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Bitcoin (BTC)
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Bitcoin Drops to $29K Amid Binance Story, China Woes; XRP, SOL Lead Altcoin Slump.
Regulatory uncertainty surrounding Binance, the largest crypto exchange, tends to weigh on crypto prices. origin »
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Crypto Firm Flashbots Raises $60M in Paradigm-Led Round.
The new capital will help develop the SUAVE decentralized platform for maximal extractable value (MEV). origin »
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Ripple Lawsuit: SEC Might Be Hesitant to Go After Similar Cases, Law Veteran Says Why.
Question of what is next remains in hearts of crypto market participants origin »
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U.S. DOJ Needs 6-8 Weeks to Process Evidence Against Alex Mashinsky, Attorneys Tell Judge.
The U.S. Department of Justice (DOJ) asked a federal judge for six to eight weeks to produce evidence for its case against Alex Mashinsky, the founder and former CEO of crypto lender Celsius. origin »
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Avalanche Foundation allocates $50M to new tokenization program.
Avalanche Foundation wants to promote tokenization on Avalanche with the $50 million program. The tokenized assets initiative is dubbed Avalanche Vista. A recent survey report suggested 77% of capital markets participants believe in tokenization of securities. origin »
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Bitcoin drops to $29k: will it dip further to the $25k support level?.
Key takeaways Bitcoin dropped below the $29k level on Monday as the market sheds its recent gains. AltSignal’s stage two presale has now surpassed the $1. 2 million mark. The cryptocurrency market has been underperforming in recent weeks. origin »
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Overheard at EthCC — Is Crypto Back, Boosted by Artificial Intelligence?.
The intersection of AI and crypto has everyone riled up, but there is little agreement on what is its best iteration. origin »
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Bahamian payment company Island Pay turns to crypto amid high transfer costs.
While Latin Americans face high money transfer costs and other challenges of traditional banking, Island Pay has stepped up to solve these issues. Bloomberg reported that the Bahamas payment company became the latest to offer cryptocurrency for remittance transactions. origin »
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Ethereum’s Buterin Expresses Concerns Over Sam Altman’s Worldcoin.
Worldcoin’s identity system, “Proof-of-Personhood,” faces issues with privacy, accessibility, centralization, and security, according to Buterin. origin »
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Crypto Startups Raised $201.4M in Venture Funding Last Week, Led by Infrastructure.
The largest fundraises for the week belonged to metaverse startup Futureverse and RISC Zero, creator of developer tools for zero-knowledge proofs. origin »
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Crypto Exchange KuCoin to 'Adjust Some Personnel as Needed', but Denies Report of Major Layoffs.
A report circulated on Twitter on Tuesday that the exchange plans to eliminate 30% of its workforce amid declining profit. origin »
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Namibia's Crypto Assets Bill Is Now a Law.
Namibia's virtual assets bill was put into law on Friday, according to the Gazette of the Republic of Namibia. origin »
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Stan Lee NFT Collection Honoring Comic Legend Sells Out Instantly.
Stan Lee NFT Collection celebrating the comic legend's 100th birthday sells out instantly, signaling a positive boost for the struggling NFT market. The post Stan Lee NFT Collection Honoring Comic Legend Sells Out Instantly appeared first on NFT News Today. origin »
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Ducati announces NFT debut on XRP Ledger.
Ducati will debut its digital collectibles on the XRP Ledger. The Bologna-based motorcycle company will work with NFT PRO on this project. XRP Ledger is a decentralised public blockchain that uses XRP as its native cryptocurrency. origin »
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Optimism Tokens Worth $36M to Be Unlocked on Sunday; OP Slides 3.5%.
Layer-2 blockchain Optimism is set to unlock $36 million worth of tokens on Sunday, and the anticipated increase in supply spurred a 3.5% slump in the blockchain's native token (OP) on Tuesday. origin »
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20 Trillion SHIB Reach Break-Even Point as Shiba Inu Kicks into Top Market Performers.
Trillions of SHIB tokens hit break-even mark as Shiba Inu price shines green origin »
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Universities Should Offer Students Bitcoin To Improve Engagement And Increase Value.
As universities see engagement dip and students question the value of higher education, incorporating bitcoin rewards could help. origin »
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Cardano (ADA) Retains Bullish Momentum in This Key Metric.
Cardano seeing price slump, but key metrics show promise of impending revival origin »
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Bitfinex Moves Gargantuan Bitcoin (BTC) Chunk, Here's Surprising Destination.
