Mining
The company will be able to add up to 150 megawatts of energy capacity through the two agreements.
Applied Digital will be deploying HPE's Cray XD supercomputers in its AI cloud service.
Hive wants to provide enterprise training in its fleet of GPUs as part of its pivot to artificial intelligence.
Miners usually sell bitcoin at favorable prices to keep their extensive computing operations running.
APLD shares surged on Nasdaq after the firm announced its second AI cloud hosting deal.
Miners are increasingly looking to fill data center space with AI and cloud computing.
Hackers have a new way to recycle their ill-gotten crypto gains.
Block Green aims to unlock liquidity from institutional investors for miners and incentivize green mining.
Hive CEO says the company is in talks with four companies and four marketplaces as it bolsters its machines that formerly mined ETH
- 03:11Loan Protocol Loopscale Hit by Attack, Approximately 5.7 Million USDC and 1,200 SOL StolenOn April 27, it was reported that the Solana-based lending protocol Loopscale disclosed on platform X that at 11:30 AM EST (UTC+8, April 26, 11:30 PM), the RateX PT token pricing function of Loopscale was manipulated, leading to the theft of approximately 5.7 million USDC and 1,200 SOL from Loopscale's USDC and SOL vaults. Currently, all markets of Loopscale have been temporarily halted for the team to conduct further investigation. The funds involved in this security breach constitute about 12% of Loopscale's total funds and only affect depositors who have funds in Loopscale's USDC and SOL vaults. Borrowers and revolving loan users are unaffected. Efforts are underway to restore the repayment function as soon as possible to avoid unforeseen liquidation scenarios. The team is working closely with law enforcement officials, security experts, and investors to recover the funds. An update will be released immediately upon receiving more information and a complete technical analysis report.
- 03:11Market News: IMF States El Salvador Has Stopped Using Public Funds to Invest in BitcoinApril 27 News, according to a post and screenshot by crypto KOL Crypto Rover, the International Monetary Fund (IMF) states that El Salvador has stopped using public funds to invest in Bitcoin.
- 03:10U.S. Bond Funds See Record Inflows Last Week, Bond Market StabilizingAccording to The Kobeissi Letter, U.S. bond funds experienced record inflows last week, reaching about $19 billion. This surpasses the previous record of approximately $14 billion set during the pandemic in 2020. Meanwhile, the 30-year U.S. Treasury yield is down nearly 30 basis points from its peak in April. The U.S. bond market is stabilizing.