NFT News by Thebittimes.Com

In a recent video released by Sputnik, Russian President Vladimir Putin criticized the United States for abandoning the gold standard. The criticism is based on the country leaving the U.S. dollar as a trust-based currency backed by nothing. According to the video translation shared by Jane Adams in a post on X, Putin stated: “The United States decided to step away from the gold equivalent. There is no other promise, no other collateral rather than trust towards the U.S. economy.” Picks for you Stock market indicator resembles the 2000 dot-com bubble pattern 52 mins ago Is Ethereum overvalued? Network value indicator's all-time high suggests it is 1 hour ago ...

io.net, a Solana-based decentralized physical infrastructure network (DePIN) protocol, announced a new rewards program ahead of its token debut in April.  The program , named Ignition, is set to enter its initial phase on March 1 and will continue until April 28. How does the io.net reward system work? Through Ignition, users will earn points based on their contribution of graphics processing units (GPUs) to the network.  Picked for you Crypto expert reveals the right time to sell Bitcoin 25 mins ago How much is the CEO of ARK Invest worth: Cathie Wood's net worth revealed 2 hours ago 3 cryptocurrencies for a 10x market cap increase in 2024 15 hours ago Brace for strong Cardano (ADA) surge; Here’s why 16 hours ago Other factors, such as completed job hours, node bandwidth, GPU model, uptime, as well as GPU supplier activity since its inception in November 2023 will also influence the rewards algorithm. Ahmad Shadid, io.net CEO a...

Tether’s reported new partnership with Britannia Bank makes it the third Bahamas-based bank to join forces with the stablecoin issuer. Tether, the stablecoin issuer behind USDT, has reportedly added Britannia Bank & Trust, a private bank based in The Bahamas to process dollar transfers on its platform. It is understood Tether has instructed clients to send money to Britannia’s bank account over the last few months, according to an Aug. 29 report by Bloomberg, citing people familiar with the matter. However, it isn’t clear when Tether’s banking relationship with Britannia Bank started, but its other reported banking partners include Deltec Bank and Capital Union Bank. In recent months, United States- based cryptocurrency firms have had to increasingly look offshore for banking partners amid increased scrutiny by U.S. regulators following the shock collapse of FTX in November. Tether’s unwillingness to publicly disclose the full extent of its balance sheet and banking relationsh...