Tesla CEO Elon Musk has pointed to the “most serious looming issue” in the banking system in a new tweet. On Twitter, Musk was responding to an analysis by The Kobeissi Letter, which noted that more than $2.5 trillion in commercial real estate debt will come due in the next five years. As the analysts state, this is by far […]

NVIDIA’s Chief Technology Officer, Michael Kagan, expressed skepticism about cryptocurrencies and their societal value in a recent interview with The Guardian. Kagan believes that AI applications like the artificial intelligence chatbot ChatGPT are more beneficial than crypto mining. Kagan’s comments highlight NVIDIA’s strained relationship with the crypto community. In 2021, NVIDIA released software that limited its graphics cards’ ability to […]

Cryptocurrency exchange Binance continues expanding its global reach by setting up a new blockchain hub in crypto-friendly Georgia. Binance announced on March 26 the opening of its brand-new blockchain hub in Georgia, aiming to promote further adoption of crypto in the country. Referring to the hub as a “Web3 outpost,” Binance intends to attract talent to the Georgian blockchain sector, promote industry […]

Stellar lumen price is trading above $0.0900 against the US Dollar, similar to bitcoin. XLM price must stay above the $0.090 support to rise further. Stellar Lumen Price Analysis (XLM to USD) After forming a base above the $0.085 level, stellar lumen price started a fresh increase against the US Dollar. The XLM/USD pair broke the $0.090 resistance zone to […]

It looks like the crypto contributions made to politicians by Sam Bankman-Fried – the former founder and chief executive of digital currency exchange FTX – are coming back to haunt him. Four new criminal charges have been filed against him, some of which stem from the political contributions he made to democrat candidates in the past. Bankman-Fried NEVER Should Have […]

American venture capital investor and entrepreneur Tim Draper advised founders to keep at least two payrolls worth of cash in Bitcoin (BTC) or alternative cryptocurrencies, along with other diversification recommendations, in response to the uncertainty created by the collapse of Silicon Valley Bank (SVB). In a March 25 report directed at business founders, Tim Draper stated that Bitcoin is a […]

The hacker behind the $196 million exploit on lending protocol Euler Finance has returned the majority of the stolen assets, according to on-chain data.  In a transaction on March 25, the exploiter returned 51,000 Ether (ETH) worth around $88 million at the time of writing. A second transfer of 7,737 ETH was made on the same day, worth over $13 […]

Cardano, the groundbreaking blockchain platform developed by IO Global (IOG), has released its latest weekly development report, offering a glimpse into the ongoing advancements and enhancements in the project. The report (which is for the week that ended on March 24) covers various aspects of Cardano’s technology, wallets and services, smart contracts, scaling, and governance. Here’s a breakdown of the […]

It appears many of the world’s bitcoin units have “gone to sleep” over the past six months. A statement like this is not meant to be taken literally, but it appears there are several units of the world’s number one digital currency that have gone “dormant” in the last half year. $370 Billion in Bitcoin Has Been Dormant What this […]