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Showing posts from December, 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

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

OKX NFT Marketplace tops Blur and OpenSea in daily trading volume

OKX NFT Marketplace recorded a 24-hour trading volume of $50 million on Dec. 18, surpassing its competitors in the NFT space. from Cointelegraph.com News https://ift.tt/8lG2eXa

Hut 8 agrees to develop mining site to build equity with Celsius creditors

Hut 8’s new mining site in Cedarvale, Texas, will house almost 66,000 miners and will be powered by more than 215 MW of energy. from Cointelegraph.com News https://cointelegraph.com/news/hut8-texas-mining-equity-celsius-creditors

Spot Bitcoin ETF will be ‘bloodbath’ for crypto exchanges, analyst says

Spot Bitcoin ETFs could trigger unwanted consequences for crypto exchanges like Coinbase due to lower transaction fees, according to ETF analysts. from Cointelegraph.com News https://ift.tt/6kvnRaB

Improbable sells gaming venture for $97M, shares 2024 metaverse predictions

The Web3 metaverse developer Improbable sold its gaming venture, The Multiplayer Group, as a part of its venture strategy for 2024. from Cointelegraph.com News https://ift.tt/tpZcd46

Aurory’s USDC pool drained on Arbitrum’s DEX Camelot

According to initial reports and on-chain data, the attack targeted Aurory's SyncSpace bridge, draining nearly 80% of the AURY-USDC pool's liquidity. from Cointelegraph.com News https://ift.tt/EOwd4G9

NFT Trader’s stolen Apes returned after bounty payment

The hacker returned 36 BAYC and 18 MAYC after receiving a 120 Ether bounty payment from Yuga Labs co-founder Greg Solano. from Cointelegraph.com News https://ift.tt/5Zh0t1n

Bitcoin's 8-week win streak is in danger, but ATOM, FIL, EGLD, and ALGO don't care

Bitcoin is set to break its eight-week winning streak, but that has not affected the prospects of ATOM, FIL, EGLD, and ALGO, which look strong on the charts. from Cointelegraph.com News https://ift.tt/YrUMRq3

Bitcoin fees hit 20-month high as miner revenues match $69K BTC price

Bitcoin miners are the main beneficiaries of current sky-high transaction fees, data shows, but many longtime market participants have little time for complaints. from Cointelegraph.com News https://ift.tt/eTrRQqz

Vesting in crypto, explained

Vesting in crypto refers to the scheduled release of tokens or assets over a predetermined period, often used to incentivize holders. from Cointelegraph.com News https://ift.tt/H7rbU85

SEC faces accusations of contradiction in Coinbase rulemaking dispute

XRP holder’s lawyer, John Deaton, stated that the SEC’s stance in the Coinbase rulemaking dispute directly opposes the SEC Chairman’s statements during his congressional testimony earlier this year. from Cointelegraph.com News https://ift.tt/VTycoqE

U.S. corporate interest in crypto strong despite implementation hurdles

99% of the respondents to a Paxos survey said that their company had put an equal or greater focus on crypto and blockchain projects in 2023 than in previous years. from Cointelegraph.com News https://ift.tt/J9Wrsez

Binance, crypto firms optimistic about UAE amid potential US regulatory shift

Ghaf Capital managing partner Feras Al Sadek argued that the UAE’s “regulation by education” sets it apart from other jurisdictions. from Cointelegraph.com News https://ift.tt/prqngAF

Philippines SEC begins Binance ban countdown

The head of the Philippines SEC clarified that Binance and any other unregistered exchange issued with an advisory has three months before they are banned from the country. from Cointelegraph.com News https://ift.tt/zEgTx4R

Bitcoin ‘sodlers’ dump $4B in two days as BTC sales hit 18-month high

BTC price weakness clearly makes speculators nervous as single-day selling pressure hits its highest since after the Terra collapse. from Cointelegraph.com News https://ift.tt/56C1IWD

Sam Bankman-Fried’s lawyer says FTX fraud trial was “almost impossible” to win: Report

The head of Sam Bankman-Fried’s legal defense admitted the odds of winning the FTX fraud trial were stacked against the former CEO. from Cointelegraph.com News https://ift.tt/DaZQn3P

Dubai awards conditional crypto license to climate-friendly Web3 firm

AYA is a climate-focused launchpad that supports innovations around sustainability, such as reforestation, nature credits, mangrove conservation and sustainable agriculture. from Cointelegraph.com News https://ift.tt/8GkRfQM

One-hour Bitcoin block times: What do they mean and are they frequent?

