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The deployment of the 24,000 chips should be completed by February 2024. Voltage Park, a nonprofit organization founded by billionaire Jed McCaleb, has acquired approximately 24,000 Nvidia H100 chips for approximately $500 million. According to The Business Time, the organization plans to lease AI computing power at a low cost to
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David Chapman, founder of Teddy DAO, told CryptoX that the project was inspired by an NFT sale he conducted last year, where he sold a one-of-one collectible and raised $15,000 for humanitarian aid organization UNICEF. He noted that this event not only highlighted the demand for NFT-backed charity donations but
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The project, Green Proofs of Bitcoin (GP4BTC), will act as a "certification layer, that can be referenced by lots of different organizations based on what the miner wants to share," Amy Westervelt, Senior Delivery Lead and head of the GP4BTC initiative at Energy Web, told CoinDesk. Original Source
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A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a common currency. Shanghai Cooperation Organization to Abandon Dollar in Favor
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As the country recuperates from the Covid-19 devastations, the crypto industry led by Bitcoin and stablecoins is expected to play a crucial role in uplifting the economic status of Venezuelan residents. The President of the Bolivarian Republic of Venezuela Nicolás Maduro has ordered the restructuring of the National Superintendence of Crypto
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GBBC Digital Finance announced on Feb. 16 that it has joined the International Organization of Securities Commissions (IOSCO) as an affiliate member. The IOSCO is an international association that develops and promotes international standards for securities. IOSCO’s members include 35 national securities regulators and over 200 affiliated organizations. In addition, the
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Faruk Fatih Öze, the founder of Thodex, one of Turkey's largest crypto exchanges, will be extradited to Turkey after being arrested in Albania in August to face charges of fraud and running a criminal organization, state media aa.com reported on Friday. Original Source
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The Federal Financial Supervisory Authority of Germany, also known as BaFin, has issued an order related to the business organization of Coinbase’s local arm in accordance with the country’s banking laws.In a Nov. 8 notice, BaFin said it had issued the order to Coinbase Germany GmbH for violations of “proper
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The CCAF, which is part of the Cambridge Judge Business School, uses publicly available data to run a theoretical model to estimate the environmental footprint of bitcoin mining. It does this by breaking down its electricity mix and calculating its greenhouse gas CO2 emission intensity per kilowatt-hour (gCO2e/kWh). Source
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A newly established Ukrainian charity organization, Pray4Ukraine, has brought together hundreds of digital artists that are using art to raise funds for the Ukrainian army and civilians devastated by the war. The organization is also attempting to use the power of art to help end the war in Ukraine. 10,000 NFTs
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