Hut 8 Mining, a leader in digital asset mining, has recently made headlines with a significant funding boost from Coatue Management. This $150 million investment is set to propel the company’s capabilities in artificial intelligence (AI) infrastructure, highlighting its pivotal role in the burgeoning tech landscape.
WilfredThe U.S. Securities and Exchange Commission (SEC) issued a warning to UniSwap Labs on Wednesday, saying it may file an enforcement action against the company.
JinseFinanceElon Musk sues OpenAI over mission deviation, demands name change to 'ClosedAI.' Legal battle raises questions about motives. Netizens stress product quality as key to OpenAI's success.
EdmundHut 8's recent court approval and market positioning showcase a mix of strategic advancements and responses to the broader crypto market sentiment. The upcoming acquisition, funding arrangement, and evolving ownership structure mark key milestones for the company.
SanyaPizza Hut and Spark Foundry have clinched the esteemed title of Best Brand Experience of the Year at The Drum Awards for Metaverse. This recognition stems from their exceptional collaboration with End of the World Pizza (EOWP), delving into the Metaverse with an innovative approach.
JoyHut 8's imminent merger with US Bitcoin Corp marks a pivotal moment for the company, ushering in a phase of geographic diversity and expanded revenue streams. Industry experts view this move as a strategic evolution in response to changing market dynamics, emphasizing the importance of bold decision-making for miners in the current landscape.
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Other Bitcoin miners such as Core Scientific, Argo Blockchain and Riot Blockchain have reduced their BTC holdings during the bear market.
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