Crypto exchange competitors Coinbase and Bybit have emerged as major beneficiaries after Binance reached a $4 billion settlement with U.S. authorities last week.According to Kaiko research analyst Riyad Carey, despite recording more than $1 billion in outflows following the settlement, Binance showed no signs of a sharp decline in liquidity, with the exchange’s market depth increasing following the settlement.U.S. authorities, including the Justice Department, Treasury Department, and Commodity Futures Trading Commission, reached a settlement with Binance last week, concluding a criminal investigation into alleged money laundering and sanctions violations and marking one of the largest corporate settlements in U.S. history.…
Author: Crypto Flexs
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Illuvium, an Ethereum (ETH)-based decentralized gaming platform, has teamed up with globally recognized esports organization Team Liquid to beta test an early access version of its game. Illubium: SandAccording to a December 1 statement shared with CryptoSlate.This collaboration aims to introduce blockchain gaming to a wider audience by showcasing gameplay through prominent gamers from Team Liquid, including: Mid Beast, Snudibooand broxa.Over the past few years, several blockchain-based games have failed to achieve mainstream success due to perceptions of poor quality. According to CoinGecko research, three out of four web3 games released in the past five years have failed, with more…
Zug, Switzerland, December 1, 2023, Chainwire TMN Global is proud to announce the successful listing of the native TMNG token on the MEXC cryptocurrency exchange starting December 1, 2023. This strategic partnership is an important milestone for TMN Global in the cryptocurrency space. EREA World AG has partnered with Europäische Metallhandels (EMH) AG to develop a cryptocurrency called TMNG, short for Technology Metal Network Global. EMH AG is a leader in the European commodity trading market. TMN Global is a platform that combines traditional investments in technical metals, rare earth metals and precious metals with the benefits of modern blockchain…
In a recent video, an analyst from the popular Crypto Banter channel warned viewers that cryptocurrency investors are currently in “one of the biggest traps of all time.” But he also outlined a scenario where Bitcoin could be on the verge of a major breakthrough. This is the oldest trick in the book. (…) Let me briefly explain why you should not fall into that trap and how you can identify what it looks like. A potential pitfall involves the Relative Strength Index (RSI), a technical indicator that measures the momentum and speed of price changes of an asset. The…
Microsoft (MS) announced a large investment in artificial intelligence (AI) infrastructure in the UK. The company’s goal is to dramatically improve national AI capabilities. Here are some important topics covered in this comprehensive investment plan: Microsoft plans to invest £2.5 billion ($3.2 billion) over the next three years to build next-generation artificial intelligence data center infrastructure in the UK in a capacity boost phase. This is the company’s largest single investment in Korea in its 40-year history. Expanding our data center footprint across London, Cardiff and even the North of England is a key goal. The investment will deliver more…
Cryptocurrency analyst and trader Ali Martinez said deep-pocketed investors are stealing massive amounts of Ethereum (ETH) scaling solution Polygon (MATIC). Martinez says 34,000 followers of social media platform “Polygon: MATIC whales have been buying recently, amassing over 120 million MATICs last week. That’s a massive investment worth $90 million!” Source: Ali Martinez/X MATIC is trading at $0.76 at the time of this writing, up slightly over the past 24 hours. Next is the merchant announcement Leading blockchain oracle provider Chainlink (LINK) is seeing a surge in activity as whale trading surges. “Chainlink: Yesterday LINK witnessed its largest surge in whale…
Cryptocurrencies have been around for over 10 years. However, it is only in recent years that the mainstream has recognized its full usefulness. Whether your business uses Bitcoin as a hedge against traditional currencies, is trying to avoid exorbitant fees charged by financial services institutions, or is simply looking for an efficient payment method, the popularity and usefulness of Bitcoin as an acceptable currency There is no question that this has skyrocketed.However, with this popularity comes a greater need to protect the organization. You may have heard of malicious actors using cryptocurrencies to commit money laundering and fraud (such as…
November 29, 2023 A breakthrough in materials science was achieved through the collaboration of Google DeepMind and autonomous robotic systems. This initiative, led by Google’s AI division, successfully predicted the stability of nearly 400,000 substances. The synergy of AI and robotics, known as A-Lab, is revolutionizing the materials creation process in the laboratory, with a focus on potential applications in batteries and solar cells. AI-based material discovery Ekin Dogus Cubak, materials discovery team leader at Google DeepMind, emphasizes that this venture is a significant leap forward in leveraging AI for scientific discovery. The study, published in Nature, demonstrates the ability…
We’ll be publishing real-world use cases for AI and cryptocurrency every day this week. This includes why you shouldn’t believe the hype. Today, get two things for the price of one: a blockchain-powered AI marketplace and financial analytics.Mixing AI and cryptocurrency may not seem like the most exciting use case, but both Illia Polosukhin, co-founder of Near, and Vance Spencer, founder of Framework Ventures, say blockchain-based marketplaces for sourcing and computing data for AI are top choices. AI is an incredibly fast-growing industry that requires increasingly more computing power. Microsoft was the only one reported. Invest Invest $50 billion in…
As we look at the world, individual humans seem to exist more and more at the edges and margins of the larger stories unfolding on scrolling screens. Narratives that capture and resonate with ordinary people seem to exist on a scale that none of us can reach. Big stories about economies, countries, and companies weave narratives that can sometimes seem dire or too big. It’s about individuals changing in meaningful ways. But this is not the true story of the world, nor is it the right way to understand our own potential as human beings. Many people who read this…