Bookmarking Crypto Insights
Chris Dixon, Managing Partner at Andreessen Horowitz (A16z) Crypto, announced that the firm is leading a $15 million seed round in Poseidon, a company focused on building a decentralized data layer to coordinate supply and demand for artificial intelligence (AI) training data. As the availability of high-quality data for training AI models has diminished, Poseidon … Read more
OpenAI expands Stargate with Oracle to surpass 5 GW of AI power, while Elon Musk outlines plans for xAI to deploy 50 million H100-scale units in 5 years. Go to Source
Bitcoin profit-taking may be inadvertently revealing the next “local bottom” for BTC price, new analysis suggests. Go to Source
1inch co-founder Sergej Kunz told Cointelegraph that DeFi’s user experience, wider collateral range and optimized fees give it an edge over TradFi in the lending race. Go to Source
Though modest compared to 2022 levels, the latest spike in Ozzy Osbourne’s CryptoBatz NFTs could signal an NFT market rebound. Go to Source
Wisdomtree has officially launched its own stablecoin, USDW, as part of a broader strategy to establish a full-stack stablecoin business catering to both retail and institutional users. USDW, a U.S. dollar-backed stablecoin designed for transactions, is complemented by WTGXX, a tokenized U.S. government money market fund aimed at providing yield. To enhance accessibility, Wisdomtree has … Read more
South Korea’s FSS advises fund managers to limit ETF exposure to crypto firms like Coinbase, citing caution as regulatory rules are still evolving. Go to Source
The pastor claimed that “God told” him to shill INDXcoin, which caused financial losses to at least 300 investors. Go to Source
The FBI has officially dropped its investigation into Kraken founder Jesse Powell and returned dozens of seized devices, including laptops and cellphones, according to Fortune. The investigation, which stemmed from a management dispute with a non-profit organization Powell founded, had no connection to his operations at the cryptocurrency exchange. Powell expressed relief over the conclusion … Read more
Spot Ethereum ETFs notch $533 million in daily inflows, pushing all-time inflows to $8.3 billion amid rising institutional demand. Go to Source
