Bitcoin dips below short-term holder realized price, sparking $60K fears
Bitcoin’s price briefly dipped below a critical level for traders sparking fears that a further correction toward $60,000 might be on the horizon.
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In an interview with Cointelegraph during the Bitcoin 2023, Fred Pye spoke about how Canada's advanced regulation for crypto trading is drawing investors to the digital assets market. As the hype around Bitcoin (BTC) has faded, institutional investors and portfolio managers have begun looking at the major cryptocurrency as a "serious venue" to invest in,…

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Iranian president calls for legal framework for crypto trading
Iran President Hassan Rouhani wants to protect national interests regarding crypto. 156 Total views 1 Total shares Iran is looking for ways to introduce a legal framework for cryptocurrencies while Bitcoin (BTC) mining remains under embargo in the country. During the Cabinet’s Economic Coordination Board meeting on Tuesday, Iranian President Hassan Rouhani emphasized the need to…

Mark Zuckerberg calls for open-source AI as Meta releases Llama 3.1
Meta is “taking the next steps toward open-source AI becoming the industry standard,” according to CEO Mark Zuckerberg.

‘DeFi Education Fund’ defends controversial $10.2M UNI liquidation
The DeFi Education Fund (DEF), an organization funded by Uniswap to spearhead lobbying and educational initiatives in support of the decentralized finance sector, has defended its sudden move to liquidate half of its UNI treasury earlier this week.The organization said it needed to convert the funds into stable assets to weather crypto market volatility.In May,…

What Russian journalists can learn from Navalny’s Bitcoin wallet
Alexei Navalny is a noted leader of the Russian opposition. His “Anti-Corruption Foundation” (FBK) has been a thorn in President Vladimir Putin’s side for many years. Though the FBK has been locked out of mainstream politics — much as Navalny has been blocked from running in recent elections — its investigations have managed to garner…

ZK-rollups are ‘the endgame’ for scaling blockchains: Polygon Miden founder
ZK-rollups are the hottest thing in Ethereum right now, having seemingly appeared out of nowhere in late 2018 to fundamentally reshape the “Eth2” plan to scale via sharding alone.Zero-knowledge, or validity proof rollups, essentially perform the computations for many thousands of transactions away from Ethereum and then write a tiny cryptographic proof back to the…

NFT-collateralized loan platform Arcade raises $15M in funding round
Pantera Capital's Lauren Stephanian said the platform’s collateralization of NFTs could incentivize participation from institutional investors. 807 Total views 16 Total shares Arcade, a platform that allows users to utilize nonfungible tokens (NFTs) as loan collateral, has raised $15 million in a Series A funding round with participation from Pantera Capital.In a Wednesday announcement, Arcade…