Business

George Town, Cayman Islands, 20 January 2025, Pakinomist Sonic Labs, the team behind the highest performing EVM L1 blockchain Sonic, announced the launch of the Sonic DeFAI Hackathon in partnership with DoraHacks, a global hackathon organizer, and Zerebro, an autonomous AI agent. With $250,000 in prizes, the hackathon invites participants to compete over four weeks […]

Circle, the crypto firm behind the $48 billion USDC stablecoin, said on Tuesday that it has acquired tokenized real-world asset (RWA) issuer Hashnote. The companies closed the deal this morning, a Circle spokesperson told CoinDesk, and was announced in Davos, Switzerland during the annual World Economic Forum meeting. The companies did not disclose pricing information.

Pakinomist – In a recent tweet, cryptocurrency investor, trader and entrepreneur Willy Woo shared his take on the prospects of creating the US National Reserve and why the new US President did not sign any orders on it on his first day in the White House House. Woo has warned that building a strategic Bitcoin

Crypto issuers certainly seem to believe that anything is possible now that Donald Trump is in office. Exchange-traded fund issuer Rex Shares and crypto-asset manager Osprey Funds filed for several crypto-focused exchange-traded funds (ETFs), including a Trump ETF, on Tuesday, according to a filing with the Securities and Exchange Commission (SEC) on Tuesday. The ETF

Pakinomist – 59-year-old Scottie Pippen, former NBA basketball player, has tweeted an ultra-bullish price prediction. He also commented on BTC’s current price, calling it “dirt cheap.” “$10 million price per BTC is not a dream, it’s destiny” Pippen tweeted to respond to those who believe Bitcoin has become too expensive to buy after rising above

Smart Valor, a crypto exchange and AI-led investment firm, is exploring a possible sale of all or part of its business. The Zug, Switzerland-based company is conducting a strategic review after receiving a number of inquiries from major global exchanges, crypto platforms and traditional financial institutions (TradFi) including banks and trading platforms, CEO and co-founder

SINGAPORE, Singapore, 21 January 2025, Pakinomist RabitiAI is entering the AI ​​landscape with a focus on simplifying the technology and making it more accessible. As artificial intelligence continues to expand its role in everyday life, it often presents challenges alongside its potential. Many AI tools today are complex and lack the adaptability needed to meet

CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3890.01, down 0.4% (-15.92) since 4 PM ET Monday. Ten out of 20 assets are trading higher. Leaders: DOT (+1.9%) and POL (+1.5%). Lagging behind: ADA (-3.2%) and HBAR

Pakinomist — Binance, the global cryptocurrency exchange, has announced that its users have saved approximately $1.75 billion in remittance fees by using its platform for user-to-user crypto transfers. From 2022 to 2024, Binance facilitated $26 billion in these transactions, highlighting the cost-effectiveness of cryptocurrency for international money transfers. Remittances play a significant role in the

KULR (KULR), a maker of advanced energy management systems, said it spent $8 million on bitcoin (BTC) to bring its total holdings to 510 tokens. At a weighted average price of $101,695, that equates to nearly 79 bitcoin and means the company’s total investment is now $50 million. The purchase follows the Houston, Texas-based company’s