Zero Gravity Labs secures $290M financing for decentralized AI operating system
The startup closed a $40 million seed round and secured another $250 million in liquid funds for its blockchain-based decentralized AI infrastructure.
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Bitcoin Dips Below $8,000 as Altcoins See Mixed Movements
Sunday, Oct. 6 — The top 20 cryptocurrencies are seeing mixed movements on the day while Bitcoin’s (BTC) price dips below the $8,000 mark by press time.Market visualization courtesy of Coin360Bitcoin’s price is currently down by 1.83% on the day, trading at around $7,959, according to Coin360. Looking at its weekly chart, the coin is…
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Tether reserve attestations to be conducted by major European accounting firm
BDO Italia, a member of the BDO Global accounting organization, will begin producing monthly attestations of Tether’s USDT backing. 238 Total views 5 Total shares In a step toward greater transparency and better alignment with international accounting standards, stablecoin operator Tether Holdings Limited has tapped BDO Italia to conduct regular reviews and attestations of its…
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New Canadian Dollar-Pegged Stablecoin QCAD to be Regulated by FinTRAC
Major Canadian investment fund manager 3iQ and blockchain firm Mavennet co-launched a new regulated stablecoin pegged to the Canadian dollar (CAD).Developed by Canada Stablecorp, a joint venture between 3iQ and Mavennet, QCAD is the latest CAD-based stablecoin and was officially launched on Feb. 11.QCAD total supply accounts for about 150,000 CAD at the launchBased on…
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Crypto offers Africans a ‘lifeline’ from inflation and corruption, say execs
While many investors in the West may look to crypto to speculate the next biggest trend, blockchain technology is actually solving “real-world problems” in Africa such as hyperinflation and "corruption," executives told Cointelegraph.Speaking to Cointelegraph, Chris Maurice, founder and CEO of Yellow Card — Africa’s largest cryptocurrency exchange — said crypto in Africa “is growing…
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Here is how one algorithmic indicator anticipated multiple phases of FXS’ protracted rally
Frax Share (FXS) has been one of the few altcoins to pull off a dominant price performance amid the down market of late 2021 to early 2022. In the month between Dec. 14 and Jan. 14, FXS was up 128% against the U.S. dollar and 159% against Bitcoin (BTC). In addition to this impressive feat,…
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Casa Releases New version of Its Bitcoin Full Node Casa Node 2
New York-based crypto custody startup Casa has released Casa Node 2, a new iteration of the industry’s popular pre-synced Bitcoin (BTC) full node product.Original Casa Node did a great job, the firm saysAccording to an Oct. 8 blog post, Casa Node 2 offers a faster and smoother Bitcoin and Lightning experience by deploying a faster…
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Valkyrie Leveraged Bitcoin Futures ETF gets inspiration from TradFi memes
After being initially discussed in 2021, the investment fund is now capitalizing on the meme-worthy ticker for its new leveraged Bitcoin ETF. 38 Total views 1 Total shares In its latest futures-based exchange-traded funds (ETF) filing, Valkyrie is utilizing one of the popular memes from the financial Twitter community, known as "fintwit," to capture attention and…
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Ripple Labs escalates dispute with SEC, files notice of cross-appeal
Ripple has disclosed plans to take its legal battle with the SEC to a higher court in the United States.