Tag: Blockchain
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Bitcoin Miner IREN Secures $3.4 Billion Nvidia AI Deal, With $2.1 Billion Share Option
Nvidia, the world’s leading designer of graphics processing units (GPUs) and AI computing platforms, has forged a landmark strategic partnership with IREN Limited, a company that has rapidly evolved from a Bitcoin mining firm into a prominent AI compute provider. The deal, announced late Thursday, centers on the deployment of up to 5 gigawatts (GW)…
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Morning Minute: Coinbase Misses Earnings on Surprise Loss
The financial landscape of decentralized technology and artificial intelligence witnessed a confluence of significant developments this week, ranging from a major cryptocurrency exchange reporting a challenging quarter to innovative strides in AI-powered transactions and medical diagnostics. Coinbase, a leading publicly traded crypto platform, reported a substantial Q1 2026 loss, yet highlighted robust growth in its…
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BitTensor Faces Decentralization Crisis as Key Builder Covenant AI Departs Amid Founder Dispute, Sending TAO Token Spiraling
Tensions have escalated dramatically within the BitTensor ecosystem, leading to a public spat between Jacob Steeves, the founder of the decentralized AI network, and Covenant AI, a prominent firm building on its platform, culminating in Covenant AI’s announced departure and a significant 18.5% plunge in the native TAO token over the past 24 hours. This…
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South Korea Signals Potential Reversal on Initial Coin Offering Ban as Regulatory Stance Softens toward Blockchain Innovation
The South Korean government is reportedly preparing to lift its comprehensive ban on Initial Coin Offerings (ICOs), signaling a significant pivot in the nation’s regulatory approach toward the digital asset ecosystem. According to reports emerging from the region, most notably through The Korea Times, financial authorities have initiated high-level discussions with the country’s tax agency,…
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Drift Protocol Exploit Linked to North Korean Cyber Operations by Blockchain Analytics Firm Elliptic
Blockchain analytics firm Elliptic has identified significant indicators suggesting that the recent multi-million dollar exploit of Drift Protocol may be linked to North Korean state-sponsored cyber operations. This attribution adds a new dimension to the investigation of one of the most substantial cryptocurrency hacks of the year, further highlighting the persistent threat posed by DPRK-aligned…
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U.S. Financial Regulators and Wall Street Leaders Confront Emergent AI Cybersecurity Threat Posed by Anthropic’s Mythos Model
U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly convened an urgent meeting with top Wall Street bank CEOs earlier this week, delivering a stark warning about nascent cybersecurity risks stemming from a sophisticated new artificial intelligence model developed by Anthropic. The high-level gathering underscored a growing apprehension among financial authorities regarding…
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