In April, Avalanche’s monthly active addresses were up 86%; furthermore, there was a 35% drop in monthly decentralized exchange (DEX) volume. In April, the Avalanche [AVAX] ecosystem released a status report that included significant updates on network performance and platform upgrades. One of the major conclusions was the exponential growth of active addresses. On May […]
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The ethical issues raised by the widespread adoption of AI are the subject of global debate. Can an AI chatbot be trusted to behave ethically, and in accordance with the best interests of human users? Researchers have developed a constitution for the cognitive processes of one such chatbot. As the age of AI progresses, the […]
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Just months after a court ruling, Ripple acquires Metaco, a cryptocurrency custody company based in Switzerland, for $250 million in cash and Ripple equity. Amid shaky regulatory pressure from the SEC, Ripple considers its location change. Ripple acquires Metaco, as regulatory pressures mount and its legal dispute with the SEC draws to a close. The […]
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The latest news from Tether is that the company behind the market-leading USDT stablecoin is looking to allocate a portion of its profits to buy Bitcoin, as the objective is to diversify the reserves of the largest stablecoin in the market. The “investment strategy is aimed at further strengthening its reserve portfolio,” Tether said in […]
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With a $222M Bitcoin investment, USDT issuer Tether increases the capacity of its stablecoin. The company behind the USDT stablecoin, Tether, announced a recent purchase of $222 million worth of Bitcoin. With this new step, the company seeks to maintain the 1-to-1 correlation of its stablecoin with the US dollar. The most recent certification report […]
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