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Showing posts from October, 2023

Cathie Wood’s ARK dumps 800K Grayscale Bitcoin Trust shares

The Grayscale Bitcoin Trust, one of ARKW’s top three holdings, could lose its third-place ranking as ARK sheds its shares while increasing its holdings of Jack Dorsey’s Block. from Cointelegraph.com News https://ift.tt/paXLvh4

Crypto asset manager Valkyrie amends spot Bitcoin ETF filing

With the latest spot BTC ETF amendments by Valkyrie and VanEck joining at least six others to make similar changes, five other spot Bitcoin ETF filings are yet to be amended. from Cointelegraph.com News https://ift.tt/DpYOZnz

G7 countries to launch AI code of conduct: Report

The Group of Seven (G7) countries will agree on a voluntary AI code of conduct for companies developing AI to reference for mitigating risks and benefits of the technology. from Cointelegraph.com News https://ift.tt/aIvweJ9

Saudi’s NEOM partners with Animoca Brands for regional Web3 development

Saudi Arabia’s forthcoming regional development project, NEOM, has partnered with Animoca Brands to push Web3 in the region and a potential $50 million investment deal. from Cointelegraph.com News https://ift.tt/Sr49vwa

Bitcoin price and energy use for mining highly correlated: UN Report

The UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global Bitcoin mining network consumed 173.42 Terawatt hours of electricity. from Cointelegraph.com News https://ift.tt/LlmWoJR

VanEck amends application for spot Bitcoin ETF

VanEck joins the group of asset managers updating applications for a spot Bitcoin ETF in the United States. from Cointelegraph.com News https://ift.tt/m2TjOFq

Brazil’s USDT adoption soars in 2023, makes up 80% of all crypto transactions

USDT has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in the country so far in 2023. from Cointelegraph.com News https://ift.tt/8F4tHA9

What are open-source protocols, and how do they work?

Open-source protocols have numerous advantages over proprietary protocols. They include greater transparency and accessibility. from Cointelegraph.com News https://ift.tt/tSckGip

Sam Bankman-Fried's perspective on FTX fall

Sam Bankman-Fried testified in court this week, denying any wrongdoing between FTX and Alameda Research despite admitting “big mistakes." from Cointelegraph.com News https://ift.tt/7ph8uWG

Community-powered crypto trading: CryptoRobotics joins Cointelegraph Accelerator

CryptoRobotics, a one-stop-shop trading platform, offers trading bots, autostrategies and signals while fostering a community-driven mission to outperform the market. from Cointelegraph.com News https://ift.tt/hxYcoPn

Crypto Biz: BlockFi emerges from bankruptcy, Worldcoin halts USDC payments and more

This week’s Crypto Biz looks at BlockFi’s emergence from bankruptcy, BlackRock’s spot Bitcoin ETF developments, Worldcoin’s operator payment scheme upgrades and more. from Cointelegraph.com News https://ift.tt/6gtdijs

Impersonation scams in crypto, explained

To avoid impersonation scams in crypto, verify online profiles, be cautious of overly enticing offers, and employ multi-signature wallets for added security. from Cointelegraph.com News https://ift.tt/Ew5WjhZ

Crypto wallet Trezor looks into phishing campaign, exec says

Trezor’s brand ambassador Josef Tetek emphasized that the hardware wallet firm never asks for users’ recovery seed, PIN or passphrase. from Cointelegraph.com News https://ift.tt/H05AXNk

Turkey plans to craft crypto framework in 2024

Crypto asset providers, such as crypto exchanges, will also be given a legal definition. from Cointelegraph.com News https://ift.tt/rjSqRtL

ChatGPT creator OpenAI builds new team to check AI risks

ChatGPT creator OpenAI is taking seriously the full spectrum of safety risks related to AI and launching its “Preparedness” team as planned. from Cointelegraph.com News https://ift.tt/WU8Yaht

Fantasy football game on Telegram: Fanton joins Cointelegraph Accelerator

Fanton brings blockchain-based fantasy football to Telegram thanks to the IM service’s recent integration with the TON blockchain. from Cointelegraph.com News https://ift.tt/TV7omlY

Sam Bankman-Fried’s testimony to challenge government claims, lawyer tells judge

The testimony will challenge the government‘s claims, especially the counsel’s role in auto-deletion, North Dimension creation, Payment Agent Agreement, Alameda loans, and FTX Terms of Service. from Cointelegraph.com News https://ift.tt/oz8Im7n

