Irys, formerly Bundlr Network, secures $8.9M led by Lemniscap to enhance on-chain data management and combat misinformation. The rebrand focuses on data provenance and scalability. #Blockchain #Updates
? UXLINK (@uxlink_social) hits 10M registered users, a first in #SocialFi! Their unique approach ensures real social interactions with strict human verification. Next goal: 30M users! #Blockchain #Updates
Chromia’s Layer-1 blockchain launches a testnet with a 250,000 $CHR reward pool. Initiatives: HackNet, ProjectNet, and QuestNet target developers and users. #Blockchain #CryptoNews
Sen. Mark Warner’s bill, S.4443, could let President Biden block crypto transactions linked to terrorism. Critics fear it might lead to user bans on protocols. #CryptoRegulation #BlockchainNews
May’s U.S. CPI data shows inflation steady at 0.3% and yearly CPI down to 3.3%. Bitcoin rallies 3.60% to $69,411.30, while $ETH and $SOL gain 3% and 4%. #Crypto #Updates
Bitcoin ($BTC) surged past $69,000 as May 2024’s U.S. CPI showed a year-over-year rise of 3.3% with just a 0.2% monthly increase, signaling slowing inflation. #Bitcoin #CPI
? Kauai, Hawaii police warn residents of scammers posing as officers to extort cryptocurrency fines. Never pay fines via crypto. Report suspicious calls to authorities. #CryptoScam #HawaiiNews
Crypto hacks cost nearly $19B, with 2023 seeing the most thefts. The U.S. faced $984M in losses. 75% of 2023’s stolen funds moved to DeFi. #CryptoCrime #BlockchainSecurity
Intelion to invest $130M in AI data centers in Russia, shifting from crypto mining to AI cloud services. First center in Samara by Q4 2024. #AI #TechNews
Elon Musk has withdrawn his lawsuit against @OpenAI and CEO Sam Altman, citing efforts to enforce open-source principles. This move impacts investor sentiment and AI ethics. #AI #Ethics
French startup Mistral AI secures €600M in Series B funding, reaching a $6B valuation. Investors include @GeneralCatalyst, @LightspeedVP, @a16z, @nvidia, @Samsung, and @salesforce. #AI #FundingUpdates
Crypto leaders shift focus to UK’s Labour Party ahead of July 4 snap election, aiming to influence future regulations and revive London’s status post-Brexit. #cryptonews #UKelection
Shiba Inu ($SHIB) eyes a bullish breakout, buoyed by AR/VR project @5thScape’s $6.1M presale and VR gaming innovations. SHIB trades at $0.000023 with a $13.63B market cap. #cryptonews #VR
Kalypso partners with Symbiotic to enhance security in decentralized ZKP networks using Ethereum restaking. Transactions are settled on Arbitrum Nova for high throughput. #Crypto #Blockchain
