Invest News (Page 31)

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Startup

US startup mines bitcoins on rubbish Nodal Power, a startup that mines bitcoin from rubbish, has announced that it has raised $13m. The firm aims to reduce the amount of methane in landfills by converting the gas into electricity. Most of it is channelled into the grid and the excess

Nvidia

AI tokens showed positive dynamics on the background of Nvidia's report Nvidia has published a report on financial results for Q2 2023. Thanks to the release of chipsets with built-in AI, the company's revenue exceeded experts' forecasts by $2bn. The organisation earned $13.5bn during

FTX

FTX creditors spend $1.5m on legal costs every day FTX creditors' legal costs hover around $1.5 million per day and about $50 million per month. "Hundreds of lawyers, financial advisers and bankers are working virtually full-time. Every dollar spent is essentially a dollar the creditors don&

Friend tech has entered the top 5 projects in terms of profit per day on DeFiLlama

SocialFi-project friend tech's daily commission volume on the Base network exceeded $1.42 million, according to DeFiLlama. Thanks to this, the platform has entered the top 5 in terms of commissions collected, leaving behind Tron, Uniswap and PancakeSwap. The project's revenue for the day exceeded $709,

China Evergrande Group files for Chapter 15 bankruptcy

China Evergrande Group, an investment holding company and one of the largest property developers in China, has filed for Chapter 15 bankruptcy in New York. The company has more than $300bn in debt.

The world's most expensive painting will be turned into an NFT for $450 million

The "Saviour of the World" painting, believed to be by Leonardo da Vinci and/or his disciples, will become available to collectors as an NFT. In 2017 at Christie's auction, the artwork was bought for a record $450.3 million. ElmonX and Bridgeman Images will handle

NASA

NASA head Nelson said that the United States does not consider Russia a participant in the new space race. According to him, the confrontation is between the United States and China.

Ilon Musk has denied rumours about the release of the X token

Ilon Musk wrote in his account that X (formerly Twitter) will never have its own cryptocurrency. Instead of an official statement of denial, Ilon replied to user DogeDesigner: "We will never do that." At the same time, some media and experts believe that X may introduce Dogecoin instead

Biden accidentally promoted bitcoin

US President Joe Biden accidentally promoted bitcoin in one of his campaign videos. The cup Biden was drinking from had "laser eyes" on it, a hallmark of bitcoin supporters. Community members even suspected him of being a hidden crypto-maximalist.

The Aave community has proposed to deploy the protocol to Base

The Aave community on the Snapshot website has a proposal to deploy the protocol to Base when the developers release the latter's mainnet. At the time of writing, a quorum is almost unanimously in favour of the initiative.