The Blockchain Association and the Crypto Freedom Alliance of Texas have initiated a lawsuit against the U.S. Securities and Exchange Commission. Two opposing sides argue that a recent rule set by the SEC, effective from February, may harm the crypto sector. This new regulation applies federal securities legislation to market players with substantial functions in … Read more
Experienced users on Binance, the globally prominent crypto exchange with the highest trading volume, now have access to the long-awaited spot copy trading tool. Eligible traders, identified by significant portfolio sizes, can utilize this feature. A comprehensive launch for all users is projected for May 2024. Introducing a new addition to Binance’s collection of automated … Read more
Venezuela’s state-owned oil company, PDVSA, is using Tether as a way to bypass US sanctions and secure oil deals, drawing criticism and apprehension due to the potential risks associated with relying on intermediaries. Venezuela’s Response to Sanctions To bypass U.S. sanctions, Venezuela has chosen to use the cryptocurrency Tether (USDT) for its external business deals, … Read more
Nvidia, a global pioneer in semiconductor production, and the Vietnamese IT company have announced their collaboration. They plan to invest and build a $200 million AI facility in Vietnam together. On April 23rd, companies announced in a combined statement their objective of creating a centralized platform in Vietnam for cloud computing and artificial intelligence (AI) … Read more
The total value of locked funds in the EigenLayer restaking protocol exceeded $15.1 billion. Based on DefiLlama’s report, the team behind the project removed limitations on pool sizes. Consequently, this led to a substantial rise in the total value locked (TVL), which grew from $11 billion at the start of March to over $15 billion … Read more