The card links to WisdomTree’s WTGXX onchain money fund, which yields 4.6% APR. Source: https://cointelegraph.com/news/wisdomtree-cardholders-spend-onchain-money-fund?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Only Bitfinex may get restitution in 2016 hack, per government filing
Bitfinex socialized the loss from the hack and reimbursed its customers within eight months, but potential victims can still come forward. Source: https://cointelegraph.com/news/bitfinex-2016-bitcoin-hack-restitution-us-government?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Latest Way to Catch a Virus: AI-Driven Porn Sites
Ever since the commercial internet began to reach mainstream users, porn sites have always been used to carry malware. The latest trend: Russian hackers are using AI-driven “deepnude generators”—applications that create nude images from user-uploaded pictures—to infect the stupidly horny. Worst of all, the hackers appear to be connected to FIN7, a notorious cybercrime group active since 2012. Last year,…
WBTC completes shift to multi-jurisdiction custody arrangement
Wrapped Bitcoin currently has a market capitalization of approximately $9.5 billion and a circulating supply of 154,782 tokens. Source: https://cointelegraph.com/news/wrapped-bitcoin-completes-shift-multi-jurisdiction-custody-arrangement?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Stablecoins No ‘Safe Haven’ From US Monetary Policy, Says European Central Bank
The European Central Bank (ECB) has challenged the idea that stablecoins are a “safe haven” for investors in times of market turmoil, finding they are actually highly impacted by U.S. monetary policy. The working paper examined the link between U.S. monetary policy, money market funds (MMFs), and stablecoins. “Monetary policy, in particular for the U.S. dollar, is the linchpin that…
Bitcoin’s drop below $62K shows BTC price remains on ‘delicate ground’
The battle between Bitcoin buyers and sellers continues as BTC price falls closer to a key support level. Source: https://cointelegraph.com/news/bitcoin-s-drop-below-62-k-shows-btc-price-remains-on-delicate-ground?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Island Nation Palau Puts Digital Savings Bonds on Blockchain
The government of Pacific Island nation Palau is testing out a blockchain-based savings bond system in a bid to raise capital to fund critical infrastructure projects on its islands. A public review of the digital savings bond platform began this week, although no bonds have been issued, project backer Japanese blockchain solutions firm Soramitsu said in a statement Tuesday. Funds…
Kraken Survey Reveals 59% of Crypto Investors Favor Dollar-Cost Averaging
A recent survey by Kraken reveals that a significant 83.53% of crypto investors have used dollar-cost averaging (DCA), with 59% employing it as their primary investment strategy. The survey, which polled 1,109 crypto investors, delved into the real-world effectiveness of DCA in helping investors manage market volatility and avoid emotional decision-making. Interestingly, younger investors (18-29 […] Source: https://news.bitcoin.com/kraken-survey-reveals-59-of-crypto-investors-favor-dollar-cost-averaging/
Ready Player One-Inspired ‘The Readyverse’ Launches Generative AI Building Tools
The Readyverse—a metaverse gaming world inspired by author Ernest Cline’s “Ready Player One” book and film, and other properties—is getting an injection of generative AI. Unveiled today at the Permissionless III conference in Salt Lake City, The Readyverse’s new AI model named Promptopia lets users generate new 3D objects in the game and in real-time using text prompts. According to…
a16z exec: Stablecoin regulatory clarity needed to avoid ‘FTX-level issue’
Chris Dixon is bullish on stablecoins but says Europe is currently leading the United States in protecting consumers and investors. Source: https://cointelegraph.com/news/a16z-executive-regulatory-clarity-needed-stablecoins-avoid-ftx-level-issue?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound