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Tether launches recovery tool to migrate USDT between blockchains

Tether will allow users to move their USDT between blockchains if any of the operated blockchains become unresponsive. Major stablecoin issuer Tether has launched a recovery tool to migrate its Tether USDT stablecoin between different blockchains amid USDT hitting a $100-billion market capitalization. Tether announced the launch of a blockchain recovery plan on March 4 to ensure…
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Can voters spot AI deepfakes ahead of the 2024 presidential elections?

Super Tuesday has arrived in the U.S. as it approaches the 2024 presidential election, and the ability to spot AI-generated deepfakes will be crucial for voters trying to stay accurate and up to date. The United States is one of the many nations around the world that is gearing up for a major election cycle in 2024.…
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Fetch.ai announces GPU rewards for tokenholders after $100M infrastructure investment

The incentive program will be available to FET stakers starting March 7. Crypto artificial intelligence project Fetch.ai, built on Cosmos, is allocating $100 million to an infrastructure program, dubbed Fetch Compute, that will expand the tools, computing power and training capabilities of developers alongside providing GPU credits for its users. According to the March 5…
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Bitcoin daily withdrawals challenge records as $2B leaves exchanges

Bitcoin is exiting exchanges at the fastest pace since mid-2021 and is on track to set new historic records in U.S. dollar terms. Bitcoin is leaving exchanges at the quickest rate in years as BTC price action vies for all-time highs. In a post on X on March 3, James Van Straten, research and data analyst at…
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Nigerian committee summons Binance CEO over financial crime suspicions

The committee’s Chair, Ginger Onwusibe, warned that if Binance ignores the summons, the committee will exercise its constitutional authority and take necessary actions. The Nigerian House of Representatives Committee on Financial Crimes has called Binance CEO Richard Teng to appear before the committee over suspicions of terrorism financing and money laundering. According to a local…
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SEC Coinbase Lawsuit Causes Explosion With Judge’s Ruling

Key Points: A federal judge rules in favor of the SEC Coinbase lawsuit, affirming crypto assets as securities. Wahi settles with the SEC and DOJ, and Ramani faces legal action for involvement in trades. Kraken contests the SEC lawsuit, alleging retaliation, amid regulatory debate on crypto securities. According to Fortune, a federal judge in the…
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SEC Coinbase Lawsuit Causes Explosion With Judge’s Ruling

Key Points: A federal judge rules in favor of the SEC Coinbase lawsuit, affirming crypto assets as securities. Wahi settles with the SEC and DOJ, and Ramani faces legal action for involvement in trades. Kraken contests the SEC lawsuit, alleging retaliation, amid regulatory debate on crypto securities. According to Fortune, a federal judge in the…
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Vitalik Endorses Reddit’s Bold Contributor Revolution Unveiled on Warpcast!

Key Points: Ethereum co-founder, Vitalik Buterin, expresses strong support for Reddit’s innovative venture into contributor ownership on Warpcast. Buterin’s commendation underscores the significance of decentralized decision-making in online forums, potentially reshaping the digital landscape. Ethereum co-founder Vitalik Buterin shared his thoughts on Reddit’s bold experiment with contributor ownership.   Expressing strong support for the initiative,…
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Bitcoin Is Now Less Than 10% Away From a New ATH!

Key Points: Bitcoin less than 10% away from a potential all-time high (ATH). Market buzz as Bitcoin’s value surges, indicating robust growth and profit potential. Witness the excitement as Bitcoin inches closer to breaking records! Bitcoin is tantalizingly close to marking a historic milestone, standing less than 10% away from achieving a new ATH.The crypto…
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Hong Kong allocates $383 million for Cyberport AI scheme

The program intends to help local universities, research institutes and businesses use the AI Supercomputing Center’s computing capabilities. The Hong Kong government has decided to allocate $3 billion Hong Kong dollars ($383 million) to its Cyberport business park as part of a three-year artificial intelligence (AI) subsidy scheme, according to Paul Chan, Hong Kong’s financial…
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