Gekocrypto Crypto News

UNICEF launches fund for startups; NEObank offers security tokens Sonic Labs nears mainnet launch after completing airdrop snapshot Crypto Stocks Rally As Bitcoin Crosses 84K, BTC Mining Stocks Join The Rally Sonic Labs Teases Upcoming Public Launch of Its Layer-1 Blockchain DOJ Strikes Bitcoin Fog: The End of Darknet’s Most Elusive BTC Service BTC Hits New All-Time High, Surpassing $81,000, Analysts Declare Bitcoin Season Standard Chartered Predicts Solana to Outperform BTC, ETH, With New All-Time High Before 2025 Robert Kiyosaki Discloses Bitcoin Holdings — Plans to Buy More BTC at Any Price MicroStrategy buys 27,200 BTC worth over $2 billion; Bitcoin spikes above $84k Appeals Court Overturns Tornado Cash Sanctions

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UNICEF launches fund for startups; NEObank offers security tokens

Homepage > News > Business > UNICEF launches fund for startups; NEObank offers security tokens The United Nations Children’s Fund (UNICEF) has announced the launch of a fund to back startups building real-world solutions with emerging technology to protect children on the internet. According to an official announcement, the UNICEF Venture Fund is seeking firms to experiment with artificial intelligence (AI) and blockchain in its program countries. The solutions provided by the companies should have the “potential to create radical change for children.” The fund is particularly concerned with practical solutions that can help young individuals spot misinformation while building...

02.12.2024

Sonic Labs nears mainnet launch after completing airdrop snapshot

Sonic Labs achieves a major milestone with the creation of its genesis block, bringing it closer to the public mainnet launch. Photo: Box Mining Key Takeaways Sonic Labs completed its first block of transactions, marking progress toward its mainnet launch. Following the news, Fantom’s FTM token soared 20%, making Sonic Labs’ airdrop of 190.5 million $S tokens worth over $226 million. Sonic Labs announced its new blockchain produced its first block of transactions, marking a key step toward its mainnet launch. Genesis achieved. Block zero. Infrastructure deploying. Public soon. — Sonic Labs (prev. Fantom) 💥 (@0xSonicLabs) December 2, 2024 The...

02.12.2024

Crypto Stocks Rally As Bitcoin Crosses 84K, BTC Mining Stocks Join The Rally

Bitcoin (BTC-USD) reached a record high on Monday, trading just under $85,000 on Monday morning while pushing several stocks tied to the crypto trade and the post-election rally higher to start the week in the aftermath of the Trump victory. COIN, HOOD Record Impressive Gains Coinbase stock and shares of other crypto-related companies were rising Monday as investors turned bullish. Coinbase (COIN) was up more than 17% on Monday and has now skyrocketed about 70% in the past five trading sessions. Similarly, Robinhood (HOOD) also saw its stock rise more than 8% Monday and is now up more than 38%...

11.11.2024

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UNICEF launches fund for startups; NEObank offers security tokens

Sonic Labs nears mainnet launch after completing airdrop snapshot

Crypto Stocks Rally As Bitcoin Crosses 84K, BTC Mining Stocks Join The Rally

Sonic Labs Teases Upcoming Public Launch of Its Layer-1 Blockchain

Sonic Labs is launching its new blockchain, Sonic, in December 2024 . This blockchain is a Layer-1 network designed to address key problems in decentralized technology, such as high fees, slow transaction speeds, and limited scalability . Sonic’s advanced features aim to make blockchain technology more accessible for developers and users alike. By combining high-speed transactions, low costs, and seamless integration with Ethereum , Sonic promises to be a major improvement over many existing networks. “S” Token Airdrop Sonic Labs recently announced the completion of a “Snapshot” on December 2 . This will determine the allocation of its “S” tokens...

