Company • July 19, 2024 1:00 PM EDT Posted 5 minutes ago In ~ Nirvana Labs, a blockchain cloud company, has raised $4 million in startup funding. Castle Island Ventures and RW3 Ventures co-led the round. Additional support came from BitGo Ecosystem Fund, Hash3, Third Earth, and Play Ventures. The seed round brings Nirvana Labs’ total funding over the past six months to $5.7 million, according to a company press release shared with The Block. Nirvana Labs is developing a cloud infrastructure designed for web3 purposes. The product, Nirvana Cloud, is used by prominent crypto companies such as Chainlink, BitGo,…
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HyperNodes form a critical part of Lumia’s data availability and liquidity management technology. These nodes combat risks associated with data loss or manipulation, setting a new standard for blockchain integrity. Lumia, a zkEVM-based Layer 2 platform built on Polygon CDK, has launched the public sale of its Data Availability Committee (DAC) nodes, known as HyperNodes. Lumia says it plans to leverage the node sale to redefine data availability and liquidity for users in the blockchain ecosystem. The Role of HyperNodes in Lumia According to the press release, the community can now purchase Lumia’s HyperNodes at node.lumia.org. By participating in this…
Lawrence Jengar 19 July 2024 17:09 NVIDIA launches self-paced courses for career development in AI and data science, providing essential training and industry insights. NVIDIA announces new initiatives to support career development. A.I (AI) and data science through a series of self-paced, on-demand courses. According to the NVIDIA blog, the tech giant aims to equip professionals with the skills they need to excel in this rapidly evolving field. AI Opportunity The impact of AI is permeating nearly every industry, creating new career opportunities for professionals from diverse backgrounds. Lauren Silveira, NVIDIA’s university recruiting program…
Pixelverse rewards gamers with 30% of the total token supply. Although tokens are rapidly gaining popularity, their long-term impact will largely depend on sentiment and engagement. Pixelverse (PIXFI), a non-fungible token (NFT) and gaming ecosystem of The Open Network (TON), launched its own token, PIXFI, on July 18. PIXFI has risen nearly 360% in the past day and is likely to rise even further. Pixelverse’s PixelTap is a viral Telegram game that launched in March 2024 and reportedly added 50 million users to its player base in June. Airdrops reward the community and players with NFTs of varying rarity based…
Most NFT PFP projects have come and gone. The euphoric period of 2021–2022, with its lofty expectations, roadmaps and promises, is mainly in the rear-view mirror. But one project, Mad Lads, has emerged from the rubble of the bear market and solidified itself as a leading PFP project community on Solana. What is Mad Lads? The “Lads” minted on April 21, 2023, following a highly curated allowlist process that began 12 months earlier, spearheaded by co-founder Tristan Yver. Minting at 6.9 SOL, about $144 at the time, the Lads were a galvanizing force for good in the Solana ecosystem after…
Exchange • July 19, 2024 4:49 PM EDT Posted 1 minute earlier In ~ dot Ethereum Ethereum +3.07% According to the Cboe Exchange, exchange-traded funds (ETFs) including Fidelity and VanEck are scheduled to begin trading on July 23. Several of the proposed Ethereum ETFs will begin trading next week, Cboe said. They include the Fidelity Ethereum Fund, Franklin Ethereum ETF, Invesco Galaxy Ethereum ETF, VanEck Ethereum ETF, and 21Shares Core Ethereum ETF. “We are pleased to announce that one Exchange Listed Product (‘ETP’) will be listed on Cboe and will begin trading as a new issuance on July 23, 2024,”…
Bitcoin (BTC) rose on July 19 after a mild decline over the past two days. According to Farside Investors data, US-based spot Bitcoin exchange-traded funds (ETFs) continued to see inflows on July 17 and 18, a sign that market participants were cautious but not bearish.The number of Bitcoin wallet addresses with non-zero balances has plummeted by 672,510 in the past month, on-chain analytics firm Santiment said in a post on X. According to the firm, these mass liquidations typically lead to a rally.Crypto Market Data Daily View. Source: Coin360Trading firm QCP Capital also took a positive stance in a recent…
Join us telegram Stay up to date with the latest news coverage by subscribing to our channels. Banana Gun price has surged 28% in the last 24 hours. Traded at $69.78 As of 4:02 a.m. ET, trading volume had surged 1,231% to $35 million. This comes after the largest cryptocurrency exchange, Binance, announced Banana Gun as the first project for its Binance HODLer airdrop. After the airdrop, Binance Spot will officially list BANANA on July 20th, listing BTC, USDT, BNB, FDUSD, and TRY pairs. After the announcement, Banana Gun’s price soared, rising 59% from its bullish low of $55 to…
Louisa Crawford July 19, 2024 18:10 Electric Capital’s latest report highlights Sui’s rapid growth within the Move developer community, showing a significant increase in developer activity and engagement. According to the latest Electric Capital developer data, Sui has the largest and fastest growing Move developer community, according to The Sui Blog. This growth highlights Sui’s new leadership in the blockchain industry. Highlights from the Electric Capital Developer Report From early 2024 to July 1, Sui saw a 219% increase in monthly active developers, remaining at around 1,400 developers throughout June. This surge shows the…
Bitcoin soared over $3,000 in just four hours on July 19, with renewed volatility sending crypto markets higher.BTC/USD daily chart. Source: TradingViewAccording to data provided by Cointelegraph Markets Pro and TradingView, the weekend of July 19 was a nightmare for short-term traders, with BTC/USD suddenly rising from $63,303 to $66,506.At the time of publication, the uptrend continued after BTC/USD hit an intraday high of $66,773 on Bitstamp. Independent Caleb Franzen reacted to Bitcoin (BTC)’s rapid rally over the past few hours, saying, “#Bitcoin’s new short-term high suggests that the recent sequence of higher highs and lower lows (uptrend behavior) is…