Tether – the company behind the largest stablecoin – announced the launch of USDT on Kava (a layer 1 proof-of-stake blockchain network). Following the latest development, the token is now live on over a dozen networks, including Ethereum, NEAR Protocol, Solana, Tron, Algorand, and more. The stablecoin issuer praised Kava network for its scalability and speed, saying it will be the next blockchain where USDT will circulate. Paolo Ardoino – CTO at Tether – thinks the initiative...
Read More »Tether (USDT) Launches on Kava L1 Blockchain, KAVA Price Jumps More Than 10%
Kava layer one blockchain joins other chains – like Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, and Tron – that support USDT. The leading United States dollar-pegged stablecoin, Tether (USDT) has found a new channel to mainstream adoption through the Kava network, a layer one (L1) blockchain that was designed with scalability and speed in mind. According to the announcement, Tether USDT will work closely with the Kava blockchain to reshape the future of decentralized finance....
Read More »Bitcoin Shoots Up as Inflation Slides a Tad
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin endured a slight rise in mid-May after numbers emerged suggesting inflation was potentially easing up. Inflation May Be Dying Down a Bit Regions like the U.S. and the U.K. have been subjected to the highest inflation seen in roughly 40 or 50 years. Things like gas prices, food prices, and the costs of...
Read More »Crypto Rush – The Grand Casino Event on BetFury for $800 000
[PRESS RELEASE – Please Read Disclaimer] BFG is the native currency of the BetFury. Platform users mined the last BFG token recently. Hence, in honor of the end of BFG Mining, BetFury is holding a grand Crypto Rush event with the $800 000 prize pool. The event starts on June 21 and consists of many profitable activities. Crypto Rush for $800 000 Crypto Rush is a huge event dedicated to chasing BFG after the end of Mining. The total prize pool is 50 000 000 BFG (about...
Read More »Coinbase Takes Preemptive Legal Measures to Navigate Regulatory Storm
In addition to recruiting top-tier lawyers to bolster its defense, Coinbase has also filed “amicus briefs,” commonly known as friend-of-the-court briefs. In the face of intensified regulatory scrutiny within the cryptocurrency industry, Coinbase Global Inc (NASDAQ: COIN), a prominent American digital assets service provider, took a strategic legal approach to proactively influence court rulings in unrelated cases before becoming the primary target of a US crackdown. According to a recent...
Read More »After BlackRock: Two More Asset Managers File to Launch a BTC ETF in the US
Invesco – an American investment company with over $1.4 trillion of assets under management – reactivated its attempts to launch a Bitcoin Spot exchange-traded fund (ETF) in the United States. WisdomTree – another US finance giant – submitted a similar application to the SEC. The latest efforts come a few days after the world’s largest asset manager filed with the securities regulator to introduce a BTC Spot ETF in the States. Invesco Rejoins the Race Eric Balchunas –...
Read More »Sam Bankman-Fried Wants 10 Criminal Charges Tossed Out
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Sam Bankman-Fried – the former head of the digital currency exchange FTX, which collapsed into a burning heap of bankruptcy and fraud last November – is asking the judge overseeing his case to dismiss most of the criminal charges against him. Bankman-Fried Seems to Imply Things Are Rigged Against Him Right now,...
Read More »Bitcoin (BTC) Price Shoots to $29,000 amid Flurry of Bitcoin ETF Applications
The Bitcoin price rallied soon after the spot BTC ETF applications by WisdomTree and Invesco on Tuesday. Bitcoin extends its market dominance to 50% of the overall crypto market. Over the last 24 hours, the world’s largest cryptocurrency Bitcoin (BTC) has seen its price shoot by a staggering 8% moving closer to $29,000 levels. As of press time, BTC is trading at $28,884 with a market cap of $560 billion. The recent catalyst to the BTC price surge has been a flurry of applications for the...
Read More »Opera Launches Opera One with Native Browser AI Integration
Opera has launched Opera One, integrated with the first native browser AI Aria. The browser is available for download on Windows, Mac, and Linux. Aria offers both web and browser capabilities. Opera has announced the Opera One browser, which includes a native integrated browser AI named Aria. The software is the 100th version of the Opera browser, and it is also the first browser with a native integrated browser AI. This marks a major evolution in the company’s services, especially because...
Read More »Ant Group Confirms Reports about Its Own AI Large-Language Model
Reports in Chinese media about an Ant Group LLM for AI have been confirmed by the company, however, without any additional details. Alibaba affiliate company Ant Group is working on its own large-language model (LLM) to join the AI race. Ant Group confirmed stories reported by Chinese publications about an in-house LLM named Zhenyi. Since artificial intelligence became popular, most tech giants and other industry behemoths have been hustling for a seat at the table. In the last three...
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