SingularityNET to Invest $53M in Modular Supercomputer, AI
SingularityNET, an artificial intelligence platform developer, has disclosed a $53 million investment in a modular supercomputer dedicated to decentralized artificial general intelligence (AGI). The supercomputer will receive $26.5 million in the initial phase of the investment, as announced on July 23. This investment will include modular data center solutions from Ecoblox, graphics processing units (GPUs), […]
SEC Grants Approval to VanEck Ethereum ETF
After three years of filings, the VanEck Ethereum exchange-traded fund (ETF) has been approved by the United States Securities Exchange and Securities Commission (SEC). The ETF’s Notice of Effectiveness, submitted on July 22, is designed to offer investors a regulated method of acquiring exposure to Ether in the United States. The approval results from a […]
Nansen Introduces First Ether ETF Analytics Dashboard
Blockchain analytics provider Nansen has launched the crypto industry’s first-ever Ether exchange-traded fund (ETF) analytics dashboard. The free dashboard will monitor the performance of the highly anticipated United States-based spot Ether ETFs. It will give traders a real-time overview of the most critical data, including an interactive ETF flow chart and total ETF issuer balances. […]
WazirX Hacker Transfers $57M ETH, Exchange Increases Bounty
The $230 million WazirX hacker has transferred $57 million in ETH of the stolen funds to two new cryptocurrency addresses. In the most recent endeavor to redirect the stolen assets, the hacker has transmitted 16,350 Ether worth over $57 million to two new crypto wallets. According to a July 22 X post by blockchain security […]
Asia’s First Inverse Bitcoin ETF to Launch in Hong Kong
Hong Kong will introduce Asia’s first Bitcoin futures inverse product, the CSOP Bitcoin Future Daily (-1x) Inverse Product (7376.HK), on July 23. The objective of the new exchange-traded fund (ETF) by CSOP Asset Management, one of the largest asset administrators in China, is to provide investors with a means of profiting from drops in the […]