Polkadot, a prominent blockchain platform, is under scrutiny for alleged discrimination and ecosystem toxicity, alongside a looming financial crisis. Concerns have been raised about the insufficient representation of Asian developers, exacerbating tensions within the platform’s community. Notable criticisms have surfaced regarding the lack of strategic focus and support for developers within the Polkadot ecosystem. Explore
In a groundbreaking development, ElevenLabs has announced the release of its new Reader App featuring voices of Hollywood legends. This innovative app employs AI to recreate the voices of famous stars, fully authorized by their estates. “We deeply respect their legacy and are honored to have their voices as part of our platform,” stated Dustin
Bitcoin is poised for a significant upward trajectory in this market cycle, as per BitMEX co-founder Arthur Hayes. Though Bitcoin’s price has remained relatively stable recently, Hayes believes U.S. fiscal policies will catapult it to new highs. “The extensive government spending and monetary expansion will reinvigorate Bitcoin,” stated Hayes with confidence. Arthur Hayes foresees a
BitMEX co-founder Arthur Hayes is quelling concerns that the crypto bull market is over by pointing at U.S. credit conditions.
Donald Trump’s prospects of winning the 2024 election have risen, with the prediction market Polymarket reporting his odds at 66% as of July 2, 2024. Meanwhile, a wager worth $294 million indicates that incumbent President Joe Biden’s chances stand at 18%. Trump Favored Over Biden in 2024 Election According to Prediction Markets The Polygon-powered prediction
In a growing storm of controversy, the Polkadot blockchain platform is now facing accusations of discrimination and toxicity within its ecosystem, on top of concerns over an impending funding crisis for its Treasury. Polkadot Criticized For Neglecting Asian Developers The co-founder of the decentralized network Manta, Victor Ji, recently took to social media to voice
In a significant turn of events, Coinbase and Ripple are leveraging a recent court ruling involving Binance to push for more precise SEC crypto regulations. Ripple underscores a judge’s observation on the discordance between traditional securities laws and cryptocurrency transactions. Coinbase challenges the SEC’s broadened application of securities laws to the crypto sector, advocating for
A groundbreaking partnership in the crypto sector is making headlines in Singapore. The collaboration signifies a significant advancement in crypto custody services. Noteworthy comments from industry leaders highlight the strategic importance of this move. Discover how Singapore’s leading bank and a key stablecoin issuer are reshaping the crypto custody landscape, bringing enhanced trust and security
Binance, the world’s foremost cryptocurrency exchange, has wrestled with difficulties pertaining to stablecoins, primarily after regulatory examination of its own stablecoin, BUSD. In response, Binance has adopted alternative stablecoins, including TUSD and FDUSD. Despite controversies, such as speculations around TUSD during a zero-fee campaign, Binance continues to evolve and innovate. Explore Binance’s adaptation strategies in
Ethereum long-term investors are currently retaining approximately 78% of the cryptocurrency’s circulating supply. According to IntoTheBlock, these long-term holders have added to their holdings amid recent market downturns. This trend indicates strong investor confidence in Ethereum, as it reduces the coins in circulation and potentially limits price declines. Ethereum long-term investors are strengthening their position,