Author: cointechies

Jetking Infotrain, a leading Indian IT training company, saw its shares surge 113% in just over two weeks following its groundbreaking move to adopt Bitcoin as a primary treasury asset. This massive increase in stock prices came after the company announced on December 9, 2024 that it had purchased 12 Bitcoins worth approximately $1.2 million, representing over 11.04% of its market value. Since the announcement, Jetking’s stock has reached new heights, driven by investor optimism about the company’s innovative move. With a current market valuation of approximately $9.2 million. Jetking’s decision to use Bitcoin highlights the growing trend of technology…

Content: Russia’s central bank will launch a new AI platform to prevent illegal financial and crypto activities, particularly unregulated over-the-counter crypto-to-fiat (OTC) services. This action involves working with Rosfinmonitoring and various other financial institutions to track and block suspicious transactions to prevent misuse of banking systems. The platform will focus on identifying individuals known as “mules” or “droppers” who use bank accounts for illegal purposes such as money laundering, drug trafficking and unregulated cryptocurrency exchanges. According to reports, the new system will include information about irregular transactions and perform AI data analysis and real-time monitoring to actively identify high-risk accounts.…

Bitget, a leading cryptocurrency exchange and Web3 solutions provider, has announced the merger of its two native tokens – Bitget Token (BGB) and Bitget Wallet Token (BWB). The move comes in response to strong community demand and aims to consolidate both tokens into a single utility token, BGB. This unified token will power the entire Bitget ecosystem and span both its exchange and wallet services. Bitget is one of the world’s top three centralized exchanges (CEXs) by trading volume and offers a full range of services including pre-market, spot, margin and futures trading. Bitget Wallet is now one of the…

As the Pi Network prepares for its highly anticipated Open Network launch in the first quarter of 2025, the focus is shifting to ensuring as many pioneers as possible are ready to migrate to mainnet. A key part of this effort is the importance of completing Know Your Customer Verification (KYC) prior to launch, a process critical to full participation in the Pi ecosystem. Why KYC is important for the open network KYC is an essential step to ensure that Pi Network’s transition to the Open Network is as smooth and inclusive as possible. By completing the KYC process, pioneers…

GT Protocol has announced an exclusive partnership with AgentsGPT aimed at transforming automated interactions in the Web3 domain. This collaboration aims to combine their respective expertise to improve decentralized AI ecosystems, with a focus on intelligent automation and decentralization in the ever-evolving Web3 space. The partnership represents a significant step forward in shifting traditional digital interactions towards AI-driven and decentralized experiences. GT Protocol highlighted AgentsGPT’s innovative approach to artificial intelligence as a key factor in choosing the platform as a collaboration partner. AgentsGPT specializes in allowing users to create live streaming AI agents and launch tokens tied to those streams,…

Leading American crypto IRA platform iTrustCapital recently highlighted the upcoming launch of XRP ETFs and shared key insights to inform investors about this potential development. Following the approval of several Bitcoin and Ethereum spot ETFs earlier this year, investors speculated that XRP could be the next token to receive the SEC’s blessing for an ETF. This speculation has gained momentum recently as several asset managers have filed separate applications to launch XRP-pegged ETFs. Bitwise became the first asset manager to file an S-1 with the SEC for a spot XRP ETF on October 2nd. Subsequently, Canary Capital followed suit and…

Soon Chain, an AI-driven Layer 2 (L2) platform, has announced a strategic partnership with Vanar Chain aimed at improving blockchain accessibility and driving wider adoption. This collaboration aims to make blockchain technology more inclusive and user-friendly while prioritizing sustainability. Details of this initiative were shared via Soon Chain’s official social media channels. The partnership uses renewable energy from Google’s data centers and positions itself as an environmentally conscious alternative to traditional blockchain operations. By integrating these energy-efficient practices, the two platforms are working towards a more sustainable blockchain ecosystem that caters to businesses, developers and end users alike. Key features…

Next Trust, a blockchain-focused startup, has launched an innovative platform designed to ensure fairness and transparency in voting for casting programs. The platform, known as MyStappik, uses blockchain technology to address issues of election manipulation, an issue that has previously undermined public trust in such contests. The company was founded in 2019 by Lee Min-jae, a former international fund manager. Lee explained that his exposure to blockchain technology throughout his financial career inspired him to develop a service that could have a tangible impact on the public. He noted that as audition programs became more popular, the need for reliable,…

Strive, an asset management firm founded by Vivek Ramaswamy, has filed with U.S. regulators to launch an exchange-traded fund (ETF) focused on convertible bonds issued by MicroStrategy and other companies involved in Bitcoin investments. According to a Dec. 26 filing, the ETF, known as the Strive Bitcoin Bond ETF, aims to provide exposure to “bitcoin bonds,” which are convertible securities issued by firms such as MicroStrategy and use the proceeds to purchase Bitcoin. Source: X The actively managed ETF invests directly in these bonds or uses financial derivatives such as swaps and options to gain exposure. Although Strive has not…

The decentralized gaming sector has seen a remarkable development with the announcement of a collaboration between Panda Titan and KingdomX. The goal of this partnership is to integrate innovative GameFi concepts with immersive Metaverse experiences, setting new standards in blockchain gaming. By combining their unique strengths, the two platforms aim to expand the horizons of decentralized gaming and provide players with enriching experiences. Panda Titan is a well-known name in the GameFi industry, offering a robust intellectual property framework that goes beyond traditional gaming. The platform combines blockchain technology with Metaverse functionalities and positions itself as a versatile solution for…