ChainCatcher news, according to PR Newswire, Nasdaq-listed company BTC Digital Ltd. announced that it has signed an agreement with Asian digital asset management consulting firm Recte Technologies Company Limited and Asian cryptocurrency mining fund ASIA INVESTMENT FUND SP2 to provide a total of 1,100 Bitcoin mining machines for hosting services, including ANTMINER T21 and ANTMINER L7 models. BTC Digital will be responsible for the deployment of these devices in the United States, providing hosting, management, and other services.

ChainCatcher news, Bitcoin mining hosting and cloud service company Applied Digital plans to raise $375 million through a private placement of convertible notes. The notes have an annual interest rate of 2.75% and will mature in 2030, with initial purchasers also able to buy an additional $75 million. The company plans to use part of the funds for capped options trading to hedge against shareholder dilution risk and to invest approximately $84 million in stock buybacks.Applied Digital does not directly participate in Bitcoin mining but provides data center hosting services for other companies. Its latest quarterly report shows that out of $60.7 million in revenue, $34.8 million came from Bitcoin mining hosting services, while the remaining 43% came from cloud services.

ChainCatcher news, the cryptocurrency mining company Bitfarms has signed a second hosting agreement with the American Stronghold Digital Mining to expand its operations at its facility in Pennsylvania. The initial terms of the agreement will expire on December 31, 2025, after which it will automatically renew annually. Additionally, Bitfarms will pay Stronghold 50% of the miner profits each month.Bitfarms CEO Ben Gagnon stated that the 20,000 miners on site will enhance efficiency and continue to improve the overall efficiency of the company. Previously, Bitmain signed the first hosting agreement with Stronghold in September, when it added an initial 10,000 miners to its Panther Creek facility in Pennsylvania. (Cointelegraph)

ChainCatcher news, AIA Chain recently announced the launch of the first Community Hackathon for AIA Chain on the developer education and hackathon platform HackQuest. The hackathon features 3 tracks with a total prize pool of 15,000 USD, including Consumer App, Meme, and GameFi.The hackathon will run from September 30 to October 30, with an online Demo Day scheduled for November 9. Winning projects will have the opportunity to receive subsequent incubation support from AIA Chain, and AIA Chain will hold community developer workshops in locations such as India and Singapore to support more developers entering the AIA Chain ecosystem.According to Rootdata information, AIA Chain is a programmable smart contract blockchain compatible with the Ethereum Virtual Machine (EVM). The AIA Smart Chain retains Ethereum's fast execution times, low transaction fees, and high security, while adding smart contract functionality to support compatible DApps. The native token of AIA Chain is AIA (Native Token), which utilizes the APoS consensus mechanism.

ChainCatcher news, the encrypted front-end hosting solution EarthFast announced the completion of a $1.4 million Pre-Seed funding round, led by TheGP and Nascent, with participation from Bodhi Ventures, Infinex founder Kain Warwick, and Audius co-founder Roneil Rumburg.According to reports, EarthFast was initially launched in 2022 as a community project called Armada Network. EarthFast's first product is a front-end hosting solution that allows projects to transfer the responsibility of updating and deploying websites to a DAO, governance contract, or any other on-chain entity.

ChainCatcher news, according to Cointelegraph, Bitcoin mining company Bitfarms announced a hosting agreement with Stronghold Digital Mining to add 10,000 Bitmain T21 mining machines to its Panther Creek mining facility in Pennsylvania, with operations set to begin on October 1, 2024, which will increase Bitfarms' hash rate by 2.2 EH/s.It is reported that Bitfarms will pay Stronghold a fee equivalent to 50% of the profits generated by the miners, which will be renewed annually according to the terms of the hosting agreement until either party decides not to renew the contract.

ChainCatcher Message: ChainCatcher, in collaboration with Web3, will host an AMA event titled "$DOGS After the Meme New Password" on August 28 at 7:30 PM UTC+8 (HK) in the dappOS Discord voice channel. Guests such as Biteye, Kiloex, and RootData will be invited to discuss the new trends in the meme market after $DOGS.Additionally, during the AMA event, 5 sets of "Black Myth: Wukong" (Deluxe Edition) will be drawn as prizes.To ensure smooth participation, please join the dappOS Discord server in advance and enter the voice channel on time.For the event link, please click: https://discord.com/invite/3Hf5n8ReHQ

ChainCatcher news, according to Cointelegraph, the Web3 universal data indexing framework SubQuery showcased the next-generation capabilities of its decentralized network—decentralized artificial intelligence (AI) inference hosting—at the Berlin Web3 Summit. SubQuery's Chief Operating Officer James Bayly demonstrated the performance of the latest open-source LLama model running on SubQuery's internal test network.

