Charles Hoskinson, the co-founder of the blockchain platform Cardano, believes artificial intelligence (AI) models are losing their utility over time. In a Sunday tweet, Hoskinson said the reason is the alignment training that comes with AI censorship. AI Models Are Losing Utility AI censorship refers to the use of machine learning algorithms to automatically filter...Read More
Digital asset investment products experienced their third consecutive week of outflows amounting to $30 million, although last week showed a significant decrease. While outflows for Ethereum continued, investor sentiment surrounding Bitcoin appears to be slowly changing. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly report, most providers recorded minor inflows, but...Read More
According to data from Coingecko, the Ethereum Name Service (ENS) native token has experienced significant price surges in recent days, gaining over 20% in value within the last 24 hours. These gains are driven by increasing excitement surrounding the upcoming ENSv2 upgrade, which aims to enhance the efficiency and scalability of the naming service. ENS...Read More
The ever-evolving meme coin sector has been a highly interesting niche for investors and traders in the past several months. It is full of assets based on recent trends, with many witnessing substantial price increases in a short period of time. In the following lines we will touch upon some of the most popular ones...Read More
There has been considerable positive sentiment around the rising crypto AI sector, but for some reason, FetchAI (FET) and SingularityNET (AGIX) have taken huge hits in the past week. FET is recovering from its 65% losses, even though the token is still stuck in the red with AGIX. The bearish fall sets a poor precedence...Read More
The German government has moved another stash of its seized Bitcoin to some of the world’s top crypto exchanges, stirring new fears of a possible liquidation of its Bitcoin reserves. Despite the latest transfers, it currently possesses Bitcoins worth around $2.82 billion. Germany’s Bitcoin Transfers Continues According to an update by Lookonchain, the German government...Read More
[PRESS RELEASE – Road Town, Tortola, British Virgin Islands, July 1st, 2024] GoMining, a premier Bitcoin mining company operating nine data centers worldwide, has announced the next step of their integration with The Open Network (TON). The utility token of the GoMining ecosystem, GOMINING, is now available on the TON blockchain. According to the company’s...Read More
Vitalik Buterin, the Ethereum co-founder, has announced new strategies to reduce the transaction confirmation times on the Ethereum network. Acknowledging the necessity for faster transaction speeds, he highlighted the need for latencies in the “hundreds of milliseconds or even less” for certain applications. New Strategies to Reduce Transaction Time In a June 30 blog post,...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, July 1st, 2024] Bybit, the world’s second-largest web3 platform by trading volume, has recently ascended to the second position in terms of market share. To commemorate this remarkable achievement and extend our heartfelt appreciation to Bybit’s global community, the Spot team is launching a reward program designed to enhance...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, June 28th, 2024] With the launch of Forexobot, an advanced expert advisor (EA) made specifically for MetaTrader 4 (MT4) traders, Avenix Fzco, a fintech company with headquarters in Dubai, has taken a step forward. With a full toolkit to help traders, this forex robot is designed to handle...Read More
The Open Network and its native asset, Toncoin (TON) have gained tremendous traction among investors this year. This trend appears to be resilient despite the current market downturn. Over the past month, TON has recorded approximately 23% surge as it looks to reclaim its recently established peak above $8. As a result, this momentum has...Read More
Analysts across the cryptocurrency space believe that one major update, paired with strong bullish sentiment, could trigger an explosive move for XRP similar to the one seen in 2017. Egrag Crypto took to his X handle and set a minimum target of $6.4 for the cryptocurrency. Despite recent market fluctuations, the monthly candle formation is...Read More
Crypto markets have started to recover over the weekend with a total capitalization gain of around 4%, primarily led by Bitcoin, which reclaimed the $63,000 level during Asian trading on Monday morning. This short week’s economic calendar does not have many big-hitting reports but could still shed light on the direction of economic recovery in...Read More
On June 28, the American venture capitalist said that he wasn’t sure that BTC prices would go up that dramatically from here, in an interview with CNBC. The bearish outlook stems from his view that Bitcoin has yet to fulfill itself as a cypherpunk, crypto-anarchist, and libertarian financial freedom tool. He said that this vision...Read More
There is more to creating an airdrop campaign than most companies realize. Airdrops go beyond sharing free tokens with new users and getting word out for new crypto projects. They extend to aligning company goals with airdrop strategies and reaching a larger audience to keep them interested in a project. Thesis-driven crypto venture capital fund...Read More
