AI tokens market cap rebound 79.7% to $32B amid renewed investor confidence

Analysts believe Bitcoin price is en route to new highs now that the recent consolidation phase has come to an end.

New York Congresswoman Alexandria Ocasio-Cortez addressed the control of Facebook’s Libra cryptocurrency in today’s United States House Committee on Financial Services hearing.As per a recording of the event, provided by C-Span on July 17, Ocasio-Cortez addressed Calibra wallet CEO David Marcus, asking, “[Facebook] wants to establish a currency and act through its wallet as —…

LG’s IT affiliate LG CNS and the blockchain subsidiary of Kakao, Ground X, are partnering to bridge public and corporate blockchains. The Korea Herald reported on Nov. 21 that the two companies agreed to develop mutually compatible infrastructure.The head of LG CNS’ future strategic business division, Ha Tae-Seok, and Ground X CEO Han Jae-Seon attended…

The disgraced crypto executive frequently praised the need for crypto regulation in public. 383 Total views 54 Total shares Despite publicly supporting drafting crypto regulation to protect customers, disgraced crypto exchange FTX founder Sam “SBF” Bankman-Fried appears to have shared a deep disdain for regulators.During SBF’s ongoing criminal trial, Assistant U.S. Prosecutor Danielle Sassoon inquired if

After the European Central Bank released a blog post on the shortcomings of Bitcoin, the crypto community on Twitter took to the comments to defend the cryptocurrency. 801 Total views 14 Total shares In light of the recent FTX collapse and liquidity scandal, regulators in the European Union have joined other global lawmakers in a…

In new legislation, the Cayman Islands is looking to clarify rules on crypto exchanges, including registration and sandbox licensing. 906 Total views 32 Total shares On April 28, the legislative assembly of the Cayman Islands gazetted five new pieces of legislation governing crypto businesses — especially exchanges. How the new legislation would change the Cayman Islands’…

Once a niche enthusiasm with the launch of Bitcoin (BTC), digital money powered by blockchain technology has matured rapidly in just a few short years. The market is now highly diverse. For example, audited stablecoins, along with fixed use digital cash projects introduced by Wells Fargo and JP Morgan last year, stand in stark contrast…

The total amount of funds bridged to zkSync reached $115 million within 10 days of the public mainnet launch as users rush to farm the airdrop of the Ethereum rollup’s expected native token, per L2BEAT data.The zkSync era mainnet was launched one day after the March 24 Arbitrum airdrop. The median airdrop for eligible wallets…

Chinese publicly listed construction company turned to cryptocurrency mining firm, Huatie HengAn, has reportedly been sold after its value decreased by over 90%. The development was reported by English-language local crypto-focused media 8btc on April 19.The firm has been reportedly sold for around 12 million yuan ($1.8 million), after its value decreased from 170 million…