Ogunjobi
-
Bitcoin Miner Hive Bets Big on Paraguay for Cheap, Clean Energy
Bitcoin mining company Hive Digital Technologies is putting forward a long-term play in Paraguay, betting on the country’s low-cost hydropower and stable business environment to fuel its growth. The company, which already operates in Canada and Sweden, recently acquired a 200-megawatt (MW) mining facility in Paraguay from rival Bitfarms for $56 million. The first phase,…
-
How to Bring More Women Into Crypto? Clarity, Education, and Community, Say Experts
During the Token2049 event, women in Web3 shared their vision of making crypto more inclusive at the Blockchain Baddies event, beginning with clear explanations, more educational material, and stronger, more supportive communities. The crypto industry is often seen as complex and intimidating, filled with technical jargon and high-profile scams. However, according to the panelists, the…
-
Visa Invests in BVNK Stablecoin Payment Platform
Visa is doubling down on digital assets, this time by investing in BVNK, a London-based start-up that is working on stablecoin payment infrastructure. The deal, made through Visa’s investment arm, Visa Ventures, shows the company’s growing confidence in blockchain-based payments, and stablecoins in particular, as the future of global finance. While the exact investment amount…
-
Aptos Exec Highlights Success of Hybrid “Web2.5” with Profit Surge
Aptos, the blockchain platform with roots in Meta, is seeing big wins with hybrid “Web2.5” applications that blend the ease of Web2 with the innovation of Web3. According to Ash Pampati, Aptos’ head of ecosystem, these platforms, which prioritize user-friendly experiences over full decentralization, are generating “tons of revenue,” especially in consumer-focused areas like fan…
-
Open AI Fixes ChatGPT Update After Excessive Flattery Backlash
OpenAI recently put out a new update to ChatGPT that made it overly flattering, agreeing with users even when their ideas were bad. The company has now rolled back the change, admitting it ignored warnings from its experts before launching the update. It all began when OpenAI modified the feedback system for ChatGPT. This caused…
-
Crypto Firms Unite to Challenge Big Tech’s AI Dominance with Open-Source Alternative
More than 70 crypto and Web3 companies including big names like Yuga Labs, Magic Eden, and Arbitrum are teaming up to push back against Big Tech’s growing control over artificial intelligence. The coalition is backing Thinkagents.ai, a new open-source protocol designed to let AI agents operate independently across decentralized networks, putting control back in users’…
-
Gala Games Shuts Down The Walking Dead NFT Game, Leaving Players Frustrated
Gala Games has broken the news that The Walking Dead: Empires which is their NFT-based survival game will officially shut down on July 31, 2025. As of that date, players will no longer have access to the game, leaving many who invested in expensive in-game NFTs disappointed. The game, inspired by the hit TV series,…
-
Blockchain’s Energy Paradox: Can Proof-of-Stake Save the Grid From AI’s Power Demands?
AI is consuming energy at a startling level. For example: data centers alone could account for 9% of U.S. electricity use by 2030, due to power-hungry AI training models like ChatGPT-4.4. However blockchain, once considered to have above-average mining energy use, is switching to proof-of-stake (PoS) systems like Ethereum, which reduced energy consumption by 99.988%.…
-
The Rise of Decentralized Identity: Enhancing Online Security with DIDs
Since 2020, centralized identity systems have been responsible for massive security breaches that singlehandedly exposed the sensitive data of over millions. Strikingly, security data breaches set a new record in 2024 as the number of breach alerts surpassed 1.3 billion. This marked a terrifying 211% year-over-year increase. With the average breach costing $4.8 million, it…
-
Can Tokenized Assets Make Investing More Inclusive?
Before now, investing in things like commercial real estate, fine art, or private equity was mostly for the rich and big institutions. The high entry cost, complex rules, and limited access made it hard for everyday people to get involved. However, something known as asset tokenization is poised to transform all this. By using blockchain…