Author: Admin-aX9d7
The CEO of Duolingo has said the company plans to adopt an “AI-first” approach to work.This means the language learning app is going to “gradually stop using contractors to do work that AI can handle,” according to CEO Luis von Ahn.The message went out in an email to all staff before being posted to the Duolingo LinkedIn account.Despite this bold claim, von Ahn was clear to say that, “Duolingo will remain a company that cares deeply about its employees” and that “this isn’t about replacing Duos with AI.”The focus is to remove what he calls bottlenecks in order to allow…
USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), the company announced on April 29.The approval moves Circle closer to obtaining a full Financial Services Permission (FSP) license, allowing it to operate as a regulated money services provider in the United Arab Emirates, the firm said in an official press release.Jeremy Allaire, Circle’s Co-Founder and CEO, said the approval “advances our strategy to establish deep roots in markets embracing the onchain economy.” He added:“It also underscores Circle’s enduring commitment to global stablecoin oversight—strengthening trust, compliance, and…
Bitcoin staking protocol Solv, which has over $2 billion worth of BTC locked on its platform, announced Tuesday the launch of a Shariah-compliant yield product called SolvBTC.core.The new offering, a liquid staking token for BTC, has been developed in collaboration with the Core ecosystem, which offers a range of DeFi applications, including lending, restaking, liquid staking and decentralized exchanges.Created with guidance from Nawa Finance and accredited by Amanie Advisors for Shariah compliance, SolvBTC.CORE generates yield by securing the Core blockchain network and engaging in on-chain DeFi activities while adhering to Islamic finance principles.Solv Protocol enables BTC holders to lend, stake, earn yields, and…
The founders of the crypto fintech firm Bankera used funds from the project’s 2018 initial coin offering to purchase luxury properties worldwide, according to a report by the Organized Crime and Corruption Reporting Project.The OCCRP reported on April 28, citing leaked company records and bank statements, that nearly half of the funds from Bankera’s 100 million euro ($114 million) ICO were transferred to a bank in the Pacific Island country of Vanuatu that was purchased by the project’s founders, Vytautas Karalevičius, Justas Dobiliauskas and Mantas Mockevičius.Soon after, the Vanuatu bank reportedly began issuing millions of euros in loans to companies…
SIGN, the token linked to its namesake’s multi-chain identity protocol, rose by 60% on Tuesday after being listed on Korean exchange Upbit.The listing follows the token’s release on Binance, where it became the first project to be selected by the Binance Alpha campaign.Trading was initially muted on Binance as it traded between $0.06 and $0.08. The Upbit listing boosted prices to $0.129 before receding to $0.11.Trading volume also increased from $402 million in the 24-hour period prior to Upbit’s listing announcement to $898 million, indicating notable interest among Korean traders.The move follows a wider trend related to Korean exchange listings,…
A new study finds that 42% of U.S. millennials have made purchases using cryptocurrency, with 8% using it whenever possible and 14% on occasion. 93% of Millennials Aware of Crypto With U.S. millennials increasingly aware of or owning cryptocurrencies, a new study found 42% have purchased “something” using crypto. In fact, the Millennial Shopping Habits: […]
Decentralized exchange (DEX) aggregator 1inch has launched on Solana, marking a significant step toward its vision of a “unified multichain” decentralized finance (DeFi) ecosystem.According to a press release shared with Cointelegraph, the integration enables users to trade over 1 million Solana-based tokens directly through the 1inch decentralized application (DApp), benefiting from maximal extractable value-protected swaps, optimized rates and open-source smart contract infrastructure.The move brings 1inch’s Fusion protocol to Solana for the first time. Fusion enables users to define their ideal swap parameters, which are then executed by competing professional market makers, or “resolvers,” using Dutch auction mechanics.Combined with Solana’s ultra-fast…
In brief The FTX Estate has sued token issuers NFT Stars and Delysium, alleging they failed to deliver tokens owed under investment agreements with Alameda Ventures. The lawsuits, filed in Delaware bankruptcy court, seek the return of over 83 million SIDUS, 831,000 SENATE, and 75 million AGI tokens, along with damages and sanctions. FTX claims it made repeated attempts to resolve the disputes before litigation and accuses both firms of breaching contracts and violating bankruptcy protections. FTX Trading and the FTX Recovery Trust filed lawsuits Monday against token issuers NFT Stars and Kurosemi, which does business as Delysium, alleging the…
This content is provided by a sponsor. PRESS RELEASE. Geneva, Switzerland, April 28 2025 — TRON DAO is a proud Platinum Sponsor of the Harvard Blockchain Conference 2025 (HBC25), a premier student-organized blockchain and AI conference hosted by the Harvard Undergraduate Blockchain Club (HUB). The Harvard Blockchain Conference brought together an elite gathering of 350 […]
Alex Mashinsky, the founder and former CEO of collapsed crypto lender Celsius Network, faces the prospect of spending the next two decades behind bars if the U.S. Department of Justice’s sentencing memo request is granted.In the memo filed late Monday, the DOJ urged the court to impose a 20-year prison sentence, calling the crimes a “deliberate, calculated” fraud that caused nearly $7 billion in customer losses and left thousands financially devastated.Mashinsky, who pleaded guilty in December to misrepresenting the safety of customer deposits and manipulating Celsius’s CEL token, “refuses to accept responsibility” for his crimes and continues to shift blame…