In the latest Cointelegraph Report, we sought to find out the real value AI brings to the crypto industry beyond the hype surrounding the technology. To do so, we looked into three main areas where AI is impacting crypto: trading, data analytics, and user experience. For many years, trading bots have allowed users to execute trades in an automated way…
Month: September 2023
Former NBA Champion Matthew Dellavedova Joins Swan Bitcoin
Bitcoin financial services company Swan has hired former NBA champion Matthew “Delly” Dellavedova as its vice president of business development. The move looks to capitalize on the professional athlete’s successful sporting career, bridging the gap between the crypto and sports. Dellavedova’s new position will be part-time to begin with, due to his current contract to play with Melbourne United. But…
US House committee leadership threatens to subpoena SEC over FTX docs
Rep. Patrick McHenry, who chairs the United States House Financial Services Committee, has suggested that he may try to subpoena the Securities and Exchange Commission (SEC) over documents related to former FTX CEO Sam Bankman-Fried, or SBF. In a Sept. 27 hearing on oversight of the commission, McHenry claimed chair SEC Gary Gensler had made efforts to “choke off the…
DeFi Lenders and Borrowers Are More Cautious Than Ever. Maple Finance’s Sidney Powell Explains Why
DeFi Lenders and Borrowers Are More Cautious Than Ever. Maple Finance’s Sidney Powell Explains Why Sidney Powell, co-founder of DeFi lender Maple Finance, sits down with Decrypt reporter André Beganski to talk risk management in DeFi and how the crypto lending and borrowing landscape has changed within the last year. Source: https://decrypt.co/videos/live-events/WhHLIkJF/defi-lenders-and-borrowers-are-more-cautious-than-ever-maple-finances-sidney-powell-explains-why
Most Crypto Users Don’t Trust Themselves to Keep Their Seed Phrase Safe: Ledger CEO
Most Crypto Users Don’t Trust Themselves to Keep Their Seed Phrase Safe: Ledger CEO Decrypt’s Stacy Elliott sat down with Ledger CEO Pascal Gauthier to discuss crypto custody post-FTX, and the hardware wallet manufacturer’s controversial Ledger Recover service. Source: https://decrypt.co/videos/interviews/0kYf2Qed/most-crypto-users-dont-trust-themselves-to-keep-their-seed-phrase-safe-ledger-ceo
How the Three Arrows Collapse Changed Ethereum DeFi Lending
Decentralized finance (DeFi) lending has changed—especially following the collapse of major companies like Three Arrows Capital (3AC) last year—and managing risk is now key for the industry’s success, according to Maple Finance CEO Sidney Powell. Powell, who co-founded DeFi lender Maple Finance, told Decrypt at Messari Mainnet 2023 this week that the DeFi lending space has matured over the past…
Everything you need to know about CommEx, so far
Cryptocurrency exchange Binance has claimed that it will fully quit Russia by selling its local business to a completely new exchange known as CommEx. While promising its customers a “smooth” migration, Binance hasn’t provided much information about its successor in Russia. At the time of the announcement, little is known about CommEx’s founders or background. The exchange was launched on Sept.…
Mt. Gox collapse saw birth of Chainalysis – Cointelegraph Magazine
It’s been more than a decade since 850,000 BTC went missing from Mt. Gox, yet the collapse of the former exchange remains one of the most infamous black swan events of the cryptocurrency ecosystem. While creditors of the defunct exchange are edging closer to some form of restitution, Mt. Gox’s demise ended up playing an important role in the development…
CBDC frameworks must guard user privacy, monetary freedom of choice
Legal frameworks that ensure that user privacy and the freedom to choose between central bank digital currencies and other forms of money will be key in driving CDBC adoption, according to the head of the Bank of International Settlements. Speaking at the BIS Innovation Hub conference in Switzerland on Sept. 27, BIS general manager Agustín Carstens stressed that legal frameworks…
Bitcoin price to $30K in October, says analyst as BTC price climbs 2%
BTC price strength returns ahead of Wall Street trading, with $27,000 in Bitcoin bulls’ crosshairs. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-price-30k-october-analyst-btc-climbs