News

Latest news from the Web3 ecosystem

AI and Crypto: A Transformative Synergy or a Risky Proposition?

AI and Crypto: A Transformative Synergy or a Risky Proposition?

Industry leaders debate the profound impact of artificial intelligence on the future of blockchain technology, with some envisioning mainstream adoption and others urging a more cautious approach.

2 min read
Bitwise Acquires Chorus One to Boost Institutional Staking Offerings

Bitwise Acquires Chorus One to Boost Institutional Staking Offerings

Bitwise Investments has completed the acquisition of Chorus One, a prominent institutional staking solutions provider. This move significantly expands Bitwise's capabilities across the proof-of-stake ecosystem.

1 min read
Credit Card Stocks Dip on AI Report, Analyst Offers Counterpoint

Credit Card Stocks Dip on AI Report, Analyst Offers Counterpoint

Credit card company stocks experienced a decline following an AI-driven analysis from Citrini Research. However, The Kobeissi Letter suggests this market reaction might be overly cautious.

1 min read
Major Crypto Exchange Addresses Allegations of Facilitating Iranian Transactions

Major Crypto Exchange Addresses Allegations of Facilitating Iranian Transactions

A prominent cryptocurrency exchange is refuting claims that it processed billions of dollars connected to Iran, amidst reports of internal investigations and personnel changes.

1 min read
Dragonfly Partner: Crypto's Growth Differs Fundamentally from AI

Dragonfly Partner: Crypto's Growth Differs Fundamentally from AI

Haseeb Qureshi of Dragonfly argues that direct comparisons between cryptocurrency and AI adoption rates are misguided, highlighting differing product natures and market dynamics.

2 min read
Polymarket Sees $7M Bet Volume on ZachXBT Investigation Outcome

Polymarket Sees $7M Bet Volume on ZachXBT Investigation Outcome

Over $7 million has been wagered on Polymarket concerning the anticipated results of crypto investigator ZachXBT's latest takedown, with betting activity leaning towards a specific outcome.

1 min read
Bitcoin Onchain Signal Suggests Imminent Demand Revival

Bitcoin Onchain Signal Suggests Imminent Demand Revival

A key onchain indicator for Bitcoin has stabilized, signaling a potential return of spot market demand despite ongoing price volatility below $65,000.

2 min read
Treasury Sanctions Australian for Selling Exploits to Russian Firm

Treasury Sanctions Australian for Selling Exploits to Russian Firm

The U.S. Treasury Department has sanctioned an Australian national accused of selling software tools capable of exploiting U.S. government systems to a Russian entity known as Operation Zero.

1 min read

Terraform Labs Sues Jane Street Over Terra Collapse Role

Terraform Labs has filed a lawsuit against quantitative trading firm Jane Street, alleging its involvement in the catastrophic collapse of the Terra ecosystem.

2 min read
Ether Faces Liquidity Squeeze Amidst Whale Inactivity

Ether Faces Liquidity Squeeze Amidst Whale Inactivity

Ether's price continues its downward trend, with whales showing reduced activity and a significant short cluster forming near $2,000, indicating potential liquidity challenges.

2 min read
Fluid Protocol Poised for Foundation Launch with $3M Annual DAO Grant

Fluid Protocol Poised for Foundation Launch with $3M Annual DAO Grant

A new governance proposal by Instadapp's COO aims to establish a non-profit foundation for Fluid, funded by a significant annual grant from the DAO. The foundation will manage the protocol's core assets.

1 min read
Major Shareholder Urges Empery Digital to Sell Bitcoin, Replace Leadership

Major Shareholder Urges Empery Digital to Sell Bitcoin, Replace Leadership

A significant shareholder is pushing Empery Digital to divest its substantial Bitcoin treasury, return capital, and enact leadership changes.

2 min read