Crypto news

[PRESS RELEASE – Los Angeles CA, United States, May 23rd, 2024] In an unprecedented fusion of innovative science and advanced technology, a leading biotech company has unveiled an ambitious project to bring back the extinct Dodo Bird. Embracing the spirit of this fearless and curious bird, the company is also introducing the MeDoDo Coin. Historically, the Dodo Bird was known for its fearless and inquisitive nature, often following humans out of sheer fascination. Inspired by...

[PRESS RELEASE – San Francisco, CA, USA, May 23rd, 2024] Plume has already seen more than 80 RWA projects spanning collectibles, alternative assets, synthetics, luxury goods, real estate, DeFi and more all building on the network in testnet alone. Plume, the first modular EVM Layer-2 built to bring any real-world asset (RWA) on-chain, announces its $10M seed round led by Haun Ventures with participation from Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures,...

[PRESS RELEASE – Grand Cayman, Cayman Islands, May 23rd, 2024] With the addition of the Mesh platform, Sui Wallet will achieve product parity with the world’s largest self-custody wallets, while Mesh now natively supports the SUI token Sui, the pioneering Layer 1 blockchain that offers industry-leading performance and nearly infinite horizontal scaling, and Mesh, the leading embedded finance solution for crypto, today announced the integration of Mesh’s seamless digital asset...

[PRESS RELEASE – Dubai, UAE, May 23rd, 2024] Mirada AI is advancing the AI landscape through its decentralized approach, aiming to address biases and censorship often linked with centralized AI systems. By integrating blockchain technology, Mirada AI offers a transparent and secure platform that enables users to leverage advanced AI tools. The MIRX Token: Fueling Innovation Central to Mirada AI’s ecosystem is the MIRX token, which facilitates access to a range of AI services....

Solana investors face a challenging market environment, with prices plunging sharply after reaching over $200 in March. Despite a 40% gain this year, Solana’s short-term outlook is clouded by network congestion and internal conflicts. Similarly, despite recent upgrades to reduce transaction costs, Arbitrum’s price continues to drop.  In this shifting realm, many investors are turning their attention to BlockDAG, attracted by its impressive 30,000X ROI potential....

Federal prosecutors are calling for a prison sentence of five to seven years for former FTX executive Ryan Salame, who has been implicated in its multibillion-dollar collapse. His defense team asserts that his punishment should reflect his role in exposing the fraud, pushing for a lighter sentence of no more than 18 months. Salame’s Defense According to a sentencing memo filed in federal court in Manhattan on Tuesday seen by Bloomberg, prosecutors emphasized the seriousness...

The U.S. House of Representatives passed legislation on Monday that will provide long-sought-after legal clarity around how crypto assets should be classified, registered, and custodied. The bill, titled the Financial Innovation and Technology for the 21st Century Act (FIT21), received near unanimous support from Republicans alongside 71 additional votes from Democrats, resulting in a final tally of 279 ‘yea’ to 136 ‘nay’. A ‘Historic’ Step For Crypto Regulation Crypto...

BlockDAG (BDAG) is making waves with its sophisticated dashboard features and superior mining capabilities. It boasts a potential return on investment of 30,000x, positioning itself as the most promising new cryptocurrency investment. The dashboard is equipped with tools for real-time rank tracking, managing wallets, reviewing transaction histories, and calculating referral bonuses. The X30 miner, with a hash rate of 280 GH/s, greatly boosts mining efficiency....

Uniswap Labs, the company behind the decentralized exchange Uniswap, has issued a response to the Wells Notice from the U.S. Securities and Exchange Commission. Meanwhile, Uniswap’s native token UNI has surged 2.0% over the last 24 hours and 37% over the week to hit $9.48. Uniswap Labs Criticizes SEC’s Legal Basis In a blog post on May 21, Uniswap Labs criticized the SEC’s basis for the notice, calling it “weak.” The firm compiled a number of reasons why the agency’s pursuit...

As the cryptocurrency landscape evolves, BlockDAG emerges distinctly amidst the declining performance of Solana and the modest recovery of XRP. With a robust $29.2 million presale and significant dashboard improvements, BlockDAG‘s strategic foresight and technology are setting new benchmarks in the crypto sector, with a user-centric strategy and eco-cautious message and approach. Solana Faces Challenges, Prompting Search for Alternatives Solana’s journey through...