Breaking: Caroline Ellison sentenced to 2 years in prison
The former head of Alameda Research will serve her sentence in a minimum-security prison.
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Why DeFi plus asset tokenization will take crypto to new heights
In previous years, we have seen numerous attempts to bring real-world assets to the crypto market. However, none of them has proven to be massively adopted among retail crypto users and traditional financial players.So, why hasn’t real-world asset tokenization become a massive trend?You’ve probably heard how almost anything can be tokenized — securities, art, real…
Ethereum Denies It Is Mulling $15 Mln Investment to Develop Verifiable Delay Functions
The Ethereum Foundation has refuted alleged plans to spend a prospective $15 million on the development of Verifiable Delay Functions (VDFs) for use in its transition to a Proof-of-Stake (PoS) network. The clarification was made by Foundation researcher Justin Drake in private correspondence with Cointelegraph on Feb. 8.A report from crypto news outlet CoinDesk had…
Traders hope for a new altcoin season now that Bitcoin turned $45K to support
This week the total cryptocurrency market capitalization bounced back to $1.9 trillion, which was a 20% weekly increase and the highest level seen since May 20. While the fresh bullish momentum attracted the attention of investors, Bitcoin's (BTC) move from $33,400 to $45,900 was pretty much in line with the rest of the market.Whether Bitcoin…
OpenAI preps release of open source AI model: Report
The firm behind ChatGPT is seemingly under pressure from other available open-source AI models and is prepping to enter the space with one of its own. 327 Total views 7 Total shares An open-source artificial intelligence (AI) model is reportedly being prepared for public release by OpenAI, the firm behind the AI chatbot ChatGPT.In a…
US Congress plans ‘demystifying crypto’ committee hearing for Nov. 17
Representative Don Beyer — who has previously proposed legislation expanding the regulatory and legal framework for digital assets in the U.S. — will be chairing the hearing. 1167 Total views 61 Total shares The Joint Economic Committee, which includes Republican and Democratic members of both the U.S. House of Representatives and Senate, will be holding…
NFTs still in ‘great demand’ as unique traders rise 18% in Oct: DappRadar
A DappRadar report found that despite a fall in NFT trading volumes and sales counts throughout October, monthly unique traders increased. 71 Total views 2 Total shares October may have seen a decline in nonfungible token (NFT) trading volume and sales, but analytics firm DappRadar says an 18% growth in monthly unique NFT traders shows…
4 Reasons Why Bitcoin is The Best Hedge Against Uncertainty
Bitcoin Strategist at Kraken, Pierre Rochard, explains why Bitcoin is the perfect asset against uncertainty despite its high volatility. 1354 Total views 39 Total shares Bitcoin Strategist at Kraken Pierre Rochard believes Bitcoin to be the perfect hedge against uncertainty, despite its high volatility. In an interview with Cointelegraph, Rochard pointed out the dichotomy of uncertainty…
Binance Hires Former NBA, Dell Exec to Head Global Strategy Initiatives
Major cryptocurrency exchange and blockchain platform Binance has hired a former strategic executive at Dell and the National Basketball Association as Binance’s global strategy officer, according to a press release shared with Cointelegraph on June 5.Binance’s new official Strategy Officer, Gin Chao, will reportedly advance the organization’s global strategy, heading initiatives in corporate development, venture…