Thiel co-founded PayPal and provided early funding for platforms like LinkedIn and Yelp. Infinex’s non-fungible token (NFT) collection, Patrons, has surpassed $67.7 million in total investments within just six weeks since its launch, despite a downturn in the wider NFT market. The Patrons NFT collection crossed the $67 million milestone with backing from Founders Fund,...Continue Reading

AI is revolutionizing workplace efficiency. Here are nine innovative tools reshaping the future of work across different industries. In today’s competitive business landscape, staying ahead requires more than just hard work. It demands efficiency, innovation and the ability to adapt to rapidly changing trends.  In this regard, artificial intelligence has emerged as a powerful tool...Continue Reading

Solana’s surging fees are correlated with growing trading activity on the network’s leading decentralized exchange, Raydium. Solana has surpassed Ethereum in daily network fee generation, indicating growing user activity on the world’s third-largest blockchain. Solana has generated over $2.54 million worth of fees during the past 24 hours, surpassing Ethereum’s $2.07 million on Oct. 28...Continue Reading

Ethena Labs faces scrutiny after allegations of unfairly staking 180 million ENA tokens in its crypto farming event. Ethereum-based synthetic dollar protocol Ethena Labs was accused of participating in one of its recent crypto-farming events using 180 million Ethena tokens.  On Oct. 27, crypto investigator Nomad alleged that the Ethena team owns 25% of the...Continue Reading

Polymarket whales are betting tens of millions of dollars on a Trump victory on Nov. 5, which could be more accurate than traditional polls, according to Elon Musk. Former United States President Donald Trump’s lead on the leading blockchain-based betting market is nearing 67% as a mysterious whale continues to bet on his victory in...Continue Reading

Metaplanet’s latest Bitcoin purchase makes it the second-largest corporate Bitcoin holder in Asia behind Boyaa Interactive International, which holds 1,100 BTC.  Japanese investment firm Metaplanet has achieved a new milestone with its latest Bitcoin purchase, as its holdings surpassed 1,000 BTC, worth about $68 million.  On Oct. 28, Metaplanet said it acquired another 156.78 Bitcoin...Continue Reading

Bitcoin is dropping bullish hints left and right as the “Uptober” monthly close, US Presidential Election and Fed interest rate decision draw near. Bitcoin (BTC) launches into the end of “Uptober” with a bullish weekly close and traders betting on fresh BTC price upside. Bitcoin closed out the week just below $68,000, and while not...Continue Reading

Europe’s MiCA framework will enforce new bank reserve requirements for stablecoin issuers, raising concerns about systemic risks and stability. Europe’s upcoming regulatory framework will introduce significant banking concerns for stablecoin issuers that could threaten the stability of the wider crypto space, according to Paulo Ardoino. The Markets in Crypto-Assets Regulation (MiCA) is the first comprehensive...Continue Reading

Project Mandala uses zero-knowledge proofs to complete compliance checks across different jurisdictions.  The Bank for International Settlements (BIS) and its central bank partners have demonstrated that regulatory compliance can be embedded into cross-border transaction protocols through Project Mandala. The project is a collaboration involving central banks worldwide, including the BIS Innovation Hub Singapore Centre, the...Continue Reading

Bolivian bank Banco Bisa has introduced a stablecoin custody service, allowing clients to buy, sell and transfer USDT. Crypto adoption continues in the South American country of Bolivia as a major bank launched a custody service for Tether’s USDt stablecoin.  Bolivian bank Banco Bisa announced a custody service for USDt (USDT), saying it would allow...Continue Reading