Uber to introduce AI assistant for drivers
At the GO-GET Zero event in London, Uber announced the launch of an AI assistant for drivers, powered by GPT-4 from OpenAI.
Initially, the assistant will focus on answering questions related to electric vehicles, helping drivers find charging stations and recommending the best models to buy. In the future, its functionality will expand to other uses.
The AI assistant will be accessible from the main screen of the Uber app for drivers. The chatbot will receive regular updates, providing personalized responses based on the driver’s needs and their city.
This initiative aims to encourage the use of electric vehicles,…
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At the GO-GET Zero event in London, Uber announced the launch of an AI assistant for drivers, powered by GPT-4 from OpenAI.
Initially, the assistant will focus on answering questions related to electric vehicles, helping drivers find charging stations and recommending the best models to buy. In the future, its functionality will expand to other uses.
The AI assistant will be accessible from the main screen of the Uber app for drivers. The chatbot will receive regular updates, providing personalized responses based on the driver’s needs and their city.
This initiative aims to encourage the use of electric vehicles,…
👉 Read More
bybit | bingx | okx | Trading Academy💰 | its-crypto.com
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Scroll announces the launch of the SCR token and airdrop
On October 22, the Layer 2 platform Scroll, based on ZK-Rollups technology, will launch the SCR token and conduct its airdrop.
According to the announcement, 1 billion SCR tokens will be issued, and the snapshot for participation in the airdrop will take place on October 19.
The project’s tokenomics are as follows:
- 15% of the tokens will be distributed through airdrops (7% of which in the upcoming airdrop);
- 35% are allocated for ecosystem development;
- 10% will go to the Scroll Foundation treasury;
- 23% are allocated to the team with a one-year lockup and four-year vesting…
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On October 22, the Layer 2 platform Scroll, based on ZK-Rollups technology, will launch the SCR token and conduct its airdrop.
According to the announcement, 1 billion SCR tokens will be issued, and the snapshot for participation in the airdrop will take place on October 19.
The project’s tokenomics are as follows:
- 15% of the tokens will be distributed through airdrops (7% of which in the upcoming airdrop);
- 35% are allocated for ecosystem development;
- 10% will go to the Scroll Foundation treasury;
- 23% are allocated to the team with a one-year lockup and four-year vesting…
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Analysts note that after one of the largest daily corrections since 2022, bitcoin fell to $60,000 on 1 October at 3.7%.
Later, the bulls managed to bring the rate back to $62,500, which corresponds to the average cost of acquiring coins by short-term investors.
ITS Crypto / Invest / Trade / Strategy
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U.S. regulators have collected at least $32 billion from cryptocurrency companies
This was done as part of settlements related to regulatory compliance claims, according to a report by CoinGecko.
The total amount does not include personal fines imposed by the Commodity Futures Trading Commission (CFTC) on company executives.
A record sum of $19.45 billion was collected in 2024, with a significant portion of this amount being a $12.7 billion payment from FTX and Alameda. These funds will be used to settle creditors’ claims totaling $11.2 billion.
This year, regulators also received $4.5 billion as part of a settlement with Terraform Labs. Other major fines include Binance with $4.3 billion and…
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This was done as part of settlements related to regulatory compliance claims, according to a report by CoinGecko.
The total amount does not include personal fines imposed by the Commodity Futures Trading Commission (CFTC) on company executives.
A record sum of $19.45 billion was collected in 2024, with a significant portion of this amount being a $12.7 billion payment from FTX and Alameda. These funds will be used to settle creditors’ claims totaling $11.2 billion.
This year, regulators also received $4.5 billion as part of a settlement with Terraform Labs. Other major fines include Binance with $4.3 billion and…
👉 Read More
bybit | bingx | okx | Trading Academy💰 | its-crypto.com
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Only 13.6% of Polymarket users made a profit
According to data from Layerhub, only 13.6% of users on the Polymarket prediction platform made a profit, with most earning less than $100. In absolute terms, this represents 24,565 wallets, while the remaining 86.4%, or 156,010 users, incurred losses.
