Stablecoin issuer Tether has abandoned its plan to freeze USDT smart contracts on five chains, saying the tokens will remain transferable but no longer be issued or redeemed. The revised plan impacts users on Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand, Tether said on Friday after receiving feedback from members of these ecosystems….
Two years ago we learned, thanks to the FTC, that Microsoft was working on a separate “dedicated” version of Xbox Cloud Gaming. Microsoft Gaming CFO Tim Stuart then hinted, a few months later, that there could be a free version Xbox Cloud Gaming in exchange for ads. Now, Microsoft is hinting at making Xbox Cloud…
Public companies buying up Bitcoin should consider sunsetting the tactic altogether if their stock prices drastically drop, according to a VanEck executive who warns that a major Bitcoin-scooping firm is close to being caught out. “As some of these companies raise capital through large at-the-market (ATM) programs to buy BTC, a risk is emerging: If…
The native token behind the Injective blockchain could be getting an exchange-traded fund in the US, as Canary Capital created a trust in Delaware for a product that appears to offer staking exposure to the token. The Delaware Division of Corporations website shows the entity “Canary Staked INJ ETF” was formed on Monday, the asset…
OpenAI said on Monday it is pursuing a new restructuring plan after conversations with Delaware and California’s attorneys general, both of whom were closely watching as OpenAI tried to break free of its odd corporate structure. Currently, OpenAI’s nonprofit board governs the organization’s for-profit operations. Under the new plan, OpenAI’s for-profit arm will become a…
Earlier this week, when it seemed as though TikTok’s fate in the US would actually be decided by April 5th, everyone — from Amazon to the founder of OnlyFans — was coming out of the woodwork to buy it. As it turns out, none of them had a chance. And now, thanks to President Donald…
Apple has announced plans to invest more than $500 billion in the US over the next four years, including hiring 20,000 new employees and launching a new server factory in Texas. The announcement was teased after a meeting last week between CEO Tim Cook and President Donald Trump, and comes as the company tries to…
For years, Elon Musk has talked about Dojo — the AI supercomputer that will be the cornerstone of Tesla’s AI ambitions. It’s important enough to Musk that he recently said the company’s AI team is going to “double down” on Dojo as Tesla gears up to reveal its robotaxi in October. But what exactly is…
Google is putting the brakes on a change that would have made it more difficult to track users across different websites to serve them targeted ads. After years of testing, planning, and delays, Google has scrapped a plan to turn off third-party cookie tracking by default like Safari and Firefox already do. The change was…