Solv brings RWA-backed Bitcoin yield to Avalanche blockchain

Solv Protocol has launched a yield-bearing Bitcoin token on the Avalanche blockchain, giving institutional investors more exposure to yield opportunities backed by real-world assets, or RWAs. On May 16, the protocol unveiled SolvBTC.AVAX, a token that connects Bitcoin (BTC) to real-world assets like US Treasurys and private credit offered by BlackRock and Hamilton Lane.  The … Read more

Altcoins are on the verge of ‘most powerful rally’ since 2017 — Analyst

Key takeaways: The total altcoin market cap (excluding ETH) gained $126 billion in Q2, fueling speculation of an altseason. The altcoin market cap, excluding Ether (ETH), has added $126 billion in Q2, sparking enthusiasm from analysts who have been waiting for an altseason. Crypto analyst Javon Marks noted a breakout that could rival the explosive … Read more

Meet The Women In Tech: Saaniya Chugh and Managing the Ever-changing Tech Culture

Tell us about yourself! Hello to my HackerNoon Family… I am Saaniya Chugh, and I’ve spent the last decade within the ServiceNow ecosystem, building, optimizing, and transforming workflows and solutions-most recently as a Senior Technical Consultant at ServiceNow Canada. But titles aside, my work has mostly revolved around designing and implementing the ServiceNow platform in … Read more

Alchemy Acquires Solana Developer DexterLab for Undisclosed Sum

Blockchain development platform Alchemy said it has acquired Solana developer DexterLab for an undisclosed fee. The acquisition will accelerate the development of Solana-based Web3 applications to meet growing enterprise demand, Alchemy said in an emailed announcement on Friday. DexterLab’s technology has previously powered the Solana development of Google and the Solana Foundation, establishing itself as … Read more

AI startup Cohere acquires Ottogrid, a platform for conducting market research

AI startup Cohere has acquired Ottogrid, a Vancouver-based platform that develops enterprise tools for automating certain kinds of high-level market research. Sully Omar, one of the founders of Ottogrid, announced the deal Friday in a post on X. He didn’t disclose the terms. Ottogrid will sunset its product, according to Omar, but will give customers … Read more

Nintendo details Switch 2 updates for Switch games

Nintendo announced last month that it would be updating a handful of Switch games to run better on the Switch 2, and now some details about the planned improvements are available on its website. The improvements vary per game, but they include things like optimizing visuals for the Switch 2’s larger screen, better framerates, HDR … Read more

Galaxy Digital lists on Nasdaq, seeks to tokenize shares — Reports

Galaxy Digital shares began trading on the Nasdaq stock exchange May 16, completing a years-long process that CEO Mike Novogratz called unfair and infuriating, CNBC reported. The crypto and infrastructure company, which is also listed in Canada, opened trading at $23.50 in its Nasdaq debut. Trading began on the same day Galaxy disclosed that it … Read more

Crypto Miners Soar on OpenAI-CoreWeave Deal; Galaxy Jumps in Nasdaq Debut

While cryptocurrencies put in a flattish performance on Friday with bitcoin BTC churning around $104,000, crypto-related stocks were having a moment to shine. Crypto mining and data center firms such as Cipher Mining (CIFR), Hive Digital (HIVE), Hut 8 (HUT) and TeraWulf (WULF) booked 10%-20% gains on optimism about artificial intelligence (AI) computing demand, jolted … Read more

Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M — Time for BTC to rally?

Key takeaways: Bitfinex margin longs fell 18%, despite Bitcoin price rising 24% in 30 days. $6.8 billion in long positions far outweight the current $25 million in shorts. Bitcoin options positioning and spot BTC inflows point to confidence from institutional investors. Bitcoin (BTC) price climbed 23.7% over the past 30 days, yet traders on Bitfinex … Read more

The 5 Building Blocks of Spatial Digital Twins

Table of Links Abstract and 1 Introduction 1.1. Spatial Digital Twins (SDTs) 1.2. Applications 1.3. Different Components of SDTs 1.4. Scope of This Work and Contributions 2. Related Work and 2.1. Digital Twins and Variants 2.2. Spatial Digital Twin Case Studies 3. Building Blocks of Spatial Digital Twins and 3.1. Data Acquisition and Processing 3.2. … Read more