Record-Breaking Market Cap of $83.2B Achieved by Tether, Defying Stablecoin Market Slump
A stablecoin called USDT, issued by Tether, has achieved its previous all-time high market capitalization,…
Month: June 2023
OpenAI commits $1M to support AI-driven cybersecurity initiatives
As criminals devise innovative ways to exploit AI for malicious intentions, OpenAI remains committed to…
Uniswap scam alert: Fraudsters impersonate executives and create fake website
Uniswap and its foundation have no association with the scam as efforts are being made…
MUFG to facilitate Japanese bank-backed stablecoins via Progmat Coin platform
MUFG hasn’t revealed what firms will be the first to utilize its platform, however a…
Net Bitcoin ATMs record an increase after 4 months of global downtrend
In the first four months of 2023, the net crypto ATMs worldwide declined by 5,850….
Microsoft pens AI cloud computing deal with former Ethereum miner CoreWeave: CNBC
The reported deal comes just a few days after CoreWeave announced an additional $200 million…
Crypto Biz: Six months on from FTX, Tether mines BTC, and Nvidia’s AI superchips
This week’s Crypto Biz also looks at the crypto industry after FTX collapse, Tether’s Bitcoin…
US debt ceiling, declining trust in banks send ETH staking to record highs
The record surge in Ethereum staking in May was attributed to the ongoing U.S. debt…
OpenAI gets warning from Japanese regulators on data collecting
Japanese privacy watchdog warned OpenAI about collecting sensitive data without permission, threatening further action. Officials…
US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC
The framework under the bill would allow certain tokens to qualify as digital commodities if…
Losses from crypto rug pulls outpaced DeFi exploits in May: Finance Redefined
The top 100 DeFi tokens had a bullish last week of May, with most of…
Evertas expands crypto insurance offerings to include mining and raises limits
Crypto insurance underwriter Evertas will increase coverage limits to $420 million per policy while adding…
CBDC ‘may not be a compelling priority,’ says Kenya’s central bank
The central bank released its statement in response to comments on a CBDC discussion paper…
Arbitrum price soars after DeFi whale address resumes ARB accumulation
ARB’s price notched a double-digit gain after a popular DeFi whale address resumed buying the…
Privacy-focused Aleo blockchain gets new wallet as mainnet launch approaches
The wallet developer also raised $4.5 million from HackVC and other firms to further advance…