Stablecoin issuer Tether minted $1 billion USDT tokens on the Ethereum blockchain, capitalizing on a market upswing driven by hopes that the US Securities and Exchange Commission (SEC) might approve a spot ETH ETF for trading this week. Whale Alert first reported the minting, which was later confirmed by Tether CEO Paolo Ardoino, who wrote:…
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Bitcoin derivatives data suggests room for additional price upside in the coming weeks as Ethereum ETF approval chances rise. Source link
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Quick Take Ethereum, the second-largest digital asset by market capitalization, witnessed a remarkable price surge on May 20, fueled by Bloomberg analysts’ revised odds of a potential Ethereum Exchange-Traded Fund (ETF) approval. The analysts now estimate a 75% chance of the ETF receiving the green light, driving Ethereum’s price up…
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Currently, betting markets indicate a 61% chance of U.S. spot Ether ETF approval, up from less than 11% just a few days ago. Source link
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GAM3S.GG, formerly Polkastarter Gaming, has unveiled it will launch a Web3 cloud gaming platform in partnership with Aethir amid an ambitious roadmap for 2024, emphasizing significant advancements in web3 gaming. The roadmap highlights several key initiatives to enhance user experience and drive the adoption of web3 gaming. In the second…
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Vitalik Buterin calls superintelligent AI “risky” amid leadership upheavals at OpenAI, stressing the need for caution and decentralization in AI development. Source link
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OP3N has announced the launch of the first-ever Web3 Content Creator House in Portugal in collaboration with Avalanche and AvaxDAO. The OP3N House Lisbon, powered by Avalanche, will operate from May 28 to June 2 during NFC Lisbon. This initiative marks a cultural milestone in Web3 content creation, aiming to…
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Does code as freedom of speech mean that developers aren’t responsible for how their creations are used? Source link
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Vitalik Buterin, co-founder of Ethereum, has voiced his concerns regarding the rapid development of superintelligent AI and the concentration of power within the AI industry. In a recent statement, Buterin emphasized the risks associated with superintelligent AI and cautioned against rushing into its development. He specifically opposed allocating $7 trillion…
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Many market analysts recently changed their stance after the SEC unexpectedly requested that aspiring Ether exchange-traded fund exchanges update their 19b-4 filings before a deadline this week. Source link