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Reeve Collins Unveils Pi Protocol to Compete with Tether’s Dominance
USP, unlike traditional stablecoins will be issued via smart contracts and exchanged for the yield-bearing USI token that is backed up by real assets such as bonds. Tether, as part of a diversification strategy that goes beyond digital assets, is also expanding its investment with a bid to acquire a majority stake at the South
Offchain Labs Builds Universal Intents Engine To Boost Layer-2 Interoperability
Blockchain space is huge and constantly evolving. However, it's fragmented. L2Beat lists 59 layer-2 rollups and 81 Alt-DA (alternative data accessibility) layers. Six more chains are classified as 'others' on the website. There are still more chains to be added. It can be difficult to transfer assets from one network to another. This causes delays,
Analysts See Signs of a Crypto Market Bottom Amid Bearish Sentiment
Markets are undergoing major changes as they grapple with two main trends. A sharp rise in the number of newly-issued tokens, and a possible market bottom indicated by low funding rates and negative sentiment. CoinMarketCap now lists more than 11 million unique digital assets, mostly due to the growth of meme currencies on the Solana
Transak and Story Join Forces to Revolutionize IP Tokenization
Transak, the leading Web3 payment infrastructure provider, has announced that it is integrating with Story, an Layer 1 Blockchain network designed to tokenize Intellectual Property (IP) and turn them into programmable assets. This partnership will enable seamless fiat-to crypto transactions, making it easier to engage users with IP management. Fiat Accessibility: Empowering the IP Tokenization
Everything You Need to Know About DeepSeek and How the Chinese AI Model Differs from ChatGPT
You Can Find It In This Article DeepSeek, a Chinese AI system that was developed in China by the year 2025, has been gaining traction. The Chinese AI model DeepSeek's rise sparked a crash in the stock market for technology and almost caused heart attacks to top project managers. DeepSeek is a search engine. DeepSeek,
DeepSeek CEO promises to be surpassed by OpenAI - Crypto Giggle
OpenAI CEO Sam Altman called the AI model DeepSeek R1 'impressive' when he considered its capabilities in its Where to buy. Deepseek's R1 is a very impressive model. We will deliver better models, and it is also a real boost to have another competitor! We will be pulling up some new releases. Sam Altman, (@sama),
Crypto Community Divided Over AIntivirus Token Honoring John McAfee
In the world of cryptocurrency, there has been a rise in meme coins that blend pop culture, political innovation, and digital innovations. These initiatives, from the AIntivirus token created by John McAfee’s widow Janice McAfee to Donald and Melania's TRUMP tokens that mark a new chapter of their public persona, highlight how blockchain technology is
Nova Labs Faces SEC Lawsuit for Alleged Securities Violations
In two high-profile cases, the intersection between cryptocurrency, law enforcement and regulatory oversight has been brought to light. The United States Securities and Exchange Commission has sued Nova Labs (the creators of the Helium Network) for selling securities that were not registered just days prior to the departure of SEC Chairman Gary Gensler. A cryptocurrency
Legal Feud Continues: Tether Sues Swan Bitcoin Over Contract Breaches
Swan had accused Tether of aiding a hostile takeover and former employees were accused by Swan to have stolen proprietary information in order to launch a rival company, Proton Management. Burwick Law, a law firm based in Solana, is planning to take legal action against Pump.fun, a launchpad that has enabled scams and other harmful
Over $3 Billion Stolen in 2024 Crypto Hacks and Scams
Recent reports have highlighted the financial and regulatory issues that these cryptocurrency-related incidents pose. Nearly 1,000 Bitcoin-mining devices were seized in Thailand. They are believed to have been involved in an electricity theft worth millions of dollars. Blockchain security companies such as PeckShield, CertiK, and others have reported that in 2024 over $3 billion in
Fan Tokens: A New Asset Class for Crypto Investors
You Can Find It In This Article Cryptocurrency has evolved beyond the traditional assets of Bitcoin and Ethereum. This led to a plethora of new financial instruments. Fan Tokens are one of the most interesting additions. The digital assets of sports teams or entertainment brands allow them to reach their most loyal fans. They are
Do Kwon Pleads Not Guilty as Legal Battle Begins in US
His extradition to Montenegro was followed by the hearing. Californian resident has sued three Asian banks, alleging that they enabled a crypto-scam worth $1 million by not conducting proper KYC checks and AML checks. US lawmakers have also demanded an explanation for a cyber attack on the Treasury Department that has been attributed to Chinese
Galaxy Digital Predicts US Will Not Buy Bitcoin in 2025
Michael Saylor, CEO of MicroStrategy, continues to aggressively accumulate Bitcoin under the 21/21 Plan despite possible US government reluctance. Pro-crypto policy is also gaining some urgency, as the new administration faces a legislative period of two years. A controversial IRS ruling that classified DeFi front ends as brokerages sparked criticism and legal challenges. It also
As experts forecast altcoin season, Ripple will unlock 1 billion XRP by Jan. 1. - Crypto Giggle
Ripple plans to unlock more than 2 billion XRP on January 1, 2025 through an escrow system in the XRP Ledger Blockchain. Tokens will be released in three separate transactions, each of which is 200,000,000, 300,000,000, and 500,000,000 XRP. In the first minute of 2025 the clock will start for all three escrows, releasing 1
NOW Wallet Helps Businesses Grow with Secure Storage, Fast Deposits, and Personalized Solutions
You Can Find It In This Article In the last decade, we have seen a dramatic transformation in the landscape of global blockchain. Statista estimates that global blockchain expenditure has risen from $945 millions in 2017 to $19 billion by 2024. As diverse industries begin to recognize the transformative power of blockchain, its adoption continues