This past week, the U.S. Securities and Exchange Commission (SEC) delayed seven spot bitcoin exchange-traded funds (ETFs), including Blackrock’s proposed Ishares Bitcoin Trust. Alongside this news, Into The Block metrics indicate that from August 13 to the 31st, large BTC holders dubbed ‘whales’ increased their caches by $ 1.5 billion. Amidst the price consolidation …
A Comprehensive Look at the New Paypal Stablecoin, Its Control Dynamics, and ‘Freeze’ Option Trending on Social Media
At the time of writing, the official Paypal stablecoin PYUSD smart contract has been unveiled, and as it stands, the maximum aggregate supply amounts to 26,905,005.66 PYUSD. In spite of the existence of more than 26 million Paypal stablecoins, the contract continues to retain a substantial 92.91% of this supply. Concurrently, the Paxos Treasury wields […]
Social Media Bots Played Crucial Role in Inflating Value of FTX-Listed Crypto Assets, Report Finds
New analysis from the Network Contagion Research Institute (NCRI) reveals that bots on the social media platform X (formerly Twitter) likely played a major role in amplifying the value of cryptocurrencies tied to the now-defunct FTX exchange and its sister firm Alameda Research. Social Media Bots Boosted FTX-Listed Coins, Says Report Analyzing over three million […]
WordPress Unveils Plans for Real-Time Collaboration with Major Improvements to Revisions and the Media Library
In a series of four posts, Gutenberg lead architect Matías Ventura has outlined the project’s phase 3 plans for Real-Time Collaboration, Workflows, Revisions, and the Media Library. WordPress 6.3 is set to be the final major release of Phase 2, which focused on Customization. Phase 3 will shift focus …
Incredible Benefits of Buying Social Media Likes
Nowadays, everyone builds or creates a business online, utilizing various social media channels for promotion. This results from the current internet awareness trend, which virtually everyone uses. Several significant social media platforms are available that may be used for exposure by any individual or company. Many people use …