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Support for Paying for Gas in USDT is Coming to Several L2sTether CEO Paolo Ardoino said that various independent Layer ...
04/11/2024

Support for Paying for Gas in USDT is Coming to Several L2s

Tether CEO Paolo Ardoino said that various independent Layer 2 (L2) solutions are working on integrating USDT as a means of paying for gas commissions. However, he denied rumors of Tether creating its own blockchain, noting that the company has a policy of neutrality and aims to collaborate with different networks.

Ardoino also hinted at an update to Tether's product line, which has been delayed by a week due to the current political tumult. In June, the company announced plans to invest more than $1 billion in promising startups and released the first gold-backed stablecoin.

Recall that in July, Tether considered launching its own network, but abandoned the idea due to high competition in the blockchain market.

Digest: top venture news of the past day 👔 Turkish startup Insider, which develops marketing tools for businesses, has ...
04/11/2024

Digest: top venture news of the past day

👔 Turkish startup Insider, which develops marketing tools for businesses, has raised $500M in funding.

🏠 Startup Backflip has received $184M to develop a platform that helps invest in real estate and manage assets.

💪 Swedish MedTech platform Yazen, which offers weight loss help through medication and exercise, has raised €19.5M.

Cryptocurrency exchange rates on November 4, 2024.
04/11/2024

Cryptocurrency exchange rates on November 4, 2024.

Cryptoasset Market on the Verge of CorrectionQCP Capital analysts warn of a possible correction in the market. In their ...
10/10/2024

Cryptoasset Market on the Verge of Correction

QCP Capital analysts warn of a possible correction in the market. In their opinion, the growth of funding rates for perpetual contracts on leading exchanges, such as Deribit and Binance, indicates a weakening of buyers' positions.

The situation is exacerbated by increased interest in speculative assets like meme tokens, which usually indicates an overheated market and increases the risk of sudden sell-offs. Nevertheless, the company maintains an optimistic outlook for the medium to long term, recommending that investors use the current declines to accumulate assets.

Analysts at BRN add that the upcoming inflation reports (CPI and PPI) due on October 10 and 11 could increase market volatility. In case inflation is confirmed to be lower, bitcoin could get a new impetus for growth. Earlier, Bitwise voiced its forecast, according to which the price of bitcoin could exceed $80,000 by the end of the year, and Standard Chartered sees the potential for multiple growth of Solana if Donald Trump wins the US presidential election.

Digest: top venture news of the past day💉 BioTech company Basecamp Research has raised $60M to develop new drugs through...
10/10/2024

Digest: top venture news of the past day

💉 BioTech company Basecamp Research has raised $60M to develop new drugs through AI.

🔐 HUMAN Security has attracted $50M to strengthen cybersecurity and fraud protection systems.

🚜 xFarm has raised €36M to build a universal app with tools for farmers, including finance and insurance.

💼 Qantev has raised €30M to develop an AI platform for insurance claims analysis and decision making.

📊 Mutinex has raised $17.5M to improve its platform for evaluating the effectiveness of marketing strategies.n

Cryptocurrency exchange rates on October 10, 2024.
10/10/2024

Cryptocurrency exchange rates on October 10, 2024.

HBO called Peter Todd the creator of bitcoinThe authors of the documentary Money Electric: The Bitcoin Mystery of the HB...
09/10/2024

HBO called Peter Todd the creator of bitcoin

The authors of the documentary Money Electric: The Bitcoin Mystery of the HBO television network presented Peter Todd as Satoshi Nakamoto. However, the 39-year-old developer himself rejected this version, and the community expressed doubts in the conclusions of the filmmakers.

At the time the bitcoin white paper was published in 2008, Todd was a fine arts student and had no experience in cryptography. Despite this, even then he was already in contact with cryptographers Hal Finney and Adam Beck and subsequently became a key figure in discussions on the BitcoinTalk forum.

The HBO movie bases its arguments on Todd's message about transaction value regulation, which they believe was mistakenly sent on Satoshi's behalf. However, many analysts have questioned this hypothesis, and Todd himself responded to director Cullen Hoback's assumptions with irony.

Digest: top venture news of the past day🦄 EvenUp, an AI platform for lawyers, has raised $135M, becoming a unicorn⚓️ Aug...
09/10/2024

Digest: top venture news of the past day

🦄 EvenUp, an AI platform for lawyers, has raised $135M, becoming a unicorn

⚓️ Auger, AI for supply chain management, has attracted $100M

🔗 Q-CTRL, quantum computing software, has raised $86.3M

👨‍🔬 Distributional, AI model testing, has attracted $19M

Cryptocurrency exchange rates on October 9, 2024.
09/10/2024

Cryptocurrency exchange rates on October 9, 2024.

Digest: top venture news of the past day🚁 Startup Joby Aviation has raised $500M to further develop its five-seat air ca...
07/10/2024

Digest: top venture news of the past day

🚁 Startup Joby Aviation has raised $500M to further develop its five-seat air cab to make urban air transportation a reality.

💻 All Eyes On Screens (formerly AdScanner), a startup that uses AI to improve ad targeting, has raised €10M to create new technologies for the advertising industry.

🪄 MedTech startup Feno has raised $6M to develop its smart toothbrush that makes dental care more efficient and personalized.

🎨 AI startup Runware, which develops generative AI to create unique images, has raised $3M to expand its technology platform.

Cryptocurrency exchange rates on October 7, 2024.
07/10/2024

Cryptocurrency exchange rates on October 7, 2024.

Ethereum is Undervalued, Expert on ProspectsEthereum has been criticized in recent months due to its weak price performa...
19/09/2024

Ethereum is Undervalued, Expert on Prospects

Ethereum has been criticized in recent months due to its weak price performance. But according to Bitwise's investment director Matt Hougan, the situation is about to change. He is confident that the current dislike of ether is a temporary phenomenon. "It's cool to hate Ethereum right now. I bet it will look silly in the long run," states Hougan.

Ether is indeed going through challenging times. Since the launch of an ETF on the coin in July, when the price was as high as $3500, it has fallen to just above $2400. Against bitcoin, ether is also showing weakness, having updated a local bottom below the 0.04 BTC level, which hasn't happened since April 2021.

Despite these challenges, Hougan emphasizes that Ethereum's fundamental advantages remain significant. Almost all successful applications, including stablecoins, DeFi solutions and tokenized assets, are built on this blockchain. Moreover, giants such as BlackRock and Nike have already chosen Ethereum to power their Web3 projects, and the ether ecosystem continues to attract the biggest developers and users.

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The Bay Gate Dubai, Business Bay
Dubai

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Monday 11:00 - 21:00
Tuesday 11:00 - 21:00
Wednesday 11:00 - 21:00
Thursday 11:00 - 21:00
Friday 11:00 - 21:00
Saturday 09:00 - 21:00
Sunday 11:00 - 21:00

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