Articles written by CoinGape - Benzinga

Mark Cuban Predicts 99% of Tokens Will Go Broke, Survivors Will Be Game Changers

|In a recent Twitter conversation with former Securities and Exchange Commission (SEC) official John Reed Stark, American businessman and philanthropist Mark Cuban predicted that 90% of blockchain companies will go broke.

Twitter Founder Jack Dorsey Makes New Pledge To Support Bitcoin Developers

|Twitter founder Jack Dorsey is unrelenting in his bid to support the development of the Bitcoin (CRYPTO: BTC) protocol and he has made a new funding commitment to Brink, a Web3.0 hub that supports developers in the network.

Apple May Partner With Company Behind Render Crypto Token

|A product linked to the Render (CRYPTO: RNDR) network, which offers distributed GPU rendering on the blockchain, was mentioned in the Apple Inc. (NASDAQ: AAPL) event on Monday as part of the keynote event.

Europe Stocks Rise After Hitting Two Month Low Amid US Debt Deal

|European stock markets opened higher Friday morning as the US passed a bill to raise the debt ceiling and cap government spending for two years, averting a global economic catastrophe. The Stoxx 600 index currently trading 1% up, as it climbed further from the two-month low hit on Wednesday.

Elon Musk-Linked Robinhood Wallets Moves Over 10 Billion Dogecoin

|Tesla CEO and Dogecoin fan Elon Musk is being accused of insider trading and market manipulation in a class action lawsuit filed in New York City on Wednesday. Coincidently, Robinhood wallets which are many times linked to Elon Musk witnessed massive reshuffling of Dogecoin (CRYPTO: DOGE) assets after the lawsuit.

What It Means For Crypto If Jamie Dimon Runs For US Prez 2024

|It is increasingly becoming clear that campaign debates in the lead-up to the US presidential election 2024 could feature crypto market regulation. Already, several leaders began speaking about the need for freedom to trade digital assets.

Single Whale Moves 20 Trillion Shiba Inu And 3.4 Billion Dogecoin

|Whale transactions moving millions of Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) meme coins were noticed today, May 17. Whale Alert reported four transactions moving 5 trillion SHIB worth $43,615,00 each.

World's Largest Bitcoin Holder Bullish On Bitcoin Ordinals

|Michael Saylor, the co-founder of Bitcoin's (BTC) largest holder MicroStrategy recently addressed the effect of Ordinals on BTC mining as well as the power of inscription. He mentioned that the craze surrounding Ordinals has served as a catalyst for BTC adoption so far. Saylor disclosed his stance during a podcast with Patrick Bet-David of PBD Podcast.

Metaverse Expected To Contribute $760 Billion To US Economy

|The metaverse could contribute as much as $760 billion or about 2.4% to U.S. annual gross domestic product (GDP) by 2035, as per a study by Meta Platforms Inc (NASDAQ: META).

Bit Mining Introduces Next Generation Miners For Dogecoin And Litecoin

|Cryptocurrency mining company BIT Mining (NYSE: BTCM) has announced the launch of an advanced more recent version of its Dogecoin (CRYPTO: DOGE) and Litecoin (CRYPTO:

First Ever Crypto Themed Shark Tank Show Announced

|In what could be a significant step forward in expanding the crypto market reach to mainstream audience, a new Shark Tank style television show is set to come up. However, the new show would be entirely centered around crypto startups and web 3.0 ecosystem.

Man Imprisoned For Stealing Bitcoins From IRS

|Gary Harmon admitted using his brother's credentials to recreate eight Bitcoin wallets stored on a device in an Internal Revenue Service evidence locker in April 2020. Harmon was sentenced to four years in prison Thursday by US District Judge Beryl Howell in Washington, DC, where he pleaded guilty in January.

PayPal's Crypto Push: Over 60 Million Venmo Users Can Now Transfer Crypto

|What comes as a sigh of relief for many customers using crypto assets in the United States, PayPal (NASDAQ: PYPL) is set to roll out a key new feature for its 60 million Venmo customers that will allow users to transfer cryptocurrencies between its platform and other crypto wallets.

Crypto x AI: Baby Doge Partners With ChainGPT

|Baby Doge (CRYPTO: BABYDOGE) announces a new partnership with ChainGPT, one of the leading A.I. players in the market. This marks Baby Doge's first move into the world of A.I. and could have significant implications for the coin's future growth and adoption. ChainGPT is well-known in the A.I.

Multiple Dormant Bitcoin Whales Awaken; What Does It Mean?

|Crypto News: Even as Bitcoin (CRYPTO: BTC) price dropped for three consecutive days last week, dormant whales re-activated their addresses containing massive amounts of cryptocurrency. Generally, this trend is associated with a corresponding price surge for the asset.

John Oliver Explores Crypto Collapse In Latest Episode

|In the latest episode of Last Week Tonight, host John Oliver talked about cryptocurrencies for the second time. The British-American comedian is known for digging deep into obscure topics that mainstream media avoids. John Oliver detailed the collapses of FTX, Celsius and Terra that occurred last year.

Elon Musk's Twitter Sparks Chaos With Major Media Label Changes

|Twitter has removed "state-affiliated" and "government-funded" labels from several high-profile media accounts. The changes were implemented on Friday and affected accounts such as the BBC, Russia's RT, and NPR in the US. Twitter faced backlash from media outlets over how their accounts were being described, with many suspending activity on the platform.

Google Plans To Use AI For Advertisements

|Financial Times reported Google (NASDAQ: GOOGL) is planning to introduce generative artificial intelligence into its advertising business over the coming months.

Pepe The Frog Soars 500% Amid New Wave Of Meme Coins

|Seems like a new craze of meme coins has arrived as frog-themed coins skyrocket.

Elon Musk Hints At Suing OpenAI

|In an interview with FOX News, Elon Musk talked about how he unfortunately helped create OpenAI. Talking about the dangers of Artificial Intelligence, Musk criticized OpenAI's approach. After the interview, a Twitter user asked Elon why he doesn't sue OpenAI for defrauding him.