Cosmos-based networks Umee and Osmosis will merge via a software upgrade, according to a Dec. 4 announcement. Umee’s UX Chain code will be reimplemented on the Osmosis chain, allowing features of the two networks to be combined and creating what the development teams call a “DeFi Hub” for the Cosmos ecosystem. Umee user interface. Source: Umee. Umee is a decentralized…
The 2023 United Nations climate change conference saw several new initiatives aimed at innovating the fight against climate change and streamlining the complex carbon credit markets. Among a sea of announcements and partnerships, Envision Blockchain, in collaboration with HBAR Foundation and Swirlds Labs, announced a new open-source Managed Guardian Service (MGS) platform focused on digitized and digital measurement, reporting, and…
Bitcoin (BTC) faces sharp volatility as the new week begins with BTC price action focusing on $42,000 — can it endure? The largest cryptocurrency, fresh from weekend gains which topped 10%, is still keeping traders guessing over its next move. While a trip to $40,000 was well anticipated, the question now is whether or not the latest move represents the…
Jan3 CEO Samson Mow has said that comparing Bitcoin to crypto is like comparing “an aircraft to a paper airplane.” Ripple CEO Brad Garlinghouse said, “It will be a multichain world.” These opposing statements are the latest front in the longest-running feud in cryptocurrency — the battle between Bitcoin (BTC) and everything else that followed. For the crypto masses, those…
The cryptocurrency exchange ByBit released its 4th quarter report on Dec. 4, highlighting and comparing trends between its institutional and retail investors. The report found that institutional traders had some 45% of their assets in stablecoins, with the remaining split 35% in Bitcoin (BTC), 15% in Ether (ETH) and only 5% in altcoins, which the exchange categorizes as anything other…
In a series of posts on Twitter, Coinbase CEO Brian Armstrong argued that by providing an alternative to the reserve currency, Bitcoin “may be the key to extending western civilization.” Armstrong said that as the country controlling the reserve currency, the U.S. is on the path to inflating the money supply and increasing deficit spending, “until it loses that advantage.”…
The emergence of generative artificial intelligence (AI) has presented modern society with new means for understanding and visualizing the world. Meta, the parent company of social media platforms Facebook and Instagram, recently introduced new AI video and image-generating tools for creators, while OpenAI updated the premium version of its popular AI model ChatGPT to include powerful text-to-image generating capabilities. As…
The most effective founders are resilient individuals with a growth mindset who are great delegators. Source: https://cointelegraph.com/news/on-chain-organizations-skeptics-maxis-and-what-is-realistic
Bringing the global crypto and blockchain communities together in Istanbul, Turkey, the Binance Blockchain Week 2023 was a clear indicator that the Web3 ecosystem continues to grow regardless of price movements. Despite being a Binance event, the conference housed several key players from the crypto industry. Among them was Trust Wallet, a decentralized Web3 wallet provider acquired by Binance back…
Brazilian bank Itau Unibanco has launched a cryptocurrency trading service for its clients as part of its investment platform, Reuters reported on Dec. 4. Itau, the largest bank by assets in Brazil and one of the leading lenders in Latin America, is debuting crypto trading with Bitcoin (BTC) and Ether (ETH), digital asset head Guto Antunes reportedly said. In the…
