Justin Sun, founder of Tron, publicly revealed his ownership of the top wallet holding Donald Trump’s memecoin, securing him an invitation to a private dinner and reception with the former president. Sun’s May 19th X post announced his attendance at…
Bancor, a pioneer in automated market makers (AMMs) using smart contracts, has initiated legal action against Uniswap, alleging patent infringement. The lawsuit, filed in the US District Court for the Southern District of New York on May 20th, claims Uniswap…
Ethereum’s price action shows a bullish flag pattern on the daily chart, consolidating between $2,400 and $2,750. This follows a sharp rally from $1,900 to $2,730, suggesting a potential continuation of the upward trend. A breakout above $2,600 could target…
Brian Armstrong, CEO of Coinbase, has significantly shifted his stance on political engagement since his 2020 declaration of an “apolitical culture” at the company. His initial emphasis on avoiding political statements at work contrasted sharply with his recent actions. Armstrong’s…
Bitcoin’s bullish momentum intensifies, nearing its highest monthly close ever. A close above $102,400 this month would surpass all previous records, solidifying the ongoing bull market’s rapid pace. This surge is further fueled by a significant “liquidation magnet” hovering above…
Validation Cloud’s recent launch of Mavrik-1, an AI engine operating on the Hedera network, signifies a significant step towards democratizing access to decentralized finance (DeFi) data. This AI-powered tool allows users to query blockchain data using natural language, eliminating the…
Ether (ETH) experienced a significant price surge on May 20th, climbing over 5% to reach $2,520. This upward trend mirrored a broader recovery across the cryptocurrency market, with Bitcoin (BTC) rising 2% to surpass $105,000 and other major altcoins also…
Argentine President Javier Milei dissolved the Investigative Task Force (ITU) established to probe the LIBRA cryptocurrency debacle. The ITU’s dissolution, effective May 19th, followed a decree signed by Milei and Justice Minister Mariano Cúneo Libarona. This action comes despite opposition…
SEC Chair Atkins Prioritizes Crypto Regulation in First Hearing Newly appointed SEC Chair Paul Atkins, in his first congressional hearing since assuming office in April, emphasized his commitment to making cryptocurrency regulation a top priority. Testifying before lawmakers in a…
The cryptocurrency industry often prioritizes applications based on adoption and revenue, overlooking the crucial role of blockchains. This prioritization is misguided, as DApps are entirely dependent on their underlying blockchains for functionality. The long-term value of the crypto ecosystem rests…
