Finance

With each month, the Bitcoin performance can vary widely depending on how investors are feeling toward the market. Years of monthly return data available for the cryptocurrency have led to investors and analysts trying to pinpoint the cryptocurrency’s next move based on historical performance. As the month of August draws to a close, Bitcoin investors … Read more

Bitcoin scaling proposal Ark is getting closer to reality. After a year of research focused on refining the reference implementation, Ark Labs announced today the completion of a $2.5 million pre-seed funding round led by Tim Draper and his firm, Draper Associates. While the technical feasibility of Ark’s approach was initially debated, today’s announcement is … Read more

The DEA’s paper is expected to be a watershed moment for India’s crypto regulation, potentially setting the stage for comprehensive legislation. #Indias #crypto #future #hinges #DEAs #September #consultation #paper

Nardos Bekele, CEO of NEPAD, believes AI can significantly benefit Africa by addressing various challenges and accelerating progress towards Agenda 2063. Although AI offers potential improvements in sectors like health, education, and agriculture, challenges such as fragmented digital infrastructure and ethical concerns hinder its adoption. Africa’s Agenda 2063 According to the head of an African … Read more

Check out the companies making headlines in after-hours trading. Snowflake — Shares tumbled nearly 7% even after the software company beat quarterly expectations and slightly raised its full-year product revenue guidance. Snowflake reported fiscal second-quarter adjusted earnings of 18 cents per share, higher than the 16 cents per share expected by analysts surveyed by LSEG. … Read more

PIP Labs, the core contributor to layer-1 network Story Protocol, has raised $80 million to build an ecosystem where creators can “grow their IP in the age of AI.” Programmable IP Labs, the mastermind behind the blockchain startup Story Protocol, has attracted $80 million in a series B funding round, bringing the total value raised … Read more

Key Takeaways BlackRock’s IBIT and Fidelity’s FBTC rank among top 15 global ETFs for inflows in 2024. US spot crypto ETFs represent 1.9% of total global flows, with Bitcoin ETFs outperforming Ethereum ETFs. Share this article Spot crypto exchange-traded funds (ETF) in the US represent nearly 1.9% of the total global flows year-to-date, with BlackRock’s … Read more

Singapore, Singapore, August 21st, 2024, Chainwire At the Web3 Summit in Berlin today, SubQuery made a major announcement, unveiling its newest innovation: decentralized AI inference hosting. In a live demonstration, SubQuery’s COO, James Bayly, showcased how the latest LLama model operates across a fully decentralized network of Node Operators on SubQuery’s internal test network. SubQuery’s … Read more