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Theta Labs share EdgeCloud Q2 release details with Generative AI
9.4.2024
Theta Labs recently talked about its much-anticipated EdgeCloud Q2 release. The team is working to launch the v1 of EdgeCloud right now. The tool suite will enable researchers, enterprises, and developers to access the most effective GPU processing power. The power can be used for gaming tasks,...
India’s Web3 Startup Tally Tops 1,000 as Investor Appetite Soars
9.4.2024
India now has a thriving Web3 ecosystem with over 1,000 startups in the space, a report published by Hashed Emergent on Tuesday showed.
The post India’s Web3 Startup Tally Tops 1,000 as Investor Appetite Soars appeared first on Cryptonews
DEX Aggregator 1inch Partner with Mastercard to Rollout Crypto Debit Card
9.4.2024
The 1inch Crypto Card will allow users to make seamless cash withdrawals at supported ATMs through crypto-to-fiat conversion.
The post DEX Aggregator 1inch Partner with Mastercard to Rollout Crypto Debit Card appeared first on Cryptonews
Union Labs Partners with Lava, Introduces $100K Incentivized RPC Campaign
9.4.2024
Union Labs collaborates with Lava to launch an incentivized public RPC campaign, offering $100,000 in token rewards to encourage community participation and network growth.
The post Union Labs Partners with Lava, Introduces $100K Incentivized RPC Campaign appeared first on Cryptonews
South Korean Youth Crypto Investment Driving Many to Debt – Report
9.4.2024
South Korean youth debt is on the rise, with crypto investments leading many desperate young people to bankruptcy courts, new data shows.
The post South Korean Youth Crypto Investment Driving Many to Debt – Report appeared first on Cryptonews
Russian Government Crypto Chief: Mining Regulation Is Our Priority
9.4.2024
The Russian government crypto working group chairman believes Bitcoin (BTC) mining regulation is now a priority for Moscow.
The post Russian Government Crypto Chief: Mining Regulation Is Our Priority appeared first on Cryptonews
Mango Markets Alleged Manipulator To Stand Trial This Week For $110 Million Theft, Used MNGO For Fraud
8.4.2024
The trial of the man accused of stealing an estimated $110 million out of the crypto exchange Mango Markets, Avraham Eisenberg, got underway in Manhattan Monday after he used their crypto token MNGO for fraud purposes. The alleged crypto criminal faces up to 40 years in prison for the scheme.
The...
Blockstream CEO Adam Back Criticizes MicroStrategy Short ETF as ‘Terrible Product’
8.4.2024
Blockstream CEO Adam Back chastised the recently released Defiance 2X Short MSTR ETF (exchange-traded fund). According to the SEC statement, the Defiance ETF, which was proposed on March 7, was filed under the TIDAL TRUST II financial organization.
The post Blockstream CEO Adam Back Criticizes...
Cardano Founder Says Crypto and AI Have Similar Competition and Sustainability Issues
8.4.2024
Charles Hoskinson, the creator of Cardano, spoke on April 7 on the criticism levelled against his network and its native coin, ADA. He focused on the concerns of competition and viability in both AI and cryptocurrency industries, drawing comparisons between their respective struggles.
The post...
JPMorgan CEO Jamie Dimon Warns Against U.S. Inflation, Praises AI
8.4.2024
JPMorgan CEO Jamie Dimon is warning fellow shareholders about increased U.S. inflation while praising the development of AI, his 2023 annual letter to shareholders reveals. His comments come amidst greater conversations regarding the impact of current inflation rates as well as consequences of...
Base outpaces Arbitrum and Ethereum, leading with 48M transactions
8.4.2024
According to recent data, Base, Coinbase’s Layer-2 scaling solution, surpassed Ethereum [ETH] and Arbitrum [ARB] in terms of daily transaction volume. Based on L2Beat data, a tight competition for supremacy developed among the L2s. Base led the field with a noteworthy 47.78 million...
Former IRS Criminal Investigations Chief Joins Chainalysis as Global Head of Capacity Building
8.4.2024
Chainalysis revealed that Jim Lee has joined the company as its global head of capacity building. In this capacity, he will focus on collaborating with international agencies to develop effective solutions against cryptocurrency-based crime.
The post Former IRS Criminal Investigations Chief Joins...
Phishing Campaigns Targeting Etherscan Users Through Advertisements Identified
8.4.2024
A significant phishing campaign targeting users of the Ethereum blockchain explorer Etherscan has come to light, with several advertisements identified as part of the malicious operation.
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PayPal USD Circulation Drops by 39% to $188.5 Million in March: Paxos
8.4.2024
According to Paxos' most recent transparency report on PayPal USD, the circulation of PYUSD in March totaled $188.5 million, marking a 39% decrease compared to the previous month.
The post PayPal USD Circulation Drops by 39% to $188.5 Million in March: Paxos appeared first on Cryptonews
Blubird and Beyond Enterprizes partner for blockchain innovation
8.4.2024
Blockchain solutions pioneer Blubird and disruptive technology leader Beyond Enterprizes have launched a transformative partnership that can potentially alter the blockchain innovation landscape. Beyond is positioned as an incubator partner as a result of this innovative collaboration, which aims...
MACH AVS by AltLayer becomes live on Testnet
8.4.2024
It is exciting news that the recent announcement of the launch of MACH AVS has created a buzz around the crypto world. MACH AVS is a progressive, swift, and active validated service (AVS) for OP Mainnet and Arbitrum One, now live on the testnet. With such an initiation, MACH can go on the mainnet...
Witness Chain announces enabling DePINs on the Ethereum network
8.4.2024
Witness Chain recently announced that it is enabling DePINs on the Ethereum network. The announcement was made on the official X account of Witness Chain. The string of tweets talked about how Witness Chain is using Polygon Labs and EigenLayer CDK for the development. The blockchain company also...
Crypto M&A Deals up 22% in Q1 2024 From Previous Quarter, Says Advisory Firm
8.4.2024
The latest mergers and acquisitions (M&A) and financing activities in the cryptocurrency sector through the first quarter of 2024 are up 22%, according to a new research note from Architect Partners.
The post Crypto M&A Deals up 22% in Q1 2024 From Previous Quarter, Says Advisory Firm...
HashKey Group Secures Bermuda License, Launches Global Platform
8.4.2024
HashKey COO Livio Weng announces the launch of new platform with over 20 cryptos available targeting potential international users who cannot trade on HashKey Hong Kong.
The post HashKey Group Secures Bermuda License, Launches Global Platform appeared first on Cryptonews
South Korea Tax Body Set to Seize 5,208 Crypto Traders’ Coins
8.4.2024
South Korean tax officials in the city of Pohang are set to seize cryptoassets from 5,208 residents who failed to pay local taxes.
The post South Korea Tax Body Set to Seize 5,208 Crypto Traders’ Coins appeared first on Cryptonews