Bitcoin miner Bit Digital acquires $53M facility as AI, HPC push continues

Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business diversification strategy that includes strategic pivots into AI and high-performance computing.  Bit Digital agreed to buy the property for $53.2 million through Enovum Data Centers Corp., the company’s wholly owned Canadian subsidiary, regulatory filings show….

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ACEA and Eurelectric urge immediate grid upgrades for heavy-duty EV transition

ACEA and Eurelectric urge immediate grid upgrades for heavy-duty EV transition

The European Automobile Manufacturers’ Association (ACEA) and Eurelectric have issued a joint call for urgent reform and investment in Europe’s electricity grids to support the deployment of charging infrastructure for heavy-duty vehicles (HDVs). The appeal comes as the EU moves forward with plans to cut carbon emissions in the transport sector, requiring a substantial increase…

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Cash-based crypto can enable financial inclusion for billions

Opinion by: Alexander Guseff, founder and CEO of Tectum Crypto companies have spent years pushing digital wallets and exchange apps, convinced they’ll bring financial inclusion to the world. Here’s the reality: 1.4 billion people remain unbanked, and crypto adoption has barely exceeded 8%. For all the talk about decentralization and accessibility, the industry continues to…

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Bybit shuts down four more Web3 services after axing NFT marketplace

Bybit is shutting down more of its Web3 services after axing its non-fungible token (NFT) marketplace earlier in April. According to an April 16 announcement, the exchange is shutting down its Cloud Wallet (a hosted custodial wallet​), Keyless Wallet (non‑custodial multiparty computation wallet with no seed phrase​), NFT marketplace, multi‑chain decentralized exchange (DEX)​ DEX Pro and…

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