Co-founder of Solana Anatoly Jacobenko Facing backlash from the Crypto community is surrounding his comments on Meme Coins and fungible Tokens (NFTS). Yakovenko made these remarks against these tokens, despite his network being home to most of the top meme coins by market capitalization. Crypto Community responds to comments from Solana founder The Crypto community criticized Anatoly Jacobenko after him xPosthe explained Meme Coin NFT as a “digital slop” and something that has no intrinsic value. The founder of Solana added that, like the booty box of mobile games, people spend $150 billion a year on mobile games in connection…
Author: admin
Microsoft is reportedly in advanced talks with OpenAI for a new agreement that would give it ongoing access to the startup’s technology even if OpenAI achieves what it defines as AGI, or advanced general intelligence. If the deal goes through, it would clear a key hurdle in OpenAI’s transition toward becoming a fully commercial enterprise. The companies have been negotiating regularly, and they could come to an agreement in a few weeks, Bloomberg reports, citing three anonymous sources. The report cited some of the sources as saying that while the talks have been positive, other roadblocks could emerge in the…
Zug, Switzerland, July 29, 2025, Chainwire A pioneering blockchain infrastructure provider, Ika has officially launched the mainnet and marks a key milestone in blockchain interoperability. The launch will introduce the first ever Zero Trust Multi-Party Computing (MPC) network that allows native cross-chain asset control directly from smart contracts on SUI blockchain. IKA’s protocol allows SUI-based smart contracts to manage their native assets safely and seamlessly on many blockchains, including Bitcoin, Ethereum, Modern L1, and L2, without relying on bridges, token wrapping, or trusted third parties. This breakthrough eliminates common risks associated with cross-chain solutions, such as bridging protocols and wrap…
Key Takeaways BitMine has authorized a $1 billion stock repurchase program following board approval. The firm holds significant Ethereum and Bitcoin reserves, with its Ethereum holdings valued at $2.35 billion. Share this article Ethereum treasury company BitMine Immersion Technologies (BMNR), backed by billionaire Peter Thiel and Cathie Wood’s ARK Invest, announced Tuesday that its Board of Directors has authorized a stock repurchase program of up to $1 billion, allowing the company to buy back common shares through open market purchases and negotiated deals.Thomas “Tom” Lee, Chairman of BitMine and founder and CIO of Fundstrat, said the move is part of…
Mill City Venture has thrown $450 million to make SUI a major financial asset. This type of capital injection is rare in the crypto world, especially from companies registered with NASDAQ, which are transformed from traditional finance to digital assets. What makes it even more interesting is their almost bet on SUI, with 98% of the funds allocated to tokens.SUI Price Prediction: What do you say about the chart?SUI/USD Daily Chart- TradingViewSUI Price recently surpassed its major resistance of nearly $3.85 and tagged a Bollinger band that was nearly $4.35. The movement was followed by a short pullback, but the…
Key Takeaways The SEC has extended its review of the Grayscale Solana Trust ETF to October 10, 2025. Invesco and Galaxy Digital filed a joint application for a competing Solana ETF. Share this article The US Securities and Exchange Commission (SEC) has extended the review period for the proposed Grayscale Solana Trust ETF, delaying a final decision until October 10, 2025. The delay gives the agency additional time to assess the rule change needed to list the fund on NYSE Arca, according to the official filing.Grayscale first submitted its proposal in January 2025, later amending it in February. The SEC…
ARO Network has set aside $2.1 million in pre-seed funds to accelerate its mission to build a distributed edge cloud built for peer-to-peer content delivery and AI computing. The round was led by Nolimit Holdings and diversified capital, accompanied by escape speed, maelstroms and participation from strategic angels. Redefine the edge of the AI era ARO networks are smart, distributed edge clouds driven by people, not data centers. Change the bandwidth of the idle internet, calculate it into a scalable peer-to-peer CDN (PCDN), and deliver content at the edge with latency and cost. The models and technologies that underpin the…
Key Takeaways Galaxy Digital moved 3,782 BTC, worth $447 million, to exchanges within 12 hours. The transfers have raised concerns of potential selling pressure and heightened market volatility. Share this article Galaxy Digital sent 3,782 Bitcoin (BTC) worth around $447 million to crypto exchanges over the past 12 hours, according to Arkham Intelligence data, igniting fresh speculation about a major sell-off. Is #GalaxyDigital helping clients sell $BTC again? In the past 12 hours, GalaxyDigital has transferred out another 3,782 $BTC($447M), most of which went to exchanges.https://t.co/lD8tgkBx00https://t.co/u8s0VjLG5p pic.twitter.com/4wqf8DZx2y — Lookonchain (@lookonchain) July 29, 2025The transfer follows Galaxy Digital’s sale of over…
A fresh billion in USDT: What happened?According to the On-Chain Tracker Whale Alert, the $1,001,300,000 worth of USDT was just cast in Tether Treasury, which set up Crypto Twitter flames.This kind of large mint is not uncommon, but it always raises doubts. Is that a sign of an institutional influx? Preparing for market volatility? Or just internal fluidity management?Why mint more USDT?Stablecoins like USDT are cast when demand is predicted or confirmed. There are a number of reasons why $Tether might mint $1 billion in USDT:Institutional Demand: Large players may be ready to enter the market or rebalance their holdings.…
Bitcoin prices hold a support zone of $117,250. The BTC is integrated and needs to clear the $118,500 resistance zone and gain bullish momentum in the short term. Bitcoin has begun its drawback corrections below the $118,500 zone. The price trades a simple moving average of nearly $118,000 and 100 hours. On the hourly chart of the BTC/USD pair (data feed from Kraken), there is a bearish trend line where resistance forms at $118,200. Clearing the $118,500 resistance zone could cause the pair to start another increase. Bitcoin price eye rise break Bitcoin prices have begun a new increase beyond…