Crypto News

VC-Backed Crypto Projects Face High Failure Rates—Study Reveals 45% Have Collapsed

A new study by Chainplay and Strorible reveals that nearly 45% of venture capital (VC)-backed crypto projects have shut down, and 77% fail to generate $1,000 in monthly revenue. Top-Tier VC Firms Not Spared Nearly half (45%) of venture capital (VC)-backed crypto projects have ceased operations, while 77% fail to generate $1,000 in monthly revenue,Source link

NVIDIA Offers Free Access to Base Command Manager for AI Cluster Management

NVIDIA introduces free access to its Base Command Manager, easing AI cluster management for enterprises with an option for paid enterprise support. (Read More)Source link

How Declines in Tourism Affect Municipal Bonds and Local Economies

Explore the significant impact of international tourism on municipal bond markets and local economies, highlighting the financial risks linked to declining foreign visitor numbers. (Read More)Source link

Riot Hires Data Center Chief as Bitcoin Miner Ramps Up HPC and AI Hosting Plans

Riot Platforms (NASDAQ: RIOT) has appointed Jonathan Gibbs as its new Chief Data Center Officer (CDCO) as the company pushes deeper into high-performance computing (HPC) and AI hosting. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. Gibbs, aSource link

US Debt Crisis Could Make Bitcoin the World’s Reserve Currency: Coinbase CEO

Armstrong joins critics warning that U.S. fiscal policy could accelerate global de-dollarization and boost Bitcoin’s appeal.Source link