Navigating the Web3 Gaming Frontier: Insights From Ilya Abugov of Sanctor Capital
Sanctor Capital is a sanctuary where bright minds can find the support they need to maximize their impact on the industry. They have a long successful track record of guiding early-stage projects to Web3 market success. Ilya Abugov is a Partner at…
Dogwifhat On The Edge: Can WIF Hold Above $1.47 As Bears Close In?
Dogwifhat (WIF) is at a critical juncture as the price hovers around the $1.47 support level, with bearish pressure mounting. After a period of relative stability, the cryptocurrency is now under threat from renewed selling momentum that could push…
First Mover Americas: BTC Regains $60K Following Slide This Week
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 29 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
California lawmakers push through controversial AI bill opposed by OpenAI
California lawmakers advance a controversial AI safety bill, SB 1047, despite pushback from major tech companies and now awaits full approval of Governor Gavin Newsom.
Hong Kong Regulator Launches Sandbox to Test Tokenized Asset Transactions
The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank settlement using tokenized currency and central bank digital currencies. The HKMA will…
Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS
Banks that transact on permissionless blockchains face multiple risks, including money laundering and terrorism financing, the Basel Committee on Banking Supervision said.
B2BROKER’s B2COPY Fully Integrates With Spotware’s cTrader
B2BROKER, a developer of the advanced copy trading platform B2COPY, has recently integrated its B2COPY platform with Spotware’s cTrader, the premium and first Open Trading Platform. This integration enables cTrader’s brokers and traders to…
Chainlink (LINK) Could Drop To $8 If It Loses Current Support: On-Chain Data Reveals
Chainlink (LINK) has faced significant volatility this week. Its price dropped over 13% from Monday’s high, bringing LINK to a critical support level of around $11.20. Traders and investors are closely monitoring this crucial area. The…
Cash-to-Crypto Industry Dominated by ATMs Is a Law-Enforcement Concern: TRM Labs
Since 2019, the cash-to-crypto industry—which is dominated by crypto ATMs—has processed at least $160 million in illicit volumes, according to a new study by blockchain analytics firm TRM Labs.
Fully Onchain AI Model Deployed on Internet Computer (ICP) Blockchain
Decideai, a Web3 company focused on creating artificial intelligence (AI)-based large language models (LLMs), has deployed its GPT-2 LLM fully onchain via the Internet Computer (ICP) blockchain. This development leverages ICP’s capabilities to…
Indian Court Orders Scam Websites Using Crypto Exchange Mudrex's Name to Be Taken Down
Indian cryptocurrency exchange Mudrex won a court order telling the country's Ministry of Communication to take down as many as 38 websites that were exploiting the company's name to carry out scams.
Lightning Network Protocol Stacks Completes Nakamoto Upgrade With Defi Features
The Bitcoin Lightning Network’s Stacks protocol has completed its Nakamoto upgrade, finalizing a series of enhancements that began in April 2024. This latest phase, delivered on August 28, 2024, introduces stronger transaction finality guarantees…
Crypto Crash: $320 Million Wiped Out As Bitcoin And Ethereum Nosedive
After touching recent highs of $64,653 for Bitcoin and $2,815 for Ethereum, in a sudden move backward, the cryptocurrency market had sharply backpedaled on Thursday, with Bitcoin shedding more than 6% and Ethereum dropping more than 7%. This sudden…
Missouri Man Arrested for Extorting Former Employer With Bitcoin Ransom
A Missouri man, Daniel Rhyne, was arrested for attempting to extort his former employer, a New Jersey-based industrial company. Rhyne, a former core infrastructure engineer for the company, allegedly sent an extortion email on Nov. 25, 2023…
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