The artificial intelligence (AI) market is becoming one of the fastest-growing industries in the world. According to market research firm Next Move Strategy Consulting, the current AI market is valued at nearly $100 billion and is projected to grow exponentially. Given this, it comes as no surprise that chatbots using AI are also on the rise. Recent findings from Precedence…
Institutional crypto trading fell apart after a series of high-profile U.S. bank failures in March, according to blockchain intelligence platform Chainalysis. According to the firm’s latest report on North American crypto activity, “institutional” transaction volume – defined as transactions worth over $10 million – nosedived starting in April 2023, while smaller “professional” and “retail” trading activity “remained constant.” “Crypto activity…
Let’s dive into the evolution of DEXes as we explore the shift from automated market makers (AMMs) to the time-tested order book model. We must understand the inherent advantages and challenges of each approach, and discover how UTXO-based blockchains can reshape the trading landscape and bridge the gap between traditional finance and the dynamic world of crypto. Quick takes DEXes…
Reddit’s r/Cryptocurrency community has fired two moderators who were found to be involved in insider trading of the Moon token, Cointelegraph has confirmed. As Cointelegraph reported on Oct. 20, at least three wallets linked to Reddit group moderators dumped hundreds of thousands of dollars worth of Moon tokens on Oct. 18, just minutes before the official announcement of the closure…
The SEC has already dismissed charges against Ripple CEO Brad Garlinghouse and executive chair Chris Larsen, while the retail XRP sale ruling also went against … Source: https://cointelegraph.com/app/public/index.php/news/sec-3-14-per-cent-chance-success-ripple-appeal-lawyers-predict
Blockaid, an Israel-based Web3 security startup, announced raising $33 million today in its latest round. Ribbit Capital and Variant led the round, with participation from Cyberstarts, Sequoia Capital, and Greylock Partners. The capital injection will be used to expand Blockaid’s product offerings, customer base, and team, all aimed at tackling ongoing security challenges within the Web3 space, including fraud, phishing,…
The year-to-date returns of all mining stocks, except for two, have far outpaced Bitcoin’s rise of 84.61%, per CoinGecko data. The two underperforming mining firms? Argo Blockchain and TeraWulf. Still, the average return of the top eleven public mining companies this year is more than double that of Bitcoin, standing at 148.59%. Marathon Digital Holdings and Cipher Mining lead the…
Blockaid, a blockchain security startup and partner of the MetaMask cryptocurrency wallet, has secured $33 million funding to scale its technology designed to stop malicious transactions. The Series A funding round for Blockaid was led by major industry venture capital firms, including Coinbase investor Ribbit Capital and the early-stage VC firm Variant. Other funding members included Sequoia Capital, Cyberstarts and…
Investments into institutional crypto products were positive for the fourth consecutive week, according to a new report by CoinShares. Products analyzed in these reports aren’t direct crypto holdings, but rather exchange-traded products that track cryptocurrencies offered by Grayscale, 21shares, and Proshares, among others. Last week, the total investment amounted to $66 million, with the lion’s share of 83.7%, or $55.3…
Thailand’s planned digital wallet scheme that intends to payout 10,000 baht (~$274) to citizens over 16 years old has been delayed while critics call for a probe from the country’s electoral commission. As originally reported by the Bangkok Post, Thailand’s deputy finance minister Julapun Amornvivat announced that the planned Feb. 2024 launch of a new digital wallet has been delayed to…
