• Gains Network, a decentralized exchange (DEX), has hit $1.5 billion turnover in one month after its launch. • The exchange allows trading financial derivatives of different assets, including tokens, U.S. stocks, and indexes. • Global traders may be able to trade U.S.-listed commodities without being dependent on banks and meeting onerous Know Your Customer […]
Monthly Archives: January 2023
Unlock the Cannabis Market: BudBlockz Revolutionizes Global Access
• BudBlockz is a crypto project running on the Ethereum blockchain that seeks to enhance operations in the cannabis markets. • Its primary goal is to enable easy, global access to the cannabis market in a secure and decentralized way. • BudBlockz is looking to onboard over one billion users to web3 by 2025. BudBlockz […]
DCG Explores Asset Sale to Pay Off $3B Debt of Genesis
• Digital Currency Group (DCG), the parent company of crypto broker Genesis, is considering selling assets from its portfolio to pay off the $3 billion debt of Genesis. • DCG is exploring options such as selling a portion of its venture capital portfolio, estimated to be worth around $500 million. • The collapse of FTX […]
Bill Gates Dismisses the Potential of Web3, Favors AI Revolution
• Bill Gates recently dismissed the importance of web3 and the metaverse in a Reddit AMA thread. • Gates praised the revolution of artificial intelligence (AI) instead. • He believes that web3 and the metaverse are not “that big or that revolutionary” compared to AI. In a recent Reddit AMA thread, tech billionaire Bill Gates […]