Crypto News

The Fed is researching tokenization, he added.Source link

An anonymous trader on Hyperliquid turned a $125,000 investment into a staggering $29.6 million in just four months by strategically leveraging long positions on ethereum. The Rise of a New High-Risk Trader An unknown high-risk Hyperliquid trader turned $125,000 into $29.6 million in just four months. According to Lookonchain, the trader, who has been comparedSource link

Oracle network Chainlink's (LINK) native token showed remarkable strength during the Wednesday session as cryptocurrencies attempted to bounce back from yesterday's carnage.LINK topped $26, gaining 8.3% over the past 24 hours and erasing Tuesday's losses. It vastly outperformed most large-cap cryptos, including bitcoin's (BTC) modest 0.5% and ether's (ETH) 4% rebound during the same period.The crypto market benchmark CoinDesk 20 Index was up 1.5%.The token's relative strength underscores Chainlink's improving appeal to crypto investors as a key piece of infrastructure connecting traditional markets with blockchain rails, benefiting from accelerating institutional adoption.Sergey Nazarov, co-founder of Chainlink, said on Tuesday he met with U.S. Senator Tim Scott, Chairman of the Senate Banking Committee, leading the effort to bring the market structure bill...

While non-fungible token (NFT) sales may not carry the same heat they once did, the NFT arena has still tallied $71.55 billion in lifetime sales since 2017. Metrics also reveal that 64.78% of those sales came from Ethereum-based NFTs. Digital Collectibles Still Command Sales Volume, but the Sector Is Morphing During the 2017 bull run,Source link

ChatGPT now reaches 700 million users, but OpenAI’s CEO warns of an AI hype bubble as GPU shortages slow progress toward its next big model.Source link