The Business & Technology Network
Helping Business Interpret and Use Technology
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Two law firms, Burwick Law and Wolf Popper LLP, have accused Pump.fun of using their intellectual property to create a controversial meme coin, Dog Shit Going Nowhere (DOGSHIT2). The firms also accused Pump.fun of trying to intimidate their clients. The allegations come as both firms pursue a class-action lawsuit against Pump.fun, claiming the platform has facilitated widespread securities...
Leading altcoin Ethereum has faced a series of headwinds over the past few days. With heightened market volatility and significant liquidations, ETH remains under bearish pressure. However, a bullish divergence has emerged on its daily chart, suggesting that the coin might be poised for a rebound and a possible rally back above $3,000. Ethereum Traders Bet on the Upside as Buying Pressure...
Bitcoin is showing signs of a potential recovery, emerging from a validated bullish pattern. The crypto has managed to regain momentum, with whale investors playing a crucial role in its price surge.  As larger holders accumulate more BTC, Bitcoin is inching closer to critical resistance levels. Bitcoin Investors Are Uncertain Whale holders have been actively accumulating Bitcoin during...
Privacy-focused cryptocurrency Monero has emerged as the market’s top gainer on Thursday, rising by 5% in the past 24 hours. The price rally comes as the broader crypto market grapples with a downturn.  As the bullish bias toward the altcoin strengthens, Monero appears poised to maintain its uptrend in the short term. Monero Climbs, Bullish Momentum Shows Strength XMR has consistently...
As AI becomes more embedded in our daily lives, the question of trust and privacy is more urgent than ever. Who controls our data? How do we verify digital content? Can AI operate autonomously without compromising personal privacy? These are the challenges cheqd is tackling head-on. With a strong focus on self-sovereign identity (SSI) and decentralized identifiers (DIDs), cheqd is building the...
Coinbase director Conor Grogan has raised speculation that crypto exchange Kraken and its CEO might have insight into the true identity of Bitcoin’s (BTC) elusive creator, Satoshi Nakamoto.  His comments come after Arkham Intelligence added tracking for Satoshi Nakamoto’s Bitcoin holdings to their platform. Kraken and Satoshi Nakamoto: A Hidden Connection? According to the blockchain...
Bitcoin enthusiasts have long touted the creation of a strategic Bitcoin reserve as a hedge against inflation that can reduce the national debt and reinforce the United States’ position as a global financial leader. Its implementation could also unleash several damaging effects on the US economy, with consequences rippling across the globe. BeInCrypto spoke with Haider Rafique, the Chief...
Global traders, including those in crypto, should brace for volatility as tariffs and inflation take center stage in shaping market trends, according to a new survey by JPMorgan Chase. The survey’s findings indicated a significant rise in concern compared to the previous year when only 27% of respondents cited inflation as a major issue. Tariffs To Stir Market Uncertainty, JP Morgan Survey...
KernelDAO, a top restaking protocol with over $2 billion in Total Value Locked (TVL), is pleased to announce its partnership with Mira, a pioneer in trustless verified AI technology, for the launch of a first-of-its-kind API that enhances AI reliability through trustless verification. The partnership is supported by $300 million in TVL, leveraging KernelDAO’s restaked economic security through...
Solana-based meme coin dogwifhat (WIF) has experienced a sharp downturn over the past week. It has shed 33% of its value during that period and currently trades at a February 2024 low.  On-chain and technical indicators confirm the weakening demand for the meme coin, suggesting its decline may continue in the short term. WIF’s Declining Demand Signals Bearish Outlook An assessment of the...