Meta strikes its first AI news deal with Reuters: Report
Meta partners with Reuters in its first major AI news deal, bringing real-time Reuters content to its AI chatbot on platforms such as Facebook, Instagram and WhatsApp.
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Could a Bitcoin bull run be triggered by Fitch’s US credit rating downgrade?
On Aug. 1 a significant event occurred within the financial world: Fitch, a reputable credit rating agency, demoted the credit rating of the U.S. government from the pristine AAA to AA+. This downgrade signaled diminished confidence in the U.S. government's ability to handle its fiscal responsibilities effectively.The downgrade nudged investors into a cautious stance, leading…
Between days in court, Donald Trump will meet crypto enthusiasts for NFT dinner
Anyone who spent at least $4,653 on Trump’s ‘Mugshot’ NFTs will be able to have dinner with the former president in Florida on May 8.
Maker’s Value Locked Breaches $1B Ceiling, but There’s a Caveat
MakerDAO (MKR), the foundational protocol of decentralized finance on Ethereum, hit a new all-time high in the total value locked in its vaults.According to data from Defipulse, the value of the collateral locked in MakerDAO vaults is now slightly above $1 billion following a steep ascent that began on July 22.Source: Defipulse.comMost of that growth…
Binance Research: Bakkt Is ‘Contributing Factor’ to Bitcoin’s Fall
Major cryptocurrency exchange Binance’s newest research supports the theory that the launch of institutional trading platform Bakkt partly caused Bitcoin to drop 20%.In the latest edition of its markets overview, Binance Research, the exchange’s analytics arm, singled out Bakkt as the principal event which occurred just before Bitcoin’s price slip last week.Binance: Bakkt is a…
Bitcoin Price Rally Over? Key $9.4K Support Zone Holds for Now
Bitcoin (BTC) price was unable to hold the psychological barrier of $10,000 and couldn’t break through the resistance of $10,400. This rejection caused a corrective move to $9,450, leaving a $400 CME gap behind. Following Bitcoin’s severe correction, many altcoins also retraced more than 10% over the weekend. But does this mean the bullish momentum is…
New Malware Campaign Spreads Trojans Through Clone Crypto Trading Website
Twitter user and malware researcher Fumik0_ has discovered a new website that spreads cryptocurrency malware, according to a report by Bleeping Computer on June 5.According to the report, the host for transmitting these viruses is a website that imitates the website for Cryptohopper, a website where users can program tools to perform automatic cryptocurrency trading.When…
China: Insurance Giant Ping An Releases ‘White Paper on Smart Cities,’ Advocates for Blockchain
China’s Ping An Insurance, one of the world's largest insurance company groups, has released a "White Paper on Smart Cities," advocating for blockchain tech, AI, big data, and cloud computing, People’s Daily reports August 22. Ping An Insurance, a Chinese conglomerate with operations in insurance, banking, and financial services, was ranked the third most valuable…
Bitcoin steals $47K from bears as critical BTC price resistance crumbles
Sellers are now lying in wait above $49,000 as bulls avoid another tumble toward support at $43,000. 4174 Total views 29 Total shares Bitcoin (BTC) tentatively reclaimed $47,000 on Wednesday in a move that analysts believe should open up the path to $50,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bulls escape another retest of lowsData…