This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Polygon. Ethereum (ETH) Ethereum has shown indecision in the past week. This allowed sellers to take over the price action, which ended the week with a 5% loss. Despite this correction, the cryptocurrency remains above the key support at $1,820. The current resistance is found at $2,000. ETH tried several times to turn this key level into support, but buyers were not strong enough, and the price fell...
Read More »Superblock Raises $8M for “Over Protocol,” a New Layer 1 Blockchain Focusing on Lightweight Full Nodes
[Press Release – Seoul, South Korea, July 21st, 2023] Superblock, a contributor to Over Protocol, has raised $8 million from prominent companies and VCs in South Korea across two funding rounds. Investors included SK, Netmarble, DSC, E&Investment, Schmidt, SpringCamp, and NaverZ. Ben (Jae-Yun) Kim, the founder of Superblock, said: “We are deeply diving into the South Korea market with the best local partners and looking to meet global partners accelerating us all over the...
Read More »Cerebras Systems and G42 Join Forces in $100M AI Supercomputer Deal
CoinspeakerCerebras Systems and G42 Join Forces in $100M AI Supercomputer Deal Cerebras CEO will closely collaborate with G42 to further develop their computing service using revolutionary AI systems. Cerebras Systems and G42 Join Forces in $100M AI Supercomputer Deal
Read More »Professional Gamers Ready to Explore Blockchain-Based Games
CoinspeakerProfessional Gamers Ready to Explore Blockchain-Based Games Walter Lee, BNB Chain's growth partner and GameFi lead, believes that Web3 and blockchain technology have the potential to empower traditional gaming ecosystems. Professional Gamers Ready to Explore Blockchain-Based Games
Read More »Coin Center Slams ‘Messy, Arbitrary, and Unconstitutional Approach’ of US Senate DeFi Bill
The bipartisan legislation introduced earlier this week – titled the Crypto-Asset National Security Enhancement (CANSEE) Act – that seeks to regulate the decentralized finance (DeFi) sector has caused quite a stir. Cypto advocacy groups are voicing objection to the bill arguing that such an approach would stifle innovation in the United States. Coin Center, for one, lashed out at the bill and called it a messy, arbitrary, and unconstitutional approach to DeFi. CANSEE: A...
Read More »Jack Dorsey Backs BTC Fan Robert Kennedy Jr. for President
Jack Dorsey – the former head of Twitter – has put out a video suggesting he’s endorsing bitcoin-loving presidential candidate Robert Kennedy Jr. to assume nation-leading duties in the White House in 2025. Jack Dorsey is Pushing Robert Kennedy Jr. Not long ago, Dorsey put out a video on social media about the candidate and commented: Robert. F. Kennedy, Jr. argues he can beat Trump and DeSantis in 2024. He can and will. Kennedy entered the presidential race a few...
Read More »US DoJ Accuses Sam Bankman-Fried of Leaking Ellison’s Diary to Press
CoinspeakerUS DoJ Accuses Sam Bankman-Fried of Leaking Ellison’s Diary to Press The DoJ said that SBF was trying to discredit Ellison, who has already pleaded guilty of the charges and showed willingness to cooperate in the investigation. US DoJ Accuses Sam Bankman-Fried of Leaking Ellison’s Diary to Press
Read More »North Korean Hackers Attack American IT Company JumpCloud
CoinspeakerNorth Korean Hackers Attack American IT Company JumpCloud CrowdStrike confirms that the hack was carried out by the "Labyrinth Chollima" group. North Korean Hackers Attack American IT Company JumpCloud
Read More »Indonesia Unveils National Crypto Exchange and Clearing House
CoinspeakerIndonesia Unveils National Crypto Exchange and Clearing House Indonesia began its journey to establish a national crypto exchange in 2021. Indonesia Unveils National Crypto Exchange and Clearing House
Read More »Canadian Police Warns Public on Crypto Investors’ Home Robberies
CoinspeakerCanadian Police Warns Public on Crypto Investors’ Home Robberies The recent wave of home invasion-style robberies targeting high-value cryptocurrency investors in Richmond and Delta has raised major worries about the crypto community's safety. Canadian Police Warns Public on Crypto Investors’ Home Robberies
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