Crypto News
Falcon Finance Introduces Overcollateralized Stablecoin USDf
Falcon Finance launches USDf, a synthetic stablecoin backed by diversified collateral, offering security and flexibility in the DeFi space. (Read More)Source link
Dubai Government Opens Door to Accepting Crypto for Service Fees
Dubai agreed to allow cryptocurrency payments for government services in a deal with crypto exchange Crypto.com, taking a step toward implementing its plan for a cashless society.Once technical details are complete, the agreement will allow individuals and businesses to pay fees using digital wallets from Crypto.com, which is licensed by the emirate's Virtual Assets Regulatory Authority (VARA). The platform will then convert the amounts into dirhams for payment, according to a Monday press release.The agreement allows the government "to harness financial technology in launching a new digital payment channel on the government’s digital portals," it said in the release. The cashless strategy is expected to add at least 8 billion dirhams ($2.2 billion) annually to the economy.Dubai has been building...
JPMorgan: Gold Could Reach $6,000 if This Shift Happens
Given the inelastic supply of gold, JPMorgan analysts believe the precious metal could reach prices of $6,000 per troy ounce by 2029. The bank stated that a shift of just 0.5% of U.S. assets held abroad into gold could send prices soaring. JPMorgan: Gold Might Soar to $6,000 by Trump’s Term End Gold, which hasSource link
Meta Removes Deepfake AI Ad After Jamie Lee Curtis Calls Out Mark Zuckerberg
Meta removed a fake AI ad using Curtis’ likeness after she publicly urged the firm’s CEO to act, citing misuse of her voice and image.Source link
Barcelona Welcomes CoreWeave’s AI Cloud Platform with New Data Center Launch
Barcelona inaugurates a new data center hosting CoreWeave's AI platform, aiming to transform the city into a digital hub with sustainable and efficient infrastructure. (Read More)Source link