Crypto News

Virginia Proposes a Mere $17,192 a Year for New Blockchain and Cryptocurrency Commission

The money is set to cover the costs associated with having meetings including travel expenses.Source link

Legendary Investor Stanley Druckenmiller Dumps Big Tech, Bets on AI and Gold

Stanley Druckenmiller, the legendary investor who was part of George Soros’ Quantum Fund, has dumped traditional tech stocks while putting funds into gold mining companies and artificial intelligence (AI) shares. According to filings, he sold Amazon, Alphabet (Google), and Broadcom stocks while acquiring shares of Barrick Gold and Newmont, two gold miners. Stanley Druckenmiller SellsSource link

Cleo Tech’s ‘Marketing for Good’ Token Launches on MEXC

The Web3-powered platform lets brands offer users social “good deeds” in exchange for viewing advertisements.Source link

AI Tokens Rally as OpenAI’s Sora Brings Renewed Hope to the Sector

Sector tokens jumped 7.7% on average in the past 24 hours, CoinGecko data shows, with Ocean Protocol’s OCEAN and Fetch.AI’s FET rising more than 10%.Source link

Sui Overtakes Aptos, Cardano in Value Locked; Sees $310M Inflow in 30 Days

Sui, the layer 1 blockchain built by a group of former Meta (META) employees, has experienced a cascade of inflows this month in a spike that has seen it overtake Cardano, Near and Aptos in terms of total value locked (TVL).Source link