Solana becomes the first Layer1 blockchain to integrate with Artificial Intelligence (AI). The Solana Foundation, the non-profit organization dedicated to supporting the development and growth of the Solana blockchain ecosystem, announced ChatGPT integration on Tuesday. The move is a significant Read More
The ongoing tense negotiation has shown no ending sign as the US debt deadline looms. The world’s economic powerhouse could lose its capability to pay bills as early as June, and the fallout could impact global assets, including cryptos. Unresolved Read More
The new collaboration sets a significant milestone for both the Web3 gaming project and the tech giant. Web3-focused lifestyle project Stepn has announced today its integration of Apple Pay to enable in-app digital asset purchases. Users can now buy sneakers Read More
Final approval has landed on the MiCA regulatory framework after extensive periods of contemplation. But instead of optimism, the recent news raises more concerns. Crypto Identification Mandate Markets in Crypto-Assets (MiCA), first introduced in 2022, came to a final decision Read More
The number of addresses holding 1 BTC or more has now crossed the one million mark. Glassnode’s data reveals that the number of wallet addresses holding one whole BTC or more has exceeded one million. This significant milestone settled on Read More
Massive unrealized losses put more than 700 banks in the US at risk, says Fed. A public release, represented by the Federal Reserve Bank of Kansas City, discusses the growing risks of instability across certain banks under the impact of Read More
Centralized exchanges lose the spotlight as new data shows declines in trading volumes on popular crypto platforms. Data provided by the crypto analysis firm Sentiment shows that Bitcoin held on exchanges has dropped to 5.84%, the lowest level since December Read More
Investors and economists alike were keeping a close eye on the Consumer Price Index (CPI) for the month of April. This particular metric is considered highly important in predicting the Fed’s future moves with respect to interest rates and can have Read More
Binance is considering using the Lightning Network to tackle network congestion. The exchange first announced its temporary pause of Bitcoin withdrawals last weekend, citing the massive amount of transactions in handling leading to network congestion. The problem resurfaced on May Read More
Terra’s co-founder might serve up to 40 years in prison. After fleeing from regulators, Terra’s Do Kwon was finally arrested in Montenegro in March, Interpol confirmed. Both South Korean and U.S. prosecutors want extradition. Awaiting Justice Dan Sung-han, the prosecutor Read More
Financial markets have seen volatility following Wednesday’s FOMC meeting. But the biggest threat is ahead – and cryptos won’t be spared. Tipping Point The federal funds rate currently sits at 5%-5.25%. This range resulted from the Fed’s decision to increase Read More
The crypto market is under pressure as the Fed rate decision draws near. All eyes are set on the FOMC meeting this week as the Fed faces a tough decision – whether to raise or to let inflation run wild. Read More
Global payment Mastercard announced on Friday its plan to establish an infrastructure to better verify blockchain transactions in partnership with four prominent industry names: Aptos Labs, Ava Labs, Polygon, and the Solana Foundation. The bold move came amid the growing Read More
Binance.US has pulled out from the deal to acquire Voyager. Binance.US, the sister company of Binance, has announced its decision to withdraw from the Voyager acquisition, citing “the hostile and uncertain regulatory climate in the United States.” The announcement came Read More
Positive momentum evaporates as the crypto market has faced a downward trend, extending the decline for the eighth consecutive day. The crypto market has been experiencing significant corrections over the past week. Bitcoin and Ethereum have lost approximately 12% of Read More
Ethereum gas fees soared in the past few days due to the frenzy surrounding meme-inspired cryptocurrencies. The popularity of these coins has led to the growing demand for transactions on the Ethereum network, resulting in higher fees. Memecoins made a Read More
A legal decision in Hong Kong has granted cryptocurrencies property status, marking a significant turning point in the local crypto market. Legal Milestone A Hong Kong court has officially recognized cryptocurrencies as property that can be held in trust. The Read More
SEC is targeting DeFi as the battleground of technology and regulation. Gary Gensler’s hardline stance against cryptocurrencies is not something new. Last week, the U.S. Securities and Exchange Commission (SEC) reopened the comment period for public input on proposed amendments Read More
The Ethereum ecosystem looks bullish after the Shanghai upgrade, and staking has seen steady growth. The recent upgrade laid the groundwork for future network scalability and performance developments. The Ethereum network underwent a major milestone after successfully deploying the Shanghai Read More
Twitter users are now able to access real-time data on eToro. According to CNBC, Twitter has partnered with eToro, allowing users to access real-time market data on the social trading and investing platform. The new feature enables users to see Read More
