Crypto-related activities such as political donations, crypto betting, PolitiFi tokens, and NFT sales have surged, overshadowing the level of crypto participation seen in earlier elections. Crypto Donations and Betting Soar in 2024 US Elections Breadcrumbs, a blockchain analytics platform, reports that crypto donations to political campaigns have doubled since 2022.…
After reaching a combined market capitalization of $1.25 billion in early June, the valuation has plummeted nearly 90%, now standing at $154.9 million. PolitiFi meme coins emerged in mid-2023, with TRUMP debuting in August and setting the stage for other similar tokens. The sector saw a strong rally during the…
Solana co-founder Anatoly Yakovenko has criticized the Ethereum layer-2 network ZKsync because it still operates like a multisig system despite claims of community-led governance. In a post on X (formerly Twitter), Yakovenko argued that the same “honest majority” assumptions apply to ZKsync because its system’s legal or technical control could…
Deaton recently secured the Republican nomination, positioning him to challenge Warren for the Massachusetts Senate seat in the upcoming US elections. Winklevoss’s post responded to an email from Elizabeth Warren’s campaign, which accused conservative, crypto-backed groups of orchestrating multi-million-dollar ad campaigns against her. Warren specifically targeted Tyler and his brother…
RootstockCollective has been unveiled as the first DAO on Bitcoin layer-2 Rootstock. The DAO will allow holders of Rootstock token RIF to earn voting rights through staking their tokens. NFTs arrived on Bitcoin last year. Then fungible tokens came to the oldest and largest blockchain – along with dozens of…
In a very bold move, the famous pop singer Taylor Swift has announced her support for Kamala Harris for the November Presidential elections. She made this announcement via her Instagram minutes after the Trump and Harris debate. Her endorsement to Kamala caught everyone off guard. Swift is known for her…
North Carolina legislators have approved a bill that prevents the U.S. state from accepting central bank digital currencies (CBDC) as a form of payment or participating in any related tests conducted by any branch of the Federal Reserve. According to the roll call transcript for the voting session, the North…
The survey highlights a resilient commitment from investors in the US, UK, France, and Singapore. Retail Crypto Investors Are Not Selling In the US, 21% of adults reported owning cryptocurrency, mirroring figures from the previous year. Similarly, 18% of U.K. residents maintained their digital asset holdings. In France, crypto ownership…
Here’s why crypto investors should pay attention and what market reactions to expect. Trump vs Harris: Crypto Investors Place Their Bets Crypto community is closely following the US presidential race, as for the first time, one of the candidates — Donald Trump —has pledged to support the development of the…
California-based startup Altera has launched Project Sid, a groundbreaking simulation featuring over 1,000 autonomous AI agents collaborating in a Minecraft world. The project, led by CEO Robert Yang, a former assistant MIT professor, aims to explore the potential of AI agents to form complex societies and tackle challenges collectively. [embedded…