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Chimpzee Burns 1 Billion More CHMPZ Tokens, New Raise Goal Announced


Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The Chimpzee (CHMPZ) project is achieving remarkable strides in its endeavors, and the upcoming debut of the Chimpzee shop is further fueling the anticipation. With its launch just around...

US Mulls Tighter Restrictions on AI Chip Shipments to Chinese Firms, Report


The government in Washington is reportedly considering further limiting China’s access to U.S. processors used in artificial intelligence (AI) applications. The current restrictions, which were introduced last year, allow Chinese companies to source the chips through overseas subsidiaries....

NFTs Can’t Catch a Break as Protracted Drop in Sales Continues


For the seventh week straight, non-fungible token (NFT) sales have slipped further. In the last week alone, NFT transactions totaled $66.11 million, marking an 11.65% decline from the previous week. NFT Sales Bleed Out: The Unrelenting Seven-Week Descent Although the broader crypto market...

Paypal Selects Crypto.com as ‘Preferred Exchange’ for PYUSD Stablecoin


Paypal has chosen Crypto.com as the “preferred exchange” for its recently launched stablecoin issued by the blockchain company Paxos. The partnership with the trading platform seeks to prop the U.S. dollar-pegged cryptocurrency which has already listed the coin and provides liquidity for...

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