Fetch.ai Invests $100M in ‘Fetch Compute’ Program for GPU Rewards
Fetch.ai, a Cosmos-based crypto-artificial intelligence project, is investing $100 million in Fetch Compute infrastructure program to provide GPU credits to its users and enhance the tools, computing capacity, and training capabilities available to developers. With funding from the Fetchi.AI ecosystem fund, Fetch Compute will implement Nvidia H200, H100, and A100 GPUs to create a platform […]
Bitcoin ETFs Net Inflow Surpasses $500M
On March 4, United States-based spot Bitcoin exchange-traded funds (ETFs) received $562 million in net inflows as the BTC price surpassed $68,000 and approached its all-time high of approximately $69,000. Despite outflows from several minor participants and the Grayscale Bitcoin Trust (GBTC), inflows occurred on March 4. The day saw $368 million in outflows from […]
Deutsche Börse Introduces Spot Cryptocurrency Trading
Deutsche Borse, a German securities exchange, in collaboration with custody provider Crypto Finance has formally launched its cryptocurrency trading platform for institutional clients. March 5 marked the debut of Deutsche Borse Digital Exchange (DBDX), the company’s proprietary cryptocurrency spot platform for institutional clients. Established in partnership with Crypto Finance, a custody provider, the DBDX provides […]
Tether Launches Blockchain Recovery Tool For USDT Migration
Stablecoin issuer Tether has released a blockchain recovery tool for transferring the USDT stablecoin between blockchains after its $100 billion market capitalization. Tether unveiled a blockchain recovery strategy on March 4 to guarantee consistent access to USDT if any of the numerous blockchain networks utilized for USDT transactions experience disruptions. According to data from Tether, […]
Virginia State Passes Crypto, Blockchain Adoption Bill
A landmark bill was enacted by the Virginia Senate of the United States, which established a workgroup charged with examining the broader crypto and blockchain ecosystem and developing suggestions to promote the growth of the technology. Legislators in Virginia introduced Senate Bill No. 339 on February 5 to solicit recommendations regarding promoting and expanding blockchain […]