Phlomis Finance: Revolutionizing Real-World Asset Tokenization with Chromia
As the Real-World Assets (RWA) industry surges past $50 billion, Phlomis Finance is stepping up to bring innovation to this booming sector. Leveraging Chromia’s robust relational blockchain infrastructure and its specialized Chromia Real World Assets Protocol (CRWA), Phlomis Finance aims to bridge the gap between traditional finance and the crypto
Eigen Layer’s $EIGEN Token Debut markets at $6.51B FDV
EigenLayer’s native token, EIGEN, has finally hit the market with a fully diluted valuation of $7.16 billion. The token, which is designed to be a “Universal Intersubjective Work Token,” will be listed on several centralized exchanges, including Binance and MEXC, on October 1st at 05:00 UTC. The debut of EIGEN
Bitcoin Price to Surge 210%, Predicts CleanSpark CEO
Zachary Bradford, CEO of CleanSpark, a leading Bitcoin mining company, has boldly predicted that Bitcoin’s price could skyrocket by 210% within the next 18 months. His forecast is based on several factors, including anticipated Federal Reserve interest rate cuts, the upcoming U.S. general election, and the post-halving market cycle. Other
Bitcoin Tumbles Below $64K as Surprise Japan Prime Minister Choice Triggers 5% Plunge in Nikkei
Bitcoin’s recent rally has come to an abrupt halt, with the cryptocurrency plunging below $64,000 following the surprise selection of Shigeru Ishiba as Japan’s next prime minister. Ishiba’s appointment has renewed fears of a potential tightening of the Bank of Japan’s monetary policy, sending markets lower. The decline in bitcoin
Crypto Whale Falls Victim to Phishing Attack, Loses $32 Million
A prominent crypto whale has suffered a significant financial loss after falling victim to a sophisticated phishing attack. The incident, detailed by blockchain analyst ZachXBT, involved the theft of 12,083 spWETH tokens, valued at approximately $32.4 million. The attack was carried out using the Inferno Drainer, a malicious tool that
Hive Digital Pivots from Crypto Mining to AI Data Centers
Leveraging GPU Infrastructure for AI Workloads When Ethereum transitioned from a proof-of-work to a proof-of-stake mechanism in 2022, crypto miner Hive Digital had to revamp its business model. The new purpose for its Nvidia graphic processing units (GPUs) was clear: artificial intelligence applications. The GPUs, purchased in a $66 million
