Adobe rival Procreate bets against gen AI to support human creativity
In stark contrast to mainstream competitors, Procreate has said it would not use Gen AI features in its products to protect artists.
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US SEC Delays Decision on Direxion Bitcoin ETF Until September
Investment firm Direxion has had the review of its Bitcoin exchange-traded fund (ETF) application postponed until September 21. The news about the delay comes from an official document released by the U.S. Government Publishing Office July 24. An announcement from the U.S. Securities and Exchange Commission (SEC) said it was “appropriate” to delay its decision,…
World Economic Forum Debuts Framework for Central Bank Digital Currency
The World Economic Forum (WEF) — together with some of the world's major central banks — has created a central bank digital currency (CBDC) policymaker toolkit.According to an announcement on Jan. 22, the toolkit is the WEF's attempt to help policy-makers understand whether deploying a CBDC would be advantageous and guide them through its design.The…
Bitcoin attacks last resistance before $50K with BTC price daily close now crucial
What happens at the end of the day will determine the extent of Bitcoin's breakout and what might lie ahead, analysts say. 1093 Total views 446 Total shares Bitcoin (BTC) climbed to new multi-month highs later on Aug. 20 as an extended rebound took hold of crypto markets.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewDaily close…
Reported volume of top South Korean crypto exchanges surpasses that of the country’s stock market
The increase in volume came as the price of Bitcoin rose to a new all-time high of more than $61,000 Saturday. 4219 Total views 34 Total shares The volume of transactions in the South Korean digital currency market briefly exceeded the daily average transaction amount of the country’s stock market on Sunday.According to data from…
Coinbase handled trades and custody for Meitu’s $90M crypto investment
Meitu chief financial officer Gary Ngan said the firm would have faced difficulties acquiring crypto on its own as a listed company. 3931 Total views 21 Total shares Crypto exchange Coinbase's institutional custody platform helped execute the purchase and custodying of roughly $90 million of Bitcoin and Ether for Chinese tech company Meitu.In a blog…
China’s State-Run Media: Bitcoin Is Blockchain’s First Success
The official Chinese state-run Xinhua News Agency has published a report recognizing Bitcoin (BTC) as “the first successful application of blockchain technology.” Published today, Nov. 11, the coverage is exceptional given China’s abiding hardline stance against decentralized cryptocurrencies, as epitomized by Beijing’s historic September 2017 blanket ban on crypto exchanges and initial coin offerings. Even-handed exposureThe Xinhua…
What is an infinite mint attack, and how does it work?
Learn about the devastating “infinite mint attack” in cryptocurrency. Understand how hackers exploit vulnerabilities to create unlimited tokens, causing massive inflation and price crashes.
Elissa Shevinsky joins Cointelegraph as Chief Technology Officer
Former Head of Product at Brave looks to drive crypto media platform's evolution. 611 Total views 7 Total shares Cointelegraph, the world’s foremost blockchain-focused media platform, is pleased to announce that tech veteran Elissa Beth Shevinsky has joined the company as Chief Technology Officer.Shevinsky began her Bitcoin journey in 2013, selling shirts for BTC as…