Cryptocurrency Analysis and News Portal
Baidu recently saw its shares take a massive hit following a pre-recorded unveiling demo of ChatGPT rival Ernie bot. The shares of Chinese multinational tech company Baidu plunged to an 8-week low after the company unveiled a ChatGPT rival. On Thursday, Baidu provided a sneak peek into the functionality of its Chinese-language bot
Read More
“One of the biggest challenges that crypto faces in realizing its potential as the future of finance is how to increase on-chain liquidity,” Paul Veradittakit, managing partner at digital asset investment firm Pantera Capital, investor in Maverick. “Maverick makes liquidity work harder, and opens the door to the next phase
Read More
Salesforce is planning to launch Einstein GPT with OpenAI to offer all users and organizations generative services improved by AI. American cloud-based software company Salesforce (NYSE: CRM) has joined a growing list of companies entering the AI (artificial intelligence) space. Salesforce has partnered with Open AI and is set to launch
Read More
Jack Dorsey, the co-founder of the social networking platform Twitter, is progressing with Bluesky — a decentralized Twitter alternative — as its mobile application enters private beta testing.Bluesky has hit the Apple app store as an invite-only app, allowing certain persons to try out the new social experience by creating
Read More
"Essentially, by halting issuance of BUSD, there is no way for the stablecoin to grow. BUSD trading pairs will still be supported by Binance, but traders will gradually start to migrate to other stablecoins, which could be causing the discount on BUSD," Kaiko's research director, Clara Medalie, told CryptoX. Source
Read More
The development of a dedicated lending protocol represents a shift in focus from MakerDAO, which has aligned its revenue model with the issuance of DAI since the latter's inception in 2017. MakerDAO has formed Phoenix Labs, a research and development company that will be tasked with building the Spark Protocol. Original
Read More
With its current positioning, Damus is notably ready to take on the privacy communication model beyond the big tech.After its initial rejection, Damus, a decentralized social media platform messaging platform has finally made its debut on Apple Inc (NASDAQ: AAPL) AppStore. As reported by The Block, the social platform went
Read More
A host of big banks in America are collaborating on a payment wallet to facilitate debit & credit-driven online retail transactions. Several big American banks are reportedly planning a payment wallet to facilitate online shopping. These banks include Wells Fargo (NYSE: WFC), Bank of America (NYSE: BAC), JPMorgan Chase (NYSE: JPM), and four other financial institutions. According to the
Read More
According to Goldman’s 2023 macroeconomic, the recession in the UK will come close to the crunch in sanctioned Russia. Goldman Sachs (NYSE: GS) economists recently predicted that in 2023, the economic recession in the UK could hit as badly as Russia’s. In its macro-outlook for this year, Goldman touched on how the sharp decline in British
Read More
“We were previously exploring a potential acquisition by Nexo as part of the proposed restructuring plan,” Vauld said in a private message on Twitter. “To provide a very brief summary, our discussions with Nexo have unfortunately not come to fruition.” Source
Read More