Among those who managed to make a profit, only 2,146 wallets earned more than $1,000, while the majority made less than $100. A total of 7,465 wallets fell into the $100 to $1,000 earnings category, indicating that most users either suffered minor losses or saw modest gains.
Polymarket facilitated approximately 10.8 million transactions, with daily transaction growth exceeding 300,000 between…
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According to data from Layerhub, only 13.6% of users on the Polymarket prediction platform made a profit, with most earning less than $100. In absolute terms, this represents 24,565 wallets, while the remaining 86.4%, or 156,010 users, incurred losses.
Among those who managed to make a profit, only 2,146 wallets earned more than $1,000, while the majority made less than $100. A total of 7,465 wallets fell into the $100 to $1,000 earnings category, indicating that most users either suffered minor losses or saw modest gains.
Polymarket facilitated approximately 10.8 million transactions, with daily transaction growth exceeding 300,000 between…
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Bitcoin fell below $60,000 last night
In just one hour, $63,000,000,000 worth of long positions were liquidated.
ITS Crypto / Invest / Trade / Strategy
In just one hour, $63,000,000,000 worth of long positions were liquidated.
ITS Crypto / Invest / Trade / Strategy
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Stripe adds USDC and USDP payment options
Stripe has expanded its payment capabilities by adding stablecoins USDC and USDP as payment options on the checkout page, Bloomberg reports.
On the first day alone, customers from more than 70 countries used the service.
“We focus on the needs of online businesses, and it’s important for them to attract more customers with minimal costs. Stablecoins show potential in achieving this goal,” said Stripe’s Head of Product, Jeff Weinstein.
Stripe announced the integration of stablecoins in April.
USDC is supported on Ethereum, Solana, and Polygon, while USDP is supported on Ethereum and Solana. Payments in these currencies are…
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Stripe has expanded its payment capabilities by adding stablecoins USDC and USDP as payment options on the checkout page, Bloomberg reports.
On the first day alone, customers from more than 70 countries used the service.
“We focus on the needs of online businesses, and it’s important for them to attract more customers with minimal costs. Stablecoins show potential in achieving this goal,” said Stripe’s Head of Product, Jeff Weinstein.
Stripe announced the integration of stablecoins in April.
USDC is supported on Ethereum, Solana, and Polygon, while USDP is supported on Ethereum and Solana. Payments in these currencies are…
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Tezos Stakers File Another Lawsuit Against the US Tax Authority
Tezos validator Josh Jarrett and his wife Jessica from Tennessee have filed a new lawsuit against the IRS, challenging the taxation of tokens generated through staking.
In their complaint, the couple argues that such assets should be treated as newly created property, with tax obligations arising only upon sale.
They compared the staking tokens to a “farmer’s harvest, an author’s manuscript, or a manufacturer’s product,” which are not taxed until sold.
The Jarretts are seeking a change in the IRS rule that requires staking rewards to be taxed at their presumed market value as soon as they are received.…
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Tezos validator Josh Jarrett and his wife Jessica from Tennessee have filed a new lawsuit against the IRS, challenging the taxation of tokens generated through staking.
In their complaint, the couple argues that such assets should be treated as newly created property, with tax obligations arising only upon sale.
They compared the staking tokens to a “farmer’s harvest, an author’s manuscript, or a manufacturer’s product,” which are not taxed until sold.
The Jarretts are seeking a change in the IRS rule that requires staking rewards to be taxed at their presumed market value as soon as they are received.…
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Bitcoin kit moved $9.1bn worth of assets in the last few days 💸
Namely 150,000 BTC at 2,000 BTC apiece over the past few days. Some BTC were sold through market maker Wintermute, the analyst wrote.
ITS Crypto / Invest / Trade / Strategy
Namely 150,000 BTC at 2,000 BTC apiece over the past few days. Some BTC were sold through market maker Wintermute, the analyst wrote.
ITS Crypto / Invest / Trade / Strategy
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Ryan Salameh and a new position
The ex-head of Bahamas-based FTX has posted on LinkedIn about his "new position" as an inmate at the Cumberland Federal Correctional Institution.
