Author: admin

Tether’s Local AI Kit leverages peer-to-peer technology to run AI models locally on user devices, ensuring complete privacy. Tether’s AI demo features a private translation app that operates securely without the need for centralized servers or cloud data storage. Tether has released a local AI development kit. This innovative, privacy-focused technology runs AI models on local devices via a peer-to-peer (P2P) system. It supports several artificial intelligence models, including Marian and Llama, allowing users to load and store weights and fine-tune data in a decentralized P2P system. This method guarantees complete data privacy as everything works directly on the user’s…

Ethereum co-founder Vitalik Buterin defended the Ethereum Foundation’s constant ETH sales and called for some respect amid growing community concerns. Buterin once again responded to growing community backlash against his and his foundation’s continued sales of Ethereum. Notably, he made it clear to users several months ago that he was not selling Ethereum for personal profit, but enthusiasts still believe that sales from him and his foundation are be critical of Buterin defends Ethereum Foundation In response to Buterin’s Ta. Buterin responded that he had not sold any Ether in the past month. Moreover, as enthusiasts noted, the second-largest crypto…

The US government is investigating Tether, the world’s largest stablecoin, over concerns that it may once again be involved in illegal activities. This is not the first time Tether has been at loggerheads with the U.S. government; this is the 19th time. On Friday, the Wall Street Journal reported that top officials at the Manhattan U.S. Attorney’s Office are investigating whether Tether is being used by others to fund illegal activities. Tether, which operates under the ticker USDT, is known for its anonymity and resistance to chargebacks, making it attractive for illicit purposes. Tether’s legal troubles began in 2012 with…

On Friday, the American newspaper “Wall Street Journal” interrupted the price rise in the cryptocurrency market and harshly criticized Tether. The paper spread a wave of FUD alleging that stablecoin companies were involved in criminal activities such as money laundering and sanctions violations. Hours after the article was published, Tether CEO Paolo Ardoino denied Lugano’s accusations against Plan B. Over the weekend, Bitcoin recovered its price and returned to a bullish market trajectory. WSJ against Tether: Money laundering and sanctions violation charges halt crypto rally On Friday, October 25th, the crypto sector rally was briefly interrupted by a WSJ media…

Hong Kong’s fintech sector is gearing up for major changes with the scheduled launch of HKDR, the first Hong Kong dollar-backed stablecoin issued on the Ethereum blockchain. RD InnoTech, a subsidiary of Hong Kong-based RD Technologies, plans to launch a stablecoin through the Hong Kong Monetary Authority’s (HKMA) stablecoin issuer sandbox. The Sandbox, a regulated testing environment, allows HKDR to undergo real-world testing under strict oversight, allowing RD InnoTech to ensure the security, stability, and usability of the coin before widespread public rollout. The HKDR stablecoin is pegged 1:1 to the Hong Kong dollar (HKD). RD Technologies is committed to…

VW’s labor union aims to reduce headcount and pay by 10%Volkswagen’s works council announced on Monday that the car giant is considering wide-ranging pay cuts and layoffs, as well as closing or downsizing factories in Germany.Works council president Daniela Cavallo said Volkswagen management recently presented the council with a plan that included a wage freeze for 2025 and 2026, as well as a 10% reduction in salaries across the board. All things considered, union workers will see their salaries reduced by about 18% during the period.The VW logo shines on the roof of the brand tower at the Volkswagen headquarters…

Digital asset inflows reached a staggering $901 million last week, with Bitcoin accounting for the majority of total inflows. In October, ahead of the US elections in November, BTC turned out to be the favorite for investors this month. On the other hand, Ethereum (ETH) has seen outflows, and altcoins such as Solana and Litecoin have been in the spotlight. Bitcoin dominates the flow into the virtual currency market According to CoinShares’ latest report, total inflows into digital asset investment products were $901 million, with inflows accounting for 12% of total assets under management in October. This is the fourth…

Price trends in the cryptocurrency market are primarily driven by its dominant player, Bitcoin. Bitcoin is currently at a critical juncture, having recently broken through long-term resistance levels, which could shape its next big move. Meanwhile, XRP is battling significant technical hurdles that could ignite a bull market or lead to a bear market reversal. This article examines the current price trends of these two major assets and highlights alternative investment opportunities with a new contender: CYBRO. Bitcoin Price Analysis: Bullish Breakout or False Signal? After months of consolidation and decline, Bitcoin has finally broken through the major resistance level…

Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. Dogecoin was created on December 6, 2013, inspired by the famous Doge meme. A Doge meme is an…

The time for the US presidential election, which may be the most closely watched in the history of cryptocurrencies, is rapidly approaching.And with just seven days left until the big day, something unexpected is happening in the cryptocurrency market.One would think that crypto investors would be happy with President Trump’s consistent support for cryptocurrencies. After all, he has been one of the loudest voices supporting crypto innovation and questioning the SEC’s aggressive approach.But what everyone’s talking about here is that some of crypto’s sharpest minds are suggesting that Trump’s victory may not be a simple victory for meme coins. .why?…