Solana’s Saga Phone Struggles To Meet Sales Expectations
Amid underwhelming sales figures, the future of the Saga Phone, a crypto-focused smartphone by Solana, is questionable, as reported by CoinDesk. Solana’s Saga Phone, initially priced at $1000, was reduced to $599 in August due to slow sales. Despite Solana’s SOL token experiencing a 500% surge this year, the company’s hardware venture is yet to […]
Allegations Fly As Bitcoin Wallet Provider Accuses Mining Pool Ocean Of Transaction Censorship
In a recent turn of events, Samourai Wallet, a Bitcoin wallet service provider, has accused Bitcoin mining pool Ocean of selectively censoring Bitcoin transactions. The top executive of Ocean has refuted these claims, suggesting that Samourai Wallet address a bug in their software. In a statement on December 7, Samourai Wallet claimed that Ocean has […]
Italy and South Korea central banks agree on CBDC cooperation
The central banks of Italy and South Korea have signed a memorandum of understanding (MoU) to cooperate on the development and deployment of their respective central bank digital currencies (CBDCs). The Bank of Italy announced the MoU, which focuses on information and communication technology (ICT) issues related to real-time settlement systems and CBDCs. Italy has […]
Solana Seizes Limelight In Layer-1 Token Rally, Bitcoin Breaks Through $38K
In the latest market movements, Bitcoin has broken the $38,000 barrier, instigating a surge in Layer-1 tokens, with Solana’s SOL token leading the way. Bitcoin’s price crossed the $38,000 mark during Wednesday’s Asian morning trade. The surge is attributed to renewed hope for a spot exchange-traded fund (ETF) approval and expectations for potential rate cuts […]
Polkadot, SOL, Justlend, And Pyth Grab Headlines In This Week’s Blockchain Roundup
The blockchain and cryptocurrency sectors continue to evolve rapidly, as marked by significant events over the past week. The top stories include Polkadot’s transformation, SOL’s impressive performance, JustLend’s triumph over Aave, and Pyth’s airdrop. The week of November 20 saw several important developments in the crypto world. Polkadot underwent a major change that drew considerable […]
Global Alliance Strikes ‘secure By Design’ Guidelines For AI Cybersecurity
In an unprecedented move, 18 nations, including the United States, the United Kingdom, Australia, and 15 other countries have banded together to establish global guidelines aimed at strengthening cybersecurity within artificial intelligence (AI) firms. The focus of these guidelines is on secure-by-design models. As per the information published by Cointelegraph on Sunday, the 18 countries […]
Binance Expected To Retain Global Dominance Despite $4B U.S. Settlement, Says Bernstein
In a recent turn of events, Bernstein predicts that Binance, the world’s leading cryptocurrency exchange, is likely to retain its global supremacy in the crypto market, despite settling a $4 billion dispute with the U.S. government. CoinDesk reported on Tuesday that Binance witnessed minor outflows amounting to less than $1 billion following the news of […]
Argentina’s Newly Elected President And His Intersection With The Crypto World
The recently elected president of Argentina, Javier Milei, has garnered attention from the cryptocurrency world, even though his controversial political platform has raised some eyebrows. According to Decrypt, Milei, who won the election yesterday, proposed unconventional policies during his campaign. These included legalizing the sale of human children via a free market, lowering the age […]
Major Crypto Firms Secure Over $90M In Funding Amid Market Slump
In a week marked by a funding drought in the cryptocurrency sector, three leading crypto firms have secured significant funding rounds, totalling over $90 million. According to Blockworks, Blockchain.com, BC Technology Group, and Fnality all raised substantial amounts. Blockchain.com, a crypto exchange and wallet service, raised $110 million in a Series E round led by […]
Betting Market Erupts In Wake Of OpenAI CEO’s Abrupt Exit
Sam Altman, the leader of the billion-dollar AI company, OpenAI, was removed from his role for purportedly lacking transparency in his exchanges with the board.