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Crypto Sector Secures $317M in Venture Capital Deals in Early June

[Jun 16, 2024 2:36 PM] With the first half of June concluded, there have been 37 venture capital deals and fundraising events in the crypto sector. Collectively, these investments totaled $317.87 million, with Avail, a modular blockchain project, leading the pack with…

The State of Crypto Merchant Adoption in 2024

[Jun 16, 2024 12:45 PM] Merchants are increasingly adopting cryptocurrencies like bitcoin and ethereum, reflecting a growing trend towards digital currency payments as a viable alternative to traditional means. Merchants Embrace Digital Currency Payments Cryptocurrency is…

Salvadoran Government Introduces Bitcoin Banking Law Reform

[Jun 16, 2024 11:44 AM] The Salvadoran government has presented an initiative to accelerate the inclusion of Bitcoin and other cryptocurrencies in its investment banking sector. The banking law reform introduced to the National Assembly would allow private investors to…

Openai Reportedly Mulling For-Profit Shift

[Jun 16, 2024 10:05 AM] Openai, the artificial intelligence (AI) company, is considering shifting to a for-profit model, according to The Information. Sam Altman, CEO of the company, is said to be contemplating this decision and taking Openai’s non-profit board out…

NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95%

[Jun 15, 2024 9:04 AM] Non-fungible token (NFT) sales increased by 10.95% this week compared to the previous week, marking the second consecutive week of gains. Despite a 76.7% drop in the number of buyers, blockchain-issued digital collectibles achieved $141.73 million…