The singularity: How AI could become the final boss whale of crypto

Fraudsters have been adding fake cryptocurrency wallets to the Google Play store in an attempt to cash in on rising bitcoin (BTC) prices, ESET antivirus researchers claimed on May 23.One malicious app imitated the hardware wallet Trezor — and the investigation found that the software had ties to another fake app that has the potential to scam unsuspecting users out of…

Top execs at Mastercard and Wells Fargo agreed that blockchain technology has long-term potential, but it has not been realized to date, CNBC reports on March 28.Wells Fargo CEO Tim Sloan and Mastercard CEO Ajaypal Banga concurred that the potential of distributed ledger technology (DLT) is yet to pay off, but that there are still…

The Monero Project introduced a new trustless way to exchange between Monero and Bitcoin last week. 1390 Total views 8 Total shares Monero (XMR), the largest privacy-focused cryptocurrency by market capitalization, has posted a 20% price surge following the launch of the Atomic Swap implementation program last week.On Friday, the Monero Project officially announced a rollout…

Trading volumes on cryptocurrency exchanges have dipped to new lows in January, according to an analysis published by crypto and blockchain research firm Diar on Feb. 4.Since the beginning of the year, digital currency exchanges have reportedly registered lower trading volumes, marking new lows that have not been recorded since 2017. Diar further notes that…

The radical opportunity presented by decentralized finance has garnered significant attention from investors and speculators alike. The total value locked in DeFi protocols grew over 2,500% in 2020, from around $700 million in January 2020 to over $20 billion in December 2020. TVL is a more useful metric than market capitalization when it comes to…

Institutional uptake of BTC is on the rise. KiwiSaver of New Zealand appears to have built up exposure to Bitcoin in October 2020. 4070 Total views 24 Total shares KiwiSaver Growth Strategy, a $350 million retirement plan operated by New Zealand Wealth Funds Management, has reportedly allocated 5% of its assets to Bitcoin (BTC), underscoring…

The Katalyst protocol upgrade will include the changes in the in-house token model to attract more participants. 1314 Total views 33 Total shares On-chain liquidity protocol Kyber announced on June 29 that a major upgrade of Katalyst protocol will go live on July 7, 2020.The upgrade includes changes to the Kyber Network Crystal (KNC) token…

South Korea's major virtual currency exchange Bithumb has officially launched an over-the-counter (OTC) trading desk under the Ortus brand, according to a press release published on Feb. 7.Hong Kong-based entity Bithumb Global Limited owns the rights to the Ortus brand, which specializes in services for institutional investors. After completing Know-Your-Customer and Anti-Money Laundering inspections, institutional…

After nearly a decade of progress since Bitcoin's inception, regulators could be gearing up for further action, given the industry's recent growth. 2646 Total views 12 Total shares Regulators may see crypto's recent growth as a problem, according to Messari CEO and founder Ryan Selkis. “I’ve never been more bullish on crypto but I think everyone…