Stablecoin firm Tether invests $200M in neurotech company
Tether’s brand new division Tether Evo has completed a $200 million strategic investment in the neural implant firm.
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Oxfam Trials Aid Distribution With DAI, Future Use ‘Highly Likely’
Throughout May 2019, United Kingdom-based nonprofit organization Oxfam International executed a month-long trial that saw MakerDAO’s DAI stablecoin distributed as a means of exchange among citizens of Vanuatu. The Oxfam initiative, named UnBlocked Cash, was conducted in partnership with MakerDAO, ConsenSys and Australian tech startup Sempo. The Australian government also supported the program.Tsunamis, cyclones and…
FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts
The recent surge in FTX claims is attributed to its early investment in AI companies, which have jumped in valuation. 400 Total views 12 Total shares The current claim pricing of FTX has reached a maximum of 57%, according to data from Claims Market. The increase in FTX’s claim pricing is attributed to the valuation
Japan’s crypto self-regulation ‘experiment’ not working
Japan’s self-regulation “experiment” for the crypto industry is reportedly not working as well as intended, according to local government and industry experts. Since 2018, the Japan Virtual Currency Exchange Association (JVCEA), a self-regulation entity, has been tasked with creating guidelines for the country’s crypto industry, with arguments at the time that the entity could be…
Key data points suggest the crypto market’s short-term correction is over
The performance of cryptocurrencies in the past 7 days might have seemed slightly unexciting, especially since the total market capitalization increased by “only” 1.8% to reach $2.7 trillion. However, even with the muted price action, some altcoins managed a decent rally. Bitcoin (BTC), on the other hand, was down 6% until Nov. 28, but it…
Sam Bankman-Fried aspired to become US President, says Caroline Ellison
The former CEO of crypto exchange FTX also reportedly explored paying off Donald Trump from running for U.S. President again. Former FTX CEO Sam “SBF” Bankman-Fried had ambitions to become the President of the United States, according to his former girlfriend and business associate Caroline Ellison.Appearing in court on Oct. 10 to testify against Bankman-Fried
Sui is growing due to great developer experience — Router CEO
The SUI token experienced a 115% month-over-month gain in October and continues to appreciate as it emerges as a Solana competitor.
Stock-to-Flow Creator Says Bitcoin is ’Not a Toy Anymore’
PlanB, the pseudonymous creator of Bitcoin's stock-to-flow model, explained Bitcoin's journey from a proof-of-concept to a mainstream financial asset. 1595 Total views 38 Total shares Crypto analyst and Twitter personality, PlanB, recently said Bitcoin is serious business as he recapped the asset's journey over the last decade. “This thing is not a toy anymore," PlanB told…
Bitcoin bids move to lowest since March as BTC price dips under $25.7K
Bitcoin’s (BTC) bullish momentum is “fading” as liquidity shifts preempt a volatile move, a new analysis warns.In an X post on Sep. 6, Keith Alan, co-founder of monitoring resource Material Indicators, flagged fresh shifts on the Binance order book.Analyst: Bitcoin bulls and bears both lack “real strength”BTC’s price has stayed tightly rangebound since the weekend