Author: WebDesk

Gary Gensler, the former Chair of the U.S. Securities and Exchange Commission, is rejoining MIT’s Sloan School of Management as a Professor of the Practice.  Gary Gensler will be a member of both the Global Economics and Management Group and the Finance Group, where he will work on artificial intelligence, finance, financial technology, and public policy, says the MIT press release, dated on Jan. 27. In addition to being a professor, he will also be the co-director of the FinTechAI at the Computer Science and Artificial Intelligence Laboratory, MIT’s largest research lab. Before taking on the role of SEC Chair during…

President Donald Trump’s memecoin, $TRUMP, has reportedly generated at least $11.4 million in fees for entities associated with him since its launch on January 17. $TRUMP memecoin Earns $11.4 Million in Fees Trump surprised the crypto community by introducing his memecoin just days before his inauguration ceremony. The MAGA leader’s crypto venture skyrocketed within hours, reaching a market cap of $5.44 billion. Moreover, according to an analysis by crypto risk modeling firm Gauntlet, $TRUMP may have gathered at least $11.4 million in fees. Gauntlet’s co-founder and CEO, Tarun Chitra, revealed in a recent interview that CIC Digital LLC and Fight…

Ripple CEO Brad Garlinghouse has revealed that he had discussions with President Donald Trump about making XRP a part of the United States’ strategic reserve. Garlinghouse said that the U.S. reserve should include a diverse array of cryptocurrencies, rather than solely relying on Bitcoin.Garlinghouse expressed his belief that a diversified crypto portfolio would benefit the U.S. and support American crypto companies. He also dismissed claims that he was trying to undermine Bitcoin in favor of XRP, saying that the opportunities in the crypto space are large enough to allow for multiple winners. “The opportunities are so large, there will be…

If you asked most people in 2023, they would have sworn that NFTs were past their prime. After capturing global attention in 2021 and peaking in hype around 2022, NFTs seemed to lose steam. Trading volumes fell, mainstream media coverage waned, and more than a few marketplaces either downsized or disappeared. Fast-forward to 2025, however, and a surprising resurgence is underway—led, in large part, by Telegram and the TON blockchain. In this article, we’ll explore how Telegram’s huge user base is driving a new wave of NFT adoption, why TON blockchain technology provides the perfect backbone for this revival, and…

Following a series of discussions with a diverse group of US investors, analysts at Bernstein have noted a notable observation: various market participants are increasingly convinced that “crypto is back.” This renewed enthusiasm comes on the heels of a political shift under the Trump administration, which has sparked growing curiosity about the potential implications for digital assets. According to Bernstein’s team, led by Gautam Chhugani, this optimism is not yet accompanied by a detailed understanding of the emerging regulatory space, but it’s clear that investors are preparing for increased involvement. Regulatory Developments And Institutional Interest Bernstein highlighted a broad spectrum…

Rebeca Moen Jan 29, 2025 02:33 Wormhole announces the distribution of rewards for the first period of its Staking Rewards Program (SRP), with over 50 million W tokens allocated to eligible holders. Wormhole has officially launched the rewards distribution for the first period of its Staking Rewards Program (SRP), offering significant incentives to early token holders. According to Wormhole, over 50 million W tokens have been allocated to over 58,000 qualifying addresses. Eligibility and Reward Calculation The SRP Period 1 rewards those who staked their W tokens for governance on EVM chains and…

Elon Musk’s influence on Dogecoin continues to captivate investors, but many DOGE enthusiasts are now eyeing the explosive potential of 1Fuel (OFT). With its presale already raising $1.5 million in just days, 1Fuel is quickly gaining traction as a top DeFi contender. Offering cutting-edge features like cross-chain transactions and AI-driven asset management, 1Fuel attracts retail traders and whale investors. Could 1Fuel’s upcoming listing be the next big move for DOGE gamblers seeking massive returns? Dogecoin could rally to $1 by Q1 2025 Dogecoin peaked above $0.40 before consolidating at approximately $0.33. The meme token’s market cap exceeded $50.7 billion in…

DeepSeek, a new Artificial intelligence (AI) chatbot launched a week ago and grabbed huge popularity across the world. This chatbot was developed by a Chinese tech startup. While its primary focus is artificial intelligence, the ripple effects of this launch have been felt in other sectors far removed from AI, including the cryptocurrency market. This article delves into the impact of DeepSeek on the crypto space, analyzing the positives, negatives, and broader implications for the sector.DeepSeek AI ChatbotDeepSeek is designed to enhance digital communication, automate tasks, and provide deep insights into data. With the initial launch, DeepSeek has already secured…

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…

Ripple’s XRP price has staged an impressive comeback, surpassing Bitcoin’s short-term performance despite facing strong criticism from Bitcoin maximalists. Pro-XRP lawyer Bill Morgan highlighted this resilience, stating on X, “Despite the massive social media attack of mindless Bitcoin maxis for several days on Ripple and XRP, the crypto they call a ‘shitcoin’ continues to outperform Bitcoin in the short term.” XRP Price Leads Market Recovery Following the recent DeepSeek sell-off, XRP has shown exceptional strength, outperforming the broader crypto market. While most digital assets have attempted modest recoveries, XRP has posted significant gains, prompting speculation about the driving forces behind…