Crypto law firm loses appeal to force SEC’s hand on Ether classification
Hodl Law sued the SEC in 2022, claiming it could face the regulator’s ire for using Ethereum and wanted a court to force it to decide if ETH is a security.
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Swiss Real Estate Company Closes A $134 Million Deal Using Blockchain
A building on the prestigious Banhofstrasse in Zurich, Switzerland was successfully tokenized and sold on the blockchain today.The new owner of the building is Swiss real estate investment company BrickMarket. The company has issued bond-backed crypto tokens that figuratively represent “shares” of ownership in the building,. Those tokens are for sale to individuals who want…
Bitcoin accumulation accelerates among ‘whales’ and ‘fish’ with BTC rallying to $40K
Both small and rich Bitcoin (BTC) traders accumulated the benchmark cryptocurrency en masse during the period its prices rose from below $30,000 to over $40,000, signaling their confidence in the asset's long-term bullish setup.The basis of the upside outlook came from Ecoinometrics, a crypto-focused newsletter service. It highlighted in its latest edition a flurry of…
ZenGo Warns of Major Security Flaw Among DApp Wallets
Cryptocurrency wallet provider ZenGo has built a testnet to demonstrate a major security flaw prevalent among decentralized application (DApp) wallets.On March 23, ZenGo published an article highlighting that, when authorizing a specific transaction, many DApp wallets actually grant access over all of that particular token stored in the connected wallet: “As a result, if the DApp…
Binance vs. FTX: CZ calls out ‘bad players’ for crypto exchange jitters
Jitters in crypto trading relate to a trade event wherein an investor’s buy or sell order gets stuck and moves down in the list, allowing newer trade orders to go through. 121 Total views 7 Total shares The CEO of crypto exchange Binance, Changpeng ‘CZ’ Zhao, raised concern for traders after learning about the infamous…
What does generative AI mean for Web3?
For decades, artificial intelligence (AI) has been a laymen’s lingo. Current technological breakthroughs and advancements have created a surge of interest in a specific type of AI known as generative AI. With its unprecedented ability to generate new and distinctive content that aids human creativity, generative AI revolves around analysis, automation and generation of content. …
Bitcoin open interest jumps $1.3B following Fed's 'dovish' minutes
Bitcoin Open Interest has jumped by over a billion following the United States Federal Reserve ‘dovish’ minutes on Aug. 21.
Bitcoin-based tracking platform Eggschain partners with Boston IVF
The partnership will use blockchain technology for some of its best-suited use cases in increasing transparency, verifying data, and storing sensitive genetic information. 277 Total views 31 Total shares The Bitcoin-based genetic data tracking system Eggschain has announced a partnership with the Boston IVF chain of 30 fertility clinics in the United States.The new partnership…
SBF winds down mystifying Twitter thread that said little over many hours
The disgraced banker of last resort has been displaying odd behavior on Twitter, leading to speculation about his intentions and mental condition. 345 Total views 2 Total shares Sam Bankman-Fried, the former CEO of bankrupt cryptocurrency exchange FTX, has concluded a Twitter thread he started Nov. 14. In approximately 40 hours, he spelled out “What…