2 pig butcher busts: Feds recover $5M, ex-Kansas bank CEO jailed
United States prosecutors announced nearly $5 million worth of Tether (USDT) has been seized from a crypto scammer, while in Kansas, a former bank CEO is going to jail for embezzlement.
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Extreme leverage drove $500 million worth of BTC liquidations in one hour
The latest Bitcoin correction triggered a record $500 million worth of liquidations in 60 minutes on major exchanges. 1162 Total views 10 Total shares The Bitcoin markets emphatically rejected the $60,000 price range on March 15, with excessive leverage driving a record $500 million worth of long liquidations over just 60 minutes.Glassnode’s founders, Jan &…
Bitcoin Hovers Around $10,130 as Altcoins Suffer Minor Losses
On Aug. 24, most of the top 20 cryptocurrencies are suffering moderate losses on the day while Bitcoin (BTC) hovers around the $10,130 mark.Market visualization courtesy of Coin360Bitcoin price is currently down by 0.6% on the day, trading at around $10,130 at press time, according to Coin360.Bitcoin 7-day price chart. Source: Coin360Ether (ETH) is holding onto…
WeatherXM: Revolutionizing weather data with Web3 and IoT
This episode explores how WeatherXM transforms weather data collection and forecasting using decentralized Web3 technology and the Internet of Things, making it more accurate, accessible and community-driven.
Near Foundation sets up $40M fund to bail out USN investors in case of collapse
The program was launched after Decentral Bank, the issuer of NEAR-native stablecoin USN, raised concerns about the stablecoin depegging due to algorithmic failure. Near Protocol’s in-house stablecoin, USN, recently became undercollateralized, forcing Near Foundation to recommend winding down USN to prevent a situation similar to the Terra (LUNA) and UST collapse. Supporting this move, the…
Study: Blockchain in Healthcare Market to Surpass $1.6 Billion by 2025
The value of the blockchain technology in healthcare market is expected to surpass $1.6 billion by 2025, according to global market research and consulting firm Global Market Insights.In a press release published on Sept. 9, Global Market Insights estimated that the blockchain in healthcare market will grow due to a number of factors such as…
JPMorgan Chase launches AI tool for research analyst tasks
JPMorgan Chase has introduced LLM Suite, an AI-driven tool similar to ChatGPT, to boost productivity in its asset and wealth management division.
Miners Have Been Selling More Bitcoin Than They Generate, Recent Data Suggests
Last week, Bitcoin miners reportedly sold 11 per cent more coins than they generated over the same period. Last week, Bitcoin (BTC) miners sold 11 per cent more coins than they generated over the same period, June 1 data from on-chain analysis portal ByteTree suggests.According to the portal's metric that tracks Bitcoin wallet addresses associated…
Nestlé Rises to DLT Challenge, Expands IBM Food Trust Blockchain Tool to Coffee
Global implementation of blockchain technology in the food industry continues to grow as the world’s biggest food and beverage company, Nestlé, doesn’t put its blockchain efforts on hold.On April 6, Nestlé announced that the company is expanding its long-running IBM Food Trust blockchain technology platform to its coffee brand Zoégas.Getting all necessary coffee info from…