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Trump-Backed USD1 Stablecoin Chosen to Back MGX’s $2 Billion Binance Stake Deal: Report
Eric Trump has reportedly announced that the USD1 stablecoin has been picked as the mode of payment for MGX’s purchase of a minority stake in Binance. The announcement was made at the ongoing Token2049 event in Dubai on Thursday, May 1.
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Abu Dhabi’s ADQ, FAB and IHC Announce Plans for Dirham-Backed Stablecoin
Abu Dhabi’s ADQ sovereign wealth fund, the First Abu Dhabi Bank (FAB), and investment firm IHC have planned to launch a Dirham-backed stablecoin. The token will be supported on the ADI blockchain, developed by an Abu Dhabi-based non-profit firm called the ADI Foundation.
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Crypto Advocate Paul Atkins Sworn in 34th US SEC Chair
Paul Atkins has been sworn in as the 34th chairperson of the US Securities and Exchange Commission (SEC). Atkins’ appointment as the SEC chair aligns with President Trump’s vision of transforming the US into the crypto capital of the planet.
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Cohere Introduces Embed 4, an AI-Powered Multimodal Search Engine for Enterprise Data Retrieval
Cohere released Embed 4, an artificial intelligence (AI) embedding tool, last week. The Toronto-based AI firm pitched the new search and retrieval tool to businesses building and deploying AI applications and agents. The company, which builds enterprise-focused AI models and tools, claims that Embed 4 can understand complex, multimodal documents an...
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21 Acres For 99 Paise: Andhra Pradesh Allocates Land To TCS In Visakhapatnam
The Andhra Pradesh Cabinet on Tuesday approved the allocation of 21.16 acres to TCS in Visakhapatnam at a token lease price of 99 paise.
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OpenAI Releases GPT-4.1 Family of AI Models in API, Said to Outperform GPT-4o
OpenAI released three new artificial intelligence (AI) models on Monday. Staying true to its unusual naming convention, the company called this the GPT-4.1 family of AI models. There are three variants — GPT-4.1, GPT-4.1 mini, and GPT-4.1 nano. The San Francisco-based AI firm said that these models outperform the GPT-4o and GPT-4o mini across sev...
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Apple Takes Top Spot for First-Quarter Smartphone Sales, Data Shows
Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e's launch. The International Data Corporation, which tracks mobile phone shipments, said global shipments rose 1.5 percent in the first quarter, with Apple rushing to stockpile units to avoid tariffs imposed by US president Donald Trump.
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OM Token’s Sudden Plummet Stirs Rug Pull Fears, Mantra Blames ‘Sudden Liquidation’
Mantra Blockchain’s OM token suffered a sharp price drop over the weekend, which the team attributed to reckless liquidations, dismissing speculation of a hack or rug pull. The token fell by 90 percent in value from $6 (roughly Rs. 515) to $0.70 (roughly Rs. 60.5), raising alarms across the crypto community.
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Elon Musk’s xAI Releases Grok 3 in API for Developers, Introduces a ‘Fast’ Model
Elon Musk’s xAI, the artificial intelligence (AI) firm behind the Grok chatbot, released a new application programming interface (API) on Thursday. The new API is for the Grok 3 AI model, which the company introduced in February. So far, the AI model has been available to the end consumer via the X (formerly known as Twitter) platform, the dedica...
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PayPal, Venmo Expand Crypto Offering with LINK, SOL Tokens Owing to User Feedback
PayPal and Venmo have expanded their crypto offering with two new tokens -- Chainlink (LINK) and Solana (SOL). On CoinMarketCap, Chainlink is the 13th largest crypto by market cap whereas Solana holds the 7th position.
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Google Moves Gemini 2.5 Pro to Public Preview, Offers Higher Rate Limits in AI Studio
Google moved the Gemini 2.5 Pro artificial intelligence (AI) model to public preview last week. The Mountain View-based tech giant released its latest flagship tier AI model last week as an experimental preview with limited rate limits. But now, those using the Gemini application programming interface (API) or accessing the model via the Google AI ...
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Sony Online Store Begins Accepting USDC via Crypto.com Pay in Singapore
Sony Electronics has teamed up with Crypto.com to accept USDC payments in Singapore. The development aligns with the tech giant’s efforts to keep up with Web3-focussed fintech advancements, its announcement said.
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Ghibli-Themed Tokens Spark Memecoin Frenzy Amid Surge in Anime AI Art Trend on Social Media
Since OpenAI’s Sam Altman unveiled an AI image feature for ChatGPT-4o, memecoins inspired by the Studio Ghibli anime AI art trend have swarmed the crypto market. Leading the charge is Ghiblification (GHIBLI), a Solana-based token that soared to prominence with a market valuation of $31.24 million (roughly Rs. 266 crore) as of Friday, March 28, ac...
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Understanding Crypto Airdrops: The Process, Pros and Problems
Developers often announce free airdrops of their native tokens through social media to advertise their upcoming projects among investors. While the tactic does have a community-building aspect to it, crypto airdrop has also emerged as a repeated technique used by scammers to steal from unsuspecting individuals.
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Binance’s ‘Vote to List’ Feature for Community Polling on Token Listing Goes Live
Binance users can now participate in selecting which new tokens should be listed for trading on the platform. The exchange, through this feature, expects to address the challenge of identifying legitimate crypto tokens from the flood of altcoins in the market, through community efforts.
