Crypto News
Bitcoin Treasury Bandwagon Reaches Africa as Altvest Jumps on Board
Altvest Capital (ALV) became the first listed company in Africa to adopt bitcoin (BTC) as a strategic treasury asset, the company said in a press release Friday.Altvest said it bought one bitcoin for its strategic treasury, following a path set by Strategy (MSTR) in the U.S. and Metaplanet (3350) in Japan.The Johannesburg-based company paid 1.8 million rand ($98,200) for just over 1 BTC, and said it doesn't plan to buy alternative cryptocurrencies.Altvest said it sees "bitcoin as the only digital asset that meets its stringent investment criteria for a long-term treasury allocation."Corporates are increasingly adding bitcoin as a strategic treasury asset. Michael Saylor's Strategy (formerly known as MicroStrategy) pioneered the a move, starting to buy BTC in 2020. It now...
Sam Bankman-Fried Courts Trump, Musk in Bid for Clemency
The jailed FTX co-founder is attempting to rebrand himself as a man wronged by a political system he now rejects.Source link
University of Tokyo Leverages NVIDIA for Energy-Efficient Seismic Research
The University of Tokyo is using NVIDIA's Grace Hopper Superchip to enhance energy efficiency in seismic research, achieving substantial computational performance improvements. (Read More)Source link
NVIDIA Unveils In-Game Inference SDK for Enhanced AI Characters
NVIDIA introduces the In-Game Inference SDK to integrate AI characters into gaming, enhancing realism through generative AI models for dynamic interactions. (Read More)Source link
Legendary Cypherpunk Claims Bitcoin Is in the ‘Early Stages’ of a Bull Market
Adam Back, a prominent cypherpunk mentioned in the Bitcoin whitepaper, remarked that while there has been some market consolidation due to profit-taking by certain investors, demand is clearly outpacing production, with ETFs and institutions like Strategy leading the way. Legendary Cypherpunk Turns Analyst: Back Claims Bitcoin Is Entering a New Bull Market Phase While bitcoinSource link