In a recent interview, Tom Hanks said that his career could endure even if he were to be “hit by a bus.” This is thanks in part to recent developments in AI and his digital appearance in The Polar Express. “I could be hit by a bus tomorrow and that’s it, but my performances can go on and on and…
The Sui blockchain network quietly fixed a bug that could have put “billions of dollars” at risk, according to a May 16 announcement from Zellic, the security firm hired to audit the network’s security. Loss of Funds Bug in Aptos and Sui Quick spotlight on an unpublished (but fixed) loss-of-funds bug in the move verifier that seems to have been…
Decentralized finance (DeFi) and liquid staking protocol Asymmetry Finance today announced that it has raised $3 million in a seed funding round led by venture capital fund Ecco Capital. This brings Asymmetry Finance to a total valuation of $20 million. The funding round also included Republic Capital, GMJP, and fellow staking provider Ankr. Asymmetry says it will use the funds…
The Democratic Party in the United States has expressed its intent to back the Securities and Exchange Commission’s total authority over crypto in a memo that circulated among committee members prior to a hearing. The documents were shared on social media, causing backlash from members of the crypto community. On May 10, the documents were shared on Twitter, highlighting key…
Bitcoin consolidated below a key price floor on Tuesday, as markets were preparing for upcoming U.S. retail sales figures. Following two months of declines, sales in the United States are expected to rebound, as inflation cools off. Ethereum remains above the $1,800 level. Bitcoin Bitcoin (BTC) consolidated in today’s session, as markets were preparing for the release of the latest…
European Union finance ministers vote unanimously to adopt the bloc’s Markets in Crypto-Assets regulation. Source: https://cointelegraph.com/app/public/index.php/news/eu-council-approves-mica-regulations
Bangladesh and India have decided to conduct trade settlements in their own currencies, bypassing the dominance of the U.S. dollar. According to sources from the Bangladesh Bank, the decision was made due to the issues of liquidity in foreign currency that Bangladesh faces, which are disrupting the flow of imports to the country. Bangladesh and India to Conduct Bilateral Trade…
The battle between crypto exchange Coinbase and the U.S. Securities and Exchange Commission (SEC) rages on. The latest twist occurred on Monday when the SEC sought a court order to dismiss Coinbase’s plea for the agency to clarify its stance on crypto regulations. The exchange publicly voiced its grievances against the American financial watchdog on April 27, also revealing that…
sponsored The global crypto market is expanding steadily despite recent bearish sentiments. Over 119 million people worldwide started owning cryptocurrencies in 2022, marking a 39% rise in total ownership. It reflects a growing demand for alternative payment methods and investment instruments. More people now believe in the potential of futuristic asset classes like crypto. Particularly since innovators are bringing novel…
Bitcoin (BTC) surfed $27,000 on May 16 as traders stayed buoyant about upside continuation. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView $24,000 BTC price still in play, says trader Data from Cointelegraph Markets Pro and TradingView showed BTC/USD still focusing on the $27,000 mark, having dipped to $26,870 after the daily close. Still lacking direction, traders hoped that the…
