Author: Digicoinvision
Openledger and Trust Wallet have joined forces to bring the next generation of artificial intelligence (AI)-powered wallet experiences to Web3. Bringing Intelligence Directly into the Wallet In a major stride toward redefining Web3 usability, Openledger, the decentralized AI blockchain firm, and Trust Wallet have joined forces to launch AI-powered wallet experiences for the latter’s more […]
Join Our Telegram channel to stay up to date on breaking news coverage Phantom Wallet, a crypto wallet for managing cryptocurrencies, non-fungible token collections and other digital assets across multiple blockchains, including Solana, Ethereum, and Bitcoin, has acquired Solsniper, one of the fastest-growing meme coin trading platforms on the Solana blockchain. The non-fungible token wallet anticipates becoming more than just a crypto wallet. Phantom Acquires Solsniper In an August 4 blog post, the Phantom NFT team confirmed that they have successfully acquired Solsniper for an undisclosed amount. In a subsequent blog post, Phantom said that it’s anticipating becoming more than…
Bitcoin mining difficulty has hit the brakes in 2025. For the first time in the network’s history, difficulty is rising at a slow pace and is on track for its slowest annual difficulty growth rate ever recorded. Signals Of Consolidation In The Bitcoin Mining Landscape Bitcoin mining difficulty has risen by 0.5% since June 1st, signaling an extraordinary slowdown in network expansion. According to mining infrastructure firm Blockware’s post on X, the Year-to-Date mining difficulty is up only 16%, which is a stark contrast to prior post-halving years. “2025 is on pace to see the slowest growth in mining difficulty…
The top US-based crypto exchange by volume is announcing upcoming support for a low-cap artificial intelligence (AI)-powered decentralized finance (DeFi) token. In a new announcement, Coinbase says that it has added Mamo (MAMO) to its listing roadmap, indicating plans to list the coin for trading in the future. Mamo is a personal finance bot project that aims to boost user return on interest through tools powered by AI. According to the platform’s whitepaper, the protocol: “Creates calm, steady progress through thoughtful, risk-aware strategies Explains everything in plain language, helping you learn as you earn Keeps you in control. Add, pause,…
Brazil’s House of Representatives will hold a hearing on Aug. 20 to discuss a bill proposing the creation of a national Bitcoin reserve in the country. According to the House website, at least six institutions are slated to participate, including the Central Bank of Brazil, the Ministry of Finance, a crypto advocacy association and representatives from fintech companies and the banking sector. The bill, introduced in November 2024, seeks to allow up to 5% of the country’s treasury funds to be used to buy Bitcoin, which translates to a potential investment of roughly $15 billion, assuming the central bank’s total reserves…
Digital asset investment firm SharpLink added another haul of Ether to its balance sheet, bringing its overall ETH holdings to almost $2 billion.On Tuesday, the company said it bought 83,562 Ether (ETH) worth $264.5 million at an average price of $3,634. The purchases, made between July 28 and Aug. 3, brought the company’s total ETH holdings to 521,939 ETH, worth $1.91 billion at current market prices. The company said that all of its ETH holdings are staked, allowing it to earn from Ethereum’s native proof-of-stake consensus mechanism. According to SharpLink, its cumulative staking rewards have reached 929 ETH, worth over $3.3…
The US Securities and Exchange Commission (SEC) has clarified that certain cryptocurrency liquid staking activities do not constitute securities offerings, a notable step in the agency’s ongoing effort to provide clearer guidance on digital asset regulation.“The statement clarifies the division’s view that, depending on the facts and circumstances, the liquid staking activities covered in the statement do not involve the offer and sale of securities,” the regulator said Tuesday, referring to key sections of the Securities Act of 1933 and the Securities Exchange Act of 1934.In its Staff Statement, the SEC defined liquid staking as the process of staking digital…
It’s always fun to hear about new grants as they’re awarded, but what happens after the announcement? In this series, we’ll check in on projects that are well underway – or already at the finish line. Read on to learn about some recent milestones and achievements by grantees! Baseline The Baseline project is defining a protocol that allows businesses to synchronize their systems of record and reduce costly errors in B2B transactions. It uses the Ethereum Mainnet as a common frame of reference, while keeping confidential business logic and data private using zero-knowledge proofs. The project is housed under the…
Key Takeaways Digital assets saw $223 million in outflows, ending a 14-week streak. Bitcoin bore the brunt, while Ethereum continued to attract inflows. Digital asset investment products recorded $223 million in net outflows during the week ending the 2nd of August, the first pullback after 14 straight weeks of inflows. Source: CoinShares The week began strong with $883 million in inflows, but investor sentiment shifted quickly as the total crypto market cap fell 9.48%, erasing approximately $370 billion. The trigger? A hawkish U.S. Federal Reserve tone. Hawkish U.S. policy sparks investor sell-off The sell-off was triggered by U.S. investors reacting…
Bitcoin is undergoing a sharp correction after losing the $115K support level, triggering a wave of uncertainty across the market. Following weeks of consolidation in a tight range, BTC has broken down, fueling debates among analysts about the asset’s short-term direction. Some experts warn that Bitcoin could face further declines as investors take profits and sentiment turns cautious. Others maintain a more optimistic view, suggesting that the correction is a healthy pause before BTC makes another attempt to reclaim its all-time highs. Related Reading Key data from CryptoQuant adds another layer to the analysis. Metrics indicate that Bitcoin is currently…