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2024: The Year AI and Crypto Converge – Major Boom Incoming?
28.12.2023
Source: Adobe / Yan As we approach 2024, analysts foresee a convergence of artificial intelligence (AI) and web3 technologies leading to a flourishing subsector within the crypto space. The maturation of both AI and crypto has paved the way for innovative developments that could redefine...
Student by Day, Crypto Miner by Night: NYU Undergrad’s $6 Million Empire
28.12.2023
Source: AdobeStock / LIGHTFIELD STUDIOS Jerry Yu is a 23-year-old student at New York University. He’s also the majority owner of a Bitcoin (BTC) mining farm in the US, fighting legal battles and various allegations. Yu, a Chinese national and US resident, is what the Chinese call...
Assessing Market Trends: Why Solana (SOL) and Retik Finance (RETIK) are the tokens for Long Term Profits
28.12.2023
In this article, we embark on a journey across the cryptocurrency seas, steering toward the shores of long-term profits. Our compass guides us to two promising tokens: Solana (SOL) and Retik Finance (RETIK), showing noteworthy potential amid the ever-changing market trends. Solana creates ripples...
Vitalik Buterin Proposes Simplified Ethereum Proof of Stake Design
28.12.2023
Source: DALL·E Ethereum co-founder Vitalik Buterin has proposed three alternative methods aimed at simplifying the Ethereum blockchain’s proof of stake design. This initiative, according to Buterin’s latest blog post, is intended to address a potential systemic complexity within...
Donald Trump Sells $2.4 Million Ethereum: Arkham Intelligence
28.12.2023
Source: Pixabay / heblo (Edited by Hongji Feng) Former U.S. President Donald Trump has sold a substantial amount of Ethereum, amounting to $2.4 million, according to Arkham Intelligence. In a recent post, the blockchain intelligence firm Arkham Intelligence shared a screenshot of a crypto wallet’s...
Japanese Crypto Newbies ‘Flock to Mercari, Rakuten Wallet’ – Survey
28.12.2023
Source: mehaniq41/Adobe First-time Japanese crypto investors are most likely to choose exchanges operated by Mercari and Rakuten, a new study has found. The survey was conducted by Mobile Marketing Data Labo, who asked 30,000 Japanese men and women aged between 20 and 69 about their crypto exchange...
Digital Asset Products Record $103 Million Inflows as Assets Under Management Maintains $52 Billion Position
28.12.2023
Source: Adobe / Luisa Cryptocurrency funds recorded $103 million inflows in the penultimate week of the year as institutional investors keep momentum toward a spot Bitcoin (BTC) ETF approval by the Securities and Exchange Commission (SEC). Recent data provided by CoinShares shows massive inflows...
Elon Musk Weighs in on NFT Technology — Here’s What He Thinks
28.12.2023
Image Source: YouTube/Fox News Elon Musk has again shared his opinion about the current structure of non-fungible tokens (NFTs), noting that embedding JPEG images into a blockchain can establish exclusive ownership for enthusiasts. On December 27, Musk responded to a comment on his platform,...
South Korean Biz Exec Bailed as ‘Bithumb Market Manipulation’ Probe Continues
28.12.2023
Source: Global Image Archive/Adobe A South Korean court has released a media mogul and business executive on bail as a probe into market manipulation and insider trading at the crypto exchange Bithumb continues. The executive, Won Young-sik, is the former CEO of Chorokbaem Group, the parent firm...
Taproot Wizards Contributor Launches Script To Remove Bitcoin Ordinals Inscriptions
27.12.2023
Source: Pixabay A contributor to Taproot Wizards has launched a script to reject Ordinals inscriptions. In an X post published on Tuesday, Rijndael, Taproot Wizards’ chief technology officer, announced that he had published a script to “rid your node of inscriptions.” “Merry Christmas,...
Bitzlato Suspends Bitcoin Withdrawals Indefinitely After Founder Pleads Guilty to Unlicensed Money Transmitting
27.12.2023
Source: Pixabay Crypto exchange Bitzlazo has temporarily suspended the withdrawal of Bitcoins from its platform. In a Telegram post published on Wednesday, the Hong Kong-based crypto exchange announced that it had suspended special balance withdrawals and technical customer support as a “temporary...
Crypto Analyst Lark Davis Predicts Ethereum Price to Surge to $15,000 in 2024 — Here’s the Latest
27.12.2023
Source: AdobeStock Cryptocurrency analyst Lark Davis has predicted that Ethereum will reach a price of $15,000 per coin in the upcoming bull cycle of 2024-2025. Despite the asset’s relatively subdued performance this year, Davis foresees a significant upswing that could potentially yield...
Most Top Crypto Apps Track Users: Robinhood Most Data-Hungry, Binance Brings a Surprise
27.12.2023
Source: AdobeStock / tashatuvango Popular cybersecurity company Surfshark recently analyzed the 15 most popular crypto apps to find out how much data each collects. They found that nine of these use collected data to track their users. But it’s not just how much data is collected, but how it’s...
Web2 Platforms Aim To Make Web3 Development Easy, But Will This Hurt The Industry?
27.12.2023
Source: AdobeStock / Sergey Nivens Web3 activity has increased over the course of 2023. According to a recent report from DappRadar, the decentralized application industry (dApp) achieved a milestone of 3.4 million daily Unique Active Wallets (dUAW) in November. The report notes that this...
Worldcoin (WLD) Launches World ID 2.0 with Iris Scanner Orb Authentication in Singapore
27.12.2023
Source: Pixabay The global project focused on digital identity and finance, Worldcoin (WLD), has recently introduced World ID 2.0 in Singapore, in the latest sign of growing global interest in proof of personhood and the Worldcoin project, allowing users to verify their humanness at an Orb....
Lawmaker Raises Red Flags Over Hong Kong’s Stablecoin Regulation Proposal
27.12.2023
A Hong Kong lawmaker expressed worries that new stablecoin regulations could disrupt crypto markets. Image by mehaniq41, Adobe Stock. Today, Hong Kong’s financial authorities—the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA)—unveiled their plan...
$2.2 Billion Illegal Forex Operation Busted by Chinese Authorities Using Crypto Platforms
27.12.2023
Source: Adobe / Alen Chinese authorities have reportedly dismantled an illegal underground banking operation that moved some $2.2 billion between China and other countries using overseas “virtual currency trading platforms.” On December 24, an account on social media app WeChat run...
Blockchain Security Firms Warn of Advanced AI Crypto Scams in 2024
27.12.2023
Source: Adobe / ink drop Blockchain security firms are cautioning crypto projects and investors about the looming threats of more sophisticated AI-powered scams in 2024. Despite the improvement seen in scam and hack-related losses, dropping from $4 billion in 2022 to $1.7 billion in 2023, experts...
Solana and Avalanche Take the 2023 Throne with 620% and 290% Price Growth + More News
27.12.2023
Source: AdobeStock / Vector Archive Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: 2023 Winners: Solana and Avalanche Take the Throne with 620% and 290% YTD Price Growth Waterfall Network...
Solana Price Prediction as SOL Drops 10% – Time to Buy the Dip?
27.12.2023
Solana. Source: Adobe The price of SOL, the native cryptocurrency of the smart-contract-enabled layer-1 Solana blockchain protocol, continues to cool following a meteoric rise in the past few weeks. SOL was last changing hands around $112 per token, down roughly 10% from highs printed earlier...