Auros

Eclipse Labs Announces $50M Series A Funding co-led by Placeholder and Hack VC

Retrieved on: 
Tuesday, March 12, 2024

Eclipse Labs , a software firm contributing to the development of the first Ethereum layer-2 using the Solana Virtual Machine (SVM), has raised $50M of Series A funding co-led by Placeholder and Hack VC, bringing the total capital raised to $65M.

Key Points: 
  • Eclipse Labs , a software firm contributing to the development of the first Ethereum layer-2 using the Solana Virtual Machine (SVM), has raised $50M of Series A funding co-led by Placeholder and Hack VC, bringing the total capital raised to $65M.
  • "Eclipse is built to be Ethereum's fastest layer-2, leveraging the best pieces of the modular stack available today," said Neel Somani, Founder of Eclipse Labs.
  • Eclipse integrates the high-performance SVM with the deep pools of liquidity on Ethereum, while maintaining the hard constraint of verifiability."
  • Eclipse Labs intends on sponsoring hackathons and accelerators, in addition to community-building events targeted toward users who interact with Eclipse Mainnet.

Bit Digital, Inc. Announces Third Quarter of Fiscal Year 2023 Financial Results

Retrieved on: 
Tuesday, November 14, 2023

The Company earned 403.1 bitcoins during the quarter, a 27% increase from the prior quarter.

Key Points: 
  • The Company earned 403.1 bitcoins during the quarter, a 27% increase from the prior quarter.
  • The Company paid approximately $0.060 per kilowatt hour to its hosting partners for electricity consumed during the quarter.
  • The Company's active hash rate of its bitcoin mining fleet was approximately 1.19 EH/s as of September 30, 2023.
  • Approximately 600 PH/s of miners went offline due to a power utility mandated maintenance outage began on September 26, 2023.

Douro Labs Launches and Joins Pyth Network as Core Contributor

Retrieved on: 
Tuesday, August 29, 2023

Douro Labs, a software development company dedicated to advancing the Pyth Network, officially launches today and is excited to be joining the network as the latest core contributor.

Key Points: 
  • Douro Labs, a software development company dedicated to advancing the Pyth Network, officially launches today and is excited to be joining the network as the latest core contributor.
  • The Pyth Network provides low-latency, high-fidelity, and tamper-resistant price data feeds directly to blockchains through a vast network of first-party data providers.
  • “We are thrilled to welcome Douro Labs as the newest contributor to the Pyth Network,” said Marc Tillement, Director at Pyth Data Association.
  • “We look forward to seeing how the talented team behind Douro Labs will add the tooling and infrastructure needed to make the Pyth Network a go-to market data solution.”
    To join the Pyth Network and become a data provider, please get in touch at pyth.network .

Shimza, Enzo Siffredi to Headline AFTER 2049, the Largest Formula One Grand Prix Pre-Weekend Party

Retrieved on: 
Friday, August 25, 2023

Headlined by award-winning DJ and producer Shimza, house icon Enzo Siffredi and Hong Kong’s Leon, Milam and Mo-Shi, AFTER 2049 takes place on Friday, 15 September as the largest Formula 1 Singapore Grand Prix pre-weekend party of the year.

Key Points: 
  • Headlined by award-winning DJ and producer Shimza, house icon Enzo Siffredi and Hong Kong’s Leon, Milam and Mo-Shi, AFTER 2049 takes place on Friday, 15 September as the largest Formula 1 Singapore Grand Prix pre-weekend party of the year.
  • Raphael Strauch, Founder of TOKEN2049 said: “We are thrilled to once again be hosting AFTER 2049 at the iconic Marina Bay Sands rooftop.
  • TOKEN2049 Singapore marks the conference’s largest edition ever with over 10,000 attendees, which runs from 13 to 14 September 2023, ahead of the Singapore Grand Prix race weekend.
  • To purchase tickets for AFTER 2049, please visit: https://ra.co/events/1748896
    For more information and continued updates on TOKEN2049 Singapore, please visit: https://www.asia.token2049.com/ .

Bit Digital, Inc. Announces Second Quarter of Fiscal Year 2023 Financial Results

Retrieved on: 
Tuesday, August 15, 2023

NEW YORK, Aug. 15, 2023 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a digital asset mining company headquartered in New York City, today announced its unaudited financial results for the second quarter ended June 30, 2023.

