Day: 13 August 2025

DeFi is teeming with innovation, offering users permissionless access to lending, trading, and yield opportunities, but its reliance on highly volatile crypto assets continues to raise concerns around long-term stability. One project aiming to solve this is Ethena, the team behind USDe, a synthetic dollar designed to bring scalable, censorship-resistant ...

The two Estonian men behind one of the largest crypto-related fraud cases in U.S. history have avoided additional prison sentences after admitting their roles in a $577 million Ponzi scheme. Sergei Potapenko and Ivan Turõgin, co-founders of the now-defunct crypto mining firm HashFlare, were sentenced on Tuesday in Seattle federal ...

Zug, Switzerland, 13th August 2025, Chainwire

Dubai, UAE, 13th August 2025, Chainwire

San Francisco, United States, 13th August 2025, Chainwire

In response to Western sanctions, Russia has increasingly turned to cryptocurrencies like Bitcoin, Ethereum, and Tether to settle oil transactions with major buyers such as China and India. Although crypto-based payments currently account for a small but growing share of Russia's $192 billion oil trade, they mark a significant shift ...

AI is transforming various industries, from medicine to finance, but training these powerful models is becoming a privilege only the biggest players can afford. Traditional cloud providers like AWS, Google Cloud, and Microsoft Azure dominate the space, offering the infrastructure needed to run advanced AI computations, but at high financial ...