Singapore's DBS Bank holding $650M Ethereum? Nansen flags whale holdings

“Crypto mining operations are price-sensitive entities that may be quickly scaled back or shut down if mining becomes uneconomical," said the agency. 701 Total views 7 Total shares Global credit rating agency Fitch Ratings is warning public power utilities across the United States to mitigate the risk crypto mining could post their production of power.In…

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

“Degen Zoo” has seen more than 115,000 wallets register to join the game, pledging over $700 million. 562 Total views 31 Total shares Own this piece of history Collect this article as an NFTDegen Zoo, an NFT game inspired by YouTuber Logan Paul’s controversial Crypto Zoo concept, has seen more than 115,000 wallets register to…

The Bitcoin price (BTC) has surpassed the $21,000–$22,000 resistance range to rise above a new high of $23,000 on Dec. 17. Meanwhile, on-chain analyst Willy Woo now says $100,000 is a “ridiculously low” target.BTC/USD weekly chart (Bitstamp). Source: TradingviewThe $21,000 level was particularly important for Bitcoin to continue its rally in the near term. Exchange…

Ethereum's switch to proof-of-stake (PoS) on Sept. 15 failed to extend Ether's (ETH) upside momentum as ETH miners added sell pressure to the market. On the daily chart, ETH price declined from around $1,650 on Sept. 15 to around $1,350 on Sept. 20, an almost 16% drop. The ETH/USD pair dropped in sync with other top…

The new partnership offers investors extra choice and “mitigates the risks” of Australian crypto banking blocks, said Independent Reserve CEO Adrian Przelozny. 392 Total views 5 Total shares The CEO of Australian crypto exchange Independent Reserve says it has turned to payments giant PayPal to hedge against increasing bank restrictions against crypto exchange payments.The exchange…

Generative artificial intelligence models such as OpenAI’s ChatGPT are trained by being fed giant amounts of data, but what happens when this data is copyrighted?Well, the defendants in a variety of lawsuits currently making their way through the courts claim that the process infringes upon their copyright protections.For example, on Feb. 3, stock photo provider…

Uniswap’s dominance over the Ethereum DEX sector continues to grow, with the exchange representing more than half of the sector’s combined weekly volume. 1626 Total views 13 Total shares The amount of collateral on decentralized exchanges is nearing a milestone high of $10 billion, with Uniswap still sitting at the top of the heap.Volumes and…