Cathie Wood’s Ark Invest has filed a second amended application for a spot Bitcoin spot exchange-traded fund (ETF). The latest version, filed on October 11, introduces additional risk warnings associated with the Bitcoin network that could negatively affect the price of an ETF among other minor adjustments. These new risks include issues related to electricity consumption, a community-driven upgrade to…
CPI joins macro data coming in higher than predicted, something not conducive to BTC price upside, Bitcoin analysts continue to imply. Source: https://cointelegraph.com/public/index.php/news/bitcoin-cpi-btc-price-tackling-26-8-k
Mastercard has completed a trial involving wrapping central bank digital currencies (CBDCs) on different blockchains, similar to wrapped Bitcoin (wBTC) and wrapped Ether (wETH). According to the October 12 announcement, the trial was conducted with the Reserve Bank of Australia (RBA) and the country’s Digital Finance Cooperative Research Centre CBDC, along with participation from Cuscal and Mintable. In a live…
Anonymous hackers of the now-defunct exchange FTX have been moving large amounts of assets stolen from the platform, with new transactions occurring just as the ongoing trial of FTX founder Sam Bankman-Fried gets underway. As much as 72,500 Ether (ETH) of stolen assets from FTX has awakened for the first time since the exchange was hacked in November 2022, the blockchain…
Bitcoin took a leap this week. Bitcoin developer Robin Linus released a paper on Tuesday called “BitVM: Compute Anything on Bitcoin,” which proposes a way to take advantage of more complicated smart contracts on Bitcoin than have been possible in the past. Smart contracts are essential computer code that runs applications on blockchain networks. Pseudonymous developer Super Testnet boldly proclaimed…
Stock markets in the Asia-Pacific region and Europe saw gains on Thursday. This uptick was attributed to several factors: the UK’s economic recovery, China’s recent stimulus measures, and expectations surrounding the US consumer price index. The Hang Seng index in Hong Kong led the positive movement in the Asian markets. The rise on Oct. 12 came after reports that China’s…
Elon Musk is a streamer? The social media website X, formerly known as Twitter, hosted its first gaming stream — a 50-minute-long Diablo 4 gameplay — on October 6. The stream, which has over 42 million views at the time of writing, involved X owner Elon Musk playing Blizzard Entertainment’s latest title and answering questions from viewers. The stream happened…
Since at least the back half of the Stone Age, people have been getting tattoos. Designs have shifted over the millennia, from geometric patterns and body-spanning portraits all the way to beating red hearts dedicated to the mothers of the world. But despite changing tastes, much about the medium has not changed over the last twelve thousand years: tattoos have…
Evidence presented in court as a part of the ongoing criminal trial against Sam “SBF” Bankman-Fried, former CEO of FTX exchange, revealed that SBF believed Binance to have leaked an Alameda balance sheet to the media in 2022. On Oct. 11 Caroline Ellison, the former CEO of Alameda Research, said that SBF created a memo that dates back to Nov.…
Following the launch of its government-backed crypto exchange, the Southeast Asian country of Indonesia is becoming a budding crypto hub that aims to be one of the leaders in Web3 technology, according to Indonesian blockchain and metaverse executives. At the recent crypto events in Dubai, Cointelegraph spoke with Grace Sabandar, the co-founder of the Indonesia Blockchain and Metaverse Center (IBMC)…
