Jenny Johnson, the CEO and President of Franklin Templeton, a financial firm with $1.6 trillion in assets under management, recently reiterated her pro-blockchain stance during an interview with Bloomberg anchor David Westland during the 27th Annual Milken Institute Global Conference in California. Among the hot topics discussed by the two, Johnson had plenty to say on the…

Bitcoin is replicating the same path as it did after the 2016 Bitcoin halving event, with one indicator signaling it may be nearing its local bottom and another indicating it reaching $350,000 during “the peak” of this cycle, according to crypto traders. “Bitcoin has repeated 2016 history perfectly, offering a downside wick below the bottom of…

The price of Telegram-linked Toncoin (TON) cryptocurrency has rebounded by approximately 50% month-to-date—including a 15% jump in the last 24 hours—to reach $7.10 on May 10, its highest level in three weeks. Toncoin has outperformed the broader crypto market, whose valuation has bounced by 15% in the same period. This performance indicates that, although Toncoin’s movements…

The International Monetary Fund (IMF) has recommended that Nigeria license global cryptocurrency exchanges as a part of its economic reformation measures. According to a recent IMF report, the bid to integrate cryptocurrencies into its financial system aims to secure Nigeria’s position in the African cryptocurrency market. It recommends that “global crypto trading platforms be registered or…

Ethereum restaking protocol Eigenlayer has launched its token-claim process, or “airdrop,” for Season 1, Phase 1 rewards, according to a May 10 blog post from the protocol’s development team. The claims process will allow users who are owed the new EIGEN token to finally acquire it, after weeks of waiting. However, EIGEN is currently nontransferable,…

Ethereum layer-2 blockchain Starknet will soon allow artificial intelligence (AI) agents on its blockchain that can autonomously perform on-chain activities for users, such as optimizing yield and re-allocating portfolios. Giza — a firm aiming to bring AI to blockchains — raised $3 million in a pre-seed round led by CoinFund in July 2023 and is…