UK Ad Rules Apply to Influencers, Crypto Memes, FCA Confirms in New Guidance

The guidance is based on the FCA’s promotions regime, which says that a business should not communicate an “invitation or inducement to engage in investment activity” unless the promotion is communicated by an authorized person or a person with an exemption. This includes influencers who are operating in the “course of business, which could mean they are employed or have a commercial interest in posting the communication, the guidance said. Source

Sui and Revolut Launch Global Partnership to Accelerate Blockchain Education and Adoption – Blockchain News, Opinion, TV and Jobs

Grand Cayman, Cayman Islands, March 27th, 2024, Chainwire Sui, the Layer 1 blockchain that offers industry-leading performance and infinite scaling, proudly announced a landmark collaboration with Revolut, a leading global fintech with over 40 million customers worldwide. The strategic partnership will bolster awareness and adoption of blockchain technology among Revolut’s expansive user base while opening new avenues for Sui’s growth, particularly across Europe. Revolut’s Learn program will serve as an invaluable tool for Sui to educate a relatively untapped global audience of future crypto users at scale about Sui’s underlying…

Will Bitcoin Break $74,000 Driven By TradFi FOMO?

Willy Woo, an on-chain analyst, believes the Bitcoin upswing is far from over. Citing the development in the Bitcoin Macro Oscillator and the possibility of traditional finance jumping on the bandwagon (FOMO), the odds of BTC rallying in at least two strong legs up in the coming session could not be discounted.  On-Chain Data Signals More Upside For Bitcoin In a post on X, Woo remains confident about what lies ahead for the world’s most valuable cryptocurrency. Based on on-chain development, there are indicators that the coin may firmly push higher, breaking…

BOB, a ‘Hybrid’ Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M

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Shiba Inu Climbs To Second Spot In Crypto Searches As SHIB Rallies

The ever-vibrant Shiba Inu community is thriving once more as SHIB gains widespread recognition surpassing top cryptocurrency assets in the market to become the second most sought-after digital asset in the entire European continent, securing its stance in the crypto landscape. Shiba Inu Takes Europe By Storm XRP enthusiast and market expert Marcel Knobloch, also known as Collin Brown, reported the coin’s latest milestone on X. According to Brown, Shiba Inu has seen significant growth in its long-term investor base, taking Europe by storm by becoming the second most search…

The Enablers of Decentralized AI

AI naturally evolves as an increasingly centralized technology, and any decentralization efforts are an uphill battle. But decentralization can win in specific areas of AI development, says Jesus Rodriguez, CEO of IntoTheBlock. Source

MicroStrategy’s capitalization reaches record highs amid Bitcoin’s $70k recovery

MicroStrategy’s market capitalization reached a new all-time high, crossing the $31.8 billion mark. According to Companies Market Cap, MicroStrategy ranks 606 among the largest companies in the world by market capitalization. Since the beginning of the year, its capitalization has almost tripled by 135.7% over the last month. Source: Companies Market Cap MicroStrategy’s (MSTR) share price has increased by approximately 200% since 2024 began, and at the time of writing, MSTR is trading near $1,880. The cost of its shares has increased from $141 to $670.71 since the start of…

ceτi AI Announces Partnership Innovation Fund to Accelerate Innovation in Decentralized AI – Blockchain News, Opinion, TV and Jobs

Vancouver, Canada, March 27th, 2024, Chainwire In a significant move to fuel the growth of decentralized artificial intelligence, ceτi AI is proud to announce the establishment of the ceτi AI Partnership Innovation Fund with an initial allocation of $500k USD. This strategic fund is designed to catalyze innovation by forging partnerships with emerging projects at the intersection of AI and blockchain technology. Overview ceτi AI, a leader in decentralized AI infrastructure, is initiating this fund to support projects that align with its mission of democratizing access to advanced AI technologies.…