Key Points: 
  • NEW YORK, Aug. 15, 2023 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a digital asset mining company headquartered in New York City, today announced its unaudited financial results for the second quarter ended June 30, 2023.
  • Total revenue was $9.0 million for the second quarter of 2023.
  • The BTC equivalent[3] of our digital asset holdings as of June 30, 2023 was approximately 1,573.4 BTC, or approximately $48.0 million.
  • "The second quarter of 2023 was a transitional quarter for Bit Digital as we exited certain legacy hosting relationships, forged new strategic partnerships, and began to execute on our growth initiatives.

Horizen Partners with Auros to Enhance Liquidity for its EVM-Compatible Smart Contracting Platform, EON

Retrieved on: 
Thursday, June 15, 2023

Horizen Partners with Auros to Enhance Liquidity for its EVM-Compatible Smart Contracting Platform, EON

Key Points: 
  • Horizen Partners with Auros to Enhance Liquidity for its EVM-Compatible Smart Contracting Platform, EON
    The issuer is solely responsible for the content of this announcement.
  • Their distinctive, partnership-oriented approach to liquidity provision is designed from the ground up, incentivising Auros to ensure that the liquidity for the token matches the growth of Horizen EON.
  • Horizen's EON is a fully EVM-compatible smart contracting platform and is the first of many smart contract sidechains on the Horizen ecosystem.
  • With the collaboration between Horizen and Auros, the EON ecosystem is set to welcome a wealth of dApps and services in the coming months.

Bit Digital, Inc. Announces Strategic Investment in Auros Global Limited

Retrieved on: 
Friday, March 24, 2023

NEW YORK, March 24, 2023 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a digital asset mining company headquartered in New York, is pleased to announce a strategic investment in Auros Global Limited ("Auros").

Key Points: 
  • NEW YORK, March 24, 2023 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a digital asset mining company headquartered in New York, is pleased to announce a strategic investment in Auros Global Limited ("Auros").
  • This strategic investment advances Bit Digital's goal to maximize risk-adjusted returns of its digital assets, while protecting its business against operational and treasury risks to ensure healthy and consistent cash flows.
  • "Bit Digital's investment in Auros underscores our confidence in the firm's robust infrastructure and its ability to complement our core business.
  • We are excited to have Auros as a strategic, institutional-quality partner and unlock more synergies together," says Samir Tabar, Chief Strategy Officer of Bit Digital Inc.

Bit Digital Announces Strategic Executive Leadership Realignment, Advisory Board and Strategic Priorities for 2023

Retrieved on: 
Wednesday, March 22, 2023

In 2022, Bit Digital announced its intention to become a validator on the Ethereum network, and to accumulate and stake Ether     (ETH).

Key Points: 
  • In 2022, Bit Digital announced its intention to become a validator on the Ethereum network, and to accumulate and stake Ether     (ETH).
  • Beyond this, Bit Digital is exploring incubating additional PoS related businesses, including a joint venture in Singapore to provide ETH staking-related technology tools.
  • During Q1 2023, the Company completed a $2 million strategic investment into Auros Global Limited, a leading algorithmic trading and market making firm focused on digital assets.
  • Additionally, the Company announced its reconstituted Advisory Board, which will comprise Mr. Bullett, Henri Arslanian and Charles d'Haussy.

Auros Partners with Pyth Network to Deliver High Frequency Onchain Data

Retrieved on: 
Tuesday, September 27, 2022

As the leading oracle solution for latency-sensitive financial data, Pyth is bringing more institutional trading activity onchain through a network of over 70 data providers.

Key Points: 
  • As the leading oracle solution for latency-sensitive financial data, Pyth is bringing more institutional trading activity onchain through a network of over 70 data providers.
  • Auros best-in-class pricing data will enhance Pyths ability to provide aggregated data to a range of blockchain protocols.
  • Ben Roth, Co-Founder and CIO of Auros, said: Auros is thrilled to be joining the Pyth Network to contribute reliable, high fidelity data for all.
  • The Pyth Data Association was created in support of the Pyth Network and is overseen by a board of directors elected by members of the Pyth Network.

Auros Uses AI to Transform The Way Knowledge Is Captured, Shared, And Reused

Retrieved on: 
Monday, February 17, 2020

Auros IQ then curates a collaborative process of transitioning a Learning Opportunity into formalized knowledge that is ready for reuse by others.

Key Points: 
  • Auros IQ then curates a collaborative process of transitioning a Learning Opportunity into formalized knowledge that is ready for reuse by others.
  • "Because Auros manages knowledge directly and not in documents, Auros is uniquely able to collect data about how knowledge gets reused.
  • Auros is committed to developing next generation AI-enabled knowledge management solutions," said Jeff Moffa, Auros Knowledge Systems President.
  • Auros Knowledge Systems is the leading enterprise solution for a fundamentally new approach to managing technical knowledge, through Knowledge Aware.