Binance Founder Changpeng Zhao Apologizes in Letter to Judge

In a letter penned down on Tuesday, Changpeng Zhao, the founder and ex-CEO of Binance, expressed regret for past mistakes and assumed complete accountability for his actions, apologizing for any “suboptimal choices” he may have made. After reaching a deal with the U.S. Department of Justice (DOJ) in November 2023 over alleged charges, Zhao and … Read more

BitMEX Former CEO Arthur Hayes Forecasts Bitcoin’s Path to $1 Million

Arthur Hayes, the ex-CEO of BitMEX, has recently expressed thoughts implying a possible increase in Bitcoin‘s value due to ongoing global monetary policies. In his latest blog entry named “Left Curve,” Hayes explores how fiscal approaches may impact cryptocurrencies, with a focus on Bitcoin. Economic Dynamics and Bitcoin’s Position Based on Hayes’ perspective, the continual … Read more

NVIDIA Acquires Run:ai for AI Workload Management

NVIDIA recently completed the deal to buy Run:ai, a company known for providing workload management and orchestration solutions based on Kubernetes. This acquisition aims to help our clients maximize the utility of their AI computing resources more efficiently. We have reached an agreement to buy Run:ai, a company that specializes in managing and orchestrating workloads … Read more

TON to significantly reduce commissions on transactions

Developers of the TON blockchain made an announcement about decreasing transaction fees inside the network by 100%. (This means that the current fee for each transaction is now half of what it used to be, resulting in a total reduction of 50% per transaction and 100% overall.) Based on the project team’s information, the cost … Read more

Renzo’s ezETH Depegging Event Triggers Market Turbulence

Today, the price of Renzo Protocol’s ezETH, an alternative form of staked Ether, saw a significant shift on Uniswap decentralized exchange, dropping to $688 – a noticeable deviation from the typical price alignment with Ethereum, which remained unchanged. After a brief disconnection from Ether’s value, this occurrence – also known as “depegging” – quickly corrected … Read more