Daily Archives: Feb 10, 2024

Dydx Foundation Receives $30M From Community Treasury to Propel Strategic Initiatives

This week, the Dydx Foundation revealed it has secured a $30 million allocation from the Dydx Chain Community Treasury. This financial infusion is designated to extend the foundation’s operational capacity by an additional three years, facilitating the execution of...

Craig Wright Denies Forging Documents in High-Profile Bitcoin Lawsuit

In the ongoing court battle over the identity of Bitcoin’s creator, Craig Wright continues to face accusations that he forged documents to support his claim of being Satoshi Nakamoto. However, Wright maintains the documents were faked by others to...

Glassnode Study Signals High-Risk Bitcoin Regime, Hints at Early Bull Market Stage

In the wake of the market’s recovery from the FTX collapse, a notable shift has occurred, pushing bitcoin into a high-risk regime, as indicated by the onchain analysis firm, Glassnode. The firm’s latest report notes that this regime typically...

Court Filing Shows Genesis Settled With NYAG, Aims to End Crypto Lending Platform Dispute

After settling with the U.S. Securities and Exchange Commission (SEC), Genesis Global has reportedly reached an agreement to settle with the Office of the New York Attorney General. The official had accused the company, along with its parent company...

NFT Sales Surge 16.8% This Week, Ethereum Dominates With Top Volumes

This week, sales of non-fungible tokens (NFTs) surged by 16.8% over last week, as per the most recent statistics on digital collectibles. The Ethereum blockchain led the charge among 21 blockchains, capturing the top spot with sales totaling $148.49...

US Senators Slam SEC for Operating in ‘Unethical and Unprofessional Manner’ in Debt Box Case

Five U.S. senators have expressed their concerns to the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, regarding the agency’s enforcement action against crypto firm Debt Box. The court found that the SEC made “materially false...

JPMorgan: 78% of Institutional Traders Surveyed Have No Plans to Trade Crypto

Global investment bank JPMorgan conducted a survey of over 4,000 institutional traders and found that 78% of them have no plans to trade crypto or digital coins, while 12% do. In addition, 61% of traders “predict artificial intelligence/machine learning...

Ethereum to Launch Dencun Upgrade March 13, Introducing ‘Blobs’ for Layer Two Scaling

The Ethereum network is set to roll out the Dencun upgrade, aiming to significantly enhance data storage and transaction efficiency through the implementation of EIP-4844, known as “Proto-Danksharding.” Ethereum Set to Undergo Major Upgrade With Dencun Rollout on March...

Cogwise Surpasses $6 Million in Presale: The Future in Cognitive Enhancement Technology

In a remarkable feat of technological innovation and investor confidence, Cogwise, a pioneering company in the field of cognitive enhancement. The unprecedented achievement of surpassing $6 million in presale funding demonstrates the growing interest in AI-driven solutions within the...

Blockchain-Based Ride Apps Could Restore Confidence in Ride-Hailing Industry, Says Firdosh Sheikh

According to Firdosh Sheikh, the co-founder and CEO of DRIFE, blockchain-based ride-hailing platforms could disrupt and revolutionize the industry, much like Uber and Lyft did to the traditional taxi industry over the past decade. To support this argument, Sheikh,...

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Mike Tyson joins boxing blockchain project

Boxing legend Mike Tyson has partnered with the blockchain venture for boxers Prepared To Battle. In accordance with a press...