Google Search Can Predict Bitcoin Price Increases, Study Finds
A study published by the National Bureau of Economic Research suggests that cryptocurrency markets do not behave like traditional financial ones.
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Why the First US Crypto Bank Is a Big Deal
Sep 19, 2020 at 13:00 UTC (KevinAlexanderGeorge/iStock via Getty Images Plus)Why the First US Crypto Bank Is a Big DealKraken became the first crypto exchange to win a U.S. banking license this week. Here’s why that matters. This episode is sponsored by Crypto.com, Bitstamp and Nexo.io. On this edition of The Breakdown weekly recap, NLW looks at: DEXetition – Uniswap’s…
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Binance Boosts Compliance Staff by 34% Year-Over-Year, Citing Industry’s ‘Rapid Maturation’
Binance, the world’s largest crypto exchange, says it expects to have 645 full-time compliance employees on staff by the end of the year — a 34% increase from last November — as it continues to rapidly build out its compliance department. Including contractors, the crypto exchange already has over 1,000 employees focused on compliance, according
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Ethereum Scanner Etherscan Adds OpenAI-Based Tool to Analyze Smart Contract Source Code
Etherscan, one of the most commonly used Ethereum blockchain scanning websites, introduced a tool that uses artificial intelligence (AI) to help users interpret the source code of smart contracts, according to a post on its website.The tool, based on AI technology developed by OpenAI, allows users to ask for an explanation of the entirety or…
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Solana Foundation: SOL is ‘Not a Security’
The Solana Foundation is disputing the U.S. Security and Exchange Commission’s (SEC) classification of its SOL token as an unregistered security.Earlier this week, the SEC filed lawsuits against crypto exchanges Binance.US and Coinbase, which charged the exchanges with trading Crypto Asset Securities, including SOL.“The Solana Foundation strongly believes that SOL is not a security,” the…
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Bitcoin Has Recovered Nearly 25% of Its Bear Market Price Losses
markets View Bitcoin has erased nearly 24 percent of the price losses seen in 12 months to December 2018. Sunday’s high above $7,500 could come into play again if a contracting triangle on the hourly chart ends with a bull breakout. A UTC close below $6,762 would validate the bull exhaustion signaled on Sunday and allow…
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Binance Exchange Is Launching Crypto Futures Trading Platform
news Binance, the world’s largest cryptocurrency exchange by trading volume, is planning to enable futures trading. During a presentation at the Asia Blockchain Summit in Taipei on Tuesday, Changpeng Zhao, founder and CEO of the exchange, showcased a futures trading interface on Binance with features including longs and shorts on crypto assets. “Binance will be launching…
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Morgan Creek Leads $2.8M Seed Round for Crypto Insurance Upstart Evertas
Jul 15, 2020 at 10:31 UTC(Marian Weyo/Shutterstock)Evertas, an insurance provider focused on the cryptocurrency space, has raised $2.8 million in a seed round led by Morgan Creek. Plug n Play, Kailash Ventures, RenGen, Vy Capital and Wavemaker Genesis also participated. Mark Yusko, founder, CEO and chief investment officer of Morgan Creek Capital, has joined Evertas’ board…
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Bank of Japan Seeks ‘Plain, Easy-to-Cook’ CBDC Model
The Bank of Japan (BoJ) would try to develop a central bank digital currency (CBDC) that can easily coexist with private payment methods, Executive Director Shinichi Uchida said in a speech.Seeking “vertical coexistence,” with other payment methods used by the public, a CBDC should be made of “relatively plan, easy-to-cook material,” Shinichi Uchida said on…