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Cardano Founder Charles Hoskinson Speaks Up on Which is the Best Blockchain for AI

Artificial intelligence has been one of the hottest topics in the cryptocurrency industry (and well beyond it) for more than a year now, and many teams are looking for ways to leverage their tech stack and build off of AI. Charles Hoskinson, the founder of Cardano, recently took to X to share his thoughts on which network might be the best for AI-based applications. Under the hood, Algorand’s tech combined with a useful proof of work turned to AI interface would make it the...

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Robert F. Kennedy Jr. Endorses Donald Trump, Uniting Pro Bitcoin Candidates

The United States’ most popular independent candidate for President has officially placed his political support behind Donald Trump in the 2024 Presidential election. His endorsement places two of three leading Presidential candidates who are explicitly pro-Bitcoin on the same political team. Why RFK Has Endorsed Trump Kennedy said that the Trump campaign had offered him a place within Trump’s administration. He said he received a call from Trump’s campaign and later met with...

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The Latest Pi Network Updates

TL;DR Pi Network is advancing towards the deployment of the mainnet, with millions of users migrating, but the exact launch date is still unclear. Users must complete KYC by September 30, 2024, with further details expected in an upcoming talk show. What’s New? Pi Network is a crypto project that aims to enable users to mine and earn digital assets on their mobile devices. It was introduced in 2019 and aims to be energy-efficient by using a consensus algorithm called Stellar...

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Avalanche and AAVE Bulls Rack Up Millions of DTX Tokens at $0.04 Ahead of the Autumn Rally 

After the 60% run from August 12th, AAVE holders have booked their profit at around $135. Avalanche (AVAX) investors are also selling some of their holdings in the bounce as another coin; DTX is available at a good valuation from fundamental and technical perspectives.  DTX Exchange (DTX) is the first hybrid exchange aiming to revolutionize the exchange industry with blockchain technology and innovative thinking. AAVE Burst Out With High Volume  AAVE’s breakout from the descending...

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Layer-2 Meme Coin Pepe Unchained Raises $10M in Presale Event

Berlin, Germany, August 23rd, 2024, Chainwire Pepe Unchained (PEPU), a new meme coin project, has raised over $10 million during its presale event. The project, which is developing a Layer-2 solution on the Ethereum blockchain, has reported significant funding and community interest by promising faster transactions, reduced fees, and staking rewards. Pepe Unchained Passes $10M Presale Milestone Ahead of Planned DEX Listing The presale allows early investors to buy the native PEPU token...

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12,000 Bitcoin Removed from USDD Reserves, Sun Responds

Tron founder Justin Sun has downplayed concerns following the removal of 12,000 Bitcoin, worth over $729 million, from the reserves backing Decentralized USD (USDD), a stablecoin governed by the Tron DAO Reserve. The action was recorded on August 19, when the blockchain observer Blockchair discovered that the Bitcoin was taken out of the address that was linked to the USDD collateral. This led to concerns on the social media platform x (former Twitter), where some of the users said that Sun...

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McDonald’s Instagram Hacked, $700K Stolen via Fake Memecoin

On August 21, hackers hacked McDonald’s official Instagram page and executed a scam that resulted in over $700,000 in stolen Solana. They used the popular social media account to promote a fraudulent memecoin named “Grimace,” inspired by McDonald’s purple mascot. The attack started with McDonald’s Instagram account being seized and used to spread information on the fake token called GRIMACE. Screenshots posted on X revealed that the hackers were able to create multiple posts that spammed the...

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