Alpen Labs Raises $8.5 Million to Advance Development of Bitcoin ZK Rollup Strata

Strata will launch as an open platform that introduces easy and scalable self-custody while facilitating the use of bitcoin. New Funding to Accelerate Development of Bitcoin ZK Rollup Strata Alpen Labs, a bitcoin infrastructure company announced that it has completed an $8.5 million strategic financing led by the Cyber Fund and DBA. The biggest investors … Read more

Meta’s AI influencers threaten the creator economy more than TikTok ban

Meta’s AI influencers on Facebook and Instagram risk restructuring the creator economy. Some analysts even believe the product poses a larger threat than the TikTok ban. According to Kyla Scanlon, Bloomberg’s opinion contributor, Meta AI’s generated content will flourish but might come at the cost of human livelihoods. Meta introduces AI influencers, which could push … Read more

Bitcoin and Stablecoin Trends Hint at Potential Market Shifts Amid Declining Trading Activity

The cryptocurrency market is currently experiencing a drastic downturn, characterized by historically low trading volumes and sharply reduced capital inflows. As trading activity dropped to levels not seen since November, investors are expressing caution amid macroeconomic uncertainties. “The current stagnation in crypto trading could foreshadow a potential rebound once market sentiment improves,” COINOTAG analysts suggested. … Read more

Meta Receives Proposal to Replace $72B Cash and Bonds with Bitcoin to Combat Inflation

Ethan Peck, a shareholder of Meta, officially submits a proposal urging the social media company to consider adding Bitcoin to its treasury.  Peck submitted the proposal on behalf of his family, which owns shares in Meta. Tim Kotzman, the CEO and founder of Jubilee Royalty, shared the development over the weekend on X.   Meta Urged … Read more