Victor Miller entered the race and now uses a nickname to distinguish himself from the “Virtual Integrated Citizen, The Official Robot” he says is on the ballot. Source: https://cointelegraph.com/news/wyoming-mayor-cheyenne-ai-government?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
FOMO HOUR 183 – WE ARE NOW SHITCOINING ON TRON
FOMO HOUR 183 – WE ARE NOW SHITCOINING ON TRON Crypto follows stocks higher, BTC rallies to $61k. SOL funds saw largest weekly outflow ever. Tether mints another $1bn on Tron. SEC blocked SOL ETF from CBoE. China classifies crypto for money laundering. DNC platform doesn’t mention crypto. Rumours Gensler may be Treasury Secretary pick. Chrome extension ‘Bull Checker’ leads…
Tether to Launch USDT Stablecoin on Aptos Blockchain
Tether, the issuer of USDT, the largest dollar-pegged stablecoin in the crypto market, has announced the launch of its star product on Aptos, a scalable and rapid blockchain. Tether seeks to offer rails with “extremely low gas fees” for USDT users, opening opportunities for the development of new use cases such as microtransactions and large-scale […] Source: https://news.bitcoin.com/tether-to-launch-usdt-stablecoin-on-aptos-blockchain/
Bitcoin short-term holders ‘over-reaction’ a factor in BTC’s drop below $50K — Glassnode
Glassnode says short-term holders have “carried the brunt” of losses from Bitcoin’s recent drop below $50,000. Source: https://cointelegraph.com/news/bitcoin-short-term-holders-over-reaction-a-factor-in-btc-s-drop-below-50-k-glassnode?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
State Street and Taurus Collaborate on Crypto Tokenization
State Street’s New Digital Asset Strategy State Street, a leading global custody bank managing $44.3 trillion in assets, has selected Taurus, a specialist in cryptocurrency custody and tokenization, to advance its digital asset services. The partnership comes as the bank prepares to navigate U.S. regulatory challenges, focusing initially on tokenization rather than direct crypto custody. Initial Focus on Tokenization The…
Babylon Set for Phased Mainnet Rollout
Babylon’s Mainnet Launch Scheduled for August 22 Bitcoin staking platform Babylon, spearheaded by Stanford University professor David Tse, is set to begin the phased launch of its mainnet this week. The project aims to introduce staking functionality to Bitcoin, a feature traditionally absent from the largest cryptocurrency network. The initial phase of the launch will commence on August 22, allowing…
Grayscale’s Share of Bitcoin ETF Market Falls Below 25% as Rivals Rise
Despite having a massive head start on the Bitcoin exchange-traded fund (ETF) market when Bitcoin ETFs were approved in January, Grayscale has seen its first-mover advantage evaporate. The firm is a leading fund manager within the crypto space, and last year won its appeal against the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Bitcoin Trust (GBTC) into…
AI Depin Project Grass Concludes Closed Beta and Outlines Airdrop Details
Grass, a depin AI web crawling project, has announced the end of its closed beta phase and outlined the requirements that users must fulfill to be eligible for an upcoming airdrop. The project announced that it will provide more details about the distribution of its token rewards, but that weighted epoch network participation would be […] Source: https://news.bitcoin.com/ai-depin-project-grass-concludes-closed-beta-and-outlines-airdrop-details/
Bitcoin Struggles Amid Global Market Rebound
Bitcoin and the broader cryptocurrency market are experiencing significant losses in August, despite a rebound in global stocks and other asset classes. The largest digital asset has fallen approximately 9% this month, underperforming compared to MSCI Inc.’s world share index, which has gained nearly 1%, and a surge in gold prices to record highs. A Bloomberg global bond gauge has…
Bitwise Expands Crypto ETF Portfolio with ETC Group Buy
Bitwise Asset Management, a prominent cryptocurrency ETF provider, has acquired London-based digital asset issuer ETC Group. This acquisition will elevate Bitwise’s assets under management (AUM) to $4.5 billion, according to a company press release. ETC Group, known for its physically-backed Bitcoin fund, contributes approximately $1.1 billion in AUM to the deal. Strategic Expansion and Global Reach San Francisco-based Bitwise, which…