Market Update: CoinDesk 20 Index CoinDesk 20 Market Update The CoinDesk 20 Index shows a noticeable uptick, currently sitting at 2795.83, which reflects a 3.2% increase, equal to 86.05 points, since the previous day at 4 p.m. ET. Performance Highlights All twenty assets within the index
SEC Dismisses Case Against Coinbase SEC Withdraws Legal Action Against Coinbase After a lengthy legal confrontation, the U.S. Securities and Exchange Commission (SEC) has decided to cease its proceedings against Coinbase, marking a pivotal moment for the cryptocurrency industry in federal courts. The U.S.-based crypto exchange had
Crypto and Blockchain Firms Unite for Open AI Initiative Crypto and Blockchain Giants Collaborate for AI Services An impressive coalition of leading crypto and blockchain companies has come together to offer open access to artificial intelligence (AI) services by leveraging their shared infrastructure. Formation of Open Agents Alliance (OAA) This
Innovation at Consensus Hong Kong Hackathon Pioneering the Future of Web3 at Consensus Hong Kong Hackathons have become an essential element of successful cryptocurrency conferences, serving as a stage for innovative Web3 projects and ideas that could shape the industry's future. The recent Hackathon in Hong Kong, orchestrated
CoreWeave's Ambitious IPO Plans CoreWeave Targets Major Public Listing In a strategic move, AI cloud computing company CoreWeave intends to enter the public market in the United States imminently. A recent report indicates that the company aims to file for a public listing within the next week. Raising
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Bitcoin's Tumbling Price Raises Questions Bitcoin's Plunge: A Dilemma for Investors Two conflicting investment strategies seem relevant in light of the recent dramatic changes in bitcoin's (BTC) market value. Should one "buy when there is blood in the streets," or is it
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Insurance Coverage Secured for Blockchain-Based Risks Team Rizzo Secures $25 Million Insurance for Blockchain Operations Team Rizzo, known for its ventures in machine learning and staking validator services on the cryptocurrency-driven AI platform Bittensor, has arranged $25 million in insurance protection to safeguard against hacker attacks. This coverage is facilitated
Avalanche Foundation Launches New Crypto Credit Card Avalanche Foundation Launches Visa Crypto Card The non-profit organization behind the Avalanche blockchain, the Avalanche Foundation, has announced that its eagerly awaited Avalanche Card is now operational. This Visa credit card allows users to make purchases using cryptocurrency. Partnership with Rain This innovative
Crypto Investment Strategies Evolve Investment Approaches in the Crypto Sphere Advance In recent times, the narrative surrounding cryptocurrency investment has shifted significantly. Conversations now focus less on their viability and more on how to strategically allocate investments within the crypto realm. Institutional investors have moved past preliminary trials with bitcoin
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Bitcoin Mining Challenges Looming in 2028 Bitcoin Miners Facing Future Challenges Bitcoin miners utilizing power from grid-tied energy sources may encounter significant challenges following the looming 2028 halving event, as per MARA Holdings' recent communication to shareholders. The letter foreshadows a grim future for those still dependent on grid
Blackbird Launches Flynet Mainnet Blackbird Brings Restaurant Payments On-Chain with Flynet Mainnet Blackbird, the innovative platform that enhances restaurant loyalty, has launched Flynet Mainnet, creating new opportunities for restaurant payments to go on-chain. This development was announced on Thursday. Ben Leventhal, who previously co-founded companies such as Resy and Eater,