[PRESS RELEASE – Lugano, Svizzera, June 12th, 2024] This year Lugano triples the offer of festivals linked to new technologies. After the experiences of past years, the time had come to provide some vertical content for the different communities and the different interests linked to the world of digital avant-garde. On 14 and 15 June…
TLDR Itaú Unibanco, the largest bank in Brazil and Latin America, has opened crypto trading to all users of its Íon investment platform. Users can now buy and sell Bitcoin (BTC) and Ethereum (ETH) directly through the Íon app. The bank’s decision followed weekly surveys with an initial group of clients, which showed strong support…
In a significant announcement at the XRP Ledger Community Summit (#XRPL Apex) held in Amsterdam from 11-13 June 2024, Brad Garlinghouse, the CEO of Ripple, unveiled the name of Ripple’s new stablecoin – $RLUSD. Garlinghouse expressed his fondness for the name, stating, “I like to call it Real USD… Ripple USD”. This development marks a…
TLDR Solana’s native token, SOL, hit a four-week low on June 11, testing the $145 support level. Macroeconomic uncertainty and mixed economic signals have contributed to SOL’s underperformance. Despite the recent decline, indicators suggest that investor confidence in SOL remains intact. SOL derivatives and the Solana network have remained stable, indicating market resilience. The Solana…
[PRESS RELEASE – London, United Kingdom, June 12th, 2024] GBM Auctions has announced the completion of the first charity Bid-to-Earn auction for the Polkadot ecosystem. The event, which was hosted on the Moonbeam Network, raised over $92,000 for charity and showcased the GBM’s novel bidding mechanism. On May 16, GBM Auctions commenced the week-long auctions…
TLDR PleasrDAO has filed a lawsuit against Martin Shkreli for allegedly live-streaming a one-of-a-kind Wu-Tang Clan album. PleasrDAO acquired the album, “Once Upon a Time in Shaolin,” from Shkreli in 2021 for $4.75 million. The DAO claims Shkreli’s actions have caused significant monetary and irreparable harm. Shkreli denies the allegations and claims PleasrDAO members did…
TL;DR Despite the cryptocurrency market downturn on June 12, Pepe (PEPE) and Bonk Inu (BONK) saw significant gains, both increasing by 10%. PEPE’s daily trading volume surpassed $1.2 billion, outpacing Dogecoin (DOGE) and all other meme coins on that front. Not Like the Rest The cryptocurrency market keeps bleeding today (June 12), with numerous leading…
TLDR Elon Musk has withdrawn his breach of contract lawsuit against OpenAI, its CEO Sam Altman, and President Greg Brockman in California state court. The case was dismissed without prejudice, meaning Musk could potentially file the lawsuit again in the future. Musk’s decision came one day before a hearing where the judge was set to…
TLDR Donald Trump recently met with executives from U.S. bitcoin mining firms CleanSpark Inc. and Riot Platforms at Mar-a-Lago. Trump expressed support for bitcoin mining in the U.S., saying it could help the country become “energy dominant” and that miners contribute to energy grid stability. Trump said he wants all remaining bitcoin to be “made…
Tether, the dominant player in the stablecoin market, plans to invest heavily in startups and projects over the next year. The company’s investment arm, Tether Investments, expects to allocate more than $1 billion for deals, according to a recent report from Bloomberg. The company aims to expand its distribution network and support AI capabilities for…