This content is provided by a sponsor. PRESS RELEASE. Ethereum prices have remained relatively flat, causing crypto investors to shift their gaze to new opportunities poised to disrupt the blockchain landscape. One such opportunity making waves is the Lightchain AI Developer Grant Program. With its unique focus on integrating artificial intelligence (AI) with blockchain technology, […] Source CryptoX Portal
Andreas Kohl, a bitcoiner who moved to El Salvador three years ago, has decided to leave the country due to the new direction taken by the current administration regarding bitcoin and a series of promises that the government has failed to fulfill. El Salvador Disappoints Bitcoiners With New Policies, Unfulfilled Promises The new stance of […] Original
Longtime Ethereum (ETH) developer Danny Ryan recently announced he is joining Etherealize — an organization responsible for marketing the Ethereum ecosystem to institutional investors — as a co-founder alongside Vivek Raman. Ryan said he would complement Raman’s focus on bridging the real world to Ethereum by bridging Ethereum back to the real world. The developer added: “This sits at the confluence of real adoption, commonsense regulation, ecosystem development, and critical R&D across L1, L2, and the application layer. We plan to become an active player across the Ethereum sphere.” The…
Ethereum Foundation lead developer Tim Beiko has dismissed the idea of an Ethereum blockchain rollback following the Bybit crypto exchange hack. In a detailed post on X, Beiko explained why such a proposal is impractical and unfeasible. Ethereum Network Too Interconnected For A Rollback, Beiko Says On February 21, Dubai-based exchange Bybit suffered the largest crypto hack in history as bad actors carted away $1.4 billion in mantle-staked ETH (mETH) and other ERC-20 tokens by comprising one of the exchange’s cold wallet. As expected, this development has rocked the industry…
Japanese game studio Gumi has approved a $6.6 million Bitcoin purchase to double down on blockchain staking. Gumi Inc., a Japanese mobile game studio, is looking to strengthen its crypto presence with a major Bitcoin (BTC) purchase. In a Feb. 10 press release, the Tokyo-listed firm revealed that its board of directors has approved the plan to purchase Bitcoin worth JPY 1 billion (around $6.58 million) by May to expand its blockchain node operation business. Following the news, Gumi’s shares saw a 3.6% uptick, reaching ¥454 (about $3), according to…
In a positive turn of events, the court released the 31-year-old developer and placed him under house arrest and electronic monitoring until his trial. Tornado Cash’s Alexey Pertsev Regains Freedom Following Court Decision After languishing in a Dutch jail for nine months, Alexey Pertsev, one of the developers of the cryptocurrency mixer Tornado Cash, was […] Source CryptoX Portal
Public biopharmaceutical company Acurx Pharmaceuticals said it plans to buy up to $1 million worth of Bitcoin to hold as a “treasury reserve asset.” Acurx Pharmaceuticals, a biopharmaceutical company developer new antibiotics for hard-to-treat bacterial infections, is set to purchase up to $1 million in Bitcoin (BTC) to hold the cryptocurrency as a “treasury reserve asset” on its balance sheet. In a Nov. 20 press release, the New York-headquartered company said the board-approved strategy will be beneficial for it as it leverages Bitcoin’s characteristics, which will provide a “functional store…
The long-anticipated LINEA token comes as the next U.S. president is expected to usher in a more favorable regulatory environment for cryptocurrency. Source
Amir Taaki, a former Bitcoin developer, voiced strong support for Ross Ulbricht, founder of Silk Road, in a statement released on U.S. Election Day, emphasizing Ulbricht’s influence on the cryptocurrency landscape and urging his release from prison. Amir Taaki Credits Ross Ulbricht as a Crypto Pioneer, Advocates for His Release Amir Taaki, a prominent figure […] Original
In addition to potentially hurting Storm’s defense, Klein’s letter to the court suggested that Judge Failla’s ruling may have contravened one of the federal rules that govern criminal proceedings. Essentially, Klein argued that the government cannot legally compel the defense to disclose the names of its expert witnesses unless the defense has requested the same information from the prosecution. Storm’s defense “intentionally made no such request,” Klein wrote, in order to keep their witness list private. Source