The bill received strong support in the General Assembly. Now the state Senate will consider overturning the veto. Source: https://cointelegraph.com/news/north-carolina-bill-banning-us-cbdc-testing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
Google’s new Gemini AI model dominates benchmarks, beats GPT-4o and Claude-3
This is the first time Google’s taken the top slot on the Chatbot Arena leaderboard. Source: https://cointelegraph.com/news/google-gemini-ai-model-dominates-benchmarks-beats-gpt-4o-claude-3?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BlackRock’s Tokenized Fund on Ethereum Pays Out $2.1 Million
The BlackRock USD Institutional Digital Liquidity (BUIDL) fund distributed more than $2 million in dividends in July, an all-time high for its monthly payouts. The tokenized fund distributed $2.12 million to investors in July, up roughly 16% from the prior month, Etherscan data shows. To date, BlackRock’s fund has paid out more than $7 million in dividends, with dividend yields…
US Senator Officially Introduces BITCOIN Act to Establish Strategic BTC Reserve
U.S. Senator Cynthia Lummis has officially introduced the BITCOIN Act in the Senate, aiming to establish a strategic bitcoin reserve as an additional store of value to strengthen America’s balance sheet. The initiative seeks to position the U.S. as a leader in financial innovation by proposing the purchase of 1 million bitcoins and ensuring robust […] Source: https://news.bitcoin.com/us-senator-officially-introduces-bitcoin-act-to-establish-strategic-btc-reserve/
Bitcoin price crumbles to $62K support, but derivatives metrics show bullish signs
Bitcoin’s price continues to correct, but BTC options markets reflect traders’ interest in the $62,000 level. Source: https://cointelegraph.com/news/bitcoin-price-crumbles-to-62k-support-but-derivatives-metrics-show-bullish-signs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BlackRock's tokenized BUIDL fund has paid $7M in dividends since March
According to researcher Tom Wan, tokenized United States Treasury funds could see $3 billion in capital investment by the end of 2024. Source: https://cointelegraph.com/news/blackrock-tokenized-buidl-fund-paid-7-million-dividends-since-march?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Celestia on pace to surpass Ethereum in data storage — Research
Celestia has been steadily winning market share in data storage from Ethereum since May. Source: https://cointelegraph.com/news/celestia-surpass-ethereum-data-storage-research?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
VC Roundup: Investments in Web3 startups top $1B in July
This edition of Cointelegraph’s VC Roundup features Pichi Finance, Sybill, Hyperbolic, Raad Labs, and zkLink. Source: https://cointelegraph.com/news/vc-roundup-investments-web3-startups-1b-july?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hamster Kombat Releases Whitepaper, Allocates 60% of Upcoming Airdrop to Community Distribution
Hamster Kombat, the popular tap-to-earn game built on the TON network, has announced the release of its whitepaper and an updated development roadmap. Through social media, the project revealed that, due to players’ contributions to its success, it has allocated 60% of its upcoming airdrop for community distribution. Hamster Kombat Updates Roadmap, Discloses Community Distribution […] Source: https://news.bitcoin.com/hamster-kombat-releases-whitepaper-allocates-60-of-upcoming-airdrop-to-community-distribution/
$95K or $120K? Bitcoin traders diverge on the next BTC price top
Bitcoin could reach a macro price top of above $100,000, but can BTC stage a weekly close above $71,500 to confirm a breakout? Source: https://cointelegraph.com/news/btc-95k-120k-traders-diverge-next-bitcoin-price-top?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound