French authorities can hold Pavel Durov until Aug. 28
Prosecutors announced that the arrest was part of an investigation into an unnamed individual over cryptology services and complicity with illicit activities.
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AI and real-world assets gain prominence in investor discussions
Additionally, discussions concerning cryptocurrency prices have waned due to market volatility and stabilization. 101 Total views 2 Total shares As nations make progress in promoting the expansion of the artificial intelligence sector, market data from Santiment indicates an uptick in conversations among investors and traders regarding the potential of real-world assets and artificial intelligence. At

BitMEX: Crypto IEO ‘Poor Performance’ Sees Investors Lose up to 98%
Initial exchange offerings (IEOs), which launched in 2019 have lost investors up to 98% of their money, damning new statistics show. In its latest report on the phenomenon published on Dec. 23, the analytics arm of exchange BitMEX, BitMEX Research, identified twelve major IEOs that launched this year. Of those, eleven are now almost worthless compared…

Bitcoin ‘Can Be’ A Reliable Financial Instrument After All: Mark Cuban
One of the most outspoken critics of Bitcoin (BTC) has delivered mixed messages about its reliability as a financial asset. In comments to Forbes published on Dec. 10, Mark Cuban appeared to contradict himself on Bitcoin’s overall utility. When asked whether or not the cryptocurrency could become a “reliable financial instrument,” the Dallas Mavericks owner gave two…

Ethereum researcher unveils ‘time machine’ for even smarter, smart contracts
Similar to how Gmail allows users to unsend an email, STXN’s new time machine feature will allow crypto users to revert Ethereum transactions.

Hong Kong-based Coinsuper allegedly blocks customers’ withdrawals
Five clients reportedly filed police complaints after token withdrawals were apparently halted, leaving them unable to reclaim around $55,000 in cryptocurrency and fiat. 651 Total views 20 Total shares A cryptocurrency exchange in Hong Kong has reportedly stopped all withdrawal requests, according to reports. Coinsuper is the sole crypto firm in China that is licensed…

DragonEx crypto exchange considering shutdown amid OKEx ‘crisis of trust’
DragonEx is shutting down deposits and withdrawals of all cryptos. 2136 Total views 11 Total shares DragonEx crypto exchange suspended deposits and withdrawals of all digital currencies on its platform due to issues triggered by OKEx’s ongoing withdrawal freeze.In an official announcement on Oct. 21, DragonEx said that the OKEx freeze triggered a “crisis of…

Government crackdowns are coming unless crypto starts self-policing
Self-regulation will be critical in governing the rapidly changing landscape of the cryptocurrency industry in order to preserve its autonomous, decentralized nature. Months after the collapse of the Terra ecosystem that propelled crypto’s market capitalization below $1 trillion, the industry is beginning the long process of rebuilding not only retail trust but also faith in itself.…

Illuvium’s collapsing token represents the problems with GameFi
Blockchain games began as a means to effectively test technology’s true potential. However, making sure they reach that potential remains a challenge. While Illuvium was one of the most highly anticipated crypto game releases in history, the price of its ILV token has fallen significantly since 2021 — to the tune of 97%.The project’s developers…