Category Archive: Cryptocurrency, No picture
Harris vows to keep US ‘dominant’ in blockchain and AI technologies
Key Takeaways Kamala Harris advocates for US leadership in blockchain to shape the future economy. Harris’s economic plan includes a strong emphasis on digital assets and AI. Share this article Vice President Kamala Harris pledged that under her leadership, the United States would “recommit” to global dominance in emerging technologies such as blockchain, AI, and […]
OpenAI to remove nonprofit control as CEO Sam Altman gains first equity stake
Key Takeaways OpenAI is restructuring from a nonprofit to a for-profit benefit corporation. CEO Sam Altman to receive equity in the newly structured OpenAI. Share this article OpenAI, is planning a significant restructuring that will see its nonprofit board relinquish control over its for-profit business, according to Reuters. The restructuring would transform OpenAI into a […]
OpenAI CTO Mira Murati exits after pivotal role in AI development
Key Takeaways Mira Murati has been a key figure in developing OpenAI’s flagship products like ChatGPT. Murati’s departure is announced just before OpenAI’s major annual developer conference. Share this article OpenAI’s Chief Technology Officer Mira Murati has announced her decision to leave the artificial intelligence company after six and a half years. I shared the […]
PayPal enables business accounts to buy, hold, and sell crypto
Key Takeaways PayPal has enabled cryptocurrency transactions for US business accounts. PYUSD, PayPal’s stablecoin, is now available on the Solana blockchain. Share this article PayPal, announced today that US merchants can now buy, hold, and sell crypto assets directly from their PayPal business accounts. “Business owners have increasingly expressed a desire for the same cryptocurrency […]
Do Kwon’s extradition used as pressure in Montenegro-South Korea airport negotiations, claims former justice minister
Key Takeaways Montenegro’s PM allegedly used Do Kwon’s extradition as leverage in an airport deal. Prime Minister linked to Do Kwon through a $75,000 investment in Terra/Luna tokens. Share this article Montenegro’s Prime Minister Milojko Spajić is accused of using Do Kwon’s extradition as leverage in a 30-year airport concession deal with South Korea, according […]
Solana could hit 50% of Ethereum’s market value, predicts VanEck
Key Takeaways Solana’s transaction efficiency far surpasses Ethereum, offering a 3000% increase in processing speed and drastically lower fees. VanEck’s analysis suggests a significant market cap rise for Solana, potentially reaching 50% of Ethereum’s valuation. Share this article Solana’s technological prowess could propel its market cap to reach half of Ethereum, according to a recent […]
Binance launches Pre-Market trading for early token access
Key Takeaways Binance’s pre-market trading allows buying and selling before official listings. The service includes a strict vetting process for token security. Share this article Binance has launched its Pre-Market trading service today, allowing users to buy and sell tokens before their official spot listing. This service provides users with early access to new tokens, […]
Visa launches platform for banks to launch and test tokenized assets
Key Takeaways Visa launches VTAP to help banks issue and test fiat-backed tokens on blockchains. BBVA is testing the platform and plans to launch a pilot on Ethereum in 2025. Share this article Visa has introduced a new platform to assist banks in issuing and testing fiat-backed tokens, as reported by Blockworks. The Visa Tokenized […]
Kamala Harris likely to fire Gary Gensler if elected, says Mark Cuban
Key Takeaways Mark Cuban suggests Kamala Harris may remove Gary Gensler as SEC Chair if elected. Gensler faced criticism in Congress over unclear crypto asset definitions and regulations. Share this article Billionaire Mark Cuban stated that Vice President Kamala Harris’ team opposes “regulation through litigation,” suggesting Gary Gensler could be removed as Chairman of the […]
CELO jumps 25% after project gains endorsement from Vitalik Buterin
Key Takeaways Celo’s transition to Ethereum L2 marks a significant network enhancement. Major stablecoins like USDC and USDT have expanded their presence on Celo in 2024. Share this article CELO, the native utility token of the Celo platform, surged around 25% to $0.68 after Vitalik Buterin, the Ethereum co-founder, praised the project’s recent achievement in […]
