COIN OF THE DAY $PENGU #PudgyPenguins #crypto2024 #dyor | Phoenix Group on Binance Square

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COIN OF THE DAY

$PENGU  
#PudgyPenguins 

#crypto2024 #dyor  

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ChainOpera AI raises $17M in a Seed funding round #ChainOperaAI secures $17M in a Seed funding round co-led by Finality Capital, Road Capital and IDG Capital, with participation from Camford VC, ABCDE Capital, Amber Group, Modular Capital, Sparkle Ventures, AimTop Venture, Wisemont Capital, LDV Partners, Acequia Capital, PrimeSet, Plug and Play, Silicon Valley Future Capital and others. ChainOpera AI is a #Layer1 blockchain and protocol designed for the co-ownership and co-creation of decentralized #AI applications and agents. 👉 theblock.co/post/332347/chainopera-ai-raised-17-million-in-seed-funding-to-build-blockchain-l1-and-ai-os-for-ai-agents

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Injective unveils a partnership with Aethir #Injective partners with #Aethir , a decentralized #GPU cloud infrastructure, to launch a new initiative to tokenize GPU compute resources. This partnership aims to transform computing power into tradable tokens on Injective, offering developers, researchers and institutions more flexible and cost-efficient access to computational resources. The initiative tackles the inefficiencies in GPU procurement, a critical component for #AI development due to GPUs' capability to execute large-scale parallel computations rapidly. Injective is an open, interoperable #Layer1 blockchain powering DeFi applications, including decentralized spot and derivatives exchanges, prediction markets, lending protocols and more. 👉 x.com/injective/status/1872297035463856536

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BITCOIN HOLDINGS BY PUBLIC COMPANIES Public companies continue to expand their Bitcoin holdings, solidifying cryptocurrency's role in traditional financial markets. With industry leaders like #MicroStrategy holding substantial amounts, the total BTC reserved by these firms now surpasses an impressive 582,778 BTC, representing significant confidence in Bitcoin's long-term value. As the market matures, these holdings underscore the evolving relationship between traditional institutions and digital assets. #Bitcoin $BTC #Crypto #DigitalGold

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