Extended Bitcoin block times have been in the headlines recently, but are they really that big of a deal — or even very common? from Cointelegraph.com News https://ift.tt/ib2o9t3

Crypto fund worth $500M eyes Animoca Brands and Chainalysis: Report

The C1 Secondaries Fund, which invests in companies in the digital assets space, is reportedly seeking to invest in crypto firms at discounts of up to nearly 80%. from Cointelegraph.com News https://ift.tt/ecigYxG

Bitcoin inscriptions added to US National Vulnerability Database

The United States National Vulnerability Database (NVD) flagged Bitcoin’s inscriptions as a cybersecurity risk on Dec. 9. from Cointelegraph.com News https://ift.tt/qRDysC3

Block size and scalability, explained

Block size and scalability trade-off involves optimizing transaction capacity while ensuring network performance amid increasing demand. from Cointelegraph.com News https://ift.tt/kpU8bo9

AI deepfake nude services skyrocket in popularity: Research

Social media analytics company Graphika noted a stark increase in offerings of synthetic NCII services. from Cointelegraph.com News https://ift.tt/CMi2F3e

KyberSwap exploiter linked to $50M HXA token movement

Blockchain security firm Cyvers said the KyberSwap exploiter’s acquired funds were spread across various externally owned accounts (EOAs), now recognized as the top HXA token holders. from Cointelegraph.com News https://ift.tt/vt69g8K

Lifinity USDC pool drained by arbitrage bot

A bug on an Immediate-or-Cancel order led to the drainage of nearly $700,000 from Lifnity's LFNTY-USDC pool. from Cointelegraph.com News https://ift.tt/G9TNj28

Why is Cardano price up today?

Cardano price continues its rebound move in December, with ADA price up 75% already as altcoins catch up to Bitcoin's rally. from Cointelegraph.com News https://ift.tt/ckV0Fn7

Bitcoin dominance threatens ‘likely top’ despite BTC price eyeing $45K

Bitcoin analysis suggests that all may not be well for BTC price strength as altcoins make their move. from Cointelegraph.com News https://ift.tt/FqzsD6A

How blockchain transforms Christmas giving

Unwrap the magic of how blockchain reshapes the landscape of Christmas giving, bringing innovation and efficiency to the age-old tradition. from Cointelegraph.com News https://ift.tt/vbILOZW

Can cryptocurrencies be frozen on a blockchain?

Cryptocurrencies can be frozen on a blockchain under certain legal, regulatory and technical conditions. from Cointelegraph.com News https://ift.tt/HmuU81E

Polygon 2.0: 2024 to see unified ZK-powered L2 chains

Polygon’s evolution will continue into 2024 as various protocols that make up its ecosystem become increasingly interconnected through the use of zero-knowledge proofs. from Cointelegraph.com News https://ift.tt/1rWVPGK

AI regulations in global focus as EU approaches regulation deal

Concerns over the potential misuse of AI have prompted the U.S., U.K., China and the G7 to speed up regulation of the technology, but Europe is already ahead. from Cointelegraph.com News https://ift.tt/6swOan1

IBM announces global Call for Code artificial intelligence hackathon winners

The global hackathon, now in its sixth year, gives participants access to advanced AI, cloud computing and blockchain technology. from Cointelegraph.com News https://ift.tt/IH5Cw9R

IBM, Meta and others form ‘AI Alliance’ to advance AI development

In a joint statement, IBM and Meta outlined the AI Alliance’s objectives, emphasizing a commitment to safety, collaboration, diversity, economic opportunity and universal benefits. from Cointelegraph.com News https://ift.tt/QCpo4gu

Singapore releases national AI strategy 2.0, plans for 15,000 AI experts

Singapore released an updated version of its national AI strategy that includes plans for boosting government competency, building a smart nation and increasing compute capacity. from Cointelegraph.com News https://ift.tt/0fHR417

