For every genuine blockchain project harnessing artificial intelligence in an attempt to create a better world — like Dr Ben Goertzel’s Singularity.net — there are 100 coins like AI Doge that have simply wedged the hyped-up terms “AI” and “Crypto” together to flog tokens. “Those are just fundamental buzzwords,” explains Near blockchain founder Illia Polosukhin, who worked on the groundbreaking…
Month: November 2023
Mainstream approval critical for blockchain games — Gaming execs
Web3 game developers have been battling to gain the attention of mainstream audiences for years, and according to three former gaming executives, that market is essential for the industry’s future. Video games have become a favorite pastime for a lot of people all over the world and have even evolved into a sport. Overall, there are more than three billion…
Bybit Woos Holders of Rival Crypto Cards With Rewards Program
Cryptocurrency exchange Bybit has launched a new rewards program for its Bybit Card, aimed at onboarding holders of other crypto cards. The reward program offers the first 10,000 users up to €25 in card bonuses for crypto card holders who make the switch to Bybit Card. Upon applying for a Bybit Card through the landing page, users will receive €10…
Binance-linked HKVAEX still preparing to apply for license in Hong Kong
Hong Kong cryptocurrency exchange HKVAEX has not applied for a virtual asset trading platform license with Hong Kong’s Securities and Futures Commission (SFC), a spokesperson for HKVAEX has said. Amid multiple reports erroneously suggesting that HKVAEX has applied for an SFC license, the HKVAEX representative claimed the crypto exchange is yet to submit an application. “We are still preparing for…
OKX launches crypto exchange, wallet services in Brazil
The cryptocurrency exchange and Web3 developer OKX announced the expansion of its services for users in the Brazilian market with a local crypto exchange and Web3 wallet platform. On Nov. 27, the company said it is focusing on providing a gateway to decentralized finance (DeFi) and crypto trading with Brazilian Real fiat-on ramp capabilities. Guilherme Sacamone, the general manager of OKX…
Terra Ecosystem’s LUNA, LUNC Surge By Double-Digits
Terra ecosystem coins LUNA and Terra Luna Classic (LUNC) have surged by double-digits over the past day. Per data from CoinGecko, LUNA is up 19.1% on the day to trade at around $0.83 at time of publication, while LUNC is up by a massive 39.6% in the past 24 hours, currently trading at $0.00011267. The price rally comes on the…
BTC price eyes $40K amid record hash rate — 5 things to know in Bitcoin this week
Bitcoin on-chain data is pointing to “up only” as BTC price action fights to eke out an uptrend below fierce resistance near $40,000. Source: https://cointelegraph.com/public/index.php/news/btc-price-40k-record-hash-rate-5-things-bitcoin-this-week
$750M in locked crypto tokens to be released by December
Around $750 million of vested digital assets are scheduled to be unlocked and released into the markets this coming December. Among the projects releasing locked tokens, decentralized exchange (DEX) dYdX will unlock the largest amount. The exchange is expected to unlock 150 million tokens vested for investors, founders and employees in December. The tokens are worth almost $500 million at…
ATOM Slips 4% as Founder Pushes for Cosmos Fork After Inflation Vote
Following the passing of a community vote to slash inflation on the Cosmos Hub’s native token ATOM to 10%, founder Jae Kwon has called for a hard fork of the cryptocurrency. The rift in the Cosmos community has seen the price of ATOM slip by 4% in the past day, to its current value of $9.29, per CoinGecko. Proposal 848…
BTC price eyes $40K amid record hash rate — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week keeping traders guessing near its highest levels in 18 months — what’s next? BTC price action has held higher after spiking above $38,000 last week, but since then, a testing “micro-range” has left bulls and bears locked in battle. Whether a deeper retracement will come or a trip to $40,000 will leave naysayers behind…