Author: Kryptonews
Welcome back to Chain Reaction, a podcast that unpacks and dives deep into the latest trends, drama and news in crypto with some of the biggest names in the industry to break things down block by block for the crypto curious. For this week’s episode, Jacquelyn interviewed Jack Lu, co-founder and CEO of NFT marketplace Magic Eden. This is his second time on Chain Reaction, but the market has evolved a lot since the last time he came on in August 2022, so we’re excited to have him back! Before co-founding Magic Eden in 2021, Lu worked as a product…
TL;DR A new collaboration aims to give American investors additional options to gain exposure to CRO. Despite the disclosure, the token’s valuation is down 6% for the day, coinciding with the broader decline of the digital asset market. The Deal’s Specifics The popular cryptocurrency exchange Crypto.com shook hands with the investment management firm Canary Capital to establish the Canary CRO Trust. The financial vehicle is designed explicitly for eligible individual and institutional accredited investors in the United States and will provide them with exposure to CRO – the native token of the Cronos network. Steven McClurg, CEO of Canary Capital,…
Introduction to the Blockchain-IoT Powerhouse In the rapidly evolving world of technology, two transformative forces—blockchain and IoT (Internet of Things)—are converging to create unprecedented levels of efficiency, trust, and automation. Smart contracts, the self-executing agreements programmed into blockchain networks, are now seamlessly integrating with smart devices to create secure, decentralized, and fully automated ecosystems across industries. This synergy leverages blockchain’s immutability and smart contracts’ automated enforcement, while IoT’s network of interconnected devices facilitates real-time execution, making everything from supply chains to smart homes more streamlined and trustworthy. The Power of Smart Contracts in IoT Ecosystems Smart contracts eliminate intermediaries, enabling…
Über ein Jahr und ein erfolgreiches ICO ist es her, dass Marc Bettinger (der alte Altcoinspekulant) an dieser Stelle das Start-up Modum in einem Gastartikel vorgestellt hat. Seitdem ist bei Modum viel passiert: Die Produktentwicklung des ersten Lösung zur Temperaturüberwachung ist abgeschlossen und wurde von der schweizerischen Post getestet, Modum ist mit ersten Kunden am Markt, es besteht eine Partnerschaft mit SAP und die wichtigen Strukturen und Funktionen einer Firma sind etabliert. Ich hatte die Gelegenheit, mit Modum CEO Simon Dössegger über den Weg und die Zukunft von Modum zu sprechen. Aus aktuellem Anlass und in eigener Sache: Vor kurzem hat Binance angekündigt…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s brief upswing on Sunday was met with significant resistance at the $2,600 price, which triggered a bearish wave, pushing its price back to $2,360. While its price is demonstrating weakening momentum, reports show that several ETH key metrics have moved into positive territory. A Positive Turnaround For Ethereum’s Market Dynamics In a surprising turn of events, Ethereum’s Market Value to Realized Value (MVRV) indicator has turned bullish after weeks of trending bearish. Seasoned technical and on-chain expert Ali Martinez reported the development in a recent post…
The AFL’s crypto exchange partner, Crypto.com, has breached UK advertising standards on multiple occasions and been accused of “misleading” and “irresponsible” behaviour.The UK Advertising Standards Authority rulings may invite further scrutiny of Crypto.com promotions in Australia.A five-year partnership between the AFL and the Singapore-based exchange was announced in January 2022. Since then, Crypto.com has been promoted around AFL stadiums.In December the ASA ruled that a local Crypto.com advertisement “failed to illustrate the risk of investing in non-fungible tokens”. It also found the ad did not make it clear that fees would apply.In response, Crypto.com disputed the ruling and said the…
Key Takeaways Strategy purchased 7,390 Bitcoin for $555 million at an average price of $103,498. The company aims to hold $42 billion in Bitcoin by 2027, accumulating 576,230 BTC so far. Share this article Michael Saylor’s Strategy on Monday disclosed it had purchased 7,390 Bitcoin between May 12 and 18, investing around $765 million in the acquisition. With this move, the firm has boosted its Bitcoin holdings to 576,230 BTC, currently worth over $59 billion.The software firm financed its latest Bitcoin acquisition through capital raised from its common stock offering and a Series A perpetual convertible preferred stock issuance, according…
The Synergy of Blockchain and AI: Transforming Real-World Solutions Blockchain and artificial intelligence (AI) are two of the most transformative technologies of the digital age. When combined, they create powerful synergies that solve real-world problems in unprecedented ways. Blockchain’s decentralized, immutable ledger enhances transparency and security, while AI’s ability to process vast datasets enables intelligent automation and predictive insights. Together, they are revolutionizing industries from healthcare to finance, supply chains, and beyond. AI-Enhanced Smart Contracts for Secure Automation One of the most significant advantages of combining blockchain with AI is the creation of smart contracts that adapt intelligently. Traditional smart…
Digital asset investment products attracted $785 million in inflows last week, bringing the year-to-date (YTD) total to $7.5 billion, according to CoinShares‘ latest report.This figure marks a new record, surpassing the previous high of $7.2 billion recorded in early February.James Butterfill, CoinShares’ head of research, also noted that the milestone signals a full recovery from the outflows seen between February and March when crypto markets slumped.Bitcoin inflow slowsAccording to CoinShares, Bitcoin-related investment products continued to attract the lion’s share of capital, pulling in $557 million in weekly inflows.While this figure remains substantial, it marks a decline from the $867 million it drew…
Key Takeaways:Texas Senate Bill 21 proposes creating a Texas Strategic Bitcoin Reserve managed by the State Comptroller.The reserve could hold billions in Bitcoin and select cryptocurrencies with over $500B in market cap.Texas positions crypto as a hedge against inflation and a strategic financial asset for state stability.Texas is making a bold move in cryptocurrency policy. A new bill introduced in the state legislature aims to turn Bitcoin into a strategic asset—on par with gold or oil—by creating an official state-managed reserve.Read More: Texas Senate Approves Bitcoin Strategic Reserve BillTexas Pushes for a State-Backed Bitcoin ReserveTexas Senate Bill 21 (SB21), known…
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