Crypto News
IBM Research Unveils Advanced AI Hardware Innovations
IBM Research is developing cutting-edge devices and architectures to meet the increasing processing demands of AI. (Read More)Source link
Bitcoin Technical Analysis: Key Resistance Levels Test Bullish Momentum
On Aug. 26, 2024, bitcoin is navigating a crucial juncture, with prices hovering around $63,908. Despite a recent recovery attempt, the cryptocurrency faces significant resistance between $64,000 and $65,000. Bitcoin Bitcoin’s 1-hour chart reveals a recent peak at $65,103, followed by a sharp drop to $63,128 before stabilizing just above $63,500. This stabilization is critical,Source link
Institutional Bitcoin Miner Investors Mostly Care About AI Data Center Potential—Not BTC, Says Bernstein
But they'll still get the benefits of Bitcoin gains, writes Bernstein, which reiterated its forecast that BTC will go to $200,000.Source link
Egyptian Fintech Firm Secures $3 Million to Grow Its Credit Services
Egyptian fintech startup Lucky has raised $3 million in a convertible note round to expand its credit services and contribute to Egypt’s financial inclusion goals. The funding will support Lucky’s growth plans and help it achieve sustainable profitability. Lucky aims to provide accessible consumer credit solutions to underbanked Egyptians. Aligning With Egypt’s Financial Inclusion AgendaSource link
MacOS Malware ‘Cthulu Stealer’ Is Draining Crypto Wallets—Here’s How to Spot It
The good news: The main developer has been flagged for withholding payments and the malware has been banned from at least one marketplace.Source link