This decentralized data storage Altcoin could explode by over 1,700% as AI economy booms

By Mark Emem BitMEX co-founder Arthur Hayes is expressing bullish sentiment on a decentralized data storage crypto project on the grounds that demand for censorship-resistant artificial intelligence (AI) infrastructure is bound to grow. Hayes says in a new blog post that AI technology “craves decentralization” for the two things that it requires – compute power and cloud…

Building Strong Foundations: Kwakol Market Academy’s Educational Resources Transform Beginners into Investors

Nigeria-based, global multi-asset broker Kwakol Markets, which won the ‘Most Innovative Broker – Africa’ at the UF AWARDS MEA 2023, has extended its innovative approach into providing lifelong educational resources, transforming beginners into investors while offering more experienced traders a Telegram community to discuss market trends and strategies. The world of trading and investing can…

Here’s Why Crypto Prices Are Bearish in October, Traders Divest Into These 3 New Cryptocurrencies

Crypto prices are pulling lower on Monday as jitters surrounding the escalating Israel/Palestine conflict and its potential to spill over to major oil-producing regional neighbors like Iran send oil prices higher, raising inflation fears. Bitcoin (BTC) was last trading close to $27,500, down over 1.5% on Monday, while Ether (ETH) was trading down more than…

Exclusive: Reserve Bank of Australia’s Approach Towards Issuing eAUD is “Multifaceted,” Says Canvas Head David Lavecky

A recent report from the U.S.-based Atlantic Council think tank revealed that a total of 130 countries are now exploring central bank-issued digital currencies (CBDCs). Over half of those are already in advanced development, pilot or launch phases. However, when it comes to Australia, the process of issuing the digital version of Aussie dollars (eAUD)…

Finding Your Ideal P2P NFT Lending Platform: In Depth Comparison

NFT lending protocols are rapidly developing with the aim to increase capital efficiency. With the increase and diversity of NFT assets, the market is continually expanding, propelling the emergence of new products and escalating market competition. At present, NFT lending is booming with smart contracts facilitating asset lending and interest rate determination, providing users with…

Yuga Labs Restructures Amid Transition to Metaverse Development

Yuga Labs, the venture-capital-backed startup renowned for creating the Bored Ape Yacht Club and CryptoPunks NFT collections, has initiated a substantial restructuring process.   The process includes an undisclosed number of layoffs primarily impacting the US-based teams, although the firm will continue to retain over 120 employees post-restructuring. This announcement was shared with the staff through…