AI
Cango Eyes Strengthening of Bitcoin Mining Operations, Entry Into AI HPC Market
The Chinese automotive transaction firm turned bitcoin miner Cango issued an update to its shareholders.
Trump Says He Wants U.S. to Be ‘The Bitcoin Superpower,’ Cites Competition From China
In a Miami speech, the U.S. president said his orders ended a “war on crypto,” mentioned that crypto helps the dollar and warned China could gain if Washington stumbles.
The Protocol: ZKSync Aims to Revamp Its Tokenomics Model
Also: The First AI Agent App Store, ETH Devs Lock In Fusaka Mainnet Date and Edge & Node’s Ampersand.
Hut 8’s Tuesday Tumble Misguided and a Buying Opportunity: Benchmark
Investors overreacted to the absence of a hyperscaler deal announcement, overlooking Hut 8’s long-term potential in AI, energy, and bitcoin infrastructure.
Olas Launches Pearl v1, the First 'AI Agent App Store'
The new platform lets users own and control autonomous artificial intelligence agents, aiming to shift power from centralized AI providers to individuals.
Wall Street's Biggest IREN Bull Hiked Price Target to $142 After $9.7B Microsoft AI Deal
The bitcoin miner turned AI infrastructure play received three price target raises following yesterday's news, including from Bernstein, which lifted to $125.
AI Payments Startup Kite Debuts Token With $263M Trading Volume in First Two Hours
The blockchain firm’s native token debuted Monday with strong activity on Binance and Korean exchanges, following a $18 million Series A raise in September.
Donut Labs Raises $15M Seed Funding to Build AI-Powered Crypto Trading Browser
Donut Labs has now raised $22 million across a pre-seed and seed funding round in the last six months.
Bitcoin Network Hashrate Hit Record High in October, JPMorgan Says
The monthly average network hashrate, a proxy for competition in the industry and mining difficulty, rose 5% to 1,082 EH/s.
HIVE Digital's Mining Capacity Hits 23 EH/s as Bitcoin Output Funds AI Shift
The company is converting parts of its mining footprint into AI-ready data centers, including a site in Grand Falls, New Brunswick, that could support 25,000 GPUs.