Major exchange Bitfinex has seen hundred million USD in Bitcoin withdrawn from it, here's what research report has to say about this origin »
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AI-busting Worldcoin creates maelstrom of negativity due to sketchy tokenomics.
OpenAI CEO Sam Altman officially launched the Worldcoin (WLD) project to help distinguish humans from artificial intelligence online (read more). Meanwhile, the cryptocurrency community has expressed dissatisfaction over the new token, some calling it a scam. origin »
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Vitalik Buterin Says Worldcoin Project Needs More Work to Manage Risk.
Vitalik Buterin warns that Worldcoin's system is not invulnerable to manipulation by autocratic governments and the rise of AI. The post Vitalik Buterin Says Worldcoin Project Needs More Work to Manage Risk appeared first on BeInCrypto. origin »
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Through It All, the Bitcoin Mining Industry Looks Set for Growth.
Though the Bitcoin halving will reduce rewards for miners, the prospects for the industry remain bright and innovations like Ordinals promise more demand for miner services in the future. origin »
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How Miners Are Preparing for the Next Bitcoin Halving.
Bitcoin’s fourth “halving” next April poses miners with strategic questions around equipment, energy use and diversification. This story is part of CoinDesk's Mining Week 2023. origin »
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How Texas Became a Global Mecca for Bitcoin Mining.
Miners have flocked to the state since China banned mining in 2021, encouraged by cheap energy, grid incentives and an alignment of values. “Bitcoin is all about freedom,” says one miner. “And in my dealings with the utilities and the regulators, Texas is all about freedom.” origin »
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Riot Platforms at the Heart of Texas' Debate Over Bitcoin Mining’s Effect on the Grid.
The world’s biggest bitcoin mine has drawn the ire of some local residents concerned with Bitcoin's community impact. origin »
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Avalanche Foundation Commits $50M to Bring More Tokenized Assets to Blockchain.
The program follows Avalanche’s initiative to financial institutions to test blockchain services on one of its subnets. origin »
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New Indicator Shows Shiba Inu (SHIB) Popular Among New Investors.
Shiba Inu experiences its second wave of popularity origin »
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WSJ: CZ was aware of wash trading at BinanceUS.
The WSJ’s investigation reveals that Binance’s CEO Changpeng Zhao was aware of wash trading at the American branch launch and “directed” it. According to a report from the Wall Street Journal, in the first hour of Binance launching its American platform,… origin »
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Binance and CZ file motion to dismiss CFTC’s lawsuit.
Binance, its CEO Changpeng Zhao (CZ), and the company’s former compliance chief Samuel Lim seek to dismiss the complaint filed by the US CFTC. On March 27, 2023, the Commodity Futures Trading Commission took legal action against Binance for violating… origin »
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Binance and CEO Changpeng Zhao intend to seek dismissal of CFTC complaint.
Binance, Changpeng Zhao and former compliance chief Samuel Lim intend to file two motions to dismiss a March lawsuit from the CFTC. origin »
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OpenAI shutters AI detector due to low accuracy.
OpenAI has quietly pulled the plug on its AI Classifier, which aimed to help teachers, professors and others distinguish between human- and AI-written text origin »
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Russia Moves Ahead With CBDC Plans as Vladimir Putin Signs Digital Ruble Bill.
Russia is preparing to launch the pilot of its central bank digital currency (CBDC), the digital ruble, after President Vladimir Putin signed the related bill. The law is expected to take effect from August 1. origin »
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Shiba Inu (SHIB) Price Suspense Builds as Shibarium Launch Nears.
Shiba Inu investors have been conducting lesser transaction volumes as they grow increasingly uncertain about the Shibarium launch outcome. How will it impact SHIB price action in the coming days? The post Shiba Inu (SHIB) Price Suspense Builds as Shibarium Launch Nears appeared first on BeInCrypto. origin »
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Venom blockchain surpasses one million registered wallets in three months.
Key takeaways The Venom blockchain has reached one million registered wallets within three months. The Venom Foundation is focused on making the adoption of blockchain technology mainstream. The Venom Foundation announced on Tuesday, July 25th, that its blockchain has surpassed one million registered wallets. origin »
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Xandeum, the L1 with Scalable Storage Layer, Announces Grand Launch on July 30.
