Tether hires Chainalysis’ chief economist for USDT usage reports
Tether has appointed Philip Gradwell as head of economics to improve transparency on USDT usage to regulators.
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Bitcoin eyes $28K push as traders demand CPI day BTC price volatility
Bitcoin (BTC) tracked $27,500 on May 10 as markets geared up for what should be a positive United States inflation print.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCPI set for months of declineData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it lingered in a narrow trading range ahead of the April Consumer Price Index…
IBM Watson team leader raises $60M for AI startup Elemental Cognition
The company provides two enterprise chatbot solutions, Cogent and Cora, which are tailored for diverse applications. 271 Total views 12 Total shares David Ferrucci, the artificial intelligence (AI) researcher who led the team behind IBM Watson’s development — the question-answering supercomputer developed by IBM — has raised nearly $60 million for his Elemental Cognition AI startup.According…
September sets 2023 exploit record, and DAOs can democratize science: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.In this week’s newsletter, September became the biggest month of crypto exploits in DeFi, with over $300 million in losses, and the popular DeFi lending protocol Yield announced
Price analysis 8/28: BTC, ETH, XRP, LINK, BCH, LTC, BSV, CRO, BNB, EOS
In his speech on Aug. 27, U.S. Federal Reserve chairman Jerome Powell said that the central bank will allow inflation to stay above its 2% target level if the figure has been languishing below that level for a long time. Some analysts believe that this could mean no rate hikes for at least five years. In…
Gold-Based Monetary System to Bring Price Stability to Crypto, Preventing Value Decrease
Gold-based monetary system Kinesis aims to bring price stability to the world of cryptocurrency and to prevent the decrease of its value. The company says it has already attracted interest from key players in the gold industry, which is estimated at $6.8 trillion only on London’s gold market (70 percent of the global trading volume).After…
Bitcoin back above $65K as traders shake off Mt. Gox BTC transfers
Traders ignored the news that Mt. Gox transferred billions of dollars in BTC and instead focused on pushing Bitcoin price above $65,000.
HitBTC Claims Startup Faked Balances as it Denies Freezing $20M Worth of Crypto
Cryptocurrency exchange HitBTC has denied allegations that it froze Brazillian investment startup Atlas Quantum’s funds, claiming the evidence is forged.Atlas Quantum claims the exchange froze $20.7MIn a Twitter argument which began on Oct. 2, the exchange said it had no record of blocking the accounts of Atlas Quantum. The latter had alleged in a video on…
Bitcoin gains traction in West Africa with educational drive
Bitcoin (BTC) adoption in West Africa is dominated by Nigeria, the crypto powerhouse and the region’s economic engine. But against a backdrop of anti-French sentiment, Bitcoin educational efforts are also bubbling away in French-speaking West Africa.Senegal recently opened its first physical Bitcoin exchange and education center called Bitique, and the country of 17 million people…