Outlier Ventures, Morgan Creek Digital launch Web3 Latam accelerator program
The selected teams will receive investment funding and mentorship. The 12-week virtual program includes support in English, Spanish, and Portuguese.
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Crypto Biz: US regulators crack down on Uniswap
This week’s Crypto Biz explores several regulatory developments targeting crypto firms, including charges against Uniswap, a delay in a decision on an eco Bitcoin ETF, and a potential challenge to FTX’s repayment plan.
Regulators have a weak case against FTX on deposit insurance
In a cease-and-desist letter to fast-growing crypto exchange FTX, the Federal Deposit Insurance Corporation (FDIC) shed light on a now-deleted tweet from the exchange’s president, Brett Harrison, and issued a stark warning over the company’s messaging.Harrison’s original tweet said, “Direct deposits from employers to FTX US are stored in individually FDIC-insured bank accounts in the…
Layer-2 and multi-chain DeFi platforms see record inflows as Ethereum fees soar
Since October, Multi-chain compatible DeFi platforms saw record inflows as investors and developers attempted to avoid the Ethereum network due to soaring gas fees. 651 Total views 19 Total shares High transaction fees have been a persistent thorn in the side of investors and blockchain projects since at least 2014 when Ethereum Network co-creator Vitalik…
3 reasons Bitcoin price got rejected at $11,500 — and what comes next
The price of Bitcoin (BTC) rapidly fell after surpassing $11,500 on Binance between Oct. 14 and Oct. 15. Within two hours, it fell to $11,280, recording a 2.3% drop. After the fall, analysts are expecting another minor pullback in the near term.Three factors likely caused the rejection to occur include a sell-off on BitMEX, a…
Bitcoin is cooling its rally — Here are the BTC price levels to watch next
Bitcoin (BTC) consolidated gains on Oct. 27 as the highest levels in six weeks gave way to sideways action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin impresses with stability on GDP printData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $20,500 on Bitstamp after reaching local highs of $21,012 the day prior.The largest cryptocurrency treaded…
Bitcoin fails to convince that bottom is in with $12K ‘still likely’
Bitcoin (BTC) may be circling its highest levels in months, but few are convinced that the bull market is back.Ahead of a key weekly close, BTC/USD remains near $21,000, data from Cointelegraph Markets Pro and TradingView shows, with analysts nervous about the good times ending all too soon.Bitcoin to see new "depression" before bull run…
OpenAI needs a DAO to manage ChatGPT
ChatGPT, a large language model that can converse with users, is one of OpenAI’s ground-breaking models. Although there are numerous advantages to this technology, some worry that it needs to be regulated in a way that ensures privacy, neutrality and decentralized knowledge. A decentralized autonomous organization (DAO) can be the solution to these issues.Firstly, privacy…
Stocks may push Bitcoin to $10.8K, says trader as USD bull run falters
The U.S. dollar currency index caps six days of gains with fresh resistance, while stocks could give Bitcoin a fresh boost, says Michaël van de Poppe. Bitcoin (BTC) may get a “relief” rally closer to $11,000 as stock markets recover and concerns remain over the U.S. dollar.In a tweet on Sep. 8, Cointelegraph Markets analyst…