Kevin Durant’s $250,000 Hugging Face Investment Could Be Worth Over $60 Million

NBA superstar Kevin Durant may have scored one of the biggest wins of his investing career after his early bet on artificial intelligence company Hugging Face reportedly surged in value following Nvidia’s agreement to acquire the company for $12.9 billion. Durant and his longtime business partner Rich Kleiman reportedly invested a combined $250,000 in Hugging…

Tether CEO Says Developing Economies Are Increasingly Relying on USDT

Tether CEO Paolo Ardoino says USDT has become an important part of everyday commerce and international trade in several developing economies. In a post on August 23, Ardoino said some developing countries are now relying heavily on the dollar-pegged stablecoin for both domestic and foreign trade, arguing that Tether’s financial-inclusion mission is becoming increasingly important….