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Cronos (CRO) Price Rallies 12% On Major Upgrade Announcement
CoinGape (RSS)

Cronos (CRO), the native cryptocurrency token of Cronos Chain developed by Crypto.com, has surged by a remarkable 12% in today’s crypto market. Meanwhile, this substantial gain comes on the heels of an electrifying announcement revealing a major upgrade poised to revolutionize the Cronos blockchain.

So, let’s delve into the details behind this surge and the implications of Cronos’ latest development.

Cronos Unveils Titan Upgrade
Cronos has set the crypto world abuzz with its recent unveiling of the upcoming Titan Upgrade, set to go live on March 26. According to the announcement, this upgrade marks a transformative enhancement poised to elevate the performance and functionality of the Cronos blockchain.

Meanwhile, the upgrade promises a flurry of groundbreaking improvements, including a significant boost in transaction processing spe...

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SEC-Ripple legal battle intensifies: Key dates and expectations
Cryptopolitan (RSS)

As the longstanding legal dispute between the Securities and Exchange Commission (SEC) and Ripple unfolds, stakeholders eagerly anticipate significant developments in the coming weeks. With crucial deadlines looming, both parties are gearing up for a pivotal phase in the litigation process.

Ripple key dates approaching

The SEC’s opening brief is scheduled for submission on March 22, marking the beginning of a critical phase in the legal proceedings. Ripple, in turn, will have until April 22 to file its opposition brief. Following this, the SEC can submit a reply brief by May 6. These deadlines, outlined by former Federal Prosecutor James Filan, form part of the revised schedule for the remedies briefing.

The SEC’s request for a one-week extension, citing “good cause,” resulted in the adjustment of the deadlines. O...

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Nigerian SEC proposes hefty fee increase for crypto exchange registration
Cryptopolitan (RSS)

In a significant development for the crypto industry in Nigeria, the Securities and Exchange Commission (SEC) has announced a proposal to amend the regulations that govern platforms offering crypto services. The proposed changes include a substantial increase in the registration fees for crypto exchanges.

Under the new guidelines, the fee for registering a crypto exchange would rise from 30 million naira ($18,620) to 150 million naira ($93,102), marking a 400% increase. This move by the Nigerian SEC comes amid the country’s rapidly growing interest in cryptocurrency and its efforts to establish a more regulated environment for digital asset trading.

The amendment also suggests adjustments to other financial requirements for crypto-related entities. For instance, the application fee for digital asset excha...

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Federal prosecutors recommend 40 to 50-year sentence for FTX’s Sam Bankman-Fried
Cryptopolitan (RSS)

Federal prosecutors have submitted a sentencing recommendation for Sam Bankman-Fried, the FTX founder convicted of fraud and conspiracy, proposing a prison term of 40 to 50 years.

According to a recent Bloomberg report, this recommendation was made to a federal judge in Manhattan ahead of the scheduled sentencing on March 28. This comes in contrast to defense lawyers’ plea for leniency, suggesting a sentence that does not exceed a single-digit number of years.

Bankman-Fried, aged 32, faced conviction in November on charges stemming from his cryptocurrency empire’s dramatic collapse. His businesses, once celebrated with Super Bowl advertisements and celebrity endorsements, were accused of misappropriating at least $10 billion from investors and cu...

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AI Integration in Advertising Raises Concerns and Opportunities
Cryptopolitan (RSS)

The utilization of artificial intelligence (AI) in advertising has become increasingly prevalent, signaling a paradigm shift in the industry’s landscape. Daan Odijk, Head of Data and AI at RTL, underscores the growing trend, citing its cost-cutting benefits while cautioning against potential pitfalls.

Cost reductions and representational challenges

AI-generated images have emerged as a cost-effective alternative to traditional advertising methods, as exemplified by RTL’s implementation in the dating show B&B Vol Liefde. Substantial savings were realized by circumventing elaborate photo shoots and global location scouting. However, this newfound efficiency is not without its complications.

Odijk acknowledges the challenge of AI-generated personas often skewing towards conventional beauty standards, potentially...

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Crypto trader turns $9,000 investment into $123,000
Cryptopolitan (RSS)

The cryptocurrency market has witnessed a meteoric rise in the value of the meme-inspired cryptocurrency, Book of Meme (BOME), with a staggering surge of over 3000% within a mere 24-hour period. This unprecedented price escalation has catapulted the digital asset into the spotlight, garnering the attention of seasoned traders and newcomers alike.

BOME, conceptualized by renowned crypto artist Darkfarms, embarked on its journey to establish a permanent digital archive for memes with the launch of its presale event on March 10. Unlike traditional token sales, BOME opted for a novel approach where fixed prices prevail. The allocation of BOME tokens was determined by each participant’s proportional contribution of SOL, the native cryptocurrency of the Solana blockchain.

The presale event exceeded all expectations, amassing over 10,131 SOL, nearl...

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AI Warns Earth Defenseless Against Superior Alien Technology
Cryptopolitan (RSS)

In a stark revelation, artificial intelligence has suggested that in the event of an alien invasion akin to the plot of “Independence Day,” Earth’s defenses would likely crumble against the might of extraterrestrial forces wielding vastly superior technology. 

