Tether is to start regular purchases of Bitcoin to bolster its excess reserves, the stablecoin issuer said in an announcement on Wednesday. The company will allocate up to 15% of its net realized operating profits for buying up the world’s largest cryptocurrency, starting this month. “Bitcoin has continually proven its resilience and has emerged as a long-term store of value…
Month: May 2023
Tesla updates AI-trained robot army, takes new bots for a walk
A Tesla Bot demonstrated the ability to transfer objects from one container to another, showcasing its potential for performing human-like tasks. Source: https://cointelegraph.com/app/public/index.php/news/tesla-robot-army-takes-a-walk
Ledger Faces Backlash for Controversial Backup Tool as Crypto Community Expresses Discontent
Hardware wallet maker Ledger is facing significant backlash for its recent introduction of a tool enabling users to back up their seed phrases through the transmission of encrypted key fragments to third-party firms. The crypto community has not embraced this new feature, with numerous digital currency users venting their frustration on social media platforms. Ledger’s Backup Tool Sparks Outrage in…
Tesla updates AI-trained robot army, takes new bots for a walk
A Tesla Bot demonstrated the ability to transfer objects from one container to another, showcasing its potential for performing human-like tasks. Source: https://cointelegraph.com/public/index.php/news/tesla-robot-army-takes-a-walk
‘One of the greatest’ Bitcoin metrics says BTC price bull run is here
Bitcoin (BTC) is entering a new “speculation cycle” typical of a bull run, new analysis says. In a tweet on May 16, Philip Swift, creator of data resource LookIntoBitcoin and co-founder of trading suite Decentrader, revealed history repeating itself according to the RHODL Ratio metric. RHODL Ratiocreator on BTC price: “Zoom out” RHODL Ratio is a method of tracking BTC…
Bitcoin self-custody advocate explains why on-ramps are key to adoption
Software developer Jameson Lopp believes improving usability and user experience of Bitcoin (BTC) self-custody solutions and making more avenues to acquire BTC will be key in further adoption of the preeminent cryptocurrency. The co-founder of Casahodl, who’s a prominent figure in the Bitcoin and wider cryptocurrency space, spoke of the challenges in building self-custody solutions in an exclusive interview with Cointelegraph…
Ledger Expands Cosmos Integration, Aims at Adding 20 New Projects
The new compatibility will let Ledger Live allow users to send, receive, and stake Cosmos’ native ATOM token as well as three other Cosmos-based projects: Onomy, Quicksilver, and Persistence. Ledger’s goal is to add more than 20 new Cosmos projects by the end of the year and Axelar is due to be added within two weeks. Ledger Live is an…
Four open source Plutus Application Backend (PAB) for Cardano
Decentralized applications (dApps) are becoming increasingly popular as more businesses and developers seek to leverage the benefits of decentralized networks such as blockchain. However, developing dApps can be complex and time-consuming. To simplify the process, developers can use frameworks that provide a set of tools and functionalities to test, compile, deploy and debug their applications. There are several popular frameworks…
Watch these BTC price levels as Bitcoin threatens to lose $27K support
Bitcoin remains in a tight range with low liquidity, but expectations for new local lows are increasing. Source: https://cointelegraph.com/public/index.php/news/watch-these-btc-price-levels-as-bitcoin-threatens-to-lose-27k-support
Blockchain in space
It is no secret that the space industry has been experiencing an unprecedented surge in recent years and is expected to continue to grow. On a daily basis, we see news about countries and private companies competing to claim their stake in future lunar missions, expand their orbital presence and attemping to create comprehensive space programs. As exciting and invigorating…