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Propanc Biopharma said it will build a crypto treasury after securing up to $100 million from Hexstone Capital to further its potential cancer treatment and reignite investor interest. Australia-based Propanc Biopharma has announced that it has secured $100 million from a crypto-focused family office to launch a crypto treasury — a move its CEO described…
Despite an $8 billion rise in realized cap, Bitcoin’s recovery lacks the continued inflows from ETFs and Michael Saylor’s Strategy as the main demand drivers, according to CryptoQuant. Bitcoin’s onchain inflows are signaling robust demand for the world’s largest cryptocurrency, with both investors and miners ramping up their activity despite the negative market sentiment since…
Ethereum transaction fees remain at near all-time lows despite peak network activity that saw daily transactions top 1.6 million for the first time since October’s market crash. Despite growing blockchain activity on Ethereum, gas fees on the world’s largest smart contract network remain near historic lows, signaling a more mature and scalable infrastructure ready for…
The class action lawsuit, filed this week, alleges that their promotion of the sweepstakes platform was unlawful. Drake. Photo by Cole Burston/Getty Images Drake and popular streamer Adin Ross have been sued for promoting illegal gambling in Missouri. The class action lawsuit was filed in court on October 27, and names Drake and Ross…
Bitcoin’s diminishing returns and growing inaccessibility for average retail investors are threatening the predicted extension of the crypto market cycle, according to 10x Research. Bitcoin is becoming increasingly unattainable for average investors, raising questions about whether the current bull market can sustain its momentum beyond the traditional four-year cycle. Crypto market intelligence company 10x Research…
Crypto executives argue that a self-sovereign city powered by cryptographic and decentralized systems is technically possible but would be immensely challenging. While there have been multiple attempts over the years at building “crypto cities” — special zones that rely on blockchain technology to function —most experiments have failed, and crypto executives think they know why. …
Industry watchers welcomed the idea of “skinny” master accounts as another sign of the end of crypto’s banking troubles, in what insiders describe as “Operation Chokepoint 2.0.” The US Federal Reserve is considering the introduction of a new type of payment account that would make it easier for smaller companies to participate in the central…
The A.I.-powered music generation app is accused of illegally training its models on copyrighted music owned by Warner Music Group, Universal, and Sony Music. In 2024, the big three major label music groups — Warner Music Group, Universal Music Group, and Sony Music — filed a lawsuit against Suno for copyright infringement. An app that…
Public companies now hold over 1 million Bitcoin worth $110 billion on their balance sheets, but only early adopters with disciplined strategies have seen major gains. Key takeaways: Early adopters with disciplined Bitcoin strategies outperform peers by 286% on average. Holding Bitcoin alone doesn’t guarantee stock gains as operational strength matters. Read more If you…
The streamer is making “significant investments” in generative AI in collaboration with Sony, Universal and Warner Music. Spotify logo. Photo by EMMANUEL DUNAND/AFP via Getty Images. Spotify is diving further into artificial intelligence with “significant investments in A.I. research and product development.” These will include a “generative A.I. research lab” and “artist-first A.I. music…