Perplexity AI’s ad integration plan draws shock, mockery: ‘This company is toast’
The company reportedly intends to charge a much higher-than-average premium for ad space in its AI-powered search engine.
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Why centralized exchanges will lead crypto to the future
Decentralized exchanges are undoubtedly an exciting development in crypto. DEXs facilitate the trading of cryptocurrencies directly between users, without the need for a trusted intermediary. This, in turn, allows users to keep custody of their funds.However, while DEXs have their advantages, they still lack in terms of regulations and scalability, which are key considerations that…
Uniswap’s founder wants your advice on how to spend $500 million
With Uniswap's treasury now worth more than $500 million, creator Hayden Adams has asked the crypto community for suggestions on how to spend it. 1613 Total views 7 Total shares Unsiwap creator Hayden Adams has taken to crypto-twitter to source feedback on how the DEX should allocate its $500 million governance treasury.With Uniswap’s native UNI…
Russia intends to launch a ‘national crypto exchange’
Local lawmakers are working on amendments to the existing legislation “On digital financial assets” in consultation with market stakeholders. 688 Total views 9 Total shares Russian lawmakers are working on amendments to launch a national crypto exchange. This effort is reportedly supported both by the Ministry of Finance and the Central Bank of Russia which…
Binance to restrict derivatives trading for Hong Kong users
Binance is yet to announce an official date for imposing restrictions on derivatives products for Hong Kong users. 361 Total views 28 Total shares Stepping up efforts to minimize the inherent risks of trading cryptocurrency, major crypto exchange Binance has announced it would restrict access to derivatives products to Hong Kong users. The official announcement reads:“Users…
Binance, Coinbase and Gemini staff are among the least happy, data suggests
Crypto exchanges including Gemini, Binance and Coinbase are home to some of the least happy employees in the industry, according to data derived from Glassdoor — though some argue the results may be skewed. A quadrant chart by tech recruitment firm TrueUp — understood to have collated data from job review platform Glassdoor — mapped…
Price analysis 7/9: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, SOL
Earlier this week, Fan Yifei, the deputy governor of the People’s Bank of China has warned that stablecoins like Tether (USDT) pose “risks and challenges to the international monetary system, and payments and settlement system”. Fan did not even spare Bitcoin (BTC) and called it a tool for speculation and a possible threat to “financial security…
XRP ‘mega whales’ scoop up over $700M in second-biggest accumulation spree in history
XRP addresses that hold at least 10 million native units have returned to accumulating more in the past three months, a similar scenario that preceded a big rally for the XRP/USD and XRP/BTC pairs in late 2020.The return of XRP 'mega whales' A 76% spike in XRP "mega whale" addresses since December 2021 has been noted by…
Ethereum price poised for 40% rally vs. Bitcoin after breaking out of four-month range
Ethereum's native token, Ether (ETH), has the prospect of logging a 40% price rally against its top rival, Bitcoin (BTC), per a classic technical pattern.Dubbed a "symmetrical triangle," the structure develops after the price forms a series of higher lows and lower highs. Doing so results in a convergence of two trendlines with a degree of…