Sales of Non-fungible tokens (NFTs) have witnessed a notable uptick this past week, climbing 11.62% to hit $442.02 million over the previous seven days. The most significant transaction was the sale of the ‘Alien’ Cryptopunk #3,100, donning a headband, for $16 million, with Bitcoin-based NFTs claiming the lead in sales volume across 22 different blockchains. […] Source: https://news.bitcoin.com/nft-market-flourishes-with-an-11-62-rise-this-week-largest-ordinal-inscription-fetches-record-8-btc/
In February alone, criminals stole digital funds worth over $67 million from decentralized finance (defi) platforms. The latest Immunefi data shows that hacking attacks accounted for more than $65 million, or 97% of the month’s losses. The Ethereum blockchain suffered the most individual attacks, with 12 incidents representing 85.71% of the total losses across targeted […] Source: https://news.bitcoin.com/study-criminals-target-defi-platforms-steal-more-than-67-million-in-february-alone/
Gluwa, a platform for real-world assets, announced on March 7 its partnership with the Central Bank of Nigeria. The partnership arrangement aims to improve the functionality of the Nigerian central bank’s digital currency and promote financial innovation through blockchain technology. Improving the CBDC’s Utility Gluwa, a real-world assets platform, has entered into a partnership arrangement […] Source: https://news.bitcoin.com/nigerian-central-bank-real-world-asset-firm-partner-to-revive-struggling-cbdc/
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has reiterated that the crypto industry is filled with instances of abuse and fraud, citing a significant number of bankruptcies in recent years. He also cautioned investors in spot bitcoin exchange-traded funds (ETFs) that these products are based on a “highly speculative volatile underlying asset: bitcoin.” […] Source: https://news.bitcoin.com/sec-chair-gary-gensler-insists-crypto-field-is-rife-with-abuses-and-fraud/
The government of Hong Kong has announced Project Ensemble, an initiative that will test the functionality of a wholesale central bank digital currency (WCBDC) and the movement of tokenized deposits. If there is “sufficient interest” in the project, the Hong Kong Monetary Authority (HKMA) will conduct a live issuance of the WCBDC in the future. […] Source: https://news.bitcoin.com/hong-kong-launches-project-ensemble-a-wholesale-cbdc-and-tokenized-deposits-initiative/
The Wyoming governor, Mark Gordon, recently signed into law a bill that establishes a legal framework for regulating decentralized autonomous organizations under existing financial laws. The enactment of this law is also viewed as an effort to attract blockchain firms to Wyoming. New Law Reinforces Wyoming Crypto-Friendly Reputation Mark Gordon, the Republican governor of Wyoming, […] Source: https://news.bitcoin.com/wyoming-gov-mark-gordon-signs-legislation-recognizing-daos/
Alan Kohler, an Australian financial journalist, stated Bitcoin is an “insurrection,” given the tightly controlled rules that control the conditions behind its operation. Kohler explained that while bitcoin crashed tremendously in 2022, it constituted a “subversion to the whole basis of free-market financial capitalism” due to its regulated supply and controlled issuance, Adam Kohler States […] Source: https://news.bitcoin.com/financial-journalist-alan-kohler-bitcoin-is-an-insurrection/
If you’ve ever wished you could have a conversation with iconic Hollywood star Marilyn Monroe, you’ll soon have your chance—virtually, at least. San Francisco-based Soul Machines has announced “Digital Marilyn,” an interactive video avatar that the company says can provide a personalized, interactive, real-time experience. The idea, Soul Machine explained in a blog post, was fueled by more than nostalgia.…
OpenAI CEO Sam Altman will rejoin the company’s board of directors following the completion of an internal review of the circumstances surrounding his controversial removal in November 2023, the company announced late Friday. The AI giant has also expanded the board with three new members, amid enhancing its corporate governance structure and policies. Altman was abruptly removed from his post,…
The intricate saga of the Bitfinex heist, involving the disappearance of $4 billion in bitcoin, is being adapted for film. “Dutch & Razzlekhan” aims to vividly depict the bold cryptocurrency theft that impacted the cryptocurrency sector in 2016. From Heist to Hollywood: The Bitfinex $4 Billion Scandal Hits the Big Screen Directed by Jon S. […] Source: https://news.bitcoin.com/dutch-razzlekhan-a-cinematic-dive-into-the-bitfinex-hack/
