Despite growing revenues, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep. Source: https://cointelegraph.com/news/openai-losses-profit-projections-2029?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
P2P Exchange El Dorado Debuts Gasless Tron-Based USDT Transactions in Latin America
El Dorado, a Latam-focused peer-to-peer (P2P) exchange, has partnered with Tron DAO to offer gasless TRC20-USDT transactions for its customers. Until October 30, each user will be able to perform a limited number of withdrawals with no costs associated. This aims to promote the adoption of the Tron blockchain in the region while enjoying the […] Source: https://news.bitcoin.com/p2p-exchange-el-dorado-debuts-gasless-tron-based-usdt-transactions-in-latam/
Exploring the power of Web3 for better lifestyles: Insights from VeChain and Puffpaw
On the latest episode of the Hashing It Out podcast, VeChain and Puffpaw execs discuss how blockchain can incentivize positive behavior changes. Source: https://cointelegraph.com/news/exploring-the-power-of-web3-for-better-lifestyles?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Why Your Kids Need Crypto More Than College
A college degree has long been seen as the key to a stable career. But the landscape is changing fast, driven by ed-tech, AI, and a rapidly evolving workplace. Many previously unheard of career paths will be available to your children. Just like early adopters of the internet founded and built web2 giants like Google, […] Source: https://news.bitcoin.com/why-your-kids-need-crypto-more-than-college/
Ripple launches digital asset custody services for banks and fintech
Ripple’s move into crypto custody allows the company to diversify beyond its payment settlement business. Source: https://cointelegraph.com/news/ripple-launches-digital-asset-custody-services?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitget tightens token listing standards amid scam concerns
The new token listing requirements include reviewing lock-up periods, business plans, token distributions, and team background checks. Source: https://cointelegraph.com/news/bitget-tightens-token-listing-standards-amid-scam-concerns?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Argentina overtakes Brazil in crypto inflows — Chainalysis
Argentina’s stablecoin market is one of the largest in the world in terms of share of stablecoin transactions, beating the global average by 17%. Source: https://cointelegraph.com/news/argentina-leads-latin-america-crypto-inflows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korean Lawmakers Call for Full Investigation Into KOK Token Crash
Two South Korean lawmakers have called for a full investigation into the KOK token after its value collapsed to almost zero. Victims have accused Korea’s largest newspaper of promoting the scam, sparking concerns about its role. The alleged cryptocurrency fraud has caused an estimated $3 billion in losses, affecting about 1.86 million investors worldwide. Korean […] Source: https://news.bitcoin.com/south-korean-lawmakers-call-for-full-investigation-into-kok-token-crash/
FTX investors end lawsuit targeting Sullivan & Cromwell
The Moskowitz Law Firm, the lead plaintiffs’ counsel, said that it had dismissed Sullivan & Cromwell voluntarily and that no settlement was associated with the dismissal. Source: https://cointelegraph.com/news/ftx-investors-drop-lawsuit-against-sullivan-and-cromwell?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea allows division of crypto in divorce settlements
South Korean law now allows spouses to claim cryptocurrency and Bitcoin holdings during divorce proceedings, recognizing them as marital assets. Source: https://cointelegraph.com/news/south-korean-courts-crypto-assets-divorce-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound