Blockchain has a role to play in countering the ill effects of AI
Cryptocurrencies struggle to interact with regulatory and financial systems that were not designed for them, but they complement AI. Go to Source
Month: June 2024
Colosseum raises $60M to support Solana’s hackathon teams
The capital will fund pre-seed investments for teams accepted into Colosseum’s Accelerator program. Go to Source
Bitcoin taps $62K as 6% BTC price rebound runs into stubborn US dollar
BTC price recovers from seven-week lows, but Bitcoin is not the only asset attempting to break higher. Go to Source
Sealana Presale Ends Today: Last Chance To Buy Tokens Are Analyst Predicts It Could 10X
It’s the last chance for investors to buy Sealana ($SEAL) at presale, with the campaign ending June 25 at 6 PM UTC. The presale has been a roaring success, raising over $5 million in funding and garnering industry-wide support. Following the presale, investors will be airdropped their share of presale tokens, and $SEAL will be … Read more
BNB Chain Dedicates $900K Liquidity Pool to Support Meme Coin Ecosystem
BNB Chain has announced a new initiative called “Meme Heroes” to support the growth of meme coin projects. The company will allocate $900,000 for liquidity pool (LP) support, extending its commitment of $1 million to accelerate meme coin innovation on BNB Smart Chain (BSC). All revenue generated from these LPs will be reinvested back into … Read more
From $3 Billion to $2.83 Billion: German Government Transfers Another Cache of Bitcoin
According to data from Arkham Intelligence, since Jun. 23, 2024, the German government has moved 820 BTC, valued at slightly above $50 million. A substantial portion of these funds was directed to the centralized cryptocurrency exchanges Kraken and Coinbase. Bitcoin Wallet Linked to German Police Stirs Concerns A bitcoin wallet, reportedly linked to the German … Read more
New wave of GameFi projects are costing millions of dollars to develop
Players are increasingly demanding greater playability and interactions that allow them actually to enjoy the Web3 games they play. Go to Source
Ongoing Withdrawals Challenge US Bitcoin ETFs, Nearly $175M Exited Monday
At the start of the week, U.S. spot bitcoin exchange-traded funds experienced their seventh consecutive day of net outflows, losing $174.45 million during Monday’s trading session. Grayscale’s Bitcoin Trust (GBTC) was impacted most, seeing approximately $90 million in outflows. GBTC Leads Outflow as Bitcoin ETFs See Continued Decline On Monday, another day of outflows hit … Read more
54% of institutional investors in Japan plan to invest in crypto: Survey
54% of Japanese institutional investors plan to invest in crypto over the next three years, citing portfolio diversification and high return potential as key drivers. Go to Source
Crypto game rewards not ‘crucial,’ Farmville creator makes case for beta releases: Web3 Gamer
Farmville creator defends game beta releases, and crypto game rewards are not a “crucial” component according to Sam Saliba: Web3 Gamer Go to Source
