The capital infusion comes as interest in AI surges. Gensyn said it would use the money to accelerate the start of the protocol and expand its workforce.
The venture capital firm plans to use the office, which will open later this year, to fund growth in the crypto and startup ecosystems in the U.K. and Europe.
Young people have been shown to be the biggest crypto adopters that also largely voted for the Democrats in the last election.
Over the past 24 hours, Stacks's (CRYPTO: STX) price rose 5.89% to $0.66. This continues its positive trend over the past week where it has experienced a 9.0% gain
The European Union’s Markets in Crypto-Assets (MiCA) regulation has reached a significant milestone as it was published in the Official Journal of the European Union (OJEU) on June 9.
A recent analysis revealed that the largest cryptocurrency by market cap, Bitcoin, has exhibited a massive fall in May, after reaching the 11-month high of $30,000.
Despite the ongoing crypto winter, the TRON (TRX) blockchain achieved a remarkable milestone yesterday, reaching a new all-time high in daily transactions with a staggering 10,935,762 transactions processed.
The Winklevoss-owned crypto exchange Gemini has announced that it has begun the process of acquiring a crypto service license for customers in the United Arab Emirates (UAE).
The European Union has reached a significant milestone in cryptocurrency regulation as it formally enacted the Markets in Crypto Assets (MiCA) regulation, positioning the bloc as a pioneer in tailored rules for the sector.