Category: Industry Insights
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Coinbase team works 12-hour days on Q2 2023 market expansion under Brian Armstrong
Coinbase CEO Brian Armstrong leads a team working 12-hour days on a new initiative, focusing on innovation and market expansion in Q2 2023.
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Ethiopia Bitcoin mining grows as 57 million lack power in 2024
Bitcoin mining expands in Ethiopia while 57 million lack electricity. Ethiopia aims to leverage hydropower for crypto mining, contrasting with energy poverty.
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Solana hits 107000 TPS amid scalability debate and SOL volatility
Solana achieved 107000 TPS, surpassing Ethereum and Visa. Analysts debate scalability versus real-world utility as SOL price fluctuates amid network upgrades.
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Solana hits 100K TPS in stress test, boosting blockchain scalability
Solana achieved 100K TPS during stress tests, enhancing SOL’s market position. Ethereum and Bitcoin remain key competitors in blockchain scalability.
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Faraday Future allocates $30M to crypto treasury for tokenized car sales by 2025
Faraday Future plans a $30M crypto treasury and tokenized car sales, joining Tesla and Bitcoin in blockchain-based automotive finance innovations by 2025.
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Solana Alpenglow consensus vote targets 2024 scalability upgrade
Solana’s Alpenglow consensus enters community vote, aiming to enhance scalability. SOL token rose 5% post-announcement. Ethereum and Cardano also monitoring developments.
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Faraday Future commits $2 billion to Bitcoin and Ethereum integration by 2025
Faraday Future plans a $2 billion crypto initiative, partnering with Bitcoin and Ethereum. The EV startup aims to integrate blockchain by 2025.
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Parag Agrawal launches 2024 AI startup with $20M funding
Former Twitter CEO Parag Agrawal launched an AI startup in 2024, focusing on NLP and machine learning, with $20M in initial funding from Sequoia and Andreessen Horowitz.
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Solana achieves 100K TPS in mainnet stress test with Jump Crypto
Solana achieved 100K TPS in a mainnet stress test, surpassing Ethereum’s 30K TPS. Key participants included Jump Crypto and FTX.
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Faraday Future commits $10 billion to crypto integration by 2025
Faraday Future plans a $10 billion crypto strategy, joining Tesla and Bitcoin in EV-crypto integration. The initiative targets 2025 with 15% revenue from digital assets.
