Crypto news

El Salvador President Nayib Bukele has onboarded Saiffedean Ammous – author of The Bitcoin Standard – as an Economic Advisor to the National Bitcoin Office of El Salvador. In his role, the author will “advise on matters related to various economic policies,” while supporting Bukele’s policy of “economic liberty and bitcoin,” according to a Bitcoin office statement.  Economic Advice From Bitcoiners President Bukele met with the Ammous last week to discuss a range of topics...

Following increased regulatory action from the SEC and other local and global watchdogs, members of the crypto community have been worrying about the industry’s future relationship with the banking sector. Pivot to Europe in The Cards The restlessness surrounding future crypto regulation was amplified following the collapse of both Signature Bank and Silvergate Bank, both of which supplied much of the infrastructure needed to keep the crypto world tethered to the banking...

Chip-manufacturing giant NVIDIA (NDVA) surpassed a $1 trillion market cap, bringing the company’s total value close to that of all cryptocurrencies in the world combined. The company’s stock opened at $405.96 on Tuesday, before rising as high as $416.39 by 9:50 am ET. The 6% pump marked a 52-week high for the company. Shares have since cooled to just $402.53 a piece as of 12:47 pm ET, bringing them slightly below the $404.86 level needed to maintain a $1 trillion value.  The...

The Qwan tokens have a total supply of 1 billion with about 455 million, representing 45.5 percent, being allocated to the ecosystem’s treasury. The Qwan, a Web3 crypto token geared towards revolutionizing the gaming industry by involving users, has announced plans to launch on the Ethereum ecosystem on May 31. Backed by key Web3 investors including Horizen Labs Ventures – which has backed successful GamiFi projects like Yuga Labs, The Sandbox, and Animoca Brands – the Qwan token intends...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Many analysts believe the present wave of price hikes and technical upgrades recently enjoyed by leading digital currencies like bitcoin and Ethereum will lead to a huge surge in institutional crypto investing. Bitcoin and Ethereum May Be Boosting Institutional Confidence Not long ago, the price of bitcoin rose...

Robotics developer Serve recently deepened its relationship with Uber Eats to deploy 2,000 bots for food deliveries across the US.  Serve Robotics has expanded its partnership with Uber Eats, deploying as many as 2,000 delivery bots across the United States. Reports state that Serve Robotics’ autonomous sidewalk delivery robots would be on hand to deliver goods via Uber’s platform in several US-based markets. The Serve Robotics-Uber Eats partnership would last until early 2026. Speaking on...

As the NFT landscape continues to evolve, the integration of Ethereum and Bitcoin ecosystems through the BRC-721E standard paves the way for further innovation and expansion that can even attract more mainstream innovators into the Web 3.0 world. The recent introduction of Bitcoin (BTC) Ordinals and the unveiling of the BRC-721E protocol is aimed at bridging the gap between Bitcoin and Ethereum (ETH), particularly in the field of Non-Fungible Tokens (NFTs). According to reports, the...

Although it was launched less than a year ago in its current version, ChatGPT has already made massive strides in the AI community and has become a go-to chatbot for countless questions and inquiries. However, it’s worth noting that the AI virtual machine is not perfect, makes certain mistakes, and cannot be trusted blindly. No, ChatGPT, BTC Has Not Reached $100K Yet The AI chatbot took the world by storm last year as it managed to answer (almost) all questions and queries it...

Tenet is a layer-1 network that’s focused predominantly on the expansion of use cases related to liquid staking derivatives (LSDs). According to a press release shared with CryptoPotato, Tenet has forged a partnership with LayerZero aimed at boosting the adoption of LSDs. LayerZero, in turn, is an omnichain interoperability protocol that’s currently valued at over $3 billion. The first stage of the initiative would be to set up a LayerZero endpoint on Tenet. It will enable...

The ECB has finalized its digital euro prototype scheme as it mulls whether to roll out the government-backed token.  The European Central Bank (ECB) has finalized a digital euro prototype ahead of a development decision. Later this year, the leading central bank would decide whether to develop the fiat euro as a digital variant. According to a Friday report, the ECB examined distributed ledger technology and smart contracts as prime components of a potential digital euro. However, the...