Top Crypto VC Says Ex-General Partner Made Undisclosed Side Deal With Portfolio Company
Polychain says Niraj Pant broke the fund’s policies by secretly accepting “adviser” tokens from Eclipse.
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Polychain says Niraj Pant broke the fund’s policies by secretly accepting “adviser” tokens from Eclipse.
Private equity firms are now looking at bitcoin miners in a much more different way after Core Scientific signed 200MW deal with CoreWeave in June, the company’s CEO said in an exclusive interview with CoinDesk.
The blockchain was paused early Wednesday to contain the exploit, with security researchers suspecting a private key leakage.
The project, founded in 2022, says it aims to incorporate AI into decentralized applications with its “on-chain AI oracle.”
The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.
Iris Energy is best positioned to take advantage of the HPC/AI opportunity, the report said.
The AI-linked token sector has risen 14% in the past 24 hours, data shows, outperforming other sectors.
Spikes in crypto-related Google search queries have historically occurred at major market tops, validating legendary investor Warren Buffet’s mantra of buying in doom and selling in boom.
Tokens of Render, Fetch.ai, SingularityNET and Bittensor slumped 3%-5% despite mostly flat bitcoin and broader crypto prices.
0G, a data availability network and modular artificial intelligence (AI) blockchain, has unveiled Testnet Newton v2, introducing stability fixes and … Continue reading
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