Category: ICO

What Do the EU Election Results Mean for Digital Assets?

ECR, in particular, gained 15 seats last evening. 14 of those came from the party of the Italian Prime Minister, Georgia Meloni. She has been a much milder conservative than her election campaign might have suggested, recognizing the degree of cooperation needed with both Brussels and Washington DC in order to consolidate her power. Even so, formally working with the ECR might be a taboo for the mainstream parties. But collaboration on specific policy issues is now possible for the EPP, even if only used as a threat and a…

Maybe Old-Fashioned Venture Capital Wasn’t So Bad After All

Maybe it’s time that we start to examine which investors are looking to do 100x-1000x on their investments over a decade, and which ones are looking to do smaller returns over a shorter period of time. The former is the one that will lead to consumer adoption, because we need to educate people why blockchain is better for consumers, build the products, launch them, get regulators on board, and actually be in a place where the blockchains can handle the traffic, all of which take time. The latter will only…

Crypto Exchange Crypto.com Secures a Spot on Bank of Ireland’s Virtual Assets Service Provider Register

The company joins Coinbase, Ripple and Gemini on the register as crypto companies vie to win approval in EU nations to ensure they are ready for December, when the Markets in Crypto Assets (MiCA) legislation becomes fully operational. The bloc’s wide-ranging rules for the industry allow firms with a crypto asset service provider license from any member state to operate across all 27 nations. Source

Federal Reserve Should Cut U.S. Interest Rate as Restrictive Stance Is Adding to Inflation, Democrats Say

“We write today to urge the Federal Reserve (the Fed) to cut the federal funds rate from its current, two-decade-high of 5.5 percent. This sustained period of high interest rates is already slowing the economy and is failing to address the remaining key drivers of inflation,” Senators Elizabeth Warren (D-Mass.), Jacky Rosen (D-Nev.) and John Hickenlooper (D-Colo.) wrote, according to a document on the HuffPost website. Source

Protocol Village: Wormhole Opens W Staking

June 10: Wormhole, the blockchain interoperability protocol, will allow holders of its W token to stake with the Tally Governance Portal, “allowing the opportunity to participate in governance and influence the future direction of the Wormhole DAO and platform,” according to the team.” The update marks “a significant step toward decentralizing Wormhole through MultiGov, an industry-first multichain governance system for DAOs on Solana, Ethereum mainnet, and EVM L2s,” Wormhole said in a statement. “The Wormhole DAO will be the first to adopt MultiGov, enabling W holders to create, vote on,…

Artificial Intelligence (AI) Tokens RNDR, TAO, AGIX Prices Slump as Apple’s Developer Event Fails to Impress

The decline happened as expectations were high for the tech giant to reveal its AI plans and how it would weave artificial intelligence into its offerings at this week’s Apple Worldwide Developers Conference (WWDC2024). The firm on Monday announced Apple Intelligence, a suite of AI features for iPhones, Mac and other products, and a partnership with Sam Altman’s OpenAI to integrate ChatGPT into Apple software. Source