Elon Musk’s xAI launches Grok-2 AI assistant for X
xAI has introduced Grok-2, the latest AI model for X users. It offers enhanced features in chat, coding, and reasoning. Go to Source
Month: August 2024
Ripple and SBI Digital Community Partner to Advance Web3 With XRP Ledger
SBI Digital Community Co. Ltd. has partnered with Ripple Labs Inc. to promote the use of the XRP Ledger in the Web3 space. The partnership will also involve issuing non-fungible tokens (NFTs) on the XRP Ledger and rewarding creators in XRP, aiming to enhance consumer experiences and make Web3 technologies more accessible. SBI Digital Community … Read more
Ex-TON Foundation execs launch $40M TON Ventures fund
The Open Network Ventures, founded by former TON Foundation leaders, has launched a $40 million fund to back early-stage crypto projects within the TON ecosystem. Go to Source
$2.3 Billion in Dollar, Euro Bills Shipped to Russia Despite Ban
Despite Western restrictions imposed after Russia invaded Ukraine, billions of dollars and euros in banknotes have flowed into the country. This suggests that Russia has found ways to circumvent these restrictions. Despite official efforts to reduce reliance on foreign currency, Russian citizens still prefer dollars and euros. Russia Successfully Skirts Western Sanctions Dollar and euro … Read more
Core Scientific drops 10% after $400 million convertible senior note offer
Core Scientific stock has dropped to $8.46 per share on the Nasdaq following an announcement of offering convertible senior notes to help settle debts. Go to Source
Stablecoin issuance could be key to the next Bitcoin rally: 10x Research
More than $2.5 billion has been issued by Tether and Circle over the past week, and 10x Research believes continued momentum could spark a Bitcoin rally. Go to Source
Pump.fun daily revenue outpaces the next 24 protocols combined
Solana memecoin deployer pump.fun has generated more than $5.3 million in revenue in the last 24 hours, out-earning Ethereum, Solana, and Tron and everyone else. Go to Source
BRICS Countries Deem US Dollar Less Important in Global Trade, Says Indian Expert
The vice chairman of the BRICS Chamber of Commerce and Industry, Sameep Shastri, has highlighted the economic bloc’s shift away from reliance on the U.S. dollar, opting instead to trade using their national currencies like the Russian ruble, Indian rupee, and Chinese yuan. He underscored the importance of economic self-reliance and the challenge to Western … Read more
Coinbase teases ‘cbBTC’ days after BitGo Wrapped Bitcoin controversy
Speculators think the post refers to Coinbase’s own wrapped Bitcoin product, which will potentially be launched on its layer-2 network Base. Go to Source
Brazilian Crypto Exchange Mercado Bitcoin Launches Flexible Crypto Collateralized Loans
Mercado Bitcoin, one of the largest Brazil-based cryptocurrency exchanges, has launched a loan product allowing users to receive credit in Brazilian reais secured by crypto collateral. The credits will be limited to 30% of the total held in crypto in the exchange, and liquidations will not be automatically executed, being examined on a case-by-case basis … Read more