THORSwap, a decentralized exchange (DEX) that supports multiple blockchains atop the THORChain network, announced that it had paused activity. The exchange has moved to “maintenance mode” after detecting a series of illicitly-linked funds had been funneled through the platform. The native token powering the THORChain network RUNE has since plummeted by 9%, per CoinGecko data. The token is now trading…
The 37xDubai art gallery, which will be opened to the public later in October, aims to educate artists and art aficionados on nonfungible tokens (NFTs) and the broader Web3 ecosystem through workshops that will be held in the gallery after its official launch. Cointelegraph sat down with Danilo Carlucci, the founder of investment firm Morningstar Ventures and the art gallery…
The regulator will publish a final report based on feedback received and submit the draft technical standards to the European Commission by June 2024. Source: https://cointelegraph.com/app/public/index.php/news/european-regulator-publishes-second-consultation-on-mica
Major global cryptocurrency exchange Binance has reportedly continued to lose its market share amid ongoing regulatory issues in the United States. Binance’s spot market share fell for a seventh consecutive month in September 2023, Bloomberg reported on Oct. 5, citing analysis from cryptocurrency data provider CCData According to the report, Binance’s spot market share dropped from 38.5% in August to…
Have you ever wondered what exactly blockchain is and how it works? It seems to be a buzzword that is thrown around a lot these days, but many people are still unsure of its true meaning and potential. Blockchain technology has gained significant attention in recent years, particularly with the rise of cryptocurrencies like Bitcoin. However, its applications go far…
The regulator will publish a final report based on feedback received and submit the draft technical standards to the European Commission by June 2024. Source: https://cointelegraph.com/public/index.php/news/european-regulator-publishes-second-consultation-on-mica
Ever been curious about the inner workings of Ethereum, the renowned cryptocurrency? Central to Ethereum’s operations is the Ethereum Virtual Machine (EVM), the engine driving its unique capabilities. In recent times, Ethereum has captured global interest due to its support for smart contracts and decentralized applications (dApps). But how does the EVM fit into this groundbreaking platform? To truly grasp…
Bitcoin (BTC) eased volatility into Oct. 6 as BTC price downside preparations returned. BTC/USD 1-hour chart. Source: TradingView Bitcoin keeps liquidations limited amid long, sh “squeeze” Data from Cointelegraph Markets Pro and TradingView covered a flatter 24 hours for BTC/USD after a failed retest of $28,000. After lingering in a narrow range around 1.5% lower, the largest cryptocurrency was again…
Coinbase, the largest cryptocurrency exchange in the U.S., is putting increased focus on international expansion, according to the company’s vice president for international policy Tom Duff Gordon. “We want to bring a billion people into crypto, we’re all about economic freedom,” Gordon said during Zebu Live 2023 conference in London. “And so scaling internationally is kind of getting more and more important…
The United Nations and the Dutch government announced plans for the creation of a framework for the ethical supervision of artificial intelligence (AI). On Oct. 5 the Dutch Authority for Digital Infrastructure and the United Nations’ Educational, Scientific and Cultural Organization (UNESCO) officially launched the project called, “Supervising AI by Competent Authorities,” through which they will assemble data on the…
