24/7 Blockchain industry dynamics and breaking crypto news
Senator Elizabeth Warren criticizes Federal Reserve nominee Kevin Warsh for incomplete financial disclosures, failing to fully reveal massive wealth tied to the 'Juggernaut Fund'. She calls him the first ethically non-compliant Fed nominee. The Senate Banking Committee confirms his non-compliance status. Warsh declined to comment.
Read MoreChina's NDRC announced a series of effective investment initiatives for 2024, focusing on AI-plus infrastructure, urban renewal, national water networks, and new energy systems. The plan aims to optimize supply, expand demand, and leverage institutional innovation and state-guided funds to foster long-term project sustainability and mobilize private capital for tech innovation.
Read MoreOn-chain data reveals a significant transfer of 3,000 ETH, valued at approximately $6.9 million, from an address linked to BitMEX co-founder Arthur Hayes to major exchanges Binance and Bybit. This large-scale movement has captured market attention.
Read MoreOn-chain data reveals a significant shift: 55% of AKE's circulating supply, valued at $8.67 million, was moved to a major exchange over four days. This large transfer coincided with a 65% price retracement after a brief surge and a dramatic increase in daily trading volume from $2 million to $34 million, indicating heightened market activity and sparking investor scrutiny.
Read MoreElection prediction markets for 2026 have surpassed $20 billion in total wagers. Activity surged in April with upcoming votes in Hungary and Peru. A pivotal shift sees non-U.S. markets now accounting for over half of all bets, signaling the phenomenon's globalization with emerging economies driving growth.
Read MorePan Gongsheng announced that China will focus on domestic demand, boost consumption, and integrate investment with human development during the 15th Five-Year Plan period. The central bank will implement appropriately accommodative monetary policy to support high-quality growth and contribute to global economic expansion.
Read MoreNasdaq-listed Bitcoin miner TeraWulf has successfully completed a major public offering, raising approximately $1.035 billion by issuing over 54.5 million shares at $19 each. Led by Morgan Stanley with support from top-tier banks, the funds will fuel significant expansion of its mining infrastructure, highlighting strong institutional confidence in the sector.
Read MoreOpenAI has unveiled a strategic, multi-year plan to invest over $20 billion in servers powered by Cerebras' specialized AI chips. The landmark agreement also includes an equity stake for OpenAI in Cerebras, forging a deep alliance to secure the immense computing power required for next-generation AI model training and deployment.
Read MoreAn innovative platform merging live streaming with prediction markets has secured $5 million in seed funding. Built on a high-performance blockchain, it enables users to create prediction events seamlessly during live streams. The investment round saw participation from notable firms, highlighting growing interest in this niche.
Read MoreCoinbase's CEO Brian Armstrong highlights the undervalued potential of the AI-driven "agent economy." He predicts machine-to-machine payments will drive digital dollar demand beyond current forecasts, with this automated economy potentially surpassing human economic activity in scale. Coinbase is building foundational infrastructure for both trends.
Read MoreBOJ Governor Kazuo Ueda described policy responses as "very difficult," balancing inflation risks from energy prices and economic downturn risks. He avoided clear signals ahead of next week's rate decision, pledging appropriate measures to achieve the 2% inflation target.
Read MoreA US securities industry group warns that a leading AI company's latest model could be exploited to attack a critical market surveillance database, risking mass data breaches and identity theft. It calls for halting retail trader data collection and destroying existing records.
Read MoreRussian crypto exchange Grinex was hit by a large-scale cyber attack, halting operations. Reported losses exceed $13 million, but blockchain analysis indicates around $15 million was stolen. Stolen funds were swiftly converted and moved. The platform is linked to previously sanctioned entities, raising security concerns.
Read MoreAn early Ethereum ICO whale transferred 2,000 ETH (worth ~$4.63M) to a multi-signature address. The receiving address frequently sends funds to a major exchange, and the source wallet interacts often with prominent block builders, sparking speculation about future moves.
Read MoreDecibel, a perpetual contract exchange incubated by Aptos Labs, has launched its first non-crypto asset perpetual contract: Gold (XAU). This move marks a significant step in bridging traditional commodities with the decentralized finance ecosystem, offering traders new diversification opportunities and expanding the reach of Web3 derivatives markets.
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