Crypto AI Alliances on the Rise: $7.5B Token Merger Sparks Growth
ChainGPT, a blockchain AI platform, is set to launch its Wisdomise AI project through an initial dex offering (IDO) on May 13. Wisdomise AI is...
Decline in Runes Protocol Activity
The Runes protocol has seen a significant decrease in activity since its initial week of trading. On May 10th, there was a noticeable decline in...
Grayscale Bitcoin ETF: A $66.9M Inflows Reversal
Investments in Grayscale's Bitcoin (BTC) exchange-traded fund (ETF) quickly declined after a short surge, resulting in significant outflows. The Grayscale Bitcoin Trust (GBTC) experienced inflows...
CEO Stepping Down as Ethereum L2 Eclipse Faces Misconduct Allegations
Neel Somani, the founder and CEO of Ethereum layer 2 blockchain Eclipse, has announced that he will be stepping back from his role as a...
Former Google Executive Joins Aptos Labs as Web3 Advisor
Aptos Labs, a blockchain platform created by former Facebook employees, is making progress in its mission to make decentralized assets accessible to billions of people....
JPMorgan Criticizes Public Blockchain Ledgers
JPMorgan CEO, Umar Farooq, has stated that public blockchains are not suitable for large transactions. During the BIS Innovation Summit, Farooq expressed the need for...
Record High Stacks Active Accounts Driven by Bitcoin DeFi Interest
Leading Bitcoin layer-2 (L2) network Stacks has experienced a surge in active users, indicating a growing interest in Bitcoin-native decentralized finance (DeFi). In April, Stacks...
Chainlink & Rapid Addition to Develop Blockchain Adapter for Institutions
Blockchain oracle project Chainlink has formed a partnership with FIX connectivity solutions provider Rapid Addition to create a FIX-native adapter for institutional digital asset trading....
High Queued Withdrawals: TVL’s Downward Trend
EigenLayer, the largest Ethereum restaking protocol, has experienced a high number of withdrawal requests following disappointment over its planned EIGEN token airdrop. According to data...
Ripple’s XRPL Chosen by SBI Group for Supply Chain Solutions in Japan
SBI Group, a Japanese corporation, is set to become the first company in Japan to utilize the XRP Ledger (XRPL) blockchain supply chain solutions. Ripple,...