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Binance Announces Support for Fetch.ai (FET) and Terra Classic (LUNA) Network Upgrades
TL;DR Breakdown Binance announces support for the Fetch.ai (FET) and Terra (LUNA) Classic network upgrades, signaling their commitment to facilitating these blockchain projects. The Fetch.ai network upgrade introduces new possibilities for developers, enabling them to build and deploy AI agents on the decentralized AI-powered ecosystem. Binance, one of the world’s largest cryptocurrency exchanges, has recently announced its support for the upcoming network upgrades of Fetch.ai (FET) and Terra Classic (LUNA). This move aims to enhance the functionality and performance of these blockchain projects, providing users with improved features and capabilities. As Binance continues to play a crucial role in the crypto ecosystem, this support for network upgrades demonstrates the exchange’s commitment to fostering innovation and driving the growth of these projects. Fetch.ai (FET) Network Upgrade Unleashes New Possibilities The first network upgrade covered in Binance’s announcement is Fetch.ai (FET). The Fetch.ai network is known for its focus on artificial intelligence and machine learning, enabling decentralized AI-powered solutions. The forthcoming upgrade brings exciting improvements to the network, expanding its capabilities and unleashing new possibilities for developers and users alike. The Fetch.ai…
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Tether (USDT) to Join Forces with Strike: A Game-Changer for Global Money App Integration
TL;DR Breakdown Tether (USDT) is set to be integrated into the Strike app, a leading global money app, providing users with seamless access to stablecoin transactions. The collaboration between Tether and Strike enables users to leverage the stability of Tether while benefiting from the user-friendly features and global reach of the Strike app. In a groundbreaking move that is set to transform the landscape of digital payments, Tether (USDT), the world’s largest stablecoin, is set to be integrated into Strike, a leading global money app. This partnership opens up a new realm of possibilities, allowing users to seamlessly transact and store their digital assets while enjoying the benefits of instant and low-cost payments. The collaboration marks a significant milestone in the adoption of cryptocurrencies as a mainstream means of financial exchange. With this integration, the potential for widespread usage of cryptocurrencies for everyday transactions is poised to soar. Tether (USDT) and Strike: A Powerful Integration Under this new integration, Tether (USDT) will be incorporated into the Strike app, which already supports various fiat currencies and Bitcoin (BTC). This development is…
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Stepn launches in-app NFT marketplace with Apple Pay integration
TL;DR Breakdown Stepn launches in-app NFT marketplace within its iOS app, allowing users to buy and sell digital assets directly. The integration of Apple Pay streamlines transactions, enabling users to purchase NFTs using credit and debit cards. Stepn circumvents Apple’s 30% fee by introducing an in-app currency called Sparks, abstracting the crypto elements and incorporating the fees into the process. Stepn, the innovative mobile “move-to-earn” game that rewards users with crypto tokens for physical activity, has taken a groundbreaking leap in the blockchain world. The app has unveiled its in-app marketplace for NFT sales, accessible within its iOS app for Apple’s iPhone. Moreover, Stepn has integrated Apple Pay, enabling users to make purchases using credit and debit cards. Enabling NFT purchases and streamlining transactions Typically, mobile apps do not support NFT purchases on the secondary market due to the complexities associated with the 30% fee imposed by Apple and Google on most in-app transactions, including NFTs. App developers face the choice of either passing on the extra fee to users or absorbing it as a cost of doing business. In…
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FTX considers reboot as new CEO aims to revive crypto exchange
TL;DR Breakdown Bankrupt crypto exchange FTX is considering a reboot plan, according to court filings and the efforts of new CEO John Ray III. Meetings with creditors and debtors have taken place to discuss the restructuring and potential launch of FTX 2.0. The news of a possible reboot has boosted the price of FTX’s native token, FTT, but concerns remain about the viability of the plan and the exchange’s past technical challenges. The bankrupt crypto exchange, FTX, may soon embark on a revival journey as its new CEO, John Ray III, works on a reboot plan, according to recent court filings. However, the compensation report filed by the FTX team highlights Ray’s efforts in relation to the Chapter 11 bankruptcy, with a specific mention of rebooting the exchange. Hints of a reboot: A glimmer of hope In January of this year, Ray first mentioned the possibility of rebooting the struggling crypto exchange. Reports at the time indicated that the bankrupt exchange had discovered $5.5 billion in liquid assets, and the new CEO was collaborating with creditors on a revival plan….
