Category: CryptoX News

Neo and Phoenix Join Forces: Skynet to Power New Era of AI-Enhanced Blockchain Technology

Neo has announced a partnership with Phoenix, a decentralized Artificial Intelligence (AI) infrastructure provider. This collaboration aims to blend AI with Neo’s blockchain infrastructure, marking a significant advancement in decentralized AI technology. The partnership will focus on the development of AI-enabled blockchain tooling on Neo X, an EVM-compatible sidechain, and will leverage Phoenix’s AI technology […] Source CryptoX Portal

Will Lido DAO (LDO) bull run continue

As of June 21, 2024, Lido has experienced a surge of 20.57% in the past seven days. However, the likelihood of continued upward movement seems limited. The primary factor is its proximity to a historical resistance level at $2.30 on the daily timeframe. This resistance level has historically posed a significant barrier, and without a decisive breakout above $2.30 and, subsequently, $2.40, sustained upward momentum remains doubtful. Technical Indicators Resistance and Support Levels Current resistance: $2.30 Additional resistance: $2.40 Support level: $2.00 TradingView Relative Strength Index The current RSI is…

Iran Launches Digital Rial Pilot on Kish Island

The Central Bank of Iran (CBI) has announced the initiation of a pilot scheme to introduce the country’s central bank digital currency (CBDC) on the southern island of Kish. The CBI stated on Tuesday that the digital rial will be available to banking customers and tourists in Kish starting on the first day of the […] Source CryptoX Portal

Federal Agents Crack Down on Drug Ring Using Crypto Mixers

Holly Danielle Adams, 34, from California, has pleaded guilty to charges of drug distribution conspiracy and money laundering via cryptocurrency mixers. This case stems from an investigation by the Northern California Illicit Digital Economy (NCIDE) Task Force, a federal team dedicated to combating all forms of illegal dark web and cryptocurrency activities in the Eastern […] Source CryptoX Portal

MicroStrategy buys 12k new BTC

MicroStrategy shows no signs of slowing down with another $786 million purchase of Bitcoins. MicroStrategy expanded its Bitcoin holdings with the purchase of 11,931 BTC for $786 million in cash “using proceeds from convertible notes,” the firm’s founder Michael Saylor confirmed in a Thursday morning X post. MicroStrategy has acquired an additional 11,931 BTC for ~$786.0M using proceeds from convertible notes & excess cash for ~$65,883 per #bitcoin. As of 6/20/24, $MSTR hodls 226,331 $BTC acquired for ~$8.33B at average price of $36,798 per bitcoin.https://t.co/jE9dGqqnON — Michael Saylor⚡️ (@saylor) June…

Will crypto become a centralized “hellscape?

Sarah Brennan is a US corporate & securities lawyer and acts as General Counsel for Delphi Ventures, a VC firm focused on Web3 investment. She has spent 14 years focused on corporate securities law and became active in the digital assets space in 2017.  Brennan is also a co-founder of the LeXpunK project with her focus on legal advocacy for decentralized communities. Speaking exclusively with crypto.news, the cryptolaw advocate shared her thoughts on crypto super PACs, failed regulation, and the danger of recreating the traditional financial system with crypto all…

Messari Founder Ryan Selkis Accuses Martin Shkreli of Working Covertly to Hurt Trump’s Campaign Through DJT

Ryan Selkis, founder and CEO of Messari, a cryptocurrency market intelligence firm, has called out “Pharma Bro” Martin Shkreli for supposedly acting with federal agencies to hurt Donald Trump’s campaign. Shkreli, allegedly the creator of DJT, disregarded this notion, calling out Selkis for “watching too many movies.” Messari’s Ryan Selkis Accuses Martin Shkreli of Organizing […] Source CryptoX Portal