Illinois may soon become the first U.S. state to hold Bitcoin in its fiscal reserves if lawmakers approve the Strategic Bitcoin Reserve proposal referred to Rules Committee by John Cabello. On Jan. 29, the Bitcoin Strategic Bill was referred to the Rules Committee to establish regulations and fast-track its approval process. Illinois State Rep. John Cabello
Funton has formed a strategic partnership with HeLa Network to combine the strengths of decentralised gaming and AI to offer new tools and opportunities for developers and players. Through this partnership, Funton’s gaming platform will integrate with HeLa’s blockchain ecosystem, providing a streamlined way to deploy decentralised games and gamified experiences across web3 applications. By leveraging
According to an official report published on January 27, Ripple has secured two Money Transmitter Licenses in Texas and New York. Ripple highlighted that these states have shown strong interest in real-time cross-border payments, fueled by increasing demand from banks and cryptocurrency businesses. Ripple, the leading company in cross-border remittance, is celebrating a significant achievement
After Ripple scored a political victory that deprioritized BTC, critics say it’s derailing plans for a US National Strategic Bitcoin Reserve. Source link
Over the weekend, Chinese AI company DeepSeek released an AI chat app including a “reasoning” AI model comparable to OpenAI’s o1, causing a stir among American AI companies as DeepSeek rose to the top of Apple’s App Store. DeepSeek is a Hangzhou, China-based company providing generative AI models and AI integration. Its first products to
Elon Musk’s Department of Government Efficiency (DOGE) claims it’s slashing $1 billion daily by cutting unnecessary hires, DEI programs, and foreign payments—aiming for $3 billion in savings. DOGE’s $1B-a-Day Cuts Are Just the Start—$3B in Sight! The Department of Government Efficiency (DOGE) is reportedly saving the federal government approximately $1 billion per day, according to
Key Takeaways The Fed maintained rates at 4.25%-4.50%, with Powell avoiding commitments on future cuts while removing prior language on inflation progress. Bitcoin declined 1% following the Fed’s announcement but remains above $100K, currently trading just below $102K. Share this article The Federal Reserve maintained interest rates between 4.25% and 4.50% on Wednesday, while removing
The newly rebranded layer-1 blockchain Sonic (S) is being called the “golden standard” of layer-2s (L2s) by Andre Cronje, the project’s co-founder. Cronje claims on the social media platform X that Sonic, formerly known as Fantom, is the “only actual decentralized stage 3 L2.” “No fee extraction, all submits 100% to ETH, no ‘centralized value
Monaco is set to become a major hub for web3 innovation in 2025, hosting a groundbreaking event from June 27 to June 28. Building on the success of NFTFEST 2024 in Brussels, this year’s Monaco event will broaden its scope by addressing key themes such as the integration of AI with web3, the potential of
Ripple boss Brad Garlinghouse disagrees with the establishment of the US digital asset reserve with just Bitcoin; he claims this should be a representation of the industry. However, Garlinghouse’s remark has received massive criticism from some industry key players, including Pierre Rochard and Michael Goldstein. In a previous article, we discussed the possible establishment of