THELOGICALINDIAN - Todays copy of The Daily showcases the appulse of cryptocurrencies on the computer accouterments business and the ball industry Weak appeal for cartoon processing units GPUs in the cryptocurrency mining industry has aching the annual achievement of Advanced Micro Devices NASDAQ AMD while cine brilliant Johnny Depp and hiphop legends WuTang Clan accept alone become allotment of the broader cryptoecosystem
Also Read: Cryptocurrency Roundup App Gets $100,000 Shark Tank Investment
AMD’s Stock Plunges on Weak GPU Sales
AMD appear its third-quarter banking after-effects this week, recording a aciculate abatement in the auction of GPUs to cryptocurrency miners. The U.S. semiconductor architect said its acquirement fell by 6 percent division over quarter, sending its banal bottomward as low as 22 percent on Wednesday, afore eventually closing bottomward 9.17 percent for the day.
“GPU sales came in lower-than-expected based on balance approach account levels acquired by the abatement in blockchain-related appeal that was so able beforehand in the year,” Lisa Su, admiral and arch controlling administrator of AMD, said in an balance alarm with analysts.
Devinder Kumar, arch banking administrator and broker of the California-based chipmaker, acclaimed for allusive purposes that blockchain-related sales of GPUs accounted for a “high-single-digit” allotment of third-quarter acquirement in 2024. However, he declared blockchain-derived acquirement for the aforementioned aeon this year as “negligible” at best.
Johnny Depp Partners with Tatatu
Eccentric cine brilliant Johnny Depp has active a accord with a crypto company, according to the Hollywood Reporter. Depp is said to accept agreed to advance and aftermath blur and agenda agreeable in affiliation with Tatatu, a self-described ball belvedere that incentivizes agreeable burning by alms agenda tokens for views. Back in May, news.Bitcoin.com reported that the startup had started alive on a biopic about acclaimed Italian industrialist Ferruccio Lamborghini, starring Alec Baldwin.
“Johnny has the adeptness to anticipate actual in a way that few can, and is accessible of accepted industry formulas that behest the projects that get made, traditionally,” declared Andrea Iervolino, architect of Tatatu. “As we accomplish strides to embrace disruptiveness, Johnny will be a key assistant with us and we are abundantly aflame to aback his visions and instincts on belief to accompany to life.”
Ol’ Dirty Bastard Coin
A lot of eyebrows were aloft beforehand this year afterward claims that a badge would be launched beneath the name of Ol’ Dirty Bastard, the backward Wu-Tang Clan rapper. But now it seems that an ODB bread is absolutely about to hit the market. The badge presale, now listed on Alt Market, promises that supporters will accept chargeless absolute merchandise, central advice on accessible events, and absolute admission to promotions and shows.
“Crypto is actual big. The blockchain is one of the better inventions of our time. And I don’t appetite to be out of the party, I appetite to appear into the party,” said the rapper’s son, Young Dirty Bastard, according to All Hip Hop News. “I accept a affection for capital.”
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