Zaros, one of the decentralized finance (DeFi) projects, announced that it has decided to terminate its activities due to insufficient funds. In …
Project
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Finance
Tether CEO Unveils Ambitious Open-Source AI Project — Here’s What It Means
by shayaanby shayaanTether’s CEO, Paolo Ardoino, has announced the company’s entry into artificial intelligence with a project called Tether AI. This isn’t just another …
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Markets
Movement (MOVE) Plummets After Top US Crypto Exchange Coinbase Axes Support for the Layer-2 Project
by shayaanby shayaanThe Ethereum (ETH)-based layer-2 project Movement (MOVE) cratered to an all-time low on Thursday after Coinbase announced it would axe trading support …
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This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Have you ever wondered why stock trades take days …
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Regulation
El Salvador’s Economy Minister Says Bitcoin Accumulation Spree an ‘Important Project’ Despite IMF Deal: Report
by shayaanby shayaanA top El Salvador official reportedly says Bitcoin (BTC) purchases are continuing despite a loan agreement with the International Monetary Fund (IMF) …
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Smart Contracts
Sam Altman’s Eyeball-Scanning Crypto Project Hits the US ‘At Last’
by shayaanby shayaanThe promise of free crypto in exchange for your biometric data is now live in the US, thanks to World, the eyeball-scanning …
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Markets
Sam Altman’s World Crypto Project Launches in US With Eye-Scanning Orbs in 6 Cities
by shayaanby shayaanSam Altman’s controversial blockchain project, World, is launching in the U.S. – and said it intends to roll out 7,500 eye-scanning “orbs” in …
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Markets
Coinbase Adds Sam Altman’s Eye-Scanning Crypto Project Worldcoin (WLD) to Listing Roadmap
by shayaanby shayaanCoinbase, the largest crypto exchange in the US, has announced the possibility of listing Sam Altman’s World Network (WLD). In a post …
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Markets
KuCoin Commits $2 Billion to “Trust Project” Focusing on Crypto Security and Transparency
by shayaanby shayaanDigital assets exchange KuCoin has unveiled a new initiative, the “Trust Project,” with a massive $2 billion investment aimed at reinforcing user …
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Finance
Abu Dhabi launches new Dirham-backed stablecoin project, backed by major institutions
by shayaanby shayaanAbu Dhabi’s International Holding Company, ADQ, and First Abu Dhabi Bank announced plans to launch a dirham-backed stablecoin, fully regulated by the …