Animoca Brands co-founder Yat Siu says agentic artificial intelligence (AI) is the most important shift in the internet since blockchain, and his firm is backing it with a fresh $10 million investment program. Key Takeaways: Animoca Brands launched a $10M fund targeting early-stage agentic AI, calling the sector as early as OpenAI circa 2020. Yat
World, the cryptocurrency project formerly known as Worldcoin, has entered a partnership with the rock band Thirty Seconds to Mars to introduce a biometric identity-verified ticketing system called ‘Humans Only Ticket.’ The initiative aims to prevent ticket scalping and ensure that tickets are purchased by real individuals rather than automated bots. How the Humans Only
The developer community’s performance often plays a crucial role in measuring the blockchain ecosystem’s pulse. Particularly, over the past month, Ethereum, $BNB Chain, and Polygon have held the leading positions based on developer activity. As the data from Santiment suggests, the other notable names include Arbitrum, Solana, Cosmos, Optimism, Avalanche, Gnosis, and Harmony. Nonetheless, when
Stanislav Lazarev, Deputy General Director for Sales at A7, believes that the cross-border payments ecosystem will shift toward independent solutions, including digital assets, as participants seek to complete these disbursements while avoiding secondary sanctions imposed by Western countries. Key Takeaways: To bypass sanctions, A7 says 85% of trades use friendly currencies, pushing independent rails in
Turkey’s crypto market has become the region’s largest, with roughly $200 billion in transaction volume over the past year. Ripple executive Reece Merrick described Turkey as a leading crypto adoption market as Istanbul prepares to host a major blockchain event. Key Takeaways: Ripple executive Reece Merrick described Turkey’s crypto adoption as exceptionally strong. Turkey’s crypto
A $1.26 billion block sale of BlackRock’s iShares Bitcoin Trust (IBIT) this week might have been driven by a large investor seeking a rapid exit from bitcoin exposure rather than the unwinding of a common hedge-fund trading strategy. That’s according to an analysis published by crypto investment firm NYDIG. The transaction took place on May
EXE Official, a renowned Web3 SocialFi platform, has partnered with REI Network, an efficient, Ethereum-compatible L1 chain. The partnership aims to push forward the innovation in the Web3 SocialFi networks. As EXE Official revealed in its official social media announcement, the development is set to strengthen creators by offering true ownership on-chain, effective monetization opportunities,
Bitcoin’s derivatives markets are pricing in a significant move as $40 billion in options open interest and another $40 billion-plus in futures contracts sit across major exchanges while the leading crypto asset trades at $73,600 on Sunday morning at 11:30 a.m. ET on May 31. Key Takeaways: Bitcoin futures open interest (OI) across 11 exchanges