Circle launches 'points-to-crypto' program with Taiwan convenience store chain

The United States-based stablecoin issuer Circle reports a partnership with Taiwan’s second-largest convenience store chain, FamilyMart and a local crypto exchange, BitoGroup. from Cointelegraph.com News https://ift.tt/goAy18h

Meta faces legal scrutiny as AI advancements raise concerns over child safety

Concerns for child safety come amid rapid artificial intelligence advancements involving text and generative AI. from Cointelegraph.com News https://ift.tt/d9LOGbS

JPM Coin handles over $1B in daily transactions — JPMorgan exec

The volume represents a massive surge since the latest update in June, with the company saying that $300 million was transacted in the three years since JPM Coin’s launch. from Cointelegraph.com News https://ift.tt/yJuhL9k

Crypto speculations simmer after cryptic posts on X

The crypto community on X is on edge over cryptic posts by Ripple’s chief technology officer and X itself. from Cointelegraph.com News https://ift.tt/KZlDohB

UK’s FinProm a welcome change, but challenge persists: Transak compliance head

Transak’s compliance chief James Young told Cointelegraph that while the U.K.’s new crypto marketing rules are good for the industry, they still pose challenges to some firms operating in the decentralized space. from Cointelegraph.com News https://ift.tt/wDLMEZg

Telegram trading bot Maestro refunds users 610 ETH after router exploit

Maestrobots, a group of crypto bots on Telegram, has refunded users 610 ETH in the aftermath of a 280 ETH smart contract exploit on Oct. 24. from Cointelegraph.com News https://ift.tt/P34wGOQ

Bank of Spain embraces ‘digital euro,’ explains its benefits

The digital euro will make electronic payments a vital piece of the financial system, the statement claims. from Cointelegraph.com News https://ift.tt/T8RPKp4

Privacy firm Nym launches $300M fund, eyes Web3 wallets, RPCs & infrastructure services

The blockchain security firm will look to support open-source projects building security and privacy tools and services for Web3. from Cointelegraph.com News https://ift.tt/7aKhBUf

Cathie Wood’s ARK sells Grayscale Bitcoin Trust shares as BTC hits $34K

The Grayscale Bitcoin Trust is the largest asset held by the ARK Next Generation Internet ETF, accounting for more than 10% of its portfolio. from Cointelegraph.com News https://ift.tt/p8JALC0

Largest DeFi protocol on Solana reportedly quits UK market, citing FCA rule

Marinade Finance holds over $265 million in total value locked, accounting for 70% of all funds locked on the Solana blockchain. from Cointelegraph.com News https://ift.tt/iZC9ktd

Bitcoin price surge sees significant asset outflow on crypto exchanges

The outflow of assets from crypto exchanges is considered a bullish sign, as it indicates traders are moving their assets away from exchanges and no longer want to sell. from Cointelegraph.com News https://ift.tt/VSeO2xm

The evolution of decentralized exchanges: A comparative analysis

The cryptocurrency world is undergoing a transformative phase as DEXes consider pivoting from AMM models to the more traditional order book structures. from Cointelegraph.com News https://ift.tt/x6y5Xlb

Reddit removes moderators involved in alleged insider trading of Moon tokens

On Oct. 18 Reddit closed its blockchain based points program that involved the use of certain crypto tokens native to subreddits. from Cointelegraph.com News https://ift.tt/nzH5VGd

MetaMask security partner Blockaid secures $33M funding

In conjunction with the $33 million raise, Blockaid said it’s coming out of stealth with customers like MetaMask and OpenSea. from Cointelegraph.com News https://ift.tt/n8iwkfv

Thailand delays digital money handout, critics call for probe

Thailand’s government has delayed the launch of a planned digital money program aimed at stimulating its economy, while opposition leaders call for a probe of the scheme. from Cointelegraph.com News https://ift.tt/MmuicA5

Pro-Bitcoin Javier Milei trails as Argentina’s presidential election goes to run-off

Anti-establishment Javier Milei was the touted favorite in Argentina’s presidential election but is trailing in second place with 90% of the vote counted. from Cointelegraph.com News https://ift.tt/v8cJNU9

Thai crypto investors turn to tarot cards, divine signals to predict market

A Thai fortune teller once purpotedly predicted when the crypto market would recover last year, claiming they were told by the god of the dead. from Cointelegraph.com News https://ift.tt/8o6Y0ZJ

