Price analysis 7/29: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT
Bitcoin’s price action remains lackluster, but select altcoins are showing signs of breaking out of their respective resistance levels.
Posts published by Cointelegraph.com News 409/654
GitHub, Hugging Face, urge EU to relax open-source AI rules
An open letter calls for a review of the European AI Act, claiming that existing provisions would hinder open source AI development.
Kansas Heartland Tri-State Bank closed by FDIC as banking crisis deepens
Heartland Tri-State Bank of Elkhart was closed on July 29, with the Federal Deposit Insurance Corporation (FDIC) taking control.
X’s ad revenue sharing: Crypto payments on the horizon?
Should Elon Musk’s platform choose to introduce crypto payments in the future, Stripe’s on-ramp service could prove beneficial.
Worldcoin stuck after 70% drop from peak — More downside for WLD price?
WLD price may get anchored to $2 until October, primarily due to its initial supply distribution.
Lawmakers probe Apple’s App Store policies on blockchain, NFTs
Their letter aimed to explore whether these guidelines might inadvertently hinder the progress and growth of cutting-edge innovations.
US banking advocacy group supports Sen. Warren’s reintroduced crypto bill
According to the Bank Policy Institute, the inclusion of digital assets in the anti-money laundering framework is essential to safeguard the United States' financial system and protect the nation from illicit finance.
SEC, Binance unite against Eeon’s lawsuit intervention
The U.S. SEC claims that Eeon has a history of repeatedly unsuccessfully representing itself in court cases.
Hester Pierce strikes back against SEC crypto warning to accountants
Hester Pierce, commissioner of the United States Securities and Exchange argued that full transparency should not come at the cost of compromising good-faith efforts.
Worldcoin releases audit reports showing resolved security issues
The proof of humanness protocol released security audit reports claiming that most issues were fixed or mitigated.
Worldcoin is making reality look like a lot like Black Mirror
OpenAI’s sister company Worldcoin wants you to buy its coin — and possibly unleash a tempest of problems across the world in the process.
German regulator raised concerns about Binance CEO prior to license application withdrawal: Report
BaFin reportedly advised Binance that CEO Changpeng Zhao wouldn’t pass a “fit and proper” test as part of the financial watchdog’s licensing regime.
Another week of DeFi hacks, but ZK-proof development heats up: Finance Redefined
The total value locked in DeFi protocols remained below $50 billion after another week of exploits.
Pond0X token launch snafu leads to millions of dollars in losses
Investors reported they lost up to $2.2 million when the developer of Pond0x allegedly mishandled the token’s launch.
Seda co-founders discuss intersection of oracles and multichain
Oracles enable value, but they are also susceptible to value manipulation; co-founders of Cosmos-based Seda discuss their benefits and how to prevent pitfalls.
Crypto Biz: Elon Musk’s X targets financial services, PacWest emergency rescue and more
This week’s Crypto Biz explores Elon Musk’s plans for X, the Italian central bank’s take on DeFi, PacWest’s merger with Banc of California and more.
Sam Bankman-Fried’s legal team turns over docs related to NYT story, requests they be sealed
Lawyers claimed there was a “need to avoid” the public dissemination of documents Sam Bankman-Fried had shown a New York Times reporter that led to a story on Caroline Ellison.
BTC price shrugs off strong PCE data as Bitcoin traders eye $28K range
Bitcoin traders expect downside as BTC price offers a muted reaction to the Fed's "preferred" inflation metric.
6 Questions for Simon Davis of Mighty Bear Games
Mighty Bear Games CEO Simon Davis — AKA “Papa Bear” — gave us a look inside his Web3 gaming studio, and his thoughts on the future of gaming.
French privacy watchdog questions Worldcoin's data collection method: Report
The French data protection agency CNIL said that it finds the legality of Worldcoin’s collection methods “questionable” as are its conditions for storing the data.
Blockchain technology lets East African farmers sell globally
Blockchains’ tracing capacities can help certify that crops weren’t grown by razing woodlands or harvested with child labor.
Is 2023 the year we’re able to take control of our data?
Given the importance of sovereignty and data today, it is not possible for people to be fully sovereign without entrusting sovereignty over their own data.
Indian Supreme Court raps Union government on crypto rules delay: Report
The Supreme Court bench asked the union government to file a report on whether the latter is capable of setting up a federal agency to investigate crypto-related crimes.
The Agenda podcast chats with Energy Web on how to fight climate change with help of blockchain
Energy Web CEO Jesse Morris explains why blockchain can make “going green” more efficient, how fighting climate change is easier and why they are building on Polkadot.
Bitcoin price risks ‘major volatility’ as 10K BTC hits exchanges
Bitcoin exchanges see the largest one-day exchange BTC inflow since the Silicon Valley Bank collapse.
Here’s how big food and beverage brands are using NFTs: Report
The key supporting factors for the market are the adoption of blockchain technology and the demand for NFTs for transparency and traceability in the food industry.
US Senate approves national defense bill that also targets crypto mixers
An amendment in the bill tightens oversight on institutions that are engaging in crypto trading.
What is simulation theory? The savage illusion of living in a computer simulation
Simulation theory proposes that our reality is a sophisticated computer simulation, raising profound questions about the nature of consciousness and existence.
Hydropowered crypto mining gets nod from Kyrgyz president: Report
Kyrgyz President Sadyr Japarov promised to distribute money from crypto mining at the hydropower plant to “ordinary people.”
The Sandbox and the British Museum bring art and history to the metaverse
The partnership between The Sandbox, the British Museum and laCollection intends to make artifacts in the museum’s collection more accessible.