Bitcoin Not ‘Overvalued’ Yet, Says CryptoQuant CEO: Here’s Why
The CEO of the on-chain analytics firm CryptoQuant explained that Bitcoin’s price isn’t currently overvalued based on its network fundamentals. Bitcoin Price May Not Be Overvalued Yet Based On Thermo Cap Ratio In a new post on X…
India Springs Election Surprise, Sends Equity Market Crashing With Uncertain Implications for Crypto
India's voters have sprung an election surprise, even though Prime Minister Narendra Modi's party and its allies are poised to return to power, a result that could see the government kick the crypto policy can down the road" in terms of its…
Sam Bankman-Fried is back in NYC prison for his appeal
The former FTX CEO spent roughly a week at the Federal Transfer Center in Oklahoma City, with many speculating authorities planned to send him to a California prison.
U.S. banks reported an alarming increase in unrealized losses and a growing list of institutions at risk of failure in the first quarter of 2024, according to the latest U.S. Federal Deposit Insurance Corporation (FDIC) data. The FDIC report…
AI-Powered Meme Coin WienerAI Raises $4M in Presale – How High Can WAI Go?
A new AI-powered meme coin project called WienerAI (WAI) is defying expectations. While its name might be comical, WienerAI has now raised over $4 million in its limited-time token presale phase. And with the rate of fundraising showing no signs of…
Starkware Aims to Scale Bitcoin Using Zero-Knowledge Technology
Starkware, known for its work on Ethereum scaling solutions, announced plans to apply its zero-knowledge technology to Bitcoin. The initiative aims to enable mass-use of Bitcoin, targeting scalability that could support global daily transactions…
Bitcoin Gets Massive $500,000 Price Tag From Billionaire, Here’s Why
Venture capitalist and billionaire investor, Chamath Palihapitiya has predicted that Bitcoin could witness an unprecedented price increase to $500,000. This ambitious forecast hinges on the potential for a bull run following Bitcoin’s fourth…
Deutsche Bank and Bitpanda Collaborate Amid Crypto Banking Challenges
Deutsche Bank is collaborating with Bitpanda to manage customer fiat deposits and withdrawals for the Austrian crypto broker. This collaboration addresses the challenges crypto platforms have faced in securing banking partners after the 2023…
Former OpenAI, Anthropic employees call for 'right to warn' on AI risks
Former OpenAI, Anthropic, and DeepMind employees urge AI companies to expand whistleblower protections to publicly address AI risks amid growing concerns over the “deprioritization” of safety.
A Galaxy Digital report reveals Ethereum’s decentralized governance avoids direct on-chain voting, detailing key stakeholder roles and transparency challenges.
StarkWare launches $1M research fund for ZK Bitcoin scaling
StarkWare’s fund seeks to promote research into OP_CAT and demonstrate its potential to unlock and benefit Bitcoin and the blockchain community in general.
Watford FC Partners With Republic to Offer 10% Stake to Fans and Investors
The English football team Watford FC has partnered with the digital asset investment firm Republic to sell 10% of the club to fans and investors. Although fans won’t receive voting rights, the stake will provide dividends to holders. Watford FC…
Worldcoin suspends Spanish operations amid data protection probe
Worldcoin agrees to suspend activities in Spain until the end of the year or until a resolution is reached by the German data authority in ongoing data protection investigations.
Bitcoin Startup All-In On New Layer 2 Scaling Protocol
A year following its proposal, a new project revealed today is committed to bringing the Ark concept into reality. Ark Labs has announced it is developing the Bitcoin layer-two network and hopes to capitalize on the growing demand for scalable…
Apu Apustaja Memecoin Launches High-Visibility Billboard Campaign in New York City
PRESS RELEASE. Phoenix, USA, June 4th, 2024, Chainwire. Apu Apustaja, the memecoin exciting the entire crypto industry, is also a new sensation in the busy streets of New York City, where flashy billboards advertise the project to passersby and…
Polygon Labs acquires Toposware, pushing total ZK investment to $1B
The deal brings Polygon’s cumulative zero-knowledge technology investment to over $1 billion, the company said. Toposware’s team is behind Polygon’s Type 1 Prover technology.
The acquisition means that Polygon has invested over $1 billion in zero-knowledge technology and firms, the team shared in a press release. Sources close to the deal told CoinDesk that the acquisition is near $30-50 million.
Etrade Investigates Keith Gill’s Gamestop Moves, Social Media Questions Political Insider Trading
Reports indicate that the online brokerage platform Etrade might be considering removing Keith Gill, known as Roaring Kitty, due to concerns about Gamestop (GME) manipulation. The Etrade news emerged after Gill posted a screenshot of his Etrade…
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