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TLDR
- Hut 8, a top cryptocurrency mining and blockchain infrastructure firm, appoints Asher Genoot as the new CEO following its merger with US Bitcoin Corp.
- Leveraging technology, a new AI coin, InQubeta, has performed well and is expected to surge this year.
- So far, InQubeta has amassed more than $9.6 million in presale.
Asher Genoot has taken the helm as the new chief executive officer (CEO) of Bitcoin (BTC) Miner Hut 8 following the merger between the company and US Bitcoin Corp. The merger, completed in November, aims to diversify the company’s geographic presence. The change in leadership is considered ‘appropriate’ as Hut 8 seeks to pursue a new strategic direction.
InQubeta (QUBE) presale has been generating a buzz as artificial intelligence (AI) adoption continues to expand and transform various sectors, raising the need for related technologies and applications in cryptocurrency as well. InQubeta is one of the best altcoins around and aims to promote accessibility to AI investments through crowdfunding and utilizing non-fungible tokens (NFTs). As a fast-rising token, many expect its native token, QUBE, to surge in value in 2024.
This article details Genoot’s position as CEO of Hut 8 and why InQubeta is expected to surge this year.
InQubeta (QUBE) Presale Approaches $10 Million Success
Over $9.7 million has been raised from selling 800 million tokens, underscoring the acceptance and trust InQubeta has earned from the crypto community. This cryptocurrency ICO is in its seventh stage and has a token price of $0.0224. InQubeta’s utility token has essential use cases, which has made its demand high, with only about 7% of the QUBE tokens allocated for this stage left before the cost upticks.
InQubeta, with its fresh take on AI investments, appeals to investors with a knack for spotting ventures with potential. The platform lets startups create popular NFTs representing a fraction of the venture, giving investors a unique way to put their money directly into AI innovations. When investors buy these trending NFTs, they’re not just backing promising projects; they will gain rewards and share in the success of these startups.
InQubeta’s credibility is bolstered by thorough audits by Hacken and KYC verification by BlockAudit, ensuring a secure investment platform. The overwhelming response to its cryptocurrency ICO underscores the market’s confidence in its vision. The roadmap reveals ambitious plans, including the launch of an NFT marketplace, InQubeta swap, DAO (Decentralized Autonomous Organization), and more cross-chain expansion this year. As one of the best altcoins for profitability, this roadmap sets the token for a sustained upsurge.
Bitcoin (BTC) Miner Hut 8 Announces Change in Leadership
Following the merger of equals between Hut 8 and US Bitcoin Corp, the renowned blockchain infrastructure company has announced a transition in its leadership. Asher Genoot, who previously served as a Hut 8 president and member of the company’s board of directors, has succeeded Jaime Leverton as the CEO, bringing a wealth of experience to his new role. He is also the co-founder and former president of US Bitcoin Corp, where he led the venture-backed private BTC mining company before the merger.
The merger has set the stage for a new strategic direction, and Genoot’s appointment signifies a crucial step in realizing the potential within the combined company, Hut 8 mentioned in a press release. The combined company aims to broaden its reach, with BTC mining operations in New York, Nebraska, and Texas complementing Hut 8’s Canadian footprint. Hut 8 also plans to add business lines, including fiat-based revenue streams from US Bitcoin Corp’s hosting and managed infrastructure operations.
Conclusion
Recent crypto-related leadership and fundraising developments have drawn more attention to the digital market. First, Asher Genoot takes charge as CEO of Hut 8 Mining Company. Then, InQubeta altcoin is expected to surge in 2024, owing to its avant-grade propositions reflected in the rush to its presale.
The platform harnesses trending NFTs to offer a compelling approach to crowdfunding, connecting startups with visionary investors. By buying QUBE tokens today, investors can get into the booming AI sector at a discount.
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Source: https://finbold.com/asher-genoot-takes-helm-as-ceo-of-bitcoin-miner-hut-8-new-al-altcoin-expected-to-surge-in-2024/