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What Happened In Crypto This Week
The cryptocurrency market has been a whirlwind of activity this past week, with significant developments across various aspects of the industry. Trump’s administration re-entered the White House in January, bringing new opportunities and challenges for the sector.
One notable incident was Coinbase CEO Brian Armstrong’s statement regarding the Securities and Exchange Commission (SEC) reappointing Crenshaw as chair. Armstrong expressed his disappointment, stating that Crenshaw “tried to block Bitcoin ETFs” and was even worse than Gary Gensler on certain issues.
Separately, Injective Labs announced a collaboration with Sonic to build the first cross-chain artificial intelligence (AI) agent hub. The AI platform will be built using Sonic’s HyperGrid technology and Inter-Blockchain Communication Protocol (IBC), enabling seamless communication across various blockchain networks.
The Smart Agent Hub is expected to provide developers with the tools to create, deploy, and monetize AI-powered agents throughout the decentralized ecosystem. This innovation could significantly enhance interoperability among different blockchains, fostering growth and creativity in the crypto space.
In other news, Injective and Sonic’s partnership will be instrumental in creating a seamless cross-chain AI agent hub.
Source: coinjournal.net
