Aptos launches keyless wallets that use ZK-proofs to verify identities
Aptos Connect allows users to log in with a Google ID without needing an MPC Network, Magic Links, or Windows passkey.
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‘Lack Of Stability’ Among Factors Preventing Global Bitcoin Breakout, Says UBS Strategist
Swiss-based investment bank and financial services company the Union Bank of Switzerland (UBS) said that Bitcoin’s (BTC) scalability and volatility are still too high for the cryptocurrency to be used as “money,” CNBC reported August 2. In a note to clients, UBS strategist Joni Teves claimed that until regulatory support is in place and technical…
NYMEX Trader: Bitcoin Soon to Move Back to $7,000, Markets to Consolidate
A cryptocurrency trader at the New York Mercantile Exchange (NYMEX) said that bitcoin (BTC) will likely move back to $7,000 and consolidate soon in an interview with CNBC on May 21.Delivering his comments on CNBC’s Trade Alert show, Anthony Grisanti of NYMEX said that he thinks the price of bitcoin will get back to $7,000…
BNY Mellon to Act as Transfer Agent for Bitwise’s Proposed Bitcoin ETF
Bank of New York Mellon has been appointed to serve as transfer agent and administrator of Bitwise Asset Management’s proposed Bitcoin (BTC) exchange-traded fund (ETF). Bitwise amended the S-1 form that it submitted to the United States Securities and Exchange Commission (SEC) on Sept. 11. The amendment also lists major accounting firm Cohen & Company as…
Centralized Crypto Futures Exchange Integrates Chainlink’s Price Oracles
Chainlink’s decentralized price oracles will be used as an "anchor" by the forthcoming derivatives exchange Digitex Futures to protect traders against slippage. 2757 Total views 47 Total shares Forthcoming Seychelles-based crypto derivatives trading exchange Digitex Futures has announced it will integrate Chainlink’s (LINK) decentralized price reference contracts on its platform.Chainlink's decentralized price oracles are typically…
Double bubble? Terra’s defunct ‘unstablecoin’ suddenly climbs 800% in one week
Terra's $40-billion experiment to create a functional "algorithmic stablecoin" project has failed drastically following its collapse in May. Nonetheless, its native stablecoin TerraClassicUSD (USTC), earlier called TerraUSD (UST), has been thriving in the past week.Dead stablecoin walkingTo recap, UST lost its U.S. dollar peg in May following mass withdrawals from Anchor Protocol, a lending and borrowing…
19 celebrities called out by consumer watchdog group for shilling NFTs
Consumer watchdog group Truth in Advertising (TINA.org) has called out 19 celebrities for allegedly promoting non-fungible tokens (NFTs) without disclosing their connection to the projects. The not-for-profit consumer advocacy organization said on their website they investigated "celebrities who promote non-fungible tokens (NFTs) on their social media channels", finding that "it is an area rife with deception."Among…
Ethereum’s Vitalik Buterin Discloses Non-ETH Crypto Holdings and Other Revenue Sources
Ethereum (ETH) co-founder Vitalik Buterin has disclosed that his crypto investments are virtually exclusively devoted to the Ethereum network, in a post published to an “Ask Me Anything” (AMA) Reddit thread on Feb. 18.The AMA post is dedicated the Ethereum leadership and accountability, asking those in leadership positions in the ETH community to share their…
Ooki DAO members explore options in response to CFTC lawsuit
Members of the Ooki DAO are discussing various ways to respond to the recent lawsuit filed by the CFTC. 223 Total views 18 Total shares Members of the decentralized autonomous organization (DAO) called Ooki DAO have started looking into an appropriate response to the charges filed by the United States Commodities Futures Trading Commission (CFTC).On…