Starknet to bring on AI agents that can carry out on-chain activity
The Web3 and AI firm Giza plans to bring autonomous bots onto Starknet by the end of June.
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Ether drops below $3,800, but traders are unwilling to short at current levels
Even though Ether (ETH) reached a $4,870 all-time high on Nov. 10, bulls have little reason to celebrate. The 290% gains year-to-date have been overshadowed by Dec.'s 18% price drop. Still, Ethereum's network value locked in smart contracts (TVL) increased nine-fold to $155 billion.Looking at the past couple of months' price performance chart doesn't really…

Report: Circulation of Facebook’s Crypto Could Face Demographic Challenges
Facebook’s payment-focused cryptocurrency Globalcoin will face demographic challenges, according to recent research by cryptocurrency analysis firm Diar published on May 28.Facebook’s native cryptocurrency — which will purportedly seek to disrupt or bypass banking networks in order to remove financial barriers and lessen consumer costs — will reportedly launch in 2020.In its recent report, Diar suggests…

These 3 Macroeconomic Factors Are Driving Bitcoin Price Above $12,000
Bitcoin (BTC) price has staged a remarkable rally in recent days, but the reasons behind it could mean higher prices stick around much longer. With BTC/USD now at $12,200, here are the main reasons the cryptocurrency industry considers lie behind Bitcoin’s latest surge higher.1. Global stocks are tumblingAs Cointelegraph continues to report, the ongoing impact of…

Moody’s launches quantum-as-a-service platform for finance
According to the Moody’s Analytics website, QFStudio is a software-as-a-service (SaaS) offering that will serve as “a continuous integration, benchmark, and delivery platform” for quantum computing solutions.Quantum computing for financeThe burgeoning quantum computing sector is expected to experience steady growth over the next few decades. A recent forecast predicted that quantum computing technologies would grow

What Ethereum killer? On-chain data shows competitor networks are still behind
Ether (ETH) remains the second-largest cryptocurrency and it absolutely dominates the smart contract industry according to an array of network usage metrics. Even though the network has been overwhelmed by peak activity which is causing median fees to surpass $10, the network effect of its large user and developer base seems to be enough to…

Solana falls 6% amid fears of FTX dump — but there’s a catch
The price of Solana (SOL) has plunged more than 6% the last 24 hours, amid fears that bankrupt crypto exchange FTX may soon liquidate its significant portions of the token and other Solana-affiliated crypto assets. The price of Solana has fallen 6% to $18.38 in the last 24 hours. Source: CoinGeckoAccording to a combination of data

TON ecosystem scams on the rise: How to stay safe
As the TON blockchain is open-source and permissionless, individual users and projects must be careful to ensure their own safety.

US Mining Firm Plans to Nearly Double Hash Rate After Halving
Riot Blockchain has announced the purchase of an additional equipment for its post-halving operations. U.S.-based mining firm, Riot Blockchain, has more than doubled the number of next-generation Bitcoin (BTC) miners it has purchased, buying 1,040 Antminer S19s from Bitmain on May 6. The additional miners cost the firm $1.9 million, following Riot’s purchase of 1,000 S19s…