Iraq commitment to capture flare gas sparks crypto mining speculation

Recently, Deputy Prime Minister of Iraq, Muhammad Ali Tamim, held a joint session as co-chair with U.S. Secretary of State Antony Blinken, in the U.S.-Iraq Higher Coordinating Committee, to deliberate on the forthcoming collaboration between their countries. At the meeting, Deputy Prime Minister Tamim made it plain that Iraq aimed to decrease its reliance on … Read more

‘Stake Solana with native teams,’ exec suggests – Here’s why

Helius Labs’ exec raises concerns about big corporations being top Solana validators.  However, one of Solana’s native validators is amongst the super minority group.   Coinbase and Binance (BNB) are two major players in the Solana (SOL) validator community, collectively managing around one-third (33%) of the staked Solana coins (SOL). With over 1700 validators in total, … Read more

GameFi ecosystem makes a comeback amid surging crypto prices

In a quieter 2022 and a more subdued 2023, GameFi projects have regained momentum with the surge of the current cryptocurrency market boom. This week, StepN’s move-to-earn protocol announced a partnership with Adidas for the release of 1,000 unique NFTs (Non-Fungible Tokens) on Solana. As part of a year-long collaboration between the companies, this is … Read more

UK trade association experiments with Regulated Liability Network

UK Finance, a British organization representing the banking and financial sector, has initiated a trial run of the U.K. Regulated Liability Network (RLN) with the participation of eleven member companies. In the first use case of our exploration, we will investigate the implementation and implications of payment after receipt for tangible items, with a focus … Read more

DeepMind CEO says Google to spend more than $100B on AGI despite hype

According to Demis Hassabis, CEO of Google DeepMind, Google isn’t shying away from the competition presented by Microsoft in the realm of artificial intelligence. At a TED event in Canada, Hassabis shared his belief that Google would invest over $100 billion in the future for the advancement of Artificial General Intelligence (AGI). This statement was … Read more

Making the case for Litecoin’s breakout before Bitcoin’s halving

On-chain metrics supported a Litecoin significant increase before the halving. Those who bought LTC at lower prices have quit profit-taking. According to AMBCrypto’s observation, Litecoin (LTC) has reached a significant point that could lead to a price rebound. The Market Value to Realized Value (MVRV) Z-Score, which can be derived from Glassnode, currently stands at … Read more