Crypto News
‘I Liked the Coins’: Dog-Themed Token Price Doubles After US Congressman Buys In
Ski Mask Dog, a meme coin launched on Base, jumped in price after Georgia Rep. Mike Collins acknowledged his investment in the asset.Source link
AI Revolutionizes Climate Modeling with Enhanced Speed and Accuracy
AI is transforming climate modeling by accelerating processes and improving accuracy, as showcased in NVIDIA GTC 2024. Innovations like AI2 Climate Emulator are proving vital for efficient climate predictions. (Read More)Source link
The Protocol: Bitcoin Gets a DEX, Union Labs Gets $12M
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Marc Hochstein, CoinDesk's deputy editor-in-chief for features, opinion and standards.In this issue:Bitcoin gets a DEX, thanks to the Nomic bridgeUnion Labs gets $12M to build more bridgesBase's Jesse Pollak looks back on BALDJustin Drake discusses Ethereum's Beam Chain plan … and SolanaNetwork NewsSTRENGTH FOR ETH: The Ethereum blockchain's transaction revenue has increased substantially since Donald Trump's U.S. election victory, Steno Research said in a Monday report. "This outcome is crucial for all on-chain activity," wrote analyst Mads Eberhardt. The surge has led to higher staking rewards and more ether (ETH) being burned via transaction fees, the report said. "This combination strengthens Ethereum's tokenomics,"...
Bitcoin Mining Firm Foundry Confirms Layoffs Despite Rising Miner Revenues
American Bitcoin mining firm Foundry confirmed that it let go of 16% of its staff, continuing a wave of layoffs across crypto companies.Source link
NCA Targets Russian Money Laundering Networks in Major Operation
The UK’s National Crime Agency disrupts a major Russian money laundering network, leading to 84 arrests and the seizure of over 20 million Euros in cash and cryptocurrency. (Read More)Source link