NFT royalties act as an important gauge of incoming revenues to fund ongoing development of various projects in the ecosystem. Royalties earned by nonfungible token (NFT) projects have reached their lowest point in two years, according to a report from blockchain analytics firm Nansen. Data shared with Cointelegraph highlights the low point for NFT royalties...Continue Reading

Outlier Ventures exec Gvantsa Chkuaseli said there are reasons to stay optimistic, and challenging conditions haven’t stamped out interest. As crypto prices remain at lower levels, venture capital (VC) funding also recorded one of its worst quarters since 2021. Despite this, executives in the space remain optimistic about the industry’s long-term potential.  Crypto data platform...Continue Reading

The United Arab Emirates’ combined Bitcoin mining capacity is estimated to be around 400 megawatts or 4% of Bitcon’s global hash rate. The United Arab Emirates (UAE) is gradually solidifying its status as a go-to Bitcoin (BTC) mining destination in the Middle East. The country has established itself as a pro-Web3 destination for crypto-focused companies...Continue Reading

Bitcoin bulls are stampeding past the top of the range, but there is already a risk that BTC price is forming a “predatory range.” Bitcoin (BTC) reached new 2023 highs on July 6 as a fresh bounce off key support buoyed bulls. BTC/USD 1-day chart. Source: TradingView Bitcoin analyst warns of “predatory range” Data from...Continue Reading

Cryptocurrency exchange Binance continues upgrading its wallet infrastructure, which requires affected users to get new wallet addresses. Binance cryptocurrency exchange is preparing for another upgrade of its wallet infrastructure, warning users about the upcoming address migration. On July 6, Binance officially announced that it will be retiring selected deposit addresses in batches as part of...Continue Reading

The bill would also level up crypto bonuses with employee stock options by reducing the current 50% tax to 25%. Foreign residents of Israel could get an exemption from capital gains taxes on the sale of digital currencies. A bill granting the exemption and other tax benefits for digital assets holders passed through a preliminary...Continue Reading

Explore the top dog-inspired cryptocurrencies and their hidden potential behind cute memes. Barking with community-driven enthusiasm and bone-rattling potential, dog-themed coins are forming a pack on the stage of emerging digital assets. In recent years, the cryptocurrency world has witnessed a surge in the popularity of dog-themed digital assets. These endearing tokens, which drew inspiration...Continue Reading

OpenAI says it’s planning to create a team to help manage the risks that could come from a superintelligent AI system that it expects to arrive within the decade. The team behind the popular artificial intelligence (AI) chatbot ChatGPT, says it will be forming a team to rein in and manage the risks of superintelligent...Continue Reading

Crypto exchange Binance said its “hardcore” work culture could explain some of the results, while recruiters warn the data should be taken with a grain of salt. Crypto exchanges including Gemini, Binance and Coinbase are home to some of the least happy employees in the industry, according to data derived from Glassdoor — though some...Continue Reading

During a Twitter Space on July 5, Binance CEO Changpeng Zhao delivered his forecast for the next Bitcoin bull run. Binance CEO Changpeng Zhao has delivered his prediction for the next Bitcoin (BTC) bull market. Speaking in a July 5, “ask me anything” session on Twitter, CZ explained how the price of Bitcoin has historically...Continue Reading