Kraken NFT exits beta, Coinbase ‘Stand with Crypto’ gains support, and more

Kraken NFT marketplace exits its beta phase Crypto exchange Kraken has announced that its nonfungible token (NFT) marketplace has exited its beta phase. Along with the launch, the NFT platform highlighted that it has expanded its number of NFT collections. The platform noted that it went from supporting 70 collections to over 250. According to Kraken, it will continue adding even more collections into its marketplace.  We are launching out of BETA! #KrakenNFT is your gateway to buying, selling & learning about NFTs! Browse 250+ collections⛓️ Polygon blockchain IntegrationReddit Collectible…

Circle Rolls Out Support for $USDC Stablecoin on Arbitrum $ARB

Businesses that have an account with Circle can now access Arbitrum USDC and “readily swap USDC across supported chains – avoiding the costs and delays associated with bridging,” said Circle’s official Twitter account. Several key applications will support Arbitrum USDC like Aave, Balancer, Camelot, Coinbase, Curve, GMX, Radiant, Trader Joe and Uniswap, according to the announcement. Source

SushiSwap Launch Sushi DEX Aggregator for Liquidity Support

Sushi noted that its team had been working secretly on building an aggregation router for a while now as it is part of the platform’s bigger vision for 2023.  Open-source Decentralized Exchange (DEX) SushiSwap has introduced a new aggregator as it makes its first foray into the aggregation business. With this DEX aggregator, SushiSwap customers are allowed to obtain the best prices when trading on the platform without further or additional procedures. In order words, customers will be offered optimum pricing while also exposed to a large range of assets…

OpenAI commits $1M to support AI-driven cybersecurity initiatives

The adverse effects of artificial intelligence (AI) technology in the hands of criminals, enabling the creation of deep fakes and malware, have heightened the urgency for action.  OpenAI, the creator of ChatGPT and Dall-e, has announced a $1 million cybersecurity grant program to enhance and measure the impact of AI-driven cybersecurity technologies. The AI company has consistently emphasized the importance of AI regulation to thwart potentially malicious applications. In an ongoing digital arms race, OpenAI appears to be taking proactive measures to ensure positive forces do not lag behind. OpenAI…

GameStop Partners with Telos Foundation to Support Web3 Gaming via Blockchain Technology

The partnership between GameStop and Telos Foundation will attract new users by leveling Web3 barriers preventing widespread adoption. Popular video game and merchandise retailer GameStop Corporation (NYSE: GME) plans to provide more Web3 games in collaboration with the Telos Foundation. The blockchain company powering the Telos blockchain will support GameStop’s plan by providing blockchain infrastructure via Telos. The partnership between both companies will see Telos link Web3 games on its blockchain via GameStop’s Web3 gaming launchpad Playr. According to an official press release, the plan is to attract new users with accessible…

Bitcoin (BTC) Miners Gain More Support in Texas Legislative Session

“More miners in the [demand-response] program means more load can be reliably called on to help balance the grid,” said Dennis Porter, who leads another industry advocacy group, Satoshi Action Fund. “We are increasing communication with the PUC and ERCOT which will improve transparency and publicly available data on mining which ultimately is good for the industry,” he noted. Original

Top US Crypto Exchange Coinbase Launches Trading Support for Cosmos-Based DeFi Altcoin

Coinbase customers can now trade the Cosmos (ATOM)-based decentralized finance (DeFi) altcoin Osmosis (OSMO). The top US crypto exchange added support for the altcoin under its “Experimental Label,” a designation it established for riskier, lower liquidity tokens. Osmosis is an automated market maker (AMM) protocol built on the Cosmos software development kit (SDK). It aims to enable cross-chain transactions by utilizing inter-blockchain communication (IBC). Osmosis’ native governance token, OSMO, is trading at around $0.5986 at time of writing. The 110th-ranked crypto asset by market cap is down 0.6% in the…

Payments Platform Strike Adds Support for Tether’s USDT, Eyes Global Expansion

Strike will be hoping to leverage Tether’s stability as a reliable store of value to appeal to more clients globally. Strike, a global payments platform built on Bitcoin‘s Lightning Network, has added support for Tether (USDT). By integrating the world’s largest stablecoin, users of the Strike app may now carry out USDT on-ramps, off-ramps, and settlements within the platform. According to Tether CTO Paolo Ardoino, work is still in progress regarding which blockchains will back the integration of USDT on the platform. However, he hints that “it will be a…