AI to Fuel Massive Growth Dan Ives, a leading tech analyst at Wedbush Securities, is bullish on the US tech sector. He believes investors are seriously underestimating its growth potential over the next five years. Ives points to the rapid advancements and adoption of artificial intelligence (AI) as the key driver. Nasdaq to Soar? In…
BlackRock’s massive tokenized money market fund, BUIDL, is making waves in the crypto world. With a whopping $2.9 billion in assets, it’s poised to become a major player. BUIDL Takes Center Stage Crypto exchanges Crypto.com and Deribit will now accept BUIDL as collateral. This means traders can use this yield-bearing stablecoin as security for leveraged…
Pump.fun, a Solana-based memecoin launchpad, is facing a massive backlash. The platform has raked in a staggering $741 million in fees since its launch, leading to accusations of prioritizing profit over user well-being. The Money Trail: Pump.fun’s Massive Profits Blockchain data reveals Pump.fun has been selling off its hefty fee earnings in large chunks. They’ve…
VanEck’s Solana ETF, with the ticker symbol VSOL, is now listed on the Depository Trust & Clearing Corporation (DTCC). This doesn’t mean the SEC has approved it yet, but it’s a big step forward. Think of it as getting all the behind-the-scenes paperwork and infrastructure ready before launch. DTCC Listing: What it Means The DTCC…
A new wave of cryptocurrency exchange-traded funds (ETFs) is coming, and analysts are already predicting winners and losers. One firm, K33 Research, has taken a close look at Solana (SOL) and Litecoin (LTC), and their analysis suggests a potentially lucrative trading opportunity. Solana’s ETF Advantage Several companies have filed applications with the SEC for Solana…
JD.com, a massive Chinese e-commerce giant, is aiming to drastically speed up international payments using stablecoins. Their goal? Slash payment times from days to mere seconds! A Blockchain-Powered Payment Pilot The plan starts with a pilot program in Hong Kong, utilizing a stablecoin within their existing blockchain network, Zhizhen Chain (which already handles billions in…
TAC, a blockchain designed to bring Ethereum apps to Telegram, just raised a hefty $11.5 million. This includes a $5 million strategic round led by Hack VC. Big Money for Telegram DeFi This investment shows serious confidence in TAC’s plan to make decentralized finance (DeFi) easily accessible to Telegram’s massive user base – over a…
HSBC, a massive $3 trillion bank, is constantly under attack from hackers, according to its CEO, Ian Stuart. He recently told UK lawmakers that cybersecurity is now the bank’s single biggest expense, costing them hundreds of millions of pounds annually. Under Constant Siege Stuart emphasized the relentless nature of these cyberattacks, stating that HSBC is…
Falcon Finance, a synthetic dollar protocol, has launched a pilot rewards program called Falcon Miles. This program aims to thank users for their involvement in the Falcon ecosystem. Earning Falcon Miles Users earn Miles by participating in various activities within the Falcon app. Every dollar of value generates one Mile, and certain actions earn bonus…
Crypto exchange BTCC is turning 14 and they’re throwing a party! To mark this milestone, they’ve launched a brand-new user badge program and a bunch of other exciting stuff. A Badge of Honor (and Rewards!) From June 16th to July 1st, users can snag the limited-edition “14 Years of Momentum” badge. It’s not just a…
