PYUSD stablecoin's new privacy feature, "confidential transfers", has generated significant buzz in the crypto community as PayPal make the dollar-pegged cryptocurrency available on the Solana blockchain. The payment giant announced the move to Solana on May 29, stating...
According to Yat Siu, co-founder of the Hong Kong-based game software company and venture capital firm Animoca Brands, the global cryptocurrency ecosystem is set for exponential growth in the coming years, with the potential to expand up to...
Bitcoin mining software company Luxor Technology Corporation has launched "Hashrate Futures," a bitcoin mining derivative product, on Bitnomial's US-based derivatives exchange. This financial product, developed through a partnership between Luxor and Bitnomial, is the first of its kind....
ARK Invest CEO Cathie Wood has predicted that El Salvador's gross domestic product (GDP) could increase tenfold over the next five years if it continues its Bitcoin and artificial intelligence adoption plan under President Nayib Bukele, “President Bukele’s...
BlackRock's iShares Bitcoin Trust (IBIT) has become the largest Bitcoin exchange-traded fund (ETF) globally, surpassing the Grayscale Bitcoin Trust (GBTC) according to the latest publicly available data. According to the Apollo Bitcoin Tracker, BlackRock's spot Bitcoin ETF has...
The Ethereum blockchain, famous for its staggering daily transaction volume dollars, also holds a treasure trove of undeletable on-chain messages, revealing a mix of heartfelt pleas and life stories from individuals pleading with hackers to return stolen funds...
A memecoin linked to Australian musician Iggy Azalea has raised over $300,000 in a presale organized by alleged serial scammer Sahil Arora. Despite this, Azalea has distanced herself from Arora's project. Posts from her X account on Tuesday...
Cryptocurrency trading platform HTX, previously known as Huobi, has surpassed US-based exchange Coinbase in spot trading volumes. Tron founder Justin Sun, an adviser to HTX and a significant asset holder on the platform announced the milestone on X...
In a recent report, the Bank for International Settlements (BIS) revealed a significant trend among central banks toward adopting generative artificial intelligence (AI) to bolster cybersecurity measures. According to the report: "Cyber attacks are increasing in frequency and...
Elon Musk’s artificial intelligence venture, xAI, has announced the completion of a $6 billion Series B funding round. This funding milestone elevates xAI’s valuation to $24 billion, just 11 months after its launch in July 2023. The investment...
