SFC reportedly held discussions with the country’s crypto ETF issuers about providing staking services via licensed platforms Source: https://cointelegraph.com/news/hong-kong-sfc-ether-staking-etf-issuers
Month: May 2024
VCs dump $125M into new AI music platform — Can we all become beat makers?
Will we all soon be able to produce high-quality beats? VC investors seem to think this is the case as millions are poured into new AI music creation platform Suno. Source: https://cointelegraph.com/news/suno-ai-music-platform-raises-125m
Bitcoin Difficulty Rises 1.48% Reaching 84.38 Trillion at Block 844,704
Bitcoin’s mining difficulty increased by 1.48% at block height 844,704, reaching 84.38 trillion. This adjustment aligns with Bitcoin’s overall hashrate exceeding the 600 exahash per second (EH/s) mark. Bitcoin Network Difficulty Increases by 1.48% On May 23, 2024, at block 844,704, the difficulty adjusted from 83.14 trillion to 84.38 trillion. This rise follows a 5.62% […] Source: https://news.bitcoin.com/bitcoin-difficulty-rises-1-48-reaching-84-38-trillion-at-block-844704/
Can Ethereum ETFs thrive without staking amid SEC scrutiny?
Regulatory concerns force Ether ETF issuers to abandon staking plans, sparking conflicting community views and discussions on investor appeal. Source: https://cointelegraph.com/news/ethereum-etfs-sec-pressure-staking
Court ruling dismantles would-be Bitcoin creator Craig Wright’s false claims
Following a protracted legal battle, a U.K. court has methodically broken down Craig Wright’s mountain of fabricated evidence and assertions regarding his true identity. Source: https://cointelegraph.com/news/court-bitcoin-craig-wright-satoshi
Little Known Meme Coin CorgiAI Up 60%, Flips Pepecoin and Memecoin
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports A relatively unknown meme coin, CorgiAI, has become the eighth largest meme coin by market cap according to CoinGecko. The token flipped Pepecoin, Memecoin, and TRUMP…
Grayscale Launches Trusts for Bitcoin Layer-2 Stacks, Near Protocol
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Asset manager Grayscale unveiled two new investment trusts on Thursday, offering certain investors exposure to the Bitcoin layer-2 Stacks and Near Protocol, respectively. Limited to accredited…
QCP Capital Predicts 60% Rally With Imminent US Approval of Spot Ethereum ETFs
Crypto asset trading firm QCP Capital has forecasted a potential 60% increase in the price of ether, projecting it could surge to around $6,000 if the U.S. approves spot ethereum exchange-traded funds (ETFs). The prediction coincides with a significant increase in market volatility and intense anticipation leading up to the ETF approval deadline. Notably, major […] Source: https://news.bitcoin.com/qcp-capital-predicts-60-rally-with-imminent-us-approval-of-spot-ethereum-etfs/
Hong Kong central bank studies AI's impact on banking jobs and skills
HKMA deputy chief executive Arthur Yuen said that enhancing employees’ skills would allow them to “coexist with technology in the AI era.” Source: https://cointelegraph.com/news/hong-kong-central-bank-ai-impact-banking-jobs
River Protocol Takes on Slack, Discord With Messaging Apps on Ethereum L2 Base
With big tech companies like Google and Meta pumping potentially unwanted AI features into their messaging platforms, there is a growing call for decentralized and encrypted alternatives that don’t rely on the centralized heavyweights. One company that aims to provide this service is Here Not There Labs, creator of the Towns social app and the newly launched River Protocol. River…