Ex Bitmain chief raise funds for new crypto unicorn
Jihan Wu’s Bitmain exit strategy included the creation of Matrixport, which today has a market capitalization of more than $1 billion after only two years in the business world. With the launch of Bitmain Technologies in 2013 and the subsequent public offering, Jihan Wu established himself as a household brand within the cryptocurrency industry. His […]
Livepeer raises about $20 million from its series B funding
Funds from Livepeer’s $20-million Series B funding, will be used to develop an in-house protocol to test broadcast use cases like scene classification, object recognition, song title detection, and video fingerprinting. The success of Ethereum-based projects has been built on the foundation of this year. Livepeer, an Ethereum-based video streaming network, is also in the […]
Ethereum (ETH) gets an Ethiopian Logo on Twitter
Twitter CEO, Jack Dorsey isn’t trolling Ethereum by making its logo the Ethiopian flag, this might be in a bid to support the Ethiopian athletes. Crypto When the hashtag #eth began to automatically display the Ethiopian flag as the Ethereum ‘logo,’ Twitter erupted in laughter. Given Twitter CEO Jack Dorsey’s fondness for Bitcoin and the […]
Rapper Busta Rhymes to officially hold Bitcoin and to also look into Ethereum
Busta Rhymes attributes his decision to invest to the panel discussion on The B Word that took place yesterday, which included Jack Dorsey, Elon Musk, and Cathie Wood. The rapper Busta Rhymes has become the latest celebrity to express his support for Bitcoin, the world’s most valuable cryptocurrency by market capitalization. He attributes his decision […]
Graphics processing units (GPUs) plunges slightly as Ethereum continues to drop
Since the price of Ether has dropped below $2,000, the price of Graphics processing units (GPUs) has fallen even further from June to July this year. GPUs have gotten a little more affordable in July, as the price of Ether has maintained its downward trajectory (ETH). As reported by TechSpot, GPUs costs across a wide range […]