The ORDI token, which was not developed by the creator of Bitcoin Ordinals, has surged by 41% in the past 24 hours. Ordinals, a BRC-20 token collection minted on the Bitcoin blockchain, have surged by 40.8% in the past 24 hours to $10.19 after listing on crypto exchange Binance. According to Binance’s Nov. 7 announcement, traders...Continue Reading

The original SimpDAO queen Irene Zhao says making good memes is harder than trading as you need to understand the market and the audience. Who is this person anyway? Irene Zhao, the Simp-Queen mastermind behind the SO-COL platform and a Crypto Twitter influencer, explains that having a celebrity in your corner can turbocharge your NFT...Continue Reading

No matter their specialization, agencies have a unique power to shape the trajectory of Web3 adoption and elevate the realm of digital assets. In the rapidly evolving world of NFTs and digital collectibles, agencies are poised to play a pivotal role. Whether they specialize in marketing, branding, talent management or focus solely on NFT creation,...Continue Reading

Custodia Bank’s launch of Bitcoin custody follows a series of regulatory challenges the firm faced earlier this year. Custodia Bank, a cryptocurrency-friendly bank founded by Bitcoin (BTC) advocate Caitlin Long, has launched its Bitcoin custody platform. The firm took to X (formerly Twitter) on Nov. 7 to announce the launch of Custodia Bank’s Bitcoin custody...Continue Reading

Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real hope of rehabilitation. Lawyers handling the FTX bankruptcy case are considering offers that could eventually lead to a relaunch of the troubled exchange. At an Oct. 24 hearing of the United States Bankruptcy Court...Continue Reading

The highest Bitcoin open interest levels in over six months come as analysis predicts that BTC price action will fail to flip $36,000 this week. Bitcoin (BTC) fell toward $34,500 on Nov. 7 as analysts’ attention turned to mushrooming open interest. BTC/USD 1-hour chart. Source: TradingView Open interest “surge” spooks Bitcoin pundits Data from Cointelegraph...Continue Reading

The executive order on AI safety from the Biden administration has laid out its standards for the industry. However, its vagueness has raised concerns among the AI community over stifling innovation. Last week the administration of United States President Joe Biden issued a lengthy executive order intended to protect citizens, government agencies and companies through ensuring...Continue Reading

Io.net’s recently developed decentralized physical infrastructure network has moved into its beta phase, allowing GPU computing providers to plug into the platform. Over 100,000 GPUs from data centers and private clusters are set to plug into a new decentralized physical infrastructure network (DePIN) beta launched by io.net. As Cointelegraph previously reported, the startup has developed...Continue Reading

The company will provide an AI toolset for game developers to improve scripts, dialogue trees and quests inside games. Gaming console Xbox is tapping into artificial intelligence (AI) with a new partnership intending to boost game creators by integrating generative AI into their game creation toolkits.  In a blog post, Xbox general manager of gaming...Continue Reading

Deepa Raja Carbon told Cointelegraph that VARA took a collaborative approach by consulting stakeholders, legislators and the general public to develop its virtual asset regulatory guidelines. The Virtual Assets Regulatory Authority (VARA) is one of the earliest regulatory bodies to release comprehensive crypto assets regulations to promote crypto-related activities in Dubai. Established in March 2022,...Continue Reading