Author: Ronaldo Markue

Tether, the company behind the famous stablecoin USDT has bought a $100 million share in Bitdeer Technologies group. Bitdeer is a BTC mining industry listed in the US and belongs to Chinese billionaire Jihan Wu. To solidify its position in the BTC mining industry, the agreement offers Tether to have an extra $50 shares within a year. Tether Invests Millions in Bitdeer Bloomberg stated that Tether and Bitdeer made a deal. According to that agreement Tether bought 18.6 billion Class A ordinary shares from Bitdeer, making $100 million in total. Also, it allowed Tether to buy more shares each at…

President Nayib Bukele and Cathie Wood, two big whales, planned to team up to boost El Salvador’s economy with the use of Bitcoin. This will help to attract international investors to take part in building the El Salvador economy. The ARK Invest CEO Cathie Wood said that El Salvador’s Gross Domestic Products could increase tenfold in the coming 5 years. For this, he had to stay with the Bitcoin and AI adoption plan under the supervision of President Nayib Bukele. “President Bukele’s determination to turn El Salvador into an oasis for the Bitcoin and AI communities — two of the…

To enhance cybersecurity, 7% of central banks are already using generative AI, with more planning to adopt it, according to a BIS survey. Many central banks have taken a great interest in generative artificial intelligence (AI), and the Bank for International Settlements (BIS) believes that AI has the potential to be widely used. Comprising sixty-three central banks and monetary authorities, the BIS is an international financial institution. It polled 32 members of the central bank. They expressed interest in employing generative AI technologies for cybersecurity. According to the report: “Over two-thirds (71%) of respondents are already using gen AI, and…

A layer 1 blockchain named Aptos, created by Facebook employees, sets a new record in the history of blockchain transactions. Aptos injected 115.4 million into Solana in just a single day on May 25.This far surpassed Solana’s 31.7 million transactions on the same day, according to Aptoscan. The increase in transaction volume not only broke previous records but also left Sui Network’s L1 record of over 65 million behind by a remarkable lead of over 50%. The increasing growth of Aptos in terms of transactions showed that people are using this platform. It also reflects the increasing momentum of the…

Litecoin, a peer-to-peer cryptocurrency, that is also considered the next Bitcoin killer, is, now trading at a price of $84.81, recently down by 0.36% from yesterday. LTC, created in 2009 by Charlie Lee, started trading from $4.1, giving a total rise of 1872.84%. After Bitcoin, it was the first token to gained popularity because its creation was based on Bitcoin protocol but differs in using a hashing algorithm and its max supply. It uses a Scrypt to mine, which consumes lots of memory, miners can mine a Litecoin by using regular computer hardware like GPU. The number of coins minded…

Solana dropped 4.3% of its value in the last 24 hours, however, its price declined $166 on the day when no major bear hit the market. Although the market condition is unfavorable for Solana, still it produces a gain of 7% from the last week. Solana gained 22% in the last two weeks, an impressive 775% increase over the past year. As the coin holds strong long-term momentum, this can be an opportunity for traders to jump in and enjoy the dip as a discount before it spikes again. Solana Price Prediction: What Position It Can Achieve Solana’s price dropped…

Elon Musk claims that several leading artificial intelligence projects nowadays are being trained to “basically lie.” Elon Musk, a billionaire tech entrepreneur, has expressed his worries about possible bias in current artificial intelligence (AI) protocols. Musk stated the following in his talk at Viva Tech Paris 2024: “The biggest concern I have is that they are not maximally truth-seeking. They are pandering to political correctness.” Elon Musk brought attention to instances of political correctness. He brought up a case with Google’s Gemini AI. Is it possible for the AI to misgender Caitlyn Jenner to avert a worldwide nuclear catastrophe? In…

BTC broke previous records by raising the price of 1 Bitcoin above 11 million Yen in Japan; however, the price of this token also skyrocketed in the Philippines and Argentina. As of today, Bitcoin has made history by reaching an all-time high in several countries in Asia and South America. The BTC price rose 7%, driving it close to the United States Dollar peak. In the last 24 hours, Bitcoin managed to Break a resistance of $68,800 and touch the figure of $71,650. A rise of more than 7% on May 21, which is its highest gain in the last…

Phantom Wallet is now ranked third in the Apple App Store’s utility category. Many cryptocurrency analysts see this as a bullish sign for Solana. Phantom Wallet has secured third place in the utility category on the Apple App Store. It ranks behind Google and Google Chrome apps. Analysts covering crypto predict that Solana (SOL) may enjoy this rise. At first, Phantom Wallet remained limited to Solana. “Seems like the SOL season is going to be Big! What SOL coins shall I buy?” on May 19, crypto entrepreneur Evan Luthra posted a question to his 413,900 X followers. “Phantom wallet is…

Pink Drainer announces retirement after reaching a milestone of $85 million in stolen assets, renowned for enabling cryptocurrency thefts. In an announcement on Telegram, Pink Drainer, a notorious crypto-wallet draining kit, called out his retirement from the robbery. He made this announcement after reaching his goal of stealing over $85 million in digital assets. “After this message’s publication, we will begin winding down our infrastructure. All stored information will be wiped and securely destroyed. When asked by a crypto platform, the person behind the encrypted messaging service channel ‘Pink’ said, “I don’t want to talk about it. Goodbye.” After this,…