DOG

Volcano Mining Machine has reached a strategic cooperation with DogePower to strongly combine and expand the Dogecoin ecosystem

ChainCatcher news, according to official sources, DogePower has officially announced a partnership with Volcano Miner, and both parties will jointly promote the ecological development of Dogecoin (DOGE). This collaboration will fully leverage Volcano Miner's technological advantages in global chip innovation, as well as DogePower's deep accumulation in the full industry chain computing power ecosystem, to explore more possibilities for Dogecoin.Strong Alliance to Promote the Upgrade of Dogecoin's Computing Power EcosystemVolcano Miner, as a global leader in chip innovation, has long focused on the research and development of high-performance computing technology, dedicated to providing efficient computing power equipment for blockchain, cloud computing, and big data fields. Its high-performance mining machines not only set industry benchmarks in terms of performance but also play an important role in creating sustainable long-term value for investors and promoting the development of the digital economy.DogePower, on the other hand, is a full industry chain computing power service provider focused on Dogecoin mining, covering mining machines, mining pools, and cloud computing services, aiming to create a complete closed-loop DOGE mining ecosystem. Its cloud computing platform offers "zero-threshold" mining services and enhances returns by 30%-50% through a DOGE + auxiliary coin (such as LTC) joint mining model. In addition, DogePower is also at the forefront of the industry in terms of mining site compliance and computing power transparency, providing users with an efficient and secure mining experience.Technological Empowerment to Help Users Easily Participate in the DOGE EcosystemThe achievement of this cooperation will further enhance the sustainable development capability of the Dogecoin mining ecosystem. DogePower has expanded a broader user market for Volcano Miner, while Volcano Miner provides stronger support for DogePower's computing power network through advanced hardware technology. Both parties will jointly explore more innovative applications to improve the computing power efficiency and ecological stability of the Dogecoin network, allowing more users to conveniently and safely participate in the construction of the Dogecoin ecosystem.In the future, both parties plan to deepen cooperation, further connect and aggregate users, share user systems and technological resources, and jointly promote the diversified development of the Dogecoin ecosystem with efficient computing power and comprehensive mining solutions.

Dogwifhat has abandoned its plan to advertise at the Sphere venue in Las Vegas, and the team is refunding nearly $700,000

ChainCatcher news, according to Decrypt, the organizers of Dogwifhat have abandoned their plan to advertise at the Las Vegas Sphere. Previously, the project raised nearly $700,000 in cryptocurrency for fundraising, but it ultimately failed after more than a year. In late January of this year, the official X account of the token hinted that "the dog with a hat" would appear on the exterior of the venue in the first quarter of 2025. Late Monday night, organizer GamesMasterFlex (also known as Edward) announced on the X platform the termination of the Dogwifhat advertising plan, with refunds to donors starting as early as Tuesday; this statement was retweeted by the token's official X account.Edward had claimed that the team had reached an agreement with a "fashion brand partner" to display the Dogwifhat logo at the venue, and the relevant news from the token's official X account was initially confirmed and then retracted, ultimately only hinting that the dog image would appear on the exterior of the sphere in the first quarter of 2025. However, days later, a spokesperson for the venue denied that any agreement had been signed, stating that they only accept advertisements related to cryptocurrency exchanges and Bitcoin, and had never made a deal with Dogwifhat, nor do they have any plans for display now or in the future, expressing outrage at the misuse of their name for fraud. Edward stated that this announcement "scared off" the fashion brand partner, as the company's concerns about the venue's statements regarding "outrage" and "fraudulent intent" were significant. After the official denial, the token WIF plummeted 18% the next day, and Edward indicated that this caused the partner to be wary of the advertisement or its impact on the token's price, raising concerns from the SEC, ultimately leading to the collapse of the collaboration.
2025-04-02
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