In a significant legal development, a Montenegrin appeals court has upheld the decision to extradite Do Kwon, co-founder of Terraform Labs, to South Korea. Kwon, who has been in custody in Montenegro since March 2023 for attempting to travel with a fake passport, faces criminal charges in South Korea related to the $40 billion collapse…
Ditobanx and ICP Hub Mexico recently partnered to launch an initiative promoting the use of cryptocurrencies at Mexican universities. As part of this program, over 4,000 students received $5.42 (100 pesos) worth of Ckbtc, the so-called bitcoin twin, to use at campus cafes, restaurants, and copy shops. Boosting Cryptocurrency Usage at Mexican Universities Salvadoran fintech…
PRESS RELEASE. Innovative crypto project UBXS Token is proud to announce a new home tokenization project in Dubai. This initiative aims to make real estate investments more accessible through the opportunities offered by blockchain technology. UBXS Token’s move aligns with predictions by BlackRock, the world’s leading investment management company, which has highlighted the significant potential…
PRESS RELEASE – Dubai, United Arab Emirates, August 2nd, 2024] Bybit, the world’s second-largest crypto exchange by trading volume, is proud to announce the integration of USDe, a groundbreaking reward-bearing stable margin collateral, into its platform. This integration marks a significant milestone in empowering traders to efficiently manage their collateral while unlocking rewards and earning…
Wow, much casino! The beloved memecoin known as Dogecoin (DOGE) has taken the crypto gambling world by storm as shibes and underdogs alike use DOGE to play provably fair casino games. With its low fees, familiar branding, and passionate community, Dogecoin has become one of the most prominent cryptos featured on online gambling platforms. In…
Polymarket, the cryptocurrency-based prediction markets platform, has not been able to resolve the bet on the outcome of the Venezuelan presidential election. While the country’s electoral authority, the Electoral National Council (CNE), proclaimed President Nicolas Maduro as the winner, the opposition forces contested the election. This is due to the lack of a complete breakdown…
TLDR Marathon Digital reported Q2 revenue of $145.1 million, missing analyst estimates of $157.9 million The company posted a net loss of $199 million, or $0.72 per share, compared to a $9 million loss in Q2 2023 Marathon’s Bitcoin production decreased 30% year-over-year to 2,058 BTC in Q2 The company’s energized hash rate increased 78%…
TLDR Google launched Gemini 1.5 Pro, an experimental AI model that has surpassed competitors on benchmarks Gemini 1.5 Pro scored 1,300 on the LMSYS Chatbot Arena leaderboard, beating GPT-4o (1,286) and Claude-3.5 Sonnet (1,271) The model excels in multilingual tasks, mathematics, complex prompts, coding, and vision tasks Gemini 1.5 Pro has a context window of…
Bitcoin faced a ton of volatility yesterday as it dumped from nearly $67,000 to a 16-day low of $62,200 before it bounced off by more than three grand. The altcoins saw similar fluctuations, but most have remained in the red on a daily scale, with XRP, KAS, DOGE, SOL, and TON leading the pack. BTC’s…
TLDR BlackRock’s tokenized BUIDL fund has paid $7 million in dividends since March 2024 BUIDL’s monthly dividend payouts have increased each month, reaching $2.12 million in July The fund has attracted $500 million in capital and is the largest tokenized US Treasury investment fund BUIDL is BlackRock’s first tokenized fund issued on a public blockchain…