Paxos Unveils New Payment System: Revolutionizing Transactions
Paxos, a fintech company focused on building blockchain and digital asset infrastructure, has launched a new platform designed for stablecoin transactions.
BlackRock’s Larry Fink Compares Crypto Rise to the Mortgage Boom
BlackRock CEO Larry Fink made some intriguing remarks about the crypto industry during a Q3 earnings call, as shared on X by Bloomberg senior ETF analyst Eric Balchunas.
Ripple Announces Key Partners for RLUSD Stablecoin
Ripple, a leading digital asset infrastructure provider, has announced its partners for the launch of the RLUSD stablecoin. Bitstamp, Uphold, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish will be collaborating on this initiative. Market makers B2C2 and Keyrock are also on board to support RLUSD’s liquidity.
Google Goes Nuclear: The Future of Energy for Data Centers
Google has signed the world’s first corporate agreement to purchase nuclear energy from several small modular reactors (SMRs) developed by Kairos Power.
Say Goodbye to SMS: Telegram Introduces New Verification Method
Telegram, the popular messaging platform, has unveiled Telegram Gateway, a new feature designed to streamline phone number verification for online services.
Hyperliquid Plans to Airdrop HYPE Tokens Before HyperEVM
Hyper Foundation announced the upcoming airdrop of HYPE, a native token for the Hyperliquid blockchain ecosystem. Eligible users will receive the tokens in their wallets at the Genesis Event, with the final date to review and accept the event’s terms set on November 11, 2024.
U.S. Weighs Restricting AI Chip Exports to Some Countries
The U.S. government is considering imposing limits or even a full ban on the sale of Nvidia, AMD, and other U.S.-produced AI chips to certain regions, particularly the Gulf states (United Arab Emirates, Saudi Arabia, Qatar, among others).
Sui Under Fire: Insider Trading or Misunderstanding?
The Layer 1 blockchain Sui is at the center of a controversy following allegations of insider trading. Some users allege that insiders connected to the project managed to make substantial profits from a surge in SUI’s price, selling their tokens just before the broader market correction.
Tether Targets Commodity Lending—A New Era for USDT?
Tether Holdings Ltd continues to roll out ambitious plans to broaden its influence. As a major player in the crypto market and the leading stablecoin issuer, the company is now shifting its focus towards traditional financial markets.
Indian Banks Raise Red Flags: AI Threatens Financial Stability!
The rapid integration of artificial intelligence and machine learning into global finance is becoming a potential threat to financial stability, requiring bankers to upgrade their risk management strategies.
Kamala Harris Backs Black Crypto Investors
Throughout her campaign, Kamala Harris, a Democratic Party candidate, had not made her stance on cryptocurrencies clear. But on Monday, October 14, she broke her silence, expressing a clear endorsement of digital currencies.
Buterin Turns Meme Coins Into $1.6 Million for Charity
Between October 4 and 13, Vitalik Buterin, co-founder of Ethereum, raised 1,100 ETH (roughly $2.78 million) by selling various meme coins that were gifted to him. Of that amount, 360 ETH ($884,000) has already gone to charity.
Firefly by Adobe Enters the Ring with OpenAI and Meta
At the Adobe MAX event on October 14, Adobe (San Jose, California) unveiled an expansion to its Firefly AI tool suite.
Quantum Computer Broke Encryption for the First Time
A research team from Shanghai University executed the first successful quantum attack on encryption algorithms. In the paper “D-Wave Advantage,” the team wrote they could crack classic encryption algorithms using a computer from Canada’s D-Wave Systems.
Uniswap’s Economy Is About to Change: Research Says
The economy of Uniswap, a leading decentralized exchange, is about to change. Michael Nadeau, the founder of the blockchain research services The DeFi Report, wrote on X that the platform and UNI token holders will begin to benefit from network activities.
Bitcoin Searches Hit a Low, Memecoins on the Rise
Google Trends data shows that searches for “Bitcoin” have dropped to a 12-month low, scoring just 27 out of 100. The search interest peaked (100 points) in March 2024.
AI Masterminds Crypto Market Manipulation—Here’s How
The AI bot “Truth Terminal,” backed by a16z, has been the driving force behind the sharp surge of the relatively unknown meme token GOAT. In just a few days, GOAT skyrocketed by nearly 1000%, pushing its market cap to $150 million.
Ethena Labs Gears Up for Major USDe Reserve Boost
The Ethena Labs community has proposed using Solana (SOL) as collateral for the synthetic stablecoin USDe, which is backed by hedged trades and reserves. This initiative is now under review by the independent Ethena Risk Management Committee, which has seven days to evaluate the proposal.
MicroStrategy’s Next Move: Bitcoin Bank?
In an interview with Bernstein analysts, Michael Saylor made it clear that MicroStrategy’s long-term goal is to become a major Bitcoin bank. He also predicted that the company could one day be valued in the trillions.
Justin Sun Joins the Political Stage!
Justin Sun Secures a Place in Liberland’s Government Justin Sun, founder of the crypto platform Tron, has won the test elections to the Congress of Liberland, a self-proclaimed microstate located between Croatia and Serbia.
WhitePool Hits $1.2 Million in a Day!
WhitePool, the mining pool created by WhiteBIT, continues to gain momentum in the mining sector. Since its launch in August 2024, it has quickly climbed to 15th place in the global mining pool rankings.
BlackRock Reaches $11.5 Trillion in Assets Under Management
As of October 11, 2024, BlackRock, one of the largest U.S. investment firms, crossed a historic threshold with its assets under management surpassing $11.5 trillion for the first time. This was fueled by a surge in crypto-ETF inflows and a sharp rise in the company’s stock.
Twice Betrayed: FTX Client Takes Hedge Fund to Court
According to Bloomberg, former FTX user Nikolas Gierczyk has filed a lawsuit against the hedge fund Olympus Peak, which specializes in trading distressed debt claims.
AMD’s New Chip Is Here: Will It Overtake NVIDIA’s Blackwell
Advanced Micro Devices (AMD), one of the main competitors of NVIDIA, debuted its new AI chip, the Instinct MI325X. During the Advancing AI 2024 event, the company announced that the chip will be in production in the second half of 2025.
Another Fidelity Breach: 77,000 Clients Affected
Fidelity, the issuer of one of the Bitcoin ETFs (FBTC), has officially confirmed a data breach that compromised the personal information of more than 77,000 clients. While the company has not disclosed many details about the incident, it assured clients that the hackers did not gain access to their accounts. The breach occurred between August 17 and August 19, 2024.
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Who Is Crypto Kaleo: A Market Analyst with 700,000 Followers
Crypto Kaleo is a renowned crypto trader and one of the most followed influencers in the industry. Active since 2017, he has built a strong presence on X, TradingView, and other platforms, sharing technical analysis, market predictions, and insightful commentary on the crypto space.
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Zora Network Reviewed: A Testnet Guide
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.