The European Union has taken a step towards regulating artificial intelligence with the approval of its much-awaited AI Act. The new legislation, which aims to restrict the public use of AI applications considered high-risk, such as deepfakes and facial recognition software, will apply to all companies deploying such technologies in the 27 EU-member states. TLDR…
[PRESS RELEASE – Monaco, Monaco, May 27th, 2024] Memereum is a revolutionary platform that offers insurance services to protect the user’s digital assets. It pioneers the Web3 landscape by providing robust security measures, safeguarding the digital coins against potential loss of value or ruggedness. MemeSwap is a part of Memereum’s ecosystem, a DEX exchange offering…
Apple is gearing up to showcase its artificial intelligence (AI) capabilities at the upcoming Worldwide Developers Conference (WWDC) in 2024. Although the company may not have the most impressive AI features compared to its rivals, it is relying on its vast user base to gain an advantage in the AI race. TLDR Apple is expected…
Caitlyn Jenner, an American media personality and a former Olympic gold medal winner, has a new meme coin she’s promoting via her X account. Dubbed $JENNER, the token was launched on the Solana-based decentralized exchange (DEX), Pump.fun. Despite the suspicion from several crypto community members on X, the meme coin has soaked up a market…
Football icon Cristiano Ronaldo has announced the launch of his fourth non-fungible token (NFT) collection, set to release on May 29, 2024, in collaboration with cryptocurrency exchange Binance. The collection aims to celebrate Ronaldo’s illustrious career by featuring highlights from his football journey, appealing to the growing demand for unique digital assets in the NFT…
The recent approval of Ethereum (ETH) spot exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has sparked a surge in the cryptocurrency’s price, with ETH trading above $3,900 as of May 27, 2024. This bullish trend has been fueled by the anticipation of significant inflows into the newly-approved ETFs, as well as…
TL;DR Pepe (PEPE) reached a new all-time high of $0.00001717, while its market cap of over $7 billion positioned it as the 21st largest cryptocurrency. The asset’s 24-hour trading volume exceeded $1.8 billion, outperforming other meme coins like Dogecoin and Shiba Inu. PEPE Keeps Rising The frog-themed meme coin – Pepe (PEPE) – seems to have no…
The meme coin Normie (NORMIE), built on Ethereum’s Layer 2 network Base, has fallen victim to a smart contract exploit, leading to a staggering 99% drop in its token value. The attack, which targeted a vulnerability in the token’s tax function, allowed the attacker to manipulate Normie’s total supply, effectively draining its liquidity pools. TLDR…
After last week’s enhanced volatility that resulted in numerous massive pumps and dumps, bitcoin’s price has entered a consolidation phase, standing in a range between $68,000 and $69,000. Ethereum resumed its run after the approval of the spot ETH ETFs in the States, and it has reclaimed the $3,900 level. BTC Shaky at $69K The…
Caitlyn Jenner, the former Olympic athlete and reality TV star, has found herself at the center of a cryptocurrency controversy after her X and Instagram accounts promoted a new memecoin called JENNER. The sudden announcement of the token, launched on the Solana-based platform pump.fun, has sparked a heated debate within the crypto community about the…