crypto-chronicles

[crypto-chronicles]

What is Genie AI? - Blockchain.News

Genie AI stands at the forefront of artificial intelligence, integrating advanced chatbot capabilities with OpenAI’s ChatGPT and GPT-4, offering users a versatile digital assistant. Introduction to Genie AI Genie AI is an avant-garde AI chatbot that harnesses the capabilities of OpenAI’s ChatGPT and GPT-4, offering a plethora of functionalities, from generating creative content to providing…

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Phantom Wallet CEO Ensures User Privacy Amidst Quests Feature Concerns

CEO Brandon Millman of Phantom wallet reaffirms the company’s commitment to user privacy and addresses concerns over the Quests feature and data handling practices. Pprivacy concerns and the ethical use of user data remain paramount. Recently, Brandon Millman, CEO and co-founder of the popular crypto wallet service Phantom, took to social media to address growing concerns amongst users regarding…

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NFL ALL DAY: Revolutionizing Sports Memorabilia Through NFTs

NFL ALL DAY merges NFL fandom with blockchain, offering a digital platform for collecting and trading NFL moment NFTs. Introduction NFL ALL DAY represents a groundbreaking initiative in the realm of sports entertainment and digital collectibles. By leveraging the power of blockchain technology, this platform provides a unique experience for National Football League (NFL) fans to collect and…

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Binance Launches $60,000 Ethereum Promotion Ahead of Major Dencun Upgrade

Ahead of Ethereum’s major Dencun upgrade, Binance has launched a trading promotion with $60,000 in rewards for users who trade ETH and other ecosystem tokens. Binance has announced a promotion with $60,000 in rewards for trading Ethereum and related tokens ahead of the major Dencun network upgrade. The promotion runs from March 1st to March 13th and has two components – one focused on Ethereum…

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Yuga Labs: The Conglomerate of NFT Marketplaces and Digital Collectibles

Explore the influential role of Yuga Labs in shaping the NFT landscape with its array of popular collections like BAYC and Cryptopunks Yuga Labs has emerged as a pivotal player in the burgeoning world of NFTs (Non-Fungible Tokens), commanding a dominant presence with its diverse and high-profile digital collectibles. In this comprehensive exploration, we delve into the company’s trajectory, its…

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Taiko Raises US$37M from Top-tier VCs Ahead Of Mainnet Launch

Taiko has successfully raised US$37 million in a funding round led by top-tier venture capital firms, positioning the company for its upcoming mainnet launch. The investment highlights the growing interest and confidence in Taiko’s innovative blockchain solutions. Blockchain startup Taiko has secured an impressive US$37 million in a recent funding round, attracting investments from prominent…

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What is AlgoSwap? - Blockchain.News

AlgoSwap emerges as a novel decentralized exchange protocol on the Algorand blockchain, designed for high-speed, low-cost, and environmentally friendly crypto trading. As the decentralized finance (DeFi) landscape continues to expand, innovative platforms like AlgoSwap are revolutionizing how digital assets are exchanged. Developed by Hypotenuse Labs and supported by the Algorand Foundation,…

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Uniswap (UNI) Proposes Governance Upgrade to Incentivize Delegation and Protocol Growth

Uniswap Foundation’s new governance proposal aims to activate protocol governance by incentivizing token holders through staking rewards. The Uniswap Foundation (UF) has recently announced a groundbreaking governance proposal that seeks to revitalize the Uniswap (UNI) protocol’s governance by rewarding active and engaged UNI token holders. The proposal, which is currently up for voting on…

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ECB Blog Casts Doubt on Bitcoin's Value Following ETF Approval

ECB blog post criticizes Bitcoin’s utility and questions its value, even after SEC’s ETF approval, warning of potential societal risks. In a recent blog post by the European Central Bank (ECB), Ulrich Bindseil and Jürgen Schaaf have voiced strong skepticism about Bitcoin’s utility and value, even in the wake of the U.S. Securities and Exchange Commission’s approval of Bitcoin spot…

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BlackRock to Launch Bitcoin ETF in Brazil

BlackRock introduces the iShares Bitcoin Trust ETF in Brazil, marking a significant foray into cryptocurrency for traditional investors. BlackRock, the world’s largest asset manager, is set to introduce the iShares Bitcoin Trust ETF to Brazilian investors in a groundbreaking move that brings cryptocurrency further into the traditional financial system. The ETF, which mirrors the one launched in…

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Nigeria Seeks $10 Billion in Damages from Binance

Nigerian government demands $10 billion from Binance, alleging cryptocurrency exchange’s activities have adversely affected the Naira and the country’s economy. The Nigerian government is seeking a staggering $10 billion in damages from the world’s largest cryptocurrency exchange platform, Binance, over accusations that its activities have significantly destabilized the country’s economy,…

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Wealth Management's Future: Embracing Innovation for the Next Investment Era

New research outlines the necessity for wealth management firms to adapt to technological advancements and altering investor profiles for future success. In the face of a rapidly changing financial landscape, wealth management firms are poised to undergo a significant transformation. A recent study, spearheaded by a research coalition consisting of ThoughtLab, Deloitte, and FNZ, with…

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Kraken Unveils "Kraken Institutional" to Enhance Crypto Services

Kraken launches Kraken Institutional, consolidating several core services to provide a comprehensive crypto solution tailored for institutions and high net-worth individuals. Kraken, a leading cryptocurrency exchange known for its security and reliability, has announced the establishment of Kraken Institutional. This new brand integrates a suite of Kraken’s products and services to cater…

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Gemini to Reimburse $1.1 Billion to Users Amid Regulatory Settlement

DFS mandates Gemini to refund $1.1B to Earn users and pay a $37M fine due to oversight failures. The New York State Department of Financial Services (DFS) has announced a landmark settlement with Gemini Trust Company, LLC, a leading cryptocurrency exchange and custodian. The enforcement action, led by Superintendent Adrienne A. Harris, obligates Gemini to return no less than $1.1 billion to…

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Marathon Digital reports a 229% revenue increase in 2023

Marathon Digital reports a stellar 229% revenue increase in 2023, marking a significant turnaround with record BTC production. Marathon Digital Holdings Inc. (NASDAQ: MARA), a prominent player in the Bitcoin mining sector, has reported a striking turnaround in its business fortunes for the fiscal year ended December 31, 2023. The Fort Lauderdale-based firm, known for its large-scale Bitcoin…

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Paradigm Unveils Frog Framework to Enhance Farcaster Frames Development

Paradigm and Wevm launch Frog, a new toolkit to boost Farcaster Frames development, aiming to transform social media with interactive elements. Paradigm, in collaboration with Wevm, has launched Frog, a comprehensive toolkit designed to streamline the creation of Frames on Farcaster. Announced on February 28, 2024, Frog promises to offer developers the ability to craft high-performance Frames…

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CBN Reports $26 Billion in Cryptocurrency Flows Through Binance Nigeria

CBN reveals $26 billion transacted through Binance Nigeria from unknown sources, raising concerns amid naira’s decline and increasing regulatory actions. The financial landscape of Nigeria is facing a moment of critical assessment as the Central Bank of Nigeria (CBN) recently revealed that a staggering $26 billion has been transacted through Binance Nigeria from unidentified sources in just one…