investments | ForkLog

ForkLog 18 27.08.2024

Crypto Millionaires Surge by 95% Amid 2024 Bull Run

The number of investors holding at least one million dollars in cryptocurrencies has reached 172,300, marking a 95% increase from the previous year, according to the Crypto Wealth Report 2024 by Henley & Partners. The Crypto Wealth Report 2024 is a unique publication for followers of digital assets and private wealth and investment migration trends […]

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ForkLog 17 19.08.2024

AMD to Acquire ZT Systems for $4.9 Billion to Boost AI Capabilities

AMD has announced its acquisition of AI infrastructure developer ZT Systems for $4.9 billion, according to FT. The deal will enable the American chipmaker to accelerate the deployment of its AI data center product line and compete with Nvidia’s popular graphics processors, AMD noted. “This will bring a thousand world-class design engineers to our team, […]

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ForkLog 37 14.08.2024

TON Ventures Secures $40 Million in Funding

Former TON Foundation employees Jan Wittkopp and Inal Kardan founded the venture firm TON Ventures, securing initial investments of $40 million. The initiative aims to support startups within The Open Network (TON). “We will invest at the application level, as well as in tools that enhance the development and monetization process of TON ecosystem applications,” […]

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ForkLog 17 13.08.2024

Turkish Firm to Invest in El Salvador’s Bitcoin City Infrastructure

El Salvador is set to receive $1.615 billion in investments from the Turkish company Yilport Holding, with a portion allocated to the Bitcoin City project. Ülkemizin tarihindeki en büyük özel yatırım ???? pic.twitter.com/2cmn8T3g5p — Nayib Bukele (@nayibbukele) August 12, 2024 The funds will be used to upgrade two of the country’s ports—Acajutla and La Unión. […]

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ForkLog 40 13.08.2024

Tether to Challenge Tech Giants in AI Sector

Tether plans to invest in the AI sector by promoting decentralization and Bitcoin ethics, such as freedom of speech and access to technology and finance. This was revealed by the company’s CEO, Paolo Ardoino, in an interview with WIRED. “The concept of decentralization can be applied to various fields, such as artificial intelligence. We see […]

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ForkLog 29 23.07.2024

Canadian AI Startup Cohere Valued at $5.5 Billion

The Canadian startup Cohere has raised $500 million, achieving a valuation of $5.5 billion, thus becoming one of the most valuable AI companies globally, according to Bloomberg. The Series D round was led by pension fund manager PSP Investments, with participation from Cisco Systems, Fujitsu, AMD Ventures, and EDC. Cohere’s valuation more than doubled after […]

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ForkLog 47 15.07.2024

A hundredfold in a century: storing gold on-chain

Gold has long been a haven in any economic weather, shielding investors’ cash from devaluation, inflation and market crashes. Its price rose during the dotcom crisis, amid global turmoil and during the pandemic, gaining 1,000% by 2024, by price. This article surveys the main ways to own gold, explains the value of tokenised precious metals […]

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ForkLog 35 11.07.2024

Cross purposes: which on‑chain indicators work—and which do not

On-chain analysis is what sets the cryptocurrency market apart from traditional finance, which does not allow vast, shifting datasets to be tracked in real time. A range of indicators offers structured blockchain data presented as charts. It can feel like a qualitatively new kind of analytics. But is it really? Oleg Cash Coin shares his […]

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ForkLog 24 25.06.2024

Hut 8 Secures $150 Million for AI Computing Infrastructure Expansion

Coatue Management invests $150 million in Hut 8 to develop AI computing infrastructure. Investor interest in bitcoin miners surged following Core Scientific’s HPC hosting deal. Mining company Hut 8 has finalized an agreement with a fund managed by Coatue Management, which will invest $150 million in the firm through convertible bonds. We are incredibly excited […]

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ForkLog 33 13.06.2024

Ukrainian Regulator Flags Crypto Projects with Registration Bonuses as Dubious

The NSSMC of Ukraine has added 14 investment projects to its list of unreliable ventures. Some of these target cryptocurrency holders. The projects deemed dubious include: Gerchik & Co Stocks; Finteria; Investizo; LiquidityX; ActivTrades; LCG; PaxForex; SFCRYPTO; BITDEER; AST MINING; ForexMart; Tradeview Financial Markets SAC; PO TRADE; Trust Capital. Specifically, Finteria promises additional income for […]

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ForkLog 67 05.06.2024

Fidelity Suggests Allocating 1–5% of Capital to Bitcoin

Most market participants should hold positions in Bitcoin, regardless of their beliefs, according to Matt Horn, head of digital asset strategies at Fidelity Investments, speaking on CNBC. The expert addressed the issue of analysis paralysis, which plagues many traditional investors and asset managers when it comes to cryptocurrency investments. “It’s challenging because many professionals can […]

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ForkLog 25 04.06.2024

Floki Sees Modest Uptick Following DWF Labs Investment Announcement

Market maker DWF Labs plans to acquire Floki (FLOKI) tokens worth $12 million. This was reported by CoinDesk, citing a developer of the meme token known as B. The investment is expected to provide additional liquidity for the project, which is preparing to launch a trading bot and a .floki domain name service. Later this […]

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