Technology conglomerate Alphabet has expanded the Google for Startups Cloud Program. As of Apr. 25, the program now includes Web3 firms such as Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana, and thirdweb. The same day, blockchain analytics firm Nansen announced that it has partnered with Google Cloud to provide real-time blockchain data for startups. Its database currently…
Month: April 2023
DJs Steve Aoki, 3LAU Reveal First Single as ‘Punx’ NFT Duo
Electronic musicians Steve Aoki and Justin “3LAU” Blau have announced their first track as the CryptoPunks-inspired duo, Punx. “Concentrate,” which releases this Friday, draws inspiration from the CryptoPunks’ roots as one of the first prominent NFT collections. “We really wanted the first song to sort of embody the spirit of what CryptoPunks represent—underground, kind of the first of their kind,…
EU data watchdog warns of ‘hell on Earth’ scenario for US AI companies
Europe’s data watchdog, Wojciech Wiewiórowski, predicts a sour predicament for United States-based artificial intelligence (AI) companies currently being investigated for alleged GDPR violations. “The breathless pace of development means data protection regulators need to be prepared for another scandal,” Wiewiórowski told MIT’s Technology Review during a recent interview, invoking the Cambridge Analytica scandal for reference. Wiewiórowski’s comments come after a…
A ‘Subset’ of Creditors Walked Away From Genesis Deal: DCG
Digital Currency Group (DCG), the parent company of collapsed crypto firm Genesis, said it couldn’t provide an explanation as to why a group of Genesis creditors decided to backpedal on the earlier settlements, but “remains committed to reaching a fair outcome” for all its creditors. “While it is difficult to understand the rationale given the limited engagement from Genesis creditors…
Bitcoin price can ‘easily’ hit $20K in next 4 months — Philip Swift
Bitcoin (BTC) is done with its bear market, but the coming months may see a return to $20,000. That is the outlook for Philip Swift, a veteran Bitcoin market analyst who co-founded trading suite Decentrader and data resource Look Into Bitcoin. In his latest interview with Cointelegraph, Swift takes a look at what the near to long-term future holds for…
Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31 – Altcoins Bitcoin News
While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023. Four of the top five stablecoins experienced net redemptions over the last 30 days, except for tether, which grew by 2.3% during that time. Four of the Top Five Stablecoins…
Global impact of a Bitcoin soccer club: Decentralize with Cointelegraph
This week’s episode of the Decentralize with Cointelegraph podcast takes a deep dive into Bitcoin (BTC) in Bedford. A Bitcoiner from the English town near London is turning heads and raising his town’s profile after buying his local soccer club, Real Bedford. Peter McCormack, who took the No. 38 spot on Cointelegraph’s 2023 Top 100, hosts a Bitcoin podcast and is an…
Arbitrum Airdrops $120 Million in ARB to DAOs
Ethereum scaling solution Arbitrum has distributed $120 million worth of ARB tokens allocated to decentralized autonomous organizations (DAOs) within its ecosystem. Leading Ethereum analytics firms like Nansen, Arkham, and LookOnChain reported around 100 million ARB transfers to addresses of eligible protocols. The initial amount allocated toward 125 DAOs is 113 million ARB tokens, worth around $148 million at current prices.…
MATIC Slides to 6-Week Low, as SOL Extends Declines – Market Updates Bitcoin News
Polygon fell to a six-week low on Tuesday, with sentiment in cryptocurrency markets remaining bearish. The price plunged as consumer confidence in the United States fell by more than expected, coming in at a reading of 101.3 in April. Solana also slipped, hitting a two-week low. Polygon (MATIC) Polygon (MATIC) dropped to a six-week low on Tuesday, as sentiment in…
Bitcoin price hits new record high in Argentina
Last week, the price of Bitcoin (BTC) reached a record high in Argentine Pesos (ARS) terms following persistent inflation in Argentina. Argentina’s inflation pushes BTC price to all-time high On April 18, the BTC-to-ARS exchange rate crossed over 6.59 million ARS, according to aggregated price data tracked by Google Finance. Since the peak, the rate has corrected to around 6 million…