Home > Quick > Body

MARA CEO: The current AI development environment is similar to the dotcom bubble of the 2000s

clock
2024-10-17 22:22:29
Fred Thiel, CEO of bitcoin miner MARA (formerly Marathon Digital), has warned that the current AI development environment is similar to the dotcom bubble of the 2000s, with many companies likely to overbuild their infrastructure in the face of insufficient demand.
Web3 Desktop Trading Tool
Stay ahead of the game in the cryptocurrency space.

7x24 Newsflash

12:33 2025-06-26
The number of Americans claiming unemployment benefits for the first time last week 236,000
The number of Americans filing for unemployment benefits for the first time last week 236,000, the market estimate was 243,000, and the previous value was 245,000.
12:30 2025-06-26
Crypto custodian Taurus has launched the first stablecoin contract with privacy features
Digital asset infrastructure firm Taurus (whose clients include Deutsche Bank and State Street) has launched the first private stablecoin contract for Financial Institution Groups and enterprises, aiming to address the concerns of users who are hesitant to use stablecoins due to privacy concerns. Built on the privacy-conscious Aztec Network (powered by a16z), the contract combines zero-knowledge privacy protection with compliance features designed with reference to the USDC model, including feat...
12:24 2025-06-26
Affected by YZi Labs' investment, IDOL rose by more than 20% in a short period of time.
The market shows that, influenced by the investment of YZi Labs, IDOL rose by more than 20% in a short time, reaching a maximum of $0.018, and is now reported at $0.0163.
12:18 2025-06-26
YZi Labs Announces Investment in Decentralized Entertainment Platform MEET48
YZi Labs announced its investment in decentralized entertainment platform MEET48 through the BNB chain MVB accelerator, supporting its $IDOL token mechanism to increase fan engagement.
12:02 2025-06-26
Binance: CESS token airdrop event delayed, specific date will be notified separately
According to official news, Binance announced that the CESS token airdrop is currently experiencing delays and is working to ensure that the event resumes, with a specific date to be announced.
12:02 2025-06-26
SAHARA opened at $0.149 and is now quoted at $0.13877
The market shows that SAHARA opened at $0.149 and is now quoted at $0.13877. The market fluctuates greatly. Please take good risk control.
11:50 2025-06-26
Caixin: Hong Kong tokenized ETFs will enjoy stamp duty exemption
According to Caixin, the Hong Kong Financial Services and the Treasury Bureau today released the "Hong Kong Digital Asset Development Policy Declaration 2.0", which states that the Hong Kong government will increase efforts to expand the tokenization scheme, promote a wider range of assets and financial instruments tokenization, and demonstrate the technology in different sectors, including precious metals (such as gold), non-ferrous metals, and renewable energy such as solar panels. All E...
11:08 2025-06-26
UK-listed company Vault Ventures bought around 400 ETH and 1.85 BTC.
British blockchain technology company Vault Ventures Plc (AQSE: VULT) announced that it invested 750,000 pounds (about $1.028 million) to buy 403.373 Ethereum (average price £1,810/ETH) and 150,000 pounds (about $205,000) to buy 1.85606 bitcoins (average price £78,407/BTC). After this purchase, the company holds a total of 437.843 ETH and 2.07606 BTC.
10:53 2025-06-26
Canadian listed company Bitcoin Treasury Capital bought 66 bitcoins
Bitcoin Treasury Capital, a Canadian-listed company, announced that it has acquired 66 bitcoins worth a total of about $7 million (about 66 million Swedish kronor), with an average price of about $105,270 per bitcoin. The company said the acquisition marks the official launch of its long-term reserve strategy.
10:28 2025-06-26
Binance: SAHARA token airdrop is currently experiencing delays and is working to resolve the issue
According to the official news, Binance issued a statement saying that the SAHARA token airdrop is currently experiencing delays. And is working to ensure that all eligible users receive their tokens as soon as possible.
10:01 2025-06-26
210 million USDT transferred from JustLendDAO to HTX
According to WhaleAlert, 210 million USDT were transferred from JustLendDAO to HTX at 17:54:45 Beijing time.
09:34 2025-06-26
The onshore and offshore RMB exchange rates rose above 7.16 to a new high in more than seven months against the US dollar
Today, the exchange rate of the RMB against the US dollar in the onshore and offshore markets rose above the 7.16 mark, the highest intraday rose to 7.1565, a new high since mid-November last year, 16:30, the spot exchange rate of the RMB against the US dollar closed at 7.1684, up 29 basis points from the previous trading day, the closing price also hit a new high since November 11, 2024, more reflecting the expectations of international investors The offshore RMB against the US dollar exchange ...