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Animoca Brands Enters Bitcoin Market with New Protocol

Animoca Brands, a Hong Kong-based developer of game software, is joining the Bitcoin BTC market by supporting the Opal Foundation, a fresh take on the Bitcoin ecosystem protocol. On April 30, Animoca Brands announced on X that the company is “coming to Bitcoin” and revealed its lofty goals of creating the “largest Web3 ecosystem” for … Read more

Regulatory Crackdown Looms for Venezuela’s Digital Currency

Experts caution that more rules are required in light of Venezuela’s projected transition to digital currency. According to Reuters, the development coincides with Venezuela’s national oil corporation PDVSA increasing the usage of digital currency for fuel and crude oil exports. This choice was made in response to the Biden administration’s decision not to renew a … Read more

Apple Builds AI Team: Staff Poached from Google, Lab Created

Apple is reportedly acquiring specialists from Google with the aim of expanding its own group of artificial intelligence (AI) and machine learning specialists. In a “hiring spree” over the past year, Apple reportedly recruited “dozens” of these specialists away from Google, according to a Financial Times (FT) report from April 30. According to the report, … Read more

Amboss CEO: Lightning Network Key to Efficient Bitcoin Transactions

Bitcoin’s layer-2 solution, the Lightning Network, has been hailed as a game-changer for the greatest digital asset in the world, enabling faster and more affordable transactions. But despite its potential, adoption has been sluggish overall. The CEO and co-founder of Amboss, Jesse Shrader, was interviewed by Liam “Akiba” Wright and James Van Straten for the … Read more

Crypto Hype Alert! Avalanche Founder Issues Warning to Developers

Emin Gun Sirer, the founder of Avalanche, has taken aim at certain anonymous cryptocurrency inventors who are disguising fake tokens that pose a risk to investors. Taking to his X page, Sirer gave advice to the community about not being sucked into another cryptocurrency project that focuses more on creating new buzzwords than value transfer. … Read more

Defunct DeFi Protocol Leaks Funds After Pool Hack

On the Arbitrum blockchain, Yield Protocol’s strategic contracts lost almost $181,000 worth of cryptocurrency. By taking advantage of Yield Protocol, the defunct decentralized finance (DeFi) lending protocol, smart contracts, hackers were able to siphon off cash. Yield Protocol closed its doors in December 2023, citing pressure from international regulations and a decline in business demand. … Read more

Dapper Duck (DAPDUCK) Challenges Shiba Inu and Dogecoin: 7,400% Rally on Solana Launch

Dapper Duck (DAPDUCK), like Dogecoin (DOGE) and Shiba Inu (SHIB), has the potential to become a popular memecoin. Today’s launch of Dapper Duck (DAPDUCK), a Solana memecoin, is meant to take on major memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB). Dapper Duck offers a comparable potential to the enormous gains that early investors in … Read more

MicroStrategy Makes Another Bitcoin Purchase

MicroStrategy buys $1.65B in Bitcoin, now retains 1% of total supply despite revenue dip. As to MicroStrategy’s most recent financial reports, the company has substantially boosted its Bitcoin holdings, having bought an extra $1.65 billion in value in the first quarter. With the purchase of around 25,250 Bitcoin at an average cost of $65,232 apiece, … Read more

Ripple Announces New Partnership, XRP Price Responds with Surge

Even though it has been battling the SEC in court for years, Ripple is still growing outside of the United States. At this point, the Ripple front was announcing a new collaboration. Today, Ripple made a major announcement: it announced that it will be working with HashKey Group’s professional consultancy HashKey DX, located in Tokyo, … Read more

Eminem Joins the Crypto Craze: Raps for Crypto.com in New Ad

Once the digital asset trading platform FTX collapsed, it became less common to promote cryptocurrencies as profitable investments.  Nevertheless, given that well-known rapper Eminem is currently providing the voice in a commercial for Crypto.com, there appears to be a rebirth in cryptocurrency endorsements. The rapper uploaded the promo, which features his narration over a video … Read more

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