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Bybit, a Dubai-based cryptocurrency exchange, has announced the listing of PayPal USD stablecoin, PYUSD. PYUSD is a stablecoin issued by Paxos, a New York-based regulated financial company. The listing of PYUSD marks a significant collaboration between Bybit and PayPal, two leading players in the traditional and crypto payment sectors. By integrating
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The price rally is accompanied by over 22% increase in the 24-hour global trading volume to $556 million. The IMX-Korean won (IMX/KRW) pair listed on South Korea's Upbit exchange accounted for nearly 20% of the global activity, followed by Binance's IMX-tether (IMX/USDT) pair, which contributed 7% to the total volume,
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INX Digital Company Inc. announces the upcoming listing of asset-backed Unicoin security token on INX.One, expanding its regulated assets portfolio. A U.S.-regulated broker-dealer, INX Digital Company divulged its plans through an official press release. Unicoin is set to join INX’s regulated trading platform that specializes in crypto and tokenized assets. A strategic
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The amount to be charged has not been revealed. Currently, the X platform has 550 million monthly users who generate 100 to 200 million posts every day. On Monday, tech billionaire Elon Musk had a conversation with Israeli Prime Minister Benjamin Netanyahu. The discussion was mostly about the theoretical risks of artificial intelligence
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Paolo Ardoino, chief technology officer of Tether, announced the launch of the testing phase for Moria, the company’s Bitcoin mining platform. In a posting on X (formerly Twitter), Ardoino declared the platform has achieved a significant milestone during this phase by deploying its initial batch of containers and miners, including extended
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Artificial intelligence (AI) has been making waves in various industries across the globe. However, the conflict between its usefulness and its ability to infringe on intellectual property (IP) has been a particular struggle in the creative industries.Major players in the music industry, from artists and record labels to institutions like
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Crypto winter keeps sparking consolidation among crypto firms. The latest deal in the industry is the acquisition of payments and accounting platform Gilded by one of its competitors, Bitwave. According to a statement shared with Cryptox, the acquisition is expected to enhance Bitwave's enterprise solutions, including crypto payments and invoicing features,
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EY says that its new AI tool will help client and client users with the responsible adoption of AI, for strategy, tax, and other purposes. British multinational professional services giant EY has announced a new artificial intelligence (AI) tool to offer AI-powered services to its clients. The new tool, EY.ai, will
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The plan, “Alchemy Scale Tier,” will consist of two options that let developers choose how much they want to commit to the platform, both financially and computationally. Source
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