Tag: Conflux Network

Speaking to CNBC on November 6, Friar addressed concerns about electricity consumption, water use, and noise pollution following a wave of anti-data-center votes in the November 3 midterm elections. She said OpenAI would work with local utilities, invest in electricity infrastructure, and maintain closer relationships with communities hosting its facilities. OpenAI Pledges to Protect Consumers…

TL;DR: Payward, the infrastructure company behind Kraken, said November 5 that an affiliated fund and its clients had acquired an undisclosed amount of AAVE through secondary markets. The investment signals interest in decentralised credit, but no stake size or binding future partnership terms were provided. A major centralised crypto platform is putting capital behind one…

TL;DR: Leap, described by Solana Labs as a mobile trading app for tokenised stocks, ETFs, metals, currencies and crypto, launched in early-access beta on iOS on November 5. The app brings several asset categories into one interface, but each token’s legal rights and user eligibility still need separate examination. Solana’s tokenised-asset ambitions are moving into…

TL;DR: Aave Labs said November 6 it had acquired Avon’s team and technology, including fixed- and floating-rate lending systems and an onchain order book. The move adds expertise for fixed-rate borrowing, but does not mean a finished fixed-rate Aave product has launched for every user. Most people who take out a conventional loan want a…

TL;DR: A November 6 update from blockchain intelligence firm Elliptic says roughly $124 million of assets stolen in the October Binance breach had been converted into Bitcoin, including funds originally held as XRP and SOL. Onchain tracing can reveal movement, but it cannot by itself identify every person controlling those wallets or prove that all…