SingularityNET and Mina Foundation joined forces to enhance decentralized AI using zero-knowledge proofs for secure, privacy-preserving innovations. SingularityNET, a decentralized artificial intelligence platform, has joined forces with the Mina Foundation, a nonprofit behind the privacy-focused Mina Protocol, to advance decentralized AI through zero-knowledge (ZK) technology. The partnership aims to develop secure, decentralized artificial general intelligence...Continue Reading

Hong Kong’s move to exempt crypto gains from taxes targets hedge funds and family offices in a bid to boost its competitiveness. Hong Kong has proposed exempting cryptocurrency gains from taxes for hedge funds, private equity and family investment vehicles to strengthen its position as a leading crypto financial hub. The proposal, currently open for...Continue Reading

Layer 2s could be “cannibalistic” for Ether’s price potential, despite their scalability benefits, according to industry watchers. The Ethereum ecosystem is seeing increasing value growth, showing growing investor interest in Ethereum-native assets. Ethereum layer-2 (L2) networks have reached a new all-time high of over $51.5 billion in cumulative total value locked (TVL). This marks an...Continue Reading

XT.com has issued a statement acknowledging an “abnormal transfer of platform wallet assets” but hasn’t confirmed the $1.7 million hack yet. XT.com, a cryptocurrency exchange trading $3.4 million daily, has suspended all withdrawals on its trading platform following an alleged $1.7 million hack. XT.com has suspended all cryptocurrency withdrawals, citing “wallet upgrade and maintenance” on...Continue Reading

Former Minister John Baker takes an advisory role at Bitcoin-focused Axiom, with conditions to ensure fair governance. An advisory committee of the United Kingdom approved a former high-ranking minister to take up a paid advisory role at Bitcoin-native venture capital firm Axiom after a satisfactory background assessment. According to a government record published on Nov....Continue Reading

India’s crypto community has shown resilience to harsh taxation requirements, with its crypto ecosystem gaining momentum, although not at its full potential. Cryptocurrency adoption has been thriving in India despite the government implementing “discouraging” crypto trading taxes, according to the local community. India, the biggest global economy in terms of crypto adoption, according to Chainalysis,...Continue Reading

Learn how MemeFi combines gaming and memecoin fandom on Telegram, offering engaging battles, rewards and player-driven governance. MemeFi is a tap-to-earn game on Telegram that fuses meme culture, entertainment and financial incentives. It combines the simplicity of tapping with the opportunity to win rewards.  Intended to be launched on Ethereum’s Linea layer 2, MemeFi was...Continue Reading

The Russian Federation Council’s approval of the new crypto taxation regime comes amid Bitcoin hitting all-time highs against Russia’s national currency, the ruble. The Russian government is rushing to enforce new cryptocurrency taxes as Bitcoin smashes all-time highs against Russia’s national currency, the ruble. Russia’s Federation Council, the country’s upper house of parliament, has approved...Continue Reading

The latest Bitcoin price pullback toward $90,000 was likely a buy-the-dip opportunity and in line with previous bull markets, several key market metrics suggest.  Bitcoin (BTC) latest rebound from the Nov. 26 local low of $90,742 has seen it reclaim $95,000. The recovery has also been witnessed across the broader cryptocurrency market, with the total...Continue Reading

Bitwise’s 10 Crypto Index Fund was launched in November 2017, with the bulk of the index fund comprised of Bitcoin and Ether.  Digital asset manager Bitwise has submitted an application for an exchange-traded fund (ETF) based on its existing 10 Crypto Index Fund (BITW). New York Stock Exchange (NYSE) Arca filed to list the Bitwise...Continue Reading