A Spotlight on Ethereum, Abridge, APhone, and INLEO
The Daily Leo #512
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Spotlight on Ethereum, Abridge, APhone, and INLEO
As the crypto and tech space continues to evolve, there is a triple effect on the economies of the world and the ways we interact. This is paving way for more innovations and this pitches these innovative companies and communities for more adoption and patronage. On the Spotlight of today's compilations bothering crypto and tech innovation are Ethereum, Abridge, APhone, and INLEO. The featured content is worth your reading time.
SEC Stopped investigation for Ethereum
The US Security Exchange Commission (SEC) has dropped the investigation for Ethereum, giving the green signal to ETH ETF. SEC was claiming that ETH is security, but after the drop of the investigation, it is no longer a concern. Though expected ETF trading for Ethereum could happen soon, the SEC says it will not bring charges alleging that sales of ETH are securities transactions, and positive momentum is expected for ETH coins. This will be a major win for Ethereum developers, technology providers, and industry participants
The Economic Cost of Government Borrowing
In developing economies, governments borrow because of many seemingly legitimate reasons. However, at the end of the day, corrupt elements in authority tend to abuse a national loan. Reviewing reasons why governments borrow, such as funding large projects and addressing disasters, and analyzing the negative impact of government borrowing on economic growth and private sector activity is necessary. It will help to analyze the effects of national debts on the economy and whether government borrowing is justified. With the failing economies of developing nations and increasing debt burden, we can say that in many cases, the economic cost of government borrowing is not analyzed.
Abridge becoming the most popular AI Company in Healthcare!
Abridge is becoming the most popular AI company in healthcare, offering medical transcription technology. Based in Pittsburgh, Abridge is committed to reducing the burden of patient information on physicians, improving efficiency in healthcare systems, and offering innovative technology in the medical field. Created in 2019, Abridge raised $150 million in February in a Series C round. The AI company allows background recording during patient consultations, uses AI to transcribe medical information, and receives investments from Lightspeed Ventures.
APhone launches AppNest - A Flagship Web3-centric App Store
APhone has launched AppNest, a new flagship app store to push the boundaries of innovation and all that is possible in the Web3 dApps space. The app store will combine traditional applications with blockchain-based solutions. Crypto apps such as those from Binance, OKX, Phantom, MetaMask, Bitget Wallet, Uniswap, and more will be listed on its AppNest, which also features popular Web2 apps like Whatsapp, Instagram and ChatGPT. Based on what it represents, APhone's AppNest seeks to sit at the forefront of the mobile Web3 revolution.
INLEO launches Hive Community Battles & Wars: Will $LEO Explode?
INLEO has launched the first Community War and Battles on its web3 social media platform to reward participating and engaging communities. The project will incentivize friendly competition between partner communities, and increase activity, rewards, and engagement across Threads and Posts on INLEO. Weekly battles start each Monday morning and end each Saturday night, monthly wars start on the 1st of the month and end on the last day of the month. communities can participate by signing up. Prizes include doubling the community's current $LEO delegation, nominating MVP, and more. It looks like Will $LEO Explode with this deepening use-case for INLEO.
InLEO 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.