Crypto PAC’s final media buys before US Election Day go to Wisconsin
The Fairshake PAC reported to the FEC spending more than $760,000 on a media buy supporting Wisconsin Representative Bryan Steil, running for reelection in 2024.
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Bitcoin’s key momentum metric just flashed bearish with BTC price pinned under $50K
The run-up in the Bitcoin (BTC) price toward $50,000 last week risks exhaustion due to a mismatch between the cryptocurrency's price and momentum trends.So it appears the Bitcoin's price and relative strength index (RSI) have been moving in the opposite direction since late July. In doing so, even a strong push higher in the BTC/USD…
Chinese banks explore e-yuan for selling investment funds and insurance
Bank of Communications and China Construction Bank are working with fund managers and insurers to facilitate e-yuan payments for Chinese citizens. 381 Total views 2 Total shares Government-backed Chinese banks have reportedly started exploring new use cases for the digital yuan by allowing citizens to use it to buy insurance products and investment funds online.The…
DeFi giant Aave hits a new high at $520, TVL rises to $4.96 billion
AAVE price rallied to a new high at $520, pushing the DeFi protocol’s TVL to $4.96 billion. 1379 Total views 10 Total shares Aave (AAVE) price has increased by 76% since the beginning of February and today the DeFi-token hit a new all-time high of $520. Currently Aave is the second-ranked DeFi platform by total…
Fidenza: Tyler Hobbs wrote software that generates art worth millions
Computer scientist turned generative artist Tyler Hobbs writes code artistically, which then creates visual art that has sold for millions.Along with 998 siblings, Fidenza #313 was minted for 0.17 ETH on June 11th, after which it was immediately sold for 0.58 ETH. Just over 10 weeks later, the NFT nicknamed “Tulip” sold for 1,000 ETH…
New York Mayor urges state to abandon ‘stifling’ BitLicense scheme
“We have to continue to be competitive” the mayor said in a keynote interview at a London crypto conference where he suggested scrapping the states’ BitLicensing requirement. 277 Total views 20 Total shares New York City Mayor Eric Adams has hit out at his states’ BitLicensing regime, claiming that it stifles innovation and economic growth.In…
Ava Labs brings intellectual property management to K-pop industry
According to a market report from Allied Research, the South Korean pop music industry will be valued at $20 billion by 2031.
Don’t mention ‘K’ country: Bitcoin Magazine’s YouTube restored after ban
After Bitcoin Magazine’s YouTube channel was temporarily shut down without prior warning, the livestream’s hosts suggested that mentions of “Kazakhstan” may have been flagged by the platform’s algorithm. 1015 Total views 16 Total shares Bitcoin Magazine’s YouTube channel was restored around three hours after being shut down, with the publication attributing the short ban to…
How low liquidity led to Mango Markets losing over $116 million
It would seem that the hackers used an “oracle price manipulation” tactic in the exploit on the Solana-based DeFi network, as indicated by a tweet sent by the official account for the Mango cryptocurrency exchange.In mid-October, traders took advantage of a vulnerability in the decentralized finance (DeFi) trading platform Mango Markets and stole more than…