Cryptocurrency Live News & Updates : Optalysys Launches Innovative Blockchain Server
17 Jun 2025 | 01:55:10 AM IST
Optalysys has unveiled a groundbreaking server for blockchains that processes data securely without decryption, using 40% less energy than traditional GPU systems. In recent developments, Optalysys has introduced the LightLocker node, touted as the world's first server designed for blockchain applications that utilizes Fully Homomorphic Encryption (FHE). This innovation promises to enhance secure computing while significantly reducing energy consumption. Meanwhile, H100 Group is making strides in the cryptocurrency space, aiming to raise up to $79 million to bolster its bitcoin investment strategy, with Blockstream CEO Adam Back already contributing $15 million. In a notable shift, JPMorgan Chase has filed a trademark for its crypto platform, JPMD, indicating a deeper commitment to digital assets, despite CEO Jamie Dimon's previous skepticism. Additionally, Binance is actively engaging its community with the launch of its 24th Exclusive Token Generation Event featuring Bombie (BOMB) and a new two-phase claiming system for its Alpha Airdrops, set to begin on June 19, 2025. These developments reflect a growing trend of traditional finance embracing cryptocurrency, while innovative startups continue to push the boundaries of blockchain technology. Show more
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
a day ago
- Time of India
Cryptocurrency Live News & Updates : The Smarter Web Company Secures $37.1 Million for Bitcoin
17 Jun 2025 | 03:05:12 AM IST Bitcoin climbed 3.1% to $108,600, approaching its all-time high, driven by positive news from JPMorgan and the upcoming launch of Purpose's ETF, while XRP also saw gains. Bitcoin's recent surge to $108,600, a 3.1% increase, is attributed to favorable developments in the crypto space, including JPMorgan's trademark application for a digital asset platform and Purpose's upcoming XRP ETF launch. Meanwhile, traditional markets showed renewed risk appetite, with notable gains in crypto stocks like Coinbase and Circle. Optalysys, a UK startup, introduced a blockchain server utilizing Fully Homomorphic Encryption, promising more efficient and secure processing of encrypted data. H100 Group is also making headlines, targeting a $79 million raise to bolster its bitcoin strategy, with Blockstream CEO Adam Back already contributing $15 million. Lastly, JPMorgan's deeper foray into digital assets reflects a significant shift in Wall Street's attitude towards cryptocurrencies, as the bank prepares to offer various digital asset services. Collectively, these developments highlight a growing institutional interest in the crypto market, setting the stage for potential future growth. Show more
Economic Times
a day ago
- Economic Times
Cryptocurrency Live News & Updates : Optalysys Launches Innovative Blockchain Server
17 Jun 2025 | 01:55:10 AM IST Optalysys has unveiled a groundbreaking server for blockchains that processes data securely without decryption, using 40% less energy than traditional GPU systems. In recent developments, Optalysys has introduced the LightLocker node, touted as the world's first server designed for blockchain applications that utilizes Fully Homomorphic Encryption (FHE). This innovation promises to enhance secure computing while significantly reducing energy consumption. Meanwhile, H100 Group is making strides in the cryptocurrency space, aiming to raise up to $79 million to bolster its bitcoin investment strategy, with Blockstream CEO Adam Back already contributing $15 million. In a notable shift, JPMorgan Chase has filed a trademark for its crypto platform, JPMD, indicating a deeper commitment to digital assets, despite CEO Jamie Dimon's previous skepticism. Additionally, Binance is actively engaging its community with the launch of its 24th Exclusive Token Generation Event featuring Bombie (BOMB) and a new two-phase claiming system for its Alpha Airdrops, set to begin on June 19, 2025. These developments reflect a growing trend of traditional finance embracing cryptocurrency, while innovative startups continue to push the boundaries of blockchain technology. Show more
Mint
3 days ago
- Mint
US immigration policies ‘not doing well,' warns Jamie Dimon, ‘people come here to be Americans'
JP Morgan Chase Chairman and CEO Jamie Dimon pointed out that the immigration policies of the United States have been unsuccessful, citing it as an example of American policies that have not performed well. 'We don't do mortgage policies well, we didn't do immigration policies well, we don't do affordable housing policies well…we don't teach work skills properly,' Dimon said. 'People come here to be Americans, and it's the natural thing, freedom of speech and freedom of enterprise and freedom,' he added. The JP Morgan Chase CEO made these comments during a conversation with Databricks CEO and Co-founder Ali Ghodsi at the Data AI Summit 2025 in San Francisco. Highlighting the importance of the United States for the rest of the world, Dimon said, 'America is indispensable. It's not indispensable because we're better. It's indispensable because (we have) the best military in the world, the most prosperous nation in the world, the best economy in the world, the best technology, the roots of that technology, the freedoms we have. It's what brought people here." He further added, "America's role is indispensable. That role is economic, it's military, it's education, it's allowing people to come here, want to stay here, like more merit-based, which we should be doing. That's the most important thing." Dimon noted that his grandparents immigrated from Greece and did not attend high school. His statement on immigration policies comes when the Donald Trump administration has initiated a major crackdown on foreigners living in the US, particularly illegal immigrants. While comparing China and the US, Dimon emphasised that American leadership is important to the health of the future free and democratic world.
