Author: CryptoHoppers

Share this article The AI-inspired meme coin called SLOP surged an astonishing 56,000% within just 24 hours of its creation, according to Dexscreener data.The story of SLOP begins with an artificial intelligence agent named Namshub, created by developer Fabian Stelzer, the founder of Glif, an AI bot platform funded by Andreessen Horowitz.Stelzer built Namshub to test Glif’s capabilities in creating unique generative art and engaging memes based on research.During its exploration, Namshub encountered another AI agent called Truth Terminal, which had gained notoriety for amassing a crypto fortune after receiving a grant from Marc Andreessen and investing in a meme…

European sanctions against Russia are impacting small European exporters, particularly in Italy, more severely than Russia itself, according to Ferdinando Pelazzo, president of the Italian-Russian Chamber of Commerce. Small and medium-sized enterprises (SMEs) are struggling with disrupted payment systems and logistical challenges due to the sanctions. Italian businesses heavily reliant on Russian markets now face […] Source link

South Korean tech giant Samsung is doubling down on blockchain to enhance protection across its AI home appliances. Samsung is set to expand its use of blockchain, unveiling plans to boost security across its artificial intelligence home appliances. In a blog post on Monday, Oct. 21, Samsung outlined that the new initiative extends the existing Knox Matrix framework, previously used on mobile devices and TVs, to a broader range of home appliances. The framework uses a private blockchain to create a “Trust Chain” that allows interconnected devices to monitor each other for security threats, alerting users if issues arise. “Based…

Key Takeaways Bitcoin’s ascent over $69,000 marks a new high, influencing a broad market rally. The rally is driven by heightened institutional interest and positive regulatory developments. Share this article Bitcoin is back in the spotlight after breaking past $69,000 on Sunday. The latest rally has ignited a broad-based rally across the crypto market with altcoins moving higher over the last 24 hours.The flagship crypto has risen almost 2% in a day, now trading at around $69,400, CoinGecko data shows. It seems poised to hit $70,000 amid ongoing market optimism as the Crypto Fear & Greed Index, which analyzes market…

Before bitcoin’s fourth halving, the crypto asset soared to a peak of $73,794 on March 14, as recorded on Bitstamp. During the period from March 10 to April 10, bitcoin’s hashprice—representing the estimated daily earnings for 1 petahash per second (PH/s)—fluctuated between $105 and $125 per PH/s. Fast forward to this week, and as BTC […] Source link

As cryptocurrencies continue to become popular, crypto affiliate networks have become a fascinating source of passive income. These initiatives let people and influencers market crypto-related products, services, or platforms and get paid back. Several top platforms have changed their affiliate programs for 2024 to provide more rich benefits, improved support, and simpler access points. These programs offer an excellent opportunity to monetize your online presence regardless of your experience level as an affiliate marketer or whether you are just starting out. The best crypto affiliate programs of 2024 are listed below. 1. SUP Miner – Cloud Mining Affiliate Program with…

Key Takeaways ECB officials argue Bitcoin’s rise redistributes wealth from latecomers to early adopters. The report urges non-holders to advocate for legislation against Bitcoin to protect their wealth. Share this article Those who have been late to Bitcoin or don’t own the coin have good reasons to oppose it and advocate legislation to protect themselves from its negative consequences of wealth redistribution, according to a recent analysis authored by ECB officials Ulrich Bindseil and Jürgen Schaff.The authors, who said Bitcoin’s February price rally was driven by price manipulation in an earlier report, claim Bitcoin has shifted from its original vision…

Venture capital (VC) investment in crypto and blockchain startups decreased in the third quarter of 2024. This decline is partly attributed to the growing popularity of bitcoin exchange-traded funds, which offer an alternative way for investors to gain exposure to the crypto sector. U.S.-based companies dominate VC deals in the crypto space, followed by Singapore, […] Source link

BlackRock’s Bitcoin ETF received more than $1.05 billion in the past five trading days as investors continue to show more interest in the spot products. BlackRock’s Chief Investment Officer of ETFs, Samara Cohen, confirmed that out of the 80% of direct investors purchasing IBIT, only 5% had owned an iShare, believing there was so much pent-up demand for Bitcoin. BlackRock has long been the major receiver of investor funds among all other ETF providers. In the last five days, it received roughly 50% of the earned net inflows, attracting over $393 million on October 16 alone. Crypto fans flock to…

DBS Bank, the largest bank in Singapore, has rolled out DBS Token Services, a suite of blockchain-powered solutions designed specifically for institutional clients. This initiative marks a significant step in enhancing banking functionality through tokenization and smart contracts, allowing for real-time payments 24/7.A big initiative do you think the banking dip in crypto will pump the blockchain industry? Let’s understand the core features. Key Features of DBS Token ServicesDBS’s Treasury Tokens, recently piloted with Ant International, enhance treasury and liquidity management for large corporations. This solution enables instant multi-currency intra-group transactions, eliminating the limitations of traditional banking hours and offering corporate…