Crypto is down, but FET and AI tokens are up — Here’s why
FET and other AI tokens are outperforming the wider crypto market this week, but is the rally purely driven by investors’ earnings expectations for Nvidia?
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Binance’s CZ must stay in US, Elon Musk seeks $1B for AI, and other news: Hodler’s Digest, Dec. 3-9
Keep an eye on the latest ruling on Binance's CZ bail conditions, Elon Musk's AI arm, and a pro-blockchain bill in the U.S. Congress. by Editorial Staff 6 min December 9, 2023 Share Share Share Share Top Stories This Week Binance founder CZ must stay in US until sentencing, judge orders Binance founder Changpeng “CZ”

FBI Solicits Information From Bitconnect Investors With Voluntary Questionnaire
The United States Federal Bureau of Investigation (FBI) is seeking to contact investors in alleged ponzi scheme Bitconnect (BCC) that collapsed in January last year, a news statement confirmed on Feb. 20.As part of ongoing investigations into the activities of the well-known but shadowy scheme, the Cleveland branch of the U.S. law enforcement agency appealed…

Nexo partners with Three Arrows Capital to launch NFT lending & art financing service
Bored Ape Yacht Club and CryptoPunks NFTs are two of the options supported as collateral for crypto credit lines on the platform. 63 Total views 2 Total shares Nexo, the crypto borrowing and exchange platform, has launched an NFT Lending Desk in partnership with NFT hedge fund Three Arrows Capital. The new lending desk caters…

Bitcoin maxis vs. multichains: Two opposing visions of crypto’s future
Jan3 CEO Samson Mow has said that comparing Bitcoin to crypto is like comparing “an aircraft to a paper airplane.” Ripple CEO Brad Garlinghouse said, “It will be a multichain world.”These opposing statements are the latest front in the longest-running feud in cryptocurrency — the battle between Bitcoin (BTC) and everything else that followed. For

Ant Group highlights private sector’s role in developing digital yuan
Major tech and commerce firms have been instrumental in helping China's central bank develop the digital yuan. 2303 Total views 15 Total shares Major Chinese technology and commerce firms are starting to open up regarding their involvement in developing the digital yuan.Ant Group and Tencent Holdings revealed the extent of their collaboration with the People’s…

Ethereum derivatives data shows pro traders are bearish, but for how long?
Ether (ETH) lost the critical $3,000 psychological support level on April 11 after a 16% weekly negative performance. Bulls were definitively caught by surprise as $104 million in leveraged long futures got liquidated on April 11. Ether's downturn also followed a decline in the total value locked (TVL) in Ethereum smart contracts. Ethereum network TVL in…

Alchemy Pay to launch virtual crypto cards with Visa and Mastercard support
Crypto payment firm Alchemy Pay is planning to roll out a crypto-linked virtual card that is accepted on the Visa and Mastercard payments networks. 1248 Total views 7 Total shares Hybrid crypto-fiat platform Alchemy Pay announced Monday that the company will be launching virtual crypto-linked cards accepting more than 40 cryptocurrencies like Bitcoin (BTC).The new…

Virtual Racing Car in Blockchain Game Sells for Over $110,000
An unknown user bought a virtual racing car for upcoming blockchain-based game F1 Delta Time for 415.9 ether (ETH) or $110,600 at the time of sale, according to information on the game’s website.The virtual racing car — the “1-1-1” — is the first model to be issued and is also one-of-a-kind, with the auction page…