Crypto VCs ‘excited’ about AI agents but not yet investing
Pantera Capital managing partner Paul Veradittakit said AI agents have the potential to cause crypto trading volumes to increase exponentially.
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Bitcoin Just Painted a ‘Golden Cross’ But Is $10,500 Now Achievable?
Bitcoin (BTC) price remains in a somewhat neutral zone, caught between two highly consequential paths. For the past week, the top-ranked digital asset on CoinMarketCap has struggled to push above $9,900 in order to attack the $10K mark. On Tuesday morning Bitcoin made another attempt at $10,000 when the price quickly rallied to $9,900 as some…
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New US bill to require firms to report off-chain transactions to CFTC
The new legislation aims to protect crypto investors from disputes, manipulation or fraud potentially stemming from transactions occurring off-chain. 141 Total views 35 Total shares A new bill in the United States aims to require cryptocurrency service providers to report all blockchain transactions to a government repository.On Sept. 28, U.S. Representative Don Beyer introduced the “Off-Chain Digital
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Collapse of Terra blockchain ecosystem forces talent migration
At the height of the 2022 bull market, the Terra ecosystem was booming with talent and innovation. The native token of the Terra blockchain had made its way to the top-10 cryptocurrencies by total market capitalization. Protocols were building the next iteration of a super cycle that seemed like it would never end. Terraform Labs created…
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‘Buy Bitcoin’ Says Expert as Argentina Imposes $10K Limit for Citizens
Argentina has reimposed capital controls, limiting citizens’ and businesses’ freedom to buy foreign currency.As Bloomberg reported on Sep. 1, the increasingly troubled South American nation took the step as the Argentine peso (ARS) suffers overwhelming losses against major fiat currencies such as the U.S. dollar.Argentina puts $10K limit on dollar accessArgentina has shown an affinity…
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Tokyo-listed gaming studio Gumi acquires 1 billion yen worth of Bitcoin
The BTC purchase is part of Gumi’s broader expansion into the blockchain sector, which includes acquiring and managing “high-quality tokens.”
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DeFi token CRV spikes after reports PayPal acquired unrelated custody firm Curv
Curve Finance is up nearly 30% in 24 hours after traders rallied into the wrong market in response to news that PayPal may have acquired the crypto custodian, Curv. 3053 Total views 20 Total shares Excitable speculators mistakenly rushed to invest in the native token of decentralized finance protocol Curve Finance (CRV) after reports emerged…
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China returns as 2nd top Bitcoin mining hub despite the crypto ban
The Chinese government has not managed to take down cryptocurrency operations as part of its crypto ban last year as China has re-emerged as one of the world’s largest Bitcoin (BTC) mining hubs, according to a new report.China became the second-largest Bitcoin hash rate provider as of January 2022, months after the local government banned…
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UBS’s acquisition of Credit Suisse brings some good and bad for crypto
On Sunday, March 19, the 167-year history of banking giant Credit Suisse ended with a takeover by the largest Swiss bank, UBS. Under pressure from the Swiss government, UBS took over its ailing competitor for 3 billion Swiss francs ($3.25 billion) — less than half the $8 billion market value of Credit Suisse just two…