Nvidia new 1 Trillion Valuation and BTC/ETH New Bridge

The Daily LEO #282

May 30

Welcome to this edition of The Daily LEO! We pull the best articles in Finances, Crypto news and Hive/Leo into one condensed information packed space.

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A potential U.S. debt-ceiling suspension may present an upside risk for dollar

Investors who stashed billions of dollars in low-yielding annuities did a surprising thing last year: nothing. As interest rates shot up from near-zero, dramatically improving the returns on new annuities, investors mostly stayed in their existing policies new data shows.

Nvidia Enters $1 Trillion Market Valuation Club

The company's shares rose meteorically after it announced better-than-expected earnings and outlook last week. Artificial intelligence (AI) lead those gains, as Nvidia's CEO touted demand for "generative AI and accelerated computing" as the main drivers for growth.

ANALYSIS: G-7 Leaders Take Strong Stance on China, but Can They Maintain Their Resolve?

The lesson of Russia’s war in Ukraine has forced the Group of Seven (G-7) countries to confront Beijing head-on this year, and the unified statement from the Hiroshima summit represents a big step that, according to some experts, was “unthinkable” two years ago.

Bitcoin Ordinals to bridge Ethereum NFTs with the launch of BRC-721E

Bitcoin Ordinals are the latest layer-2 solution enabling decentralized storage of digital art on the Bitcoin blockchain. Ordinals will now allow users to migrate their Ethereum ERC-721-based nonfungible tokens (NFTs) to the Bitcoin blockchain with the launch of the BRC-721E standard.

Mercedes Benz Web3 Arm To Release NFT Collection With Digital Art Community Fingerprints DAO

Titled “Maschine,” the collection by van den Dorpel is supported by Mercedes-Benz NXT, the car manufacturer’s new Web3 arm that focuses on digital collectibles and virtual experiences.

Solana aims to grow 100x through small business, infrastructure partnerships

Gokal said that Solana is pursuing infrastructure partnerships as well. The project also partnered with Google Cloud in November, allowing users to deploy Solana nodes and allowing Google Cloud to serve as a Solana validator.

He also suggested that Solana was interested in a partnership with Stripe. He noted that Stripe introduced a fiat-to-cryptocurrency onramp in December 2022 and said that the majority of Stripe’s supported apps were based on Solana.

Weekly WenSoon (LeoFinance AMA) Recap - 5/30/23

After a week away the cat is back! I have Khal giving us all the latest UI updates for leofinance and I gave all my opinions on the long form experience cus we all know I'm an old school blogger!

That's where the new...

LeoFinance is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

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