The world’s largest stablecoin developer by market capitalization has formed four divisions to reflect its expanding focus. Tether will form four new divisions: The company’s USDT stablecoin is managed by a group called “Tether Finance”, while another division called “Tether Power” manages the company’s investments in Bitcoin mining. The third division, ‘Tether Data’, will oversee strategic investments in technologies, including artificial intelligence (AI). Finally, a division called “Tether Edu” will include various educational initiatives. “Tether’s expansion beyond the well-established USDT stablecoin marks a paradigm shift in our approach to financial empowerment,” the company said in a blog post Thursday. “Tether…
Author: Crypto Flexs
Read More
join us telegram A channel to stay up to date on breaking news coverage Bitcoin continues its choppy trend even as the market approaches its halving event. Ideally, the BTC price will trend upward before the halving date. However, the price fluctuated primarily between the $64,000 and $62,000 range during various days of the week. Investors typically expect a trend reversal after the halving. However, the likelihood of a reversal depends on the inflow of funds into the cryptocurrency market. In the meantime, the fund is switching to altcoins as several altcoins gradually record trend reversals. Next Cryptocurrency to Explode…
Special thanks to Vlad Zamfir for introducing the idea of by-block consensus and convincing me of its merits, alongside many of the other core ideas of Casper, and to Vlad Zamfir and Greg Meredith for their continued work on the protocol In the last post in this series, we discussed one of the two flagship feature sets of Serenity: a heightened degree of abstraction that greatly increases the flexibility of the platform and takes a large step in moving Ethereum from “Bitcoin plus Turing-complete” to “general-purpose decentralized computation”. Now, let us turn our attention to the other flagship feature, and…
Various events in the cryptocurrency market have driven Solana’s price movements over the past few days. First, it rose from $128 to $142 due to expectations of the Bitcoin halving, a phenomenon that has played a significant role in shaping the entire cryptocurrency market. This momentum has grown even higher. However, the approval of the Bitcoin and Ethereum ETF in Hong Kong and the resolution of Solana’s network congestion issues created positive sentiment, with Solana reaching $155 on April 15. However, prices have not stabilized yet. By the end of April 16, the price had fallen to $136, then hit…
A cryptocurrency analyst recently made headlines with his crazy price prediction for Shiba Inu (SHIB). But while SHIB is gaining attention, other cryptocurrencies like Cardano (ADA) and KangaMoon (KANG) are also making waves. Some analysts even point to level 5 pre-sale star KANG as the next $0.50 altcoin in 2024. Let’s find out why. Rekt Capital: Shiba Inu Prices Could Soar 155% Shiba Inu (SHIB) has been showing strength in the cryptocurrency market recently. The Shiba Inu price rose from $0.00002721 to $0.00002759 in the past week alone, according to CoinMarketCap data. During that period, market capitalization increased from $16.03…
bitcoin BTC -0.31% Ethereum and other major cryptocurrencies fell over the past hour following reports that an Israeli missile had struck a region in Iran, confirmed by US officials to ABC News. They say markets may be expecting global conflict to escalate further with explosions reported in Iraq and Syria. alphabetHowever, US officials have not yet confirmed this.According to The Block, the world’s largest cryptocurrency fell 2.64% to $60,726 over the past hour, while Ethereum fell 3.6% to fall below the $3,000 resistance line. pricing page. Ether was trading at $2,925 at the time of publication. Most other cryptocurrency tokens…
As the cryptocurrency industry evolves, investors and enthusiasts eagerly monitor the ebb and flow of the digital asset market. Recently. Binance coin (BNB) has stood out among virtual currencies in the dynamic marketplace.Many crypto users have been closely monitoring BNB’s value fluctuations, hoping to profit from the virtual asset. To help investors, we asked experts about their predictions for Binance coin in the coming years.This comprehensive article examines expert predictions, explores the critical factors poised to influence BNB’s price trajectory, and provides insights to help users navigate the dynamic crypto landscape.What is Binance Coin (BNB)? …
May is Teacher Appreciation Month, a special time to recognize the dedication and impact of educators around the world.This year, go beyond traditional gifts and use cryptocurrency to express your gratitude in a unique way! Whether you’re looking to delight a wine lover, inspire a craft enthusiast, or pamper someone with a soothing self-care treat, our guide offers a variety of gift card options suitable for every teacher. From Total Wine & More to Michaels and Bath & Body Works, discover how easy and thoughtful it is to show your appreciation with cryptocurrency-backed gift cards.From inspiring art projects to relaxing…
Avraham ‘Avi’ Eisenberg, a figure in the digital finance sector, was found guilty in connection with a major security breach at Mango Markets in which more than $110 million was compromised. In December 2022, Eisenberg was arrested in Puerto Rico on charges of commodity fraud, market manipulation, and wire fraud related to the Mango Markets exploit. The incident occurred in October 2022 when Eisenberg injected $5 million USDC stablecoin into Mango Markets. According to the court ruling, Eisenberg manipulated the price of the platform token, MNGO, causing the price to soar by approximately 1,000% in one hour. The artificial increase…
Social media giant Meta has added its latest AI assistant to nearly all of its apps, co-founder and CEO Mark Zuckerberg announced Thursday.“We’re launching a new version of Meta AI, an assistant that you can ask any question across apps and glasses,” Zuckerberg said in a video posted to Instagram. “Our goal is to build the world’s best AI and make it available to everyone.”This news comes as Meta has released the core components of Llama 3 under an open source license, making it available for the public to use and review.After its Metaverse ambitions fell through in late 2022,…