XPL Token Surges 52% After Plasma Launch
Plasma’s mainnet launch boosted $XPL by 52% to $1.26, with trading volume surging over 18,000%. Supported by @Binance, @Aave, and @Chainlink, Plasma aims to dominate DeFi. #Update #Crypto $XPL
Crypto News
General category for all types of news related to the cryptocurrency world.
AI Doomer Starves in 4-Week Protest
Guido Reichstadter continues his hunger strike at @Anthropic’s San Francisco office, demanding acknowledgment of AI risks; similar protests by Michael Trazzi and Denys Sheremet at DeepMind have ended. #Update #AI
USDC Eyes Reversible Transactions Boost
Circle considers enabling reversible $USDC transactions, potentially enhancing stablecoin integration in traditional finance but challenging blockchain immutability. #Update #Crypto $USDC
OpenAI Secures $6.5B CoreWeave Deal
CoreWeave secures a deal with OpenAI worth up to $6.5 billion, supporting rapid AI infrastructure scaling amid rising demand. #Update #Tech
USDT Adoption Surges Amid Venezuela Dollar Crisis
Venezuela shifts public spending to $USDT over dollars, marking a significant move toward stablecoins amid economic challenges. #Update #Crypto $USDT
Bitcoin Adoption Soars Across Coffee Shops Airlines
Coffee shops, fast-food chains, and retailers like @Starbucks and @Microsoft now accept $BTC, $ETH, and $XRP payments. Crypto is increasingly integrated into everyday transactions and luxury purchases. #Update #Crypto $BTC $ETH $XRP
Peaq Launches Tokenized Robo-Farm Hong Kong
Peaq, DualMint, and KanayaAI are developing a tokenized vertical robo-farm in Hong Kong, linking farm revenues to NFTs for returns based on food sales. #Update #Tech
Crypto Buybacks Spark Credibility Race
Kadan Stadelmann, CTO at Komodo Platform, stated that treasury companies are engaged in a competition to establish the most appealing structures amidst a potential ‘credibility race.’ #Update #Crypto
Stablecoins Surge in $100B Payments Battle
Stablecoins like $USDC and $XRP are reshaping US payments by offering faster, cheaper transactions than credit cards, potentially capturing 10%-15% of the market, saving billions for merchants. #Update #Crypto $USDC
Blockchain Adoption Surges in Philippines
The Philippines launches Integrity Chain by @BayaniChain to log DPWH contracts on blockchain, enhancing transparency after protests over $33B infrastructure corruption. #Update #Blockchain
Crypto Tax Talks Heat Up in Senate
The US Senate Finance Committee will hold a hearing on digital asset taxation next week, featuring testimonies from @Coinbase and Coin Center officials, aligning with the White House’s July crypto recommendations. #Update #Crypto
AI Coding Adoption Surges But Trust Plummets
Google’s DORA survey reveals 90% of developers use AI tools, yet only 24% trust them, highlighting a trust-productivity paradox in the tech industry. #Update #Tech
Crypto Tournament Launches with WSCT Trading Challenge
@HashHedge and @Walbi launch the World Series of Crypto Trading (WSCT) on October 28-29 in Dubai, featuring eight finalists competing against AI strategies. Winner receives a WSCT bracelet, cash prize, and funded account. #Update #Crypto
ASTER Token Soars 30% Surpassing $2
$ASTER token has surged 30% to over $2, extending weekly gains to 2,200%, with daily trading volume nearing $3 billion as it challenges Hyperliquid’s dominance. Experts predict further upside. #Update #Crypto $ASTER