Latest Aethir News

In recent developments within the cryptocurrency market, Bitcoin's dominance has seen a decline, as Ethereum and Bitcoin begin to reverse their trends. Notably, pro-crypto nominee Bessent has been selected for a position in the Treasury, indicating a potential shift towards more favorable policies for the crypto sector. Analysts like Van Eck predict that Bitcoin could reach $180,000 in this cycle, further fueling optimism among investors. Additionally, the Chicago Board Options Exchange (CBOE) is set to launch Bitcoin ETF-linked options in December, which could enhance market accessibility and liquidity. Meanwhile, the crypto community is facing challenges as the streaming platform PumpFun has come under fire for its content during live broadcasts. In a positive note for the industry, ZA Bank in Hong Kong has initiated crypto trading services, marking a significant step towards mainstream adoption in the region. Furthermore, Aethir has announced a $100 million investment in new crypto AI projects, showcasing the intersection of artificial intelligence and blockchain technology. This aligns with Salesforce CEO's vision of AI's future being dominated by agents. In other news, Cantor Fitzgerald has acquired a 5% stake in Tether, solidifying its position in the stablecoin market. However, Polymarket has decided to block French traders, reflecting ongoing regulatory challenges. The SEC commissioner is set to leave following Gensler's tenure, which may lead to changes in regulatory approaches. As the decentralized science (DeSci) movement draws parallels to early DeFi in 2019, the Monad project has rolled out its testnet, signaling continued innovation in the blockchain space.

Aethir is making significant strides in the blockchain space by integrating LayerZero to enhance its capabilities as a multichain AI and gaming ecosystem. This integration aims to bring the omnichain vision closer to reality, allowing for seamless interactions across different blockchain networks. Aethir’s native token, $ATH, will be available for testing on ZKSync, as announced on the platform's official X account. The integration with LayerZero will facilitate cross-chain operations, enabling users to move $ATH tokens effortlessly between various chains, thereby expanding the utility of the token within the ecosystem. The Aethir platform is built on a robust decentralized cloud infrastructure that supports AI and gaming applications. With over 43,000 high-quality GPUs, including more than 3,000 NVIDIA H100s, Aethir is well-equipped to handle complex AI computations. The network also features over 32,000 globally distributed Aethir Edge devices, enhancing its computational capabilities. The $ATH token plays a crucial role in this ecosystem, allowing stakeholders such as Aethir Checker Nodes, Edge device operators, and cloud hosts to participate in the network's growth and functionality. The collaboration with LayerZero will enable Aethir to transition to the Sophon ZK chain, enhancing its multichain capabilities and facilitating the execution of smart contracts across different blockchains. To further bolster its GPU cloud infrastructure, Aethir is also integrating Stargate’s omnichain liquidity protocol, which will simplify the exchange of $ATH tokens. This integration will provide access to unified liquidity pools, instant finality, and various staking and farming options. These advancements are designed to propel Aethir into a multichain future, ensuring that AI and gaming workloads can be accessed directly across multiple blockchain networks. As Aethir continues to innovate, it is set to play a pivotal role in the evolution of decentralized cloud solutions for the AI and gaming sectors.

Aethir has announced a strategic partnership with LayerZero, an interoperability protocol, aimed at enhancing the Aethir ecosystem with omnichain capabilities. This collaboration will enable Aethir to support its development on the Sophon ZK chain, allowing the $ATH token to function as an omnichain asset. As Aethir transitions to a multichain network infrastructure, it will facilitate the migration of its decentralized physical infrastructure network (DePIN) stack to the Sophon ZK chain, marking a significant step in its evolution. The $ATH token is positioned within Aethir's decentralized GPU cloud infrastructure, which is designed to serve as an enterprise-grade GPU-as-a-service provider, specifically tailored for artificial intelligence and gaming applications. This innovative approach not only enhances the utility of the $ATH token but also aligns with the growing demand for GPU resources in the AI sector. Aethir's commitment to providing high-performance computing solutions is further strengthened by this partnership with LayerZero, which will enhance interoperability across various blockchain networks. Aethir has successfully raised over $32 million for its ecosystem, with backing from prominent investors such as Framework Ventures, Merit Circle, Hashkey, Animoca Brands, Maelstrom, and Mirana Ventures. This financial support underscores the confidence in Aethir's vision and its potential to revolutionize the GPU cloud infrastructure landscape, particularly in the realms of AI and gaming. The partnership with LayerZero is expected to propel Aethir's growth and solidify its position in the competitive blockchain space.

