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AMD Enhances AI Algorithm Efficiency with Innovative Depth Pruning Method

AMD Enhances AI Algorithm Efficiency with Innovative Depth Pruning Method

AMD introduces a new depth pruning method for AI models, optimizing CNN and Vision Transformer performance.

Xpring Invests in Towo Labs To Develop Software for XRP Hardware Wallet

Xpring Invests in Towo Labs To Develop Software for XRP Hardware Wallet

Xpring, Ripple’s investment arm and tech incubator announced in a recent report that it has invested in Towo Labs, a Swedish cryptocurrency self-custody startup, to develop a software that will support XRP on a hardware wallet.

Coronavirus Measures in China Delay Crypto Hardware for MicroBT and Bitmain Customers

Coronavirus Measures in China Delay Crypto Hardware for MicroBT and Bitmain Customers

The coronavirus is causing mass disruption throughout Asia and has now been declared a ‘global health emergency’ by the World Health Organisation. The Chinese government have taken drastic isolation measures and over 40 million people are effectively on lockdown. Two major crypto hardware manufacturers have been having difficulties servicing clients from their bases in China.

China's Inner Mongolia to Shut Down Bitcoin Mining Operations Due to Energy Efficiency Concerns

China's Inner Mongolia to Shut Down Bitcoin Mining Operations Due to Energy Efficiency Concerns

A major Bitcoin mining hub in China, Inner Mongolia will be shutting down its extensive mining operations by April of this year.

Thai Government Announces Blockchain Technology Adoption in Finance Agencies to Enhance Work Efficiency

Thai Government Announces Blockchain Technology Adoption in Finance Agencies to Enhance Work Efficiency

The Thai government has remained visible as one of the leading governments committed to adopting blockchain technology. Many innovations concerning blockchain use cases can be learned from the government.

Yearn.finance Founder Andre Cronje Introduces New DeFi Protocol Deriswap for Capital Efficiency

Yearn.finance Founder Andre Cronje Introduces New DeFi Protocol Deriswap for Capital Efficiency

Another project has been introduced by Yearn.finance’s founder, Andre Cronje. The new decentralized finance (DeFi) protocol unveiled by Cronje, is Deriswap.

Ledger Hacker Dumps Hardware Wallet Users’ Personal Info on Public Server

Ledger Hacker Dumps Hardware Wallet Users’ Personal Info on Public Server

Ledger, the leading cold wallet manufacturing company, appears to be reaping the consequences of an earlier hack that compromised its clientele base.

Bitmain Launches Cheaper Mining Machines After Bitcoin Halving and Losing Market Share to MicroBT

Bitmain Launches Cheaper Mining Machines After Bitcoin Halving and Losing Market Share to MicroBT

Bitmain has launched a cheaper version of a Bitcoin mining machine, Antminer T19, compared to its more pricy predecessor Antminer S19. Bitmain has been losing its market share to its rival, MicroBT, which launched its M30S++ Bitcoin miner in April this year. The Antminer T19 has a hashrate/ mining power of 84 terahash per second (TH/s), and power efficiency of 37.5 joules per terahash (J/TH). The price of this new mining machine is around $1750, while the S19 costs around $1785.

Cardano’s Charles Hoskinson Introduces New Feature to Enable Partial Staking in Multiple Stake Pools

Cardano’s Charles Hoskinson Introduces New Feature to Enable Partial Staking in Multiple Stake Pools

IOHK CEO Charles Hoskinson recently introduced Cardano’s delegation portfolios and hardware updates for Cardano in a recent YouTube video.

MoneyGram CEO Praises Ripple XRP for Providing Speed and Efficiency for Cross-Border Payments

MoneyGram CEO Praises Ripple XRP for Providing Speed and Efficiency for Cross-Border Payments

MoneyGram CEO Alex Holmes praised Ripple for the innovation it was providing to the blockchain and cryptocurrency space.

Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO

Chinese Bitcoin Mining Giant Canaan Files for $400m US IPO

One of China’s largest bitcoin mining hardware makers, Canaan Creative, publicly filed for a U.S. IPO on Monday, The Block Reports.

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

COVID-19 Hits Canadian Crypto Mining Firm Bitfarms, Forced to Lay Off Staff to Maintain Cost Efficiency

Publicly-listed Canadian crypto mining form Bitfarms has temporarily reduced employees because of the social and economic challenges caused by the coronavirus outbreak.

Blockchain Devices Market to Grow by $1.285 Billion by 2024

Blockchain Devices Market to Grow by $1.285 Billion by 2024

Recent research by MarketsandMarkets shows a CAGR of 42.5% for blockchain devices market by 2024. The study was filtered through their report, “Blockchain Devices Market by Type (Blockchain Smartphones, Crypto Hardware Wallets, Crypto ATMs, POS Devices, & Others), Connectivity (Wired & Wireless), Application (Personal & Corporate), and Geography - Global Forecast to 2024.”

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