May 2023 | Page 30 of 211 | Last Cryptocurrency News Feed

A week filled with exploits and uncertainty for DeFi: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.After a bullish April, May was another month of exploits, rug pulls and hacks, bringing back uncertainty to DeFi. The most prominent headline marker in the past week…

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Charles Hoskinson: Cardano (ADA) is Substantially More Decentralized Than All Cryptocurrencies

Cardano founder Charles Hoskinson believes the project’s decentralization would act as a “wake-up” call for the industry. In a recent update to the community, Hoskinson said ADA is “substantially more decentralized” than all cryptocurrencies in the market. The exec stressed that the Cardano Improvement Proposal (CIP-1694) – which is a mechanism for on-chain governance that…

Cointelegraph Feed

Neuralink gets FDA approval for ‘in-human’ trials of its brain-computer interface

The Neuralink device is designed to be surgically implanted and, according to CEO Elon Musk, will eventually be marked to the general public. 66 Total views 3 Total shares Elon Musk’s brain-computer interface startup, Neuralink, reportedly received approval from the United States Food and Drug Administration (FDA) to conduct some form of “in-human” trials for…

Cointelegraph Feed

Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?

Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity.The latest Macro Markets show begins by exploring why the crypto market capitalization is some 60%…

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Atlanta Fed explains Web3 finance, including XRP ‘international payment medium’

The highly accessible introductory text mentions all the concepts and names a curious reader would need, along with some assessments. 631 Total views 37 Total shares The Federal Reserve Bank of Atlanta has piqued the interest of the crypto community with a recent publication in its Policy Hub series on the implications of Web3 for…

CoinDesk Feed

Striving for the Impossible: Reasonable Crypto Debate

Crypto in the U.S. is more polarized and politicized than ever.Ironically, that’s a sign that the issues around this technology have become less of a fringe concern for ordinary Americans. With Florida governor Ron DeSantis signaling his fidelity to Bitcoin in his presidential candidacy launch and President Biden accusing Republicans of protecting “crypto traders'' during…

Cointelegraph Feed

Price analysis 5/26: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin (BTC) remains pinned below $27,000 and the recent weakness of the past few days has increased calls from analysts for a fall to the low $20,000 levels. While anything is possible, the bulls are unlikely to give up the $25,000 support without putting up a fight.Glassnode’s lead on-chain analyst Checkmate said in his comments…

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AI That Gives Investment Advice? JP Morgan Working on ChatGPT Alternative

JP Morgan is developing an artificial intelligence service similar to ChatGPT geared towards offering users investment advice. The software service, titled “IndexGPT,” will tap cloud computing software using AI to analyze and select securities based on its customers’ needs. AI Investing With JP Morgan As reported by CNBC, JP Morgan applied to trademark a product…

CoinDesk Feed

Binance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl

Key players in the crypto ecosystem are shoring up their defenses amid growing concerns over the state of Multichain, a major venue for moving assets between different blockchains.Four days after apparent technical issues started throttling some users’ ability to withdraw tokens from the protocol, wild rumors over Multichain’s safety and the fate of its team…

CoinDesk Feed

Worldcoin and the Intellectual Decline of Venture Capital

Yesterday, the company behind the Sam Altman-fronted Worldcoin project announced it had raised $115 million dollars in venture capital. The raise looks like an atavistic last gasp for the kind of prestige-driven, slot-machine structured Silicon Valley fundraising fostered by a decade of cheap money. Because whether on ethical or financial grounds, there seems little rational…