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Chibi Clash Launches Kingdoms Alliance Competition

[PRESS RELEASE – Vancouver, Canada, July 3rd, 2024] Chibi Clash, a fantasy web3 gaming universe, has unveiled its Kingdoms Alliance Event, running from July 2nd to July 22nd, allowing players to compete for rewards. This event marks a collaborative effort among 21 partner projects within the Chibi Clash ecosystem, including AI Arena, Apeiron, Pixelmon, Pirate […]

Astar Foundation Announces Massive Token Burn: 350M ASTR

[PRESS RELEASE – Tokyo, Japan, July 2nd, 2024] The community has spoken, Astar Foundation, the lead organization overseeing development of Astar Network, has announced a token burn. 5% of the ASTR genesis allocation will be burned, permanently removing these tokens from circulation. The token burn, comprising 350M ASTR tokens, has been confirmed following a governance […]

Northern Data, European Bitcoin Miner, Explores IPO for US AI Unit (Report)

Northern Data AG, a German firm specializing in high-performance computing infrastructure, is evaluating the possibility of launching a U.S. initial public offering (IPO) for its AI cloud computing and data center units. The potential valuation for this IPO could reach as high as $16 billion, according to Bloomberg News sources. Northern Data Eyes US IPO […]

Sony to Launch Crypto Exchange in Japan Via Acquired Local Platform

Japanese multinational conglomerate corporation Sony is gearing up to launch its cryptocurrency exchange. The company intends to make this possible by restarting another crypto trading platform acquired in August 2023. According to a press release, Amber Japan, the parent company of the Japanese crypto exchange WhaleFin, acquired by Sony last year, has changed its name […]

Ethereum Suffers $61M Outflows, Worst Performance Since August 2022

Digital asset investment products experienced their third consecutive week of outflows amounting to $30 million, although last week showed a significant decrease. While outflows for Ethereum continued, investor sentiment surrounding Bitcoin appears to be slowly changing. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly report, most providers recorded minor inflows, but […]

Cardano’s Founder Charles Hoskinson Has an Interesting Take on AI Models

Charles Hoskinson, the co-founder of the blockchain platform Cardano, believes artificial intelligence (AI) models are losing their utility over time. In a Sunday tweet, Hoskinson said the reason is the alignment training that comes with AI censorship. AI Models Are Losing Utility AI censorship refers to the use of machine learning algorithms to automatically filter […]

Is Ripple Headed for a New All-Time High? XRP Price Predictions

TL;DR XRP lags behind other cryptocurrencies in gains but is predicted to rise significantly due to positive technical indicators and a potential legal victory in the Ripple v. SEC case. Analysts foresee the asset reaching between $2.90 and $16.10, with some envisioning even higher prices if certain conditions are met. The Next Potential Targets The […]