Mehen Finance delivers USDM


Mehen Finance, the company responsible for Cardano’s initial fiat supported stablecoin, has now introduced USDM. The procedure for onboarding institutional clients will commence soon, paving the way for USDM to make its on-chain presence felt in the following week. There was a period when a strong...

Jupiter Soars by Nearly 100%, Leading This Week’s Crypto Gainers


Over the past week, bitcoin and ethereum faced declines, while a number of alternative cryptocurrencies enjoyed significant appreciation. Notably, JUP soared by 99.5% against the dollar, with WIF climbing 42% and SOL increasing 37% in the same period. Alternative Crypto Assets Outshine Bitcoin...

Pakistan Faces IMF Pressure to Tax Crypto and Real Estate


The International Monetary Fund (IMF) has stipulated that Pakistan's Federal Board of Revenue (FBR) must levy a capital gains tax (CGT) on cryptocurrency investments The post Pakistan Faces IMF Pressure to Tax Crypto and Real Estate appeared first on Cryptonews

Shiboshi’s NFTs Lead Quiet & Transformative Movement In SHIB Burns


A collection of 10,000 non-fungible tokens generated by Shiba Inu, Shiboshi, has led a silent yet transformative revolution in NFTs, vital in reducing SHIB’s circulating supply through strategic and deliberate burning efforts.  The community of Shiba Inu, also known as the exclusive Shib...

Marathon Digital to take over Applied Digital’s data center


Marathon Digital, one of the largest publicly traded Bitcoin miners, is set to take over Applied Digital’s 200 megawatt Bitcoin mining data center for almost $87M in cash payment. The data center is in Garden City, Texas, and uses renewable energy. For Marathon, it is the second such acquisition...

Theta EdgeCloud’s progress to the latest AI Compute Infrastructure


In early 2022, Theta Labs CTO Jieyi Long and the engineering team began exploring AI, distributed systems, and machine learning applied to blockchain after inviting Peking University Professor of Computer Science Zhen Xiao as an academic advisor.  Jieyi published a groundbreaking research paper...

Banana Gun vs Bitbot – Grok AI weighs in on the hottest crypto bot token


As Banana Gun and Bitbot go head to head in 2024, Grok AI, the groundbreaking AI model developed by Twitter supremo Elon Musk, is weighing in on this year’s hottest Telegram trading bot token debate. The features of both Banana Gun and Bitbot have been fed into Grok AI to help investors make...

NodeMonkes’ 53% Price Leap Sparks Bitcoin NFT Frenzy!


An unbelievable series of events are occurring in the NFT world of the Bitcoin network, in which the floor price of the NFT of the NodeMonkes collection jumped to more than 50% in the past 24 hours, the attention which comes in most of the crypto community and the digital artists. Such an influx...

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