Vivek Ramaswamy, a top supporter of Donald Trump thinks its high time Vice President Kamala Harris took a crypto stand. The 39-year-old American entrepreneur and Republican party member says the VP owes it to the crypto community members who needs to know her potential policies on digital assets and the SEC’s future. Kamala Harris to […]
Optimism Announces Superchain Interoperability: The Future of Cross-Chain Transactions and Token Standards
TL;DR Optimism plans to introduce native interoperability for its Superchain in 2025, facilitating transactions across ecosystem networks. The new native interoperability aims to address current issues of cost and slowness, enhancing user experience by making it feel like operating across multiple networks is like working with a single blockchain. OP will include universal token standards, […]
Bitcoin Investors Again Show Extreme Fear As BTC Slips To $59,000
Data shows the Bitcoin market sentiment has taken to extreme fear again as the asset’s price has seen a retrace to the $59,000 mark. Bitcoin Fear & Greed Index Suggests Market Now Extremely Fearful The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment that’s currently present […]
Crypto Startups See Funding Rise but Deal Count Falls: What’s Impacting the Digital Asset World?
TL;DR Cryptocurrency startups received $2.7 billion in venture capital investments in the second quarter of 2024, a 2.5% increase compared to the first quarter. The number of deals closed decreased by 12.5% from the first quarter, showing a notable cooling in investment activity. Investments have been primarily focused on infrastructure projects, while consumer-oriented applications have […]
Elon Musk Faces EU Probe Over AI Training In Austria
Elon Musk’s social media platform, X, is facing an investigation in Austria over alleged violation of the data privacy law through the use of personal data for AI training. The Austrian privacy NGO NOYB, directed by Max Schrems, has filed a complaint before the Austrian authorities for breach of the EU’s strong privacy rules. This […]
Just-In: US SEC Cracks Down On NovaTech Over $650M Crypto Scam
According to a recent update, the US SEC has charged NovaTech and its leaders over a $650 million crypto scam. The major crackdown on crypto fraud highlights growing regulatory scrutiny in the cryptocurrency market as authorities push to protect investors from fraudulent activities. The charges appear to be a part of a broader effort to […]
US DOJ Accused Of Political Persecution By Pro-Bitcoin Trump, Is SEC Next?
Pro-Bitcoin Republican presidential candidate Donald Trump continues to target the politicization of government agencies in the United States. In a new development, Trump set to bring a lawsuit against the U.S. Department of Justice (US DOJ), seeking $100 million in damages. Donald Trump Targets US DOJ Ahead Election Former US President Donald Trump to sue […]
Ion Protocol Secures $7M: Nucleus Aims to Solve Yield Issues for Rollups and Appchains
TL;DR Ion Protocol secures $7 million to develop its Nucleus platform, aimed at improving monetization for rollups and appchains. Nucleus will enable networks to offer native yields for assets backed by ETH, BTC, and USD, incentivizing deposits and maximizing the value of bridged assets. The platform addresses a common limitation of Ethereum rollups by providing […]
Aleph Zero Launches Its EVM-Layer on Mainnet
Zug, Switzerland, 12th August 2024, Chainwire
Crypto Analyst Reveals Best Altcoins To Buy After This Crash
In the wake of the market crash of recent weeks, crypto analyst Michaël van der Poppe has provided an analysis of the trajectory of Bitcoin and its impact on altcoins. His remarks centered around Bitcoin dominance and the readiness of the altcoin markets, especially in sectors like Artificial Intelligence (AI) and decentralized finance (DeFi), for […]