Sunday, February 25, 2024
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New Ethereum layer-2 network Blast sees a massive $310m inflow

Blast’s innovative layer-2 blockchain sees $310 million in deposits amidst users’ criticisms.  Blast Bridge, a new Ethereum layer-2 blockchain, saw an inflow of $310 million in assets shortly after its debut. This significant influx of assets includes substantial deposits of 129,866.52 ETH through Lido and 42,587,100 DAI via Maker MSR.Launched by

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Bitcoin miner Phoenix Group’s $370m IPO overwhelms with massive subscription rate

Phoenix Group, a major bitcoin mining service provider based in Abu Dhabi, recently announced the successful completion of its Initial Public Offering (IPO), securing a substantial $370 million in capital.  In a statement released this week, Phoenix Group revealed the IPO, initiated on the Abu Dhabi Securities Exchange (ADX), witnessed an

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OpenAI Attracts Google Researchers by Offering Massive $10M Package

Despite the market slowdown, OpenAI continues with aggressive hiring by strategically leveraging the growing interest in AI technology. OpenAI is said to be presenting substantial compensation packages, reaching as high as $10 million, to entice top researchers away from Google, as per a report from The Information. This marks OpenAI’s

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