ITS Crypto / Invest / Trade / Strategy
The ex-head of Bahamas-based FTX has posted on LinkedIn about his "new position" as an inmate at the Cumberland Federal Correctional Institution.
"Bro went from LinkedIn to LockedIn," the comments joked.
ITS Crypto / Invest / Trade / Strategy
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Robert Kiyosaki predicts a major financial meltdown
That could see BTC fall to $5,000 but then rise to $100,000 and beyond, urging investors to prepare for the impending turmoil.
ITS Crypto / Invest / Trade / Strategy
That could see BTC fall to $5,000 but then rise to $100,000 and beyond, urging investors to prepare for the impending turmoil.
ITS Crypto / Invest / Trade / Strategy
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The number of crypto millionaires has increased by 95%
Over the past year, the global market capitalization of cryptocurrencies has significantly grown, rising from $1.05 trillion to $2.2 trillion. According to the 2024 Crypto Wealth Report by Henley & Partners, the number of individuals holding crypto assets worth over $1 million has reached 172,000, which is a 95% increase from the previous year. Among them, the number of Bitcoin millionaires rose by 111%, totaling 85,000 individuals.
Additionally, the report indicates that 28 people hold crypto assets valued at over $1 billion. Experts attribute this growth to the global adoption of cryptocurrencies, increased institutional interest, and more active involvement…
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Over the past year, the global market capitalization of cryptocurrencies has significantly grown, rising from $1.05 trillion to $2.2 trillion. According to the 2024 Crypto Wealth Report by Henley & Partners, the number of individuals holding crypto assets worth over $1 million has reached 172,000, which is a 95% increase from the previous year. Among them, the number of Bitcoin millionaires rose by 111%, totaling 85,000 individuals.
Additionally, the report indicates that 28 people hold crypto assets valued at over $1 billion. Experts attribute this growth to the global adoption of cryptocurrencies, increased institutional interest, and more active involvement…
👉 Read More
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Harris advocated for a regulatory framework for the crypto market
The presidential candidate says she wants to protect the interests of black citizens along with the interests of other market participants investing or owning cryptocurrency.
She also said she appreciates how new technology can expand access to banking and financial services.
ITS Crypto / Invest / Trade / Strategy
The presidential candidate says she wants to protect the interests of black citizens along with the interests of other market participants investing or owning cryptocurrency.
She also said she appreciates how new technology can expand access to banking and financial services.
ITS Crypto / Invest / Trade / Strategy
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Adobe Introduced AI Video Generator
Adobe has announced the launch of new AI features, including tools for video creation and editing.
The Generative Extend feature allows users to add frames at the beginning or end of a video, while other tools enable the creation of videos using text prompts and existing images.
The Adobe Firefly image generator has been updated to produce more diverse illustrations with improvements in detail, lighting, composition, and color.
Two new features have been added to Adobe Photoshop:
- Generative Workspace for quickly generating images and brainstorming multiple concepts through prompts;
- Adobe Substance 3D Viewer for working with 3D…
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Adobe has announced the launch of new AI features, including tools for video creation and editing.
The Generative Extend feature allows users to add frames at the beginning or end of a video, while other tools enable the creation of videos using text prompts and existing images.
The Adobe Firefly image generator has been updated to produce more diverse illustrations with improvements in detail, lighting, composition, and color.
Two new features have been added to Adobe Photoshop:
- Generative Workspace for quickly generating images and brainstorming multiple concepts through prompts;
- Adobe Substance 3D Viewer for working with 3D…
👉 Read More
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The Fear and Greed Index has added 17 points to reach 65 (greed) over the week
This is the maximum since July 2024.
It is associated with the growth of BTC above $65,000
ITS Crypto / Invest / Trade / Strategy
This is the maximum since July 2024.
It is associated with the growth of BTC above $65,000
ITS Crypto / Invest / Trade / Strategy
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Bitcoin could hit an all-time high in the next three weeks
That is, even before the US elections. Analysts at Standard Chartered report. The reasons cited are the increased chances of Donald Trump's victory, a significant inflow of funds into spot bitcoin-ETFs, as well as increased activity in the crypto derivatives market.
