Eric Chen

A new report has revealed a startling trend in the cryptocurrency market: 76% of influencers on X (formerly Twitter( promoting meme coins are endorsing tokens that eventually lose nearly all their value. What Happened: The study, by CoinWire, analyzed 1,567 meme coins promoted by 377 influencers,...

Stablecoins are expanding beyond crypto trading and will soon impact broader financial systems, according to Eric Chen, CEO of Injective Labs, What Happened: In an interview with Benzinga, Chen emphasized stablecoins are set to transform industries by addressing inefficiencies in mainstream...

As global banks face turmoil, Bitcoin (CRYPTO: BTC) has been experiencing an astonishing rally and its proponents are already looking ahead to the coin's next significant milestone of $30,000.  Since March 8, when problems first surfaced around SVB Financial Group's (NASDAQ:...

Layer 1 blockchain Injective launched a $150 million ecosystem fund to “accelerate developer adoption” for optimized financial applications. What Happened: Injective’s new fund is supported by notable Web3 and traditional finance organizations which the company said...

Taiwan Semiconductor Manufacturing Company (NYSE: TSM) could enjoy a healthy 2014, thanks to Apple (NASDAQ: AAPL). The Cupertino, California-based tech giant is reportedly shifting a chunk of its A-series processor production from Samsung (OTC: SSNLF) to TSMC. According to the Taipei Times (...