Cryptocurrencies like Bitcoin (BTC) have failed to reduce but rather have “amplified financial risks” in less developed economies, according to a new study published by the The Bank for International Settlements (BIS). On Aug. 22, the Consultative Group of Directors of Financial Stability (CGDFS) released a new report on cryptocurrencies, titled “Financial stability risks from crypto assets in emerging market…
Ran Neuner is the CEO of Onchain Capital, founder of Crypto Banter, and a vocal crypto commentator on X. Crypto Banter’s Ran Neuner has a “problem with the structure of XRP and Ripple.” While he appreciates Ripple sticking it to the SEC, he is hung up on the “moral and ethical” side of things with Ripple. He thinks Ripple is…
Generative AI has taken the world by storm, with platforms like ChatGPT, Midjourney, and Stable Diffusion changing how we create, view, and experience media for good or bad. Once the domain of science fiction and theory, artificial intelligence can now be accessed everywhere, from desktop computers to smartphones. Generative AI refers to tools that use prompts to generate images, text,…
The vice chancellor of Germany has reportedly proposed tightening the screening process for foreign direct investment from China, according to reports from local media outlets. Rober Habeck, a member of the Green coalition and federal minister for economic affairs and climate action, said the tightening of restrictions on Chinese foreign investment would be in “critical sectors,” which include semiconductors and…
Peer-to-peer (P2P) cryptocurrency trading has been a staple of the cryptocurrency community since the industry’s early days. P2P trading refers to the direct exchange of cryptocurrencies between two users without the involvement of intermediaries. P2P exchanges link buyers and sellers while also adding an extra degree of security through an escrow service. Some of the key advantages of P2P over…
Despite concerns, traders are still optimistic that the Friend.tech app is still on the up Friend.tech is a social media app on the Coinbase-incubated Base blockchain that tokenizes Twitter accounts. Once users buy “keys,” previously called “shares,” they get access to private chat groups. It gathered significant momentum over the weekend. Riding the hype, decentralized derivatives platform Aevo launched perpetual…
Zero-knowledge proof technology continues to garner interest and investment as Binance Labs becomes the latest firm to invest in ZK-proof powered infrastructure being developed by Delphinus Lab. Binance’s venture capital arm announced a strategic investment into Delphinus Lab’s zero-knowledge WebAssembly (zkWASM) virtual machine. The zkWASM is being labeled as the first known open-source virtual machine to support ZK computation and…
Led by Tioga Capital and Blocktower Capital, Maple Finance has just announced a fresh $5 million fundraise. GSR Ventures, Cherry Ventures, Veris Ventures, and The Spartan Group also participated in the round. “By enabling third-party credit experts to operate and scale lending businesses on-chain, we believe Maple is a natural, value-add gateway for institutions to enter the space and foster…
The Bitcoin (BTC) metric that nailed the pit of the 2022 bear market says its uptrend is still intact. In an X post on Aug. 22, creator of on-chain analytics platform LookIntoBitcoin, shared some good news in the form of Bitcoin’s Realized Cap HODL Waves (RHODL). Analyst: “New money” flowing into Bitcoin in 2023 While last week’s 10% BTC price…
After a rocky start last week, Shiba Inu’s Layer-2 network Shibarium is expected to relaunch with a new monitoring system and other features designed to help it cope with high levels of traffic. In their latest blog post, the pseudonymous Shiba Inu developer Shytoshi Kusama stated that after two days of “testing and tweaking parameters” to achieve a “ready” state,…
