Meta cancels next-gen headset as Reality Labs remains mired in VR
There’s more to the metaverse than hardware, and Mark Zuckerberg appears to be learning that lesson the hard way.
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Is China softening on Bitcoin? A turn of phrase stirs the crypto world
They were only two seemingly innocuous words: “investment alternatives.” But when applied to Bitcoin — the seminal cryptocurrency — by an official from the People’s Bank of China in a recent panel discussion, they reverberated like a firecracker.“A remarkable step for BTC,” Lennix Lai, director of financial markets at OKEx, calls the statement. Michael Peshkam,…
Amid IRS bounty and competitor progress, Monero developers ship a major update
A new Monero update brings improvements in performance, speed, and security amid increased scrutiny from law enforcement and developments from competitors 342 Total views 10 Total shares First announced in September, Monero developers today went live with a network update featuring a new version of its node software, codenamed 'Oxygen Orion.' The product of 30…
Price analysis 2/23: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT
Bitcoin (BTC) and several altcoins have bounced off their immediate support levels after buyers attempted to arrest the current decline. Bloomberg Senior Commodity Strategist Mike McGlone highlighted in a recent Tweet that Bitcoin was trading roughly 20% below its 50-week moving average and such discounted levels have “often resulted in good price support.”The bearish price…
EU Financial Regulator Budgets Over 1 Mln Euro for FinTech and Crypto Supervision
The European Securities and Markets Authority (ESMA) has budgeted over 1 million euro for monitoring fintech and crypto assets, according to a document published Oct. 4.Founded in 2011 in Paris, the ESMA has an objective to develop a uniform rulebook for European Union (E.U.) financial markets, as well as provide market supervision. The authority has…
European Union discusses using zero-knowledge proofs for digital IDs
The proposition to use zero-knowledge proofs was approved by the EU Committee and may become part of the updated legislation. 37 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe European Union is famous for its ambivalent relationship with privacy — on the one hand, it was the…
Sui blockchain taps radio waves to bank the offline unbanked
The Sui blockchain is innovating with alternative methods, such as radio waves, to enable offline crypto transactions for unbanked communities, even those without internet access.
Crypto frenzy may be winding down, Visa CFO says
This spring, crypto-related transactions using Visa were a significant boost to the company’s cross-border volume, although this effect is beginning to wane. 869 Total views 59 Total shares This year has seen unprecedented growth in the crypto markets, with lucrative knock-on effects for third parties like Visa. This, however, may already be beginning to dwindle,…
Signs point to a likely altcoin rally in the final months of 2024
Altcoins fought an uphill battle for the first eight months of 2024, but several signs are suggesting that an explosive recovery is imminent.