In a significant development within the Solana ecosystem, Jupiter, the leading decentralized finance (DeFi) exchange, has acquired DRiP Haus, a notable digital collectibles platform. This acquisition marks Jupiter’s foray into the world of non-fungible tokens (NFTs), despite the current market’s fluctuations. The Vision Behind the Acquisition Jupiter aims to transform into what co-founder Kash Dhanda…

From a Noisy Lab Desk to Groundbreaking AI Innovations In 2015, a young AI researcher named Ben Fielding embarked on his PhD journey at Northumbria University in northern England. A wooden cubicle housed his workspace, but it was dominated by a clunky machine filled with early GPUs, blaring noise that often irritated his lab-mates. Fielding,…

Kraken’s Registration as a Restricted Dealer Crypto exchange Kraken has officially secured its registration as a restricted dealer in Canada. This pivotal move enables the platform to continue providing crypto trading services to Canadian users in line with the country’s evolving regulatory landscape. A Journey Towards Compliance The announcement, made on Tuesday, follows a multi-year…

Introduction to DTCC’s Bold Move into Crypto The Depository Trust and Clearing Corporation (DTCC), renowned as the largest securities settlement system globally, is making significant strides into the world of cryptocurrency. The organization has recently unveiled a groundbreaking blockchain-based platform dedicated to the management of tokenized collateral. The Importance of Collateral in Financial Markets Collateral…

Welcome to The Protocol, your go-to source for the latest updates and key developments in the world of cryptocurrency technology. I’m Ben Schiller, here to guide you through this week’s highlights. In this edition: – Vana introduces a token standard for data-backed assets – Hashgraph prepares to launch a private blockchain – The evolution of…

In a significant announcement made during a ceremony in the Rose Garden, President Trump revealed his decision to impose “reciprocal tariffs” on foreign goods, effective at midnight. This move aims to address longstanding concerns about trade imbalances and protect American taxpayers. The Rationale Behind Reciprocal Tariffs President Trump emphasized the necessity of these tariffs, stating,…

Strategic Partnership for a Bold Move The HBAR Foundation, known for its innovative blockchain technology, has partnered with Tim Stokely, the founder of popular subscription platform OnlyFans, in an ambitious attempt to acquire the Chinese social media giant TikTok. This collaboration aims to reshape the landscape of social media and empower content creators. A Unique…