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Hedge Funds' Long-Term Crypto Interest Remains Robust Even as Proportion Investing Drops: PwC
13.7.2023
The percentage of funds with crypto exposure fell to 29% from 37% in the past year, though no traditional hedge funds plan to decrease their exposure in 2023
Stellar Coin is Going to Zero as XLM Price Falls 3% And Crypto Whales are Accumulating This New Meme Coin Instead – Just 4 Days Left
13.7.2023
The Stellar price has fallen by 0.5% in the past 24 hours, with its dip to $0.097024 coming as the cryptocurrency market as a whole falls by a similar percentage within the same time span.
XLM is now down by 3.5% in the past week but up by 14% in the last 30 days, with the altcoin also having...
Bitget reserves top $1.44B, claims to be debt free
13.7.2023
The cryptocurrency exchange claims its total proof-of-reserves ratio has reached 223% in its latest July report
First Mover Americas: Crypto AI Tokens Rally After Musk Unveils New Company
13.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Co-founder of Indian Crypto Unicorn 5ire to Depart Amid Internal Dispute – Here's the Latest
13.7.2023
Blockchain layer 1 network 5ire, which secured series A funding last year valuing the company at $1.5 billion, is now bidding farewell to one of its co-founders.
Vilma Mattila, one of the co-founders of 5ire alongside CEO Pratik Gauri and CTO Prateek Dwivedi, is stepping down from the company...
Aurus: The Future of Precious Metals and Blockchain – Exclusive Hypergrowth Benefits
13.7.2023
Aurus brings precious metals to crypto, enabling users to easily buy, trade, spend and earn gold, silver & platinum via blockchain technology. Join the community hypergrowth and benefit today. Imagine a world where gold can be exchanged as effortlessly as sending a tweet, and silver can be used...
Ethereum Tops New Crypto ESG Ranking, Bitcoin Slammed for Heavy Energy Usage
13.7.2023
Crypto data firm CCData released the first institutional-grade scoring system that evaluates digital assets focusing on environmental, social and governance aspects
Telegram Merchants Gain Access to In-App Crypto Payments for First Time
13.7.2023
Wallet, which is built on the TON blockchain, is allowing merchants to integrate cryptocurrency into the bots they use to accept payments in the messaging app
Hive Blockchain Shifts Focus to AI, Rebrands as Hive Digital Technologies
13.7.2023
Prominent crypto mining firm Hive Blockchain has rebranded itself to Hive Digital Technologies as the company shifts focuse toward artificial intelligence.
In a Wednesday statement, the Vancouver, Canada-based mining company said that the removal of "blockchain" from its name was a deliberate...
UK's New Online Safety Bill Applies to the Metaverse, Lawmakers Agree
13.7.2023
The bill, nearing approval, has measures to prevent children from experiencing harm online
Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss
13.7.2023
Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in the failed cryptocurrency exchange FTX. Temasek...
US industry watchdogs oppose draft bill on crypto market structure
13.7.2023
The group sent a detailed letter to the U.S. House Financial Services Committee accusing the crypto market of seeking favorable legislation under the guise of crypto innovation
Binance US Reacts to Bitcoin Cash FUD, Assures Users Their Funds Are Safe
13.7.2023
Binance’s U.S. platform has rejected rumors regarding its bitcoin cash (BCH) reserves, reassuring customers that their funds are safe. On Sunday, the exchange restored BCH withdrawals after a brief suspension attributed to a technical issue with the automated system managing deposit flows....
If good UX is like driving auto, Web3 is ‘driving stick’ — UX designers
13.7.2023
The high stakes of crypto applications mean developers often need to prioritize security — but that comes at the cost of poor user experience
Crypto miner Hive Digital drops 'blockchain' from name amid pivot to AI
13.7.2023
Hive made the rebrand to reflect its “evolving focus” on revenue opportunities in AI, cloud commuting and GPUs
Bitcoin ETF would be the 'seal of approval' from SEC: Mike Novogratz
13.7.2023
The Galaxy Digital founder believes approval of a spot Bitcoin ETF would essentially be a United States regulator and government nod for Bitcoin
US Inflation Hits Two-Year Low, Boosting Stocks and Precious Metals
13.7.2023
On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, with the index rising 0.2% on a monthly basis....
IRS probes crypto traders using Puerto Rico tax breaks: Report
13.7.2023
“The noose is tightening” for wealthy Americans suspected of exploiting Puerto Rico’s relaxed tax regime
US Senators reintroduce crypto bill aimed at comprehensive regulation
12.7.2023
The Responsible Financial Innovation Act will establish guardrails "to prevent another FTX-style event from occurring" in the wake of the 2022 market crash and many bankruptcies
The inevitable crypto shakedown begins: Why is DigiToads super resilient?
12.7.2023
There has been a lot of talk about crypto shakedown over the past few months. The chatter about a possible shakeout has also made many crypto users tizzy and impacted the prospects of many tokens. However, there is one crypto project that has managed to soldier amidst the frenzy and even clocked...