Fidelity, Sygnum partner with Chainlink to bring NAV data onchain
The partnership will make the Net Asset Value of Fidelity’s $6.9 billion Institutional Liquidity Fund accessible onchain in real time.
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Ethereum price ‘bear flag’ could sink ETH to $2K after 20% decline in three weeks
Ethereum's native token Ether (ETH) has dropped by nearly 20% in the last three weeks, hitting monthly lows near $2,900 on April 19. But despite rebounding above $3,000 since, technicals suggest more downside is possible in the near term, according to a classic bearish pattern.Ethereum price 'bear flag' setup activatedDubbed "bear flag," the bearish continuation…

The social side of institutional push: Popular excitement drives crypto adoption
The start of February has brought yet another batch of evidence supporting the notion that the ongoing surge of crypto prices has deep institutional roots. Ignited by market whisperer Elon Musk and his Tesla’s announcement of a $1.5-billion Bitcoin position, the bullish cycle was reinforced by further news coming from the likes of Mastercard, Amazon…

US DoJ Charges 7 Russian Intelligence Officers With Crypto-Funded Hacking Attacks
The U.S. Department of Justice (DoJ) has charged seven officers from Russia’s Main Intelligence Directorate (GRU) with cryptocurrency-funded global hacking and related disinformation operations. The indictment was filed by the grand jury at the Western District of Pennsylvania October 3.The defendants, all of whom are alleged to work for the GRU — a military intelligence…

FinCEN’s new digital currency advisor says crypto’s ‘just another means of payment’
FinCEN digital currency advisor, Michele Korver, believes cryptocurrency is a natural evolution in financial technology. 265 Total views 74 Total shares Michele Korver, the first-ever chief digital currency advisor for the Financial Crimes Enforcement Network’s (FinCEN), believes crypto assets are just another way of transferring value.Speaking to Law360 on July 29, the newly appointed Korver…

WEF 2022, May 25: Latest updates from the Cointelegraph Davos team
The fourth day of WEF 2022 will see key people from the industry discuss the journey of crypto investors. 572 Total views 48 Total shares Disclaimer: This article is being updated all day long. All timestamps are in the UTC time zone, with updates in reverse order (the latest update is placed at the top).WEF…

AI could threaten humanity in 2 years, warns UK AI task force adviser
The UK prime minister’s AI task force advisor said large AI models will need regulation and control in the next two years to curb major existential risks. 348 Total views 5 Total shares The AI task force advisor to the prime minister in the United Kingdom said humans have roughly two years to control and…

Mainstream Institutions No Longer Have Regulatory Reasons to Fear Crypto
Institutions on the fence about crypto involvement may no longer fear legal uncertainty, given recent crypto custody regulatory clarity. 1583 Total views 24 Total shares Recent regulatory transparency provided by U.S. banking regulator, the Office of the Comptroller of the Currency, or OCC, may give interested institutions the confidence to enter the crypto industry.“For those…

Buffett shunned tech for many years until now — would it buoy Bitcoin?
Warren Buffett and Berkshire Hathaway invested in the pre-IPO tech firm Snowflake. Over the long term, the shifting trend to digital could buoy Bitcoin. Ahead of its initial public offering (IPO), Warren Buffett and Berkshire Hathaway invested in tech-cloud company Snowflake. Buffett has largely avoided tech companies for many years, investing heavily in banks. That…