Traders still riding on ‘hot altcoins’ despite Bitcoin pullback: Santiment
Sand, XLM, and Ether are leading social discussions among traders at the moment, according to data from analytics platform Santiment.
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Ethereum’s top 10 DApps hit 1M users this month
Ethereum-powered decentralized applications, or DApps, have attracted more than one million active users over the last 30 days according to analytics platform DappRadar. This milestone comes as interest in decentralized finance, commonly referred to as DeFi, received a second wind, with the number of users growing by 11% in the first 11 days of November. The…
Blockchain platform Alchemy raises 250M in Series C led by Andreessen Horowitz
Alchemy's tertiary financing round brings the company's valuation to $3.5B. 466 Total views 8 Total shares San Francisco-based blockchain web services company Alchemy announced a $250 million Series C fundraising round led by Andreessen Horowitz on Thursday, bringing its current valuation to $3.5 billion.This announcement comes hot on the heels of a late April $80…
Bitcoin IRA to Launch Interest-Earning Crypto Accounts Next Month
BitcoinIRA has partnered with digital asset lending firm Genesis Capital to offer investors the opportunity to earn interest on cryptocurrency and cash holdings. As an Oct. 21 press release notes, Los Angeles-based Bitcoin IRA has provided digital asset individual retirement account (IRA) solutions since 2016 and processed over $350 million in investments, onboarding 4,000 clients. Genesis Capital…
Enjin plans to use NFTs to promote sustainability and equality as member of UN pact
The company previously said it planned to enable carbon-neutral NFTs by 2030, and claimed its JumpNet blockchain is already carbon-negative. 280 Total views 1 Total shares The United Nations Global Compact, a non-binding pact aimed at encouraging businesses to adopt sustainable and socially responsible policies, has accepted nonfungible token and blockchain gaming and platform Enjin…
Alibaba launches its ChatGPT-like AI model for public use amid loosening restrictions in China
The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems. 96 Total views 3 Total shares Alibaba announced that its proprietary large language model, an artificial intelligence system called Tongyi Qianwen, will be available for public and enterprise access throughout China starting Sept. 13. Tongyi Qianwen is a ChatGPT-like large language
Experts debate Bitcoin climate footprint in latest Cointelegraph Crypto Duel
In the latest Cointelegraph video debate, experts discuss pathways towards making Bitcoin more sustainable. 387 Total views 20 Total shares In the latest Cointelegraph Crypto Duel, founder of Digiconomist Alex de Vries and CEO and founder of Blockchain for Climate Joseph Pallant debated the intensity of Bitcoin’s footprint and possible paths forward to reduce it. As…
JP Morgan CIO: Blockchain Will Replace Existing Technology
JP Morgan CIO Lori Beer said at a press conference in Buenos Aires that blockchain will “replace existing technology” in a few years, according to Argentinian website Cripto247 August 23. “We will see a greater and wider use of blockchain [...] In a few years blockchain will replace the existing technology, today it only coexists…
Coinbase acquires trading execution platform Routefire
The exchange seeks to improve its Prime suite of brokerage tools for institutions. 547 Total views 4 Total shares Major cryptocurrency exchange Coinbase has acquired the Routefire platform for enhanced trade execution.In a Jan. 7 blog post, Routefire CEO Jason Victor announced that the team would now be developing its execution services for Coinbase, while…