CRYPTOCURRENCY
Microsoft's 2.5 billion GBP Investment in UK AI: Catalyst for Innovation and Growth
Microsoft's significant investment in the UK's AI infrastructure is expected to significantly enhance the country's technology sector and its global AI standing.
Decentralized Exchange dYdX Proposes $20M Incentive Program for v4 Launch
Chaos Labs proposes a $20M, 6-month Launch Incentives Program for the transition to dYdX v4. The initiative aims to facilitate user and volume migration to the new dYdX Chain, with a robust pre-launch and post-launch strategy. Governance proposals will guide the distribution of DYDX rewards, maintaining transparency and community oversight throughout the program.
Algorand Initiates Voting for Expanded Governance and NFT Rewards Programs
The Algorand Foundation is voting on governance measures, including auto-renewal mechanisms and increased NFT rewards, amid a plummeting native token, $ALGO.
INX to renew Share and Token Repurchase Programs
INX announced the renewal of its normal course issuer bid (NCIB) to repurchase common shares and INX Limited's token repurchase program.
JP Morgan Executive Warns of Banking Collapse
Bob Michele, CIO of JP Morgan Asset Management, expresses concern over how US regional banks will operate post-emergency lending programs, warning of potential collapse after First Republic Bank's liquidity issues.
Commissioner Hester Peirce Agrees with Telegram CEO Pavel Durov’s Criticism of SEC
Commissioner Hester Peirce, affectionately knowns as ‘CryptoMom’, believes the SEC’s court victory over Telegram was inappropriately reached and has further stifled innovation for the United States.