SpaceX, the renowned aerospace technology firm, reportedly wrote down the value of its Bitcoin holdings by a total of $373 million in 2021 and 2022, according to an Aug. 17 report by The Wall Street Journal. The report suggests that SpaceX may have sold its entire Bitcoin stash, although it remains unconfirmed whether the entire … Continue reading SpaceX dropping $373M worth of Bitcoin led to crypto market crash
OKX, a global Web3 technology firm and cryptocurrency exchange, disclosed its 10th consecutive monthly Proof of Reserves (PoR) report today. The report shows that the exchange holds USD$10.4 billion in primary assets, such as Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). In an effort to understand public sentiment about PoR and transparency, OKX conducted two … Continue reading OKX Discloses Monthly Proof of Reserves, Holding $10.4 Billion in BTC, ETH, and USDT
Ethereum, the blockchain that transitioned to a Proof-of-Stake model, is far from done with its upgrades, according to a report by Binance Research dated September 4, 2023. The report highlights Ethereum’s focus on scalability and decentralization, with Layer-2 solutions and Danksharding being key components. The transition to Proof-of-Stake is merely a “significant milestone,” the report … Continue reading Binance Research: Ethereum's Roadmap for Scalability and Decentralization
In today’s press release from the White House, the Biden-Harris Administration announced that it has secured voluntary commitments from eight more artificial intelligence (AI) companies to manage the risks associated with AI. This move builds upon the commitments from seven AI companies obtained in July. Companies Involved The latest round of commitments includes major tech … Continue reading Biden-Harris Administration Secures AI Commitments from Major Tech Companies
On 17 October 2023, The Sandbox (crypto symbol: SAND), a leading decentralized virtual world platform and a subsidiary of Animoca Brands, welcomed Nicola Sebastiani as its new Chief Content Officer, marking a significant stride in its global content development endeavor. The announcement also introduced two other executive reshuffles within the organization. Nicola Sebastiani, with a … Continue reading The Sandbox Appoints Nicola Sebastiani as Chief Content Officer
Seize control of your data With news of data breaches and scandals around the misuse of people’s data becoming a worrying norm, one company is working to put data ownership back in the hands of individuals and organisations. Akord is a web3 platform offering digital vaults for storage and collaboration. For the … Continue reading Seize control of your data with Akord
Overview of Smodin Smodin is a multifunctional All-in-One online AI writer and rewriter, offering a range of tools designed to facilitate the content creation process. Its services include AI-powered writing assistance, plagiarism prevention, automatic citation generation, and a multitude of language applications. Smodin supports over 100 different languages and is utilized by more than 100,000 … Continue reading Discover Smodin: The All-in-One AI Writing Tool
OKX, one of the world’s leading crypto exchanges and a pioneer in Web3 technology, has announced the listing of Venom Network’s native token, VENOM, on its spot market. This strategic move is set to take place on March 25, 2024, at 8:00 AM (UTC), providing OKX users with the ability to trade VENOM against the … Continue reading OKX Exchange Announces Venom Network's VENOM Token Listing
OKX, one of the prominent cryptocurrency exchanges, has made an exciting announcement regarding the listing of BlockGames (BLOCK) on its spot trading market. This development opens up new opportunities for traders and investors looking to engage with the BLOCK cryptocurrency. According to OKX, the listing schedule for BLOCK is as follows: BLOCK deposits will be … Continue reading OKX Announces Listing of BlockGames (BLOCK) for Spot Trading