On-chain data reveals that a prominent Ethereum whale recently executed a significant liquidation, offloading 1,550.4 ETH at an average price of $2,438.50. This transaction, valued at approximately $3.78 million, followed
Donald Trump’s increasing endorsement of Bitcoin has sparked a heated debate, with economist Peter Schiff warning that this shift could undermine the U.S. dollar’s global dominance. While Trump highlights Bitcoin’s
Meta Platforms is rapidly building its artificial intelligence (AI) muscle by continuing to hire top researchers from rival OpenAI. According to the recent update , the company has brought on four more AI scientists : Shengjia Zhao, Jiahui Yu, Shuchao Bi, and Hongyu Ren. These researchers have reportedly accepted offers to join Meta’s AI division, although their specific roles have not been publicly disclosed. This wave of new hires comes just on the heels of the poaching of three additional, prominent researchers from OpenAI’s office in Zurich. A few days ago, The Wall Street Journal reported that Lucas Beyer, Alexander Kolesnikov and Xiaohua Zhai were leaving OpenAI to work for Meta. All three have strong expertise in computer vision and deep learning. Media outlets contacted Meta and OpenAI for comment on the matter, but they both declined to comment. Zuckerberg accelerates AI superintelligence plans The hires represent a major push by Zuckerberg to put his company on the map in the race to develop AI systems that reason, learn and make decisions at or beyond the level of human ability. The quest for artificial general intelligence (AGI) is one of Meta’s most critical long-term missions, according to Zuckerberg, who has called for a concerted, open-source effort to build this technology. Meta’s approach is in marked contrast to that of OpenAI, which has taken a more closed model. OpenAI has partnered with Microsoft and closely controls how its models, including GPT-4, are used. Still, Meta has been releasing more of its research and models to the open-source community. This has drawn researchers interested in transparency and scientific freedom, a potential reason top talent is moving. The new hires are being brought in to work on Meta’s next-gen AI models, namely its Llama series and more general AGI projects, which belong to Meta’s AI research group, FAIR (Facebook AI Research). The group is developing a powerful multimodal system to understand and generate text, images, audio, and video at human-level quality. Top researchers leave OpenAI for Meta The OpenAI departures have questioned how things are working internally at the company. OpenAI remains one of the most important AI labs in the world, having released the revolutionary ChatGPT and DALL-E models . Still, several of its key staff members have defected to competitors in recent months. Meta’s poaching raid seems to be the most deliberate yet. Industry experts say the race for top AI talent has entered a fierce new phase. With AGI seen as the ultimate prize in tech, companies are pulling out all the stops to attract the brightest minds. They’re offering huge salaries, top-tier equipment, full support teams, and unlimited access to data and testing tools—plus the freedom to explore bold, unconventional ideas in the pursuit of building the intelligent machines of tomorrow. With its huge resources and fresh strategic impetus, Meta is suddenly a compelling place to go. Meanwhile, OpenAI has been scrutinized for its structure, especially since a dramatic late 2023 board shake-up that saw CEO Sam Altman briefly ousted and later reinstated . Some insiders say the turmoil may have affected morale and retention, even as the organization persists in rolling out technical achievements. As Meta steadily lures in more researchers from competing labs, the borders in the AI arms race are being redrawn. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
New president’s pledge to allow won-based stablecoins has led to huge gains in related shares this month
Moves highlight growing trend for businesses to turn themselves into proxies for the cryptocurrency
Jupiter is now on the verge of breaking out of another bullish pattern.
Trump's stance influenced Bitcoin's market activity positively. The EU and U.S. Continue Reading: Trump Powers BTC as European Tensions Quietly Surmount The post Trump Powers BTC as European Tensions Quietly Surmount appeared first on COINTURK NEWS .
REX Shares is on the verge of launching the first-ever Solana staking ETF, signaling a major milestone in crypto investment products. The innovative ETF structure has gained tentative approval from
ETF analyst Eric Balchunas says REX Shares’ latest Solana staking ETF filing with the SEC suggests the product is ready launch any day now.
New York, NY – June 6, 2025 — In a move poised to disrupt the traditional savings model in both crypto and fiat finance, UEX US , a registered Money Services Business (MSB) and digital asset exchange, has officially launched its Savings Accounts , offering users up to 5% APY on fiat and 3.5% APY on crypto assets —with no fixed lock-up period . Built for both sophisticated investors and crypto-native users, UEX’s latest product aims to reshape how digital assets are stored, grown, and accessed in a regulated U.S. environment. “We are not just adding another feature—we are introducing a new way to think about digital asset utility,” said a spokesperson for UEX US. “This is savings reimagined: flexible, secure, yield-generating, and accessible—without the risks of obscure DeFi contracts or the friction of legacy finance.” Rebuilding Trust in Yield UEX Savings Accounts allow users to earn daily, automated interest payouts without locking their assets. This marks a pivotal departure from rigid DeFi protocols and centralized products that demand strict holding periods or impose opaque risk profiles. Instead, UEX deploys user assets through a proprietary liquidity framework , generating yield via: Institutional-grade loan backing Real-time hedging strategies Internal order book optimization All activities are fully collateralized, risk-managed, and executed transparently within UEX’s platform infrastructure. Withdrawals remain available at any time , though brief processing windows—up to 24 hours—may apply during peak liquidity management cycles. UEX describes this as “soft custody with real-world structure” , providing full dashboard visibility while maintaining operational flexibility to protect all users. Access with Alignment: Eligibility Requirements To ensure the program’s long-term sustainability and alignment with serious participants, Savings Accounts are available to: Users with a total portfolio value over $100,000 , or Holders of at least 20,000,000 $C4 , the native token powering UEX’s ecosystem. This structure both rewards committed participants and limits exposure to risk cycles commonly seen in unrestricted yield programs. Regulated, Resilient, and Secure UEX operates under an active MSB registration in the United States and maintains strict compliance protocols including: Multi-level KYC/AML onboarding Real-time fraud detection Segregated custody flows and transaction screening Continuous risk auditing across fiat and crypto infrastructure “Everything we build at UEX begins with compliance, security, and control,” said the Head of Platform Security. “If we can’t explain how it works to a regulator or withstand a real stress test, it doesn’t go live.” What’s Next for UEX US With the Savings Accounts now fully deployed, UEX US is shifting its strategic focus toward scaling trading capabilities and infrastructure to support both institutional clients and algorithmic traders. The next phase includes: Advanced Trading Tools and Order Book Cross-market liquidity bridges Customizable dashboards for power users Military-grade withdrawal protection and wallet-level firewalling “You’ll see us double down on scale, speed, and security,” said [insert executive name], Chief Technology Officer at UEX. “Our long-term vision is to deliver the most complete and resilient trading ecosystem in the U.S. that matches or exceeds the reliability of legacy platforms.” The company is also preparing for expanded institutional onboarding and deeper fiat integration, positioning itself as a U.S.-compliant alternative to global giants with offshored operations and legal uncertainties. About UEX US UEX US is a next-generation digital asset exchange and financial platform that combines intuitive design, institutional-grade infrastructure, and high-yield financial products for the crypto era. As an MSB-registered entity, UEX offers compliant access to digital savings, lending, trading, and payment services—bridging the gap between traditional finance and the decentralized future. Media Contact Press Office – UEX US Anna Knox press@uex.us https://uex.us Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. The post UEX Crypto Exchange Launches High-Yield Crypto and Fiat Savings Accounts appeared first on Times Tabloid .