Crypto News
GameStop CEO Responds to Proposal to Convert $5 Billion Cash to Bitcoin
The firm urged GameStop to avoid investing in other cryptos, calling Bitcoin the only “true store of value” among digital assets.Source link
Self Protocol Launches to Enhance Onchain Identity Verification
Self Protocol introduces Sybil-resistant identity verification using zero-knowledge proofs, following Self Labs' acquisition of OpenPassport, aiming to improve privacy and scalability in the digital economy. (Read More)Source link
Bitdeer Posts $531.9M Q4 Loss Amid Heavy ASIC Investments, Eyes 40 EH/s Hashrate Target
Bitdeer Technologies Group reported a $531.9 million net loss for Q4 2024 as it invested heavily in proprietary mining hardware development, including $243.4 million in payments to chip manufacturer Taiwan Semiconductor Manufacturing Company (TSMC), while targeting a self-mining hashrate of 40 exahash per second (EH/s) by late 2025. Strategic ASIC Push Drives Bitdeer’s $532M Q4Source link
Claude AI Can Now Play Pokémon—And It’s Winning
Anthropic says Claude 3.7 Sonnet outperformed older models in gaming, mastering how to win Pokémon battles.Source link
Bitcoin and Crypto Stocks Plunge Amid Broader Market Downturn
Coinbase, MicroStrategy, and other publicly traded firms saw sizable losses Tuesday as crypto and stock prices alike plummeted.Source link