The e-CNY app now allows tourists to top-up their wallets using Mastercard and Visa payments with a “recharge first and use later” option. Tourists planning to visit the People’s Republic of China can now pre-charge their digital yuan wallets using Visa and Mastercard payment options as the nation continues to update the mobile app powering...Continue Reading
Amazon and the AI startup Anthropic have entered into an investment agreement that invests $4 billion into the start-up to develop high-performing foundation models. Amazon and artificial intelligence (AI) startup Anthropic have announced a new investment agreement to aid the research and development of new high-performing foundation models. In a post on X, formerly Twitter,...Continue Reading
Chinese scientists are reportedly considering constructing massive facilities to manufacture the technology necessary to create AI semiconductor chips locally. China is looking to build artificial intelligence (AI) chip factories for creating particle accelerators to help bypass sanctions affecting the local industry, according to a report from the South China Morning Post (SCMP). Using particle accelerators...Continue Reading
MicroStrategy bought the latest Bitcoin stash at an average price of $27,053 per BTC, or 9% lower than the average purchase price of its entire BTC purchase. MicroStrategy, a business intelligence firm and major Bitcoin (BTC) investor, is sending a bullish signal to the market by announcing the acquisition of another big stash of cryptocurrency....Continue Reading
Low latency is vital for cryptocurrency exchanges to ensure rapid order execution, capitalize on market opportunities, and maintain competitiveness. What is latency in cryptocurrency trading? The term “latency” in cryptocurrency trading refers to the delay or lag in the amount of time it takes for data to move between two points in a trading system. ...Continue Reading
A Coinshares crypto market flow report reveales that traders are showing more confidence in the likes of XRP and Solana. Crypto investment products registered their sixth consecutive week of outflows in the week ending on Sept. 24. According to data shared by Coinshares, digital asset outflows from crypto investment products reached $9 million last week....Continue Reading
The amount of unclaimed Arbitrum (ARB) tokens accounts for 0.69% of ARB’s total supply of 10 billion. Arbitrum, a major Layer 2 solution for the Ethereum blockchain, has officially added the unclaimed tokens from the Arbitrum airdrop to its network’s treasury. The Arbitrum Foundation sent 69.4 million unclaimed Arbitrum (ARB) tokens to the Arbitrum’s decentralized...Continue Reading
Tether in its email said they found Cake DeFi to be controlled by “another corporation that resides in Singapore,” and thus they won’t be allowed to redeem USDT. Tether, the largest stablecoin issuer behind USDT, has reportedly changed its terms of services (ToS) in Singapore. An email shared by the decentralized finance protocol Cake CEO on...Continue Reading
Mixin Network suspended all deposits and withdrawals and will restart the services “once the vulnerabilities are confirmed and fixed.” Decentralized peer-to-peer network Mixin Network has lost approximately $200 million in a hack involving the compromise of the database of a third-party cloud service provider. On Sept. 25, Mixin Network confirmed that a hack on Sept....Continue Reading
Bitcoin starts the week with a trip to $26,000 — can BTC price strength overcome sellers and a weekly “death cross?” Bitcoin (BTC) starts the last week of September with a retest of $26,000 as a stubborn range persists. An unimpressive weekly close sets the tone for the culmination of a traditionally lackluster month for...Continue Reading
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