TON Network TVL Passes $760M — Bullish Time for TON price?
Investors’ excitement over airdrops and other incentives fueled by the rise in TON Network TVL, is this a bullish sentiment for the TON price rally? Toncoin (TON) is the native coin of The Open Network, a layer-1 blockchain initially developed by the Telegram messaging software. Telegram’s 900 million active users are the primary factor driving […]
Terra Classic Refuses Major Proposal: TFL To Boost LUNC Rally?
Although Terra Classic rejects the proposal for a community website, the price of LUNC has increased by 5% in response to positive developments in Terraform Labs’ bankruptcy proceedings. A proposition to establish an independent community website has been overwhelmingly rejected by the Terra Classic community, which has sparked market discussions. Nevertheless, Terra Classic’s LUNC token […]
Cboe Confims Spot Ethereum ETF New Listing Launch Date
The Cboe Exchange has issued a new filing that has confirmed the rising reports that spot Ethereum ETF products will start trading next week. Several analysts and market observers have expressed optimism regarding the United States Securities and Exchange Commission (SEC) granting its ultimate approval to spot Ethereum ETF trading by July 23. Nevertheless, the […]
OpenAI in Talks with Broadcom for AI Chips Development
OpenAI is reportedly in talks with Broadcom and other chip manufacturers for artificial intelligence (AI) Chips manufacturing. Massive clusters of graphical processing units (GPUs) or similar computer processors are typically employed to train AI models, including Meta’s Llama and OpenAI’s ChatGPT. Nvidia is the manufacturer of the H100, which is the most widely used hardware. […]
Terraform Labs Sets to Reopen Shuttle Bridge
A bankruptcy court order has granted Terraform Labs (TFL) authority to take critical actions, such as destroying many LUNA tokens and reopening the Shuttle Bridge. In a post, the blockchain platform announced that TFL will reopen the Shuttle Bridge following the court’s directives, enabling users to redeem sealed assets on Terra Classic. Reopening of the […]