As market volatility becomes the norm, investors are increasingly seeking safe havens for their assets outside of traditional options like the S&P 500. Historically, assets like gold, real estate, and government bonds have served as refuges during economic downturns. However, as markets continue to evolve, the need for alternative investment
India is taking significant steps toward enhancing cross-border payment efficiency by proposing a plug-and-play system for Central Bank Digital Currencies (CBDCs). Shaktikanta Das, Reserve Bank of India (RBI) Governor, emphasized the importance of interoperability in cross-border payments. Recently, Das highlighted that interoperability should be a key design element to maximize
The firm building the verifiable compute layer, Space and Time (SxT) Labs, announced today that it has raised $20 million in Series A funding to maintain its position as the industry leader at the nexus of blockchain and artificial intelligence. With the Series A equity funding, the firm has raised $50 million
As the intersection of artificial intelligence (AI) and blockchain technology continues to evolve, Binance Labs has made significant investments in AI-focused startups. These strategic moves align with Binance’s commitment to fostering innovation and sustainable business practices in the rapidly growing Web3 ecosystem. On August 14, 2024, Binance Labs announced its
YeagerAI has announced the successful completion of a $7.5 million seed round for its GenLayer, an AI-powered Intelligent Blockchain, which was headed by North Island Ventures. World-class web3 venture capital firms, such as Arrington Capital, Node Capital, Samara AG, DCF Capital, WAGMI Ventures, Magnus Capital, MH Ventures, BlockBuilders, TykheBlock, ZK Ventures,
Market experts and leading fund managers believe that Ethereum (ETH) is set to experience a significant price rally after the recent approval of the Ethereum ETF. Hence, the latest Ethereum price predictions have inspired numerous crypto traders to invest in Ethereum-based tokens such as RCO Finance (RCOF) and Aave (AAVE).
The results of TeraWulf’s second quarter, which were announced in August, were not entirely satisfactory. Revenue was up somewhat from the projected statistics. Even though the company’s Bitcoin production was down from the same time in 2023. In comparison to the same time last year, TeraWulf’s mining output decreased by
Delaware, United States, 16th August 2024, Chainwire
The cryptocurrency market continues to grow, presenting several affordable investment opportunities. This August, a variety of cryptos priced under $1 are drawing attention from savvy investors. These range from technologically advanced hybrids to engaging meme coins with substantial growth potential. As investors look for value, these low-priced options could be
HyperCycle, an artificial intelligence firm, has announced RingOfRings, a partnership aimed at improving digital asset management. The initiative’s goal is to increase nascent crypto projects’ credibility and trust by showcasing their dedication to putting strong security standards in place. RingOfRings, which were unveiled on August 14 at the Blockchain Futurist
