Web3 App Development Platform Sort Raises $3.5M to Further Product Growth
Sort allows developers to incorporate smart contracts into apps
Posts published on May 22, 2023 go to media archive 3/4
Crypto Exchanges Experience $1.77B Bitcoin and Ethereum Outflow in 30 Days
Throughout May, the crypto market has remained steady, with a valuation just above the $1 trillion mark. Over the past 30 days, both bitcoin and ethereum prices have remained relatively stable. However, recent data reveals a significant amount of…
When pizza became the unsung hero of Bitcoin’s history: A cheesy celebration
Join the cheesy celebration and learn how Bitcoin Pizza Day shaped the adoption of cryptocurrencies.
US university gets $20M to create new AI institute
The U.S.-based university Carnegie Mellon received $20 million in federal funding to create a brand new AI institute aimed at shaping public policy.
SuperRare's Latest NYC Gallery Pop-Up Will Bring Human Connection Back to NFT Art
The curated NFT marketplace is running a two-month pop-up of 0x.17 gallery, beginning with a solo exhibition from artist Claire Silver about our future with AI.
Why is Bitcoin price stuck?
Bitcoin is a volatile asset but BTC price can get stuck inside narrow trading ranges for week, if not months for multiple reasons.
AI financial tools: A smart way to manage money or a risky experiment?
AI is transforming the world of finance, but is it ready for the retail sector? Experts weigh in.
Illuvium controversy, Aurory Prologue review, Fornite CEO salty, Assassin’s Creed NFTs: Web3 Gamer
Illuvium’s many marketing controversies, Assasin’s Creed’s NFT cubes, Fortnite CEO salty about death of metaverse, Aurory Prologue review.
U.S. Debt Deal Could Weigh On Bitcoin Price, Some Say
Per Observers, U.S. Treasury's efforts to build back cash balances post-debt deal will suck out the dollar liquidity from system, pushing bitcoin lower.
Thirteen years after first Bitcoin purchase, layer-2 solutions struggle to gain traction
In an interview with Cointelegraph, Trust Machines CEO Muneeb Ali explains how Ordinals’ hype could support Bitcoin by attracting more developers and capital to layer-2 solutions.
AI in the metaverse: How proof-of-identity provides human experiences
As AI develops apace, concern about proof-of-humanity is growing.
Bitcoin, Ethereum Technical Analysis: BTC Remains Below $27,000 Ahead of Pivotal Week in US Debt Ceiling Talks
Bitcoin continued to consolidate on Monday, ahead of U.S. debt ceiling talks with President Biden and Republican House Speaker Kevin McCarthy. It is expected that if a deal isn’t reached this week, the government will run out of cash on June…
GameFi developer Gala Games to launch Web3 poker platform with PokerGO
“Players will soon realize the heightened entertainment that comes with playing poker in an immersive Web3 environment,” said Eric Schiermeyer, founder of Gala Games.
Responsible AI can create policies to help ‘better serve society’
Sabin Dima, the CEO and founder of Humans.Ai, said that with the right implementation, governments could use AI to enhance public services and policies.
Bitcoin Pizza Day 2023: Community celebrates anniversary of first known BTC transaction
Redditors wondered where the 10,000 BTC went, with some speculating it was sold when the price surged, while others suggested the keys may have been lost.
Crypto Lender BlockFi Shared Unapproved Reorganization Plan 'Prematurely,' Court Says
The bankrupt estate was ordered to issue a corrective letter clarifying its May 13 disclosure statement was not approved by court.
EOS Network Participants Should Consider Legal Action Against Block.one: EOS Foundation CEO
EOS Network Foundation's founder said the other option is a hard fork to exclude EOS tokens held by B1.
First Mover Americas: Bitcoin Price Edges Lower, Tron Rallies
The latest price moves in bitcoin (BTC) and crypto markets in context for May 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Web3 Move-to-Earn App STEPN Integrates Apple Pay for In-Game Purchases
The blockchain game sees fiat onramps such as Apple Pay as a means onboarding the next 100 million users to Web3, STEPN chief operating officer Shiti Manghani told CoinDesk.
Ordinals Have Proven Demand On Bitcoin, But Fees Will Push Users To Layer 2
This is an opinion editorial by Steven Hay, a writer, former trader and art dealer.The Ordinals controversy is still simmering and seems set to flare up again soon. Although Ordinals’ block space usage had been trending down since March 23, 2023…
The pepperoni on the first pizza bought with Bitcoin is worth $6.5M today
The first known crypto transaction was 10,000 Bitcoin for two pizzas; 13 years on, its ingredients alone equate to millions of dollars worth of Bitcoin.
SWIFT Data Shows Despite De-Dollarization Push, US Dollar Is Still the King of International Settlements
The share of the U.S. dollar usage for international payments has risen to 42.71% in April, despite the push of some countries towards de-dollarization. The dollar remains the most used currency in international settlements, with the euro taking…
The US Treasury is running out of cash — trouble ahead for Bitcoin?
Cointelegraph analyst and writer Marcel Pechman explains how and why the U.S. Treasury is quickly running out of cash, and what that means for Bitcoin and the crypto market.
Massive Gaming Celebrates Global Launch of House of Slots With Unprecedented 1 Bitcoin Giveaway Free Bonus Event
Massive Gaming, a leading name in the gaming industry, is set to create waves yet again with its highly anticipated House of Slots game. To celebrate the global launch of this Vegas-styled social casino genre, Massive Gaming is hosting an…
Crypto Trading Platform Hotbit Terminates CEX Operations
Hotbit users have until 04:00 UTC on June 21 to withdraw their assets from the platform.
Huobi Global ordered to halt operations in Malaysia
Securities Commission Malaysia has ordered Huobi Global to stop all activity after failing to register to operate in the country.
UK Will Need New Laws to Accommodate Future Digital Pound, Lawyers Say
Should the country decide to issue a digital pound, existing data protection, security and anti-money laundering rules would need amending, said Louise Abbott, partner at U.K.-based Keystone Law.
Russia ‘Actively’ Working on SWIFT Alternatives, Foreign Ministry Official Says
The Russian Federation is collaborating with partners to link payment systems alternative to the interbank messaging system SWIFT, a representative of the country’s Ministry of Foreign Affairs announced. The work is part of the de-dollarization of…
Longing for liquidity — 5 things to know in Bitcoin this week
Hopes mount for a breakout from the narrow BTC price trading range; what are the odds it will happen?
Gemini considers forbearance after DCG defaults on a $630M payment
Gemini is planning to file a new motion with the court seeking the return of $1.1 billion of digital assets from DCG-owned Genesis.