SVM Sonic, Injective to roll out crosschain AI agent hub

December 20, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Developers will soon be able to deploy Solana-based AI agent applications on Injective and bridge a variety of cryptocurrencies between them.

2022 will surely be remembered as a year of crypto discontent — one when the price of Bitcoin crashed three times, many large companies went bankrupt and the industry experienced a series of significant lay-offs. However, it was a crucial year for crypto regulation worldwide. Although some regulatory developments are worrisome in terms of their…

Chinese City of Nanjing Launches $1.5 Billion Fund for Local Blockchain Projects

Nanjing, the capital of China's Jiangsu province, has launched a 10 billion yuan ($1.48 billion) investment fund for blockchain development, ZDNet reports July 23. Nanjing unveiled the major new fund at the inaugural Industrial Public Chain Summit (IPCS), together with the Zhongguancun Blockchain Industry Alliance –– a Beijing-based alliance of enterprises and government research institutes.…

Getting Ready for the Altcoin Resurgence

The altcoin market has been through tough times. At one point, the market lost over 90% of its value from its peak of $780 billion in January 2018. Many altcoin projects that were supposed to be “the next big thing” are nowhere to be seen today.We are experiencing first-hand the beginning of “Crypto Darwinism” in…

Japan’s financial regulators may propose legislation in 2022 restricting stablecoin issuance

The move comes as the Bank of Japan wants to roll out a digital yen CBDC by the end of next year. 944 Total views 32 Total shares According to The Nihon Keizai Shimbun (Nikkei), one of the world's largest financial newspapers and the entity behind the Nikkei 225 stock index, Japan's Financial Services Agency,…

Virtual land can be worth more than the real thing after plot sells for record $1.5M

Digital land is breaking new ground in terms of the price it can fetch, sometimes beating out the real thing. 535 Total views 1 Total shares A non-fungible token, or NFT, representing digital plots of land has sold for a record $1.5 million in the crypto-tamagotchi virtual ecosystem, Axie Infinity.The platform offers NFTs for ‘Axies’,…

Ravencoin (RVN) gains 865% as interest in tokenized securities grows

The recent controversy over traditional brokerages restricting stock purchases cast a positive light on tokenized securities and boosted interest in projects like Ravencoin. 935 Total views 6 Total shares Ravencoin (RVN) price has rocketed higher in February as a fresh wave of buying volume lifted the token's price by more than 800% in the past…

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Dfinity Foundation files lawsuit against Meta over infinity logo

The court filing is based not on Meta’s logo using the infinity symbol itself, but rather registering a trademark for use in fields offering similar goods and services. 262 Total views 20 Total shares Lawyers for Dfinity Foundation, a Switzerland-based nonprofit behind the Internet Computer blockchain, have filed a lawsuit against Facebook’s parent company Meta…

Wealth managers and VCs are helping drive institutional crypto adoption — Wave Financial execs

“Things are much more encouraging, even though this is clearly a time of pain," said Wave Financial’s head of business development Mike Jones. 102 Total views 3 Total shares Two executives at Wave Financial, an asset management firm providing bespoke strategies to high-net-worth individuals and entities, have reported seeing increased institutional demand for crypto products…

Maker Debt Crisis Post-Mortem Recommends New Safeguards

MakerDao (MKR) has published a new report that attempts to put the events of ‘Black Thursday’ into context — and recommends safeguards to ensure it can never happen again.On March 12-13 a roughly 50% crash in the price of Ethereum (ETH) led to the under-collateralization of the debt positions underpinning Maker’s Dai (DAI) stablecoin.The document,…

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