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Analyst: Gold Demand From China Continues Supporting the Bull Market


Jan Nieuwenhuijs, a gold market analyst, has assessed the state of the gold market, reporting that growing demand from both the private market and the People’s Bank of China (PBOC) has been instrumental in the rise of gold prices. Chinese private investors purchased 543 tonnes during...

Layer 2 vs. Execution Sharding: Vitalik Unveils the core distinctions


The key difference between layer 2 and execution sharding lies in the variety of execution environments. The Ethereum L2s have successfully performed the roles of execution environments, and the focus of the discussions of the contemporary age is on the EVM equivalent of layer 2.  Approaches like...

Casper Labs and IBM Reveal Prove AI Blockchain Solution for AI Governance


Casper Labs introduces Prove AI to enhances transparency and auditability for AI training data using blockchain technology, integrating with IBM’s watsonx.governance platform to ensure secure management. The post Casper Labs and IBM Reveal Prove AI Blockchain Solution for AI Governance appeared...

BlackRock’s IBIT leads record Bitcoin ETF inflows


With the US SEC on the verge of approving ether-based exchange-traded funds (ETFs), the focus shifts to skyrocketing Bitcoin tracking instruments. Some of the leading products in this context are Blackrock’s iShares Bitcoin Trust (IBIT), Fidelity’s  Wise Origin Bitcoin Fund (FBTC), and Grayscale’s...

Nigerian Court Adjourns Binance Tax Evasion Trial to June 14


The Federal High Court in Abuja has adjourned the tax evasion case against Binance Holdings Limited and its executive, Tigran Gambaryan, till June 14 due to Gambaryan's absence. The post Nigerian Court Adjourns Binance Tax Evasion Trial to June 14 appeared first on Cryptonews

Hong Kong’s PCPD orders Worldcoin to wind up its business


The Office of the Principal Commissioner for Personal Data (PCPD) has ordered Worldcoin to close its doors owing to the ongoing investigation into the company, which began in early 2024. Interestingly, Worldcoin is a crypto exercise that was co-founded by Sam Altma, the CEO of OpenAI.  In early...

Holding the future: Biden’s crypto dilemma on May 28th


Donald Trump recently hosted an event for Trump NFT holders. He expressed his support for the cryptocurrency market, asserting that the current government lacks a comprehensive understanding of how cryptocurrency operates. This went on to demonstrate that Trump was, or rather is, pro-crypto...

Coinbase’s Brian Armstrong found the vote on FIT21 to be memorable


Coinbase CEO Brian Armstrong was opinionated about the House of Representatives vote on FIT21, finding it absolutely eventful. He also spoke at length about the financial innovation and technology for the 21st Century Act.  In his view, the vote will help clarify regulations in the crypto space. ...

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