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Publicly Bitcoin mining company Bit Digital is expanding into AI. It will provide the customer with rental services for a minimum of 1,024 GPUs and a maximum of 4,096 GPUs. Bit Digital also purchased 132 FusionOne HPC for approximately $35 million.
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According to Cointelegraph, the world's top scientific journal Nature reported on December 11 that the DeSci project ResearchHub uses ResearchCoin (RSC) to incentivize academic peer review, and each paper review can receive a token reward of about $150. ResearchHub launched in 2020 and is backed by Coinbase CEO Brian Armstrong.
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Thomas Peterffy, founder of Interactive Brokers, recommends that investors allocate 2% to 3% of their net assets to Bitcoin, but limits clients' Bitcoin investment to 10% of their total assets. Thomas Peterffy is the 46th richest person in the world. https://www.bloomberg.com/news/articles/2024-12-11/peterffy-says-investors-should-hold-bitcoin-but-not-too-much?utm_source=telegram&utm_content=crypto&utm_medium=social
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The Vancouver City Council, Canada's third largest city, passed a motion to become a "Bitcoin-friendly city" and explore its potential municipal uses. Its mayor Sim has always been a staunch believer in Bitcoin, calling it the greatest invention in human history and saying that traditional fiat currencies will go to zero.
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Nano Labs, a Nasdaq-listed crypto mining chip design company, announced the completion of a $36.25 million private placement. This financing breaks through the traditional financing model and supports payment methods such as US dollars, Bitcoin and USDT. https://www.prnewswire.com/news-releases/nano-labs-announces-closing-of-us36-25-million-private-placement-302328862.html
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According to Fortune, Sphere, a cross-border payment stablecoin company, has completed a $5 million financing round, led by Coinbase and Kraken. Founded in 2022, Sphere is committed to providing cross-border payment services similar to Stripe through stablecoins, supporting the rapid flow of funds around the world, and working with local banks to complete the exchange of stablecoins and fiat currencies. Sphere plans to use this round of financing to strengthen compliance and risk management.
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