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Runes Protocol Activity Declines After Initial Surge
Key Takeaways Fees collected by Runes fell drastically from $135 million in the first week to surpassing $1 million twice in the past 2 weeks. Runes protocol experienced the fewest number of new mints and interactions between new wallets on May 10
Read MorePhilippine Central Bank Approves Peso-Pegged Stablecoin for Faster Remittances
The Bangko Sentral ng Pilipinas, the central bank of the Philippines, has approved PHPC, a stablecoin pegged to the Philippine peso, aimed at facilitating cost-effective remittances. Crypto exchange Coins.ph, the stablecoin issuer, plans to attract 20,000
Read MoreBitcoin whale wallets move $61M in BTC after a decade of dormancy
The two wallets acquired a total of 1,000 Bitcoin more than 10 years ago — when BTC was worth $134 each.
Read MoreBillion-Dollar Bank Prepares for $450,000,000 Fine From US Government for Failing To Effectively Detect, Report, and Respond to Suspicious Activity
Banking giant Toronto Dominion (TD) is preparing to pay nearly half a billion dollars in penalties over an inadequate anti-money laundering (AML) program. In an announcement, TD says it has set aside an initial provision of $450 million to pay the US gove
Read MoreCardano Founder Charles Hoskinson Advocates for Crypto’s Social Contract Over CBDC
Cardano blockchain founder Charles Hoskinson spoke against Central Bank Digital Currencies (CBDCs) while explaining the fundamental concept behind crypto. Hoskinson made this statement in a May 11 social media post while expressing his views about the
Read MoreRobinhood Crypto Revenue Triples Amid SEC Crackdown
The popular millennial trading platform released its earnings report on May 8, beating analyst estimates. According to its first-quarter results, Robinhood reported record revenues of $618 million, up 40% year-over-year. Additionally, revenue from cryptoc
Read MoreRobert Kiyosaki Warns of US Dollar Collapse if BRICS Crypto Happens
Rich Dad Poor Dad author Robert Kiyosaki has issued a cautionary statement regarding the possible downfall of the U.S. dollar in the event of the BRICS economic bloc launching a gold-backed cryptocurrency. Kiyosaki predicts a scenario where trillions of U
Read MoreTa-da – The Data Platform for AI
Why you should listen Data is the new oil. Several growth factors are present in the data market, one of them being artificial intelligence, a big consumer of data. By 2032, the data collection market will experience a Compound Annual Growth Rate (CAGR) o
Read MoreOne Altcoin Has $1 Billion Token Unlock in the New Week
The cryptocurrency market will witness a very interesting token lock opening event in the new week. Aevo (AEVO), which was recently launched as Binance's Launchpool project, will experience a token unlock of approximately $1 billion on Wednesday, May
Read MoreAI News: 5 Potential Updates OpenAI May Announce This Week
The building anticipation in the artificial intelligence (AI) space among enthusiasts will come to a climax as OpenAI unveils its incoming updates. Speculation and predictions have been circulating among users, eager to catch a glimpse and explore what is
Read MoreRunes Protocol Slowdown Coincides with Bitcoin On-Chain Activity Slump
Bitcoin (BTC) kicked off the new year with a robust surge, breaching the $70,000 mark and witnessing significant engagement on its blockchain network. However, recent developments indicate a cooling trend in these metrics. Over the past two months, the
Read MorePolkadot (DOT) Ecosystem Recap: Here are the Latest Advancements
TL;DR Polkadot has recently improved its network performance, significantly boosting the speed and capacity for processing transactions. In addition to its technical advancements, the protocol is exploring a potential $8.8 million sponsorship deal with t
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