Layer N ditches Ethereum, says new L1 will support Typescript, Rust, C

Bitcoin (BTC) recovered above $29,000 into Aug. 8 as one trader eyed a potential breakout already underway.BTC/USD 1-hour chart. Source: TradingViewBTC price teases falling wedge breakout Data from Cointelegraph Markets Pro and TradingView followed a modest BTC price rebound after it set local lows of $28,670.Still in a tight range, Bitcoin largely followed United States equities…

U.S.-based financial institution BNY Mellon, the world’s largest custodian bank and asset servicing company, states that the recent performance of one of its exchange-traded funds, or ETFs, was significantly impacted by its lack of exposure to companies investing in Bitcoin.The BNY Mellon Opportunistic Small Cap Fund (DSCVX) gained 35% from September 1, 2020, through February…

Google’s been forced to postpone the launch of its Bard AI service in the EU after Irish regulators accused it of failing to file the proper paperwork. 264 Total views 2 Total shares The Irish Data Protection Commission (DPC) has reportedly blocked the launch of Google’s generative artificial intelligence (AI) service, Bard, in the European…

Thursday, June 6 — Bitcoin (BTC) and ether (ETH) are trending down slightly following the slump from the recent rally. Top cryptocurrencies are seeing a mix of ups and downs, according to data from Coin360.Market visualization courtesy of Coin360After its surge to $9,000 last week, BTC is down by 1.67% on the day, and is…

Bitcoin (BTC) was created in the aftermath of the 2008 financial crisis and planned to solve the problems created by loose monetary policies. The cryptocurrency’s creator, Satoshi Nakamoto, said in late 2008 that the cryptocurrency’s supply increases “by a planned amount” that “does not necessarily result in inflation.”The cryptocurrency’s inflation rate has been fixed and…

Crypto-social media chatter regarding the halving spiked overnight, after being overshadowed by gold in February and the coronavirus in March. 2654 Total views 40 Total shares With less than three weeks until the halving, the subject has overtaken the coronavirus as a leading Bitcoin narrative on Twitter — and it’s once again starting to dominate…

The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management. 547 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTA United States banking industry regulator warned banks of the “emerging risks” of cryptocurrencies…

Cointelegraph breaks down stablecoins and how they give users a way to safely store their assets without worrying about depreciation. 216 Total views 3 Total shares Cointelegraph’s director of video production Jackson DuMont dissected stablecoins in the latest episode of Cryptopedia. DuMont also explored and explained algorithmic stablecoins and the recent incident involving the TerraUSD…