X Payments Wins Money Transmitter License In Washington DC
X, formerly known as Twitter, has obtained a money transmitter license in Washington DC, legally permitting it to operate as a payment service provider as it strives to become an “everything app.” This latest development increases the jurisdictions in which X is legally permitted to operate payment services to 31 states and the District of […]
T-Rex Launches Two Double-Leveraged Bitcoin ETF
T-REX offers investors leveraged exposure to Bitcoin’s performance with the new T-REX 2X Long Bitcoin Daily Target ETF (BTCL) and the T-REX 2X Inverse Bitcoin Daily Target ETF (BTCZ). Eric Balchunas, a senior Bloomberg ETF analyst, expressed his enthusiasm for the inauguration and foresaw that these new ETFs would challenge the dominance of ProShares and […]
Pudgy Penguins Partnership Enables Access to its Virtual World
Pudgy Penguins collaborated with Unstoppable Domains, a Web3 domain provider, to enable users to access Pudgy World using their .pudgy domain names. The two companies announced on July 10 that .pudgy domain holders can access the virtual world solely by using their domain names. The team thinks this enhances the Pudgy World Experience by introducing […]
Bitcoin Mining to Boost UK’s Electricity Demand
Bitcoin Policy UK advocates for a Bitcoin mining-based strategy to combat a growing problem of local electricity demand and generate renewable energy. The mining of Bitcoin has a wide range of potential applications, including utilizing GPUs to fuel machine learning and large gaming setups, in addition to maintaining network security and integrity. Bitcoin Policy UK, […]
SingularityNET Partners with Filecoin for AI, DePIN
The Filecoin Foundation and SingularityNET, an artificial intelligence platform developer, have announced a collaborative partnership to integrate decentralized AI and DePIN. The partnership aims to preserve decentralization, AI ethics, and data provenance while integrating the AI and decentralized physical infrastructure network (DePIN) industries. The partnership will also establish an AI ethics working group to ensure […]