Microsoft has inked a contract with CoreWeave, a cloud computing infrastructure provider and former Ethereum miner. This is to power Microsoft’s AI-driven services. CNBC reported on June 1 that, based on information from “people with knowledge of the matter,” Microsoft might spend billions of dollars on the transaction with CoreWeave
June 4, 2023 1 min read
On Friday, Justin Sun announced on Twitter that TRON’s TRX cryptocurrency is now live on the Ethereum blockchain. This was possible through the BitTorrent bridge. TRON’s TRX has gained about 12% in the previous 24 hours, and is now trading at $0.08522. With the BitTorrent Bridge in place. Assets might
June 3, 2023 1 min read
Senior Republicans in the United States House of Representatives have filed a new legislative draft. It seeks to reclassify digital tokens from securities to commodities. This is a major attempt to solve the regulatory difficulties surrounding digital assets. The proposal was made by the leaders of the House Financial Services
June 3, 2023 2 mins read
On June 2, Twitter was inundated with user complaints about a “scam” crypto airdrop that seemed to have been promoted via the account of Mira Murati, CTO of artificial intelligence business OpenAI. Murati’s account seemed to tweet a phishing link advertising an airdrop of an ERC-20 token, which was shown
June 2, 2023 1 min read
Today, the Monetary Authority of Singapore (MAS) granted Crypto.com its Major Payment Institution (MPI) licence for the provision of Digital Payment Token (DPT) services. This statement comes after MAS granted Crypto.com its in-principle clearance in June 2022. With the help of this licence, Crypto.com may keep offering consumers in Singapore
June 1, 2023 2 mins read
Tenet, a layer-1 ecosystem that is working to broaden the applications of liquid staking derivatives (LSD), has formed a strategic alliance with LayerZero, a top omnichain interoperability protocol that is now valued at over $3 billion. As a result of the cooperation, the LayerZero omnichain architecture will be used by Tenet,
May 30, 2023 2 mins read
The United States is seeing a decrease in its once-mighty currency. Due to rising issues such as rising debt, increasing interest rate rises, inflation, and growing uncertainty in the financial markets. The BRICS countries (Brazil, Russia, India, China, and South Africa) have been actively looking for alternatives to the shaky
May 30, 2023 1 min read
PancakeSwap, a decentralized cryptocurrency exchange (DEX), has released a tower defense game called Pancake Protectors. Mobox, a player-versus-player (PvP) Gamefi platform on the Binance chain, has been in testing for the last week, but its formal debut has now occurred. The DEX’s native token, CAKE, has reportedly been included in
May 30, 2023 1 min read
After lying dormant for eight years, an Ether wallet that was last used in 2015 has revived, swiftly transferring 8,000 ETH in under two minutes. After taking part in Ethereum’s ICO (initial coin offering) in 2015, the wallet’s owner was rewarded with 8,000 ETH; nonetheless, the wallet sat dormant until
May 29, 2023 1 min read
On Monday, May 29th, Singaporean investment firm Temasek Holdings stated it will reduce pay for the group that had proposed an investment in the defunct FTX cryptocurrency exchange. In the wake of the FTX exchange’s demise in November 2022. Temasek was forced to take a $275 million write-down on its
May 29, 2023 1 min read