Much has been made of Bitcoin’s (BTC) poor price action as of late, with many analysts making the case for further bearish momentum in the weeks ahead. Yet it wasn’t too long ago that many investors and crypto pundits were raving about some note-worthy fundamental metrics that were, and continue to be, quite bullish. Let’s take a look at three…
Since launching this spring, the Los Angeles County Museum of Art’s “Remembrance of Things Future” program has invited numerous digital artists to select iconic works from the museum’s permanent collection and riff on them with the aid of experimental technologies. Today marks the debut of the series’ fifth entry: “Distance,” a meditation by the French digital artist William Mapan on…
U.S. Securities and Exchange Commission Chair Gary Gensler today continued to slam the crypto industry during a Senate hearing with lawmakers, but refused to give any hints on where the regulator would go with the long list of Bitcoin spot exchange-traded fund (ETF) applications that it’s currently reviewing. Referring to a federal judge’s bombshell decision last month to side with…
Several prominent financial institutions have filed for spot Bitcoin products in recent months. Source: https://cointelegraph.com/app/public/index.php/news/franklin-templeton-files-bitcoin-spot-etf
As New York Jets’ quarterback Aaron Rodgers fell victim to a season-ending ankle injury after four snaps with the long-beleaguered NFL franchise on Monday, backup Zach Wilson stepped up to lead the team and face off against the Buffalo Bills. And quickly, Wilson’s fantasy football NFTs shot up in value. Thrust into the national spotlight for a high-stakes matchup against…
Ripple Labs built its XRP token on a centralized system. But with legal action against Ripple coming to a close, it could move toward a more open platform. Source: https://cointelegraph.com/app/public/index.php/news/ripple-staring-down-opportunity-fix-mistake
On Sept. 12, crypto exchange CoinEx experienced abnormally large outflows to an address with no prior history, leading security experts to suspect the exchange was hacked. Blockchain security platform Cyvers Alerts has estimated the losses to be approximately $27 million. Red CodeOur AI-powered model detected suspicious transactions related to @coinexcom 2 hours ago The potentially stolen funds amount to $18.12M…
Solana wallet provider Solflare has integrated MetaMask Snaps to let MetaMask users manage their Solana portfolio directly from the popular crypto wallet. According to an announcement sent to Cointelegraph, the Solana (SOL) wallet provider is “easing the barrier of entry and usage” to the Solana blockchain with the new integration. Using an extension called MetaMask Snaps, Solflare will allow MetaMask users…
To minimize the damages caused by financial fraud, Romero proposed the formation of the National Financial Fraud Registry, a centralized record of all crimes an… Source: https://cointelegraph.com/app/public/index.php/news/cftc-commissioner-crypto-investor-protection
India, Nigeria and Thailand are ranked as the top three countries in Chainalysis’ “2023 Global Crypto Adoption Index,” with lower middle-income (LMI) nations leading the way in the grassroots adoption of cryptocurrencies. The blockchain analytics firm released an excerpt from the report showing that central and south Asia and the wider Oceania regions dominate the top of its index, with six…
