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At the end of May, GPU giant Nvidia reported blockbuster sales numbers that reflected the company's massive new demand for the chips that power artificial intelligence (AI) applications. The news ...
One of its best know firms, FTX, had collapsed with $8bn (£6.3bn) of customer funds unaccounted for. In March of 2024, the company's co-founder Sam Bankman-Fried received a 25-year jail sentence ...
Solana now ranks among the top five cryptocurrencies in terms of market cap, and in terms of performance, it's been keeping pace with Bitcoin this year. For the year, Bitcoin is up 143%, while ...
Cryptocurrencies are generally viewed as a distinct asset class in practice. [7] [8] [9] The first cryptocurrency was bitcoin, which was first released as open-source software in 2009. As of June 2023, there were more than 25,000 other cryptocurrencies in the marketplace, of which more than 40 had a market capitalization exceeding $1 billion. [10]
Since the creation of bitcoin in 2009, the number of new cryptocurrencies has expanded rapidly. [1] The UK's Financial Conduct Authority estimated there were over 20,000 different cryptocurrencies by the start of 2023, although many of these were no longer traded and would never grow to a significant size. [2]
Tron (stylized as TRON) is a decentralized, proof-of-stake blockchain with smart contract functionality. The cryptocurrency native to the blockchain is known as Tronix (TRX). It was founded in March 2014 by Justin Sun and since 2017 has been overseen and supervised by the TRON Foundation, a non-profit organization in Singapore, established in the same year.
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