Author: NBTC

Foundry Digital LLC has launched a new suite of products aimed at enhancing institutional bitcoin mining operations. Dubbed Foundry Hardware, this initiative introduces specialized equipment designed to improve mining system efficiencies and reliability. Foundry’s New Suite Aims to Optimize Institutional Cryptocurrency Mining Foundry Hardware‘s offerings include power supply units, immersion optimization kits, and control boards tailored to support various mining machine models. According to MK Sathya, Senior Vice President of Mining Services at Foundry, these products are engineered to streamline maintenance and adapt to diverse operational demands, ensuring miners can optimize their setups without extensive modification costs. “Our decision to…

Sophon and Aethir have declared the start of a strategic partnership that will link the 800,000 robust members of the Aethir decentralized computing community with the more than 3 million people who registered for Sophon’s pre-launch campaigns. Aethir will debut on Sophon as part of the partnership shortly after its mainnet launch, which is slated for Q3 2024. The projects will also carry out a node swap between the two communities, since both have recently finished very successful node sales to the public. Cloud gaming and AI/ML training are two GPU-intensive applications that are powered by Aethir, a distributed compute…

Il Capo of Crypto, a renowned cryptocurrency analyst, recently shared his theory on the potential impact of the upcoming elections on the crypto market. According to Il Capo, Donald Trump has already taken significant steps to gain votes from the crypto community. This strategy includes accepting campaign donations in cryptocurrencies, openly supporting the crypto industry, and promising to release Ross Ulbricht at the beginning of his term. Il Capo also predicts that Trump will announce significant tax benefits for crypto users. Data shows that 14.4% of American adults own or use cryptocurrencies. However, when potential voters who are cryptocurrency users…

This week, a couple of news items have been released that allow for positive predictions on the price of Ethereum and the upcoming ETFs: the first is the imminent stock market debut of the ETFs, and the second is the SEC’s decision to no longer consider it a security. The institutional question The positive forecasts on Ethereum and ETFs after the SEC’s renunciation The landing of the ETF SEC: The effect of ETFs on Ethereum price forecasts The institutional question Of the two pieces of news, the most important is the second, because as far as ETFs are concerned, it…

The Japanese cryptocurrency industry is stepping up its lobbying efforts against stringent taxes preventing the growth of digital assets in the country. Leading this campaign is the Japan Blockchain Association (JBA) headed by Yuzo Kano, the CEO of bitFlyer Holdings which is one of the largest players in the market. In a statement released by the JBA on June 17, Kano reaffirmed their commitment to the push for change in tax laws within the next year. As for the current taxation laws in Japan, the profits generated from the trading of cryptocurrencies are categorized under ‘other income’, which means that…

Akash Network, a leading player in the decentralized cloud computing sector, has seen its native token, AKT, emerge as one of the top gainers among the top 100 cryptocurrencies, At the time of writing, AKT is still up 9% in the last 24 hours, trading at around $4.48 per coin. In the same time frame, the token experienced a daily trading volume of $51.7 million, up 495%. The crypto asset’s market cap has also climbed to $1.07 billion, making it the 76th-largest cryptocurrency. AKT 24-hour price chart | Source: CoinMarketCap Despite the recent price rally, AKT is still down by…

Attorney Rispoli says as Consensys continues its legal fight against the SEC, the lawsuit’s outcome could determine the regulator’s actual position on Ethereum. There have been mixed reactions surrounding the SEC’s decision to close investigations into Ethereum 2.0 without recommending an enforcement action. Attorney Fred Rispoli shared his reaction to the development via an X thread. Although it is certainly awesome to not be subject to an SEC investigation, substantively this “closing” of the investigation may not mean much. Why? Because of the post below. Consensys’ fight continues. In district court. In Texas. Substantively, this lawsuit and an SEC…1/4 https://t.co/OR5LbANvW6…

TradingView has integrated data from Crypto.com, one of the leading global crypto exchanges. This addition aims to enrich the analytical tools available on TradingView and to make it easier for traders to explore and understand digital asset trading. The integration of Crypto.com data into TradingView is a strategic step towards creating a more comprehensive and accessible trading experience. This move aligns with TradingView’s vision to provide seamless access to a wide array of financial instruments and data feeds. By incorporating Crypto.com’s extensive data coverage, TradingView users can now access real-time insights on over 700 crypto assets. This new feature aims…

To enable large-scale miners like Marathon, Foundry Digital, a subsidiary of The DCG Empire, has debuted its first-ever suite of hardware products for mining that are designed specifically for institutions. Branded as Foundry Hardware, this line of products is set to challenge the norms in mining by driving improved operational efficiency, reliability, and equipment lifecycle. This move by Foundry, a leader in digital asset infrastructure, reflects a strategic expansion into the hardware market, leveraging their deep industry experience and robust relationships to address critical needs within the mining community. Additionally, the move toward the hardware space from Foundry is underpinned…

MetaGravity, a frontrunner in multiplayer gaming technology, and Aethir, a pioneer in decentralised cloud infrastructure (DCI), have announced a collaborative partnership aimed at accelerating the advancement of decentralised physical infrastructure (DePIN) for the gaming industry and the 3D internet.—This alliance promises to revolutionize online experiences within persistent virtual worlds, empowering studios and enhancing multiplayer interactions. MetaGravity’s HyperScale Engine enables game developers with an unprecedented compute budget, facilitating the creation of expansive, scalable worlds effortlessly and affordably. Aethir’s Instaplay complements this with pixel streaming technology, enabling instant play across all devices without downloads, thereby enhancing accessibility. The combined technologies enable game…