According to Odaily, monitoring data from Lookonchain reveals that BlackRock's IBIT has accumulated an additional 16,975 Bitcoins over the past week, equivalent to approximately $1.17 billion. This increase in holdings coincides with a more than 8% rise in Bitcoin's price during the same period.
Tron Network Approves Proposal To Adjust Total Energy To 180 Billion
According to Foresight News, the Tron Network has officially passed Proposal No. 97 on October 3 at 20:00 UTC+8. The proposal aims to adjust the total energy to 180 billion. Data from TRONSCAN indicates that the average daily energy consumption of the Tron Network over the past 30 days has reached 141.9 billion. Energy is a crucial resource within the Tron Network, utilized for executing smart contracts and transactions. Users can obtain energy by staking TRX, the native cryptocurrency of the Tron Network.
OpenAI Secures $4 Billion Credit Line With Major Banks According to Odaily, OpenAI has established a $4 billion revolving credit line with several major financial institutions. The participating banks include JPMorgan Chase, Citigroup, Goldman Sachs, Morgan Stanley, Santander Bank, Wells Fargo, Sumitomo Mitsui Banking Corporation, UBS, and HSBC. This significant financial arrangement highlights the growing confidence and support from the banking sector towards OpenAI's initiatives. The credit line is expected to provide OpenAI with the necessary financial flexibility to continue its advancements in artificial intelligence and related technologies. The involvement of such prominent banks underscores the strategic importance of this partnership for both OpenAI and the financial institutions involved. The collaboration between OpenAI and these banks is seen as a pivotal move in the tech and finance sectors, potentially leading to further innovations and developments. The $4 billion credit line will likely play a crucial role in enabling OpenAI to scale its operations and invest in new projects, thereby maintaining its competitive edge in the rapidly evolving AI landscape.