ChainCatcher news, according to Coindesk, the cryptocurrency custody platform Zenrock (formerly Qredo) has launched an innovative decentralized custody solution aimed at alleviating user concerns about DeFi security and accelerating industry development. Zenrock utilizes decentralized multi-party computation (MPC) wallet technology to eliminate single points of failure by splitting and distributing private keys among multiple parties.The Zenrock platform is currently in the testnet phase and is expected to officially launch within the year. On August 19, Zenrock introduced the decentralized wrapped Bitcoin token zenBTC, further expanding its product line.It is reported that the project has the support of 10T Holdings, 1RoundTable Partners, Spartan Group, and Maven 11. Tapiero emphasized that Zenrock is the first project to apply traditional private equity practices to the digital asset space, and more traditional financial institutions are expected to follow this model in the future.

ChainCatcher news, Bitcoin mining company Core Scientific (CORZ) stated in a statement that it has exercised an option in a previous contract to host approximately 112 megawatts (MW) of additional GPUs for "artificial intelligence super-scale" company CoreWeave.The new contract will take effect in the first half of 2026 and is expected to generate approximately $2 billion in additional revenue, bringing total revenue to $6.7 billion. The statement added that CoreWeave will bear all capital investment costs required to prepare Core Scientific's existing mining infrastructure for HPC.Core Scientific's stock surged 17% on Tuesday, outperforming other cryptocurrency-related stocks.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, the Render Network custody contract address transferred 2.066 million RNDR (approximately 13 million USD) to the market maker GSR Markets address 30 minutes ago.Since January 10, the Render Network custody contract address has transferred a total of 10.16 million RNDR to GSR at an average price of 7.95 USD.

ChainCatcher news, according to Cointelegraph, Sui has partnered with the custody service provider Copper to enhance its appeal to institutional funds.Greg Siourounis, Managing Director of the Sui Foundation, stated that it will launch new staking custody features and other decentralized finance functionalities to provide more options for clients issuing stablecoins and RWAs.

ChainCatcher news, ChainCatcher in collaboration with RootData will host an offline summit themed "Web3 Insight Summit" at the Renaissance Hotel in Hong Kong on April 5th.With Bitcoin recently hitting new highs, Web3 has once again become the focus, and people are starting to think about more possibilities beyond the wealth effect. How will Web3 develop in the next three to five years? This summit aims to gather senior professionals from the global Web3 community to share industry insights and help Web3 move towards the mainstream.Registration link

Chaincatcher news, InsFi is hosting a New Year event in collaboration with partners such as Coin98, Avalanche, and Ave.ai. The event will take place from 9 PM on January 22 to 9 PM on February 2. The activities include rewards for active users, a promotion contest, and a meme contest, where participants have the chance to win generous prizes and bonuses. This collaboration significantly enhances InsFi's brand visibility in the Southeast Asian market and supports its layout and ecosystem development in the Vietnamese market.Regarding the InsFi protocol, it is the first on-chain asset yield aggregation protocol for inscribed assets, providing unique on-chain financial strategies for managing inscribed series assets. By utilizing advanced decentralized strategies, it allows investors to earn stable, long-term returns by staking InsFi whitelist inscribed assets while enhancing liquidity in the on-chain market.

ChainCatcher news, according to The Block, two insiders revealed that there has been an increase in departures at Qredo in recent weeks as the cryptocurrency custody company intensifies efforts to enhance the value of its equity business and create utility for its tokens. Sources say that Qredo requested one of its founding team members, Benjamin Whitby, to leave; his most recent position was Vice President of Strategic Partnerships.Whitby confirmed his departure to The Block, stating, "I’m sad to be asked to leave," and that he "would absolutely go back" if invited. Whitby remains a shareholder of Qredo, having "invested from day one." Additionally, Dan Burke, Qredo's head of Asia-Pacific, resigned to seek other opportunities. Burke confirmed his departure, stating that his last working day at Qredo was January 26, and that Dae Lee, Qredo's Asia-Pacific Sales Director, will take over his role.Qredo asked Vice President of Marketing and Operations Luis Vaello to sign a new contract. However, sources say Vaello declined and joined the Qredo Foundation, which is dedicated to enhancing the value of the QRDO token. Vaello confirmed his departure and new role, stating that he is now focused on helping Qredo Network transition to the next phase called Fusionchain.

ChainCatcher news, the Ethereum staking infrastructure ssv.network has launched the node hosting and staking platform Allnodes, which will jointly provide scalable and decentralized staking services.

ChainCatcher news, Bitget announced that it will co-host the Web3 Hub Davos 2024 with CV Labs. The event will take place in Davos from January 15 to January 18. This event will explore topics such as financial inclusivity, gender equality, and the power of Web3 technology.In addition, Bitget's General Manager Gracy Chen stated, "As blockchain technology transforms various industries and cryptocurrency becomes mainstream, the discussions between traditional finance and innovative finance hold broader significance. We are honored to co-host this exchange of ideas and promote innovative finance through a more inclusive approach."

ChainCatcher news, according to Crowdfund Insider, the Abu Dhabi-based cryptocurrency custody service company Changer.ae has obtained a cryptocurrency custody service operating license issued by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA).It is reported that Changer.ae offers subscription-based services for storing virtual assets and plans to expand its product range in early Q1 2024, including converting virtual assets into fiat currency and custody arrangements with undisclosed banking partners.