Phoenix Group Activates 30MW Hydropower-Backed Crypto Mining Facility in Ethiopia
Phoenix Group recently activated a 30 MW hydropower-backed crypto mining facility in Addis Ababa, Ethiopia, in partnership with Ethiopian Electric Power (EEP). Aggressive African Expansion The Abu Dhabi cryptocurrency mining company, Phoenix Group, recently announced the activation of a 30-megawatt (MW) hydropower-backed mining facility in Ethiopia. The project, a partnership with the state-owned Ethiopian Electric […] Powered by...
Microsoft’s ‘Magentic Marketplace’ Reveals How AI Agents Can Collapse Under Pressure
Microsoft Research, alongside Arizona State University, recently launched a bold experiment called the Magentic Marketplace — a digital playground where hundreds of artificial intelligence (AI) agents competed, collaborated, and occasionally conned each other in a simulated economy. ‘Magentic Marketplace’ Shows AI Bots Struggle With Deception and Overload The Microsoft project was built to test how […] Powered by...
Out of the Swamp: Bitcoin Hits Key Level Fueled by Trump’s Tariff Dividend
Bitcoin surpassed $106K early on Monday morning after President Donald Trump announced a potential dividend payment from income accrued via tariff collection. The U.S. Senate also voted to end the federal government shutdown, a return to normalcy after the largest such event. Bitcoin Crosses $105K Milestone: Trump Tariff Dividend and Government Shutdown Ending Bitcoin is […] Powered by...
Privacy Coin Wars: Snowden’s Zcash Endorsement Sparks Monero Community Backlash
Edward Snowden’s apparent endorsement of Zcash as the leading privacy coin has sparked debate with supporters of rival digital asset monero. Privacy Debate: Zcash vs. Monero U.S. whistleblower and former National Security Agency (NSA) contractor Edward Snowden has weighed in on the Zcash (ZEC) debate, calling the cryptocurrency the “best in this space.” Snowden’s apparent […] Powered by...
Latam Insights Encore: Brazil CBDC Ditches Blockchain, Latam Stocks Shine Bright
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, the Central Bank of Brazil temporary ditches blockchain from its CBDC project, Latam stock markets outperform U.S. counterparts, and Brazil aims to tighten crypto compliance rules. Central Bank of Brazil Clarifies Drex […] Powered by...
Myriad CEO Rejects Hype, Says Predictions Markets Growth Signals Fundamental Information Pricing
Blockchain-based prediction markets are rapidly gaining mainstream prominence following their accurate forecasting of the 2024 U.S. presidential election. Loxley Fernandes, CEO of Myriad, predicts adoption will “snowball,” with trusted media coverage reducing the perceived risk profile for new users. Regulatory Thaw Under the Trump Administration Blockchain-based prediction markets have achieved a new level of mainstream […] Powered...
