AI


Finance

AI Firm Genius Group Adopts Bitcoin as Primary Treasury Asset; Shares Spike 50%

Shares are now trading at $0.70 after initially spiking up to $1.

Night view of Singapore taken across the water.

Finance

Solana Memecoin ACT Rockets 1,720% on Binance Listing as Altcoin Market Heats Up

The token has risen amid an absence of liquidity on exchanges.

Rocket taking off. (NASA, modified by CoinDesk)

Finance

Michael Novogratz's Galaxy Looks to AI Computing as Bitcoin Mining Revenue Falls

The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.

Mike Novogratz, Galaxy Founder and CEO, speaks at Consensus 2024 (CoinDesk/Shutterstock/Suzanne Cordiero)

Tech

Privacy Blockchain Project Nillion Raises $25M to Expand 'Blind Computing'

Nillion builds its service around the concept of "blind computing," the processing of data without having to reveal its contents

Nillion CEO Alex Page (Nillion)

Finance

Crypto-Backed Cloud-Storage Platform Storj Promotes Colby Winegar to CEO

Winegar previously served as the company's chief revenue officer.

(Growtika/Unsplash)

Markets

Bitcoin Miner HIVE Poised to Double Its Hashrate by Next Year, Cantor Says Initiating Stock at 'Overweight'

The broker said the miner's growth isn't priced-in and initiated coverage of the miner with $9 price target.

Alta Novella's turbine room with 40 ASIC bitcoin miners.

Finance

Crypto Traders Apparently Spam Truth Terminal Into Pumping Coin Associated With Brian Armstrong’s Dog

The traders appeared to have made a quick profit, selling quickly after the price jump.

(freestocks/Unsplash)

News Analysis

Crypto Degens Baited an Experimental AI Bot Into Promoting a Memecoin. It's Now Up 16,000%.

Conceived as a live experiment in human interactions with AI models, the viral bot ended up shilling a memecoin called GOAT.

The GOAT token refers not to a horned mammal but to a made-up religion often cited in social media posts by AI bot Terminal of Truth. (MartinThoma/Wikimedia Commons)

Finance

SingularityDAO Plans to Merge With Cogito Finance, SelfKey to Form AI-Focused Layer-2

The three projects' tokens will consolidate into Singularity Finance (SFI).

Merger (TheDigitalArtist/Pixabay)

Markets

Core Scientific, on Cusp of Becoming a Major Force in AI Hosting, Initiated at Buy: Canaccord

The broker started coverage of the bitcoin miner with a buy rating and a $16 price target.

Core Scientific's Marble facility in North Carolina. (Core Scientific)