Tech giants losing momentum as AI progress disappoints investors
The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus.
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Coinbase layer-2 network Base hits 136,000 daily active users
Around 30% of Base's users on Aug. 10 were new to the blockchain which launched only a day prior. 284 Total views 4 Total shares Daily active users on Coinbase's layer 2 blockchain have exceeded 100,000 for the first time, just the day following the official launch of the network.Dune Analytics figures from Aug. 10…

Sen. Elizabeth Warren and colleagues demand to see Binance’s balance sheets
Three United States senators have written a letter to the CEOs of Binance and Binance.US with a long list of objections to the companies’ perceived policies and actions. 571 Total views 7 Total shares Own this piece of history Collect this article as an NFTThree United States senators led by Elizabeth Warren have sent a…

Bitcoin dips 5% to key support in ‘moment of truth’ for crypto market
Bitcoin (BTC) fell sharply after the May 24 Wall Street open as a “long awaited retest” of key trend lines materialized.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewBitcoin abandons uptick to retest moving averagesData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $26,154 on Bitstamp — its lowest since May 12.The latest action was…

Crypto degens ‘hungry’ for next big SocialFi breakthrough — K33 Research
Crypto users are increasingly turning attention to new SocialFi apps, but analysts say it’s probably too early to say whether “SocialFi season” has arrived.

Coincheck Survey Service Allows Users to Trade Reward Points for Crypto
Cryptocurrency exchange Coincheck, a subsidiary of Japanese financial services firm Monex Group, partnered with marketing research company Macromill Group to launch the Coincheck Survey service that allows its users to exchange reward points for digital assets.Got points? Get crypto!According to Monex Group’s official press release published on Sept. 4, customers will be able to “exchange…

SEC and feds charge man over $200M crypto trading scheme
The US Securities and Exchange Commission and federal prosecutors have charged a man they allege created a crypto scheme that swindled 90,000 people out of $200 million in the hopes of earning returns from Bitcoin and forex trading. The SEC said on April 22 that it had charged Ramil Palafox, a dual citizen of the

Bitcoin ETF optimist and Worldcoin skeptic Gracy Chen: Hall of Flame
Gracy Chen is managing director of crypto exchange Bitget and judge of Web3 reality show Killer Whales. by Ciaran Lyons 4 min September 12, 2023 Share Tweet Share Share Gracy Chen, managing director of global cryptocurrency exchange Bitget, advised her followers and friends not to scan their eyeballs in exchange for a few Worldcoin tokens.“There’s

Alameda Research files $90M ‘aggressive’ lawsuit against Waves founder
FTX and Alameda’s “aggressive legal strategy” highlights the complexity of their financial issues after suing over 20 entities for funds, according to blockchain experts.