Author: Crypto News
The project stands to revolutionize how data is accessed, utilized, and secured, boldly challenging the centralized industry giants that have dominated the AI lifecycleSAN FRANCISCO, CA, May 28, 2024 — Today, GaiaNet, a pioneering, new AI infrastructure project that aims to decentralize current AI agent softwares, announced it has raised a $10 million Series Seed Round funding, with key strategic advisors that include Generative Ventures’s Lex Sokolin, Republic Capital’s Brian Johnson, 7RIDGE’s Shawn Ng, Kishore Bhatia, EVM Capital, Mirana Ventures, Mantle EcoFund and ByteTrade Lab.GaiaNet is a distributed AI infrastructure that aims to decentralize the current AI agent softwares, paving…
Last updated: May 28, 2024 17:35 EDT | 1 min read Source: AdobeStock / Mahoa Creative Polygon Labs has undergone a key structural change to improve its focus on building zero-knowledge (ZK) technology solutions. On Tuesday, the software company announced that it had expanded the co-founder and executive chairman Sandeep Nailwal’s role to chief business officer (CBO).“He continues to work hard to accelerate adoption of the Agglayer as well as Polygon’s innovative zk solutions in verticals including DeFi, gaming, dePIN, AI and NFTs,” wrote Polygon Labs to Twitter.Polygon Doubles Down On ZK ProofsIn a follow-up statement, Nailwal told followers that…
Last updated: May 28, 2024 17:26 EDT | 2 min read Central Bank Governor Chea Serey revealed On May 28 that the Central Bank Digital Currency (CBDC) Bakong could increase the adoption of Cambodia’s Riel currency by facilitating cross-border QR payments.Cambodia’s Central Bank Governor Asserts Cross-Border Transactions Can Boost Riel UseIn an exclusive interview at Nikkei’s Future of Asia conference in Tokyo, Chea Serey discussed the dynamics of Cambodia’s currency system and how it’s evolving. At the occasion of the Nikkei Forum 29th Future of Asia, Secretary-General of ASEAN, Dr Kao Kim Hourn, met with the Governor of the National…
Last updated: May 28, 2024 15:00 EDT | 2 min read In the latest Solana meme coin pump, the new token SHIB on Solana has exploded overnight.This article will provide an analysis of SHIB on Solana’s current price trends and look to see whether an innovative new meme coin, PlayDoge, represents a more promising investment opportunity at this time. Legendary entry opportunity on $SHIB on #SOLANA https://t.co/w8n4YHBNWx pic.twitter.com/0G5feXoO4u — Gandalfcalls (@gandalfcalls) May 28, 2024At the heart of this price explosion is continued traction and interest in dog-themed meme coins, which have emerged in recent months as favorites among Solana meme…
Last updated: May 28, 2024 14:46 EDT | 2 min read HTX (formerly Huobi) achieved a major milestone on May 27 by temporarily surpassing US-based Coinbase in daily spot trading volumes for the first time.Justin Sun, the influential figure behind the TRON blockchain and one of the investors at HTX, shared the milestone on X. He said HTX traded $1.81 billion worth of cryptocurrencies in 24 hours, beating Coinbase’s $1.58 billion.HTX Exchange Recorded $1.81B Spot Trading Volume For the first time, @HTX_Global has more spot trading volume than @coinbase. This is just the beginning, and we are just getting started.…
Last updated: May 28, 2024 14:31 EDT | 5 min read A new Doge meme coin called PlayDoge has exploded onto the scene after raising $200,000 within minutes of the start of its presale. Doge meme coins are big in crypto and have been for some time now, and so too is play-to-earn (P2E) focused GameFi crypto. Those two observations mean that PlayDoge, which speaks to both sectors, is perfectly positioned to attract the attention of legions of crypto watchers on the hunt for the next Floki Inu.What’s more, PlayDoge’s native token $PLAY runs on the BNB Smart Chain.That’s more…
Last updated: May 28, 2024 13:12 EDT | 3 min read SHIB has recovered after a small dip this morning, with the Shiba Inu price reaching $0.00002546 again and posting a very slight 0.1% loss in 24 hours.The meme token is also down by 0.4% in a week, but up by 8% in a fortnight and by 3% in a month.These are modest percentages, yet SHIB has actually gained by 188% in a year, with yesterday also revealing data which shows that one whale has made a 419x gain with SHIB across three years.This highlights how SHIB continues to make…
Last updated: May 28, 2024 13:05 EDT | 3 min read Ethereum Price Prediction as ETH Approaches $4,000 Level – Here is the Next Key Level to Watch / Source: Cryptonews While pulling back a little on Tuesday after nearly touching $4,000 on Monday, the Ethereum (ETH) price looks likely to continue trending to the upside, as the crypto continues to benefit from tailwinds relating to last week’s SEC approval of Ethereum ETFs.The Ethereum price was last around $3,850, down around 1% on Tuesday. Crypto markets took a modest knock on jitters regarding some Bitcoin wallet movements relating to Mt…
Last updated: May 28, 2024 12:54 EDT | 2 min read An explosive ETF-fuelled rally by popular meme coin Pepe ($PEPE) appears to be rapidly losing momentum.Pepe blew up 46% over the last seven days in a rally partly driven by news that the US SEC has approved exchange-traded funds (ETFs) for Ethereum ($ETH), the coin powering Pepe’s native blockchain.Now, the momentum appears to be reversing quickly. An intraday loss of 4% has taken Pepe Coin’s price down to $0.00001605 as of this writing.Pepe’s trading chart reflects a meme coin that traded in a fairly narrow range from late March…
Last updated: May 28, 2024 12:11 EDT | 4 min read Explore what experts are saying about the best crypto to buy now, focusing on long-term potential and recent market trends in the blockchain space. Image by cryptonews.com. As crypto markets succumb to sell pressure on Tuesday as US markets reopen following the longer Memorial Day holiday weekend amid jitters about the sale of Mt Gox Bitcoins, traders are hunting for altcoins gems that could still provide short-term upside and be the best crypto to buy now.Bitcoin (BTC) was last trading around $68,000, down 2% on the day. Mt. Gox…