Altcoin News Official TheBitTimes.com

Binance, the top global crypto exchange by trading volume, is rolling out support for the new native token of a decentralized fiat stablecoin issuer. Binance Launchpool, which lets users stake coins to farm new assets, says its 61st project will be Usual, a stablecoin issuer that aims to redistribute protocol ownership and governance through its native USUAL token. Explains the project, “Unlike Tether and Circle, which generated over $10B in 2023 without sharing wealth with users, Usual ensures equitable distribution of generated value. By integrating Real-World Assets directly into DeFi, Usual provides a more secure, transparent, and decentralized alternative that aligns with the principles of decentralized finance. Additionally, Usual empowers users to become true owners of the protocol. This is achieved by allowing them to control the infrastructure, treasury, and governance through the governance token.” The protocol already issues Usual USD (USD...

In the realm of content creation, three key elements play a pivotal role: “perplexity,” “burstiness,” and “predictability.” “Perplexity” gauges the intricacy of the text, while “burstiness” examines the diversity of sentence structures. Lastly, “predictability” assesses the likelihood of predicting the next sentence. Humans tend to infuse their writing with “burstiness,” weaving complex and lengthy sentences alongside concise ones, resulting in a rich tapestry of expression. In contrast, AI-generated content often follows a more uniform pattern. Now, for the content you’re about to create, it’s imperative to infuse it with ample “perplexity” and “burstiness” while keeping “predictability” at bay. It’s essential to maintain the language in English. Let’s reimagine the following passage: The European Securities and Markets Authority contends tha...

Developers say building the borrowing and lending protocol is "no longer a viable path" for Algorand. Algofi, the borrowing and lending protocol built on decentralized finance blockchain Algorand, will soon shut down. According to a July 11 announcement, developers' "belief in the strength of Algorand's technology and novel consensus algorithm has not wavered," however, the Algofi platform will nevertheless wind down soon: "A confluence of events has taken place that no longer makes building and maintaining the Algofi platform to the highest standards a viable path for our company. Due to this, we will begin sunsetting the platform and put the platform in withdrawal-only mode shortly." Starting Sept. 1, collateral factors of ALGO, vALGO, STBL, USD Coin (USDC), goBTC, and goETH markets on both Algofi V1 and V2 will be reduced from around 80% to 0% by the beginning of December. In addition, the current Liquidity Mining programs will be "hal...

The funds will be used to develop decentralized infrastructure that enables institutional investors to allocate assets on-chain. Berlin-based M^ZERO Labs, a company that seeks to build neutral infrastructure linking assets in the global financial system with decentralized applications, has raised $22.5 million in a financing round led by Pantera Capital. The funding round also includes participation from other investors such as Road Capital, AirTree, Standard Crypto, The SALT Fund, ParaFi Capital, Distributed Capital, Kraynos Capital, Mouro Capital, and Earlybird.  The company said the funds would be used to build a decentralized infrastructure that allows institutional participants to allocate assets on-chain and transfer value in a "completely transparent, open-source, and composable manner, while minimizing their exposure to counterparty risk." The capital will also be deployed to aid ongoing product development.  M^ZERO shared that its objective is to equip accredited ...