Bitcoin (BTC) continued snap volatility after the July 6 Wall Street open as yearly highs gave way to a comedown. BTC/USD 1-hour chart. Source: TradingView Bitcoin suddenly falls to new July lows Data from Cointelegraph Markets Pro and TradingView followed BTC price action as it seesawed around the $30,000 mark. Bitcoin had surged to its highest levels since mid-2022 earlier…
Companies across industries are focused on improving their environmental, social and governance practices, and with good reason. In addition to having the desire to do good for its own sake, businesses are very aware that more and more investors are taking a company’s ESG standards and practices into account when making investment decisions. Crypto mining companies would do well to…
Zero-knowledge proofs (ZK-proofs) are a key technology explored by many in the crypto industry. A zero-knowledge protocol is a cryptographic method that allows one party to prove to another party that something is true without revealing any information. The technology is vital for Ethereum layer-2 solutions to achieve blockchain scalability, and to the privacy and security of ZK transaction networks.…
Meta’s would-be “Twitter killer,” Threads, is off to the races after a slightly earlier-than-announced debut early Thursday morning—and already, the app is making both impressive strides and concerning new users with its fine print. Meta founder and CEO Mark Zuckerberg claimed, via Threads earlier today, that the app blew past 10 million sign-ups within seven hours of going live. If…
Ether (ETH) price faced resistance after hitting the $1,970 level on July 3. A number of factors capped the rally, including higher odds of more interest rate hikes in the coming months and a tighter regulatory cryptocurrency environment. Macro headwinds from the Fed Besides the external factors, the Ethereum network has faced withdrawals from its smart contract applications, which also…
Abracadabra Money, a multi-chain stablecoin minting platform, has proposed to register the protocol’s governing body as a legal entity with registered “offices, trustees, and attorneys.” A project team leader introduced the proposal to the DAO’s governance forum on Wednesday, writing that the DAO needs a “certain degree of centralized legal structure.” Abracabadra Money enables the issuance of U.S. dollar-pegged MIM…
Explore the top dog-inspired cryptocurrencies and the hidden potential behind cute memes. Source: https://cointelegraph.com/app/public/index.php/news/top-5-dog-themed-cryptocurrencies-by-market-cap
Mastercard has launched a new artificial intelligence (AI)-power tool which is aimed at helping banks fight payment fraud and scams in real-time prior to any monetary exploits. According to an announcement from the financial services provider on July 5, the ‘Consumer Fraud Risk’ solution’s AI is trained using years of transaction data received in partnership with banks in the United…
Blockchain-based games have been a hot topic in the cryptocurrency space over the past two years, accounting for considerable growth and daily activity on a number of protocols despite prolonged bear market conditions. Market research estimates that Web3 gaming pulled in around $4.5 billion in funding in 2022 as asset managers, investment funds and venture capitalists look to cash in…
Namibia has joined other African nations in embracing cryptocurrencies and digital assets by approving a bill in the National Assembly. The bill, which passed Namibia’s lower house of parliament on June 22, aims to regulate digital assets, cryptocurrencies and digital asset service providers in the country. The purpose of the legislation is to establish a framework for licensing and regulating…
