Crypto news

Leading chipmakers MediaTek and Nvidia recently combined resources to “offer a truly unique” in-cabin AI experience in automobiles.  Taiwan’s MediaTek Inc has partnered with US chip-manufacturing giant NVIDIA (NASDAQ: NVDA) to bring enhanced AI tech to automobiles. The partnership seeks to revamp in-car experiences with software-defined, smart cabin solutions using Nvidia’s GPU chiplets. The joint artificial and accelerated computing offerings would be available in a broad vehicle class...

[PRESS RELEASE – New York, New York, USA, May 29th, 2023] Memevengers coin ($MMVG) has been gaining attention following a Uniswap listing on May 25th. $MMVG reached a market cap of over $20 Million and a $1 Million trading volume. The Memevengers coin $MMVG can be traded on Uniswap, where it is paired against WETH. In addition, liquidity for the token is set to increase further when $MMVG lists on MEXC at 10am UTC on May 30th. The team hopes that Memevengers will improve...

The outcome of the SEC’s lawsuit against Gemini and Genesis is expected to have significant implications for the crypto industry and its evolving regulatory landscape. Gemini crypto exchange, and Genesis, an insolvent crypto lender, have jointly filed a motion in US federal court, seeking the dismissal of the complaint filed by the United States Securities and Exchange Commission (SEC) complaint against the Earn Program. The SEC alleges that the Earn Program, operated by both firms,...

Nvidia has announced that the DGX GH200 supercomputer should be ready by the end of 2023. Jensen Huang, Nvidia CEO, made some announcements about the company’s DGX GH200 supercomputer during his presentation at Computex, an annual computer expo held in Taiwan. He mentioned that the supercomputer is being created to assist companies in creating generative AI models. There has been a noticeable shift toward AI-assisted solutions provided by established and emerging tech companies due to...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The prices of bitcoin, several crypto stocks, and other leading altcoins have fallen somewhat at the time of writing following fears surrounding higher-than-expected inflation figures stemming from the United Kingdom. Inflation was Much Higher Than Expected in the U.K. Inflation in the U.S. and for all its...

There are currently a total of 9,909,465 million holders for the Reddit collectible avatars aka the Reddit NFTs. Just within 11 months since its launch in July 2022, Reddit Collectible Avatars have seen massive traction with more than 10 million holders of its collectible avatars. As per the data from Dune Analytics, there are currently a total of 9,909,465 million holders for the Reddit collectible avatars aka the Reddit NFTs. Of them, 7.7 million holders have been identified as single...

The high demand for AI stocks has raised concerns about a possible bubble, as many investors are pumping funds into AI technologies. However, renowned economist Jeremy Siegel believes it’s not yet time for a bubble. Investors are placing big bets on the potential for artificial intelligence (AI) as the technology continues to boom. While some have expressed concerns about a possible bubble forming in the AI market, Jeremy James Siegel, a renowned economist, and Russell E. Palmer, professor...

The gas monetization functionality encourages a more inclusive and robust developer ecosystem on the Fantom platform. Blockchain protocol Fantom (FTM) announced on Twitter that it has released a gas monetization feature that will enable its developers to receive 15% of the gas commissions generated. With this groundbreaking development, Fantom is set to revolutionize the landscape of decentralized application (dApp) development and incentivize developers to build innovative solutions on...

European stock markets were higher in pre-trade amid impending Congress vote on the proposed US debt ceiling bill. European markets opened higher on Monday following the US debt ceiling deal between President Joe Biden and House Speaker Kevin McCarthy. Over the weekend, the two high-ranking politicians finally agreed to raise the US debt ceiling, thereby preventing a default. In light of the deal, Biden and McCarthy now seek to convince Congress to approve implementation in the coming...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Stellar lumen price is attempting a fresh increase from the $0.085 zone against the US Dollar. XLM price is now trading above $0.0880 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.0888 on the 4-hour chart (data feed via Kraken). The pair could...