Elon Musk shifts Cybertruck deliveries and Starlink terminals to support LA wildfire recovery with Wi-Fi and Tesla power solutions.
Oh, an innovative platform blending AI with Web3 technology has secured $4.5 million in seed funding, according to a Jan. 10 statement shared with CryptoSlate. The oversubscribed round saw contributions from major players like Tangent, Big Brain Holdings, Kosmos Ventures, Tagus Capital, and Bodhi Ventures. It also received support from prominent angel investors like Delphi […]
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Team members from Coinbase, Google, ai16z, and other major players have joined forces to launch Aiccelerate, a new Decentralized Autonomous Organization (DAO) that aims to accelerate the convergence of crypto and artificial intelligence (AI). According to a Jan. 9 announcement, the DAO will focus on fostering decentralized, open-source AI development and supporting high-potential projects across […]
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Phala Network, a Polkadot parachain, has expanded its reach to the Ethereum blockchain by introducing a layer-2 rollup protocol designed to boost scalability and efficiency. According to a Jan. 8 statement: “Phala Network has taken a monumental step forward in blockchain innovation by launching the first-ever Op-Succinct Layer 2 (L2) rollup on Ethereum. This transformative […]
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The decentralized prediction platform Polymarket is facing intense scrutiny from regulators and the public alike for its actions. Over the past day, reports emerged that the US Commodity Futures Trading Commission (CFTC) has subpoenaed user data amid backlash over its controversial wildfire betting markets. Controversial wildfire bets Polymarket has been criticized for allowing bets on the […]
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China’s newly unveiled “National Data Infrastructure Construction Guidelines” place blockchain at the heart of the country’s strategy to enhance data security, transparency, and scalability as part of its broader digital transformation push. The guidelines, released by the National Development and Reform Commission and other agencies, highlight blockchain technology as a cornerstone for facilitating trusted data […]
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Ethereum co-founder Vitalik Buterin’s latest blog post reflects on the progress of decentralized and democratic differential defensive acceleration, or d/acc — one year after its introduction. Buterin emphasized the need for caution in AI development, advocating for defensive technologies that empower individuals and communities without relying on centralized authorities. One year after introducing the concept […]
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Ripple has partnered with Chainlink to provide robust pricing data for its RLUSD stablecoin, according to a Jan. 7 statement. The integration introduces Chainlink’s blockchain technology to Ripple’s ecosystem, delivering secure and verifiable price feeds directly on Ethereum’s network. RLUSD, a stablecoin pegged to the US dollar, was launched in December after securing approval from […]
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Social media giant Meta is replacing its fact-checking program with a user-driven “Community Notes” system, according to a Jan. 7 statement. This move follows the model adopted by X (formerly Twitter), where users collectively identify and provide context for potentially misleading posts. The platform added: “We think this could be a better way of achieving […]
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Solana developers are debating new technological upgrades to enhance the blockchain’s performance and security. These initiatives aim to address scalability challenges and bolster the network’s resilience against potential threats from quantum computing as it contests Ethereum’s dominance. Tackling scalability issues Firstly, Solana is exploring a proposal to implement a lattice-based system to address scalability challenges. This […]
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Ripple wants its new stablecoin to play nice with DeFi apps, and it’s bringing in Chainlink's price feeds to make that happen.
Traditional remittance giants like Western Union and MoneyGram are struggling to keep pace in an evolving financial ecosystem increasingly shaped by stablecoins. According to Matthew Sigel, Head of Digital Assets Research at VanEck, downloads of remittance giants apps have dropped significantly, with Western Union seeing a 22% decline and MoneyGram experiencing a 27% reduction. Meanwhile, […]
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The crypto world is celebrating 16 years since Bitcoin’s Genesis block was mined on Jan. 3, 2009. This landmark event not only marked the birth of the top digital asset but also laid the groundwork for today’s digital financial revolution. Origin Bitcoin was created partially in response to the 2008 financial collapse—a time when trust […]
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Crypto venture capital investments grew 26.1% in 2024 compared to the previous year, with 1,535 projects publicly disclosed, according to a report by Wu Blockchain citing RootData statistics. The report highlighted a total of 102 publicly disclosed crypto VC investment projects in December, reflecting a 7.4% month-on-month (MoM) increase from 95 projects in November. However, […]
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Jordan’s government has introduced a new Blockchain Technology Policy for 2025, which aims to increase transparency, improve public services, and drive economic growth. The initiative, approved by the Jordanian Council of Ministers, seeks to modernize administrative procedures and enhance trust in government operations. The policy outlines plans to implement blockchain technology to streamline government functions, […]
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X (formerly known as Twitter) aims to chart a new course this year by blending finance, artificial intelligence, and social media into its ecosystem. On Dec. 31, CEO Linda Yaccarino teased upcoming features to provide users with broader capabilities beyond traditional social media interactions. According to her, 2025 will be a year when the platform’s […]
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From expressive dance to home helpers, humanoid robots reached new milestones in 2024.
