Author: NBTC

Google is diving deeper into the Bitcoin mining world after backing a deal that gives the tech giant a more than 5% stake in Nasdaq-listed miner Cipher.  Cipher announced Thursday that it signed a 10-year high-performance computing colocation agreement with AI cloud platform Fluidstack, a premier AI cloud platform. The deal will see Cipher deliver 168 MW of critical IT load, supported by a maximum of 244 MW of gross capacity, at its Barber Lake site in Colorado City, Texas. Google said it will backstop $1.4 billion of Fluidstack’s lease obligations to support project-related debt financing and will receive warrants…

Atleta Network, a sports-focused Layer-1 blockchain, announced a strategic collaboration with Okratech, a multi-chain infrastructure enabling people to access Web3 applications. Using this partnership, Atleta utilizes Okratech’s cross-chain abstraction to introduce advanced DeFi, AI, and decentralized technologies into its sports-based network to help enhance its digital sports engagement and participation. Atleta Network is a Layer-1 blockchain platform aiming to safeguard and expand the digitization of sports, tokenization of traditional sports products, and conversion of private sports markets into public ones. Using its decentralized blockchain, the Atleta Network addresses challenges of fragmented sports data and dishonest transactions/deals in sports. Built for…

Ethereum price started a fresh decline below $4,550. ETH is now consolidating and might decline further if it breaks the $4,250 support zone. Ethereum failed to extend gains and declined below the $4,550 zone. The price is trading below $4,450 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above $4,400 and $4,450. Ethereum Price Dips Sharply Ethereum price failed to continue higher above the $4,650 zone and started a fresh…

Changpeng Zhao, the founder and former chief executive officer of the world’s largest exchange, Binance, has taken to his official X account to comment on the news of the Indian rupee crashing against the US dollar. CZ shared his hot take on what is happening with the global economies at the moment, hinting that crypto may serve as a good tool and help countries prosper. “The best way to improve economy” from CZ CZ commented on the recent drop of the Indian rupee as it has reached a new low against the US dollar. In his tweet, Zhao spoke about…

Ohio Congressman Thaddeus Claggett introduced a bill formally prohibiting AI personhood. In some situations, corporations can legally count as persons already, so this bill isn’t necessarily related to AGI. Claggett’s bill describes a number of restrictions: LLM protocols can’t own property, directly manage human employees, be held liable for a crime, and more. These “common sense” regulations could significantly impact corporate policies. Can AI Achieve Personhood? Artificial General Intelligence, or AGI, is a core long-term goal in the US AI industry. Many LLM developers genuinely believe that these models can achieve true sentience, functionally becoming independent intelligences. Whether or not…

Pinkfong, the creator of the global hit ‘Baby Shark,’ is taking its iconic IP to Web3, as Story Protocol announces its tokenization on ip.world. Summary “Baby Shark” and other Pinkfong content are now tokenized on Story Protocol’s ip.world. The initiative allows fans and creators to “remix and expand the Pinkfong IP”, according to the official announcement. Story Protocol (IP) has just announced the tokenization of Pinkfong’s IP, the creative force behind the global sensation “Baby Shark,” on ip.world, a platform for IP-backed memecoins on Story Protocol. With over 140 billion total views and more than 240 million subscribers across platforms,…

PayPal and decentralized finance platform Spark have teamed up to grow liquidity for PYUSD$0.9993 onchain, aiming to scale deposits from $100 million today to $1 billion in the weeks ahead. PYUSD, issued by Paxos and pegged to the U.S. dollar, was recently onboarded to SparkLend, Spark’s lending marketplace. The integration gives users the ability to supply and borrow PYUSD, with liquidity supported by Spark’s $8 billion stablecoin reserve pool. This approach contrasts with traditional liquidity programs that rely on expensive market-maker incentives, instead offering predictable depth at set borrowing costs. “Predictable access to deep liquidity is what allows stablecoins like…

Ethereum continues to hold steady despite ongoing volatility, with ETH hovering just below the $4,500 mark. While sharp gains remain elusive, the asset is equally shielded from steep declines. Strong investor accumulation is helping the altcoin king maintain stability, fueling optimism for a potential recovery in the coming days. Ethereum Holders Continue Accumulation Ethereum’s net exchange position highlights that ETH holders are once again moving toward accumulation. Over the past week, exchanges recorded outflows of more than 420,000 ETH, valued at roughly $1.87 billion. These consistent outflows demonstrate optimism despite recent market swings. Investors moving ETH off exchanges typically signal…

The world of corporate finance is witnessing a significant shift, and a recent announcement from a US-listed company is set to add more fuel to this evolving landscape. Mogu Inc. (NYSE: MOGU), a prominent player listed on the New York Stock Exchange, has unveiled an ambitious plan: a substantial Mogu crypto investment of up to $20 million. This move signals a growing trend of traditional companies embracing digital assets, and it’s certainly turning heads in both the financial and cryptocurrency sectors. What Exactly is Mogu’s Bold Crypto Investment Strategy? In a formal filing with the U.S. Securities and Exchange Commission…

The Ohio State Board of Deposit unanimously approved a vendor to process crypto payments, including Bitcoin, for state fees and services in its latest bid to integrate crypto into public finance. “With hundreds of thousands of transactions going through my office each year, I want to commend the board for taking bold action to position us at the forefront of the emerging digital economy,” Ohio Secretary of State Frank LaRose tweeted on Wednesday. Wednesday’s approval caps months of work that began in April, when LaRose and Ohio Treasurer Robert Sprague pushed the board to authorize crypto payments.   The proposal…