An Ethereum-based gaming network called Xai has filed a federal lawsuit against Elon Musk’s xAI, alleging trademark infringement and unfair competition. Ex Populus, the company behind Xai, claims that Musk’s brand has caused widespread confusion, and that the damage has been magnified by his company’s recent entry into the gamingContinue Reading

Bitcoin has plummeted nearly 9% from its all-time high of US$124,457 reached on 14 August, now trading at approximately US$112,733. Major cryptocurrencies including Ethereum, XRP and Solana have all suffered significant losses of 7-8% over the past week. Institutional investors are hedging their bets with massive ETF liquidations, including US$925.7Continue Reading

Bitwise CIO Matt Hougan projects Bitcoin to be the top-performing asset over the next decade. He forecasted 28.3% annual growth between 2025 and 2035; highlighting a strong diversification potential. Institutional interest is rising as spot ETFs and platform approvals bring new demand into the market. In the latest Weekly CIOContinue Reading