This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) VECHAIN Announces Tokenized Gloves In Collaboration With UFC
The gloves used by UFC fighters will be tokenized on the VeChainThor network, according to an announcement made by VeChain. The site said in its Medium release that users would be able to trace the players’ identities on the network thanks to the tokenized gloves. Gloves equipped with near-field communication (NFC) chips will allow the network to monitor combat data, according to the article…[continue reading]
2) Elon Musk’s AI Startup XAI Wants To Raise Up To $4 Billion And Be Valued At $18 Billion
In order to reach his goal of a post-deal value of $18 billion for the firm, Musk is hoping to raise $3 billion to $4 billion. The new artificial intelligence (AI) business xAI, founded by tech mogul Elon Musk, is responsible for creating the Grok chatbot. Musk is now attempting to raise up to $4 billion for the company…[continue reading]
3) Coinbase Challenges SEC’s Categorization Of Digital Asset Investment Contracts
A decision on whether or not purchases of digital assets constitute “investment contracts” under SEC regulations is at the heart of Coinbase’s motion, which may have far-reaching consequences for the whole digital asset market. The company wants a higher court to rule definitively so that everyone knows what to do…[continue reading]
4) Telegram Denies Vulnerability, But Experts Say Desktop Users Are At Risk
The blockchain security company CertiK brought to light a major security concern for Telegram users on April 9. They revealed a vulnerability that might allow malicious attacks to occur via the desktop version of the messaging service…[continue reading]
5) ADA Members Are Very Excited About The Arrival Of Huawei’s Cloud Infrastructure On Cardano
There has been a lot of excitement in the crypto world around this revelation. Everyone is really optimistic, and they expect Cardano’s acceptance and usefulness to continue to rise. One X account that focuses on Cardano, Cardano Whale, is excited about a new relationship…[continue reading]
5) Circle Introduces A New Trading Mechanism For Tokenized BlackRock Fund Shares Using USDC
The first tokenized fund from BlackRock is currently available for holders to transfer for USDC. Circle, the issuer of stablecoins, said on Wednesday that the new smart contract capability would make secondary market transfers feasible. The people selling the shares will be able to keep their digital currency this way…[continue reading]
Wallets