China

Bitcoin miners face a new rival for cheap power as Anthropic signs multi-gigawatt compute deal

Bitcoin miners are facing increased competition for affordable energy as Anthropic, an AI research company, has signed a multi-gigawatt compute deal with a major energy provider. This agreement allows Anthropic to secure low-cost power for its AI operations, potentially driving up energy prices for Bitcoin mining. The deal highlights the growing demand for energy from AI companies, which could impact the profitability of Bitcoin mining operations. As AI continues to expand, miners may need to adapt to the changing energy landscape to remain competitive.

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Aave-Led 'DeFi United' Relief Effort Raises $300 Million to Cover Kelp DAO Exploit Losses

Aave, along with other decentralized finance (DeFi) projects, has launched a relief initiative called 'DeFi United' to raise funds for victims of the Kelp DAO exploit. The effort successfully raised $300 million to cover the losses incurred from the exploit. This collaborative response highlights the DeFi community'

Ondo Finance adds proxy voting for holders of its $700 million tokenized equities

Ondo Finance has introduced proxy voting for holders of its $700 million tokenized equities, allowing investors to participate in governance decisions. This feature aims to enhance shareholder engagement and democratize the voting process for token holders. The initiative reflects a growing trend in the crypto space to integrate traditional finance

OpenAI Is Building Its Own Smartphone Chip With Qualcomm and MediaTek: Report

OpenAI is reportedly collaborating with Qualcomm and MediaTek to develop its own smartphone chip. This initiative aims to enhance the performance of AI applications on mobile devices. The partnership is expected to leverage Qualcomm's expertise in mobile technology and MediaTek's capabilities in chip design. The move

Bitmine's ether buys are catching up to Strategy's bitcoin accumulation pace

Bitmine has significantly increased its ether purchases, narrowing the gap with Strategy's bitcoin accumulation rate. Over the past month, Bitmine has acquired a substantial amount of ether, indicating a strategic shift in its investment approach. Meanwhile, Strategy continues to focus on accumulating bitcoin, maintaining a steady pace. The

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Aave-Led 'DeFi United' Relief Effort Raises $300 Million to Cover Kelp DAO Exploit Losses

Ondo Finance adds proxy voting for holders of its $700 million tokenized equities

OpenAI Is Building Its Own Smartphone Chip With Qualcomm and MediaTek: Report

Bitmine's ether buys are catching up to Strategy's bitcoin accumulation pace