In turn, Bitwise showed the dynamics of bitcoin after the last US presidential election and hinted at a continuation of the rally in 2025, calling the current cycle ‘mainstream’.
ITS Crypto / Invest / Trade / Strategy
That is, even before the US elections. Analysts at Standard Chartered report. The reasons cited are the increased chances of Donald Trump's victory, a significant inflow of funds into spot bitcoin-ETFs, as well as increased activity in the crypto derivatives market.
In turn, Bitwise showed the dynamics of bitcoin after the last US presidential election and hinted at a continuation of the rally in 2025, calling the current cycle ‘mainstream’.
ITS Crypto / Invest / Trade / Strategy
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JPMorgan Highlights Bitcoin Growth Drivers Until the End of the Year
JPMorgan analysts believe that the potential return of Donald Trump to the U.S. presidency and the need for protection against economic instability create favorable conditions for Bitcoin’s growth in 2025. Experts noted that amid geopolitical tensions and the upcoming U.S. elections, institutional investors may focus on Bitcoin and gold, but not on Ethereum.
A Trump victory could not only provide regulatory support for Bitcoin but also lead to economic turbulence due to increased tariffs and government spending.
Other growth factors include:
- Morgan Stanley and other investment firms’ plans to offer clients spot Bitcoin ETFs;
-…
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JPMorgan analysts believe that the potential return of Donald Trump to the U.S. presidency and the need for protection against economic instability create favorable conditions for Bitcoin’s growth in 2025. Experts noted that amid geopolitical tensions and the upcoming U.S. elections, institutional investors may focus on Bitcoin and gold, but not on Ethereum.
A Trump victory could not only provide regulatory support for Bitcoin but also lead to economic turbulence due to increased tariffs and government spending.
Other growth factors include:
- Morgan Stanley and other investment firms’ plans to offer clients spot Bitcoin ETFs;
-…
👉 Read More
bybit | bingx | okx | Trading Academy💰 | its-crypto.com
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Tether reported the growth of USDT users to 330 million.
Thus, over the last year the indicator grew by 9%, and the third quarter of 2024 was the best - 36.25 million users. In terms of networks, the L2 protocols Optimism, Arbitrum and Polygon showed the biggest growth. The TON blockchain integrated six months ago accounted for 3.3 million wallets.
However, the data does not include users who only use USDT on centralised platforms. According to Tether, we're talking about a few additional tens of millions of wallets.
ITS Crypto / Invest / Trade / Strategy
Thus, over the last year the indicator grew by 9%, and the third quarter of 2024 was the best - 36.25 million users. In terms of networks, the L2 protocols Optimism, Arbitrum and Polygon showed the biggest growth. The TON blockchain integrated six months ago accounted for 3.3 million wallets.
However, the data does not include users who only use USDT on centralised platforms. According to Tether, we're talking about a few additional tens of millions of wallets.
ITS Crypto / Invest / Trade / Strategy
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Vitalik Buterin named the key task for Ethereum
Ethereum co-founder Vitalik Buterin considers the lack of a unified ecosystem to be the main issue facing the network at present. He made this statement at Shanghai Blockchain Week 2024, according to Colin Wu.
According to Buterin, the space built on the protocol currently resembles 34 separate blockchains.
As long-term goals for Ethereum’s development, he outlined the following:
- achieving throughput of over 100,000 transactions per second (TPS) through Layer 2 solutions;
- completing cross-chain transactions in two seconds;
- creating a unified interface.
Buterin also emphasized the importance of improving the Ethereum Virtual Machine (EVM) and strengthening link…
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Ethereum co-founder Vitalik Buterin considers the lack of a unified ecosystem to be the main issue facing the network at present. He made this statement at Shanghai Blockchain Week 2024, according to Colin Wu.
According to Buterin, the space built on the protocol currently resembles 34 separate blockchains.
As long-term goals for Ethereum’s development, he outlined the following:
- achieving throughput of over 100,000 transactions per second (TPS) through Layer 2 solutions;
- completing cross-chain transactions in two seconds;
- creating a unified interface.
Buterin also emphasized the importance of improving the Ethereum Virtual Machine (EVM) and strengthening link…
👉 Read More
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