Grayscale launches Aave fund amid DeFi surge: Finance Redefined

Crypto growing to a $1.6 trillion market without adequate regulations is a major worry for the head of Italy’s stock market oversight agency. 1336 Total views 2 Total shares Paolo Savona, the chairman of the Commissione Nazionale per le Società e la Borsa (Consob) — Italy’s securities regulator — has raised alarms over crypto’s growing…

The U.S. Senate leader plans to call for urgent bipartisan action from Congress to create “comprehensive legislation” for upcoming AI systems. 132 Total views 1 Total shares The United States majority Senate leader Chuck Schumer plans to call for “comprehensive legislation” regarding safety measures for artificial intelligence (AI). Schumer has remarks planned for a meeting at…

The Australian Federal Police revealed that scammers are using deepfakes and pig butchering as their primary methods to defraud victims. 

Bitcoin (BTC) is trading around $7,200 on Friday, the level that was found following a large swing to the upside on Wednesday. As we move into the weekend, the majority of cryptocurrencies are also trading higher. Nevertheless, Ether (ETH) is still struggling to regain $130 while XRP has been unable to reclaim $0.20 after the rejection…

The Bitcoin network has a 31:1 positive to negative ratio according to climate tech VC Daniel Batten. 309 Total views 3 Total shares Own this piece of history Collect this article as an NFTA climate tech investor has painted a bright view of the Bitcoin (BTC) network, suggesting BTC’s environmental positives outweigh its negatives by…

MicroStrategy has increased its total Bitcoins holdings to 138,955 BTC, purchased for $4.1 billion at an average of $29,817 per coin. 239 Total views 1 Total shares Own this piece of history Collect this article as an NFTMicroStrategy, a business intelligence firm and a major Bitcoin (BTC) investor, is acquiring more BTC amid the recent…

Malta-based major cryptocurrency exchange OKEx has launched a new crypto derivative product, according to a press release shared with Cointelegraph, Dec.19.As Cointelegraph reported at the beginning of the month, the new product, dubbed Perpetual Swap, is a virtual derivative that lets users speculate on the future value of BTC/USD, according to OKEx’s index.Per the release,…

Pudgy Penguins CEO Luca Schnetzler believes the SEC’s actions against NFTs are nonsense, describing them as a “nothing burger.” 

Bitcoin’s total annual electricity consumption has fallen almost 60% since its all-time peak recorded in mid-May, according to industry data. 42 Total views 1 Total shares Bitcoin’s total estimated annual electricity consumption has plummeted nearly 60%, falling from the all-time peak above 143 terawatt-hours (TWh) in May to as low as 62 TWh in early…