The United Arab Emirates (UAE) Ministry of Climate Change and Environment (MCCE) is developing a carbon credit system in a preliminary partnership with Industrial Innovation Group and Venom Foundation. Blockchain technology is utilized by organizations and countries to track carbon credits. Due to the immutable nature of data inscribed on-chain, these credits can be securely sold or traded with total…
Warren Buffett and Bill Ackman are two of the most successful investors in the world, but they have taken opposing views on the bond market in recent months. Only one can be right. Billionaire investor Bill Ackman says he is shorting US Treasuries. if long-term inflation is 3% not 2%, the 30y Treasury yield could rise to 5.5%. In contrast,…
The native currency for two Reddit communities, MOON and BRICK, swelled on Monday after cryptocurrency exchange Kraken opened trading for the tokens. As of writing, r/Cryptocurrency Moons has increased 40% over the past day to $0.40, while r/FortNiteBR Bricks was up 76% to $0.04 over the same period, according to CoinGecko. The listings come after several members of Kraken’s support…
Many Early Blockchain Games Were ‘Cash Grabs,’ Says Twitch Streamer Alliestrasza “I wrote them off,” Twitch streamer Alliestrasza said of her initial thoughts on many early blockchain games. She tells Decrypt’s Jason Nelson about how her perspective on Web3 games has evolved over time and now sees blockchain games getting significantly better. Source: https://decrypt.co/videos/interviews/BA4yE45A/many-early-blockchain-games-were-cash-grabs-says-twitch-streamer-alliestrasza
Bitcoin (BTC) fell below $28,700 after the Aug. 7 Wall Street open as “endless spot selling” drove BTC price action lower. BTC/USD 1-hour chart. Source: TradingView Bitcoin traders brace for losses as $29,000 support breaks Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning nearer to its August lows after a shaky weekly close. The start of United States…
Telegram bots have been increasingly emerging as a new tool to get exposure to cryptocurrency markets and a number of related services. The cumulative crypto trading volume associated with Telegram bots exceeded $190 million as of early August 2023, according to a new report by Binance’s research arm Binance Research. Crypto activity facilitated through Telegram bots has been specifically on…
Estonia-based cryptocurrency payments firm CoinsPaid suspects North Korean hackers with the Lazarus Group gained access to its systems through fake recruiters targeting employees. In an Aug. 7 blog post, CoinsPaid said an exploit which allowed hackers to steal more than $37 million on July 22 was the result of tricking one employee into downloading software during a fake job interview,…
Bitcoin is frustratingly calm and volatility is near historic lows — what could provide BTC price action with fresh fuel to discover a trend this week? Source: https://cointelegraph.com/app/public/index.php/news/btc-price-cpi-volatility-collapses-5-things-bitcoin
The lower house of India’s parliament voted in approval of a bill that will ease data compliance regulations for Big Tech companies, according to a report from Bloomberg. On Aug. 7, the legislation that was approved by the house will ease storage, processing and transfer standards for major global tech companies like Google, Meta and Microsoft and also local firms…
Institutional investors have stopped betting against Bitcoin, according to CoinShares’ latest fund report. According to the firm’s head of research James Butterfill, outflows into short Bitcoin (BTC) products have ceased for the first time in fourteen weeks, suggesting that large digital asset funds are taking a different approach to the alpha crypto. Short products allow investors to profit on an…
