PwC hedge fund survey finds crypto remains viable despite recent market turmoil
The portion of traditional hedge funds investing in crypto fell, but many of those still in the market plan to increase crypto investing this year.
Posts published on July 12, 2023 go to media archive 2/4
Silk Road’s Ghosts Haunt Bitcoin Market As US Government Moves 9,800 BTC
A significant development has emerged in the ongoing saga surrounding the defunct criminal online marketplace Silk Road. On-chain data suggest that a massive amount of funds tied to the marketplace is on the move, with more than 9,000 Bitcoin (BTC)…
Bored Ape floor price falls below 30 ETH: Nifty Newsletter, July 5–11
A decentralized finance borrower used a nonfungible token representing a luxury watch to take out a $35,000 loan.
CFTC case against Digitex futures exchange and CEO results in $16M court order
The commission filed charges against Digitex and CEO Adam Todd in September 2022 for alleged price manipulation and failure to register.
SEC Inspector General Urged To Investigate Prometheum SPBD Approval Amidst Crypto Regulatory Scrutiny
The Blockchain Association, a nonprofit organization advocating for pro-innovation policies in relation to Bitcoin, has called for an investigation into the Securities and Exchange Commission (SEC) and its approval of Prometheum Ember Capital as a…
Even as Inflation Risk Fades, Bitcoin Remains Stuck Below $31K
Wednesday's CPI report showed sizable decelerations in both overall and core U.S. inflation, which one might've thought would drive BTC's price higher.
Price analysis 7/12: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT
Bitcoin continues to face strong resistance at $31,000, but supportive macroeconomic factors could tilt the advantage in favor of the bulls.
Cosmos-based Osmosis launches concentrated liquidity, lets LPs choose price
The new feature offers higher fees to LPs who provide liquidity within tighter price ranges but also causes them to not earn fees if the price goes outside of the range.
European regulator releases consultative paper on MiCA standards for crypto asset service providers
The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations.
Bitcoin Stuck In Tight Range: Will BTC Decompress With A Big Move?
Data shows Bitcoin has been stuck in a historically tight 14-day range recently, something that has decompressed into big moves in the past. Bitcoin 14-Day Range Has Been Extremely Narrow Recently According to data from the analytics firm…
Top Stablecoins See Steady Decline Over Past Month as Dollar-Pegged Token Economy Shrinks
The top stablecoins have continued to see redemptions over the past 30 days as the dollar-pegged crypto economy currently hovers at $127.32 billion on July 12. The stablecoin BUSD’s supply has dropped below the 4 billion mark as the…
Circle Cuts Workforce, Ends Certain 'Non-Core' Activities; Will Continue Hiring Globally
Stablecoin issuer Circle has cut its workforce slightly to maintain a “strong balance sheet,” the company said Wednesday.
Elon Musk kickstarts new AI company to ‘understand the universe’
"The goal of xAI is to understand the true nature of the universe," the company wrote.
Elon Musk's New ChatGPT Competitor Boosts AI-Related Crypto Tokens
Tokens such as AGIX and FET saw modest bump after Musk announced new Artificial Intelligence (AI) company "xAI" to take on ChatGPT.
FTT Up By 21% Despite FTX Claims Portal Troubles
FTT, the native token of the controversial FTX ecosystem, has been pumping lately. This recent price upswing was triggered by the launch of a customer claims portal, an online platform for customers to access their account information and submit…
Bitcoin mining difficulty hits all-time high as BTC miner selling peaks
In recent weeks BTC miners sent a record amount of Bitcoin to exchanges right as the network’s difficulty metric hit a new all-time high.
Digitex Founder Ordered to Pay $16M to Resolve CFTC Action, Banned From Trading
The founder of crypto exchange Digitex, Adam Todd, has been ordered by a federal court to pay almost $16 million to resolve accusations that he ran an illegal platform and sought to manipulate its native token, DGTX, the U.S. Commodity Futures…
Blockchain Association calls for investigation into Prometheum over alleged 'sweetheart' SEC deal
The group raised concerns over Prometheum's changing position on crypto regulatory clarity and under what circumstances the firm obtained a special purpose broker-dealer license.
Google Play Changes Policy on Tokenized Digital Assets, Allowing NFTs in Apps and Games
Google Play announced a major shift in policy today, allowing developers to incorporate digital assets such as NFTs into their apps and games in the store. Companies that decide to offer the ability to buy, sell or earn tokenized assets will be…
Conflux (CFX) Climbs By 11% As Bank of China Begins Sim Card Payment With Digital Yuan
Biggest Movers: BCH 6% Higher, as US Inflation Falls by More Than Expected
Bitcoin cash rose by nearly 6% on Wednesday, following the release of the latest consumer price index (CPI) in the United States. Inflation fell by 1.0% from May, coming in at 3.0% last month. Polkadot also rose, extending its winning run for a…
Crypto Analysts Can Learn Something From Baseball
Searching for crypto’s future stars among young prospects.
Can Crypto Match the Internet and Hit 5B Users?
While early growth in both spaces has been eerily similar, don’t get too excited about crypto’s future.
What is QuillBot, and how do I use it?
QuillBot is an AI-powered writing tool that helps users improve their writing once they simply enter the text and explore the suggestions.
The Jackson Pollock Studio Splatters Beyond the Physical, Releases Digital Art Collection
Beyond the Edge, inspired by the famed artists’ former workspace, features digitized Pollock works that come with a physical counterpart.
What Is Ethereum’s ‘Data Availability' Problem, and Why Does It Matter?
Separate “data availability” layers could reduce congestion on the Ethereum network by making it easier for ancillary “rollup” networks to verify that transactional details exist and are available to download if needed — without actually…
Crypto scams are down 77% — but this exploit is making a huge comeback
Attackers of this kind are supposedly "big game hunting” large-scale organizations with deep pockets to extract ”the most money possible” out of these firms.
Celsius Takes Legal Action Against StakeHound For Withholding $150 Million
Bankrupt cryptocurrency lender, Celsius Network, has filed a lawsuit against Liquid Staking Platform StakeHound. The crypto lender claims that Stakehound allegedly owes $150 million worth of tokens, including ether (ETH), Polygon’s MATIC…
Blockchain gaming platform creates refundable NFT program
Spielworks CEO Adrian Krion said that the NFTs will also provide mining power and material drops to players of their Dungeon Worlds game.