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Germany Confiscates $38 Million in Cryptocurrency Linked to Bybit Hack German authorities have seized $38 million worth of cryptocurrency believed to be linked to a hack on the Bybit exchange. The seizure comes as part of an ongoing investigation into the cyberattack that targeted the popular cryptocurrency platform. The authorities have not disclosed the exact [...]
In a recent development, Senators have initiated an investigation into Binance and its alleged ties to former US President Donald Trump. The probe aims to uncover any potential connections between the cryptocurrency exchange and the Trump administration. This move comes amidst growing concerns about the influence of cryptocurrency on political landscapes around the world. Binance, [...]
Solana Has Yet to Overtake Ethereum Despite Lack of Meme Coin Bias A recent analysis of the cryptocurrency market has shed light on Solana’s continued efforts to surpass Ethereum. Despite its impressive technology and performance, there are still no clear indications that Solana is poised to dethrone Ethereum as the leading blockchain platform. One of [...]
Galaxy Digital Gets Green Light for US Headquarters and NASDAQ Listing Galaxy Digital Holdings, a leading cryptocurrency investment firm, has successfully received approval for establishing its headquarters in the United States. This milestone paves the way for Galaxy Digital’s forthcoming listing on the NASDAQ exchange. The move to establish a US domicile and list on [...]
Artificial Intelligence and Decentralized Applications: The Rise of Web3 Decentralized applications (DApps) powered by artificial intelligence (AI) are emerging as formidable contenders for the throne of Web3. With DAppRadar as a leading platform for tracking these innovative developments, the intersection of AI and decentralized technologies is reshaping the digital landscape. The integration of AI in [...]
Artificial intelligence (AI) is increasingly reliant on Graphics Processing Units (GPUs) to power its algorithms and applications. As AI technology continues to advance, the demand for high-performance GPUs is surging. GPUs play a crucial role in accelerating the processing power required for deep learning algorithms, neural networks, and other AI-related tasks. The parallel processing capabilities [...]
Coinbase, a leading cryptocurrency exchange, reported a significant drop in revenue for the first quarter of the year, missing earnings expectations. Despite the ongoing volatility in the digital asset market, Coinbase experienced a decline in revenue in the double digits compared to the previous quarter. The company cited several factors contributing to the decline in [...]
The potential for the next breakthrough in the cryptocurrency industry may very well begin in the classroom, according to the CEO of Animoca Brands, Yat Siu. Siu believes that education and awareness are crucial in driving the adoption and growth of cryptocurrencies. In a recent interview, Siu highlighted the importance of teaching the younger generation [...]
The Securities and Exchange Commission (SEC) is facing criticism from one of its own commissioners regarding the proposed settlement with Ripple. Hester Peirce, also known as “Crypto Mom” for her support of the cryptocurrency industry, has expressed skepticism about the terms of the settlement. Peirce believes that the SEC’s actions against Ripple have caused uncertainty [...]
Taiwan Legislator Proposes Bitcoin Reserve for National Conference A member of the Taiwanese legislature recently advocated for the establishment of a Bitcoin reserve during a national conference. This initiative aims to utilize the leading cryptocurrency as a strategic asset for the country. The lawmaker highlighted the importance of incorporating Bitcoin into Taiwan’s financial system, emphasizing [...]
BlackRock is teaming up with the U.S. Securities and Exchange Commission to establish a new task force specifically focused on cryptocurrencies. This is a significant step in the world of finance as it signals a growing interest from traditional financial institutions in the world of digital assets. The collaboration aims to explore the potential of [...]
Wellgistics, a prominent player in the healthcare industry, has announced a new partnership with Ripple, a leading provider of blockchain solutions. This collaboration will see Wellgistics integrating XRP payment infrastructure into their platform, marking a significant step towards enhancing efficiency and transparency in the healthcare supply chain. With the integration of XRP, Wellgistics aims to [...]
With the rise of Bitcoin and other cryptocurrencies, many people are curious about mining them at home using their gaming PCs. So, is it really possible to mine Bitcoin with a gaming PC? The answer is yes, you can technically mine Bitcoin with a gaming PC, but it may not be the most efficient or [...]
Bitcoin has reached a new high of $101.7K as bills for the US Strategic Reserve become law, signaling an acceleration in BTC mass adoption. The recent surge in Bitcoin’s value can be attributed to the passing of bills related to the US Strategic Reserve, which have now become law. This development has not only boosted [...]
The Office of the Comptroller of the Currency (OCC) has recently announced that banks are now permitted to handle customer cryptocurrency assets that are held in custody. This decision marks a significant milestone in the integration of traditional financial institutions with the rapidly evolving digital asset space. This move by the OCC opens up a [...]
The debate surrounding Layer 2 solutions on the Ethereum network continues as some argue they bring significant benefits while others view them as potentially extractive. Layer 2 scaling solutions aim to alleviate the network congestion and high fees often associated with Ethereum transactions, offering a more efficient and scalable alternative. Proponents of Layer 2 solutions [...]
Core Scientific, a prominent blockchain and AI company, reported a significant shortfall in Q1 revenue despite posting a remarkable $580 million profit for the same period. This unexpected discrepancy has surprised many industry experts and analysts who were expecting higher revenue figures based on the company’s previous performance. The company’s impressive profit margin can be [...]
Bitcoin has surged past the $100,000 mark for the first time since January, causing excitement among investors and crypto enthusiasts. The price of the popular cryptocurrency reached this milestone as market demand and institutional interest continue to grow. This significant price increase has sparked renewed interest in Bitcoin as a valuable asset and a potential [...]
The price of Bitcoin is on the rise once again, reaching $9,800 amidst talks of Federal Reserve interest rate cuts and demands from President Donald Trump. This surge in value has left many investors excited about the future of the cryptocurrency market. The Federal Reserve is considering cutting interest rates in response to economic uncertainties [...]
Coinbase makes a strategic move to acquire Deribit for an impressive $2.9 billion in a bid to expand its presence in the cryptocurrency market. This acquisition marks a significant milestone for Coinbase as they aim to enhance their offerings and cater to a wider range of investors. Deribit, a leading cryptocurrency derivatives exchange, has garnered [...]
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