Bitcoin investment inflows hit $1B as long-term holders accumulate

Celsius creditors have filed a proposal to sue Alex Mashinsky, while creditors of FTX are turning their attention to the exchange's venture backers. 70 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe stunning collapses of Celsius and FTX destroyed many lives — early adopters who had the…

LG CNS is now testing artificial intelligence-based facial recognition technology to conduct payments with a digital currency. 1138 Total views 29 Total shares LG Corporation’s IT services subsidiary is now testing artificial intelligence-based facial recognition technology which allows users to conduct payments using digital currency.LG CNS used its employees to test the new facial recognition…

The crypto asset's market capitalization overtook the Russian ruble in February after a major announcement from car manufacturer Tesla. 1582 Total views 21 Total shares After hitting a new all-time high price approaching $67,000 earlier on Wednesday, the market capitalization of Bitcoin briefly surpassed the total market cap of the Swiss franc.According to data from…

The National Bank of Kazakhstan said it plans to present some of the results of the CBDC study to stakeholders in July 2022 and reaching a decision on launching a digital tenge by December. 606 Total views 16 Total shares Kazakhstan, the country behind one of the largest sources of Bitcoin mining hash power, has…

The Fed and FDIC allege that Voyager “made various representations online" that its funds were FDIC insured. 161 Total views 38 Total shares Cypto lender Voyager Digital has been directed to remove “false and misleading” statements that its user’s deposit accounts are FDIC insured.In a joint letter written on July 28 by Seth Rosebrockfrom &…

Bitcoin (BTC) speculators are in “panic” mode as nearly all of them are in the red, research says.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode revealed 97.5% unrealized losses among Bitcoin’s short-term holders (STHs).Research warns of "non-trivial" Bitcoin sentiment slideBTC price action in recent months has tested the resolve

Top-down governmental responses to innovation have always been questioned by entrepreneurs. Right now in crypto land as institutional investment flows steadily in and decentralized finance (DeFi) use cases and products have continued to flourish over the past 18 months, many crypto companies are begging for further regulatory clarity.The original Australian Senate Select Committee on FinTech…

The Nature science journal recently published an editorial in its Nature Bioscience section lauding the use of decentralized autonomous organizations (DAOs) as a revolutionary new method by which researchers working in underfunded scientific fields can create communities around their work and raise funding which, otherwise, might not be available.In a DAO-based research scheme, a project’s

Travala is the first crypto-native travel platform to receive a Skyscanner integration, which allows it to access the platform’s 110 million monthly users.