Month: January 2023

• Microsoft confirmed its plan to invest millions of dollars in Open AI, a company behind popular AI programs. • A study from Trading Browser revealed that there are 10 cryptocurrencies that have gained a lot of attention from users. • As Bitcoin prices rise, and with Microsoft’s multi-billion dollar investment, the crypto AI sector …

Microsoft’s Multi-Billion Dollar Investment: Crypto AI Sector is a Must-Watch in 2021 Read More »

• TokenUnlock, a platform that uses on-chain data to track vested tokens, issued a 2022 annual report showing 15 tokens (XRP, Filecoin, Optimism, Chainlink, BitDao, ApeCoin, STEPN, Hedera, Axie Infinity, dYdX, ENS, Kadena, Curve DAO, PancakeSwap, and GALA) account for over 75% of the total illiquid tokens. • Of the top 15 largest estimated unlocks, …

15 Cryptos Worth Over $40 Billion Locked Up, XRP Leads the Way Read More »

– RBI Governor Shaktikanta Das has expressed his intention to get rid of crypto through an outright ban, as he considers it to be a form of gambling. – Das believes that crypto cannot be considered a financial product and must be treated like “gambling activities.” – The RBI has taken a lead over other …

RBI Governor Plans to Ban Crypto as Gambling Activity Read More »

• The United Kingdom is planning to launch its own stablecoin, a digital pound. • This follows the country’s commitment to becoming the world’s crypto hub. • Andrew Griffith, an economic secretary to the UK Treasury, stated that public consultation on the attributes of a digital pound will be launched in the coming weeks. The …

UK to Launch Digital Pound – A Major Step Towards Crypto Adoption Read More »

• Summer of 2022 was a challenging year for the crypto and digital asset industry, with highs and lows and some funny moments. • Ethereum shifted from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus after completing “The Merge.” • Vitalik Buterin was the subject of many memes across the year, including his massive reveal …

Crypto Summer of 2022: Memes, Shifts, and Pumps! Read More »

• Justin Sun, founder of TRON, has confirmed that Huobi Global is laying off a significant number of its employees. • This comes amid several rumors in the crypto community that Huobi is reportedly insolvent. • Sun stated that this was a “structural adjustment” and around 300 workers would lose their jobs as a result. …

Huobi Global Lays Off 300 Staff Amidst Rumors of Insolvency Read More »