Bitcoin mining companies are turning to AI for revenue growth

Bitcoin mining companies, which have built operations worth billions of dollars, expect to generate the majority of their revenue from artificial intelligence (AI) by the end of the year, according to Bloomberg. This strategic shift reflects a growing trend to leverage existing infrastructure for AI-related computing power.

⚡ Hong Kong issues first Stablecoin licenses, boosting traditional finance

Hong Kong has granted its initial licenses for stablecoin, a move that greatly benefits traditional banks by enhancing their presence in the digital currency sector. This development indicates an increasing involvement of traditional finance in crypto, which may drive Web3 entities to adapt or compete.
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