Donald Trump Owns Over $1M in Ether, Earns Millions from NFTs
Donald Trump holds $1-5 million in Ethereum and earns millions from NFTs, actively changing the crypto scene amid the US presidential election. Former U.S. President Donald Trump has entered the cryptocurrency market, holding between $1 million and $5 million in Ethereum and earning millions from NFT rights deals. These details were revealed in a recent election disclosure, […]
5ire Launches Hybrid Layer-1 Mainnet
After a successful testnet phase, blockchain startup 5ire launched its mainnet to redefine blockchain’s environmental impact. Layer-1 blockchain platform 5ire has launched its mainnet, furthering its goal of promoting environmentally sustainable blockchain development. 5ire announced the debut of its testnet on August 15 and shared the press release. The testnet logged over one million on-chain […]
Bitdeer Expands with $150M Convertible Notes Offering
The notes carry an 8.5% annual interest rate, and Bitdeer plans to use the proceeds for business expansion and general corporate purposes. Bitdeer Technologies Group, a cryptocurrency mining company based in Singapore, has announced that it intends to expand its data center and create ASIC-based mining rigs through a proposed public offering of convertible notes […]
South Africa’s AI Framework Lays Groundwork for Tech Leadership
Stakeholder input will be crucial in creating a robust and effective AI policy as stakeholder consultations continue. The South African Department of Communications and Digital Technologies has released a national policy framework, marking an important step toward establishing the country as a leader in artificial intelligence. Local reports describe this as a critical “first step” in […]
Ethereum ETF Outflows Surge, ETH Signals Sell
On August 15, spot Ethereum ETFs had a $39.2 million net outflow, with Grayscale’s Trust losing $42.5 million. The Ethereum (ETH) market is experiencing increased selling pressure, as the most recent statistics revealed significant outflows from ETH exchange-traded funds (ETFs). Furthermore, prominent ETH whales have triggered a significant sell-off in the market. This event comes […]