Ether price continues to plunge as troubled investors worry about the lack of spot Ether inflows, declining Ethereum network fees and a potential tech stock bubble bursting. Source: https://cointelegraph.com/news/why-is-ethereum-eth-price-underperforming-compared-to-the-wider-crypto-market?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Elon Musk-Themed Telegram Game ‘X Empire’ Reveals How Airdrop Tokens Will Be Allocated
Rising Telegram game X Empire, formerly known as Musk Empire, has announced first details on the criteria that will dictate how players are allocated tokens for its airdrop on The Open Network (TON). This comes ahead of the game’s mining phase ending on September 30, with the airdrop apparently just around the corner. The announcement details three criteria for players…
OpenSea receives SEC Wells notice, monthly NFT sales fall below $400M: Nifty Newsletter
OpenSea CEO Devin Finzer said that the NFT marketplace received a Wells notice from the SEC, suggesting potential enforcement action from the agency. Source: https://cointelegraph.com/news/opensea-sec-wells-notice-monthly-nft-sales-400-million-newsletter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Flow Brings World Tour Builder Series to Singapore Following Crescendo Upgrade
Layer-1 blockchain Flow is bringing its Flow World Tour builder series to Singapore later this month. Kicking off on September 19, the Flow World Tour invites blockchain builders to develop the next “killer app” across four categories: decentralized finance (DeFi), Sports, Social, and Gaming. “As major avenues of consumer traction, these four sectors present unparalleled opportunities for Web3 disruption,” a…
US regulator again delays decision on eco-friendly Bitcoin ETF
The carbon-offset Bitcoin ETF has been waiting on regulators since December 2023. Source: https://cointelegraph.com/news/us-regulator-again-delays-decision-eco-friendly-bitcoin-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
AI Chatbots Have Begun to Create Their Own Culture, Researchers Say
AI language models are developing their own unique social dynamics and cultural quirks after interacting with minimal supervision in a Discord server set up by Act I, a research project studying the capabilities of frontier models and their behavior in different scenarios. This experimental AI community is witnessing a fascinating (and unsettling) development: AI chatbots, left to interact freely, are…
Bitcoin’s Hashrate Nears All-Time Peak Despite Difficulty Bump and Revenue Loss
Despite a bump in mining difficulty and a drop in hashprice, Bitcoin’s total hashrate is still on the rise. In fact, on Wednesday it’s just 12 exahash per second (EH/s) away from reaching its peak of 677 EH/s, which was recorded on July 25. Bitcoin Mining Operations Push Through Lower Hashprice, Nearing Record Hashrate On […] Source: https://news.bitcoin.com/bitcoins-hashrate-nears-all-time-peak-despite-difficulty-bump-and-revenue-loss/
Nigerian judge pushes Binance exec’s bail hearing to Oct. 9
Detained in Nigeria for more than six months and with reported health problems, Tigran Gambaryan awaits a judge’s decision following another bail application. Source: https://cointelegraph.com/news/nigeria-judge-binance-bail-hearing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump Crypto Project Aims to Maintain US Dollar Supremacy With Stablecoins
The team behind World Liberty Financial, an upcoming crypto project promoted by the Trump family, said Wednesday that the DeFi platform aims to maintain global U.S. dollar supremacy through the use of stablecoins. The revelation comes after CoinDesk reported that a leaked white paper for the project details a borrowing and lending platform reminiscent of Dough Finance, a recently hacked…
Bitcoin investors ‘relatively profitable’ even as the bull market takes a pause
A growing number of short-term Bitcoin traders’ positions are held at a small loss, but data shows a healthy market when compared to previous bull cycles. Source: https://cointelegraph.com/news/bitcoin-investors-relatively-profitable-even-as-the-bull-market-takes-a-pause?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound