Bitcoin Network Surpasses Ronin in All-time NFTs Sale
According to data from CryptoSlam, the Bitcoin network has surpassed the Ronin blockchain in the all-time sale ranking of nonfungible tokens (NFTs). On June 18, CryptoSlam, an NFT data tracker, revealed that Bitcoin-based NFTs had achieved an all-time sales volume of $4,271,928,280. This surpasses the Ronin blockchain’s record of $4,271,675,550, propelling Bitcoin into the top […]
TikTok to Have AI-powered Digital Avatars in Ads Soon
AI-powered digital avatars that brands can create to say virtually anything to promote their product could soon be a common sight on TikTok owing to a new tool. On June 17, TikTok disclosed that it would enlarge its Symphony ad suite to include “stock avatars” and an “AI dubbing” feature that it claims will assist […]
Ripple CEO’s Pro-Crypto Funding Comment Sparks Discussions
Ripple CEO Brad Garlinghouse’s comments regarding the U.S. presidential election predicting a substantial increase in crypto funding has sparked discussions. Brad Garlinghouse, a prominent proponent of blockchain and crypto technology, underscored that political candidates will increasingly align with pro-crypto positions to secure votes. He stated in a recent post on X, Candidates will only gain […]
Uphold Exchange to Delist USDT, 5 Other Stablecoins by July 1
Uphold crypto exchange has notified its European users that the platform will cease supporting six prominent stablecoins on July 1 in compliance with MiCA regulations. To comply with the European crypto regulations known as Markets in Crypto-Assets (MiCA) new stablecoin framework, crypto exchanges are delisting these stablecoins. Tether, Dai, Frax Protocol (FRAX), Gemini dollar (GUSD), […]
Nate Geraci Labels Ethereum ETF Approval Process Political
Nate Geraci, the president of The ETF Store, criticized mainstream media outlets’ coverage of the Ethereum (ETH) ETF approval process, alleging political motives. Nate Geraci underscored a significant shift toward politicization in regulatory decision-making, expressing frustration over what he perceives as mismanaging the ETF approval coverage. He cited Grayscale’s successful negotiation of the regulatory landscape […]