Las Vegas, Nevada, July 25th, 2023, Chainwire Xandeum, a trailblazing blockchain startup committed to accelerating humanity’s transition to decentralized control, announces its highly anticipated launch on July 30, 2023, at 11:00 am PT. origin »
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ZkSync's Largest Lender Struck by $3.4M Exploit.
EraLend, the largest lending protocol on Ethereum scaling blockchain zkSync, has been hit by a $3.4 million reentrancy attack, according to blockchain security firm CertiK. origin »
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Ethereum (ETH) Corrects After Yearly High – Will $1,800 Area Hold?.
The Ethereum (ETH) price trend is considered bullish as long as a breakdown below $1,648 does not occur. The post Ethereum (ETH) Corrects After Yearly High – Will $1,800 Area Hold? appeared first on BeInCrypto. origin »
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Top meme coin pumps on X speculation: Does this impact Shiba Memu?.
Dogecoin price rallied to above $0. 076 on Tuesday, a day after Elon Musk’s Twitter rebranded to X. Shiba Memu (SHMU) presale on the other hand has seen $1. 14 million raised so far amid huge interest in meme tokens. origin »
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Twitter May Face Legal Complications Following Rebranding to X.
Coinspeaker Twitter May Face Legal Complications Following Rebranding to X Trademark attorney Douglas Masters emphasized that protecting a single letter like “X” can be particularly challenging, especially when it is widely used commercially and lacks distinctive characteristics. origin »
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Solana-Based NFT Marketplace Exchange.art to Expand Into Ethereum.
Larisa Barbu, COO of Exchange.art, told CoinDesk that the marketplace had planned to expand beyond the Solana ecosystem since its launch in 2021. origin »
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OpenAI Shuts Down Its AI Detection Tool Due to Low Accuracy.
Coinspeaker OpenAI Shuts Down Its AI Detection Tool Due to Low Accuracy The link leading to the tool is no longer functioning. However, OpenAI has promised to come up with other detection tools that users can trust. origin »
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Japan PM Reaffirms Web3 Stance, Binance Poised for Return.
Coinspeaker Japan PM Reaffirms Web3 Stance, Binance Poised for Return Meanwhile, Binance is preparing to launch its service on a new Japanese platform next month. Japan PM Reaffirms Web3 Stance, Binance Poised for Return origin »
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Adidas (ADS) Stock Jumps 6% after Strong Yeezy Sales and Trimming Losses.
Coinspeaker Adidas (ADS) Stock Jumps 6% after Strong Yeezy Sales and Trimming Losses Adidas is able to alleviate the impact of operational losses as the clearance of the massive Yeezy inventory takes turn for the good. origin »
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Worldcoin Token Slumps Amid Crypto Community Unease.
Concerns around privacy, security and reported connections to Sam Bankman-Fried and Three Arrows Capital have raised eyebrows in the crypto community. origin »
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Crypto Exchange Rain Obtains License to Operate Virtual Asset Brokerage, Custody Service in UAE.
Rain's Abu Dhabi-based entity can now offer institutional clients and some retail clients in the UAE the ability to buy, sell and store virtual assets. origin »
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Gnosis price outlook after the 7 days plunge: is Chancer a better option?.
The Gnosis (GNO) token has lost 22. 5% in the past year. While some predict that GNO has hit the bottom, it has dropped by 2. 5% in the past seven days. As Gnosis drops, a new decentralized prediction market token called CHANCER is gaining traction. origin »
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Worldcoin Unveils Its Whitepaper Stirring Concerns Over Token Supply.
Coinspeaker Worldcoin Unveils Its Whitepaper Stirring Concerns Over Token Supply During the token's launch, the circulating supply was limited to 143 million tokens, with 43 million of the asset reserved for early adopters and 100 million provided as loans to non-US market makers. origin »
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Dogecoin up 4% as X payments speculations return.
Key takeaways DOGE is outperforming the other major cryptocurrencies, up by 4% in the last 24 hours. The positive performance comes as speculations return that DOGE could become a payment option on X (Twitter). origin »
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Why is XRP price down today?.
XRP price is down today, like other top crypto assets, as traders anticipate a Federal Reserve rate hike this week.
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Price analysis 7/24: SPX, DXY, BTC, ETH, XRP, BNB, ADA, DOGE, SOL, MATIC.
Bitcoin is at the pivotal 50-day SMA support, and a drop below this level could result in accelerated selling of BTC and altcoins. origin »
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