Sonic Labs announced on Dec. 25 that its official Sonic Gateway can now bridge FTM tokens from Ethereum to S tokens on the Sonic mainnet. The gateway will also allow the transfer of Euro Coin (EURC), USD Coin (USDC), and Wrapped Ethereum (WETH). The conversion of FTM to S will occur at a ratio of […]
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Telegram officially became profitable in 2024, generating over $1 billion in revenue for the first time, according to the platform’s founder, Pavel Durov. Durove announced the achievement in a social media post on Dec. 23, marking a pivotal moment for the messaging platform, which has faced persistent financial challenges, accumulating debt, and legal scrutiny in […]
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The Wall Street Journal (WSJ) has raised alarms over a potential quantum computing threat to Bitcoin (BTC), describing it in a recent article as “a time bomb waiting to explode.” The article addresses the possibility of advances in quantum computing posing a risk to Bitcoin’s security and potentially becoming a threat to the entire blockchain […]
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Satonomy has launched a beta platform designed to simplify the management of Bitcoin-native assets like UTXOs, Ordinals, Runes, and rare sats to address long-standing barriers to adoption, according to a Dec. 23 statement shared with CryptoSlate. The platform aims to provide a seamless experience, empowering users to consolidate, optimize, and manage their Bitcoin holdings through […]
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Nokia has reportedly applied for a patent focused on encrypting digital assets, local Chinese media outlet Sina Finance reported on Dec. 23. The patent was reportedly filed in June 2024, and the application was published under CN119155674. According to the report, the technology encrypts assets using a first key that creates a secure data version. […]
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A Nokia patent application shows that the company may be moving into digital asset encryption.
Hyperliquid, a layer-1 decentralized leveraged trading platform, saw its total value locked (TVL) plummet by over $1 billion in the past week. This drop follows reports of suspicious activity tied to North Korean hackers. According to CryptoSlate’s data, this has also resulted in a steep 20% fall in Hyperliquid’s native token value over the last […]
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Marathon Digital Holdings is redefining the narrative around Bitcoin mining by repurposing its excess heat to benefit communities in Finland. In a Dec. 20 statement on X, the company said it provides heating for approximately 80,000 residents through a forward-thinking approach that merges innovation and environmental responsibility. This success builds on a pilot project launched […]
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Shiba Inu has taken a significant step forward by partnering with Chainlink to enhance cross-chain functionality and data integration across its ecosystem, according to a Dec. 19 statement. This collaboration introduces cutting-edge interoperability features and positions the Shiba Inu network for broader adoption. Unlocking cross-chain potential The collaboration integrates Chainlink’s Cross-Chain Token (CCT) standard into […]
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The Bavarian State Office for Data Protection Supervision (BayLDA) has ordered Worldcoin to implement stricter privacy measures after concluding its investigation into the company’s biometric data practices. Worldcoin (WLD) has been instructed to provide a GDPR-compliant data deletion process within one month. The BayLDA also required the company to obtain explicit user consent for certain […]
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Deutsche Bank is building a layer-2 blockchain based on Ethereum to solve the regulatory hurdles financial institutions face using public blockchains, Bloomberg News reported on Dec. 17. The platform, dubbed Project Dama 2, represents the German banking giant’s attempt to harness blockchain technology’s potential while minimizing risks associated with public ledgers, which can often inadvertently transact […]
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The price of Bitcoin (BTC) experienced much turbulence in the past week dipping by almost 5% to reach a local bottom of $95,000 on Wednesday. While the crypto market leader has since recorded a market rebound returning to above $101,000, BTC has once again slipped into consolidation drawing much speculation on its next price movement. […]
Solana has claimed the top spot as the preferred blockchain ecosystem for new developers, eclipsing Ethereum’s dominance for the first time in nearly a decade. A report by Electric Capital highlighted that 7,625 new developers joined the Solana network in the past year, marking the first time any blockchain ecosystem has surpassed Ethereum in developer […]
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