AI analysis of alien superiority spells Earth’s demise

The assessment, conducted by Google’s Gemini AI, highlights the potential dire outcome should humanity ever face such a scenario. According to Gemini AI’s analysis, any invading alien force would possess a significant technological advantage over terrestrial defenses, including the formidable might of the United States military. 

The advanced weaponry of these extraterrestrial beings, comprising stronger materials, potent energy sources, and precise delivery systems, would render Earth’s defenses obsolete in the fa...

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Cardano Price Prediction 2024-2033: Is ADA a good investment?
Cryptopolitan (RSS)

Cardano Price Predictions 2024-2033

— Cardano Price Prediction 2024 – up to $1.14

— Cardano Price Prediction 2027 – up to $3.58

— Cardano Price Prediction 2030 – up to $11.39

— Cardano Price Prediction 2033 – up to $31.16

Cardano stands out as a project with remarkable potential beyond its role as a tradable asset. Rooted in scholarly peer-reviewed research, it has cultivated a robust community over time. Here, we delve into the essence of Cardano and offer a projection for the future value of ADA.

How Much is ADA Worth?

Today’s Cardano price is $0.7237, with a 24-hour trading volume of $901,131,969. Cardano is up 4.75% in the last 24 hours. The current CoinMarketCap ranking is 8, with a live market cap of $25,771...

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Circle and XRP Ledger community engage in talks over potential USDC support
Cryptopolitan (RSS)

Circle, a leading blockchain payments firm, has addressed inquiries about the potential integration of its USDC stablecoin with the XRP Ledger (XRPL). The XRP Ledger, known for its low transaction fees and robust security, hosts over 1,500 projects, drawing attention for its scalability and efficiency. Despite the attractiveness of XRPL and its status as one of the oldest secure networks, major stablecoins like USDC and Tether have not yet made their way onto the platform. This has sparked curiosity among blockchain enthusiasts and developers, leading to questions about the future presence of these stablecoins on XRPL.

The conversation gained momentum when Panos Mekras, a noted crypto author and XRPL developer, reached out to Circle. Mekras, the founder of the XRPL-based protocol Anodos, inquired about the absence of USD...

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AMD and TSMC: Power Players in the AI Gold Rush
Cryptopolitan (RSS)

The demand for artificial intelligence (AI) solutions is poised to skyrocket in the coming years, with the global AI market projected to exceed a staggering $1.8 trillion by 2030. Advanced Micro Devices (AMD) is positioning itself as a key player in supplying high-performance semiconductors to power this cutting-edge technology.

CEO Lisa Su anticipates a surge in sales of AI accelerators, specialized computing hardware that speeds up machine learning workloads, to reach $400 billion by 2027. While Nvidia currently dominates this space, accounting for about 95% of the AI chips on the market, AMD is making significant strides to capture market share.

AMD’s new MI300 accelerators, designed to power AI applications in data centers, integrate central processing units (CPUs), graphics processing units (GPUs), and ultra-fast memory to ...

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Significant decline in probability of spot Ethereum ETF approval by end of May: Reports
Cryptopolitan (RSS)

The probability of approval for a spot Ethereum Exchange-Traded Fund (ETF) by the end of May has seen a remarkable decline, according to data from Polymarket, a prediction platform. This downturn contrasts starkly with the optimism surrounding spot Bitcoin ETFs earlier in the year.

Polymarket’s findings reveal a substantial drop in the likelihood of a spot Ethereum ETF approval, plummeting to a mere 28%. This figure contrasts sharply with the optimistic 74% probability predicted on January 10, when the approval of spot Bitcoin ETFs set a bullish precedent.

SEC’s approval of spot Bitcoin ETFs

In January, the US Securities and Exchange Commission (SEC) approved 11 spot Bitcoin ETFs, igniting speculation regarding the potential approval of spot Ethereum ETFs. Notable asset managers, including ind...

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Gala Price Forecast: Key Resistance Breakout Sets $GALA Token Rally to $0.1
CoinGape (RSS)

Gala price forecast: GALA, a cornerstone of its NFT and gaming ecosystem, has recently witnessed a remarkable surge in its market value, drawing increased attention from investors and enhancing its role within the blockchain domain. This digital asset, crucial for managing transaction fees and rewarding node operators, has outshined many in the past month with its impressive market performance.

Gala Price Forecast: A Surge in Market Value Propels GALA to New Heights
Gala’s valuation has soared past the previously tough resistance mark of $0.0710. In the latest trading session, the Gala price escalated by more than 7%, reaching a notable ​​$0.06659. This surge has positioned Gala as the day’s standout performer in the altcoin category.

The market capitalization of Gala has a...

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WazirX CEO Teases Pi42 Exchange Native Crypto Launch: What’s In Store?
CoinGape (RSS)

WazirX CEO and Pi42 futures crypto exchange co-founder Nischal Shetty has sparked speculation within the cryptocurrency community by hinting at the possibility of Pi42 introducing its own native token. Moreover, the celebrated Pi42’s recent achievement of clocking $12 million in daily trade volume.

Will Pi42 Roll Out Native Token?
Shetty’s remark came in response to a user query on social media platform X where a user asked, “Can we expect Native currency for Pi42?” Shetty quoted the post and asked his followers, “Do you think Pi42 should bring its own native token?”

Such a move could offer various benefits, including price appreciation, reduced trading fees, rewards for staking, and referral bonuses. However, the potential introduction of a native token for Pi42 has garnered mixed reactions from users and...

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