Jack Dorsey’s company, Block, wants to make Bitcoin a regular payment method, not just something you invest in. They’ve released a plan outlining how this could happen in the US. Block’s Vision: Bitcoin for Everyone Block believes Bitcoin’s design—open and accessible to everyone—makes it perfect for everyday transactions. They’re investing in things like mining equipment,…
CARV, a Web3 infrastructure company, is pushing forward with its ambitious vision: creating independent, self-governing AI beings that live and evolve online. They’re not just talking about it; they’re building it. Building the AI Biosphere CARV’s new roadmap shifts from simply providing data infrastructure to creating entire ecosystems for these AI agents. Think of it…
Crypto analyst Benjamin Cowen, known for his accurate market predictions, is issuing a warning about altcoins. He believes Ethereum (ETH) is poised for a significant rally, potentially fueled by investors moving away from altcoins. Ethereum’s Rise and Altcoin’s Fall Cowen correctly predicted Ethereum’s price drop to its logarithmic growth trendline earlier this year. He now…
Venture capitalists are pouring $360 million into a new company focused on accumulating Ethena (ENA), a stablecoin project backed by Arthur Hayes. A $360 Million Investment This massive investment comes from a merger between TLGY Acquisition, a special purpose acquisition company (SPAC), and StablecoinX Assets. The deal includes a significant $60 million investment from the…
JPMorgan Chase, America’s largest bank, has been forced to drop a massive $1.1 billion lawsuit against the executives of Greek fintech firm Viva Wallet. A UK court ruled against the bank, bringing an end to the high-stakes legal battle. The Background In 2022, JPMorgan bought a nearly 50% stake in Viva Wallet. The remaining shares…
A huge chunk of Ethereum (ETH) is permanently lost, and it’s costing billions. Let’s dive into the details. Millions of ETH Lost to Errors and Bugs Coinbase’s head of product, Conor Grogan, revealed that a staggering 913,111 ETH – that’s over $3.4 billion! – is unrecoverable due to user mistakes and software glitches. This represents…
Tyler Winklevoss, Gemini co-founder, is accusing JPMorgan Chase of trying to kill the fintech and crypto industries. He claims JPMorgan wants to charge hefty fees for accessing banking data, currently free via apps like Plaid. This, he says, would bankrupt fintech companies that help users connect their bank accounts to crypto exchanges like Gemini, Coinbase,…
Ethereum recently celebrated its 10th anniversary with a fun event! The Ethereum Torch Relay To mark the occasion, they launched a special NFT called “The Ethereum Torch.” This NFT will be passed from wallet to wallet for 10 days, highlighting the global Ethereum community. The journey started with co-founder Joseph Lubin and will end on…
A developer, Vincent Van Code, has made a super-optimistic prediction: XRP could skyrocket to $59.40! He’s laid out exactly how Ripple’s takeover of the financial world could make this happen. The Math Behind the $59.40 Prediction Van Code’s prediction, shared on X, hinges on several factors: Ripple grabbing 15% of SWIFT’s daily transactions, the rise…
VanEck CEO Jan Van Eck believes that “super apps” like Robinhood, Kraken, and X (formerly Twitter) are poised to shake up the traditional financial system’s payment methods. Cheaper Payments with Stablecoins Van Eck’s prediction centers on the use of stablecoins within these apps. Stablecoins, unlike traditional payment systems, bypass intermediaries like Visa and Mastercard, eliminating…
