Illya Sutskever said he’s leaving OpenAI for a “personally meaningful” project, and research director Jakub Pachocki is now taking over the role.

TL;DR Alexey Pertsev, developer of Tornado Cash, has been found guilty of money laundering and sentenced by a Dutch court. The sentence of over five years in prison for Pertsev raises concerns about the persecution of developers of decentralized technologies. The sentence sends a warning to cryptocurrency developers and users worldwide. In an unfortunate turn […]

Salim Ramji, a former executive at Blackrock renowned for his leadership in Ishares and Index Investments, and for overseeing the filing for Blackrock’s Ishares Bitcoin Trust, has been appointed the new CEO of Vanguard, signaling a potential shift in the asset management firm’s stance on cryptocurrencies. Ramji, set to replace Tim Buckley on July 8, […]

Can top coins keep rising until end of week?

In an analysis of the current landscape at the nexus of artificial intelligence and altcoins, crypto analyst Prithvir (@Prithvir12) recently shared insights via X that highlight both the opportunities and pitfalls in the AI coin market this month. His analysis covers upcoming AI catalysts, their impact on specific tokens, and personal investment recommendations, shedding light […]

Tornado Cash developer Alexey Pertsev has been sentenced to 64 months in jail for laundering billions of dollars, according to a new Dutch court press release. The Netherlands’ Oost-Brabant district court handed down the sentence Tuesday for his involvement in creating the Ethereum (ETH)-based coin mixing system that helps users obfuscate their digital assets. Says […]

North Korea’s cyberwar on South Korea has intensified, with Lazarus Group – one of the world’s largest hacking groups – being responsible for ~16% of all lost funds in 2023. A potential associate group, Kimsuky, has also been actively targeting South Korean crypto software developers. The criminals use malware called “Durian” to gain backdoor access […]

Memecoins ran hot to start 2024, with projects like BONK, Pepe and Dogwifhat recording significant gains. The catalyst behind GME’s infamous 2021 short squeeze, Roaring Kitty, has returned to the scene after a three year hiatus. His comeback immediately pushed the price of several stocks and cryptocurrencies up, including GME (both the crypto and regular […]

May 2024 Crypto Investment Spotlight: Solana’s Rebound, Filecoin’s Growth, And BlockDAG’s Strategic Success Inside the dynamic world of cryptocurrencies, savvy investors are constantly scouting for promising projects. This month, the spotlight is on Solana’s promising rebound, Filecoin’s significant ecosystem expansion, and BlockDAG‘s strategic success on the global stage, highlighted by its recent listing on CoinMarketCap […]

Bitcoin has continued to gain mainstream adoption, with major corporations and top industry dogs incorporating the digital asset into their long-term financial strategies. Metaplanet, a Japanese investment and consulting company listed on the Tokyo Stock Exchange, is the most recent firm to make such a remarkable move. Metaplanet Makes Bitcoin Reserve Asset According to an […]

Interactive Brokers (Nasdaq: IBKR) has expanded its offerings on its platform in the United Kingdom by launching cryptocurrency trading. Investors, both individuals and institutional, onboarded under the brokerage’s UK entity can now trade four cryptocurrencies: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Expansion of Crypto Trading Announced today (Wednesday), the US-headquartered broker has introduced crypto services […]

Today, the State of Wisconsin Investment Board (SWIB) has revealed its substantial investments in Bitcoin Exchange-Traded Funds (ETFs) through a recent filing with the Securities and Exchange Commission (SEC). According to the filing, SWIB holds nearly $100 million worth of BlackRock’s spot Bitcoin ETF (IBIT). JUST IN: 🇺🇸 State of Wisconsin Investment Board discloses it […]

President Biden Blocks Chinese Bitcoin Mine. On May 14, President Joe Biden issued a directive prohibiting a Chinese-backed cryptocurrency mining …

Degen Chain says it’s working to resolve an issue that has seen its network stop producing blocks for more than two days.

Timing of transaction has sparked speculation

On Monday, popular internet figure and trader “Roaring Kitty” made a surprise comeback to social media that sent the crypto market into shock and excitement. His return post was followed by a series of cryptic videos, including catsm, which seemingly fueled a price increase for cat-themed memecoins in the past 24 hours. Memecoin Frenzy And […]

Uniswap Labs chief executive Hayden Adams is warning Democrats that their anti-crypto agenda could cost them dearly in the November 2024 US presidential election. Adams, who invented the decentralized crypto exchange (DEX) Uniswap (UNI), tells his 286,100 followers on the social media platform X that Democrats are making a political miscalculation when it comes to […]

