Crypto Biz: Consolidation ramps up among crypto firms
This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.
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Dogwifhat open interest declines 28% amid fears of a $1.50 'likely retest'
Crypto traders claim that Dogwifhat will "likely retest" the critical support level as its price and open interest have both plummeted since July 27.
Regulatory action against Mango Markets exploiter is a win for DeFi — Moody’s
SEC and CFTC taking action against the alleged fraudster show that DeFi is becoming a “safer and more welcoming environment,” according to credit rating firm Moody’s. Own this piece of history Collect this article as an NFTRecent charges brought against Mango Markets exploiter Avraham Eisenberg will have a positive impact on the decentralized finance (DeFi)…
Amazon-backed Anthropic brings Claude AI chatbot to European users
Amazon and Google-backed AI startup Anthropic launches its powerful Claude chatbot in Europe, boasting strong language skills and real-time information access. Cointelegraph put it to the test.
Blockchain to Authenticate Coronavirus-Response KN95 Face Masks From China
As the United States continues to struggle with a shortage of N95 masks needed to combat the deadly coronavirus, the Food and Drug Administration announced on April 3 that it has approved the use of KN95 masks in the country.Unlike N95 masks that are tested and certified by the National Institute for Occupational Safety and…
Rune’s upcoming mainnet launch and Terra (LUNA) integration set off a 74% rally
2021 was a roller coaster of a year for THORChain (RUNE) that saw its price top out at $20.31 only to come crashing down below $4 as a series of hacks and declining interest in decentralized finance had the token limping into 2022.Data suggests that investors could be taking a closer look at Rune and…
DeFi aggregator raided by five hackers on launch day
Four malicious hackers and one white-hat have gone to town on ForceDAO during its launch day. 4197 Total views 21 Total shares Fledgling decentralized finance protocol ForceDAO has had a rough start, with several incursions from hackers taking place just hours after it launched.The Ethereum-based yield aggregator had only just launched its airdrop campaign on…
AI startup by ex-Meta and Google researchers raises $113M in seed funding
The company is on a hiring spree, and is on the lookout for artificial intelligence researchers, software engineers and product developers. 718 Total views 4 Total shares A new artificial intelligence (AI) startup and rival to ChatGPT creator, OpenAI, raised $113 million in seed funding, bringing its valuation to $260 million just two months after…
Bitcoin Will Hit $340K if BTC Price Repeats 2016 Halving Cycle Pattern
Bitcoin (BTC) needs to hit $340,000 just to match its performance from its last halving cycle, data shows.In a Twitter series on Aug. 20, popular statistics resource ChartsBTC noted that Bitcoin still has huge room for growth at current levels of $11,700.Halving multiples give up to $1.6 million BTC priceComparing lows, highs and halving prices…