News

Binance Introduces Risk Warning Banner

In a bid to maintain a high-quality platform for all users, Binance has resolved to introduce a risk warning banner alongside a pop-up notification for tokens that have undergone significant changes to their tokenomics and supply. Binance, a decentralized exchange that values community feedback, has heard the Binancians’ concerns and is now taking action to …

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Creo Announces Partnership with SoonVerse to Boost Web3 Gaming

Creo announces a partnership with SoonVerse, a prominent Web3 games and metaverse accelerator. SoonVerse, an AI-Generated Games (AIGG) platform, utilizes AI at every stage of game development to streamline processes and foster creativity, delivering an unmatched gaming experience. This collaboration aims to introduce these innovations to the Web3 gaming community through the CreoPlay platform. Both …

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Tectum Staking

Tectum Announces Changes to $TET Staking Program Amid Transition to New Consensus Model

The Tectum community has been informed of significant updates to the $TET Staking Program as the platform transitions to a new consensus model, known as the Ivy Tree Consensus, and introduces a new staking structure. As part of this shift, the staking pools with 120, 150, and 180-day lifespans will be discontinued starting from October …

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Ohio Modernizes Tax System to Accept BTC Payments

Ohio, the first U.S. state to accept Bitcoin for tax payments, positioning itself as a pioneer in crypto-friendly regulation in 2018 introduced a new bill to widen crypto adoption. Ohio recently took a significant step toward broader crypto adoption by introducing a new bill that allows residents to pay state and local taxes using cryptocurrencies …

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Gemini to Exit Canada by Year-End

Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has officially announced it will cease all operations in Canada by December 31, 2024. This decision follows the increasing regulatory pressures in the Canadian crypto landscape, which have prompted other major platforms like Binance, OKX, and Bybit to also exit the country. Regulatory Compliance Challenges The …

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Hive Digital

Hive Digital Expands into Artificial Intelligence

Hive Digital, a leading crypto mining firm, has adapted its business model by pivoting toward artificial intelligence (AI). The company has repurposed its $66 million investment in Nvidia GPUs, initially intended for crypto mining, to power AI workloads. Hive executives Frank Holmes and Aidan Killick shared insights into the company’s AI strategy in an interview. …

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Setinel VPN Sentinel Shield

Sentinel VPN releases Sentinel Shield dVPN for apple devices

The Sentinel VPN team has released the Sentinel Shield dVPN application for Apple devices. The app is now available on the App Store for iOS, iPad, and Mac users. It provides decentralized VPN services with a focus on privacy and security. Key features include: Sentinel Shield’s approval followed months of discussions with Apple. The team …

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FED’s Bostic Signals Bullish Outlook with Potential Rate Cut in Q4

Federal Reserve Bank of Atlanta President Raphael Bostic has hinted at the possibility of a half-percentage-point rate cut in November, fueling market optimism for Q4 2024. This potential move would aim to stimulate the economy by lowering borrowing costs, potentially boosting housing markets, business investments, and consumer spending. For investors, a rate cut could increase …

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Crypto Market Eyes U.S. Employment Data Amid ‘Uptober’ Rally Buzz

As October begins, the crypto market is buzzing with excitement over the possibility of an ‘Uptober’ rally, a phenomenon where Bitcoin and other cryptocurrencies historically perform well. This year’s anticipation is further fueled by the upcoming U.S. employment data, set to release on October 4, which could play a pivotal role in shaping market sentiment. …

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