DOGE Breaks Free From Multi-year Descending Order, What’s Next?
Dogecoin has also benefited from the general crypto market rally, gaining over 7% in the past week. DOGE has settled at the $0.069 price range today, with its market cap above $9 billion, showing its massive adoption. Also, on the weekly chart…
Biden administration releases executive order for new AI safety standards
The U.S. government’s executive order establishes six new standards for AI safety and security and its intentions for ethical AI usage within the government.
Sam Bankman-Fried Grilled by Prosecutor, Who Points Out Contradictions in His Testimony
Assistant U.S. Attorney Danielle Sassoon repeatedly cornered the FTX founder on his public statements about his involvement with his affiliated trading firm Alameda and the safety of exchange customer assets.
Bitcoin Difficulty Soars to Record 62.46 Trillion, Miners Unfazed Amidst Tight Competition Between Foundry and Antpool
On October 29, 2023, Bitcoin’s difficulty rose 2.35%, reaching a record 62.46 trillion. This uptick represented the fourth consecutive rise over the preceding six weeks. The next difficulty epoch is slated for November 12, 2023, and as it stands…
The industry is reeling as governments, legislators, and even investors ask if its networks are being exploited by terrorists. A sense of proportion may be needed.
19,197 BTC Makes Its Way Out Of Binance, Trigger For Bitcoin Recovery?
A massive amount of 19,197 BTC worth $652 million recently made its way out of Binance all at once, triggering a curious reaction from Bitcoin investors. The timing of the transfer is interesting, as Bitcoin is currently trading in a range and is…
The threat of online censorship is real and an ever-expanding threat to our freedom of speech and association. Before the creation of the Internet, the way most people connected was through their community. Places such as moose lodges, rotary…
Bitcoin, Ethereum Technical Analysis: ETH Moves Back Above $1,800, BTC Remains Near Recent Highs
Ethereum once again rallied above the $1,800 level on Monday, ahead of a highly significant week of U.S. economic data. Over the next few days consumer confidence, and nonfarm payrolls will be reported, ahead of a Federal Reserve policy meeting…
First Mover Americas: Bitcoin Ticks Along Above $34K
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Retail CBDC Could Add Unique Value, but Further Investigation Is Needed, Hong Kong Central Bank Says
A retail central bank digital currency could add unique value to the existing payments ecosystem and enable new types of economic transactions, but further investigation is needed, Hong Kong's central bank said.
DeFi Market Recovers From 30-Month Low as Volume Hits Highest Point Since March
The total value of all assets locked on decentralized finance (DeFi) protocols has surged to a three-month high of $42 billion after being at its lowest point since February 2021 just two weeks ago.
XRP Price Breakout Soon? Analyst Points To Bullish Structural Signs
In a detailed analysis shared on social media today, renowned crypto analyst Egrag points to several bullish indicators in the XRP price structure, suggesting the potential for an imminent breakout. Egrag evaluated various timeframes, identifying a…
Thai Bank Acquires 97% Stake in Bitcoin and Crypto Exchange
In a strategic move that solidifies its presence in the cryptocurrency sector, Thailand's Kasikorn Bank has announced the acquisition of a 97% stake in Satang Corporation Company Limited, the parent company of the Satang cryptocurrency exchange.The…
The Group of Seven (G7) countries will agree on a voluntary AI code of conduct for companies developing AI to reference for mitigating risks and benefits of the technology.
South African Crypto Platform Pins Hope on ‘Phased Asset Recovery’ Proposal
A South African crypto investment platform has expressed hopes that an asset recovery proposal will result in users regaining access to funds blocked after its custody partner froze withdrawals. The crypto platform said it has also engaged…
Ethereum (ETH), one of the leading cryptocurrencies, is displaying remarkable resilience in the face of recent market fluctuations. Despite experiencing relatively modest gains compared to Bitcoin (BTC) and other major altcoins, ETH has managed to…
Saudi’s NEOM partners with Animoca Brands for regional Web3 development
Saudi Arabia’s forthcoming regional development project, NEOM, has partnered with Animoca Brands to push Web3 in the region and a potential $50 million investment deal.
Bitcoin price and energy use for mining highly correlated: UN report
UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global BTC mining network consumed 173.42 TW/hs of electricity.
Crypto Analyst Presents Uniswap’s UNI As The Next Coin Primed For Breakout
Several altcoins are currently on the rise following Bitcoin’s resurgence, and popular crypto analyst Ali Martinez has singled out the Uniswap UNI token as one of those tokens that could rally further as he projects that UNI is set to break out…
Sam Bankman-Fried Implied His Friends Lied About His Role in FTX's Collapse
Sam didn't do it. He didn't defraud anyone, he didn't steal customer funds – he just built a company which "turned out basically the opposite" of the product he envisioned when he founded FTX: "A lot of people got hurt – customers, employees – andâ€
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