Skild AI announces $300M funding from Jeff Bezos, Softbank to build ‘robot brains’
Another unicorn has entered the race the develop human-level AI.
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CELO, Fantom and Keep3rV1 rally after liquidity mining programs launch
The cryptocurrency market once again finds itself waiting for some form of catalyst to get the prices moving and this week commenced with the market moving sideways as Bitcoin struggles to find its footing near $48,000. Several altcoins have managed to break free of the wider market malaise and post impressive gains, giving credence to Cointelegraph's…

Telegram bot Banana Gun’s users drained of over $1.9M
So far, at least 36 victims suffered losses amounting to nearly $2 million worth of Ether.

The Marshall Islands’ National Crypto Was Inspired by Work of Block.One
It has been almost a year since the Republic of the Marshall Islands (RMI) unveiled the development of its national digital currency dubbed Sovereign (SOV). The cryptocurrency is set to tackle some issues the RMI struggles with, including high costs of remittances. A crypto legal tender could purportedly create a situation where the solution to…

Kraken’s Jesse Powell donates $1M in crypto to Trump campaign
Jesse Powell, Kraken co-founder, backs Trump with $1 million in Ether, supporting pro-crypto policies against regulatory crackdowns.

eToro to terminate $10B SPAC merger in mutual agreement with acquisition firm
The firm is reportedly seeking a new funding round that would infuse with more cash at a 50% lower valuation than one year ago. 209 Total views 3 Total shares On Tuesday, special purpose acquisition company (SPAC) FinTech Acquisition Corp. V announced that it terminated its purposed takeover of Israeli cryptocurrency exchange eToro via a…

Grayscale Trust sees largest-ever weekly inflow, nears 500K BTC in total
Grayscale is on track to control 5% of the entire Bitcoin circulating supply by the end of 2021 with a record $215 million inflow last week. 669 Total views 12 Total shares Grayscale’s Bitcoin (BTC) Trust is on track to reach 500,000 BTC by the end of 2020. Last week, Grayscale saw a record inflow of…

Calls for stricter rules on political memecoins after $4B Libra collapse
Industry voices warned that politically endorsed cryptocurrencies must adopt stronger investor protections and liquidity safeguards to prevent another major market collapse. Investor sentiment remains shaken after the Libra (LIBRA) token, which was endorsed by Argentine President Javier Milei, suffered a $4 billion market cap wipeout due to insider cash-outs. According to blockchain analytics firm DWF

Traders Brace for Big Drop as Bitcoin Dips Below $9K for Seventh Time
The price of Bitcoin (BTC) dropped below $9,000 in a rapid pullback, falling by 5% in 48 hours. It marked the seventh drop to the $8,000s for the top-ranked cryptocurrency by market capitalization within a span of two months, since early May. Thus, traders have been concerned that repeated drops below $9,000 may weaken a…