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Elon Musk’s xAI Secures $6 Billion To Compete With ChatGPT


On May 26, Elon Musk's AI business, xAI, completed a successful $6 billion Series B fundraising round. Saudi billionaire Prince Alwaleed Bin Talal, Sequoia Capital, Andreessen Horowitz, and Vy Capital were among the participants in the most recent Series B investment. The post Elon Musk’s...

EUBOF Advises EU On Blockchain And AI Integration


In a report published on May 24, the European Blockchain Observatory and Forum (EUBOF), a project of the European Commission, urged the EU to get ready for the fusion of blockchain technology with artificial intelligence (AI). The post EUBOF Advises EU On Blockchain And AI Integration appeared...

Shiba Inu Holders Pivot to New ICO, Aiming for 1000% Gains


Popular ERC-20 meme coin Shiba Inu ($SHIB) is outperforming Bitcoin, Ethereum and top meme coin Dogecoin to become one of the best digital asset investments of 2024. At its current price of $0.00002547, Shiba Inu is a staggering 200% up from its price this time last year. By comparison,...

Normie Team Negotiates 90% Fund Return After $41.7M Market Cap Plunge


After a 100% plunge in the price of $NORMIE following a smart contract exploit, the Normie memecoin team mulls negotiating with the accused hacker to recover 90% of the stolen funds. The post Normie Team Negotiates 90% Fund Return After $41.7M Market Cap Plunge appeared first on Cryptonews

New Trump Campaign Coin Goes Viral on Solana, Funds Shift to Dogeverse


A new Trump campaign coin has surged today after listing on Uniswap, becoming the latest in a long line of Trump-related tokens to piggyback on publicity from this year's US election. The post New Trump Campaign Coin Goes Viral on Solana, Funds Shift to Dogeverse appeared first on Cryptonews

Ethereum Core Developers Plan to Launch Pectra Upgrade by Q1 2025


Ethereum's highly anticipated Pectra upgrade will be released by the end of Q1 2025, following the successful deployment of the Dencun upgrade in March 2024. The post Ethereum Core Developers Plan to Launch Pectra Upgrade by Q1 2025 appeared first on Cryptonews

Ethereum Layer 2 TVL Sets a New All-Time High at $47 Billion


The TVL of Ethereum Layer 2s have reached a historical record of $47 billion, with key contributors including Arbitrum One, OP Mainnet, Base, and Blast. The post Ethereum Layer 2 TVL Sets a New All-Time High at $47 Billion appeared first on Cryptonews

South Korea Urged to Follow US Lead on Crypto ETFs After Ethereum Approval


The US Securities and Exchange Commission's approval of spot Ethereum ETFs last week has ignited pressure on South Korea's financial regulators to greenlight similar crypto exchange-traded funds. The post South Korea Urged to Follow US Lead on Crypto ETFs After Ethereum Approval appeared first...

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