An uptick in Ethereum network activity was accompanied by a 498% rise in ETH gas fees. Will Ether price respond? Source: https://cointelegraph.com/news/ethereum-gas-fees-rose-498-in-two-weeks-as-network-activity-surged-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Far-Right Groups Use AI to Spread Hitler Deepfakes, Report Warns
Far-right groups are leveraging artificial intelligence to spread deepfake videos of Adolf Hitler and other pro-Nazi imagery in an attempt to generate sympathy for the tyrant, according to a recent report by the UK-based non-profit Institute for Strategic Dialogue (ISD). Founded in 2006, the institute is a political advocacy organization that tracks disinformation and hateful speech online. According to its…
Ohio to consider accepting crypto for tax payments and fees
They tried once in 2018, but the State Board of Deposits “failed” to show any enthusiasm. Source: https://cointelegraph.com/news/ohio-bill-cryptocurrency-tax-payments-investment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum Restaking Project EigenLayer Set to Unlock Tokens at $6.7 Billion Valuation
Ethereum restaking protocol EigenLayer’s token will soon be unlocked for trading, nearly five months after the first tokens were airdropped to early users. The Eigen Foundation, the organization behind the restaking protocol, said on Twitter (aka X) that EIGEN will be unlocked late Monday at 9pm PT, aka 12am ET Tuesday. Binance, the world’s biggest crypto exchange, today said that…
4 times key players in crypto were accused of insider trading
There have been some high-profile instances of insider trading at major exchanges that show a larger issue underneath. Source: https://cointelegraph.com/news/crypto-accused-insider-trading?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hive Digital expands focus from crypto mining to AI data centers
Hive’s strategy targets meeting the rising demand for AI computing while boosting its balance sheet with green-mined Bitcoin. Source: https://cointelegraph.com/news/hive-digital-focus-crypto-mining-ai-data-centers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinshares: Inflows Into Digital Asset Products Reach $1.2 Billion
Coinshares, through its lead research analyst James Butterfill, has reported a third consecutive week of inflows into digital asset investment products. Total inflows amounted to $1.2 billion, reflecting a reaction to continued expectations of dovish U.S. monetary policy. Bitcoin Drives $1 Billion in Crypto Inflows, According to Coinshares According to Coinshares’ lead research analyst James […] Source: https://news.bitcoin.com/coinshares-inflows-into-digital-asset-products-reach-1-2-billion/
Debunking the 'Binance manipulator' theory: 3 reasons why the allegation falls short
Conspiracy theories about market manipulation run rampant in crypto social media, but the accusations of a “Binance manipulator” are pretty easy to debunk. Source: https://cointelegraph.com/news/debunking-the-binance-manipulator-3-reasons-why-the-theory-falls-short?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase to add proof of reserves to Bitcoin wrapper cbBTC
Adding proof of reserves will head off concerns about Coinbase’s perceived lack of transparency. Source: https://cointelegraph.com/news/coinbase-proof-of-reserves-bitcoin-wrapper-cb-btc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ICP HUB Bulgaria Unveils Formation3: A Web3 Accelerator of the New Economies
PRESS RELEASE. In a move to reshape the landscape of decentralized technology, ICP HUB Bulgaria is thrilled to announce the launch of Formation3, a cutting-edge Web3 accelerator designed to nurture and propel visionary startups through the power of the Internet Computer Protocol (ICP). As one of the leading hubs in Eastern Europe, ICP HUB Bulgaria […] Source: https://news.bitcoin.com/icp-hub-bulgaria-unveils-formation3-a-web3-accelerator-of-the-new-economies/