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Grayscale Investments Launches Fund Targeting AI Products in the Blockchain Sector

Grayscale Investments Launches Fund Targeting AI Products in the Blockchain Sector

Grayscale Investments has announced the launch of the Grayscale Decentralized AI Fund, a new investment product focusing on decentralized AI projects within the blockchain space. This fund represents an exciting new direction for the company, which has been at the forefront of investment in groundbreaking technologies since its founding in

BitMEX Admits Guilt in Violating U.S. Bank Secrecy Act: An In-Depth Analysis of the Legal Battle and Its Implications for the Crypto Industry

BitMEX Admits Guilt in Violating U.S. Bank Secrecy Act: An In-Depth Analysis of the Legal Battle and Its Implications for the Crypto Industry

IntroductionIn a landmark development for the cryptocurrency industry, BitMEX, a prominent cryptocurrency exchange and derivative trading platform, has admitted to violating the United States Bank Secrecy Act (BSA). This admission marks a significant turn in the ongoing legal battle between BitMEX and U.S. authorities, emphasizing the critical need for

Major Cryptocurrency Exchanges Return 3,000 BTC Valued at $172 Million to German Government

Major Cryptocurrency Exchanges Return 3,000 BTC Valued at $172 Million to German Government

In a significant financial move, the German government recently received 3,000 bitcoins (BTC) from major cryptocurrency exchanges. This transaction was facilitated by well-known platforms such as Kraken, Coinbase, and Bitstamp, according to a report by Arkham Intelligence. At the time of the transaction, these assets were valued at approximately

Ethereum Dominates the Blockchain Fee Revenue Chart with $2.72 Billion

Ethereum Dominates the Blockchain Fee Revenue Chart with $2.72 Billion

In a recent analysis by Lookonchain experts, Ethereum has emerged as the leader in blockchain fee revenue, raking in a staggering $2.72 billion over the past year. This impressive figure positions Ethereum at the top of the list, significantly outpacing its closest competitor, Bitcoin, which generated $1.30 billion

Uzbekistan Regulator Refutes Rumors of Hamster Kombat Game Ban

Uzbekistan Regulator Refutes Rumors of Hamster Kombat Game Ban

The National Agency for Perspective Projects of Uzbekistan (NAPP) has issued a statement to clarify and refute rumors about the alleged ban of the Hamster Kombat game in the country. The regulator explained the legal status of the game and warned of potential risks associated with the future withdrawal of

UwU Lend Offers $5 Million Reward for Identification of Hacker Following Multiple Attacks

UwU Lend Offers $5 Million Reward for Identification of Hacker Following Multiple Attacks

In the rapidly evolving world of decentralized finance (DeFi), security breaches continue to pose significant challenges. The latest victim, UwU Lend, has been hit by a series of hacking incidents that have resulted in substantial financial losses. In an unprecedented move, the platform is now offering a $5 million reward

Bitcoin's Transaction Processing Speed Dips to 2011 Levels: An Analysis of CryptoQuant's Findings

Bitcoin's Transaction Processing Speed Dips to 2011 Levels: An Analysis of CryptoQuant's Findings

CryptoQuant CEO, Ki Young Ju, recently highlighted a significant slowdown in Bitcoin’s transaction processing speed, stating that it has reverted to the levels observed back in 2011. According to Ju, despite Bitcoin's transformation into what many call 'digital gold,' it has failed to become a practical daily payment

Uzbekistan Student Sentenced to 10 Days of Arrest for Trading Notcoin

Uzbekistan Student Sentenced to 10 Days of Arrest for Trading Notcoin

In a recent development, the criminal court of Tashkent has handed down a 10-day administrative arrest sentence to a 24-year-old student from Termez State University for trading Notcoin (NOT) tokens. The verdict has sparked significant attention, given the growing global interest in cryptocurrency and the varying legal stances on its

Donald Trump Proclaims Intent to Become "Crypto President" with $12 Million Campaign Fundraiser Support

Donald Trump Proclaims Intent to Become "Crypto President" with $12 Million Campaign Fundraiser Support

In a significant display of support for the digital asset industry, politician Donald Trump has once again underscored his endorsement of cryptocurrencies. The U.S. presidential candidate recently announced his intention to become the "crypto president" during a high-profile fundraising event, securing an impressive $12 million in donations for his

Coinbase Introduces Smart Wallet Solution for Custody-Free Crypto Management with Integrated Gasless Transactions

Coinbase Introduces Smart Wallet Solution for Custody-Free Crypto Management with Integrated Gasless Transactions

Coinbase, a leading cryptocurrency exchange, has launched a new service named "Smart Wallet," aiming to revolutionize the way users interact with digital assets by offering a custody-free wallet that can be created effortlessly using modern identification methods like FaceID or a Google account. The announcement of Smart Wallet by Coinbase