Day: April 11, 2024

BlackRock’s BUIDL fund now convertible to USD Coin (USDC) after Circle integration – CoinJournal

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[ad_1] Circle enables BUIDL share conversion to USDC with new smart contract functionality. BlackRock’s BUIDL investors can convert their shares to USDC 24/7. BlackRock’s BUIDL fund saw $240 million in first-week investments. Circle, the issuer of USD Coin (USDC) stablecoin, has unveiled a new smart contract functionality, enabling BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) investors to convert their shares into USDC. The groundbreaking smart contract functionality enables BUIDL investors to convert their shares into USDC at any time, 24/7. BlackRock’s foray into tokenized funds BlackRock’s foray into the world…

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AI bias: how blockchain can ensure its safety

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[ad_1] Blockchain technology can combat bias in AI systems through decentralized, transparent smart contracts, but challenges like scalability, interoperability, and regulatory compliance need to be addressed. As artificial intelligence (AI) becomes increasingly integrated into our daily lives, concerns about bias within AI systems have garnered significant attention. Bias in AI refers to the systematic errors or inaccuracies in decision-making processes, often resulting from the unconscious prejudices of its developers or the data used to train the algorithms. Addressing bias in AI is crucial to ensuring fairness, equity, and safety across…

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Circle Launches Native USDC Stablecoin on the Ethereum Scaling and Privacy Solution zkSync

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[ad_1] Stablecoin issuer Circle says the dollar-pegged USDC is now available natively on layer-2 Ethereum (ETH) scaling protocol zkSync. In a series of posts on social media platform X, zkSync says that, unlike the USDC that was previously bridged on its platform, native USDC is different. “It’s backed by Circle with additional benefits:  Regulated, fully reserved, and always redeemable 1:1 for US dollars  Institutional customers can mint and redeem USDC through Circle Mint https://circle.com/en/circle-mint  Easy integration into existing apps.” zkSync says the native USDC will be labeled USDC while the…

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Bitcoin Difficulty and Hashrate Reach Record Highs as Halving Draws Closer – Mining Bitcoin News

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[ad_1] Bitcoin’s network difficulty climbed to an unprecedented peak on April 10, 2024, at block height 838,656, increasing by 3.92% to reach 86.39 trillion. This escalation in difficulty will make it increasingly challenging to mine blocks as the fourth halving event nears, with fewer than 1,250 blocks remaining until block 840,000 is mined. Block 838,656 Marks […] [ad_2] Source link

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Favourite altcoins in Q2 2024: FLOKI (FLOKI), Cardano (ADA) and Rebel Satoshi Arcade (RECQ) – CoinJournal

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[ad_1] FLOKI, Cardano and Rebel Satoshi Arcade are altcoins that investors have been massively accumulating this quarter. Their bullish outlooks and unique concepts make them promising altcoins to hold. As a new token, Rebel Satoshi Arcade has significant upside potential, fueling investor interest. Investors have waited years for this moment — a new bull market. The market has been retesting levels last seen during the 2021 bull market, signalling the start of a new cycle. To determine the most compelling investments, we have been following what savvy investors are buying—…

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Bittensor (TAO) soars towards new ATH: Is $1000 next – CoinJournal

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[ad_1] Bittensor (TAO) price reached hihhs of $747 after Binance announced listing of TAO. The token’s all-time high of $757 was reached in March this year. A breakout above this could see Bittensor price target the $1,000 level. Bittensor (TAO) is soaring, and is one of the top performing altcoins in the market today. Per data from CoinGecko, the TAO token price has reached highs of $747, a 24-hour high that was just shy of the token’s all-time high of $757.60 reached on March 7, 2024. Could price discovery mode…

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