Category: Reviews

OpenServ launches Platform V1 for collaborative AI workflows

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Key Takeaways OpenServ’s Platform V1 enables multiple AI agents to work together via a single prompt interface. Reusable and extensible agents address coordination challenges and facilitate scalable AI development. Share this article OpenServ launched Platform V1 today, introducing a collaborative AI system that enables multiple AI agents to work together through a single prompt interface. The platform’s Generative Engine converts user prompts into automated workflows that handle reasoning, orchestration and execution. A specialized Agent Network supports these workflows, with each additional agent expanding the platform’s capabilities. The platform aims to…

Bitcoin tops $120K, triggering $400M in liquidations

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Key Takeaways Bitcoin surged past $120K, its highest since August, driving $400M in liquidations led by BTC and ETH. Seasonal trends show October averaging 21% gains, boosting bullish positioning. Share this article Bitcoin climbed above $120,000 today, its highest level since early August, sparking nearly $400 million in liquidations over the past 24 hours. Data shows about $282 million came from short positions and $120 million from longs, with Bitcoin and Ethereum leading the wipeouts. The largest crypto asset by market cap has gained more than 7% since the start…

Fitell Corp adds 216.8M PUMP worth $1.5M to its treasury

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Key Takeaways Fitell Corp has added 216.8 million PUMP tokens (~$1.5 million) to its corporate treasury. This move is part of Fitell’s wider strategy focused on Solana-based assets. Share this article Fitell Corp, a Nasdaq-listed company, announced it has added 216.8 million PUMP tokens worth $1.5 million to its treasury. The acquisition marks Fitell Corp’s continued adoption of Solana network assets for corporate treasury purposes. PUMP is the native token of Pump.fun, a Solana launchpad that generates revenue through token issuances and transaction fees. Solana has attracted public companies across…

Sui introduces suiUSDe digital dollar token backed by digital assets with Ethena’s support

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Key Takeaways Sui has introduced suiUSDe, a synthetic dollar stablecoin, on its blockchain. suiUSDe will be backed by digital assets paired with short futures positions, instead of traditional fiat reserves. Share this article Sui, a layer 1 blockchain focused on high-performance DeFi applications, announced the upcoming launch of suiUSDe, a native synthetic dollar token backed by digital assets, in partnership with Ethena, the issuer of USDe. The upcoming suiUSDe will function as a Sui-native income-generating asset powered by Ethena’s infrastructure. Its backing mechanism combines digital assets with corresponding short futures…

USDT supply hits 175B

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Key Takeaways Tether’s USDT stablecoin supply has hit 175 billion tokens. This achievement underscores USDT’s continued dominance and growth in the stablecoin sector. Share this article Tether’s USDT supply reached 175 billion tokens, according to CoinGecko data. The milestone marks continued growth for the flagship stablecoin from Tether, a stablecoin issuer positioning itself as “The Stable Company.” Tether has been advancing USDT as a tool for financial inclusion in developing regions by creating extensive physical and digital distribution networks for remittances and daily transactions. Competitors are adopting USDT’s technology and…

White House withdraws nomination of Brian Quintenz for CFTC chair

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Key Takeaways The White House has withdrawn Brian Quintenz’s nomination to chair the CFTC, ending his potential leadership of the derivatives regulator. Brian Quintenz is a former CFTC commissioner known for his active role in crypto regulation discussions and his support for presidential policies. Share this article The White House withdrew Brian Quintenz’s nomination for CFTC chair, ending his bid to lead the Commodity Futures Trading Commission. Quintenz, a former CFTC commissioner, has been active in public discussions on crypto regulation and supportive of presidential policies. The CFTC oversees derivatives…

21Shares launches Jupiter Exchange ETP in Europe for institutional investors

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Key Takeaways 21Shares launched the AJUP ETP, offering regulated access to Jupiter Exchange’s governance token on Solana. The listing on European exchanges reflects growing institutional demand for Solana-based DeFi products. Share this article 21Shares, a provider of exchange-traded products focused on crypto exposure, today launched the Jupiter Exchange ETP (AJUP) in Europe, giving institutional investors regulated access to Jupiter Exchange’s native governance token. The ETP tracks the performance of $JUP, the governance token of Jupiter Exchange, a decentralized exchange aggregator on the Solana blockchain that serves as a central hub…

ECB urges tighter rules on multi-issuance stablecoins to curb financial risks

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Key Takeaways The European Central Bank (ECB) is calling for bans or stricter oversight on multi-issuance stablecoins due to crash fears. The ECB highlights concerns that stablecoins issued across multiple countries by the same entity can create financial stability risks. Share this article The European Central Bank is pushing for stricter rules on multi-issuance stablecoins, citing concerns that rapid expansion of these digital assets could trigger broader financial instability without proper oversight. The ECB has recommended addressing gaps in rules for third-country stablecoin issuers to prevent inconsistencies in multi-jurisdictional operations.…

Turkey moves to expand Masak’s powers to combat illicit crypto activity

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Key Takeaways Turkey is expanding the powers of its Financial Crimes Investigation Board (Masak) to combat illicit crypto activities, including illegal gambling. Masak could gain the authority to restrict mobile and internet banking operations suspected of facilitating financial crimes connected to cryptocurrencies. Share this article Turkey is moving to strengthen its Financial Crimes Investigation Board (Masak) with expanded powers to combat illicit crypto activity, according to Bloomberg. The proposed measures target misuse of bank and crypto accounts in schemes such as illegal gambling and fraud. The proposed regulation would grant…

Coinbase to introduce Sui futures on derivatives platform on October 20

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Key Takeaways Coinbase will list Sui futures on its derivatives platform starting on October 20. Sui is a layer 1 blockchain focused on high-speed transactions and ecosystem growth. Share this article Coinbase will launch Sui futures on its derivatives platform on October 20, expanding trading options for the layer 1 blockchain’s native token. The CFTC-regulated exchange has been broadening its crypto derivatives offerings to enhance access for US investors. Coinbase Derivatives recently introduced perpetual-style futures for assets including Solana and XRP. Sui focuses on high-speed transactions and has upcoming token…