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Theta Network Launches EdgeCloud, the First Hybrid Cloud-Edge Computing Platform for AI, Video and Rendering

LOS ANGELES - May 1st, 2024 - Theta Network, the leading blockchain decentralized cloud for AI, media and entertainment, is excited to announce the launch of Theta EdgeCloud, the first hybrid computing platform for AI, video and rendering applications.Theta's new hybrid cloud-edge computing platform arrives at a critical point, driven by three major industry trends: the widespread adoption of AI across...
A New Social Trend: Welcome to the BlockDAG Network Era – How a Relatively New Project Created a Crypto-Culture of its Own

A new social trend has emerged and many are calling it "the BlockDAG era." At the heart of this phenomenon is BlockDAG Network, a relatively new project that has swiftly created a steady following and a crypto-culture of its own. BlockDAG Network has managed to capture the attention of everyone in the crypto-sphere; With top influencers and crypto gurus who...
Web3 Gaming Powerhouse Emerges: MixMarvel and Yeeha Forge Galaxy Girl Interactive

Web3 content leader MixMarvel and gaming giant Yeeha Games announced a groundbreaking partnership at Token2049 Dubai, a major blockchain conference attracting over 10,000 attendees. Their new venture, Galaxy Girl Interactive (GGI), aims to revolutionize Web3 gaming in Asia with an AI-powered ecosystem, capitalizing on the surging interest in Web3. What is GGI?The choice of 'Galaxy Girl' as the name for this venture...
StakingFarm Aiming to Compete Hard as Crypto Exchanges Embrace Staking Services

In the dynamic world of cryptocurrency, StakingFarm is intensifying its efforts to maintain a competitive edge by enhancing its crypto staking services, in line with the growing trend of major exchanges entering the staking space. StakingFarm's strategic enhancements are designed to cater to the rising demand for sustainable and profitable crypto investment strategies, offering users a compelling mix of benefits while boosting...
Simpleminers Leads as a Cloud Mining Platform, Empowering Users to Get Better Returns in Bitcoin.

With the latest developments, Simpleminers leads as a cloud mining platform that empowers users to get lucrative opportunities in Bitcoin mining contracts. The platform provides users with "one-click mining" services and advanced and efficient mining algorithms that allow users to get high-return cryptocurrency in Bitcoin. Simpleminers Cloud Mining is a shared mining business launched by the world's top Bitcoin miners. With the...
UPCX (UPC) Launches New Spot Trading Competition, UPC Token Rises Against the Trend

UPCX, a well-known Japanese open-source payment platform, is dedicated to providing comprehensive financial services that comply with regulations to users worldwide. The platform supports fast payments, cross-asset trading, and allows users to customize payment solutions according to their specific needs.As the governance token of the platform, UPC has been successfully listed on several renowned exchanges including MEXC, Gate, and Bitget....

Former Binance CEO CZ: I Will Do My Time — Crypto Industry Has Entered a New Phase

Former Binance CEO Changpeng Zhao (CZ) has expressed his gratitude to the crypto community for their support following his four-month U.S. prison sentence for pleading guilty to money laundering charges. “I will remain a passive investor (and holder) in crypto. Our industry has entered a new phase. Compliance is super important,” Zhao emphasized. CZ: Binance […]
Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’

On Wednesday, May 1, 2024, the U.S. Federal Reserve chose to maintain the benchmark interest rates at their highest in 23 years. The Federal Open Market Committee (FOMC) members noted that although inflation has subsided, it still “remains elevated.” No Change in Federal Funds Rate; Fed Continues Watchful Eye on Inflation Risks
On Wednesday, the […]
Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash Value

In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In total, they collected $1.79 billion, which, although $220 million less than the previous month, still exceeded the revenues of December 2023, which totaled $1.56 billion. Bitcoin Miners Recorded Strong Revenue Last Month On May 1, […]
NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp Declines

Sales of non-fungible tokens (NFTs) experienced a 31.26% decline in April from the revenues recorded in March. Last month, statistics show that NFT transactions across several markets totaled approximately $1.15 billion in sales. NFT Revenues Shrink in April, Certain Bitcoin Collections Buck the Trend As April concluded and May commenced, data reveals that NFT sales […]
US Spot Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling $635 Million

On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) registered their fifth consecutive day of net withdrawals, documenting a substantial $161.6 million in negative outflows. Over the last two days, Grayscale’s Bitcoin Trust (GBTC) has offloaded 1,731.56 BTC, diminishing its reserves to 296,713.90 BTC. Bitcoin ETFs Continue to See Persistent Outflows Since April 24, 2024, U.S. […]
Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard

During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values. Shares of Coinbase have fallen by over 21% since last month, and in the same period, Marathon Digital Holdings’ shares have dropped more than 28% […]

Former Binance CEO CZ: I Will Do My Time — Crypto Industry Has Entered a New Phase

Former Binance CEO Changpeng Zhao (CZ) has expressed his gratitude to the crypto community for their support following his four-month U.S. prison sentence for pleading guilty to money laundering charges. “I will remain a passive investor (and holder) in crypto. Our industry has entered a new phase. Compliance is super important,” Zhao emphasized. CZ: Binance […]
Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’

On Wednesday, May 1, 2024, the U.S. Federal Reserve chose to maintain the benchmark interest rates at their highest in 23 years. The Federal Open Market Committee (FOMC) members noted that although inflation has subsided, it still “remains elevated.” No Change in Federal Funds Rate; Fed Continues Watchful Eye on Inflation Risks
On Wednesday, the […]
Bitcoin Miners Log Second Highest Monthly Revenue in April, Despite Falling Hash Value

In April, bitcoin miners amassed the second-highest monthly revenue of the past year, following the unprecedented earnings in March. In total, they collected $1.79 billion, which, although $220 million less than the previous month, still exceeded the revenues of December 2023, which totaled $1.56 billion. Bitcoin Miners Recorded Strong Revenue Last Month On May 1, […]
NFT Sales Dip Over 31% in April; Ethereum, Solana Experience Sharp Declines

Sales of non-fungible tokens (NFTs) experienced a 31.26% decline in April from the revenues recorded in March. Last month, statistics show that NFT transactions across several markets totaled approximately $1.15 billion in sales. NFT Revenues Shrink in April, Certain Bitcoin Collections Buck the Trend As April concluded and May commenced, data reveals that NFT sales […]
US Spot Bitcoin ETFs Report 5 Straight Days of Outflows, Totaling $635 Million

On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) registered their fifth consecutive day of net withdrawals, documenting a substantial $161.6 million in negative outflows. Over the last two days, Grayscale’s Bitcoin Trust (GBTC) has offloaded 1,731.56 BTC, diminishing its reserves to 296,713.90 BTC. Bitcoin ETFs Continue to See Persistent Outflows Since April 24, 2024, U.S. […]
Crypto Market Downturn Hits Coinbase, Microstrategy, and Mining Stocks Hard

During the widespread downturn in the cryptocurrency markets, publicly listed companies within the sector such as Coinbase, Microstrategy, and bitcoin mining enterprises have experienced notable declines in their stock values. Shares of Coinbase have fallen by over 21% since last month, and in the same period, Marathon Digital Holdings’ shares have dropped more than 28% […]