PancakeSwap launches AI-powered prediction market on Arbitrum
Arbitrum users can now predict Ether price movements with PancakeSwap’s AI-powered market, leveraging Allora’s machine-learning data for accuracy.
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Rapper Nas to let fans own part of his music through NFTs
Legendary hip hop icon Nas will drop nonfungible tokens that let users own streaming royalty rights on songs Ultra Black and Rare. 82 Total views 22 Total shares Award-winning rapper Nas will release nonfungible tokens (NFTs) that will let his fans own a stake in two of his songs, Ultra Black and Rare. Users who buy and…

Chinese authorities charge six people over $5.8B PlusToken ponzi scheme
Six individuals associated with the multi-billion dollar PlusToken Ponzi scheme have been prosecuted by Chinese police. Six of the 109 individuals recent arrested by Chinese authorities in connection with the $5.8 billion crypto Ponzi PlusToken have been charged.The defendants Chen Shaofeng, Luu Jianghua, Lu Jianghua, Lu Qinghai, Jin Xinghai, Wang Yin, and Zhang Qin were…

Cathie Wood’s ARK dumps 800K Grayscale Bitcoin Trust shares
The Grayscale Bitcoin Trust, one of ARKW’s top three holdings, could lose its third-place ranking as ARK sheds its shares while increasing its holdings of Jack Dorsey’s Block. ARK Invest, one of the applicants for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, has continued to dump its holdings of Grayscale Bitcoin

Binance’s CZ says Buterin ‘proved me wrong’ and DeFi full of bubbles
Decentralized finance is in full swing, and one of its biggest supporters appears to be the exchange Binance. The platform's United States branch recently joined the Chicago DeFi Alliance, with the aim to further develop the U.S. DeFi industry. Additionally, Binance's support for new DeFi projects continues to grow. Most recently, the exchange has demonstrated…

Researchers allege Bitcoin’s climate impact closer to ‘digital crude’ than gold
Bitcoin mining raises a “set of red flags for any consideration as a sustainable sector,” according to researchers. 1065 Total views 17 Total shares The Bitcoin (BTC) bashing has continued unabated even in the depths of a bear market with more research questioning its energy usage and impact on the environment.The latest paper by researchers…

Evergrande crisis: Buy the dip or bail? Pundits weigh in
As the prospect of Chinese property giant Evergrande defaulting on $305 billion worth of debt looms, pundits are weighing in on how the firm’s bankruptcy could impact the legacy and crypto markets. Speculation as to whether the real estate investment giant will default has coincided with a downturn across the crypto and stock markets, leaving…

Crypto Exchange Gate.io Removes StatCounter Service Following Report of Security Breach
Crypto exchange Gate.io has removed web analytics tool StatCounter from their website following a breach report by cybersecurity firm ESET, according to an official blog post published today, Nov. 7.The company has reported that they immediately removed StatCounter's traffic stats service after receiving a security notice by ESET about suspicious behavior. Gate.io claimed they subsequently…

US Air Force Will Use SIMBA Chain to Secure Its Supply Chain
The United States Air Force (USAF) has chosen smart contract startup SIMBA Chain to provide the blockchain which will be used to secure its supply chain.In a news release published on Aug. 26, SIMBA Chain said the technology it develops will be used on the battlefield and at home.USAF hopes blockchain will make its data more…