Meta has been hit with a record-breaking fine of €1.2 billion ($1.3 billion) by European Union regulators. The penalty was imposed due to the transfer of personal data belonging to Facebook’s EU users to servers based in the United States. Meta Facing Allegations A statement was issued by the European Data Protection Board on Monday,…
Safety is spending money you can see to avoid things you can’t see at the moment, but that will cost you dearly if they happen. Sooner or later, the alarm bells are going to come. The Silicon Valley bank collapse caused the U.S. dollar stabilized coin USDC to de-anchor and fall to a low of…
Satoshi AI Infrastructure is leading the way in leveraging AI and DeFi, repurposing crypto mining equipment, and creating a distributed AI network backed by industry statistics The growing integration of artificial intelligence (AI) into various sectors of the economy has led to an increased demand for computing resources to power complex machine learning algorithms. According…
In an unexpected turn of events, a collection of non-fungible tokens (NFTs) called ‘Bitcoin Frogs,’ with a Pepe theme, takes the lead. Over the last 24 hours, it has gained the spot of being the most traded NFT collection. With a trading volume exceeding $2.2 million, it left behind well-known collections, such as Bored Apes….
The NFT market of China received warnings on Monday from The Supreme People’s Procuratorate of China stating that there are a lot of risks hovering around the NFT market and the authority also stressed the need for proper regulation of emerging asset classes highlighting that NFTs also share some elements of virtual assets. NFT in…
Bitcoin, the largest cryptocurrency in the world, has achieved a significant milestone as the number of individuals who own at least one whole Bitcoin, known as “wholecoiners”, has exceeded one million as per Glassnode. Currently valued at over $27,432, a “wholecoiner” is someone who possesses a complete Bitcoin. Bitcoin: Addressing Circulating Supply, Lost Coins, and…
In a surprising move, Web3 platforms Tessera and Escher recently declared their intent to discontinue operations. Andy Chorlian, Co-Founder and CEO of the Fractional Token Company, announced the decision via a Twitter post. The announcement came amidst a challenging period in the crypto industry, often referred to as the “crypto winter.” The Unique Propositions of…
VILNIUS, LITHUANIA / May 11, 2023 / – Funex, a leading cryptocurrency platform, proudly announces the extension of its highly successful Funex Giveaway program. The program, which originally ran from May 5th, 2023, to May 20th, 2023, will run for two more months in response to the overwhelming support and participation from the Funex community….
Franklin Templeton, one of the leading asset management companies in the world has filed for a crypto fund with the U.S. regulator, SEC. This fund is focused on institutional investors and it will be named Franklin Templeton Blockchain Fund II.  This is not the only crypto fund that the company has in its basket. The…
Since 2021 Adaverse has been establishing a steady market presence in both Africa and Asia, connecting the two regions with a view of contributing to the wider global Web3 ecosystem. Driven by an aim to promote Cardano integration, Adaverse has developed an extensive repertoire of support in funding, strategy and technical infrastructure for blockchain entrepreneurs…
