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Crypto Biz: SushiSwap bets on new roadmap against DEX competition
25.10.2024
This week’s Crypto Biz also explores Tesla’s Bitcoin holds, Avalanche’s Visa card, Core Scientific’s billionaire deal with CoreWeave and Chainlink’s pilot for corporate databases
Russia Pushes for New Precious Metals Platform to Reshape BRICS Trade
24.10.2024
Russia pushed for the creation of a BRICS platform to trade precious metals and diamonds at the BRICS Summit, criticizing excessive global trade regulations. President Vladimir Putin emphasized the need to bypass barriers that stifle the market. The summit also backed a BRICS Grain Exchange...
DOJ pushes to break up Google’s search monopoly in antitrust case
11.10.2024
The US Department of Justice aims to dismantle Google’s dominance in online searches, raising questions about the future of Big Tech and its influence
G7 antitrust watchdogs signal possible action on AI sector competition
7.10.2024
The G7 nations want to ensure AI isn’t used to facilitate "collusion” between AI firms that could lead to the sharing of sensitive information or forming a monopoly
Ethereum Faces Competition: Investors Turn to Bitgert
5.10.2024
Ethereum is one of the most essential components of the crypto market. Being the second largest crypto market…
Tether is ‘best friend’ of US, says CEO Paolo Ardoino
4.10.2024
While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph
Apple, Google to use AI to maintain dominance — Cathie Wood’s ARK Invest
2.10.2024
ARK Invest’s chief futurist has questioned whether Apple and Google would manage to introduce performant AI features with their current AI strategies
OpenAI’s move to for-profit: Is it indeed ‘illegal’?
27.9.2024
OpenAI’s potential transformation into a for-profit corporation is not impossible, but it will likely not be an easy process
Watchdog: Visa–Mastercard ‘duopoly’ spends millions blocking competition
26.9.2024
According to a report, the two companies spent a combined $80 million lobbying against credit card competition acts.
Tether-Issued Stablecoin USDT's Market Share Grows to 75% as Market Cap Tops $118B
17.9.2024
The largest stablecoin's market cap has almost doubled, while key rivals declined and new entrants have yet to challenge its position
Round 2: Floki Trading Bot x Simon’s Cat Trading Competition
16.9.2024
The Round 2 of the Floki Trading Bot x Simon’s Cat ($CAT) Trading Competition will commence in four…
Rives Launches Doom Olympics: A Competitive Onchain Gaming Event
14.9.2024
Rives, a blockchain gaming project, has announced the launch of its Doom Olympics, a unique competition built on the Cartesi platform. The tournament will feature seven distinct challenges inspired by the classic video game Doom, rewarding top players with over $15,000 in prizes. Rives Combines...
Chainlink dominance challenged by Pyth’s 46X growth in 2024
11.9.2024
While Chainlink retains a strong lead, Pyth’s rapid rise in Total Value Secured hints at shifting dynamics in the Oracle market
Tether invests $100M in agriculture firm as stablecoin competition grows
8.9.2024
This is Tether’s first investment in the agriculture and food sector, after investments in artificial intelligence, Bitcoin mining operations, and digital education initiatives
Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low
1.9.2024
Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low not seen since last year, with a $4.14 million drop compared to July. August Bitcoin Mining Revenue Drops...
Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months
30.8.2024
Based on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic contraction in supply since July 4, 2024. Over the span of less than two months, its market capitalization has decreased by $770 million. Ethena’s USDE Supply Plummets as Competition Heats Up From Aug....
DeFi market stages a comeback as derivatives surge
16.8.2024
Onchain derivatives fuel DeFi’s resurgence, with daily volumes reaching $5 billion amid rising competition
Meta denies claim more than half of Facebook crypto ads are scams
16.8.2024
Australia’s competition watchdog has claimed 58% of crypto ads on Facebook are scams; Meta says the data is old and unreliable
Australian regulator claims 58% of crypto ads on Facebook are scams
15.8.2024
Australia’s competition watchdog cited preliminary research that found more than half of the crypto ads on the platform breach Meta’s policies or involve scams
Microsoft declares OpenAI both ‘strategic partner’ and ‘competition’ in SEC filing
3.8.2024
The two companies face antitrust probes in the US and EU over their partnership