Curve founder holds $33.87 million in CRV collateral and $20.6 million in CRV debt on 4 platforms

Vitalik Buterin Advocates for a 33% Increase in Ethereum's Gas Limit

Ethereum co-founder Vitalik Buterin has proposed a 33% increase in the network's gas limit during a recent Reddit AMA, aiming to break a nearly three-year stagnation. The adjustment, if implemented, could enhance Ethereum's transactional capacity but raises concerns about heightened network risks, prompting the community to carefully weigh the potential benefits against security implications.

Vitalik: It is recommended to increase the Gas limit by 33% to increase throughput

Vitalik Buterin suggested increasing the Ethereum gas limit to 40 million to increase network throughput.

Phoenix Group Expands Bitcoin Mining Operations with $187 Million Bitmain Purchase

Abu Dhabi-based Phoenix Group is set to acquire $187 million worth of new Bitcoin mining rigs from Bitmain Technologies, following a $380 million deal with WhatsMiner. The move aims to significantly boost Phoenix's Bitcoin hashing power, positioning the company as a major global crypto miner. The strategic expansion aligns with the recent approval of a Bitcoin exchange-traded fund (ETF) by the SEC, anticipating potential industry growth. Despite competition and profitability challenges in Bitcoin mining, Phoenix Group's aggressive approach underscores its commitment to staying competitive in the evolving sector.

Phoenix Boosts Bitcoin Mining Arsenal with $187M Machine Acquisition

Phoenix Group's strategic investments in cutting-edge mining technology, coupled with its market debut and oversubscribed IPO, solidify its presence as a formidable player in the global Bitcoin mining landscape. However, the lack of response to inquiries raises questions about transparency and communication practices within the company, warranting further scrutiny.

Mistral AI's Strategic Leap with $487 Million Funding

Mistral AI, a French startup, is securing a remarkable $487 million in funding led by Andreessen Horowitz, positioning it as a strong competitor in the AI market against giants like OpenAI.

Solana Price Prediction: 33% “Losing Trust” in SOL Team

Solana price prediction: 33% of an in-industry expert panel say they are losing trust in SOL and the Solana team. The result follows network outages and dramas like the $661k DEX loss. This is according to the latest Finder report.

Biden is hiring 87,000 new IRS agents — and they're coming for you

The Internal Revenue Service is hiring a fleet of new agents. And they’re probably coming for you — regardless of your income level.

Traders debate whether Solana (SOL) is a buy now that it’s down 87% from its all-time high

SOL price is 87% down from its all-time high, but do improving fundamentals strengthen its investment thesis?

33% Of Britain’s Consumers Have Used Crypto, Coinbase Report Reveals

South Korea to invest $187 million in its national Metaverse project

The South Korean government will provide $186.7 million to spur growth on the Metaverse platform, where it hopes businesses and industries will thrive.