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AI threatens Google and Amazon’s future – How?
TL;DR Breakdown Bill Gates envisions a future where a personal AI agent could replace the need for search and ecommerce platforms like Google and Amazon. This AI assistant could be the product of either a tech giant or a pioneering startup, with companies like Inflection.AI showing promise. In a world where technology continues to evolve at an astonishing pace, AI’s capacity to revolutionize our everyday routines has the potential to put giants such as Google and Amazon in an unexpected predicament. Bill Gates, Microsoft’s co-founder, sheds light on how AI could be the driving force that redefines our interactions with these tech behemoths. A Revolution Led by AI Personal Agents Gates recently shared his insights at an event focused on AI, hosted by Goldman Sachs and SV Angel in San Francisco. He proposed a future where the leading AI entity will likely birth a personal digital agent. This AI assistant, yet to be conceptualized fully, would be equipped to comprehend individual needs and habits, executing tasks ranging from reading unread articles to managing productivity. This, Gates believes, could be a…
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Dash blockchain experiences downtime during its hard fork
TL;DR Breakdown Dash experiences downtimes during its V19 hard fork activation. The project is looking for a way forward after the event. The Dash blockchain encountered a stall during the activation of its Dash Core v19 hard fork, causing concerns among developers and users. Samuel Westrich, the chief technical officer of network, announced the issue via a tweet on the morning of May 21. The developers swiftly responded by announcing a fix in the form of v19.1.0 approximately 13 hours later. Dash network stalls during V19 hard fork During the downtime, its developers cautioned users, stating that blocks and transactions on the Dash network lacking ChainLock and InstantSend locks should not be assumed to have true finality. These security features, unique to it, play a crucial role in ensuring the integrity of the blockchain. In response to the disruption, Binance temporarily suspended the distribution of Dash mining rewards until the blockchain was operational again. The initial update, which was announced on April 10, aimed to enhance security through BLS signatures, implement a high-performance master node system, and introduce wallet improvements….
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Top crypto tweets of the day – May 22nd
Contents hide 1 Can Ledger Recover allow recovery of Bitcoin private keys in the event of a subpoena? 2 Hotbit announced the suspension of operations today 3 Bitcoin Pizza Day: 10,000 BTC for 2 Pizza 4 The Tornado Cash attacker obtains a total of 483,000 TORN from the governance vault 5 Dubai to house first Bitcoin tower 6 BTC Realized Price just reached a 5-month high of $20,160.92 7 Australian Stock Exchange (ASX) ditches plans to rebuild its software platform with blockchain 8 Gemini: DCG did not pay the approximately $630 million that came due last week 9 Coinbase pushes TV Campaign in DC 10 Binance’s market share plunged over 10% in March Can Ledger Recover allow recovery of Bitcoin private keys in the event of a subpoena? Ledger CEO, Pascal Gauthier, explains that Ledger Recover would give the state the ability to recover your #Bitcoin private keys in the event of a subpoena. pic.twitter.com/KWaXcgtMqr — The ₿itcoin Therapist (@TheBTCTherapist) May 22, 2023 Hotbit announced the suspension of operations today Just In: Hotbit, an exchange with 5 million users, announced…
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Best Twitter threads of the day – May 22nd