Kraken, one of the leading cryptocurrency exchanges, is set to launch two new tokens on November 12, 2024, at 14:00 UTC: the Aethir native token (ATH) and the meme coin Apu Apustaja (APU). This announcement has generated significant excitement within the crypto community, particularly as Kraken prepares to add 17 new listings, including several meme coins. The Aethir token, which has recently seen a price increase of 17.14% in the past 24 hours, is currently trading at $0.07, reflecting a 12.29% rise since Kraken's announcement of its listing. The Aethir token, launched earlier this year on June 12, 2024, plays a crucial role in the Aethir DePIN stack, facilitating payments for GPU resources in AI and cloud gaming. With a market cap exceeding $280 million, Aethir aims to democratize access to GPU resources through its decentralized cloud infrastructure. In contrast, the Apu Apustaja meme coin, which started as an internet meme, has seen a slight decline of 3% in the past 24 hours, trading at $0.000982. Despite this, APU maintains a market cap of $326 million and a robust community following. The upcoming launch of ATH and APU on Kraken is a significant event for both tokens, as it provides them with increased visibility and trading opportunities. The Aethir token's recent performance, particularly its 54.41% increase over the past week, suggests that it may benefit from the ongoing Bitcoin rally, which has reached an all-time high of $89,604. As the crypto market continues to evolve, the success of these tokens will depend on their adoption and the overall market sentiment surrounding cryptocurrencies.

Manta Network has recently announced a strategic partnership with Aethir, a prominent decentralized cloud infrastructure provider. This collaboration aims to deliver high-performance GPU access to applications within the Manta Network ecosystem, significantly enhancing scalability and cost-efficiency. The partnership is particularly beneficial for resource-intensive applications in sectors such as artificial intelligence (AI) and gaming, where performance and cost are critical factors. By leveraging Aethir's capabilities, Manta Network seeks to optimize the performance of applications while reducing operational costs, making it an attractive option for developers. For developers building on the Manta Network, this partnership opens up new avenues for innovation. They can now utilize Aethir's DePIN stack, which provides scalable and affordable high-performance computational power. This is especially advantageous for applications that require intensive processing, allowing developers to access robust computing resources without incurring the high expenses typically associated with centralized cloud services. The ability to expedite research and development will enable faster market entry and innovation, ultimately enhancing the overall performance of applications within the Manta Network ecosystem. Aethir stands out as a pioneer in decentralized GPU-as-a-service platforms, specifically designed for AI and gaming applications. With a globally distributed network of over 43,000 GPUs, including more than 3,000 NVIDIA H100s, Aethir offers competitive pricing and exceptional computational resources. This decentralized approach minimizes latency and maximizes resource utilization, providing developers with an efficient and cost-effective solution for scaling their projects. Manta Network, recognized as the largest modular Layer 2 scaling solution on Ethereum, continues to attract significant investments and support, further solidifying its position in the web3 landscape.

In a significant development for the AI landscape, Aethir has partnered with GAIB and GMI Cloud to integrate H200 Tensor Core GPUs into their decentralized computing platforms. This collaboration aims to democratize access to high-performance GPU resources, making it easier and more cost-effective for developers and businesses worldwide to engage in AI and machine learning. Daniel Wang, CEO of Aethir, emphasized that this integration empowers the next generation of AI developers by providing them with the necessary tools to build, train, and deploy advanced models, regardless of their geographical or financial limitations. GAIB is introducing an innovative financial model that allows users to invest in GPU-backed assets, thereby generating rewards and yields. Kony, CEO of GAIB, highlighted that this model addresses the challenges associated with investing in illiquid compute assets and lowers the barriers to entry for potential investors. By transforming GPUs into liquid, tradeable yield-bearing assets, GAIB aims to unlock new investment opportunities and enhance market efficiency, ultimately contributing to the growth of the AI economy. GMI Cloud's role in this partnership focuses on optimizing the integration of the H200 GPUs, ensuring they deliver peak performance. Alex Yeh, founder and CEO of GMI Cloud, stated that their mission is to support humanity's AI ambitions by providing an efficient, on-demand GPU cloud. This collaboration not only enhances computational capabilities for enterprises and developers but also drives innovation in AI applications. The H200 GPUs, built on the Hopper architecture, promise significant improvements in memory, bandwidth, and efficiency, further solidifying the foundation for the AI era. Additionally, Aethir's recent launch of the Aethir Catalyst program, which allocates $100 million to AI and gaming startups, underscores their commitment to fostering innovation in this space.

Aethir, a decentralized GPU-as-a-service provider, has announced a strategic partnership with GMI Cloud and GAIB to enhance its AI computing capabilities. This collaboration will introduce H200 Tensor Core GPUs into Aethir's decentralized computing ecosystem, aimed at supporting AI developers globally. The integration of these advanced GPUs is designed to optimize professional-grade AI computations, making it easier for developers to build, train, and deploy sophisticated models. Daniel Wang, CEO of Aethir, emphasized that this initiative will empower the next generation of AI developers with essential tools for efficient development. In recent months, Aethir has been actively pursuing partnerships and initiatives to bolster its hardware capabilities. Notably, in September, the company collaborated with Filecoin to provide decentralized infrastructure solutions for international AI developers. Furthermore, in October, Aethir launched a $100 million Ecosystem Fund aimed at supporting AI-focused cloud gaming developers, offering grants and incentives to utilize its GPU resources. This reflects Aethir's commitment to channeling its hardware capabilities into the burgeoning field of AI development. The partnership with GMI Cloud and GAIB marks a significant step in Aethir's mission to revolutionize AI development. By making H200 Tensor Core GPUs available, the collaboration seeks to facilitate innovative AI solutions on a global scale. GMI Cloud's CEO, Alex Yeh, highlighted that this initiative is not merely about building a cloud service but creating the foundational infrastructure for the AI era. The optimism surrounding this partnership underscores the potential impact of these advanced GPUs in driving AI innovation and enhancing the capabilities of developers and data scientists worldwide.

