Author: MNK News
While there have been multiple attempts over the years at building “crypto cities” — special zones that rely on blockchain technology to function —most experiments have failed, and crypto executives think they know why. One of the more recent high-profile projects was Akon City, the brainchild of Senegalese-American singer Akon. Announced in 2018, it was supposed to be a $6 billion smart city with a crypto-powered economy, but was officially abandoned in July.Satoshi Island, a project to acquire an entire island near Vanuatu, launched in 2021 with the aspiration of creating a home for crypto professionals within a blockchain-based economy. Its…
While there have been multiple attempts over the years at building “crypto cities” — special zones that rely on blockchain technology to function —most experiments have failed, and crypto executives think they know why. One of the more recent high-profile projects was Akon City, the brainchild of Senegalese-American singer Akon. Announced in 2018, it was supposed to be a $6 billion smart city with a crypto-powered economy, but was officially abandoned in July.Satoshi Island, a project to acquire an entire island near Vanuatu, launched in 2021 with the aspiration of creating a home for crypto professionals within a blockchain-based economy. Its…
The broader crypto market is currently navigating a phase of uncertainty, with concerns mounting over the possibility of a new bear market. A recent analysis by Barchart analyst Rob Isbitts highlights three significant signals suggesting that a deeper retreat in crypto prices may be on the horizon. Emerging Correlations Among Crypto Prices The report points to notable trends observed in April of last year, when a 50% increase followed the launch of several spot Bitcoin exchange-traded funds (ETFs_. Specifically, BlackRock’s IBIT fund which boasts over $85 billion in assets under management, subsequently experienced a decline of approximately 25%. A similar…
Actor Bryan Cranston has led the effort to get OpenAI to agree to work closer with Hollywood union SAG-AFTRA after the company released its artificial intelligence video making software Sora 2, that raised alarm bells over theft of copyrighted material. Immediately upon the release of the AI video maker, videos popped up using copyrighted material such as Star Wars and Pokémon. And many actors, studios, and copyright holders quickly expressed their worries that Sora 2 would make unlawful use of copyrighted material all too common. The ease with which Sora 2 can repurpose other people’s art and images caused an…
Growing demand for AI infrastructure has helped boost the prospects of the AI data center operator Applied Digital and an AI semiconductor provider, Broadcom.The Washington Post via Getty ImagesIt’s tough to say for sure which growth stocks will be winners without a crystal ball. But investors may wish to consider investing in AI data center operator Applied Digital, AI semiconductor provider Broadcom and the pharmaceutical company Eli Lilly. These three companies have solid prospects for gains in addition to some better-known companies, such as Nvidia and Palantir. Applied Digital, Broadcom and Lilly have the potential to rise in the short…
The Dogecoin price may be preparing for a powerful breakout after a long period of sideways trading and consolidation. A recent market outlook suggests that DOGE is forming a bullish structure that could lead to a strong upward move. However, analysts warn that the best buying opportunities remain limited to specific lower price levels before the next major rally begins. Chart Pattern Signals Dogecoin Price Breakout Toward $0.5 Market analyst Elite Crypto noted in a recent post on X social media that the Dogecoin price appears to be forming a major breakout pattern, signaling a potential upward move ahead. The…
MetaMask, Phantom, and other major crypto wallets have partnered with the Security Alliance to launch a global phishing defense network as crypto phishers stole over $400 million in the first half of 2025. “We’ve joined forces to launch a global phishing defense network that can protect more users across the entire ecosystem,” said the MetaMask team on Wednesday.SEAL stated that the new defense network would “allow us to create a decentralized immune system for crypto security where anyone from around the world can prevent the next major phishing attack.”The “decentralized immune system” includes MetaMask, Phantom, WalletConnect, and Backpack. It will operate in…
Mariana Tek’s 2026 Report shows boutique fitness entering a smarter, steadier phase, with attendance on track to surpass pre-pandemic levels and many studios planning to open new locations Boutique fitness has grown up. The playlists are still loud, the lighting’s on point, but the rhythm has changed. While the fitness industry is built on defying age, this kind of aging is a good thing. That’s the takeaway from Mariana Tek’s 2026 Boutique Fitness Industry Report. The boutique fitness software platform from Xplor Technologies points to a category that’s more strategic, more tech-savvy and finally hitting its stride. Class prices increased…
Improving crypto regulatory clarity has triggered a 125% surge in global retail crypto transactions for two years in a row, according to TRM Labs. Worldwide retail crypto transactions rose by more than 125% between January and September 2025, echoing similar growth seen in 2024, according to the blockchain intelligence firm in its Crypto Adoption and Stablecoin Usage Report on Tuesday.Most activity was tied to practical use cases such as payments, remittances, and preserving value in volatile economic conditions, showing individuals are playing an increasing role in shaping the industry’s evolution.“As the ecosystem has matured, however, the footprint of crypto activity has…
Binance Coin (BNB) has fallen sharply this week, sliding 5% in the past 24 hours and over 12% in the last seven days, as new scam alerts and a high-profile memecoin rug pull shake confidence in the BNB Chain ecosystem. The token currently trades around $1,060, marking its lowest level in nearly a month. The downturn comes as Binance co-founders Changpeng “CZ” Zhao and Yi He warn investors about a wave of phishing scams and fake memecoin airdrops spreading through social media. Related Reading In one of the most damaging incidents, the official X (formerly Twitter) account of BNB Chain,…