The UK Treasury plans to unveil regulations for crypto assets and stablecoins by July, fostering homegrown ingenuity in digital currencies and blockchain tech within the country. At the Innovate Finance Global Summit 2024, Bim Afolami, the U.K.’s economic secretary to the Treasury, shared updates on the government’s efforts to prepare for a major overhaul of … Read more
Some large companies in the cryptocurrency sector, such as Bitcoin Depot, which runs Bitcoin ATMs, have experienced minimal impact from the volatile price swings of cryptocurrencies like Bitcoin. Bitcoin Depot, the largest Bitcoin ATM company in the US, mentioned in their annual report filed on April 15 that there hasn’t been a consistent connection between … Read more
Microsoft deepens its involvement in the international AI sector through a significant collaboration and $1.5 billion financial commitment to G42, an Abu Dhabi-based technology firm specializing in artificial intelligence. On April 16, Microsoft revealed that the purpose of their investment is to accelerate artificial intelligence (AI) advancements and broaden access to innovative tech in the … Read more
What is the IBC protocol? IBC is an open-source protocol designed to facilitate message relaying between separate distributed ledgers and was developed to connect independent blockchains. The IBC protocol serves as a bridge for data exchange and interaction between various blockchains, or “zones.” It’s a secure digital connection among multiple blockchain networks, allowing for the … Read more
The increasing influence of Bitcoin (BTC) during the past 15 years highlights the significance of the innovative solutions developed by its creator, Satoshi Nakamoto, to address the weaknesses in the traditional fiat currency system. One such solution is the concept of halving. The Bitcoin halving mechanism, created by Nakamoto, gradually decreases the rewards for mining … Read more
BONK’s price has fallen by double digits in the last week. Key indicators suggest the possibility of a further decrease. According to data from CoinMarketCap, the memecoin Bonk, which runs on the Solana blockchain and is represented by the symbol BONK, has experienced significant losses over the past week, ranking as the second asset with … Read more