MEV bot scam rides AI hype to return under new name, says SlowMist
Blockchain security firm SlowMist found a growing number of people lost funds to fake trading bots that use OpenAI’s ChatGPT in the name to build legitimacy.
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Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning
The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success. 221 Total views 4 Total shares The Reserve Bank of Zimbabwe has sold 14 billion Zimbabwe Dollars’ worth of gold-backed digital tokens worth around $39 million despite a warning from the International Monetary Fund.On May 12, the central bank of Zimbabwe announced…
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New Blockchain Project Lets Users Choose Their Renewable Energy Source
Australian blockchain firm Power Ledger and French green energy retailer ekWateur are betting that consumer choice can help spur the transition to sustainable energy usage.In an announcement on April 1, the two firms revealed that they will be offering almost a quarter of a million French residents the opportunity to customize their energy mix, using…
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Ready to deploy? Amazon’s Bitcoin acceptance can prime a payments future
Maybe Amazon really isn’t preparing to accept Bitcoin (BTC) as payment for its goods and services before year’s end, and perhaps Apple isn’t in fact adding $2.5 billion of Bitcoin to its balance sheet — although both events were reported recently, they are still unconfirmed. The question still remains: If and when the tech giants…
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Bitcoin derivatives data shows room for BTC price to move higher this week
This week Bitcoin (BTC) rallied to a 2023 high at $23,100 and the move followed a notable recovery in traditional markets, especially the tech-heavy Nasdaq Composite Index, which gained 2.9% on Jan. 20.Economic data continues to boost investors' hope that the United States Federal Reserve will reduce the pace and length of interest rate hikes.…
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Bitcoin whales now add just 1% to their BTC holdings per month
Bitcoin large-volume investors have slowed their BTC accumulation to a crawl versus the run-up to all-time highs earlier this year.
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Industry leaders and policymakers react to passage of MiCA in EU
Many lauded the bill’s approval, suggesting that its anticipated passage could leave the United States at a disadvantage for attracting crypto firms and investments. 605 Total views 5 Total shares Own this piece of history Collect this article as an NFTThough a crypto-focused regulatory framework still needs approval from the European Council before final passage,…
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US Treasury Secretary Yellen says crypto misuse is a growing problem
The private sector invests enormous resources to help the government combat crypto crimes, U.S. Treasury Secretary Janet Yellen said. 4018 Total views 17 Total shares United States Treasury Secretary Janet Yellen is concerned about crypto's supposed criminal element. In Feb. 10 remarks to a financial sector innovation roundtable, United States Treasury Secretary Janet Yellen stated that…
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60% of crypto investors are young, educated and invest under $10K — Survey
A CryptoQuant survey reveals that young, educated and experienced investors dominate the cryptocurrency market, with Binance emerging as the most preferred exchange.