Wash trading on nonfungible token (NFT) marketplaces is back in the spotlight after critics claimed the fast-growing NFT marketplace Blur has incentivized the practice with its trading rewards scheme. 10% of Blur’s total token supply was distributed to users based on their trading activity in its second token reward scheme from Feb. 14. The platform has seen a surge in…
Wash trading on nonfungible token (NFT) marketplaces is back in the spotlight after critics claimed the fast-growing NFT marketplace Blur has incentivized the practice with its trading rewards scheme. 10% of Blur’s total token supply was distributed to users based on their trading activity in its second token reward scheme from Feb. 14. The platform has seen a surge in…
Where do the AI tokens begin and the memecoins end? Following the breakout success of OpenAI’s mega-popular ChatGPT program, crypto investors have been eagerly hunting down ways to latch on to the new trend. In February, tokens powering Fetch.AI and Singularity both soared more than 20% overnight as buyers tried linking the two emerging markets. Elsewhere, Tron launched a $100…
Here’s how one can use ChatGPT’s abilities to solve coding problems: Identify the problem: The first step is to identify the problem that you need to solve. Once you have identified the problem, you can start thinking about how to solve it. Break the problem down: The next step is to break the problem down into smaller, more manageable pieces.…
The price of Bitcoin (BTC) saw a sharp uptick over $26,000 as the U.S. Department of Labor released the latest consumer price index (CPI) data for February 2023. CPI rose 0.4% last month on a seasonally adjusted basis, with the department noting that the all items index denoting inflation increased by 6% over the last year. CNBC reported that conventional markets…
Bitcoin soared past $26,000, a price not seen since last Summer, on the back of the latest CPI print that showed inflation in the U.S. is still very much alive. The Consumer Price Index (CPI) rose 6.0% in the 12 months through February, the Bureau of Labor Statistics (BLS) said Tuesday, meeting economists’ expectations for the index, which tracks price…
Bitcoin (BTC) spiked above $26,000 on March 14 as United States Consumer Price Index (CPI) data showed mixed inflation signals. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView CPI fuels 9-month BTC price highs Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as sudden volatility kicked in on the release of February’s CPI numbers. Inflation climbed 6% year-on-year, while the month-on-month…
Governor Mark Gordon of the U.S. state of Wyoming recently signed a bill preventing the forced disclosure of private keys in a move to protect the privacy of digital asset owners. The incoming law reads “No person shall be compelled to produce a private key or make a private key known to any other person in any civil, criminal, administrative,…
In a recent interview, Circle’s CEO pointed out the irony of a traditional bank disrupting the wider crypto industry. “We are really trying to make sure that we’ve got the most solid infrastructure possible for [USDC], and it’s somewhat ironic that there has been a lot of talk of protecting the banking system from crypto, here we are in a…
Bitcoin moved closer to $25,000 on Tuesday, as banking withdrawals rose following the collapse of Signature Bank and Silicon Valley Bank. Reports suggest that withdrawals at the likes of JPMorgan and Citibank are nearing a ten-year high. First Republic Bank has been another major firm to fall, with its stock dropping by over 60% on Monday. Ethereum was also higher…
