Month: May 2024

Bitcoin Staking Project Babylon Raises $70M Led by Paradigm

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Sui and Atoma Bring the Power of AI to dApp Builders – Blockchain News, Opinion, TV and Jobs

Grand Cayman, Cayman Islands, May 30th, 2024, Chainwire The integration of Atoma adds new capabilities to Sui’s flourishing developer ecosystem with unique AI-querying capabilities Sui, the Layer 1 blockchain that offers industry-leading performance and infinite horizontal scaling, together with Atoma Network, pioneers in decentralized AI, are excited to announce the introduction of a cutting-edge verifiable inference network designed to optimize AI queries off the main chain and dedicated exclusively to Sui and maintaining Sui’s leading efficiency and speed. By tapping into the AI that powers applications, allowing for real-time decision-making…

Super Trump Explodes With 200% Surge

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Cryptocurrencies linked to former US President Donald Trump have seen a meteoric rise over the past week, reflecting a growing speculative fervor around politically-charged “memecoins” in the digital asset space. Related Reading The most notable gainer has been the “Super Trump” (STRUMP) token, which rallied by over 200% on May 29th alone, making it one of the top trending cryptocurrencies on CoinMarketCap. The memecoin, which first debuted on Ethereum in March, has seen its fortunes change dramatically since launching on the Solana blockchain just last weekend. Crypto analyst Tyler, who…

Blackrock Advances Spot Ether ETF With SEC Amendment, Analyst Eyes June Launch

The world’s largest asset manager, Blackrock, has updated its S-1 registration statement for the Ishares Ethereum Trust, which will be listed as “ETHA.” According to the update, ‘Seed Creation Baskets’ were acquired by the fund’s ‘Seed Capital Investor.’ Furthermore, several spot ether exchange-traded fund (ETF) applicants now have their respective tickers listed on the Depository […] Source BitcoincryptoexchangeExchanges CryptoX Portal

AI-Driven Fraud on the Rise, Financial Institutions Unprepared, Reveals Report

A new report by Signicat, the European digital identity and fraud prevention solutions provider, reveals that artificial intelligence (AI) is used in over a third of fraud attempts targeting financial institutions, with one in fifteen fraud attempts now using deepfakes. The study, titled “The Battle against AI-driven Identity Fraud,” found that 42.5% of detected fraud […] Source CryptoX Portal

Key Price Levels To Watch After A Breakout

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For a while now, the price of MATIC has been in a consolidation zone, moving between $0.7730 and $0.6233,  forming a bearing triangle flag in the process. This is a result of the drop from its high of $0.9288 that happened days ago which led to MATIC dropping by over 25%.  Although the price of MATIC is still consolidating, it is building up momentum for a potential breakout. So taking a trade at this point is not advisable until a breakout occurs which can be either above the consolidation zone…