-
Trump-Backed USD1 Stablecoin Chosen to Back MGX’s $2 Billion Binance Stake Deal: Report
Eric Trump has reportedly announced that the USD1 stablecoin has been picked as the mode of payment for MGX’s purchase of a minority stake in Binance. The announcement was made at the ongoing Token2049 event in Dubai on Thursday, May 1.
-
Abu Dhabi’s ADQ, FAB and IHC Announce Plans for Dirham-Backed Stablecoin
Abu Dhabi’s ADQ sovereign wealth fund, the First Abu Dhabi Bank (FAB), and investment firm IHC have planned to launch a Dirham-backed stablecoin. The token will be supported on the ADI blockchain, developed by an Abu Dhabi-based non-profit firm called the ADI Foundation.
-
Crypto Advocate Paul Atkins Sworn in 34th US SEC Chair
Paul Atkins has been sworn in as the 34th chairperson of the US Securities and Exchange Commission (SEC). Atkins’ appointment as the SEC chair aligns with President Trump’s vision of transforming the US into the crypto capital of the planet.
-
Cohere Introduces Embed 4, an AI-Powered Multimodal Search Engine for Enterprise Data Retrieval
Cohere released Embed 4, an artificial intelligence (AI) embedding tool, last week. The Toronto-based AI firm pitched the new search and retrieval tool to businesses building and deploying AI applications and agents. The company, which builds enterprise-focused AI models and tools, claims that Embed 4 can understand complex, multimodal documents an...
-
21 Acres For 99 Paise: Andhra Pradesh Allocates Land To TCS In Visakhapatnam
The Andhra Pradesh Cabinet on Tuesday approved the allocation of 21.16 acres to TCS in Visakhapatnam at a token lease price of 99 paise.
-
OpenAI Releases GPT-4.1 Family of AI Models in API, Said to Outperform GPT-4o
OpenAI released three new artificial intelligence (AI) models on Monday. Staying true to its unusual naming convention, the company called this the GPT-4.1 family of AI models. There are three variants — GPT-4.1, GPT-4.1 mini, and GPT-4.1 nano. The San Francisco-based AI firm said that these models outperform the GPT-4o and GPT-4o mini across sev...
-
Apple Takes Top Spot for First-Quarter Smartphone Sales, Data Shows
Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e's launch. The International Data Corporation, which tracks mobile phone shipments, said global shipments rose 1.5 percent in the first quarter, with Apple rushing to stockpile units to avoid tariffs imposed by US president Donald Trump.
-
OM Token’s Sudden Plummet Stirs Rug Pull Fears, Mantra Blames ‘Sudden Liquidation’
Mantra Blockchain’s OM token suffered a sharp price drop over the weekend, which the team attributed to reckless liquidations, dismissing speculation of a hack or rug pull. The token fell by 90 percent in value from $6 (roughly Rs. 515) to $0.70 (roughly Rs. 60.5), raising alarms across the crypto community.
-
Elon Musk’s xAI Releases Grok 3 in API for Developers, Introduces a ‘Fast’ Model
Elon Musk’s xAI, the artificial intelligence (AI) firm behind the Grok chatbot, released a new application programming interface (API) on Thursday. The new API is for the Grok 3 AI model, which the company introduced in February. So far, the AI model has been available to the end consumer via the X (formerly known as Twitter) platform, the dedica...
-
PayPal, Venmo Expand Crypto Offering with LINK, SOL Tokens Owing to User Feedback
PayPal and Venmo have expanded their crypto offering with two new tokens -- Chainlink (LINK) and Solana (SOL). On CoinMarketCap, Chainlink is the 13th largest crypto by market cap whereas Solana holds the 7th position.
-
Google Moves Gemini 2.5 Pro to Public Preview, Offers Higher Rate Limits in AI Studio
Google moved the Gemini 2.5 Pro artificial intelligence (AI) model to public preview last week. The Mountain View-based tech giant released its latest flagship tier AI model last week as an experimental preview with limited rate limits. But now, those using the Gemini application programming interface (API) or accessing the model via the Google AI ...
-
Sony Online Store Begins Accepting USDC via Crypto.com Pay in Singapore
Sony Electronics has teamed up with Crypto.com to accept USDC payments in Singapore. The development aligns with the tech giant’s efforts to keep up with Web3-focussed fintech advancements, its announcement said.
-
Ghibli-Themed Tokens Spark Memecoin Frenzy Amid Surge in Anime AI Art Trend on Social Media
Since OpenAI’s Sam Altman unveiled an AI image feature for ChatGPT-4o, memecoins inspired by the Studio Ghibli anime AI art trend have swarmed the crypto market. Leading the charge is Ghiblification (GHIBLI), a Solana-based token that soared to prominence with a market valuation of $31.24 million (roughly Rs. 266 crore) as of Friday, March 28, ac...
-
Understanding Crypto Airdrops: The Process, Pros and Problems
Developers often announce free airdrops of their native tokens through social media to advertise their upcoming projects among investors. While the tactic does have a community-building aspect to it, crypto airdrop has also emerged as a repeated technique used by scammers to steal from unsuspecting individuals.
-
Binance’s ‘Vote to List’ Feature for Community Polling on Token Listing Goes Live
Binance users can now participate in selecting which new tokens should be listed for trading on the platform. The exchange, through this feature, expects to address the challenge of identifying legitimate crypto tokens from the flood of altcoins in the market, through community efforts.
