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AI chatbots are getting worse over time — academic paper

A dwindling consumer interest in chatbots caused a drop in AI-sector revenues during the second business quarter of 2024.

SUI charts 115% monthly gain as its ecosystem memecoins rally after USDC integration

SUI gained 115% in a month after integrating USDC into its blockchain, which resulted in a parabolic surge in user and network activity.

CleanSpark reports 187% hashrate growth

CleanSpark’s hashrate increased from 9.6 EH/s to 27.6 EH/s over the past year, driven largely by strategic acquisitions that boosted its mining capacity.

Crypto Biz: Axelar’s new interoperability stack goes live

With dozens of layer-1 blockchains on the market, communication between networks has become a significant pain point for the broader adoption of Web3-based applications. 

Crypto-friendly gaming giant Tencent considering Ubisoft buyout: Report

The Guillemot family and Tencent would likely take the company private if the deal happens. 

US jobs report signals fewer rate cuts, still bullish for BTC: Grayscale

The bullish jobs report adds fuel to hopes for an “Uptober” and fourth-quarter rally in Bitcoin’s price.

Bitcoin price recovery driven by growing US financial concerns 

Bitcoin price recaptures the $62,000 level as investor grow increasingly concerned about the fiscal health of the US

Bitcoin decentralization is a matter of national security — Auradine CEO

According to CryptoQuant, the current Bitcoin network difficulty is 88.4 trillion — down from the 92 trillion recorded on Sept. 20, 2024.

‘Uptober’ builds strength as Bitcoin held on exchanges falls to 6-year low

Bitcoin held on exchanges fell to a new low while spot Bitcoin ETF inflows resumed pace. Is Uptober back on?

Hong Kong makes HKVAX third licensed retail crypto exchange

HKVAX  is the first to be licensed under the region’s new licensing regime, as 16 more exchanges wait.

Polymarket odds on who HBO will out as Satoshi Nakamoto favor Len Sassaman

Hal Finney and Adam Back have held the second and third spots since betting opened.

Grayscale launches Aave fund amid DeFi surge: Finance Redefined

While Grayscale launches a new Aave investment fund, Polymarket users face wallet breaches linked to Google logins.

Price analysis 10/4: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

If Bitcoin sustains its rebound above $60,000, investor sentiment is likely to improve and attract buyers to altcoins.

VTAP Explained: What is Visa Tokenized Asset Platform?

Discover the VTAP, a solution that allows financial institutions to issue and manage fiat-backed tokens securely on blockchain networks.

‘Monolithic’ blockchains outperformed in September — VanEck

Monolithic blockchain networks like Solana can theoretically process 65,000 transactions per second without using layer-2 scaling solutions.

BTC miners are ideal energy consumers, but regulators need to catch up — Hive

According to Hive’s CEO, data centers have the potential to enhance grid stability, especially as the transition to renewable energy introduces more volatility into power systems.

Meta unveils AI models that create photorealistic movies with sound

The cherry-picked results are impressive, but the models aren’t available for general testing yet.

Bitcoin 16% drop in trading volume ‘explainable,’ as price may fluctuate to $72K

It may be too early to judge Bitcoin’s performance for the rest of October as investors are “largely reactionary to macro events,” says a crypto analyst.

Tether is ‘best friend’ of US, says CEO Paolo Ardoino

While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph.

Unspent transaction outputs distort BTC fungibility — Litecoin founder

Unspent transaction outputs create a long history that is tracked by onchain analysts, blockchain heuristic companies, and law enforcement.

Bitcoin gets US employment boost as BTC price eyes $300M ask liquidity

BTC price gains allow Bitcoin bulls zero in on $300 million in ask liquidity located above $62,000. 

Hackers got away with $440M in 28 exploits in Q3: Report

The number of cryptocurrency hacks and the recovery rate for funds set three-year lows in Q3 2024.

Crypto phishing scams drained $46M in September

Over $127 million was stolen in Q3 2024 due to phishing attacks, with September alone seeing losses of $46 million.

Web3 game asset ownership is worthless without interoperability

There’s no point in owning game assets if you can’t use them on other platforms.

Whale sell-offs and token unlocks weigh on Bitcoin — 10x Research

Institutional inflows, while stabilizing, haven’t overcome whale sell-offs and massive token unlocks driving down Bitcoin prices.

Coinbase to delist noncompliant stablecoins under EU MiCA rules

Coinbase will delist noncompliant stablecoins from its European platform by the end of December to comply with the EU’s MiCA regulations.

Vietnam police bust crypto scam ring linked to offshore actors

Vietnamese police arrest five individuals linked to a crypto scam network, unraveling an offshore-led operation targeting unsuspecting victims.

Ethereum inflation rises, threatens ‘ultrasound money’ status: Report

Ethereum’s inflation rate hit a two-year high as layer-2 solutions curb transaction burns, challenging its deflationary promise, according to a new Binance Research report.

XRP’s ETF hopes after SEC appeal depend on US election: Analysts

XRP holders were on a high after the first XRP ETF application was filed, only to see hopes dim after the SEC’s Ripple appeal. The race is on between Solana and XRP to become the first US altcoin ETF.

Brazil tests DeFi elements, compatibility in Drex CBDC pilot

Brazil’s central bank is developing a synthetic central bank digital currency that blends decentralization, privacy and programmability.

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