AI may lead to inflationary pressures: Bank of Canada

South Korean exchange UpBit received four licenses to operate a digital asset exchange in Thailand. After a series of regulatory changes led the South Korean exchange UpBit to force out its foreign users from the platform, the company is setting up a new division in Thailand.According to an announcement shared with Cointelegraph, UpBit has received…

Circle Internet Financial Ltd. is launching a USD-backed digital token dubbed the “USD Coin,” Bloomberg reports Wednesday, September 26.A consortium called Centre — which includes Bitmain Technologies Ltd. among its members — will act as a platform for deposits and fiat conversions for the stablecoin. Bloomberg notes that although Centre is a “wholly owned subsidiary…

SideShift.ai CEO Andreas Brekken believes CryptoPunk ##5822 was “most definitely” sold at a loss and that NFTs are “going to zero.” 

The world’s second-largest stock exchange NASDAQ says its market surveillance technology can “stamp out manipulation” in cryptocurrency markets, Bloomberg reported Nov. 1.The publication referenced an unpublished paper from NASDAQ released Thursday, in which it explains it has invested “decades” developing tools for catching and preventing market manipulation.“Regulators, brokers and exchanges have surveillance teams that monitor…

Decentralized internet startup TRON announced fresh details of its bid to integrate with torrent client BitTorrent in a press release Thursday, September 27, two months after the first plans went public.TRON, which acquired BitTorrent in July for an undisclosed amount, is now seeking to use its TRX token within the platform’s user base to create…

To combat counterfeit goods, the Italian government has allocated €15M to develop and implement blockchain and other tech-based solutions. 2429 Total views 43 Total shares Counterfeit “Made in Italy” products are sold in marketplaces around the world. The Italian government is now fighting back against these knockoffs by investing €15 million ($16.2 million) towards the…

The number of Bitcoin whales with the ability to affect the BTC price is approaching 2017 levels, when the token was ascending to $20K. 852 Total views 35 Total shares The number of investors holding an immense amount of Bitcoin is starting to approach levels the crypto community hasn’t seen since the cryptocurrency’s rally to…

Ethereum funds have been undergoing a modest recovery after witnessing 11 weeks of continuous outflows. 277 Total views 2 Total shares Ethereum's native token, Ether (ETH), is down nearly 40% against Bitcoin (BTC) since December 2021. But even more pain is possible for the ETH/BTC pair in the coming weeks, based on a classic technical…

Pakistan’s finance and law ministries are yet to make a decision on a potential blanket ban on crypto in the country. 298 Total views 33 Total shares The State Bank of Pakistan (SBP) is reportedly seeking to ban all cryptocurrency transactions in Pakistan.Pakistan’s Sindh High Court reportedly held a hearing related to the legal status…