Sam Bankman-Fried trial moves to final stages

The trial of Sam Bankman-Fried is reaching a conclusion, with the prosecution set to rest its case on Oct. 26. from Cointelegraph.com News https://ift.tt/40bLwF9

Crypto advocates file amicus brief to address users' Fourth Amendment privacy rights

The amicus brief was filed to support an appeal against the Internal Revenue Service in relation to a 2017 court order where Coinbase was forced to hand over data from more than 14,300 of its users to the IRS. from Cointelegraph.com News https://ift.tt/FjAsYI1

NY sues crypto firms, FTX’s Nishad faces 75 years in jail, and Grayscale’s new BTC filing: Hodler’s Digest, Oct. 15-21

Nishad Singh testifies in Sam Bankman-Fried’s trial; New York sues Gemini, Genesis and Digital Currency Group; and Grayscale files for new spot Bitcoin ETF. from Cointelegraph.com News https://ift.tt/h8cvs0D

Bitcoin core developer steps back from Lightning Network over "hard dilemma"

Antoine Riard believes the Bitcoin community faces a "hard dilemma" as a new class of replacement cycling attacks threatens the Lightning Network. from Cointelegraph.com News https://ift.tt/jpB8mlz

Uniswap founder burns $650B HayCoin against speculation

Uniswap's Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20 over concerns about price speculation. from Cointelegraph.com News https://ift.tt/BCvEe30

Why is XRP price up today?

XRP price pumped after the SEC requested a federal judge to withdraw its charges against top Ripple executives. from Cointelegraph.com News https://ift.tt/BPku7z4

European Banking Authority, ESMA issue crypto entity suitability guidelines

The joint guidelines include granting authorization for ART and CASP issuance and conducting prudential assessments for potential acquisitions. from Cointelegraph.com News https://ift.tt/02QsoDd

Finland works on instant payments system, embraces digital euro

The Bank of Finland actively promotes the development of new forms of payment. from Cointelegraph.com News https://ift.tt/bDG9mM7

Elon Musk, Mark Cuban team up to contest SEC trial strategies

The context of this legal challenge centers around the SEC v. Jarkesy case, in which George Jarkesy contends that his Seventh Amendment rights were violated. from Cointelegraph.com News https://ift.tt/win3EUV

Central banks want to look under crypto’s hood — Is this a positive sign?

The mere fact that the Deutsche Bundesbank, BIS and other financial incumbents want such information now suggests a tacit acceptance of crypto. from Cointelegraph.com News https://ift.tt/OVfgKol

UK tops crypto activity in Central, Northern and Western Europe: Chainalysis

Crypto adoption in the United Kingdom has been growing as the country adopts more regulations targeting crypto and stablecoins, the study shows. from Cointelegraph.com News https://ift.tt/BqfgQr4

Bitcoin metrics ‘improve bullish odds’ as BTC price holds 200-week trendline

BTC price gains are not guaranteed as a result, but promising on-chain signals show “good things are happening” for Bitcoin bulls, analysis says. from Cointelegraph.com News https://ift.tt/H0kNoj4

DeSci-focused DAO community funds cancer research

VitaDAO community agreed to fund early-stage cancer research through the launch of a biotech company named Matrix Biosciences. from Cointelegraph.com News https://ift.tt/cu6mlCR

Canada central bank assesses innovations and challenges of DeFi

The staff note suggested that, although the DeFi ecosystem brings a ton of innovations in the financial sector, the regulatory challenges and vulnerability limit its potential use in traditional finance. from Cointelegraph.com News https://ift.tt/X51Pjvm

Crypto yield platform Haru Invest to suspend server

After halting withdrawals in June 2023, Haru Invest is yet to come up with a timeline to repay its customers. from Cointelegraph.com News https://ift.tt/DsI2tgU

Scammers prefer banking customers over crypto investors in Ireland: Report

To date, Irish authorities managed to recover approximately 4 million euros of the 20 million euros lost in banking scams since January 2023. from Cointelegraph.com News https://ift.tt/rTB9gMi

Bitcoin signals potential range expansion— Will SOL, LDO, ICP and VET follow?

Bitcoin is holding above $26,500 and the price stability could lead traders to take a second look at SOL, LDO, ICP and VET. from Cointelegraph.com News https://ift.tt/qsNeV40