Top Crypto Events in the Last 24 Hours! PIN AI, Bitcoin Mining Milestone, & More!

here are the top events in crypto for the past 24 hours pin aai is creating a decentralized platform for personal AI focused on privacy and data ownership by combining on device AI with external Services it delivers personalized experiences while keeping user data secure the platform uses blockchain for secure transactions and decentralized storage enabling developers to build useful AI applications in an open ecosystem the stablecoin market has surged to 170 billion marking its highest level since May 2022 with analysts predicting a strong Bitcoin rally due to increased liquidity and declining exchange reserves this growth is driven by top stable coins like usdt usdc and Dai accounting for 94% of the market Bitcoin mining difficulty has hit a new all-time high of 92.7 trillion following a record hash rate of 694 EHS as more miners ramp up their operations despite Revenue declines after bitcoin's recent Hing event this rise in difficulty reflects increased competition among miners requiring more computational power to mine new blocks LR bet is launching its decentralized sports betting app on the monad layer 1 blockchain offering users up to 5x leverage on bets setting it apart from traditional platforms like FanDuel with blockchain technology LR combines Perpetual swaps and real-time oracles to provide accurate odds and tokenized betting positions coinbase launched CBBC a wrapped Bitcoin alternative on ethereum and base networks allowing users to use Bitcoin in defi applications backed Ono one by Bitcoin CBBC competes with wbtc and can be used on platforms like Avi and curve with plans for future expansion Beacon a leading web 3 accelerator has launched its largest cohort yet featuring 17 companies across sectors like defi AI and infrastructure backed by Major VCS this cohort aims to drive web 3 Innovation notable participants include aligned layer nubit and pin AI that wraps up today's top crypto events stay tuned for more updates and don't forget to subscribe for your daily dose of crypto news

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