Saturday, December 6

Crypto

Cocoon Decentralized AI Network Launches on the Open Network (TON)

The Cocoon decentralized AI network, a privacy-preserving distributed computing platform built on The Open Network (TON) — an independent layer-1 blockchain associated with the Telegram messaging application — went live on Sunday.Cocoon allows owners of graphics processing units (GPUs) to…

BlackRock Calls .3 Billion IBIT Outflows in November ‘Perfectly Normal’

BlackRock’s spot Bitcoin exchange-traded fund (ETF) closed November under pressure after experiencing heavy withdrawals, but the asset manager remains confident in its long-term outlook for the product.Speaking in São Paulo, BlackRock business development director Cristiano Castro said the company’s Bitcoin…

Ether Eyeing .2K As Stablecoin Yields Remain Low: Santiment

Ether’s price may rise nearly 7% in the near term, as subdued stablecoin yields suggest the crypto market has yet to reach overheated conditions, according to crypto sentiment platform Santiment.“Currently, yields are low, around 4%. This indicates the market has…

Hyperliquid Team Confirms 1.75M HYPE Tokens Unlocked Today

The team behind the Hyperliquid decentralized exchange (DEX) disclosed a 1.75 million HYPE token unlock for its developers and core contributors on Saturday, valued at over $60.4 million at the time of this writing.Saturday’s token unlock was previously announced and…

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