Zuckerberg becomes fourth-wealthiest person following shift to Meta
Tech giant Meta’s current market capitalization is more than $1.4 trillion — making it one of the most valuable companies in the world.
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French telecom group invests millions in local AI industry
The French telecom group Iliad revealed it has purchased one of Europe’s most powerful supercomputers and plans to create an AI research lab in Paris, among other developments. 69 Total views 1 Total shares The French telecommunications group Iliad announced on Sept. 26 that it has plans to invest millions to build up the local

Coinbase Discusses Acqui-Hire With Ripple-Backed Rental Startup
United States-based cryptocurrency exchange Coinbase is currently discussing the possibility of hiring the engineering team of Ripple-backed storage and rental startup Omni Rentals, tech news outlet TechCrunch reported on Oct. 5.Not the only company interestedPer the report, two unspecified sources familiar with the situation told the outlet that Omni is currently struggling with layoffs and…

Aethir’s GPU-as-a-service hits $36M revenue with 10% monthly growth
The decentralized GPU network puts unused capacity to work for gaming, AI, smartphones and edge computing.

Can crypto mixers adapt to survive US authority prosecution?
Tornado Cash — a cryptocurrency mixer service that can hide the origin of crypto transactions — hit the headlines after being sanctioned by the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) in August 2022. The mixer opened Pandora’s box, igniting an open debate about the role of mixers in ensuring personal

Bitcoin price holds $29K as US PCE data sparks 90% Fed rate hike bets
Bitcoin (BTC) stayed choppy at the April 28 Wall Street open while United States macro data conformed to expectations.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPCE offers "nothing to shock"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD fluctuating around the $29,000 mark on Bitstamp.U.S. Personal Consumption Expenditures (PCE) Index data, tipped as the macro event…

Crypto and blockchain investments have already doubled 2020: KPMG report
Investors now have a better understanding not only about crypto assets but also the operational and procedural side of crypto, a new report states. 371 Total views 205 Total shares Crypto and blockchain investments continue to grow thanks to the ever-rising investor interest, according to a new report from Big Four accounting firm KPMG.Titled “Pulse of Fintech…

Trump weighing Bitcoin hater Jamie Dimon for US Treasury
The former president could reveal more details at the Bitcoin Conference in Nashville from July 25 thru 27.

Multichain wallet Exodus posts $12.4M revenue, $1.9M net income in Q2
Multichain wallet Exodus has released its financial results for the second quarter of 2023, disclosing revenue of $12.4 million, a 4% decrease year-over-year. Net income amounted to $1.9 million.According to Exodus, its exchange aggregation business accounted for the majority of total revenue in the quarter, totaling $11.6 million. Fiat onboarding revenue rose 220% from 2022…