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AI titans launch token migration with $EFT to $ASI swap
15.4.2024
The Superintelligence consortium’s reserve currency is $EFT, but it will change its name to $ASI after successful government approval. Ocean Protocol, Fetch.ai, and SingularityNET will soon submit proposals to concerned government authorities. If the Artificial Superintelligence consortium gets...
Winklevoss Twins Invest $4.5M in Crypto Podcaster Peter McCormack’s Football Club
15.4.2024
Winklevoss Capital, an investment firm founded by the twin brothers Cameron and Tyler Winklevoss has invested $4.5 million in a non-league football club which is owned by crypto podcaster Peter McCormack.
The post Winklevoss Twins Invest $4.5M in Crypto Podcaster Peter McCormack’s Football...
Solana Releases Update to Address Network Congestion Issues
15.4.2024
Solana developers on Monday announced a mainnet beta update, version 1.17.31, aimed at addressing the network’s recent congestion problems.
The post Solana Releases Update to Address Network Congestion Issues appeared first on Cryptonews
DeFi-Focused Berachain Raises $100M in Funding Round Led by Brevan Howard Digital
15.4.2024
Decentralized finance (DeFi) -focused Layer 1 blockchain platform Berachain, announced it has secured $100 million in a funding round led by Brevan Howard Digital and Framework Ventures.
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VeChainThor blockchain leads the blockchain & tokenization space
15.4.2024
VeChainThor blockchain is leading the blockchain and tokenization space, a case in point being their tie-up with UFC, a global sporting company. Through this, VeChain attracted the attention of 900 million families and furthered its digital offerings throughout multiple media houses. The number...
IRS Investigation Chief Anticipates Increase in Crypto Tax Evasion Cases This Year
15.4.2024
Guy Ficco, the IRS Criminal Investigation Chief, says the agency is prepared for a significant uptick in crypto-related tax evasion cases amid the tax filing season.
The post IRS Investigation Chief Anticipates Increase in Crypto Tax Evasion Cases This Year appeared first on Cryptonews
Japan’s Ruling Party Urges ‘Immediate’ Crypto Tax Reform
15.4.2024
Japan’s ruling party, the Liberal Democratic Party, wants the government to carry out “immediate” crypto tax reforms.
The post Japan’s Ruling Party Urges ‘Immediate’ Crypto Tax Reform appeared first on Cryptonews
Beauty and Fashion Brands Use Web3 Technology To Better Engage With Consumers
13.4.2024
Before the emergence of Web3, brands primarily relied on Web2 channels, such as social media, to connect with consumers. In fact, recent statistics show that 77 percent of businesses use social media to reach customers. Consumer engagement strategies are evolving, however. With the maturation...
Crypto Lawyer John Deaton Is Outraising Elizabeth Warren In Election Campaign
13.4.2024
John Deaton, a beacon of the crypto industry running for U.S. senate, is beginning to look like a legitimate threat to Elizabeth Warren's seat.
The post Crypto Lawyer John Deaton Is Outraising Elizabeth Warren In Election Campaign appeared first on Cryptonews
Robert Kiyosaki Says No to Spot Bitcoin ETF Investments
12.4.2024
Prominent author of "Rich Dad, Poor Dad," Robert Kiyosaki, stated on April 12 that he would never participate in exchange-traded funds (ETFs) that track Bitcoin spot prices or in any other "Wall Street financial products."
The post Robert Kiyosaki Says No to Spot Bitcoin ETF Investments appeared...
Craig Wright Drops Norwegian Defamation Appeal Over Satoshi Nakamoto Claims
12.4.2024
Craig Wright, an Australian computer scientist who claims to be bitcoin founder Satoshi Nakamoto, has dropped his appeal in a Norway defamation case against well-known X user Hodlonaut (a.k.a. A Marcus Granath), a statement posted to X Thursday by Bitcoiner alleges. News of Wright's failed appeal...
Hong Kong Set to Approve Bitcoin and Ether ETFs as Early as Monday
12.4.2024
The potential approval of Bitcoin and Ether ETFs in Hong Kong could occur as soon as Monday, with asset management firms like Harvest Fund Management anticipating the green light. Collaborating with Hong Kong Exchanges & Clearing Ltd, the Securities and Futures Commission seeks...
UK Competition and Markets Authority Raises Alarms Over Big Tech’s AI Dominance
12.4.2024
The Competition and Markets Authority (CMA) of the United Kingdom, under the direction of Sarah Cardell, has voiced its dissatisfaction with AI Foundation Models (FMs) that are owned by a small number of tech companies.
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Leading Lawmakers From House Financial Services Committee Meet With Chuck Schumer To Discuss Stablecoin Bill: Punchbowl News
12.4.2024
Leading U.S. lawmakers from the House Financial Services Committee (HSFC) met with Senate Majority Leader Chuck Schumer Thursday afternoon to discuss their upcoming stablecoin bill, Punchbowl News has reported. Thursday's meeting marks the latest move by McHenry and Waters to advance stablecoin...
Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report
12.4.2024
Driven by the crypto rally, Bitget's Q1 2024 trading volume reached $1.6 trillion, a 100% increase from Q1 2023. The centralized exchange listed 186 new tokens and attracted over 25 million users.
The post Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report...
Nikolaj Rosenthal, CEO of Myrmidon, on ETH, Staking-as-a-Service, Non-Custodial Staking, and the Ethereum ETF | Ep. 325
12.4.2024
Nikolaj Rosenthal, former ice hockey star and CEO of non-custodial staking provider Myrmidon, discusses his switch from a professional sports player to a crypto entrepreneur, accepting BTC as salary seven years ago, establishing a staking-as-a-service, new chains coming to Myrmidon soon, why ETFs...
Fraud Victims Call on China to Assist in Recovering $4.3B Bitcoin Seized by UK Police
12.4.2024
The victims of an investment fraud scheme have called on China to negotiate with the UK government to recover 61,000 Bitcoin seized in a money laundering investigation, valued at $4.3 billion at the time of publication.
The post Fraud Victims Call on China to Assist in Recovering $4.3B Bitcoin...
Enhancing Mina with Recursive zkRollups: A Deep Dive
12.4.2024
In the realm of blockchain, Mina Protocol stands out since its blockchain is fixed in size, and it is based on the idea of a proving system employing recursive zk-SNARKs. With this method, L1 security is guaranteed, and the synchronization process is rapid as if there were a full node. However,...
Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition
12.4.2024
Gopax, a prominent South Korean cryptocurrency exchange backed by Binance, disclosed a net loss of 51.3 billion Korean won ($37 million) for the fiscal year 2023.
The post Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition appeared first on Cryptonews
Sunbeam activates, marking upgrade Phase in The Graph Network
12.4.2024
Sunbeam, the second stage for the Sunrise of decentralized data, has now been activated, being the start of the upgrade window. It was in October 2023 when The Graph ecosystem worked out a game plan and pledged to implement it on the Sunrise of decentralized data, providing the option for...