Why is Solana (SOL) price up today?
Solana’s price is up today as Jerome Powell delivers his most dovish outlook in years, raising bets on a 100% rate cut in September.
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AI chatbot usage causes concern among 70% of Japanese adults
A local Japanese news outlet survey revealed that 69.4% of adults want stricter regulations for AI development and implementation. 128 Total views 1 Total shares Own this piece of history Collect this article as an NFTArtificial intelligence (AI) chatbots are not new, but the rapid emergence of chatbots as integrations into emerging technology and society…

DeFi sector tokens offer shelter as Bitcoin falls below $48.5K
The cryptocurrency market slid lower on Dec. 28 as the price of Bitcoin (BTC) lost nearly $4,000 in value in a matter of hours with bulls now looking to secure support at $48,500 to prevent further losses. In the midst of the market-wide drawdown, the decentralized finance (DeFi) sector of the crypto ecosystem has offered some…

Robinhood beats investors’ appeal in GameStop meme stock case
A United States federal appeals court has upheld a decision to dismiss an investor class action lawsuit against online brokerage firm Robinhood Markets over its meme stock trading debacle in early 2021. A total of 16 investors took part in a class action lawsuit against the trading platform in September 2021, alleging the firm restricted…

3 reasons why USDC stablecoin dropping below $50B market cap is Tether’s gain
The market capitalization of USD Coin (USDC), a stablecoin issued by U.S.-based payment tech firm Circle, has dropped below $50 billion for the first time since January 2022.On the weekly chart, USDC's market cap, which reflects the number of U.S. dollar-backed tokens in circulation, fell to $49.39 billion on Sep. 26, down almost 12% from…

LINK price locks in 36% gains following Ethereum layer-2’s Chainlink integration
Chainlink (LINK) emerged as one of the best cryptocurrency performers on Sep. 6 as it jumped 8.25% against the U.S. dollar.In detail, the LINK/USD exchange rate reached $36.35 for the first time since May 20, months after bottoming out near $13.45, thus recovering by more than 170% altogether. At the same time, its recent bout…

Breaking: Harmony One’s Horizon Bridge hacked for $100M
The layer-1 blockchain’s main bridge between Ethereum, Binance Chain, and Bitcoin has been exploited for nine figures, but says its BTC bridge has not been affected. The Horizon Bridge to the Harmony One layer-1 blockchain has been exploited for $100 million in altcoins which are being swapped for Ether (ETH).The hack may vindicate previously raised…

New York Financial Regulators Approve Blockchain Payments System
The Department of Financial Services of New York (NYDFS) has authorized a blockchain-based digital platform offered by a local bank, an official NYDFS press release states Dec. 4.NYDFS superintendent Maria T. Vullo announced today that the department authorized New York-based Signature Bank to offer its digital payment platform Signet in the state. The approved system…

Lido, Rocket Pool team members argue over decentralization
A Lido team member claimed Rocket Pool is not really governed by its DAO, but Rocket Pool community members pushed back, claiming the protocol is becoming more decentralized. A team member for Lido has accused competitor Rocket Pool of being too centralized in a July 4 social media post. Both Lido and Rocket Pool are…