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Today in Crypto: India's Central Bank Proposes AI-powered Conversational Payments System, India Wants to Utilize Crypto to Digitally Sign Documents, UK Recruiting For CBDC Academic Advisory Group
10.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: India's Central Bank Proposes AI-powered Conversational Payments System, India Wants to Utilize Crypto...
Coinbase's Much-Hyped Base Blockchain Draws Modest $10M of Inflows on Day One
10.8.2023
However, nearly $166 million had already flowed to the blockchain ahead of the official launch
PancakeSwap Deploys on Ethereum Scaling Network Arbitrum in Expansion Drive
10.8.2023
The decentralized exchange has expanded to several networks this year in the search for new users and revenue streams
After Co-Founding Salesforce’s Web3 Studio, Mathew Sweezey is Bullish on Smart Tokens
10.8.2023
The former Salesforce executive who entered Web3 during the NFT boom of 2021 sees smart tokens, aka the ERC-5169 token standard, as a gateway for companies to create new digital ownership opportunities
Bitcoin, Ethereum Technical Analysis: BTC, ETH Slip on Thursday, Despite Inflation Cooling Off in US
10.8.2023
Bitcoin retreated from a recent high on Thursday, in light of a much anticipated inflation report from the United States. The consumer price index declined to an annual rate of 3.2% last month, with core inflation falling to 4.7%. Ethereum also slipped into the red. Bitcoin Bitcoin (BTC) gave...
Coinbase's Blockchain Gambit: A Solution to Six Consecutive Quarters of Losses?
10.8.2023
Coinbase is launching its Ethereum (ETH) layer-2 scaling solution Base, which could help reverse the company's streak of six consecutive quarters of losses.
The new platform aims to enable developers to build their own crypto applications, expanding Coinbase's revenue streams beyond its core...
Y00ts NFTs Announce Migration to Ethereum, Will Return $3 Million Polygon Grant
10.8.2023
After shifting from Solana to Polygon earlier this year, the y00ts non-fungible token (NFT) project has announced that it is once again migrating its base from Polygon to Ethereum blockchain.
The y00ts project, once a prominent player on Solana's network, made waves earlier this year by migrating...
Ethereum Co-founder Vitalik Buterin Shares Insights on Sam Bankman-Fried’s Reputation
10.8.2023
Ethereum co-founder Vitalik Buterin has revealed that a larger section of the crypto community did not respect Sam Bankman-Fried as depicted by the mainstream media.
Buterin has been a long critic of Bankman Fried since the collapse of the latter’s digital asset exchange, FTX, and has made...
y00ts is moving to Ethereum, joining DeGods in the club
10.8.2023
An announcement has come from y00ts with the team stating that it is soon moving up the ladder with Ethereum. This comes months after it concluded its migration to Polygon and secured a grant worth $3 million. A commitment has been made by y00ts to return the funds so that Polygon can redeploy them...
Bitrefill Adds Support for eSIM Purchases With Cryptocurrencies
10.8.2023
Bitcoin-friendly mobile top-up platform Bitrefill announced support for eSIM purchases with a number of cryptocurrencies. The service will allow travelers to have access to fast internet in different countries around the world after buying prepaid data plans using their digital coins. You Can...
NFT project y00ts to return $3M grant as it ditches Polygon for Ethereum
10.8.2023
DeLabs has promised to return the $3 million grant initially provided by Polygon Labs to support y00ts from Solana to Polygon
Y00ts NFT Collection is Migrating to Ethereum After Accepting $3M Grant From Polygon
10.8.2023
DeGods project leader Rohun Vora, known as Frank, said that the move aims to "unite the DeGods and y00ts communities" on the same blockchain. Polygon said it would re-deploy some of the returned funds to support its native builders and creators
The Protocol: Coinbase Launches Own Blockchain as Sleuths Scour PayPal's Stablecoin Software
10.8.2023
In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. The Protocol is CoinDesk's weekly newsletter devoted...
Price analysis 8/9: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT
9.8.2023
Bitcoin's sharp recovery to $30,000 proves that bulls are buying BTC and altcoins at lower support levels
Bitcoin Price Could Rise to $180,000 by 2024 Halving, Says Fundstrat
9.8.2023
In a recent note to investors, Fundstrat has forecasted a potential surge in the price of bitcoin to an astonishing $180,000 before its next block reward halving event in April 2024. The financial services company attributes this projected 521% price hike from current levels to the rising demand...
Introducing BTC20: The Green Bitcoin on Ethereum Launching Tomorrow – How to Buy?
9.8.2023
An exciting new “green” version of Bitcoin called BTC20 is about to launch on the Ethereum blockchain, and industry experts are already hailing it as a coin with massive potential.
BTC20 has the same tokenomics design as the original Bitcoin, with a maximum supply of 21 million tokens which follow...
Bitcoin, Ethereum Technical Analysis: BTC Surges Above $30,000, as Moody’s Downgrades 10 US Banks
9.8.2023
Bitcoin moved above $30,000 late on Tuesday, as markets reacted to the news that rating agency Moody’s had downgraded several U.S. banks. The list includes State Street, Northern Trust, and Bank of New York Mellon. Ethereum was marginally higher. Bitcoin Bitcoin (BTC) briefly rose back above...
Bitcoin Price Retargets $30,000, But This Ethereum-Based Alternative Could See More Explosive Upside – Staking Starts Today, Lists on DEXs Thursday
9.8.2023
The Bitcoin price (BTC) is rallying to retarget $30,000, but analysts are tipping exciting new Ethereum-based Bitcoin alternative BTC20 for explosive upside when it lists on Thursday 10th.
Staking of the BTC20 token starts later today at 3 pm UTC....
Read More: Bitcoin Price Retargets $30,000...
Ethereum Price Prediction as ETH Breaches $1,800 Level – Time to Buy?
9.8.2023
The price of Ethereum (ETH) has risen by 1.5% in the past 24 hours, surpassing $1,800 as increasingly positive expectations surrounding a Bitcoin ETF helped the cryptocurrency market as a whole to rise yesterday.
ETH is now in the green – although only just – over the past week, fortnight...
Coinbase Exec: ‘There’s No Playbook’ for Public Company Launching Blockchain
9.8.2023
As Coinbase, the big U.S. crypto exchange, plans to launch its new Base blockchain on Wednesday, CoinDesk interviewed Jesse Pollak, who’s leading the effort. Here’s an excerpted version