Tether shuns blockchain launch, cites market concerns
Tether’s decision to avoid launching its blockchain stems from the crowded market and strategic alignment with existing platforms.
Month: August 2024
Fetch.ai launches Innovation Lab with $10M fund for startups
Fetch.ai is opening an Innovation Lab in San Francisco for early-stage startups working with AI agents.
Binance Unveils Plan to Hire 1,000 Employees This Year, Prioritizing Compliance Amid Regulatory Pressure
Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200...
AI Coding Tool Cursor Raises $60 Million at a $400 Million Valuation
Cursor, an artificial intelligence (AI) company that seeks to “create a magical tool with the aim of writing all of...
China and Russia Push for Increased Local Currency Use in Trade, Deepen BRICS Cooperation
China and Russia solidified their cooperation in currency, finance, and within the BRICS framework following a meeting between Chinese Premier...
India Expected to Release Consultation Paper on Cryptocurrency Regulations in Coming Months, Report
The Indian government, through a panel headed by the Secretary of the Department of Economic Affairs (DEA), is expected to...
Nigerian Firms Forecast Further Naira Depreciation
A recent Central Bank of Nigeria survey reveals that Nigerian businesses expect the naira to weaken further before strengthening in...
Nigerian Central Bank Affiliate Partners With Blockchain Startup Zone to Boost Payments
The Nigeria Inter-Bank Settlement System (NIBSS) has partnered with Zone, a decentralized payment infrastructure company, to improve its payment services....
Bitcoin Blasts to $64,853—Powell’s Rate Cut Hints Lift Entire Crypto Market
Bitcoin reached an impressive peak of $64,853 per unit on Friday, spurred by U.S. Federal Reserve Chair Jerome Powell’s speech...
National Power Administration of Paraguay Seizes 693 Miners in Illegal Bitcoin Mining Operation
The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining operation hosting 693 miners....
2018 fraud case could hold key to Solana ETF approval: VanEck exec
Analysts think Solana ETF approvals are unlikely for now, though VanEck’s head of digital assets suggests there’s still a way.
Solana TVL hits near 1-year high — Will SOL price follow?
The total value locked on Solana surged but is this enough to send SOL price to a new all-time high?
Crypto advocates file brief against SEC’s investor tracking database
The Consolidated Audit Trail would gather a monumental amount of data, and more than it is meant to when it...
Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market...
PleasrDAO files preliminary injunction against Martin Shkreli
In 2021, PleasrDAO acquired “Once Upon A Time in Shaolin,” a one-of-a-kind musical album by Wu-Tang Clan, for $4.75 million.
