Author: Sahil Thakur
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SK Telecom partners with Aptos to integrate USDT in their product
Aptos Foundation has teamed up with South Korea’s telecom leader, SK Telecom. Together, they aim to bring Tether’s USDT stablecoin to “T wallet.” This collaboration will make stablecoins more accessible through a widely trusted platform. The partnership aims to bridge traditional finance with blockchain. Oh Sehyeon, vice president of SK Telecom’s web3 division, noted this…
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Suilend Protocol launches sSUI to increase liquid staking on SUI
Suilend Protocol has unveiled sSUI, a liquid staking token (LST) built using the SpringSui Standard. According to the team, this launch aims to transform SUI staking with features like instant unstaking and increased liquidity. Currently, liquid-staked SUI makes up only 1.32% of staked assets on Sui, compared to higher percentages on Solana and Ethereum. Suilend…
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BlackRock IBIT sees largest single day inflow ever
BlackRock’s spot Bitcoin ETF achieved a record daily inflow on October 30, seeing $872 million in investments. This surge, which helped push U.S. spot Bitcoin ETF holdings over the 1 million BTC threshold, is a milestone for institutional Bitcoin investment. It also aligns with a broader six-day inflow streak across 12 U.S. Bitcoin ETFs, which…
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Morph L2 launches mainnet on Ethereum
Morph Labs has officially launched its mainnet, an event the team described as significant milestone aimed at making blockchain technology more accessible to the everyday user. This move brings Morph closer to its vision of a single, user-friendly hub where developers can create consumer applications that appeal to a broad audience. As the platform transitions…
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Bhutan transfers $66M in Bitcoin to Binance, 4th largest govt. holder of BTC
The Royal Government of Bhutan has surprised the crypto world by emerging as one of the largest government holders of Bitcoin. Recently, Bhutan transferred 929 BTC (worth approximately $66.1 million) to a Binance deposit address, raising questions about whether the country is taking profits or adjusting its position in the volatile crypto market. This transaction,…
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Arbius approves playground platform for customizable AI interactions
The Arbius team announced the launch and funding of Arbius Playground on October 29, 2024. This decision followed a DAO vote approving the Ecosystem Accelerator. Led by Weboasis, the platform provides users with a unified, customizable experience to interact with Arbius’s AI models. According to their blog, key features include real-time chat, image interfaces, model…
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FV Bank and Visa reveal new crypto-integrated cards
At the Money 20/20 event in Las Vegas, FV Bank and Visa revealed a new line of debit and corporate expense cards, blending fiat and digital asset capabilities for both individual and business clients. This partnership positions FV Bank as a leader in integrated crypto-banking solutions, allowing customers to manage and spend traditional and digital…
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Gelato raises $11 Million, brings total funding to $23M
Gelato, an Ethereum Rollup-as-a-Service (RaaS) platform, secured $11 million in its Series A+ funding round led by Hack VC. With this round, Gelato’s total funding reaches $23 million. This investment supports Gelato’s vision of scaling on-chain applications across interconnected chains. Key Highlights of Gelato’s Recent Funding: Gelato co-founder Hilmar Orth emphasized their goal to bring…
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Coinbase introduces tool to create AI agents in 3 minutes
Coinbase has unveiled a new AI tool, “Based Agent,” aimed at simplifying the creation of AI agents for developers in under three minutes. This development reflects the growing synergy between AI and blockchain technology, which Coinbase believes will reshape the digital economy. Key Features of Based Agent: Lincoln Murr Announced Based Agent The tool was…
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Ethervista launches Etherfun – pumpfun on Ethereum
Ethervista has officially announced the launch of Etherfun, a platform they have designed to revolutionize memecoin trading on Ethereum. Building on the foundation of Pump.fun, Etherfun integrates Ethervista’s innovations to create a seamless experience for both creators and traders, addressing Ethereum’s high gas costs. Key Highlights: According to their documentation: Etherfun is designed to eliminate…