The TON ecosystem has seen a significant influx of new users amid promising new projects appearing on the blockchain.
Monthly archives: August 2024
What does Bitcoin smell like? AI startup wants to ‘teleport’ digital scents
The technology could also help detect diseases such as cancer.
Bitcoin Miners Shifting to Artificial Intelligence and High-Performance Computing, According to VanEck Analysts
New research from VanEck reveals that Bitcoin (BTC) miners are shifting to artificial intelligence (AI) and high-performance computing. In a thread on the social media platform X, Matthew Sigel, the head of digital assets research at VanEck, says that BTC miners are utilizing technology to earn profits through strategic arbitrage. “Bitcoin miners are shifting to …
‘Bombshell’ BRICS Payments Platform To Ditch US Dollar Gaining Support From Central Banks, Finance Ministries: Report
Central banks and finance ministries of all BRICS nations are discussing the launch of a new payments platform that would circumvent the US dollar, according to a new report. According to Russian government-backed media publication Tass, Russia’s Federation Council Speaker Valentina Matviyenko told a press conference that a standalone payment system dubbed the “BRICS Bridge” …
Robbery Victim Forced To Transfer $2,000,000 in Crypto to Four Attackers in Break-and-Enter: Report
Law enforcement agencies in Bangkok are reportedly looking for four Chinese nationals who broke into a luxury house in the Pathum Thani province and forced their victim to transfer millions of dollars in crypto. Bangkok Post reports that masked suspects, each armed with a gun and knife, broke into the house of 35-year-old Chinese businessman …
Goldman Sachs Raises US Recession Odds As Total Bankruptcy Filings Surge by Almost 25%: Report
Economists at Goldman Sachs are increasing the odds that the US economy will enter a period of an economic downturn by the end of the year. Analysts at the banking behemoth have raised the odds of a recession occurring in the coming months from 15% to 25%, citing the last month’s jump in unemployment data, reports …
Bitcoin bulls should steer clear of MicroStrategy’s new leveraged ETF
Leveraged ETFs chronically underperform comparable investments. There are better ways to place bullish bets on Bitcoin than MicroStrategy’s new ETF.
Coinbase Announces $15,000 Grant Program, Seeks To Solve Barrier to Building Apps Using Artificial Intelligence
Top US-based crypto exchange platform Coinbase is announcing a $15,000 grant program to push decentralized applications (DApps) built by artificial intelligence (AI). In a new blog post, Coinbase says it’s launching the Coinbase Developer Platform (CDP) AI Builder Program to solve common issues associated with automated DApp and blockchain development. “A major barrier to building …
Meme Coins Lose Steam: $20 Billion Wiped From Market Since May
During the first half of 2024, meme coins took the spotlight, captivating the crypto world with their quirky charm. However, the hype appears to be cooling off as we move into the latter part of the year. According to Google Trends, searches for “meme coins” have significantly decreased, and since May 21, the meme token …
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Polymarket Open Interest Rebounds as August Set to Challenge July’s Record
Polymarket, the leading blockchain-powered predictions platform, saw its highest monthly volume to date in July. However, August has so far captured just over 68% of July’s total volume, with 13 days still remaining in the month. Polymarket’s August Performance Signals Potential for Record-Breaking Month According to data from theblock.co, August is shaping up to be …
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Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning to climb once more. Between Aug. 9 and Aug. 17, the hashrate increased from 612 exahash per second (EH/s) to 637 EH/s, adding 25 EH/s over eight days. Miners Increase Bitcoin’s Hashrate After Difficulty Decline …
Stablecoin Market Expands: $2.21B Uptick in 8 Days Fueled by Tether’s Growth Spurt
The stablecoin market has been picking up speed lately, and between Aug. 9 and Aug. 18, 2024, it expanded by $2.21 billion. During this period, Tether’s supply ballooned by an additional 1.26 billion USDT. Stablecoin Boom: $2.21B Growth Driven by Tether and PYUSD Between Aug. 9 and Aug. 18, 2024, the stablecoin economy expanded by …
Goldman Sachs’ Bitcoin ETF Holdings, Hamster Kombat Rejected VCs, and More — Week in Review
Goldman Sachs disclosed substantial holdings of $418 million in bitcoin ETFs in Q2. Hamster Kombat rejected multiple venture capital investments to protect players from becoming exit liquidity. A Nigerian bitcoin proponent filed a lawsuit to overturn the government’s crypto ban. WBTC’s custody change has raised concerns in the defi community. Ripple’s legal chief discussed the …
LBank Celebrates 9th Anniversary With Over $1,000,000 in Prizes
PRESS RELEASE. Singapore, August 18th, 2024 – In the rapidly evolving cryptocurrency industry, LBank has established itself as a key player. Over the past nine years, LBank has achieved numerous milestones and has grown into a comprehensive crypto trading platform and a leading exchange in innovative crypto asset categories. As LBank commemorates its ninth year …
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Colorado Church group tokenizes $2.5M chapel
This may be the first tokenized church in the world.