Societe Generale issues its first green bond on Ethereum

The unsecured bond has a value of 10 million euros and a maturity of three years, with all the proceeds going for eligible green activities investments. from Cointelegraph.com News https://ift.tt/IBKq0eT

Taiwan will review global trends before deciding on crypto ETFs

The Financial Supervisory Commission considers itself to be “in the exploratory phase” for crypto exchange-traded funds. from Cointelegraph.com News https://ift.tt/XyQC75c

How generative AI allows one architect to reimagine ancient cities

Cointelegraph spoke with architect and designer Tina Marinaki about her work using generative AI and text-to-image prompts to reimagine the ancient Athenian cityscape. from Cointelegraph.com News https://ift.tt/LkSVcid

Brazil’s largest bank Itau Unibanco launches Bitcoin trading — Report

Brazilian bank Itau Unibanco has reportedly launched a cryptocurrency trading service for its clients as part of its investment platform. from Cointelegraph.com News https://ift.tt/a9Y5izh

Trezor launches education initiative in Africa, funds Bitcoineta trip

Trezor has officially launched its educational program in Africa in addition to funding the local Bitcoin awareness campaign, Bitcoineta, and the Africa Bitcoin Conference. from Cointelegraph.com News https://ift.tt/mMElfyJ

Platypus hacker walks free with $8.5M after claiming to be 'ethical hacker'

While hackers Mohammed M. and his brother were cleared of all criminal charges, 7.8 million euros worth of crypto tokens became inaccessible after getting stuck in a wallet. from Cointelegraph.com News https://ift.tt/xwZFTQ1

How blockchain improves daily healthcare routine, explained

Blockchain enhances daily healthcare by securing patient data, streamlining coordination and minimizing errors for efficient care delivery. from Cointelegraph.com News https://ift.tt/EikHuXG

BTC price nears $40K as as Bitcoin trader eyes return to all-time high

Bitcoin beats out sellers to liquidate $60 million of shorts in two days, with BTC price acting just several hundred dollars from $40,000. from Cointelegraph.com News https://ift.tt/ua1EnPT

3 reasons why Chainlink price can rally another 20% by New Year's

LINK's price is nearing an ascending triangle breakout scenario in December with bullish on-chain indicators strengthening the upside case. from Cointelegraph.com News https://ift.tt/Quc73jS

FTX and Alameda transfers another $22M worth of crypto asset

Following their most recent move, FTX and Alameda Research have transferred another significant amount of digital assets, amounting to an impressive $22 million. from Cointelegraph.com News https://ift.tt/LGaforu

Madeira seeks to boost economy with startups, innovative payment system

The Madeira Blockchain 2023 conference showcased the region's efforts to become an emerging technology hub in the Atlantic. from Cointelegraph.com News https://ift.tt/mwM4s5f

What is market manipulation in cryptocurrency?

Market manipulation in cryptocurrency involves artificially influencing prices or trading volume to deceive investors. from Cointelegraph.com News https://ift.tt/WlAbM3T

UK Legislators urge caution in retail digital pound rollout

The committee’s report recommends imposing lower initial limits on the value of retail digital pounds to alleviate the risk of potential bank runs amid market instability. from Cointelegraph.com News https://ift.tt/nKUORYJ

KyberSwap announces treasury grants for hack victims

The grant is designed to ease the financial burden on affected individuals and will equal the USD equivalent of the assets lost in the security breach. from Cointelegraph.com News https://ift.tt/X4COUi7

Bitcoin ETFs, user experience will drive adoption — eToro CEO

Yoni Assia told Cointelegraph that products like Bitcoin ETFs align with institutions’ existing modes of operation, making it easier for them to enter the market. from Cointelegraph.com News https://ift.tt/SesaltB

Hut8 Mining operates as U.S.-domiciled entity following USBTC merger

Amid the delisting and relisting process, Hut8 shareholders received 1 New Hut common stock for every Hut 8 share held, an official announcement confirmed. from Cointelegraph.com News https://ift.tt/NT7pqeJ

Starknet token distribution not yet finalized, despite speculation over portal screenshots

The Starknet Foundation is warning community members to be on the lookout for scams relating to circulating screenshots of early iterations of a token distribution portal. from Cointelegraph.com News https://ift.tt/03opXKM