Analyst eyes Ether ‘major push’ to $3.5K amid traders betting on upswing
A crypto analyst says Ether could make a “major push” to $3,500 if it holds a $2,800 weekly close, and futures traders are betting on an upward move.
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Chicago DeFi Alliance Launches to Save Decentralized Finance
Amid the apparent ongoing collapse in decentralized finance (DeFi) lending, a group of major trading and cryptocurrency companies in the United States are launching an alliance to support the sector.Introduced on April 7, the Chicago DeFi Alliance (CDA) aims to provide DeFi-focused startups and entrepreneurs with support and guidance in complying with trading regulations and…
US lawmakers introduce National AI Commission Act
A group of United States lawmakers introduced a bill to establish a commission on the approach toward artificial intelligence. 317 Total views 55 Total shares On Tuesday, June 20, a bipartisan group of United States lawmakers introduced a bill to establish a commission to study the country’s approach toward artificial intelligence (AI). The bill’s primary objective revolves…
Ethereum is a 'contrarian bet' into 2025, says Bitwise exec
Ether price could be on track for another correction into a triple-bottom, marking the beginning of a big rally into 2025.
Consumer loyalty is waning: Web3 could bring it back
Consider what it means to be a sports organization in 2023. Is the success of their brand simply a parallel to the quality of each team’s performance, how proficiently an organization advertises their events and merchandise to their fans or simply defined by community, where consumers gather around the products and services that speak to…
University’s epic burn: Researchers say Ripple’s protocol ‘may fail badly’
According to researchers at the University of Bern, the presence of faulty or malicious nodes on the Ripple network could have “devastating effects.” 754 Total views 8 Total shares Researchers from the University of Bern have released a report claiming Ripple’s consensus protocol “ensures neither safety nor liveness.”In a blog posted yesterday from the university’s…
Compound crisis averted? Securing exposed COMP could be just the start
As the decentralized finance (DeFi) market continues to pique the interest of investors across the globe, a few incidents have shone a major spotlight on the vulnerabilities various platforms operating within this space are continually exposed to. For example, it has recently been unveiled that due to a buggy system upgrade, prominent DeFi money market Compound…
An overview of the metaverse in 2022
Recognized as one of the most turbulent years for the cryptocurrency and blockchain industry, 2022 has still been vigorous for the metaverse. With over $120 billion invested in the first half of the year alone — according to a McKinsey report — the industry is anything but broken.Some of the most significant partnerships to date…
Suspected Crypto Ponzi Scheme Has No License in Malta, Regulator Warns
Malta’s finance regulator has issued a public warning about a cryptocurrency company falsely claiming it is licensed to operate in the country. ‘Built on the power of the Middle East’In a statement July 23, the Malta Financial Services Authority (MFSA) warned residents they should avoid Emirate Coin Tech, which offers cryptocurrency investment options with alleged weekly…