Investors are taking notice of Robinhood after the company named AI expert Jeff Pinner as its new CTO. The news comes as the HOOD stock has been through some rough trading as of late, falling almost 20% in the last month. The statement caused the stock price to rise more
August 13, 2024 2 mins read
The second-biggest cryptocurrency exchange in the world by trading volume, Bybit, announced that it and Dubai Multi Commodities Centre (DMCC) have extended their strategic collaboration. Following a year of fruitful cooperation, Bybit is excited to announce that it has transitioned from a major ecosystem partner to an advisory role, therefore
August 12, 2024 2 mins read
David Schwartz, chief technology officer of Ripple, has tweeted more details on XRP Ledger’s (XRPL) clawback feature. The significance and utility of this feature have been clouded by Schwartz’s recent insights, which have contributed to the ongoing debate within the XRP community. Schwartz claims that fixing errors in the ledger
August 11, 2024 2 mins read
Aug. 5 was one of the worst days for cryptocurrency in recent memory. Traders’ dependence on leverage has been subtly increasing market-wide dangers for months, and few anticipated this. Leveraged trading may have been the spark, but the sudden surge of the Japanese yen was the fuel. Hopefully, the effect
August 11, 2024 2 mins read
Gemini, a cryptocurrency exchange, has asked US authorities to shelve a proposal that would outlaw event contracts on decentralized prediction markets if it were to pass. In a letter sent to Christopher Kirkpatrick, secretary of the US Commodity Futures Trading Commission (CFTC), on August 8, Gemini emphasized the negative effects
August 11, 2024 2 mins read
In response to Celsius Network’s Bitcoin (BTC) fraud accusation, stablecoin issuer Tether has declined to assume responsibility. The chief executive officer of the company, Paolo Ardoino, provided a clear account of what happened between them. Celsius Network has sued the USDT issuer and its related organizations, claiming that they were
August 10, 2024 2 mins read
Binance, the global blockchain ecosystem behind the world’s biggest cryptocurrency exchange, revealed today that it now has a remarkable 1 million subscribers on its official YouTube channel, making it the first crypto brand to achieve this milestone. The rapid growth of Binance’s YouTube channel is attributed to the success of its
August 9, 2024 2 mins read
In order to support their fast expansion, GPU cloud network io.net and premier image-generation platform Leonardo AI have established a cooperation to increase its computational power . In order to support Leonardo AI’s rapid scalability in response to increased client demand for its generative AI content creation platform, io.net will provide enterprise-grade
August 8, 2024 3 mins read
According to research done by Aventus & Airport Perishables Handling (APH) at Heathrow Airport, airlines may save 7% overall on their cargo handling operations by using Web3-based solutions. Since the 1990s, the global ULD management tool set has not changed, and it mainly depends on manual data inputs. This presents
August 7, 2024 3 mins read
For the first time to date, DEXs built on the Solana network surpassed those built on Ethereum, in terms of trading volume for the month of July. Solana had more daily trading volume than Ethereum for the whole month of July, according to DeFiLlama statistics for DEX volumes by blockchain.
August 5, 2024 1 min read