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SUI mainnet goes live as token sees immediate action on Binance, OKX, others

The total supply of the SUI token is capped at 10 billion coins, with tokens running on delegated Proof-of-Stake, or dPoS, consensus algorithm. Major cryptocurrency exchanges around the world are launching trading of the Sui (SUI) token amid the Sui Network's mainnet launch on May 3. According to an official announcement by the Sui Foundation, the Sui mainnet went live at 12:00 pm UTC. A wide number of global crypto trading platforms opted to support the Sui mainnet launch, enabling investors to buy and sell the new SUI token . As such, Binance crypto exchange plans to debut SUI trading right away after mainnet launch. The platform will allow users to trade between SUI and cryptocurrencies like Bitcoin (BTC), Tether (USDT) and Binance Coin (BNB) at 12:15 pm UTC. The firm will also enable investors to exchange SUI against euros and Turkish liras. Other big exchanges including Huobi, KuCoin, ByBit, OKX and Poloniex also announced SUI listings. KuCoin noted that it also plans to ...

Nifty News: Trump drops more NFTs ahead of presidential run, Meta opens to teens and more

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Trump’s first NFT collection has seen its value plummet by more than 60% following the latest launch which comes ahead of his 2024 presidential bid. Trump drops series 2 NFT collection ahead of presidential run Another round of digital nonfungible tokens (NFTs) trading cards have dropped bearing the likeness of former United States President Donald Trump, with 38,001 minted on Polygon (MATIC). The collection was launched on April 18 at a price of $99 each, it currently has a floor price of 0.0659 ETH ($145) according to data from NFT marketplace OpenSea and has racked up a volume of 592 Ether (ETH), or over $1.2 million. Based on the collections creator fee of 10% the sales have generated over $100,000, while the initial subscription generated an additional $3.76 million of revenue based on a sale price of $99. A screenshot of Trump's April 18 Instagram post. Source: Instagram Posting to Instagram, Trump suggested that he kept the price the same as it was for the first series “bec...

ChatGPT-Creator OpenAI Hires Around 100 Ex-Google and Meta Employees

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OpenAI grabbed global attention as its creation, ChatGPT , created commotion in the market. With the expertise of several engineers and developers, OpenAI gave life to ChatGPT , which has emerged as one of the most widely-used and advanced language models globally. Also read: Dogecoin Price Prediction for March 2023 Now, according to the latest data, it has come to light that OpenAI has hired numerous former employees of Meta and Google to create the AI bot. JUST IN: ChatGPT -creator OpenAI hires former Google $GOOGL employees. — Watcher.Guru (@WatcherGuru) February 22, 2023 OpenAI nearly hired around 100 employees from Google and Meta combined The latest data from LeadGenius and Punks & Pinstripes reveals that OpenAI currently has 59 ex-employees from Google and 34 from Meta. Over 200 employees also hail from Google’s parent company, Alphabet. The data also reveals that the employee pool consists of former Apple and Amazon staff. Also read: Scam ChatG...

1 Year of Facebook Becoming Meta: What it Did & Didn't Achieve

Little over a year ago, on the 28th of October, 2021, social media giant, Facebook, rebranded itself into Meta. The announcement was made at the Facebook Connect conference. The rebranding reflected the company’s attempt at growing beyond social media, delving into web3. Regardless of the fall in Meta stock prices, the firm has sure been busy in the year since the rebrand. What Meta achieved Meta’s ambitions are high. And the same reflects in the projects that the company has undertaken. In December 2021, the company unveiled its virtual reality social networking project called Horizon Worlds. Additionally, it made more cryptocurrency ads on Facebook possible. Fast forward to April 2022, there were reports about the company designing a digital currency to be used within the metaverse. However, there is no official update on this matter. The company submitted five trademark applications in May for Meta Pay, a platform for processing payments that supports crypto...