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Over the last fortnight, $FET has been quietly beating any other digital asset tied to AI among crypto's biggest 100 by market capitalization.
Quick Take Oregon man Sam Ikkurty was accused of defrauding investors from a purported “crypto hedge fund” that allegedly ran like a Ponzi scheme. The CFTC alleges that Ikkurty failed to return the promised “net profits” to investors and failed to mention that the fund’s performance fell 98.99% within months.
Share link:In this post: Volkswagen integrates ChatGPT into 2025 models for enhanced voice assistant capabilities. ChatGPT-powered IDA assistant offers natural, conversational interactions in VW vehicles. Volkswagen’s new AI-driven voice assistant prioritizes user privacy and security.
Share link:In this post: SunPump on Tron is quickly outpacing Pump.fun on Solana in daily revenue and user engagement. SunPump launched 46,000 tokens in just over a month, while Pump.fun has deployed 193,000 since December 2023. SunPump’s recent surge in activity includes launching 7,471 tokens in a single day.
Quick Take Bitcoin fell 4.5% in the past 24 hours to change hands at around $56,696 at the time of writing, while ether slid 6.4% to trade at $2,366. Japan’s TOPIX and South Korea’s KOSPI indexes were down over 2% this morning in Asia after Wall Street plummeted on weaker ISM data in the U.S.
- 05:28Data: Altcoin Season Index Rises to 27, 27 Projects Outperform Bitcoin in 90 DaysAccording to ChainCatcher, data from Coinmarketcap shows that the Altcoin Season Index is currently at 27, having previously dropped to 22 on May 17. This index indicates that in the past 90 days, approximately 27 out of the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin.
- 05:27Crypto Asset Management Firm Blockrise Completes €2 Million Seed Funding RoundRotterdam-based crypto asset management company Blockrise announced the completion of a €2 million seed round of financing, with participation from Golden Egg Check Capital. The new funds are intended to prepare for the implementation of the European crypto asset market regulation and to strive for obtaining the MiCAR license for crypto asset market regulation from the Dutch Authority for the Financial Markets (AFM). The company expects to launch a Series A round of financing by the end of the year and expand its Bitcoin custody and asset management platform.
- 04:01A certain whale/institution sold 184.4 WBTC through WintermuteAccording to on-chain analyst Ember's monitoring, after a whale/institution sold 30,000 ETH through Wintermute OTC yesterday, today another whale/institution (or possibly the same one as yesterday) sold 184.4 WBTC through Wintermute. They transferred 184.4 WBTC to Wintermute 3 hours ago and received 20.4 million USDC from Wintermute 20 minutes ago, resulting in a sale price of $110,425.