The U.S. Government May Begin Hoarding Bitcoin, But How and Why?
Proposed legislation regarding a strategic reserve of bitcoin for the U.S. government poses far more questions than answers at the moment.
Women in Crypto Earn More Than Men
Pantera Capital’s compensation survey finds that, based on median base salaries, women earn 15% more than men. One possible explanation: they often have more experience than their male counterparts.
Women in Crypto Earn More Than Men
Pantera Capital’s compensation survey finds that, based on median base salaries, women earn 15% more than men. One possible explanation: they often have more experience than t...
WazirX Co-Founder Nischal Shetty Says All Options Are on the Table for Fund Recovery
Shetty said that outreach efforts to different exchanges “are going to be crucial.”
Job openings dip slightly in June amid signs of 'turbulence' in labor market
The June JOLTS report is the latest data displaying a labor market that has begun to show some signs of cooling.
Key Interest Rate Decisions Coming This Week From Fed, BOJ, BOE
The Fed is expected to hold policy steady but indicate a soon-to-come rate cut, while the Bank of England is seen as about a 50/50 bet to ease and the Bank of Japan is likely...
Bitcoin Dominance Taps Three-Year High, But Analyst Says Alts Are Poised to Rally
Bitcoin is now the most dominant force in the crypto market, surpassing 53% of the total crypto market—stronger than it has been in three years. Bitcoin’s market cap now stands at $1.27 trillion, according to CoinGecko data. By contrast, crypto’s total market cap is $2.43 trillion, with 15.9% of the market occupied by Ethereum, worth $389 billion. The upward climb of Bitcoin dominance this year is an unusual one, given that altcoins usually thrive better than Bitcoin in a bull market environment...
Canva Grows AI Toolbox With Leonardo.AI Acquisition
Canva has announced its acquisition of Australian generative AI startup Leonardo.AI for an undisclosed amount. This move will help strengthen Canva’s generative AI offerings as it looks to take on brands like Adobe, Microsoft, and Google in the visual content creation space. Canva's CEO Cameron Adams emphasized the significance of the acquisition, “This field is constantly evolving, and Leonardo.AI’s technical leadership and community impact can’t be overstated,” he wrote. “Bringing our worlds t...
AI Startup Unveils $99 ‘Friend’ Necklace, Raising Eyebrows and $2.5 Million
Remember Tamagotchis, the pocket-sized virtual pets that had millennials glued to tiny screens in the 90s? Well, they're back—sort of. A California-based startup called My TabAl, Inc. purchased the domain friend.com for $1.8 million to launch its entry in the rapidly burgeoning, virtual best-friend market: a $99 AI-powered necklace dubbed ‘friend’ (yes, lowercase). The device is expected to ship early next year. Judging by the information and videos available that started hitting the net this we...
Here Are the Hottest Political Betting Pools on Polymarket
Polymarket, the decentralized prediction platform that allows anyone to create a market about essentially any question, has rapidly gained recognition in the lead-up to the 2024 U.S. presidential election. Now, users are pouring hundreds of millions of dollars into bets on the outcomes of a variety of political contests and questions. One of Polymarket's draws is its simplicity: users bet on the outcome of a specified “event” by buying shares, which are priced between $0.01 and $1.00 and correla...