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Binance Labs Highlights the Synergy of AI and Blockchain

Binance Labs Highlights the Synergy of AI and Blockchain

Max Konilio, Investment Director at Binance Labs, explained the company’s foray into the artificial intelligence sector in a conversation with Cointelegraph. On August 14, the firm invested in Sahara AI, a startup aiming to develop AI using blockchain technology. On August 15, the organization supported another decentralized AI ecosystem, MyShell, which enables users to create […]

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Telegram Founder Durov's Arrest Sparks Crypto Community Support

Telegram Founder Durov’s Arrest Sparks Crypto Community Support

The Telegram team has responded to the arrest of its founder, Pavel Durov, in France, expressing hope for a “swift resolution of this situation.” “Telegram complies with EU regulations, including the Digital Services Act—its moderation is within industry standards and is constantly improving,” the statement reads. The statement also emphasized that Durov has nothing to […]

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Stablecoin Market Capitalization Reaches Record $168 Billion

Stablecoin Market Capitalization Reaches Record $168 Billion

The combined market capitalization of stablecoins has reached a new all-time high of $168 billion, marking an 11-month streak of growth. And just like that, we’re at a new all-time high. Total stablecoin market cap, excluding algorithmic stables, is now at the highest point ever, surpassing its previous high from early 2022. New money is […]

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Ray Kurzweil Predicts Human-AI Merger in the 2040s

Ray Kurzweil Predicts Human-AI Merger in the 2040s

In the 2040s, humans will merge with AI to form a super-being, cease to suffer from illnesses, and extend their lifespan. This perspective was shared by futurist and former Google researcher Ray Kurzweil. He has published a book titled The Singularity Is Nearer: When We Merge with AI, where he discusses the concept of singularity. […]

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Discord Channels of Avalanche and ZKsync Compromised to Promote Scams

Discord Channels of Avalanche and ZKsync Compromised to Promote Scams

The Discord servers of the Avalanche blockchain and the ZKsync layer-two network have fallen victim to malicious attacks. SECURITY ALERT: The official Avalanche Discord has been compromised. Please do not interact with any accounts or click any links until further notice. — Avalanche ? (@avax) August 25, 2024 On August 25, the Avalanche team reported […]

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Shiba Inu Team to Launch DAO

Shiba Inu Team to Launch DAO

Shiba Inu (SHIB) is set to launch a DAO, enabling meme token holders to vote on future initiatives. This was announced by the head of marketing, known as Lucie. https://t.co/mj7SRzf6yi — ????? (@LucieSHIB) August 24, 2024 “The transition [to DAO] will allow every owner, regardless of their stake size, to influence the community’s direction,” she […]

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Weekly Highlights: Durov's Detention and New Lawsuit Against Binance

Weekly Highlights: Durov’s Detention and New Lawsuit Against Binance

A new class-action lawsuit has been filed against Binance and Changpeng Zhao, the Fed chairman has expressed readiness to lower the key rate, Harris’s campaign has confirmed her intention to support the crypto industry, among other events of the past week. Bitcoin Price Surpasses $64,000 The leading cryptocurrency started the week at $60,000 but fell […]

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Tether Aids Law Enforcement in Recovering $108 Million in USDT Since 2014

Tether Aids Law Enforcement in Recovering $108 Million in USDT Since 2014

Tether has assisted 145 law enforcement agencies across 40 jurisdictions in recovering over $108.8 million in USDT since its inception in 2014. This was reported in the stablecoin issuer’s blog. “Tether’s proactive approach to assisting law enforcement underscores its commitment to transparency and accountability in the crypto industry,” the company stated. According to the announcement, […]

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Telegram's Pavel Durov Detained in France

Telegram’s Pavel Durov Detained in France

Pavel Durov, the founder of Telegram, was detained at Le Bourget airport in Paris. This was reported by French channels TF1 and BFMTV, citing sources. According to media reports, he may face numerous charges, including terrorism, drug trafficking, fraud, and money laundering. Sources indicate that the French court believes the lack of thorough moderation on […]

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Institutional Bulletin: Story Protocol Secures $80 Million, Chaos Labs Raises $55 Million

Institutional Bulletin: Story Protocol Secures $80 Million, Chaos Labs Raises $55 Million

The cryptocurrency industry continues to attract a growing number of institutional players. This is evident from new investments in infrastructure and the increasing attention companies are paying to bitcoin as an asset class. ForkLog reviews the most significant events of recent weeks. Story Protocol Platform Raises $80 Million The team behind Story Protocol, an open-source […]

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Telegram Wallet Users Fall Victim to Phishing Scam

Telegram Wallet Users Fall Victim to Phishing Scam

Approximately 10 users transferred funds to compromised addresses listed in a phishing message from the official Telegram Wallet channel. This was reported by the service’s support team. “Last night, several thousand users received a phishing message from the official Wallet support channel. Unfortunately, a vulnerability was found in the integration of an external service used […]

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Ethereum Poised to Surpass Bitcoin in Market Capitalisation Within Five Years, Says Expert

Ethereum Poised to Surpass Bitcoin in Market Capitalisation Within Five Years, Says Expert

Ethereum is set to eventually overtake the leading cryptocurrency in terms of market capitalisation within the next five years, according to Nick Tomaino, founder of 1confirmation. 1confirmation Q2 2024 LP letter pic.twitter.com/7aysi4xCYL — Nick Tomaino (@NTmoney) August 23, 2024 He noted that Bitcoin’s current capitalisation stands at approximately $1.2 trillion, which is about four times […]

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