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Quick Take Ahmad Shadid, CEO of Solana-based decentralized compute provider io.net, explained on X how the protocol has been working to expel users from the network who spoofed GPUs in order to farm io.net rewards. Crypto investors had questioned the true numbers of GPUs available on io.net’s platform. Shadid called the attack a “painful lesson” and promised that it would not delay the launch of future releases or the $IO token.
DYDX has become the powerhouse of the layer-1 dYdX blockchain, enabling decentralized governance on the network.
BlackRock has announced that Moonpay’s top lawyer will join the board of BlackRock’s $IBIT spot Bitcoin ETF, one of the top contenders in the market.Haswell is also a member of the Core blockchain’s founding team.
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After the implementation of the comprehensive agreement between the US and Iran to fully reopen the Hormuz Strait, Iraq immediately requested the operators of its five major oil fields to increase production to pre-war levels, with a final goal of surpassing 3 million barrels per day.