AI tokens market cap rebound 79.7% to $32B amid renewed investor confidence
After a significant slump, the AI and big data crypto market cap has rebounded by nearly 80%, driven by renewed investor confidence.
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Uniswap’s daily fee generation tops Bitcoin’s by $1.7 million
Uniswap is currently the second-ranked crypto platform by daily fee generation after Ethereum. 2533 Total views 21 Total shares The world’s top decentralized exchange, Uniswap, is currently beating out Bitcoin’s daily fee generation by more than 50%.According to the data tracking website, CryptoFees, the leading Ethereum-powered decentralized exchange Uniswap has generated more than $4.8 million…
US Grand Jury Indicts Ethereum Researcher Virgil Griffith Over North Korea Trip
The United States District Court for the Southern District of New York has filed an indictment against Ethereum Foundation researcher Virgil Griffith on Jan. 7.According to a court filing on Jan. 7, a federal grand jury charged Griffith with conspiracy to violate the International Emergency Economic Powers Act.The act was introduced in 1977 and is…
NFT collection’s price takes a nosedive as creator’s racist cartoons circulate
George Trosley’s racist drawings from his Hustler magazine days went unnoticed initially, but have since led to backlash. 1366 Total views 8 Total shares The Jungle Freaks nonfungible token (NFT) collection has lost roughly 80% of its trading value overnight after a series of racist cartoons drawn by one of its creators circulated on social media.…
BoE hasn’t ‘made any decision’ regarding a CBDC, says fintech director
“We will continue to explore the pros and cons of CBDC,” said Tom Mutton. 712 Total views 13 Total shares At the 2nd Bund Summit held on Oct. 25, Bank of England fintech director Tom Mutton stated that while a central bank digital currency, or CBDC, was “a focus” for the Bank of England, the…
Decred co-founder explains rationale behind Bitcoin bull and bear cycles
Do Bitcoin's market cycles depend on its structure as an asset, human psychology, or both? 1894 Total views 12 Total shares Since its launch approximately 12 years ago, Bitcoin (BTC) has seen a number of bull and bear cycles, each greater than the last. What drives these cycles, however? Decred co-founder Jake Yocom-Piatt claims that…
EOS Foundation to sue Block.one on failure to honor $1B commitment
Potential plaintiffs in the new lawsuit by ENF may need to opt out of other suits against Block.one to be eligible to participate. 238 Total views 4 Total shares The EOS Network Foundation (ENF) is the latest entity to initiate legal action against major investor Block.one (B1) over failure to honor $1 billion investment commitments.On…
Korean police seize crypto for unpaid traffic fines in trial
Local police in a suburb of Seoul have the authority to seize crypto in order to clear the balance of delinquent fines from traffic violations. 243 Total views 6 Total shares A South Korean town near Seoul has been successfully operating a pilot program that allows police to seize crypto from the exchange accounts of…
Bitcoin price eyes $65K breakout as BTC exchanges reserves fall to 2018-lows
Bitcoin's (BTC) ongoing price rally above $64,000 has coincided with a substantial drop in its reserves across all exchanges.According to data provided by CryptoQuant — a South Korea-based blockchain analytics service — the amount of Bitcoin held in exchanges' wallets dropped to as low as 2.379 million BTC earlier this week, the lowest in more…