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CATEGORY: crypto breaking news

Get Ready: AI Decentralized Apps Ready to Take Over the Web3 Throne according to DappRadar
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 10, 2025 06:10

Get Ready: AI Decentralized Apps Ready to Take Over the Web3 Throne according to DappRadar

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 [...]

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The Hidden Cost of AIs High GPU Dependency Revealed: Discover the More Affordable and Efficient Alternative
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 10, 2025 06:10

The Hidden Cost of AIs High GPU Dependency Revealed: Discover the More Affordable and Efficient Alternative

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 [...]

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Coinbase Revenue Drops by 10% in Q1, Failing to Meet Industry Expectations
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 09, 2025 05:55

Coinbase Revenue Drops by 10% in Q1, Failing to Meet Industry Expectations

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 [...]

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The Educational Potential of Crypto: How Animocas Yat Siu is Pioneering the Next Breakthrough
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 10, 2025 06:10

The Educational Potential of Crypto: How Animocas Yat Siu is Pioneering the Next Breakthrough

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 [...]

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SECs Crenshaw Criticizes Ripple Settlement and Highlights Risks of Regulatory Gaps
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 09, 2025 05:55

SECs Crenshaw Criticizes Ripple Settlement and Highlights Risks of Regulatory Gaps

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 [...]

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Taiwan Legislator Advocates for Bitcoin Reserve at National Conference
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 10, 2025 06:10

Taiwan Legislator Advocates for Bitcoin Reserve at National Conference

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 [...]

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BlackRock and crypto task force delve into ETP staking and tokenization
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 10, 2025 06:10

BlackRock and crypto task force delve into ETP staking and tokenization

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 [...]

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Wellgistics Health Embraces XRP Integration in Payment System
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 09, 2025 05:55

Wellgistics Health Embraces XRP Integration in Payment System

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 [...]

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Can You Mine Bitcoin Using a Gaming PC? Discover What You Need to Know
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 09, 2025 05:55

Can You Mine Bitcoin Using a Gaming PC? Discover What You Need to Know

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 [...]

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Bitcoin Surges to $101.7K Amid US Strategic Reserve Bill Passage and Rapid Increase in BTC Adoption
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 09, 2025 05:55

Bitcoin Surges to $101.7K Amid US Strategic Reserve Bill Passage and Rapid Increase in BTC Adoption

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 [...]

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Regulator Confirms: US Banks Capable of Safeguarding Customer Crypto Assets
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 09, 2025 05:55

Regulator Confirms: US Banks Capable of Safeguarding Customer Crypto Assets

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 [...]

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Are Layer 2 Solutions Beneficial for Ethereum or Harmful? Exploring their Impact on the Network
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 09, 2025 05:55

Are Layer 2 Solutions Beneficial for Ethereum or Harmful? Exploring their Impact on the Network

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 [...]

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Core Scientifics Bitcoin mining revenue falls short of projections despite $580M Q1 profit
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 09, 2025 05:55

Core Scientifics Bitcoin mining revenue falls short of projections despite $580M Q1 profit

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 [...]

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Bitcoin Surges Past $100K Mark for the First Time in Months Exciting News for Investors
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 09, 2025 05:55

Bitcoin Surges Past $100K Mark for the First Time in Months Exciting News for Investors

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 [...]

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Bitcoin Surges to $98K as Federal Reserve Maintains Rates Amid Trumps Pressure
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 08, 2025 05:55

Bitcoin Surges to $98K as Federal Reserve Maintains Rates Amid Trumps Pressure

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 [...]

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Coinbases Major Acquisition: Deribit Options Trading Platform Bought for $2.9 Billion
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 09, 2025 05:55

Coinbases Major Acquisition: Deribit Options Trading Platform Bought for $2.9 Billion

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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Binance Founder CZ Appeals to Trump for Pardon of Money Laundering Conviction
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 08, 2025 05:55

Binance Founder CZ Appeals to Trump for Pardon of Money Laundering Conviction

Changpeng Zhao (CZ), the CEO of Binance, has requested former President Donald Trump for a pardon. In a recent interview, CZ mentioned that he had reached out to Trump’s team to seek a pardon before the former president left the office. According to CZ, he made the pardon request in an attempt to resolve pending [...]

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Report on Metas Investigation into Stablecoin Integration for Payouts
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 09, 2025 05:55

Report on Metas Investigation into Stablecoin Integration for Payouts

Meta, formerly known as Facebook, is reportedly investigating the integration of stablecoins into their platform for payout purposes. This development could potentially revolutionize the way users conduct transactions and process payments within the Meta ecosystem. Stablecoins, a type of cryptocurrency pegged to a stable asset such as the US dollar, have gained popularity in recent [...]

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Doodles NFT Sales Skyrocket by 97% in Anticipation of DOOD Token Airdrop
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 09, 2025 05:55

Doodles NFT Sales Skyrocket by 97% in Anticipation of DOOD Token Airdrop

The popularity of Doodles NFTs is skyrocketing as sales have increased by a whopping 97% leading up to the Dood Token airdrop. The surge in demand for these unique digital assets is attributed to their scarcity and collectible nature. With the upcoming Dood Token airdrop on the horizon, collectors and investors are flocking to secure [...]

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New Features Added in Ethereum Pectra Upgrade: When Will ETH Price Respond?
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 08, 2025 05:55

New Features Added in Ethereum Pectra Upgrade: When Will ETH Price Respond?

The recent Ethereum Pectra upgrade has introduced fresh features to the popular blockchain platform. Users are excited to see how these changes will impact the value of ETH. The question on everyone’s mind is: when will we see a reaction in the price of Ethereum? The Ethereum Pectra upgrade promises to enhance the overall performance [...]

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