Softbank announces $100B investment in US AI infrastructure

Loyalty can be so rewarding. Gamified shopping loyalty platform StormX will now let its users earn cashback in cryptocurrencies when shopping at Walmart.According to an announcement shared with Cointelegraph on August 14, StormX users can now earn up to 4% cashback in crypto for purchases made at Walmart. Users who achieve a “Diamond” rank can…

Consensus Networks uses the IoTeX blockchain to monitor the health of 700,000 U.S. Navy sailors and marines in real time. 265 Total views 11 Total shares The United States military continues to explore blockchain technology to improve its processes. The U.S. Navy has signed a $1.5 million contract with Consensus Networks to develop a blockchain-enabled…

Investors, not short-term traders, will be the likely beneficiaries of upcoming BTC price moves, popular names agree. 848 Total views 5 Total shares Bitcoin (BTC) may spend "months" ranging between recent $42,000 lows and $53,000 and cause panic in the process, popular analysts warned on Dec. 6.Discussing the BTC price outlook on Twitter, Scott Melker,…

Less than 16 hours have passed since the launch of PayPal’s new stablecoin (PYUSD), and opportunists, degens and potential scammers are already attempting to cash in on the hype with their own copycat tokens.According to data from decentralized exchange scanner DexScreener, nearly 30 new token pairs sporting the ticker “PYUSD” have cropped up in the…

Developing economies are more affected by issues related to remittances and inflation, BitMEX’s CEO said. 750 Total views 4 Total shares Countries in the developing world will soon follow in the steps of El Salvador and make Bitcoin (BTC) legal tender, BitMEX CEO Alexander Höptner recently predicted.In a Wednesday blog post, Höptner expressed support for El…

In 1996, when the Nintendo 64 was first launched in the United States, it sold 1.6 million units (worth $200 each) in its first quarter. Its closest competitor for the holiday season was a $30 Tickle Me Elmo doll, which sold around a million units in the same window. More than 20 years later, when…

OSL is now officially licensed to operate regulated brokerage and automated trading services for digital assets. 512 Total views 4 Total shares OSL, a major digital asset platform in Asia and a unit of Fidelity-backed BC group, has been officially licensed by the Securities and Futures Commission of Hong Kong.According to a Dec. 15 announcement,…

Binance has unveiled a series of new products and features relating to stablecoins — with the world’s largest cryptocurrency exchange describing these digital assets as “an efficient fiat gateway into crypto.”Stablecoins are often pegged with a fiat currency, meaning one unit can equate directly to 1 euro or $1. With new coins emerging all the…

The fund has already invested in a number of blockchain projects including Dapper Labs, Axelar and Nori. 970 Total views 7 Total shares Several high-profile figures in finance and entertainment are reportedly backing a new venture capital crypto fund from former Digital Currency Group investor Travis Scher, Silver Lake Partners co-founder Glenn Hutchins, and his…