According to Binance's PoR report for May, most cryptocurrencies are more than 100% backed. The figures for BTC have slightly increased compared to April and stand at 102.13% at the beginning of June.
Despite the high BTC exchange rate, activity in the network has decreased. The volume of transactions fell to a record low for the last 1.5 years (317,000 transactions were recorded on Friday).
Bloomberg: Meta is in talks to invest $10 billion in startup Scale AI.If the deal goes through, it will be the company's largest external investment in AI. Scale AI's clients are Microsoft and OpenAI.
Against the backdrop of tokenization, sales volume in Dubai's real estate market hit a record high of $18.2 billion, with primary sales increasing in value by 314% compared to May 2024.
In Cannes, a movie was shown with a real-time plot generated by an AI using the EverTrail system. ChatGPT created the texts and visuals, while an avatar narrated the story with background music.
Polymarket has become a partner of X – it will be possible to place bets in posts and broadcasts of the social network.After this news, the Polygon blockchain token,on which Polymarket operates, grew.
Amid the war between Trump and Musk, the JAN3 CEO advised the latter to "put everything on bitcoin." For example, start accepting payments in BTC at Tesla again and form a bitcoin treasury.
Apple wants to add stablecoins to Apple Pay, and X wants to add them to the X Money app. Google already accepts payment in PYOSD through its cloud service. Airbnb service is in talks with Worldpay.
During the 1st day of trading on the NYSE, Circle's shares, according to Yahoo.Finance, rose 168% (to $82), with trading volume totaling $47 million. The company raised $1.1 billion in its IPO.
Belarus signed the Decree "On activities in the gambling business". It will be possible to use cryptocurrency to accept bets and pay out winnings only through cryptocompanies-resident of the HTP.
Reddit sued Anthropic because the AI startup used its data to train neural networks without permission. Recall that the company entered into a corresponding agreement with OpenAI and Google.
OpenAI said that ChatGPT users with a paid subscription can receive real-time data from Outlook, Google Drive, Gmail, Teams and other services. But everything is within user settings.
The Ministry of Finance of the Russia supported the idea to install at least 1 domestic OS ("Alt", "Red OS", etc.) on new laptops. Perhaps, in time the initiative will be extended to tablets as well.
According to a report by the World Economic Forum, the decentralized physical infrastructure network (DePIN) market could grow to $3.5 trillion by 2028 due to the merger of AI and blockchain.
According to the SEC, the approach to the crypto industry will be through notices and comments rather than lawsuits. The regulator will establish clear rules for the circulation of cryptocurrencies.
Ilon Musk harshly criticized Trump's bill to cut government spending.According to him,it will increase to $2.5 trillion the already huge budget deficit.He also shamed those who voted for the document.
Meta has signed a 20-year contract with Constellation, the largest US nuclear operator,to purchase 1121 MW of electricity from the Clinton Nuclear Power Plant (Illinois).Deliveries will begin in 2027.
Dubai's regulator (DFSA) has approved the use of Ripple Labs' RLUSD stablecoin in the special economic zone. Zand Bank and the Mamo platform will be the first to implement the stablecoin.
Poland's new president is in favor of cryptocurrencies and innovations, but he himself does not store any digital assets yet. The country's Central Bank is against adding BTC to the state reserve.
The Central Bank of Singapore requires local cryptocurrency companies to cease their overseas operations by June 30.In case of violations, they face fines of up to $200,000 or up to 3 years in prison.