Top 5 AI tools for Product Managers, Product Designers, Software Engineers, and Data Scientists ChatGPT is just the tip of the iceberg. The best-performing product teams will be using much more. Here are the top 5 AI tools for Product Managers, Product Designers, Software Engineers, and Data Scientists (bookmark this): pic.twitter.com/7GX4fXLoDs — Aakash Gupta 🚀 Product Growth Guy (@aakashg0) May 22, 2023 THEME 1: PRODUCT MANAGEMENT Kraftful: Let AI sift through customer feedback to identify the highest priority product improvements. pic.twitter.com/AE04U33QMv — Aakash Gupta 🚀 Product Growth Guy (@aakashg0) May 22, 2023 WriteMyPRD: Make writing Product Requirement Documents a breeze with GPT-3. pic.twitter.com/DWZB5quq0C — Aakash Gupta 🚀 Product Growth Guy (@aakashg0) May 22, 2023 Hypertype: Write emails 10x faster. pic.twitter.com/KpfVbxCOJW — Aakash Gupta 🚀 Product Growth Guy (@aakashg0) May 22, 2023 AskFred: a ChatGPT-like assistant for your meetings. pic.twitter.com/DxWWRDB0xk — Aakash Gupta 🚀 Product Growth Guy (@aakashg0) May 22, 2023 Sense: All of your team’s documents and information automatically organized and interconnected. pic.twitter.com/T2DFiM1rmY — Aakash Gupta 🚀 Product Growth Guy (@aakashg0) May 22, 2023 THEME 2: PRODUCT DESIGN Whimsical: Level…
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Best crypto memes of the day – May 22nd
GNOne day less to #bitcoin halving pic.twitter.com/5sUF46iMnH — Paolo Ardoino 🍐 (@paoloardoino) May 20, 2023 Stock Market & Crypto Traders!😂 #meme #cryptomeme #cryptoworld #cryptocurrency #cryptojokes #btcmeme #bitcoinmeme #eth #tradermeme #trader #Cryptotrader #altcoins pic.twitter.com/5DhzbWKuYn — Block Savvy (@Block_Savvy) May 22, 2023 Bitcoin supremacy👍😂😂#Crypto #Cryptocommunity #CryptoTwitter #cryptocurrency #cryptomeme #Bitcoin pic.twitter.com/R5KiTHc3OY — Janis Queen Gold (@JanisCryto) May 21, 2023 I know where is loss😂😂#Crypto #CryptoNews #cryptocurrencies #CryptoMarket #CryptoCommunity #cryptomeme #Bitcoin #BTC #NFT #NFTCommunity pic.twitter.com/IEU3mO6w1Z — Janis Queen Gold (@JanisCryto) May 19, 2023 Bitcoin is trying to reach 40k 🤭🤭#Bitcoin #cryptomeme pic.twitter.com/zdQZFqcech — Mia Brown (@MissMiaNFTs) May 22, 2023 When bought #bitcoin in 2009#Bitcoin #Crypto #Cryptomeme pic.twitter.com/F5d2FZx9Xc — Mia Brown (@MissMiaNFTs) May 20, 2023 Brain you are👍👏 😄😄#Bitcoin #cryptomeme pic.twitter.com/9Qfcg0qCAS — Janis Queen Gold (@JanisCryto) May 18, 2023 If you know, you know….😉😉#Crypto #cryptocurrency #cryptocommunity #cryptomeme #CryptoTrading #CryptoNews #Bitcoin2023 #Bitcoin #ethereum #Tether #NFTs pic.twitter.com/WpV5UZbavl — Ann Blooonde (@AnnaQueenNFTs) May 18, 2023 Like if agree 😁#Poloniex #cryptomeme #meme #bitcoin $BTC $ETH $LTC pic.twitter.com/IllMAilGhf — Poloniex Exchange (@Poloniex) May 19, 2023 Before Vs After #Cryptomeme #Memes #NFT #ETH #Dogecoin #Crypto #NFTmeme #RespectMeme #Memes #cryptomemes #cryptocurrency #CryptoTwitter #Ethereum…
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Philippines SEC uncovers Gemini’s illegal operations
TL;DR Breakdown The Philippines SEC has issued a warning to the public regarding the investment in Gemini’s Gemini Derivatives product. The SEC advisory, posted on their website, states that Gemini Derivatives falls under the category of securities according to Philippine law and should be registered with the SEC. The agency warns that individuals selling or promoting unregistered securities may face penalties, including fines of up to 5 million pesos ($89,826) or imprisonment for up to 21 years. The Securities and Exchange Commission (SEC) in the Philippines has issued a warning to the public regarding the investment in Gemini’s Gemini Derivatives product. The SEC advisory, posted on their website, states that Gemini Derivatives falls under the category of securities according to Philippine law and should be registered with the SEC. However, Gemini lacks the necessary licensing and authority to operate in the country, making it an unregistered security. The advisory also highlights the complaints filed by the United States Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission against the crypto exchange. It further quotes comments made by…