Bitcoin Dominance Soars to Two-Year High
Bitcoin’s market dominance has surpassed the 50% mark, reaching its highest level in two years. But what exactly is Bitcoin dominance, and why is it a crucial factor in market analysis?
Fresh Threats for FTX Users
The saga continues for the account holders of the bankrupt FTX cryptocurrency exchange as phishing threats resurface. Emails, claiming to provide a shortcut for fund withdrawals without the legal red tape, are being sent.
HayCoin’s Dramatic Rise: A Single Token Now at $2.5 Million
Back in 2018, when Uniswap’s founder, Hayden Adams, rolled out the HayCoin tokens for a platform trial, little did anyone anticipate their meteoric rise. The recent destruction of 99.99% of these tokens by Adams has pushed their price to an astounding $2.5 million.
U.S. Monetary Policy: A Hold on Interest Rate Hikes Ahead?
With the increasing yield of long-term treasury bonds, Jerome Powell of the US Federal Reserve has suggested a potential pause in boosting the interest rate.
IBM Unveils Groundbreaking AI Chip: NorthPole
The team is already several years into developing the next iteration of the potentially revolutionary NorthPole chip.
GRVT: The First Hyperchain in zkSync’s Ecosystem
GRVT, a hybrid crypto exchange that merges the advantages of centralized and decentralized platforms, is set to become the first “hyperchain” in the zkSync ecosystem.
Tokenizing Real Assets: The Next Big Thing?
The Wall Street trading overseer, DTCC, recently snapped up the blockchain venture, Securrency. This startup is at the forefront of tokenizing tangible assets like real estate. A cool $50 million sealed the deal.
Tether Aims for Greater Transparency
Tether’s new CEO, Paolo Ardoino, has announced plans to launch real-time publication of the company’s reserve information in the near future.
John Deaton: LBRY Court Case Proves the SEC’s Insolvency
Legal expert and cryptocurrency advocate John Deaton has accused the SEC of overstepping and abusing its authority in the case of LBRY, which led to the blockchain company’s bankruptcy.
Deutsche Telekom MMS — the New MultiversX Validator
Telecommunications company Deutsche Telekom MMS has joined the MultiversX blockchain as a validator, responsible for verifying transactions, generating new blocks, and enhancing user security.
EU regulators support a reasonable control of the digital euro
European information protection authorities have issued recommendations for regulating the central bank digital currency (CBDC), the digital euro.
Reddit Moderators Suspected of Insider Trading
Three moderators of the r/CryptoCurrency subreddit sold MOON tokens for $150,000 30 minutes before Reddit officially announced the closure of the blockchain-based Community Points rewards program. Lookonchain believes that insider information was shared with the moderators by Reddit administrators.
LBRY Issues Final Message
The creators of the LBRY blockchain, have released their final message to the crypto community, declaring their inability to continue due to “several million dollars” in debts.
Ethereum Co-Founder Faces Lawsuit
Joseph Lubin is facing a lawsuit from over two dozen former employees of his blockchain firm, ConsenSys.
US Treasury Targets Crypto Mixers as Money Laundering Hubs
The agency highlights that entities like HAMAS and other terrorist groups employ these mixers for illicit activities. This designation acts as a form of sanction, with stringent reporting requirements for any associated financial transactions.
SEC Drops Claims Against Ripple Executives
Exciting news from Ripple as their CEO Brad Garlinghouse and Executive Chairman Chris Larsen have been cleared of all SEC allegations.
Powell in NY: The Show Must…Pause?
While delivering his speech at New York’s Economic Club, Jerome Powell, the chairman of the US Federal Reserve, was interrupted and escorted out due to protesting climate activists. Their slogan of choice? “Off fossil finance Jay.”
Polygon Proposes Formation of Protocol Council
The company has unveiled a new proposal, known as Polygon Improvement Proposal (PIP-29), to establish a 13-person protocol council.
OpenAI develops tool for AI image detection
OpenAI has declared that it is in the process of developing a tool capable of identifying images generated by the artificial intelligence system known as Dall-E, achieving an impressive accuracy rate of around 99%.
Crypto Companies Under Scrutiny by New York Attorney General
New York Attorney General Letitia James has filed a lawsuit against major cryptocurrency firms, including Gemini, Genesis Global Capital, and Digital Currency Group, accusing them of a $1 billion fraud.
FDIC to issue guidance on cryptocurrencies
An internal watchdog within the FDIC has concluded that the regulatory body has not sufficiently equipped market participants with the necessary information regarding their engagement with cryptocurrencies.
The digital euro has embarked on a new phase
Following a comprehensive two-year study, the European Central Bank has initiated the next stage in the development of a potential central bank digital currency (CBDC).
NFTs and stablecoins on the Bitcoin network: second attempt
Lightning Labs released the alpha version of Taproot Assets mainnet (v0.3), allowing developers to add new assets, including stablecoins, to the Bitcoin network.
Zuckerberg will now read our thoughts
Meta, using magnetoencephalography (MEG) and artificial intelligence (AI), decodes and displays real-time visualizations of brain thoughts.
From Mass Adoption to Hamas Adoption
Senator Elizabeth Warren and over 100 U.S. lawmakers have penned a letter to the Biden administration, underlining the concerns about the potential use of cryptocurrencies in terrorist financing.
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Who Is Crypto Kaleo: A Market Analyst with 700,000 Followers
Crypto Kaleo is a renowned crypto trader and one of the most followed influencers in the industry. Active since 2017, he has built a strong presence on X, TradingView, and other platforms, sharing technical analysis, market predictions, and insightful commentary on the crypto space.
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Zora Network Reviewed: A Testnet Guide
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.