Bitcoin whale accumulation mirrors 2020 trend where BTC rallied 550%
New and old Bitcoin whale wallets have been gobbling up BTC, mirroring a 2020 trend that saw the asset rally by 550%.
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Thanks to Bauhaus, I totally get NFTs now
On Friday of last week, I got a press release from Grace at a music and public relations firm called 23, and Grace wanted to know if I was interested in running a feature on a series of nonfungible tokens, or NFTs.I almost instinctively replied “I am not, as I am actually exhausted reading these…
Crypto scams are going to ramp up with the rise of AI
With talk about integrating artificial intelligence and the cryptocurrency industry mostly focusing on how AI can help the crypto industry combat scams, experts are failing to pay attention to the fact that it could have the complete opposite effect. In fact, Meta recently warned that hackers appeared to be taking advantage of OpenAI’s ChatGPT in…
Bitcoin Core developer hack highlights self-custody risks: Community responds
A Twitter user pointed out that if a top Bitcoin developer can’t keep his wallet secure, then mass adoption is a pipe dream. 809 Total views 17 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTWith one of Bitcoin's original core developers claiming that his balance got drained by a hacker, the…
BIS Innovation Hub presents its ‘private CBDC’ project
The Bank for International Settlement’s Project Tourbillon features two eCash prototypes, the first providing “unconditional payer anonymity” and the second being “more resilient” in security terms. 198 Total views 6 Total shares The Bank for International Settlements (BIS) Innovation Hub has presented the final report on its private central bank digital currency (CBDC) initiative, Project
Is it Safe to Send Crypto via Email? New Payment Platform Promises ‘Complete Security’
A new platform for smart crypto payments offers users the ability to hold or send cryptocurrency by using an email address. Private keys are secured through sharding and decentralization. The platform connects Ethereum wallet addresses to emails, phone numbers, or login IDs and the company says it allows users to “bypass the complex nature of…
Tether Mulls Commodity-Backed Stablecoin to Cut Bank Risk: Report
Crypto exchange Bitfinex shareholder Zhao Dong has claimed that sister firm Tether plans to release a version of the stablecoin backed by a basket of commodities such as gold, crude oil and rubber.In private correspondence with Cointelegraph on Sept. 3, Dong said that the idea of issuing Tether (USDT) pegged to a commodities basket was…
JPMorgan’s Blockchain Products, Explained by Ex-JPM Tech Leads
JPMorgan Chase — whose CEO, Jamie Dimon, once notably expressed skepticism over cryptocurrency — was actually one of the first financial institutions to “learn to love the blockchain.” In 2015, the bank created a division dedicated to exploring emerging technology such as blockchain.We were two of the first members of the JPMorgan blockchain team. We…
Bitcoin risks 30% loss against XRP if ‘triple bottom’ confirms
XRP has significantly lagged behind Bitcoin in 2024, but a recent Mt. Gox- and German government-led sell-off in the BTC market may spark renewed interest in the altcoin.