IOTA Selected for EU Blockchain Sandbox Program
The IOTA Foundation’s Web3 ID Solution, developed with @wait.id and @IDnow, joins the EU Blockchain Sandbox. It enhances KYC processes with DLT and tokenization. #Blockchain #Web3
Crypto News
General category for all types of news related to the cryptocurrency world.
Bitcoin Surge: MicroStrategy Invests $500M in Cryptocurrency #Bitcoin
MicroStrategy plans to issue $500M in convertible notes to buy more Bitcoin ($BTC), maturing in 2032. This boosts their holdings to 214,400 BTC. #Crypto #Bitcoin
Crypto Surge: Europe’s Right-Wing Politics Impact #Crypto
Europe sees a political shift as right-wing parties like Marine Le Pen’s National Rally gain ground. This could lead to relaxed crypto regulations, boosting $BTC and innovation. #Crypto #Updates
Crypto Prodigy Criticizes NFTs, Predicts Major Changes #Crypto
Yale ReiSoleil, Jr., 17-year-old @Untrading co-founder, criticizes “lazy” NFTs but highlights their potential. Predicts drastic blockchain changes by 2030, enhancing accessibility and value. #Blockchain #NFTs
Layoffs: Paxos Cuts Workforce by 20%
Paxos, issuer of PayPal USD ($PYUSD), cuts workforce by 20%, affecting 65 employees. CEO Charles Cascarilla aims to capitalize on tokenization and stablecoin opportunities. #Crypto #Updates
Blockchain Adoption Surges Among Fortune 500 Executives #Crypto
56% of Fortune 500 executives are testing on-chain projects, with Fortune 100 blockchain initiatives up 39% YoY. Bitcoin price surpasses $73K. #Blockchain #CryptoNews
Riot Acquires 13% of Bitfarms Amid Takeover Battle #Crypto
Riot Platforms ($RIOT) ups stake in Bitfarms to 13.1%, buying six million shares for $111M. Bitfarms’ stock surges 56% amid takeover battle. #CryptoMining #Updates
Paxos Cuts 20% Workforce Amid Market Challenges #Crypto
Paxos has laid off 20% of its staff to focus on growth in the tokenization and stablecoin market. Paxos CEO Charles Cascarilla confirmed 65 employees were affected. #Crypto #Stablecoin
Crypto and AI Markets Surge to $20 Trillion
Cryptocurrency and AI sectors are projected to reach $20 trillion by 2030. Notable developments include Core Scientific’s $3.5B deal and Nvidia’s market cap surpassing $3T. #Crypto #AI
ZK Prover Achieves Sub-Second Performance Milestone #Crypto
? Space and Time (SxT) unveils Proof of SQL, a sub-second zero-knowledge prover enhancing on-chain transactions and defi growth. Processes 100,000+ row tables swiftly on a single GPU. #Crypto #Blockchain
Solana: Circle Debuts Web3 Tools for Developers
Circle expands Web3 services to Solana, introducing Programmable Wallets and Gas Solutions to enhance security and developer ease. This move supports Solana’s $4.48B DeFi ecosystem. #Web3 #Solana
Crypto and AI Boost Global GDP by $20T #Crypto
Juan Leon of @BitwiseInvest predicts AI and crypto could add $20 trillion to global GDP by 2030. Key synergy: AI data needs met by Bitcoin mining tech. #AI #Crypto #Updates
Toncoin Soars as TapSwap Hits 50M Players #Crypto
Toncoin (TON), developed by @telegram, surged 600% in 2023, hitting a market cap of $17.6B and becoming the 9th-largest cryptocurrency. Active wallets soared to 8.07M. #Crypto #TON
Moonbeam Launches $13M Web3 Gaming Fund #Crypto
Moonbeam Network launches a $13M fund to boost its ecosystem, focusing on gaming and asset tokenization. N3MUS receives the first innovation grant. Key players: @StellaSwap, Moonwell. #Web3 #Updates