Gekocrypto Crypto News

SEC sues BitClout founder Nader Al-Naji with fraud Google and Coinbase vets raise $5 million to build Icebreaker, blockchain’s answer to LinkedIn BlockDAG’s $62.8M Presale Boom, Signs of HBAR’s Revival, & STX’s Price Growth 3 Ways the Intersection of AI and Blockchain Will Change the Future of Your Business Hamster Kombat’s Whitepaper Promises Major 60% Token Allocation to Players Avalanche crypto watch – Blockchain scores a win with California’s DMV! Chainalysis CEO Michael Gronager Exits the Company He Co-Founded How to (and should you?) invest in cryptocurrency $3 Billion in Bitcoin and Ethereum Options Expiring Today, Market Brace For Volatility Ken Griffin says crypto is exploding right now because more people want to have ‘agency’ in their lives

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SEC sues BitClout founder Nader Al-Naji with fraud

VALR’s Solana Summer runs from August 1st to September 31st with 300 SOL in rewards. Daily, one participant wins 1 SOL; the top 5 traders share a final pool of 100 SOL. The event includes major in-person activities, podcasts, and online events with notable Solana figures. VALR is set to captivate the crypto community with its upcoming Solana Summer event, running from August 1st to September 31st, 2024. The event promises to be a major draw for traders with its substantial prize pool of 300 SOL and various lucky airdrops throughout the campaign. The Solana Summer event on VALR The...

30.07.2024

Google and Coinbase vets raise $5 million to build Icebreaker, blockchain’s answer to LinkedIn

Icebreaker—think LinkedIn but on a blockchain—announced on Wednesday it has secured $5 million in seed funding. CoinFund led the raise, with participation from Accomplice, Anagram, and Legion Capital, among others. The company, which is valued at $21 million, wants to become the world’s first open-source network for professional connections. Its cofounders, Dan Stone and Jack Dillé, hail from Google and Coinbase; Stone was a product manager at the crypto giant and also the cocreator of Google’s largest cross-identity measurement and marketing platform, and Dillé was a design lead for Google Workspace. The pair founded Icebreaker on the joint belief that...

31.07.2024

BlockDAG’s $62.8M Presale Boom, Signs of HBAR’s Revival, & STX’s Price Growth

BlockDAG Sees Sales Spike After CGI Video Goes Viral; Market Diverts Focus from Hedera (HBAR) Decline to Rising Stacks (STX) BlockDAG is stirring significant interest in the cryptocurrency landscape with its recent CGI video that flaunts its advanced technology. This video illustrates BlockDAG’s innovative integration of blockchain security with Directed Acyclic Graph (DAG) technology, boosting transaction speeds and enhancing network performance. Distinct from conventional blockchains, BlockDAG ‘s architecture enables each block to link to several preceding nodes, which markedly accelerates transaction times, setting BlockDAG as a frontrunner and drawing significant investor interest. Although Hedera (HBAR) and Stacks (STX) hold promise,...

30.07.2024

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SEC sues BitClout founder Nader Al-Naji with fraud

Google and Coinbase vets raise $5 million to build Icebreaker, blockchain’s answer to LinkedIn

BlockDAG’s $62.8M Presale Boom, Signs of HBAR’s Revival, & STX’s Price Growth

3 Ways the Intersection of AI and Blockchain Will Change the Future of Your Business

Opinions expressed by Entrepreneur contributors are their own. AI and blockchain are complementary forms of technology that have, as readers are likely aware, gained stunning momentum in recent years. Over the course of just last year, the former has found expansive application across the business landscape: According to a survey from UKG from late 2023, no less than 78% of executives reported that their companies were using artificial intelligence. A further 71% considered AI to be a medium to high priority for their businesses, and 62% thought they were not adopting such solutions fast enough. Second, we have blockchain technology....

Hamster Kombat’s Whitepaper Promises Major 60% Token Allocation to Players

Hamster Kombat has unveiled its whitepaper, revealing plans for a native token airdrop among other exciting goals. Over half (60%) of the HMSTR token airdrop will be distributed to current Hamster Kombat players, with the rest used for liquidity and collaborations. Additionally, the airdrop will help facilitate the creation of the Hamster Foundation, a team used to support the development of Hamster Kombat and its broader ecosystem. Ultimately, Hamster Kombat wants to transform into a game publishing platform, rather than remain a one-hit-wonder. Hamster Kombat is this year’s crypto phenomenon. The GameFi behemoth went live on the Toncoin blockchain in...

Avalanche crypto watch – Blockchain scores a win with California’s DMV!

contributor California’s Department of Motor Vehicles (DMV) has successfully digitized over 42 million car titles using the Avalanche blockchain. This ambitious project aims to simplify and streamline the title transfer process, significantly reducing the risk of fraud and cutting down the necessity for physical visits to the DMV. Initiated in collaboration with Oxhead Alpha, the project leverages the robust capabilities of the Avalanche network to bring about a more efficient and secure system for managing car titles. The digitization of car titles is a transformative step for the DMV. By using blockchain technology, the process of transferring car titles is...

Chainalysis CEO Michael Gronager Exits the Company He Co-Founded

Michael Gronager has left Chainalysis, the blockchain forensics company he co-founded in 2014. Gronager, who was also the CEO and public face of the New York City-based company, also gave up his board seat but retains his equity in the company. With Bitcoin breaking $100,000 this week, mainstream financial institutions introducing crypto products such as exchange-traded funds, and the incoming Trump administration stacked with crypto-friendly cabinet picks, it stands to reason that Chainalysis will become more valuable as demand for its services increases. Steering the company into that future will fall to co-founder Jonathan Levin, who has been named the...

How to (and should you?) invest in cryptocurrency

Photo: CFOTO / NurPhoto via AFP News this week that Bitcoin has crossed the US$100,000 threshold may have you wondering whether you should be investing in cryptocurrency. Since Bitcoin launched in 2009, it and other cryptocurrencies have developed a following of die-hard proponents - but also attracted the attention of speculators and investors. James Quinn-Kumar, director of community engagement for Binance Australia and New Zealand, said this week was a landmark moment. "Bitcoin surpassing US$100,000 marks a momentous shift in the global financial landscape. In just under 16 years Bitcoin has become one of the top assets in the world,...

$3 Billion in Bitcoin and Ethereum Options Expiring Today, Market Brace For Volatility

The crypto market is bracing for a potentially wild day as $3 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts are set to expire today. These expirations are known for sparking sudden price swings, and traders are already on edge. Bitcoin has dropped nearly 5% in a single day, falling from its all-time high to $98K, while Ethereum has slipped to $3,890. But what happens next? Bitcoin Faces Big Expirations: Tension Builds Data from Deribit shows that 23,481 Bitcoin options contracts, worth about $2.29 billion, are expiring today. The put-to-call ratio for Bitcoin is 1.11, suggesting a slightly...

Ken Griffin says crypto is exploding right now because more people want to have ‘agency’ in their lives

Citadel CEO Ken Griffin says it was a “mistake” not to buy crypto sooner, but that doesn’t mean he’s suddenly a fan of Bitcoin. “Of course, I wish I bought something that trades at 100 times the price it traded at a few years ago,” the billionaire investor told Andrew Ross Sorkin during the New York Times DealBook Summit 2024. “We all have FOMO. It’s just universal, it’s part of human psychology.” The conversation took place the same day Bitcoin surpassed $100,000 for the first time. The cryptocurrency has surged following President-elect Donald Trump’s election win and subsequent announcements about...