According to stablecoin transfer volume metrics divided by blockchain, Solana’s daily transfer volume has decreased from a range of $75 billion to $100 billion daily to around $7 billion daily. Additionally, a crypto advocate expressed doubts about the legitimacy of Solana’s previous stablecoin transfer volumes, indicating that the metrics were highly overstated. Stablecoin Metrics Reveal […] Source: https://news.bitcoin.com/solanas-stablecoin-transfer-volume-drops-drastically-amid-scrutiny/
Month: June 2024
Bitcoin Staking Layer 1 Core Now Has a Fund Tracking Its Token
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 The first exchange-traded product (ETP) for CORE, the native token of the Bitcoin layer-1 blockchain Core, is launching on the Sweden’s Spotlight Stock Exchange. The new…
Why Decentralized AI is Incomplete Without TEEs
As the demand for more secure and efficient artificial intelligence (AI) computing grows, decentralized AI (DeAI) will become an increasingly vital component of AI infrastructure. But in order to realize its full potential, a new whitepaper argues, DeAI will need to integrate the technology of Trusted Execution Environments (TEEs). “As the demand for more secure and efficient AI computing grows,…
Investor shares story of falling victim to $100K crypto hack
“I thought that my heart would stop,” said Matthias Mende as he told Cointelegraph how he felt when he realized he lost $100,000 in crypto assets to a hacker. Source: https://cointelegraph.com/news/investor-hacked-crypto-assets-100k
The Week in Polkadot: Community Gears Up for Polkadot Decoded
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 Welcome to Decrypt’s Week in Polkadot, our regular round-up of the latest developments in the Polkadot ecosystem. Polkadot Decoded is almost here Billed as the biggest…
Bitcoin Selling Pressure From BTC Miners Has Finally Eased: Analyst
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 New research from CryptoQuant indicates a significant decrease in the selling pressure from Bitcoin miners, suggesting a potential upward trend for BTC and the broader market…
39% Chance of Dropping Out — Joe Biden’s Debate Stumbles Fuel Prediction Market Betting
Following the initial 2024 U.S. Presidential Debate, prediction market wagers on whether incumbent Joe Biden will withdraw have seen a significant increase in activity. The likelihood of Biden stepping down and being substituted has risen notably. Betting Markets React to Joe Biden’s Unintelligible Statements and Performance On Thursday, CNN broadcasted the 2024 U.S. Presidential Debate […] Source: https://news.bitcoin.com/39-chance-of-dropping-out-joe-bidens-debate-stumbles-fuel-prediction-market-betting/
Nigeria’s SEC boss says crypto can aid 38M unbanked
Agama noted that cryptocurrencies like Bitcoin can greatly lower remittance costs, making it easier and cheaper for Nigerians abroad to send money home. Source: https://cointelegraph.com/news/nigeria-sec-crypto-benefits-unbanked
Egyptian Fintech Startup Connect Money Secures $8 Million Seed Funding
Connect Money, an Egyptian fintech startup, recently secured $8 million in seed funding. The company plans to launch new business verticals using this investment. Connect Money aims to become the go-to platform for businesses seeking seamless banking services. Successful Capital Raise Demonstrates Investors’ Confidence in Connect Money Egyptian banking-as-a-service fintech startup Connect Money recently closed […] Source: https://news.bitcoin.com/egyptian-fintech-startup-connect-money-secures-8-million-seed-funding/
Crypto platform Yield App shuts down citing FTX losses
Yield App halts operations, citing losses from FTX exposure, despite previous assurances of no significant impact. Source: https://cointelegraph.com/news/yield-app-liquidates-blames-ftx-losses