Finance traders will be first to spot superintelligent AI — Wharton prof
Ethan Mollick’s commentary sparked speculation from the cryptocurrency community.
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Friday’s $2.25B Bitcoin options expiry might prove that $17.6K wasn’t BTC’s bottom
Bitcoin (BTC) has been trying to break out of a descending trend for the past week and the first attempt on June 16 failed to break the $22,600 resistance. The second attempt at $21,400 on June 21 was followed by an 8% price correction. After two failed breakouts, the price currently trades below $20,000 and…

Binance Renames Its USDT Market to Combined Stablecoin Market
Major cryptocurrency exchange Binance has renamed its Tether (USDT) Market to be a combined Stablecoin Market (USDⓈ), according to an announcement published Nov. 26. This will purportedly allow the exchange to support more trading pairs of stablecoins.The exchange also notes that USDⓈ is not a new stablecoin, but the symbol of Binance’s new stablecoin market.…

Report crowns Solana for using least energy per transaction, but there’s a catch
Solana (SOL), one of the most active proof-of-stake (PoS) blockchains, appears to be a PoS protocol consuming the lowest amount of electricity per transaction, according to a new report.The Crypto Carbon Ratings Institute (CCRI), a research startup focused on the environmental impact of cryptocurrencies, released on Wednesday a new report calculating the electricity consumption and…

NFTs and the mob: When gangsters enter, is it time to leave?
A mob-themed NFT collection has launched, but recent data suggests the nonfungible token market may already have peaked. 2391 Total views 20 Total shares The founders of a Las Vegas mob attraction are launching mob-themed nonfungible tokens encompassing digitized versions of real-world organized crime memorabilia.Dubbed “The Mob Experience,” the collection includes NFT versions of artifacts that…

Does Bitcoin Have Intrinsic Value or Is It Based on Thin Air?
In early March, the Bank of England’s governor-designate, Andrew Bailey, said that Bitcoin has no intrinsic value. He controversially stated that any investor that holds Bitcoin should be prepared to lose all of the money. Bailey said, “If you want to buy it, fine, but understand it has no intrinsic value. It may have extrinsic…

‘Bitcoin Fixes This’ — Thousands of Fake Gold Bars Dilute Market Supply
Bitcoin’s (BTC) utility over gold has returned to the spotlight after news emerged of thousands of fakes infiltrating the precious metals market.Thousands more fake gold bars could remain undetectedAs Reuters reported on Aug. 28, the gold industry is currently facing a major forgery problem, with fake kilogram bars found in the vaults of major banks…

Chinese Communist Party official pleads guilty to helping Bitcoin miners
Xiao Yi, Communist Party Secretary of the City of Fuzhou, financially aided Bitcoin miners between 2017 and 2021. 215 Total views 6 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTAccording to a report published by state-owned daily news program Xinwen Lianbo on Dec. 29, Xiao Yi, former Communist Party Secretary of…

Multiparty computation could offer increased protection for crypto wallets
Multiparty computation (MPC) is a type of cryptographic protocol that allows multiple parties to jointly compute a function over their inputs without revealing those inputs to each other. MPC can be useful when parties want to compute some function together but want to keep their inputs private from others. For example, a group of banks may…