Coca‑Cola pours $1.1B into generative AI experiment with Microsoft

Bancor DAO has failed to answer or otherwise defend itself within the time allowed, said the Texan federal judge. A Texas federal judge has entered a default judgment against Bancor DAO, which operated the decentralized finance platform Bancor, after it failed to respond to an online summons.  Judge Robert Pitman issued the judgment after Bancor

Tether’s (USDT) stablecoin has been the leading base pair for cryptocurrencies for over eighteen months. This is a rather impressive feat given the ongoing court case with the New York Attorney General and the other frequent rumors that USDT is not sufficiently backed or subject to regulators' reach. USDT has also been the dominant stablecoin in China…

Will competing companies come out of the woodwork? 4988 Total views 21 Total shares After much anticipation, Coinbase listed on the Nasdaq on Wednesday via a direct listing. Skybridge founder Anthony Scaramucci thinks the event should have been met with more attention from banks. “What I’m surprised about frankly is there isn’t a wake-up call at…

Thursday, April 11 — after a bullish week, all of the top twenty cryptocurrencies are reporting slight to moderate losses on the day by press time, as Bitcoin (BTC) corrects down close to the $5,100 mark.Market visualization courtesy of Coin360Bitcoin is down close to 2.8% on the day, and is trading at around $5,106 by…

A Grin (GRIN) developer funded by the Litecoin Foundation has suggested a solution for fixing the “Achilles heel of Mimblewimble privacy.”David Burkett, a developer at Mimblewimble’s (MW) privacy-centric coin Grin, started a thread on monthly updates detailing progress on both Grin’s development and the integration of MW’s privacy-focused technology into Litecoin (LTC). The developer announced…

Telegram founder says that the U.S. is no longer an attractive place for tech entrepreneurs. In a May 7 post, Telegram founder, Pavel Durov, calls the U.S. a “police state” and discourages entrepreneurs from moving their businesses to Silicon Valley.Perhaps exhausted by the legal battles around Telegram’s beleaguered token offering, Durov, berates the U.S. in…

Over the last 12 months, market analysts and commentators have relentlessly predicted that the United States is heading for a recession. However, the U.S. economy has been remarkably resilient and defied the forecasts. Indeed, we now have the U.S. Federal Reserve discounting a recession from its current modeling, as Fed Chair Jerome Powell emphasized at…

ICE's Bakkt institutional exchange will launch on stock markets at a possible $2.1 billion valuation. 367 Total views 3 Total shares The Intercontinental Exchange, the owner the New York Stock Exchange and institutional cryptocurrency exchange Bakkt, announced a deal that would see its crypto arm listed on the stock markets.As reported by the Wall Street…