The United States government has increased the reward offered for information on OneCoin co-founder Ruja Ignatova’s whereabouts to $5 million. According to an official release from the U.S. Department of State spokesperson in conjunction with the U.S. Embassy in Bulgaria, anyone who brings information leading to the arrest or conviction of Ignatova, popularly known as...Read More
Marathon Digital Holdings, a global crypto-focused platform, announced that its mining operations for Kaspa have yielded approximately $15 million worth of KAS since they commenced last September. The company states that the decision to mine Kaspa was part of its strategy to diversify its mining operations. Marathon Mining Kapsa In the statement released on Wednesday,...Read More
[PRESS RELEASE – Dubai, UAE, June 30th, 2024] Sonic, the first atomic SVM chain enabling sovereign game economies on Solana, hit a significant milestone with its recently launched incentivized testnet “Odyssey,” reaching 100,000 connected wallets and over 17 million transactions in the buildup to a mainnet launch. Backed by Cypher Capital, a multi-strategy crypto investment...Read More
[PRESS RELEASE – Dubai, UAE, June 30th, 2024] PinEye launches an innovative platform that combines gaming entertainment with community-driven engagement and fosters a sense of belonging. By leveraging cryptocurrency rewards, it offers its users a unique opportunity for financial empowerment. It will develop in phases to arrive at its final goal of creating the biggest...Read More
Cryptoslam data indicates that the initially strong NFT market is now recording a downward momentum, having declined in critical metrics, including sales volumes, unique sellers, and buyers. The ongoing rough patch in Bitcoin markets has been blamed for the decline in NFT volume. NFT Volumes Downward Momentum According to data from Cryptoslam, the NFT market...Read More
Two men have been sentenced for manipulating the price of Hydrogen Technology’s cryptocurrency, HYDRO, and scheming to defraud investors. This case marks the first time a jury in a federal criminal trial has classified a cryptocurrency as a security and found that price manipulation of cryptocurrency constitutes securities fraud. $300M HYDRO Crypto Fraud Scheme Court...Read More
Losses from hacks and rug pulls in 2024 year-to-date amount to over $473 million across 108 incidents, according to Immunefi’s latest data. This marks a 20% decrease compared to the same period in 2023, which saw losses of more than $595 million. In May 2024, victims of hacks and fraud lost $52.4 million across 21...Read More
The first half of 2024 has ended, and on-chain experts have compiled data to determine the profitable sectors so far in the year. According to coverage from independent crypto reporter Colin Wu, memecoins became the most profitable sector in H1 2024, followed by Real World Assets (RWA) and Artificial Intelligence (AI). Memecoins Emerges as Most...Read More
Analysts at market intelligence platform CryptoQuant have outlined on-chain metrics that could signal that the bitcoin (BTC) price has bottomed and cryptocurrencies are beginning to rally again. The latest weekly CryptoQuant report mentioned signals like higher bullish momentum, rising BTC demand, and faster stablecoin liquidity growth as the metrics to watch. Higher Bullish Momentum CryptoQuant’s...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, June 28th, 2024] Staying ahead in the ever-changing world of forex trading means utilizing innovative solutions that give traders the option to outsmart the market. The Dubai-based fintech startup Avenix Fzco has released Botogon, an innovative automated trading system, which is going to revolutionize the way forex traders...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, June 28th, 2024] Rushpips, a forex robot that Avenix Fzco has released, is set to reshape the borders of what is possible in the world of forex trading. With its engineering for the widely-used MetaTrader 4 platform, Rushpips exemplifies of what forex automated systems have to offer. It...Read More
[PRESS RELEASE – Dubai, United Arab Emirates, June 28th, 2024] Avenix Fzco, a fintech company based in Dubai, UAE, has recently unveiled its forex robot software, Fexobot. This advanced Expert Advisor is set to revolutionize gold trading on the MetaTrader 4 platform, specifically designed for the H4 timeframe. From 2016 until the present, Fexobot has...Read More
Free speech champions across the world celebrated earlier this week as Julian Assange – founder of WikiLeaks – was finally released from a UK prison after five years behind bars. During his more than decade-long legal battle to escape persecution from multiple national governments, Assange often leaned on crypto to drive global fundraising campaigns to...Read More
On June 25, the ECB published an update on its two-year preparation phase for the digital Euro CBDC that ends in October 2025. The central bank said that privacy and data protection are its top priorities, but there are a number of disturbing features to the currency that would result in the total opposite. On...Read More
Investors are optimistic about Ethereum’s future, expecting its value to possibly double. Meanwhile, Solana’s recent ETF application has sparked discussions about how it might move in price. Adding to the excitement is Furrever Token, a cute new cryptocurrency offering a 50% bonus code, FURR50, to early buyers. With its charming cat-themed features and strong referral...Read More
