Global investment firm Guggenheim Treasury Securities has issued the first Digital Commercial Paper (DCP) on Ethereum, as the tokenization of financial instruments on blockchains gains traction among traditional finance giants. Commercial paper is a kind of short-term debt security that corporations sell to raise funds. It differs from other debt instruments such as bonds and loans because it is unsecured…
Bitcoin’s strong rally puts it in a “good position” where the 200-MA and $65,000 level could potentially serve as a new level of support. Source: https://cointelegraph.com/news/bitcoin-analysts-say-btc-is-in-a-good-position-above-the-200-ma-and-65-k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The WazirX crypto exchange hackers have nearly completed their efforts to launder the $230 million haul through coin mixer Tornado Cash, throwing a wrench into the efforts to recover funds for affected users. Hackers have moved 15,000 ETH (nearly $40 million today) since Monday night across scores of transactions. The development followed the High Court of Singapore granting the Indian…
Analysts from the Kobeissi Letter, a global capital markets commentary, have assessed that the behavior of silver, which is experiencing a larger bull market than gold, may forecast a significant upcoming macroeconomic crisis. According to Kobeissi, silver and gold could anticipate a similar inflation curve to the one observed in the 1970s. Silver Bull Run […] Source: https://news.bitcoin.com/analysts-link-silver-bull-market-to-upcoming-macroeconomic-crisis/
According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%. Source: https://cointelegraph.com/news/key-misunderstanding-china-purported-bitcoin-hashrate-dominance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
It’s a good day to be a degen. That’s especially true if you invested in Moo Deng (MOODENG), the viral coin that’s making explosive gains this week, but it isn’t only baby pygmy hippo coins that are deep in the green today. The top 10 meme coins are all up over the past 24 hours, with many notable projects jumping…
Gary Gensler reminded a conference on Treasury bonds about a proposed rule change that would impact DeFi, too. Source: https://cointelegraph.com/news/sec-exchange-definition-digital-asset-rules?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A $40 million developer incentive and upcoming mainnet upgrade translated to price upside for AVAX. Source: https://cointelegraph.com/news/avax-price-rallies-after-avalanche-development-incentive-and-mainnet-upgrade-announcement?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The crypto-friendly billionaire appears to be throwing his full support behind US presidential candidate Kamala Harris. Source: https://cointelegraph.com/news/mark-cuban-wants-gary-gensler-job-head-sec?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto.com has introduced a new artificial intelligence (AI) tool designed to aid developers in integrating natural language capabilities with blockchain functions. The new software development kit (SDK) aims to streamline development within the Web3 ecosystem by enabling easier interactions with Crypto.com’s services and blockchain protocols. AI Meets Blockchain: Crypto.com’s Latest Tool for Developers According to […] Source: https://news.bitcoin.com/crypto-com-unveils-ai-powered-sdk-for-blockchain-developers/
