Tether CEO advocates for localized AI models to prevent hacks
Tether CEO Paolo Ardoino responded to OpenAI’s recent hack by claiming that localized AI models are the key to ensuring independence and privacy and preventing future hacks.
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Canada to examine crypto, stablecoins, and CBDCs in new budget
Canada’s government stated its concerns on the risks digital assets and the digitalization of money may pose to its financial system as a reason for launching the consultation. 214 Total views 2 Total shares The Canadian federal government is set to launch a consultation on cryptocurrencies, stablecoins, and Central Bank Digital Currencies (CBDCs) as revealed…
SOON closes funding round for Solana-based layer 2
Backers hail from Solana Labs, Coinbase Ventures and Celestia, among others.
Bitcoin difficulty reaches all-time high, hash rate up 45% in 6 months
The Bitcoin network has hit another all-time high in terms of difficulty as competition between miners intensifies. 90 Total views 14 Total shares The Bitcoin network has hit yet another all-time high in mining difficulty after a steady climb since last July’s lows.On-chain analysis tool CoinWarz indicated on Feb. 18 that mining difficulty reached a…
NYSE Arca withdraws request to list options on commodity trusts, crypto ETFs
It's the latest in a flurry of regulatory activity around options on crypto funds.
Bitcoin Can Gain 100% in 2020 — Halving Not Priced In, Says Fundstrat
Bitcoin (BTC) can deliver 100% returns to investors in 2020 and may rise significantly in the five months until May’s block reward halving, a new report claims. In its forthcoming 2020 Crypto Outlook, market research firm Fundstrat Global Advisors said it believed that the halving was not yet “priced into” the Bitcoin price.Fundstrat expects over 100%…
Ethereum ICO whale deposits 48.5K ETH at 1,024,416% profit
The Ethereum whale deposited 48,500 ETH to a cryptocurrency exchange in just over four weeks, during which Ether’s market cap shed approximately $80 billion.
Is it foolish to expect a massive Ethereum price surge pre- and post-Merge?
Ether’s (ETH) impressive 85% gain in the past 30 days has surprised even the most bullish investors, and it makes the $800 range seen in mid-July seem like ages ago. Bulls now hope to turn $1,900 to support, but derivatives metrics tell a completely different story, and the data suggests that professional traders remain highly…
Grayscale to expand crypto fund offering into Europe
CEO Michael Sonnenshein said the firm’s European rollout would be done piecemeal due to various regulatory regimes and investor attitudes. 228 Total views 4 Total shares Digital asset manager Grayscale Investments is planning to expand its product offerings into Europe to tap into growing institutional demand for cryptocurrencies in the region, CEO Michael Sonnenshein confirmed…