On Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices recorded the day before. Arbitrum airdropped just over a billion ARB tokens, or 11.6% of the total supply. At noon ET, more than 474 million tokens had been claimed. Wild Volatility for ARB Token: Prices Range from $1.10 to…
Artificial intelligence (AI) is becoming increasingly important in our daily lives. AI can automate routine and time-consuming tasks, allowing us to focus on more important activities. In addition, AI algorithms can analyze vast amounts of data to personalize products, services and experiences. Moreover, AI is driving innovation in various industries, such as finance, retail and education. Here are seven artificial intelligence examples in everyday life.…
Algorand Foundation CEO Stacy Waden took to Twitter to confirm rumors about Coinbase’s decision to discontinue Algorand (ALGO) staking rewards for retail customers. Coinbase and Algorand, however, cite different reasons for the move. According to Waden’s tweet, Coinbase informed Algorand about the sudden termination of rewards for ALGO tokens on March 22, as the crypto exchange evaluates its portfolio of…
Bitcoin (BTC) returned to near $29,000 on March 23 as bulls ignored news of a fresh United States regulatory crackdown. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin shrugs off Coinbase, Do Kwon arrest Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining almost 8% versus its overnight lows to challenge nine-month highs on Bitstamp. The pair kept the volatility…
The love story between luxury brands and Web3 continues. At this year’s Paris Blockchain Week, LVMH presented the latest developments around its Aura Blockchain Consortium. First launched in 2021, the consortium, which includes Prada Group, OTB Group, and Cartier, focuses on promoting more sustainable trends in the fashion world and helping members upgrade their products’ traceability via blockchain technology. “When…
Promin Aerospace is a Ukrainian rocketry startup with backing from Google among others. The company is working with the Meta History Museum to launch into space a collection of artworks about the war with Russia in the form of NFTs (non-fungible tokens). The team recently joined the Bitcoin.com News Podcast to talk about the historical initiative, the ground breaking technology…
Cointelegraph Markets Pro’s latest VORTECS™ Report reveals the advanced indicators members used to realize outsized crypto market gains. Source: https://cointelegraph.com/public/index.php/news/cointelegraph-markets-pro-delivers-alerts-for-113-gains-from-5-trades-in-the-face-of-10-btc-drop
Notorious short-selling firm Hindenburg Research has Square parent company Block Inc. in its crosshairs, accusing the company of fraud, predatory practices, and inflating user counts in a report released Thursday morning. “In sum, we think Block has misled investors on key metrics, and embraced predatory offerings and compliance worst-practices in order to fuel growth and profit from facilitation of fraud…
A report following a two-year investigation from Hindenburg Research claimed digital payments company Block had “systematically taken advantage of the demographics it claims to be helping,” alleging the firm inflated its user metrics and facilitated fraud. According to the March 23 report, Hindenburg Research said Block’s practices allowed users to set up fraudulent accounts, catering to many criminals who used…
According to Montenegro’s interior minister Filip Adzic, Terraform Labs co-founder Do Kwon was apprehended at Podgorica airport allegedly bearing falsified documentation. Adzic added that investigators are “waiting for official confirmation of his identity” after Montenegrin police detained the accused suspect. Terra Co-Founder Reportedly Arrested in Montenegro at Podgorica Airport With False Documents Terraform Labs co-founder Do Kwon has reportedly been…
