Author: Yeek.io
In a powerful testament to this momentum, Hugging Face, one of the world’s leading open-source AI platforms, has acquired Pollen Robotics, a French startup specializing in modular humanoid robots. Though the acquisition amount remains undisclosed, the move is a significant one—not just in business terms, but also symbolically—as Hugging Face circles back to its French origins while reinforcing its global expansion in robotics and AI. France is rapidly establishing itself as one of the most dynamic AI ecosystems in Europe. Once overshadowed by Silicon Valley and London’s tech dominance, France is now emerging as a powerhouse—driven by a potent mix…
The governor of the Northern Mariana Islands, a small Pacific US territory just north of Guam, has killed the legislation that would have allowed one of the territory’s local governments to launch a fully backed US dollar-pegged stablecoin.In an April 11 letter seen by Cointelegraph, Northern Mariana Islands Governor Arnold Palacios said he vetoed the bill as it “presents several legal issues and may be unconstitutional.”Palacios’ letter said the bill, which largely dealt with issuing licenses to internet casinos, would regulate an activity that could not “be clearly restricted” to Tinian, a small island forming part of the territory that…
The total size of the crypto lending market fell to $36.5 billion in Q4 2024, down more than 40% from its all-time high in late 2021. The crypto lending market remained far from its former highs at the end of Q4 2024, with analysts at Galaxy Digital estimating total loans outstanding at $36.5 billion, well below the $64.4 billion peak seen in late 2021. In a research report on April 14, Galaxy attributed the decline to the “decimation of lenders on the supply side, and funds, individuals, and corporate entities on the demand side.” The state of CeFi lending market…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the approval of staking for Ethereum ETFs from asset manager Grayscale. This setback comes as the SEC awaits the confirmation of pro-crypto commissioner Paul Atkins, whose appointment has yet to be finalized. SEC Postpones Staking Approval On Ethereum ETFs On February 14, 2025, NYSE Arca, Inc. submitted a proposed rule change to the SEC, seeking to amend the listing and trading rules for Grayscale’s Ethereum Trust ETF and Grayscale Ethereum Mini Trust…
Decentralized exchange KiloEX suspended its platform Tuesday after hackers drained $7.5m, marking the latest security breach in the area of decentralized finance.In an announcement on April 14 via X, KiloEX confirmed it had halted operations immediately after detecting the exploit. The team said it contained the breach and launched an investigation alongside leading blockchain security companies.“The exploit has been contained. The team has immediately suspended platform usage and is working with security partners to trace the flow of funds,” the statement read. The exchange added it would soon launch a bounty program, offering rewards for assistance in recovering stolen assets.…
PEPE’s October rally remains one of its most notable price movements, representing a 227% hike in price To determine if PEPE is positioned for a similar rally, its current technical setup is worth analyzing In a recent market commentary, analysts hinted at the possibility of a 100% upside in Pepe [PEPE], drawing parallels with its October breakout pattern. Notably, 2024 marked a breakout year for the memecoin, after it posted remarkable 1,435% year-over-year gains – Surging from its New Year opening price of $0.0000013. By doing so, it closed the year with exponential returns. At press time, however, PEPE was…
Homepage > News > Business > AI could widen disparities for Global South, UN warns Artificial intelligence (AI) is projected to become a $4.8 trillion market within the next decade, but it might only benefit a few and widen inequalities for the Global South, the United Nations warns. In a recent report, the UN Conference on Trade and Development (UNCTAD) revealed that despite AI’s meteoric rise, its advancement and control are still held in the hands of a few elites. It noted that 100 companies, most of whom are based in China or the United States, have made 40% of…
Decentralized exchange KiloEX has confirmed it has suspended usage of its platform and is tracing stolen funds after suffering a $7.5 million exploit. The exploit has been contained, with use of the platform suspended and an investigation underway, the KiloEX team said in an April 14 statement to X.“The team has immediately suspended platform usage and is working with security partners to trace the flow of funds,” KiloEX said. “We are analyzing the attack vector and affected assets. We are collaborating with ecosystem partners to trace and recover funds where possible.” Source: KiloEXA bounty program and a full report on how the exploit…
Hong Kong, Hong Kong, April 15th, 2025, Chainwire TermMax is excited to announce the official mainnet launch on Ethereum and Arbitrum, going live on April 15, 2024. TermMax is set to redefine decentralized finance (DeFi) by offering the most efficient leverage solution – fixed-rates borrowing and lending with a single click. The extended features include one-click looping positioning, range orders, and customizable pricing curves. Think of TermMax as Uniswap V3 for borrowing and lending—a platform that combines the flexibility of Uniswap V3 with a V4 upgrade in the near future. How TermMax Solves Key DeFi Challenges TermMax is designed to…
Key Takeaways: BlackRock and Grayscale shed $503.5M in Bitcoin ETFs last week. Xi-Trump meeting could revive markets as dollar drops. NYT bestselling author Kiyosaki wants investors to choose Bitcoin over traditional currency as the asset holds steady at $84K. Recent data revealed that 12 U.S. Bitcoin ETFs recorded outflows of $708.9 million. At the heart of this shift is the escalating tension between the US-China trade tension, sparked by President Trump’s aggressive tariff proposals.Nearly $1 Billion Withdrawn From Bitcoin ETFs Since AprilAccording to data from Farside, U.S. Bitcoin ETFs continue facing consistent withdrawals in April.From April 7 to 11, spot…