Binance Connect, the regulated buy-and-sell crypto arm of Binance exchange, will shut down on August 16. Cointelegraph confirmed on August 15 via an email with a Binance spokesperson. The same day, BNB Chain decentralized exchange Biswap tweeted that Binance “has made a difficult decision to disable Binance Connect on 15 August due to its provider closing the supporting card payments service.” The…
Month: August 2023
11 potential impacts on crypto and the market from the rise of CBDCs
In June 2023, the Atlantic Council, based in the United States, announced the results of a study on global nations’ interest in and progress toward creating their own central bank digital currencies. Eleven countries have already launched CBDCs; 130 others are in the exploratory phase, and about half of those have begun the development process. Market watchers cite multiple factors…
Helium Mobile Debuts Crypto Wireless Network in Miami—For $5 a Month
Helium Mobile, the hybrid wireless carrier that combines service from the decentralized, crypto-powered Helium 5G network and T-Mobile’s nationwide 5G network, has opened up to the public in Miami, Florida as the first stop in its rollout. And it’s priced at just $5 per month. That $5 monthly fee unlocks unlimited talk, text, and data, Helium Mobile announced Tuesday and…
BTC price can reach $34K as Bitcoin faces support ‘kiss’ — QCP Capital
Bitcoin (BTC) may be weeks from a “sharo rally” toward $34,000, trading platform QCP Capital believes. In its latest market update released on Aug. 15, analysts said that the coming weeks include a key decision point for BTC price action. BTC price due September “termination point” With Bitcoin still rangebound after months of indecisive behavior, market observers are keen to…
Sei token valued at $1.8B after beta launch, exchange listings
Layer one trading blockchain Sei Network has reached a fully diluted valuation of $1.8 billion on the initial day of token listing. On August 15, major exchanges such as Binance, Bybit and Bitget jointly listed the network’s native token (SEI). On Binance, the token opened at $0.064 apiece before surging as high as $0.48. It currently trades at $0.18 at…
Star Atlas CEO on Developing an MMO Game
Decrypt’s Jason Nelson speaks with Star Atlas Founder and CEO Michael Wagner about the MMO game’s approach to development, marketing, and blockchain integrations. Source: https://decrypt.co/videos/interviews/WQCaahmH/star-atlas-ceo-on-developing-an-mmo-game
Blockstream plans $50M raise to buy miners
Blockchain technology firm Blockstream is looking to raise up to $50 million to purchase and store mining equipment that it perceives to be undervalued on secondary markets. Speaking exclusively to Cointelegraph, Blockstream mining sales head James Macedonio unpacked the company’s plans to take advantage of a “huge separation” in the value of Bitcoin (BTC) and ASIC mining equipment. Blockstream is…
Did the NSA create Bitcoin? – Cointelegraph Magazine
Over the 15 years since Bitcoin was created, there has been no shortage of crazy conspiracy theories about how it was made and where it came from. Some believe Bitcoin was the work of “a bunch of engineers” in the Chinese Communist Party — presumably for world domination; others claim Bitcoin is the work of benevolent aliens to help humans…
China’s new AI regulations begin to take effect
China’s provisional guidelines for artificial intelligence (AI) activity and management in the country are scheduled to come into effect on Aug. 15. The regulations, which were published on July 10, are referred to as the “Generative AI Measures” and are the result of a joint effort between six government agencies including the Cybersecurity Administration of China (CAC), the National Development…
How to protect your privacy online
As the world becomes increasingly connected through digital platforms, preserving online privacy has become more critical than ever. For individuals engaged in the world of crypto, decentralized finance (DeFi) and blockchain — where financial transactions and personal data are often involved — safeguarding privacy is of utmost importance. This article offers practical strategies to protect online privacy within the realm of…