Arthur Hayes, the founder of BitMEX, has recently made headlines in the cryptocurrency world by acquiring a substantial amount of Aethir (ATH) tokens. He purchased 116.6 million ATH tokens, valued at approximately $7.62 million, at an average price of $0.065 each. This acquisition follows his earlier decision in September to liquidate his holdings in Pendle ($PENDLE), raising questions about his current investment strategy and market outlook for ATH. In a notable move, just an hour ago, Hayes transferred 41 million ATH tokens worth around $2.18 million. Of these, 36 million tokens were sent to the Bybit exchange, while 5 million were directed to OKX. This offloading indicates a strategic decision by Hayes to reduce his exposure to ATH, reportedly at a loss of $2.2 million. Despite this transfer, he still retains a significant holding of 75.6 million ATH tokens, valued at approximately $4.16 million, reflecting a loss of around $1.22 million based on the current market price of $0.054. Aethir operates as a decentralized real-time rendering network, aiming to enhance cloud infrastructure and improve content accessibility within the Metaverse. The token currently boasts a market capitalization of $210 million and is part of the Decentralized Physical Infrastructure Networks (DePIN) sector. As the ATH market continues to fluctuate, it remains uncertain whether Hayes will maintain his current holdings or make further adjustments in the future. Investors are advised to conduct thorough research before making any investment decisions in the volatile cryptocurrency landscape.

Filecoin's ecosystem is witnessing significant growth, with over 60 teams actively developing innovative solutions across various sectors, including decentralized storage, artificial intelligence (AI), Decentralized Physical Infrastructure Networks (DePIN), and Web3 infrastructure. This expansion is not only enhancing the capabilities of Filecoin but also contributing to the broader evolution of Web3. The diverse projects being undertaken aim to transform data storage and digital infrastructure, positioning Filecoin as a key player in the decentralized sector. A notable advancement in this ecosystem is the Filecoin Virtual Machine (FVM), which enhances the functionality of smart contracts and programmable storage. This new capability is particularly beneficial for the AI and DePIN industries, where the demand for scalable solutions is growing. By allowing developers to create distributed applications that seamlessly integrate with Filecoin’s storage features, FVM is pushing the boundaries of decentralized computing. Additionally, the recent Fast Finality (F3) upgrade has drastically reduced the finalization time from 7.5 hours to just a few minutes, significantly improving the network's efficiency and responsiveness. Moreover, Filecoin's collaboration with Aethir addresses the critical issue of GPU resource scarcity in Web3. This partnership is expected to enhance Filecoin’s GPU power, thereby improving data processing capabilities and distributed storage strength. As a result, Filecoin is likely to gain a competitive edge in the AI and Web3 ecosystems. Currently, Filecoin's native token, FIL, is trading at $3.69, reflecting a 5.03% increase over the past week, bringing its market cap closer to $2.2 billion. These developments indicate a promising future for Filecoin as it continues to innovate and expand its offerings in the decentralized landscape.

Decentralized Physical Infrastructure Networks (DePin) are making significant strides in the tech industry by facilitating decentralized projects that focus on real-world infrastructure. Recently, the DePin sector has seen notable developments, including the listing of the GRASS token on OKX's pre-market futures platform. This allows users to trade USDT-margined futures on the GRASS token, which is the native asset of the Grass project. The futures went live on October 14, 2024, enabling users to monetize unused bandwidth by selling it to vetted companies, thereby creating a fairer marketplace for proxy services. Additionally, the Grass Foundation is set to release a checker for its highly anticipated “Airdrop One” on October 21, 2024, marking it as potentially the most widely distributed airdrop in crypto history. In another significant move, Aethir, a decentralized GPU-as-a-service network, announced the launch of a $100 million Ecosystem Fund aimed at fostering AI and cloud gaming initiatives. A substantial portion of this fund will be directed towards the Aethir Catalyst program, which offers grants ranging from $5,000 to $200,000 to emerging developers. This initiative not only provides financial backing but also grants access to Aethir's extensive GPU resources, enabling developers to create decentralized cloud-based games and integrate AI solutions. Aethir's strategic investment in this area reflects its commitment to enhancing its presence in the rapidly growing cloud gaming and AI sectors. Analytics platform LunarCrush has also highlighted the top DePIN projects based on social media mentions, with Bittensor (TAO) leading the pack with 10,880 mentions, indicating a surge in community interest. MultiversX (EGLD) and ICP (Internet Computer Protocol) followed, showcasing their growing presence in the decentralized infrastructure space. While DePIN is still evolving and faces challenges, it plays a crucial role in bridging the gap between synthetic and real-world assets, thereby supporting traditional infrastructure in areas where conventional models fall short.