Ethereum price rallies to 2-week high above $2.8K — Data suggests it’s a pump-n-dump

Senior advisor for digital assets at the United States Securities and Exchanges Commission (SEC) Valerie Szczepanik reportedly noted that stablecoins could experience issues under current securities laws. Blockchain-related news website Decrypt reported her comments on March 16.Szczepanik, also known as the Crypto Czar, was appointed to the new position of associate director of the Division…

Bitcoin’s correlation with the U.S. equity market could be one reason for its current decline, but Eastern European money destabilization could push BTC as “crisis” hedge. 1007 Total views 15 Total shares The world woke up to a “sea of red” which was not necessarily limited to the financial markets, as Russia declared war on…

OpenAI was originally formed as a non-profit entity to ensure it was free to achieve its stated goal, it formed a for-profit company back in 2019. 95 Total views 1 Total shares Billionaire Elon Musk has queried whether it's legal for OpenAI — the firm behind ChatGPT — to become a for-profit business after he…

“Can someone explain to me why NFT ‘clones’ are selling for so much?” asked Redditor LittleDoofus a couple of months ago.NFT clones cash in on successful NFT collections by releasing similar or even identical copies of the art under similar sounding brands. LittleDoofus wanted to know how we have suddenly ascribed so much value to…

The much-hyped NFT sale by popular talk show host Ellen Degeneres has fallen flat, with the comedian selling just five out of ten available Gold editions of her “Woman With Stick Cat" NFT for $2,500 on the Bitski platform. Sixty-four other people paid $100 each for an open Silver edition of the same NFT.The drawing…

Researchers from the Norwegian University and the University of Luxembourg have published a research paper detailing an attack that can deanonymize transactions broadcast across Bitcoin’s Lightning Network. The Lightning Network emerged as a controversial compromise from the Bitcoin (BTC) block limit and scalability debate. It’s a second layer solution that facilitates near-instant, low-cost Bitcoin transactions. Proponents…

An IT arm of South Korea’s major conglomerate CJ Corp is using Amazon’s blockchain tech to improve music copyright management.CJ Corp implementing Amazon Managed BlockchainCJ OliveNetworks, a technology subsidiary of CJ, has reportedly implemented Amazon Managed Blockchain in its new digital copyright system for recording and tracking music in broadcast content, local news agency Yonhap…

Slovakia’s parliament passed a measure to amend its constitution to codify the right of its citizens to pay for goods and services with cash. 241 Total views 1 Total shares Slovakia will codify the right to use cash as a method of payment after a vote to amend the nation’s constitution passed in parliament on…

A retail investor group is trying to track down Terraform Labs co-founder Do Kwon following the crash of the Terra ecosystems’ cryptocurrencies. Members of a 4,400-strong Discord group called the “UST Restitution Group” (URG) have been attempting to track down the whereabouts of Terra co-founder Do Kwon.Members of the group, seemingly out of frustration at…