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Tether’s artificial intelligence (AI) research arm has unveiled QVAC Genesis I, the largest synthetic dataset ever created for AI training, comprising 41 billion text tokens. The dataset is designed to improve reasoning and precision in science and engineering-focused language models, with benchmarks showing strong performance across mathematics, physics, biology, and medicine, according to an emailed announcement on Friday.Alongside Genesis I, Tether unveiled QVAC Workbench, a local AI app enabling users to run, train, and interact with models directly on their own devices. The app supports leading open models, including Llama, Medgemma, Qwen, and Whisper, while keeping all data private and…
As part of the deal, Hidden Road is now rebranded as Ripple Prime.XRP, the native token of Ripple’s payment network, jumped on Friday after Ripple said it had completed its acquisition of global prime broker Hidden Road, now rebranded as Ripple Prime.XRP is trading around $2.50, up about 5% on the day and 8% over the past seven days, after suffering losses most of last week amid a broader market downturn, according to The Defiant’s price page. It is currently the fifth-largest digital asset with a market capitalization of over $148 billion. XRP ChartRipple said Ripple Prime’s business has already…
Crypto.com is the latest crypto company to apply for a US National Trust Bank Charter, seeking federal approval to expand its custody and staking services nationwide.In a Friday announcement, the Singapore-based crypto exchange said it plans to provide federally regulated custody services for digital asset treasuries, exchange-traded funds (ETFs), and other institutional and corporate clients under the US banking framework overseen by the Office of the Comptroller of the Currency (OCC).A National Trust Bank Charter is a federal license from the OCC that lets a company operate as a limited-purpose trust bank. Instead of taking deposits or making loans, a…
Join Our Telegram channel to stay up to date on breaking news coverage The Sui price edged down a fraction of a percentage over the last 24 hours to trade at $2.46 as of 4:00 a.m. EST on trading volume that plunged 21% to $843 million. That’s even as 21Shares updated its Sui exchange-traded fund (ETF) application with the US Securities and Exchange Commission (SEC). The firm filed a second amended S-1 for its spot Sui ETF application after the market close on Oct. 23. The issuer updated its Sui ETF with crucial information, but there is no mention of…
In brief DraftKings acquired prediction market platform Railbird but will focus on states without legal sports betting to avoid jeopardizing its existing gambling licenses. Bitcoin mining rig maker Canaan received a $4 price target from Benchmark analysts after a dramatic turnaround from near-delisting at $1, with shares up 18% for the week. Payments processor Zelle will begin using stablecoins for cross-border transactions, marking a significant adoption move by a platform owned by seven major U.S. banks. Public keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: DraftKings officially enters the prediction market…
Bitcoin Reclaims $110K Ahead of FOMC Meeting After Bullish CPI Data: Your Weekly Crypto Recap
The highly anticipated and delayed US CPI numbers came out but the US government’s shutdown continues. The events that took place last Friday were quite painful as bitcoin’s price tumbled from over $110,000 to under $104,500 in the span of just a day or so. However, the asset finally found a solid floor at that point and started to recover in the following days. At first, it returned to $107,000, where it spent most of the weekend trading sideways. The bulls began a more impressive leg up that drove the asset to just over $111,000. It retraced sharply on…
Bitcoin Magazine JPMorgan to Accept Bitcoin as Loan Collateral by Year-End JPMorgan Chase plans to let institutional clients use Bitcoin (BTC) and Ethereum (ETH) as collateral for loans by the end of 2025, according to a Bloomberg report. The new program, expected to roll out globally, will rely on a third-party custodian to safeguard pledged assets. The bank already allows crypto-linked exchange-traded funds (ETFs) as collateral, but this expansion would enable clients to borrow against their direct crypto holdings. The shift could make it easier for institutions to access liquidity without selling long-term digital asset positions — a use case…
Ethereum Exchange Withdrawal Activity Surges As Balances Drop To New Lows, ETH’s Rally At Hand?
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure While the price of Ethereum is holding above $3,800 and is experiencing a renewed bullish action, there is also a noticeable newfound optimism among investors and traders. With ETH gradually regaining upside traction, a significant portion of ETH has been leaving crypto exchanges at a rapid rate. Investors Are Pulling Ethereum In Droves Ethereum’s recent price performance is witnessing a notable reaction from both investors and traders alike. An optimistic trend is currently being observed among these investors, showcasing renewed confidence in ETH’s price trajectory. From the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Dogecoin treasury company Bit Origin has highlighted how Michael Saylor’s Strategy has set the tone for their plans to accumulate DOGE. This came as the company is the first DOGE treasury company to be listed on the Nasdaq. Dogecoin Treasury Looks To Replicate Strategy’s Playbook In an X post, the Dogecoin treasury company revealed its plans to replicate Strategy’s playbook for its DOGE accumulation. Bit Origin stated that it will conduct a DOGE-denominated private placement, enabling it to accumulate more DOGE and achieve a higher DOGE per…
In the latest validation of prediction markets, the NHL announced Tuesday that it has struck licensing agreements with both Kalshi and Polymarket.The NHL becomes the first major US sports league to ink an official partnership in the prediction market space.The deal gives Kalshi and Polymarket access to NHL data, rights to the league’s logos, and official partnership designation.Kalshi is already leveraging the relationship, displaying the NHL logo on its app. Without the proper licensing agreements, the company has resisted using official marks of any league; Polymarket stopped using NFL logos on its platform after feeling blowback for displaying them without…
