Optimism offloads $90M worth of tokens in private deal

Optimism also sold 116 million OP tokens in another private sale held back in September 2023. Optimism Foundation — the organization behind the Ethereum layer-2 blockchain Optimism — announced it had conducted a private sale of about 19.5 million of its governance tokens.  Optimism (OP) tokens are worth about $4.62 on the market, making the […]

India earmarks $1.25B to boost growth of AI

Through the IndiaAI Mission, India aims to democratize access to computing power and support nationwide AI development. India’s supreme decision-making body, the Union Cabinet, has approved the “IndiaAI Mission” with an initial budget of 10,300 crore rupees ($1.24 billion). The drive aims to support artificial intelligence (AI) startups and innovations over the next five years.  […]

Bitcoin’s hash rate hits record high after difficulty drop

Quick Take Bitcoin’s hash rate, an indicator of the computational power used for mining and processing transactions, has recently achieved a historic high. The 14-day moving average hash rate now stands at an unparalleled 586 eh/s, further enhancing the digital assets security. While the one-day hash rate peak of 711 eh/s on March 7 stands […]

Ripple vs SEC Update: A New Chapter in the XRP Security Saga?

The post Ripple vs SEC Update: A New Chapter in the XRP Security Saga? appeared first on Coinpedia Fintech News In a recent X post, a pseudonymous crypto researcher known as Dark Horse ignited a debate regarding the legal standing of XRP. He argues that Judge Torres has not categorically labeled XRP as a security […]

Sponge Meme Coin Hits New Price Milestone After 50% Pump

The post Sponge Meme Coin Hits New Price Milestone After 50% Pump appeared first on Coinpedia Fintech News Through a monumental display of community support, Sponge has soared over 50% in a day, absorbing a $100 million market cap and levitating into meme coin stardom. However, with the five leading meme coins boasting over $1 […]

dogwifhat (WIF) Price Hits A New All-time High! What’s Next For WIF?

The post dogwifhat (WIF) Price Hits A New All-time High! What’s Next For WIF? appeared first on Coinpedia Fintech News The newest memecoin of the Solana ecosystem continues to display a sensational price pump by adding significant value to its portfolio over the past few weeks. With the present market sentiments, investors consider it the […]