Crypto wallet provider Ledger has partnered with art auction house Sotheby’s to offer exclusive benefits to digital art collectors. The tie-up entails that beginning in 2024, buyers of the most valuable digital art at Sotheby’s will receive a limited-edition Ledger x Sotheby’s Nano X hardware wallet. The partnership will also soon feature the introduction of a special edition of the…
Month: October 2023
ETF filings changed the Bitcoin narrative overnight — Ledger CEO
Over the past 12 months, some investors learned the hard way why they needed to move their crypto offline. Those who kept Bitcoin (BTC) and altcoins on crypto exchanges like FTX lost control of their assets, sometimes forever. Events drew a red line under the storied crypto adage: “Not your keys, not your coins.” FTX’s loss was hardware wallet manufacturer…
Dirham stablecoin DRAM hits Uniswap, developed by relaunched Distributed Technologies Research
A former MIT alumnus and SoftBank executive has launched a Dirham-backed stablecoin that aims to give countries plagued by high inflation environments exposure to assets linked to the United Arab Emirates’ native currency. Cointelegraph reached out to Akshay Naheta, founder and CEO of Distributed Technologies Research (DTR) following the announcement of DRAM stablecoin that was listed on Decentralized Finance protocols…
Exclusive: Hackers selling discounted tokens linked to CoinEx, Stake hacks
Blockchain analytics firm Match Systems has contacted an individual who is believed to be selling tokens linked to the recent CoinEx and Stake hacks at discount… Source: https://cointelegraph.com/app/public/index.php/news/exclusive-hackers-selling-stolen-tokens-coinex-stake
Bitcoin Is Coming to Cosmos With New Nomics Bridge
Nomic, a layer-1 bridging solution for Bitcoin, will enable Bitcoin liquidity on Cosmos via a Bitcoin-backed token. The team will implement an upgrade, the nBTC Interchain Upgrade, to the Nomic layer-1 blockchain, by the end of October to kick off the launch of the new token. The nBTC token will act as a native token in the Cosmos ecosystem and…
Bitcoin traders demand ‘slow grind’ up after BTC price drops over 4%
BTC price support gives in to sellers at six-week highs, but Bitcoin remains in its classic trading range. Source: https://cointelegraph.com/public/index.php/news/bitcoin-slow-grind-up-btc-price-drops-over-4
Samsung to develop AI chips with Canadian startup Tenstorrent
The Canadian startup Tenstorrent, which builds artificial intelligence (AI) processors among other things, revealed a new partnership with Samsung’s chip manufacturing department. On Oct. 2, the startup announced the partnership with Samsung saying it will use the partnership to bring the, “next generation of AI chiplets to market.” Tenstorrent manufactures chips and intellectual property (IP) for data centers. The deal…
Hackers selling discounted tokens linked to CoinEx, Stake hacks
Blockchain analytics investigators have uncovered an individual linked to a cryptocurrency laundering operation that is offering stolen tokens at discounted prices from recent high-profile exchange hacks. Speaking exclusively to Cointelegraph, a representative from blockchain security firm Match Systems outlined how investigations into several major breaches featuring similar methods through the summer months of 2023 have pointed to an individual who…
Brazil BTG Pactual bank buys Bitcoin-friendly brokerage Orama for $99M
Major Brazilian investment bank BTG Pactual is acquiring cryptocurrency-friendly brokerage Orama DTVM as part of its strategy to expand the bank’s digital platforms. BTG Pactual has signed an agreement to buy 100% of Orama’s shares for 500 million Brazilian reais ($98.7 million). Announcing the news on Oct. 2, BTG Pactual said that the acquisition is part of the bank’s digital…
Future of payments: Visa to invest $100M in generative AI
Visa says it was one of the first firms in the world to pioneer AI in payments, deploying AI-based technology for risk and fraud management in 1993. Source: https://cointelegraph.com/public/index.php/news/visa-to-invest-100-million-generative-ai