Ted Hisokawa 17 July 2024 15:43 SingularityNET (AGIX) has joined forces with Lighthouse to leverage Filecoin’s technology to enhance data storage capabilities and improve the security and scalability of AI applications. In a groundbreaking development for the Filecoin ecosystem, SingularityNET (AGIX) has announced a strategic partnership with Lighthouse, with the goal of revolutionizing decentralized data storage. According to the official announcement, this collaboration will leverage Lighthouse’s cutting-edge technology to enhance the secure and reliable storage of SingularityNET’s vast data.Partnership DetailsLighthouse, a platform built on IPFS and Filecoin, offers innovative features such as persistent storage,…
Author: Crypto Flexs
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city: Riyadhnation: Saudi Arabiapopulation: 7.82 million people (subway)Established: 1737language: Arabic At the heart of the Nafud Desert lies Riyadh. Its name means “the plains” in Arabic and it is the third most populous city in the Middle East. But it’s probably not the first place that comes to mind when you think of cryptocurrencies and gaming. Cryptocurrencies are an opaque area that is either completely banned or unapproved, and can be tricky to access. Nevertheless, according to a survey by KuCoin, 14% of Saudis aged 18-60 own cryptocurrencies. Morrad Irsane, CEO of Takadao, a blockchain for halal insurance, sees this…
Crypto asset manager launches new fund focused on decentralized artificial intelligence According to a press release shared with The Block, the quarterly rebalancing Grayscale Decentralized AI Fund LLC aims to strengthen its AI-related investment efforts in the cryptocurrency industry. The Decentralized AI projects already included in the fund’s basket at launch today are Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR). Near, Filecoin, and Render are the fund’s highest-weighted holdings, respectively. that much According to the announcement, the fund will focus on funding projects in three areas: chatbots, generative images, and other decentralized AI uses; solving centralized…
The surge in XRP price could be attributed to increased accumulation by whales, who currently hold 85% of the total supply. Outstanding contracts hit a three-month high, suggesting speculative activity is picking up. Ripple (XRP) has been one of the biggest gainers in the past few days after its price hit $0.60. This price increase represents a 36.45% increase over the past seven days. While this was surprising, AMBCrypto was able to find out why. According to on-chain data provider Santiment, addresses holding more than 100,000 XRP have increased their holdings significantly. Go big or go home This group of…
Terryl Dickey July 17, 2024 12:22 Binance introduces new limited-time benefits for Earn Wednesday, including Simple Earn, ETH Staking, and Dual Investment products. Binance has announced the launch of a new limited-time offer for its Earn Wednesday program, which gives users the opportunity to earn rewards across a variety of financial products. According to Binance, these offers are available every Wednesday and include options such as Simple Earn, ETH Staking, and Dual Investment. Popular limited time specials The Earn Wednesday initiative includes a variety of flexible and locked products. Binance reserves the right to…
Matt Hougan, chief investment officer at cryptocurrency asset manager Bitwise, said: Ethereum Ethereum +1.02% Exchange-traded fund (ETF) inflows could have a greater impact on the launch of Ether than the equivalent product for Bitcoin.In a note to clients on Tuesday, Hougan predicted that spot Ethereum ETF inflows would push ether prices to all-time highs above $5,000, but not immediately. He said he expected the first few weeks after the Ethereum ETF launch would be “volatile” for the second-largest cryptocurrency by market cap, as funds could potentially flow out of the $11 billion Grayscale Ethereum Trust (ETHE) after it is converted…
Flowdesk CEO Bet Against the US While the SEC Waged War on Cryptocurrencies A year later, the US has a Bitcoin ETF, an Ether ETF is imminent, and a pro-crypto bill is in the Senate.
Cryptocurrency traders are feeling the excitement surrounding XRP, which has surged 35% in price over the past week. Many are speculating whether the cryptocurrency could surge further.According to CoinMarketCap data, XRP (XRP) is currently trading at $0.60, up from $0.43 on July 10, amid a broader cryptocurrency market rally. “XRP has exploded with bullish talk this week,” cryptocurrency analytics firm Santiment wrote in a July 16 post to XRP, following several cryptocurrency commentators sharing bullish predictions for XRP on social media platforms.“We may be witnessing one of the most significant breakouts in crypto history,” anonymous cryptocurrency trader Crypto Michael wrote…
Lawrence Jengar July 17, 2024 10:36 The Hong Kong Monetary Authority and the FSTB have announced the conclusion of their consultation on legislative proposals on stablecoin regulation. According to the Hong Kong Monetary Authority, the Financial Services and Financial Services Board (FSTB) and the Hong Kong Monetary Authority (HKMA) have jointly announced the conclusion of a consultation on a legislative proposal to implement a regulatory regime for issuers of fiat-backed stablecoins (FRS) in Hong Kong. Public consultation and feedback During a two-month public consultation period that concluded in February 2024, the Authority received 108…
Bitcoin hit $66,000 on July 17, as sustained bids pushed the bull market to a new four-week high.BTC/USD 1-day chart. Source: TradingViewBTC price rises 15% in a weekAccording to data from Cointelegraph Markets Pro and TradingView, the Bitcoin (BTC) price has reached $66,129 since Bitstamp’s latest daily close.Shaking off selling pressure caused by the movement of coins linked to the closed exchange Mt. Gox, BTC/USD bounced back, posting gains of up to 15% when measured from the start of the uptrend on July 12.Popular trader Daan Crypto Trades summed it up in his latest post on X (formerly Twitter) with…