Elon Musk has proposed establishing a Department of Government Efficiency (D.O.G.E.) under another Trump presidency. The initiative aims to streamline government spending, simplify administrative processes, and enhance the efficient use of taxpayers’ money. Former President Donald Trump has voiced support for Musk’s proposal, indicating he would appoint Musk to lead a government efficiency commission if The post Dogecoin surges 10% as Elon Musk names proposed government department DOGE appeared first on CryptoSlate.

Eigenlayer’s X account has been compromised, prompting a warning from blockchain security firm PeckShieldAlert. Users are urged to avoid clicking on phishing links from the account. The phishing attempt employs sophisticated tactics. The fraudulent link is obscured because X displays a preview image of the legitimate Eigenlayer website, including the official blog page URL. The The post Eigenlayer X account hacked taking advantage of platform design to hide scam link appeared first on CryptoSlate.

Cube, a hybrid exchange that settles trades on-chain using secure multi-party computation, has listed Access Protocol (ACS), a content monetization platform built on Solana. The listing follows Cube’s recent announcement of Isometric (ISO), an intent-based transaction network that aims to enable cross-chain trading without asset bridging. At the Solana Breakpoint conference, Cube’s CEO and co-founder The post Solana content tokenization grows with Cube listing of Access Protocol following Argentine government partnership appeared first on CryptoSlate.

According to its Q3 Commentary report, ARK Investment Management believes technological innovation, particularly in artificial intelligence and blockchain technology, could be pivotal in revitalizing the global economy. As inflation transitions to deflation in several sectors, ARK believes that its five innovation platforms, robotics, energy storage, AI, blockchain, and multi-OMIC (biological analysis) sequencing, may significantly impact The post Ark Invest calls blockchain and AI the key to revitalizing economy with deflation coming appeared first on CryptoSlate.

Bitcoin’s recent market activity reveals significant shifts in demand and accumulation patterns among large holders, suggesting potential influences on its price trajectory. The top cryptocurrency’s price surged from around $40,000 in January 2024 to above $70,000 by March before retracing. It has recently begun to again threaten $70,000, coinciding with notable increases in apparent demand The post Bitcoin accumulation fuels market uptick signaling potential surge in price appeared first on CryptoSlate.