DOJ Strikes Bitcoin Fog: The End of Darknet’s Most Elusive BTC Service

A landmark sentencing has closed the chapter on Bitcoin Fog, the longest-running bitcoin mixing service on the darknet, with its operator facing over a decade in prison. The Fall of Bitcoin Fog: DOJ’s Pursuit Unmasks a Decade-Long Darknet Operation The U.S. Department of Justice (DOJ) announced Friday that Roman Sterlingov has been sentenced to prison for operating Bitcoin Fog, a BTC mixing service. The DOJ stated: A dual Russian-Swedish national was sentenced today to 12 years and six months in prison for his operation of the longest-running bitcoin money laundering service on the darknet. Evidence presented at trial revealed that...

BTC Hits New All-Time High, Surpassing $81,000, Analysts Declare Bitcoin Season

Over the weekend, Bitcoin reached a new record high of US$80,849 and then surged to US$81,474 despite a brief dip. The cryptocurrency’s recent 17.75% rally is largely attributed to Donald Trump’s re-election, favoured by the crypto community. Galaxy Digital predicts Bitcoin and other digital assets will soar past current highs, citing a shift in regulatory winds to a more supportive stance. Beyond Trump, analysts say Bitcoin has entered into maximum strength phase and declared this Bitcoin season. Over the weekend Bitcoin broke a number of records, hitting US$80k (AU$121.33k) for the first time ever, clocking in at US$80,849 (AU$122,629) on...

Standard Chartered Predicts Solana to Outperform BTC, ETH, With New All-Time High Before 2025

Geoff Kendrick of Standard Chartered had anticipated Bitcoin’s rise to US$80K before the election and now forecasts it reaching over US$100K before December 27. Kendrick suggests that Bitcoin’s surge will boost other cryptocurrencies, with Solana expected to outperform and likely hit a new all-time high before the year’s end. Kendrick also believes other crypto sectors, such as tokenisation, will thrive due to potentially friendlier regulatory stances. Bitcoin (BTC) broke all records shortly after Donald Trump won the US elections last week. The coin reached an all-time high of over US$75K (AU$113.8K) the day after but rapidly broke past US$81K (AU$129K),...

Robert Kiyosaki Discloses Bitcoin Holdings — Plans to Buy More BTC at Any Price

Robert Kiyosaki has revealed his bitcoin holdings and plans to buy more BTC over the next year, along with his investments in gold, silver, and real estate — assets he views as “real money” for building lasting wealth. Robert Kiyosaki Unveils Bitcoin Holdings, Shares His Approach to Gold, Silver, and BTC Robert Kiyosaki, the renowned author of Rich Dad Poor Dad, shared his perspective on building wealth through assets like bitcoin, gold, and silver on social media platform X Friday. Rich Dad Poor Dad, a 1997 book co-authored by Kiyosaki and Sharon Lechter, has earned global acclaim, spending over six...

MicroStrategy buys 27,200 BTC worth over $2 billion; Bitcoin spikes above $84k

New York City, New York, November 11th, 2024, Chainwire Polymer Labs has officially launched Polymer Hub, a real-time interoperability protocol for connecting all Ethereum rollups. By streaming messages, states, and logs over IBC primitives (equivalent to Web2’s TCP/IP), Polymer Hub verifies and stores the headers of all connected rollups, allowing applications to prove any arbitrary state across rollups at vastly reduced overhead. Rollup/L2 ecosystems have historically connected only within their own walled gardens; with Polymer, however, rollups can now communicate across ecosystems and coordinate as fast as they can produce blocks. The protocol offers significant improvements in cross-chain communication latency,...

Appeals Court Overturns Tornado Cash Sanctions

By Mark Hunter 1 week agoWed Nov 27 2024 10:11:25 Reading Time: 3 minutes The Fifth Circuit Court of Appeals has overturned sanctions imposed by the Treasury’s OFAC on Tornado Cash The court ruled that immutable crypto contracts are not “property” under the International Emergency Economic Powers Act (IEEPA) The decision underscores limits on government authority over decentralized blockchain technology In a stunning victory for freedom of speech advocates, the Fifth Circuit Court of Appeals has overturned sanctions imposed on Tornado Cash in August 2022. The Fifth Circuit yesterday ruled that immutable blockchain contracts cannot be classified as “property,” exceeding...