Gate.io, a leading digital asset exchange, ceases its services in Japan, while Gate Group has made an acquisition move for Coin Master Co. In other developments,
Tether is to deploy hashrate on
OCEAN, enhancing Bitcoin's decentralized mining infrastructure.
Io.net, a decentralized GPU network for AI development, suffers a price slump but anticipates a recovery by 2024. Five privacy coins are expected to be delisted from Gate.io, coinciding with the report of five crypto coin collapses that impacted the industry.
Coinbase disclosed its plans of listing
io.net (IO) along with
Degen on its coin listing roadmap. Gate.io supports the adoption and creation of meme coins through a $50M fund. In a strategic move,
Oracle Red Bull Racing enters into a partnership with Gate.io expanding the blockchain's global reach while Tether strategically invests in
StablR aiming to promote stablecoin adoption in Europe. A partnership between
Transak and
Uranium.io enables users to purchases tokenized uranium using cryptocurrency. Furthermore, Gate.io signifies its entry into the Japanese market through the acquisition of Coin Master Co. and aligns itself with
Mira Network for the advancement of AI verification. The growing prominence of AI Meme coins signifies a potential 'new super cycle' narrative.
IO Coin News Analytics from Thu, 06 Jun 2024 06:12:57 GMT to Tue, 29 Apr 2025 11:49:15 GMT -
Rating 5
- Innovation 7
- Information 6
- Rumor -3
