Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Marathon Digital announced that the gains on the sale of Bitcoin were $23.4 million in Q2 2023.
Increased Bitcoin demand from institutional investors led by the ETF frenzy and new stablecoins launch has widened crypto liquidity and trading volume.
GPUs have recently become the first-choice chips for large AI models that support generative AI software.
Eli Lilly’s success can be ascribed in part to its promising medical pipeline and strategic acquisitions.
The XRP market is heavily bolstered by the adoption of Ripple payment products including On-Demand Liquidity (ODL) and RipppeNet.
Moody’s is watching the banking sector and has already cut its ratings on several institutions because of ongoing economic headwinds.
The DREX CBDC will utilize distributed ledger technology (DLT) for settling wholesale interbank transactions, and retail access will rely on tokenized bank deposits.
The exchange’s USDC balance was reduced from $3.4 billion on March 1 to $23.9 million by May 1.
The new MPI license makes it possible for Blockchain.com to offer regulated digital payment token services to institutions and accredited investors.
The launch of GPTBot comes a few weeks after OpenAI filed a trademark application for “GPT-5”.
The approval of spot-Bitcoin ETF remains a hot issue of debate among investors, regulators, and financial institutions.
The SoftBank loss surprised analysts who were expecting the company to report a gain, even though the company’s investment arm is up.
Bitstamp is also looking to expand its operations in the UK after securing the FCA license earlier this year.
Scammers may continue to cash in on the PayPal stablecoin launch for as long as possible.
Meanwhile, Chief Executive Officer Tim Cook pointed out that sales of Apple products in the United States were declining.