A global prediction market platform has raised $70 million in funding from prominent investors as the 2024 US Presidential Election looms. According to a new press release, Peter Thiel’s Founder’s Fund, Ethereum (ETH) founder Vitalik Buterin and others have invested $70 million in the betting platform Polymarket. Founders Fund led the $45 million Series B fundraising efforts, joined by […]

TL;DR Rune Etchings Plummet: The once-promising surge in Rune Etchings on the Bitcoin network has dramatically declined. Over the past six days, daily new Rune etchings dropped below 250, with only 157 Runes etched on Monday—a staggering 99% decrease from the late April peak. Rise and Fall of Rune Protocol: Initially, the Rune protocol experienced rapid growth, […]

In a landmark move, Wisconsin has become the first U.S. state to invest in bitcoin, underscoring the growing institutional interest in cryptocurrencies. The State of Wisconsin Investment Board, which manages over $156 billion in assets, purchased 94,562 shares of Blackrock’s Ishares Bitcoin Trust, worth nearly $100 million, and also acquired shares of Grayscale’s Bitcoin Trust […]

To enhance financial services for customers across the UK and European Economic Area (EEA), OpenPayd, an embedded finance and Banking-as-a-Service (BaaS) platform, has announced a strategic partnership with Wirex, a Web3 money app. This collaboration aims to fortify easy, fast, and secure payment solutions. Forging Alliance for Virtual IBAN Payments Under the newly forged partnership, […]

Founders: Roy Sheinfeld, Roei Erez and Yaacov Slama Date Founded: 2018 Location of Headquarters: Remote Amount of Bitcoin Held in Treasury: Dozens held in Breez Lightning nodes Number of Employees: 11 Website: https://breez.technology/ Public or Private? Private Roy Sheinfeld says the time for orange pilling is through. Sheinfeld, one of the three founders of Breez, […]

Polkadot’s community approved a network upgrade to improve smart contract functionality and developer accessibility. Pop Network offers an ink!-enabled parachain with easy APIs, simplifying the creation of cross-chain applications using DOT. Despite Polkadot’s innovative technology, its DOT token struggles in the market, currently down 88% from its all-time high of US$55. Polkadot has just made […]

Prominent banks like UBS, BNP Paribas, and the Bank of Montreal are investing in Spot Bitcoin ETFs, with BMO holding four ETFs worth US$6.3 million. The State of Wisconsin Investment Board (SWIB) allocated nearly US$141 million to Bitcoin-related funds, including BlackRock’s iBIT and Grayscale Bitcoin Trust. Institutional investments from conservative entities like pension funds could […]

BlockDAG Leads Cryptocurrency Innovation, Surpassing Ripple And Arbitrum’s Market Moves Within the dynamic world of cryptocurrencies, platforms such as Arbitrum, Ripple, and BlockDAG are capturing the attention of investors. Arbitrum continues to excel within Ethereum’s Layer 2 solutions, while Ripple manages challenges from ongoing legal proceedings. Amid these developments, BlockDAG stands out with its ambitious […]

Bitcoin is likely to remain within the current trading range until a more favorable macroeconomic environment arises. Taking into account the current market conditions, such as profit margins, leverage, and the distribution of coin ages, the landscape suggests a more expressive rally within this cycle. The target for CryptoQuant’s analyst stands at around the anticipated […]

Crypto investors have flocked to unofficial GameStop memecoins because they’re jumping on any “sign of hope they can,” say traders.

Breathing in a renewed aura of anticipation, the cryptocurrency realm is witnessing an intriguing turn of events. Astute investors appear less …

A widely followed cryptocurrency analyst and trader believes Bitcoin (BTC) is gearing up for a big bounce. The analyst pseudonymously known as Credible Crypto tells his 393,300 followers on the social media platform X that Bitcoin could reclaim the $68,000 level within days. “Not much has changed here folks, but lots of alts are now […]

One US state is revealing large holdings in two significant Bitcoin (BTC) trusts. New 13-F Filings with the U.S. Securities and Exchange Commission (SEC) reveal that The State of Wisconsin Investment Board has BTC exchange-traded fund (ETF) holdings with Blackrock’s iShares Bitcoin Trust (IBIT) and Grayscale’s Bitcoin Trust (GBTC) totaling near $163 million. IBIT and GBTC are the top two Bitcoin-based ETFs by trading […]

xAI Founder Elon Musk reacts to recent news about OpenAI and Stack Overflow deal

Shiba Inu is up by 7% in the past 24 hours amidst an uptick in the meme coin market, coming ahead of Dogecoin at this time. The meme coin niche has witnessed a strong resurgence in the past day, with the entire niche up by 7.82%. Shiba Inu has particularly done well and witnessed a […]