Source: Cointelegraph South Korea’s crypto user base surged to 15.6 million in November, surpassing 30% of the population. South Korean crypto holders reportedly increased in November after Donald Trump won the United States presidential election. On Dec. 25, South Korean media outlet Yonhap News reported that in November, the number of crypto users in the… Continue reading Over 30% of South Koreans Invest in Crypto Assets
Category: Market News
Memecoins Take Top Spot For Crypto Investor Interest in 2024: CoinGecko
Source: Cointelegraph Memecoin interest in 2024 was largely directed toward Solana-based tokens, followed by those on Coinbase’s blockchain Base, according to a CoinGecko study. Memecoins took the top spot for mindshare in the crypto space this year with almost a third of investor interest focused on the highly speculative tokens, a CoinGecko study found. “The… Continue reading Memecoins Take Top Spot For Crypto Investor Interest in 2024: CoinGecko
Smart Contracts Get Smarter: How AI Agents Are Changing the Blockchain Space
Source: The Block Quick Take Recent shifts in AI-driven blockchain projects focus on creating “agents”— AI-powered bots capable of performing autonomous tasks like trading, investment management and user interaction. AI agents have the advantage of continuously updating their models to improve decision-making, a capability traditional software bots lack. The intersection of artificial intelligence and blockchain… Continue reading Smart Contracts Get Smarter: How AI Agents Are Changing the Blockchain Space
Elon Musk’s xAI Lands $6B in New Cash to Fuel AI Ambitions
Source: TechCrunch Updated December 25, 12:21 p.m. Pacific: Added details of xAI’s valuation and Kingdom Holdings’ contribution. xAI, Elon Musk’s AI company, has raised $6 billion in a Series C financing round. The company announced this week that Andreessen Horowitz , Blackrock, Fidelity, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy… Continue reading Elon Musk’s xAI Lands $6B in New Cash to Fuel AI Ambitions
GCLET, Ant Digital Technologies Complete Issuance of First PV Green Asset RWA in CN, Involving RMB200M+
Source: Aastocks GCLET(002015.SZ) and Ant Group’s Ant Digital Technologies recently completed the issuance of RWA (Real World Assets) based on photovoltaic physical assets, involving an amount of over RMB200 million, which is expected to be the first RWA of photovoltaic physical assets in China, according to GCLET’s announcement. Furthermore, GCLET and Ant Digital Technologies also… Continue reading GCLET, Ant Digital Technologies Complete Issuance of First PV Green Asset RWA in CN, Involving RMB200M+
Trump Appoints Former College Football Player Bo Hines as Executive Director of New Crypto Council
Source: CoinMarketCap Donald Trump has appointed Bo Hines, a former college football player and Republican congressional candidate, as the Executive Director of the Presidential Council of Advisers. Donald Trump has appointed Bo Hines, a former college football player and Republican congressional candidate, as the Executive Director of the Presidential Council of Advisers for Digital Assets.… Continue reading Trump Appoints Former College Football Player Bo Hines as Executive Director of New Crypto Council
Ethereum NFT Collections Drive Weekly Volume to $304M
Source: Cointelegraph Pudgy Penguins, LilPudgys, Azuki and Doodles topped last week’s charts as the best-performing collections. Ethereum-based non-fungible token (NFT) collections surged last week, driving the overall digital collectible weekly sales volumes to $304 million. On Dec. 21, data tracker CryptoSlam reported that Ethereum NFTs experienced a 76% week-on-week increase, reaching $201 million in sales… Continue reading Ethereum NFT Collections Drive Weekly Volume to $304M
Egyptian Banks Launch Apple Pay Tokenization
Source: Zawya The CBE’s approval of these regulations is part of a broader initiative to promote digital transformation within the Egyptian financial sector. Egypt – Several major Egyptian banks have activated card tokenization services through Apple Pay, following the Central Bank of Egypt’s (CBE) February 2023 approval of regulations for this technology. National Bank of… Continue reading Egyptian Banks Launch Apple Pay Tokenization
U.S. Treasury Names Bitcoin ‘Digital Gold’ After Price Explosion
Source: Forbes Bitcoin has seen its price climb back over $100,000 this week after bouncing wildly around the closely-watched level, with the chief executive of Wall Street’s biggest market maker admitting he’s got “FOMO.” The bitcoin price has more than doubled this year as a perfect storm hits the crypto market—with traders now braced for… Continue reading U.S. Treasury Names Bitcoin ‘Digital Gold’ After Price Explosion
India’s Web3 Dominance Fueled by 1K Startups, Global Investments, Dev Talent
Source: Cointelegraph India is on track to lead Web3 adoption by 2027, driven by startups, developers and government-backed blockchain initiatives. A massive startup network supported by global investment and local adoption has positioned India to spearhead Web3 innovation, according to a report on the country’s Web3 landscape. India currently hosts over 1,000 Web3 startups across… Continue reading India’s Web3 Dominance Fueled by 1K Startups, Global Investments, Dev Talent
