Bitcoin speculators sent $7B to exchanges at a loss in BTC price crash
Bitcoin short-term holders enter panic mode as they cross into aggregate loss thanks to a sub-$90,000 BTC price.
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Major Brazilian crypto asset manager secures $26M funding
Coinbase and SoftBank have participated in a $26 million funding round for Latin America’s largest crypto asset management firm. 690 Total views 3 Total shares Hashdex, the Rio de Janeiro-based crypto asset manager with over 4 billion Brazilian real ($765 million) in assets under management, has raised $26 million in new funding round from investors.According…

US Federal Reserve Exploring Digital Dollar and Its Effect on Monetary System
The United States Federal Reserve System is exploring the development of a central bank digital currency (CBDC) and what issues and risks it could potentially pose.Federal Reserve Board Chairman Jerome Powell provided a response to U.S. Representatives French Hill and Bill Fosters’ request on whether the Federal Reserve plans to launch a national digital currency,…

Australian Securities Regulator Releases Cryptocurrency, Mining, ICO Guidelines
The Australian Securities and Investment Commission (ASIC) published new initial coin offering (ICO) and cryptocurrency guidelines on its official website on May 30.The regulator detailed the prerequisites that a cryptocurrency business needs to follow in order to comply with both the Australian Corporations and ASIC Acts, but did not cover regulations enforced by other national…

LayerZero tackles sybil activity with self-reporting mechanism
LayerZero Labs will enforce consequences for those who don’t self-report by May 17, 2024.

Stellar Foundation Adds College Professor and Dropbox Brass
The Stellar Development Foundation added two member to its board of directors, bolstering the experience held on its roster. 718 Total views 22 Total shares The Stellar Development Foundation recently added two new members to its board of directors. In an April 21 statement provided to Cointelegraph, Dropbox chief communications officer, Lin-Hua Wu, as well…

Solana traders notice ‘huge’ bullish pennant as price jumps 17%
Crypto traders note to “watch out” for Solana price action as a bullish pennant pattern has started to form on the price chart.

Doctors Without Borders is now using blockchain tech for medical record storage
Blockchain documentation service Transcrypts announced a partnership with the humanitarian organization on Thursday. 500 Total views 30 Total shares At a November 11 press conference, blockchain- based document security company Transcrypts announced a partnership with Doctors Without Borders, or DWB, that began on October 14th. Working together, they have already uploaded 6500 immunization records to…

From ICO hype to AI utility: The evolution of crypto agents in Web3
The rise of AI-driven crypto agents is following a familiar trajectory that mirrors the initial boom, bust and resurgence of ICO-era projects. Just as early blockchain ventures thrived on hype before maturing into sustainable ecosystems, the current wave of AI agent projects is undergoing rapid market shifts. A new report by HTX Ventures and HTX