California lawmakers push through controversial AI bill opposed by OpenAI
California lawmakers advance a controversial AI safety bill, SB 1047, despite pushback from major tech companies and now awaits full approval of Governor Gavin Newsom.
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Coinbase’s Q2 profits top $1.6B as ETH volume surpasses BTC’s for the first time
Coinbase beat analyst estimates in Q2, after it generated $2.23 billion in revenue compared to estimates of $1.78 billion. 107 Total views 2 Total shares Coinbase generated $2.23 billion of revenue for the second quarter of 2021, as Ethereum (ETH) trading volume surpassed Bitcoin (BTC) for the first time on the platform. Coinbase posted its…
Exchange listings and NFT boom back Enjin’s (ENJ) 52% rally to a new high
The growing popularity of NFTs and recent exchange listings helped lift Enjin Coin to a new all-time high. 3561 Total views 14 Total shares Non-fungible tokens (NFT) are rapidly becoming a focal point of the cryptocurrency market as evidenced by stories of millions of dollars being raised in minutes for one-of-a-kind tokenized art pieces and…
Ethereum launches new testnet ‘Holešky,’ allocates 1.6B ETH for devs
Holešky testnet had a 1.6 billion ETH supply at launch, making it potentially more accessible than the older Goerli network. 163 Total views 1 Total shares Ethereum developers launched a new testnet on Sept. 15. Called “Holešky,” the network is expected to be used for staking, infrastructure and protocol development, according to its developer documents.
DeFi TVL reaches $192B for first time in 15 months — DappRadar
The value of crypto locked in DeFi increased by 17% due to ETH appreciation and a rise in trading activity.
OpenSea monthly volumes top $5B as NFTs continue to mainstream
In the last two weeks, Azuki, Bored Ape Yacht Club, CloneX and Mutant Ape Yacht Club have seen significant increases in floor prices and total sales volume. Over the last seven days alone, all four projects have generated an estimated $365.9 million in value, according to data from OpenSea. While the crypto market is steadily recovering…
How Traders Can Use Twitter to Anticipate Bitcoin Price Moves, Volume
Bitcoin (BTC) price has been testing the $10,000 mark this month as online metrics like the number of tweets and Google searches mentioning Bitcoin show a two year-high.Cryptocurrency market weekly overview. Source: Coin360Several relationships have been established between external factors and Bitcoin price evolution. Most notably, social media metrics like the number of tweets mentioning…
Send on Bitcoin, Receive on Ethereum: Atomic Loans Launches Bitcoin DeFi Solution
Atomic Loans is launching a decentralized finance (DeFi) product that is likely to be the closest to a direct implementation on Bitcoin’s (BTC) chain. It doesn’t quite avoid using an external smart contract platform, but it allows directly using Bitcoin for collateral.The startup announced on April 14 that it had raised $2.45 million in seed…
Corporate Blockchain Adoption Reaches 44%, Says Survey
Indian telecoms giant Tata Communications named the key barriers to blockchain adoption for businesses globally, in a survey published Dec. 12.Part of a survey on emerging sectors — dubbed ‘The Cycle of Progress’ — Tata’s report noted concerns around costs, security and privacy as the “key adoption barriers for business decision makers” considering the implementation…