Elon Musk, CEO of Twitter, has reportedly filed paperwork with the state of Nevada. In order to establish a new artificial intelligence (AI) corporation under the name X.AI Corp. The latest move in his much-rumored stealth enterprise. According to the filing, Musk is the only listed director of the business.
April 15, 2023 2 mins read
On April 13, cybercriminals exploited a flaw in Yearn’s USDT token, yUSDT, to steal $11.2 million from the Aave V1 and an earlier version of the Yearn Finance protocol. One of the initial lending and borrowing protocols on DeFi, Aave allows users to earn yield by depositing cryptocurrency and borrowing
April 13, 2023 2 mins read
FTX, a defunct cryptocurrency exchange, has recouped nearly $7.3 billion in cash and digital assets. In addition, the company’s counsel during a recent bankruptcy court hearing said the sum recovered is more than $800 million since January. According to Reuters, things are looking up for the faltering exchange during the
April 13, 2023 1 min read
History Latinoamérica’s (@HistoryLA) Twitter account was hacked. And used to spread a hoax concerning Ripple CEO Brad Garlinghouse and the cryptocurrency XRP. A picture of Garlinghouse and the word “VICTORY!!” were tweeted with a bogus link from the hijacked account. Authorities and individuals alike are becoming concerned about the prevalence
April 12, 2023 2 mins read
There have been no big setbacks to Hong Kong’s crypto push, so far. All of the predicted growth in the digital asset market seems to be materializing. ZA Bank, Hong Kong’s biggest virtual bank, now supports both fiat and cryptocurrency transactions and provides account services to the city’s burgeoning digital
April 12, 2023 2 mins read
Lost Worlds, a location-based NFT platform, has announced LOST.NYC, an immersive event happening in New York from April 11–14. The one-of-a-kind event will take place during NFT.NYC, the premier conference for the NFT community. The idea behind LOST.NYC is to provide NFTs a chance to leave their digital comfort zones
April 11, 2023 3 mins read
A new proposal has been submitted by the Arbitrum community, which asks the Arbitrum Foundation to transfer 700,000,000 ARB tokens back to the DAO Treasury. In March, the Arbitrum Foundation moved the money without consulting the community beforehand. The suggestion states that the foundation’s financial plan should continue only when
April 10, 2023 2 mins read
Today, Bybit, the third-most visited cryptocurrency exchange in the world, finished integrating staked Ether (stETH) in preparation for Ethereum’s Shanghai upgrade. Users can use their ETH for margin trading and earn interest on it thanks to this ground-breaking innovation. Customers of Bybit can either buy stETH directly from the Spot market
April 10, 2023 1 min read
Significant progress was being made in its preparation thanks to certain network advancements. The amount of money locked up in ETH 2.0 deposit contracts has been increasing, and as of 9 April, it had reached a new all-time high, according to statistics from Glassnode. Such a finding would be consistent
April 10, 2023 1 min read
Robert Kiyosaki, the author of Rich Dad Poor Dad, has expressed worry about the future of the United States, hyperinflation, and the possible collapse of the U.S. currency. Kiyosaki and Sharon Lechter wrote the book “Rich Dad, Poor Dad” in 1997. It has been on the list of best-sellers at
April 9, 2023 1 min read
