Avalanche was selected as the primary settlement layer for IEEE’s certificate issuance because of the need for an ecosystem compatible with the Ethereum Virtual Machine.
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IBM, Meta and others form ‘AI Alliance’ to advance AI development
In a joint statement, IBM and Meta outlined the AI Alliance’s objectives, emphasizing a commitment to safety, collaboration, diversity, economic opportunity and universal benefits.
Bitcoin is up 170% since the ECB called its ‘last gasp’ at $16.4K
Bitcoin completely contradicts what the European Central Bank warned about in late 2022.
Bitcoin is up 170% since the ECB called its ‘last gasp’ at $16.4K
Bitcoin (BTC) has gained almost 170% since the European Central Bank (ECB) warned of its impending “irrelevance.”
As noted by crypto proponent Eric Wall and others on Dec. 4, BTC price action has done the complete opposite of economists’ predictions.
ECB Bitcoin myopia: “What else are they wrong about?”
Bitcoin traded at just $16,400 when, on Nov. 30, 2022, the ECB published a blog post dedicated to its death.
Coming just after the implosion of the FTX exchange and subsequent market flight, the post argued that even those levels were a stopping point on the way to new lows.
“The value of bitcoin peaked at USD 69,000 in November 2021 before falling to USD 17,000 by mid-June 2022. Since then, the value has fluctuated around USD 20,000,” it stated.
Web3 gaming trends in 2024: Execs weigh in on blockchain gaming future
Wemade CEO Henry Chang said that as more developers gain confidence, there will be greater experimentation and more complex use of blockchain elements in games.
Animoca’s Yat Siu bullish on TON partnership as Bitcoin sets strong foundation for 2024
Animoca Brands became the biggest validator of the TON blockchain in 2023, banking on the network effect of Telegram’s 800 million users to drive GameFi adoption.
Cathie Wood’s ARK dumps 237K Coinbase shares at $140
The latest Coinbase sale by ARK is one of its largest daily sales in 2023, third only to two massive sales in July.
Michael Jackson’s first-ever studio demo to be released on blockchain
Over five decades after Michael Jackson recorded a demo version of the song “Big Boy,” it’s set to be released globally on the blockchain as digital vinyl through the blockchain music platform Anotherblock.
France’s 3rd-largest bank, Société Générale, launches euro-pegged stablecoin
The euro-pegged stablecoin will be the first of its kind in the region and will be available to the bank’s customer base for trading use.
France’s 3rd-largest bank, Société Générale, launches euro-pegged stablecoin
The euro-pegged stablecoin will be the first of its kind in the region and will be available to the bank’s customer base for trading use.
US senators drill into FTC’s work to track AI attacks on older citizens
The senators asked the FTC chair four questions about AI scam data collection practices to find out if the commission can identify AI-powered scams and address them accordingly.
Bitcoin Ordinals could be stopped if blockchain bug is patched, claims dev
A Bitcoin Core developer claimed Bitcoin Ordinals exploit a vulnerability allowing inscribers to bypass data size limits, which could soon be fixed.
Bitcoin Ordinals ORDI token tops $1B market cap after 850% monthly gain
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The Bitcoin Ordinals-based ORDI token has become the first BRC-20 token to top a $1 billion market capitalization after staging triple-digit monthly and weekly percentage gains.
ORDI notched a new all-time high of over $65 on Dec. 5, surging more than 850% from around $6.80 on Nov. 5, according to CoinGecko data. ORDI is up 216% in the last seven days.
The sudden ORDI price uptick saw it become the first BRC-20 token to reach a $1 billion market cap on Dec. 5. At the time of writing, it has a value of $1.3 billion.
Bitcoin Ordinals ORDI token tops $1B market cap after 850% monthly gain
Following an outsized rally, ORDI became the first BRC-20 token to breach a $1 billion market capitalization.
Bitcoin Ordinals ORDI token tops $1B market cap after 850% monthly gain
Following an outsized rally, ORDI became the first BRC-20 token to breach a $1 billion market capitalization.
Debt Box urges judge to toss suit, says SEC got case ‘badly wrong’
Debt Box and other defendants in a United States Securities and Exchange Commission (SEC) lawsuit want the case tossed after a court found the agency lied to secure a temporary restraining order against them.
“The SEC got this case wrong. Badly wrong,” lawyers for Digital Licensing, which does business as Debt Box, told Judge Robert Shelby of the U.S. District Court for the District of Utah in a Dec. 4 motion to dismiss. “The SEC should not be allowed to continue to spin a false narrative to avoid dismissal.”
The SEC won a temporary restraining order to freeze Debt Box assets on Aug. 3, claiming the firm would remove evidence and secretly transfer assets overseas if they were notified the order would be imposed on them.
The agency accused the firm of perpetrating a $50 million fraudulent crypto scheme. Debt Box sold software mining licenses tied to real-world assets, which the SEC claimed were unregistered securities. The defendants refute this claim.
“Not only are such allegations false, but they also fail to meet the basic pleading standards,” it wrote in its latest motion.
Debt Box urges judge to toss suit, says SEC got case ‘badly wrong’
The SEC initially misled a court to freeze Debt Box’s assets, which has since been reversed, with the firm citing the incident as grounds to dismiss the suit.
Debt Box urges judge to toss suit, says SEC got case ‘badly wrong’
The SEC initially misled a court to freeze Debt Box’s assets, which has since been reversed, with the firm citing the incident as grounds to dismiss the suit.
Bitcoin futures open interest on CME nears 2021 all-time high
The futures positioning on CME shows Bitcoin could still move higher from its current price, says IG Australia analyst Tony Sycamore.
Coinbase rolls out crypto transfers via links sent on WhatsApp, Telegram
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A new feature from Coinbase Wallet allows for the transfer of crypto through a link that can be sent through some of the most popular social media sites and messaging apps as the crypto exchange looks to make its service accessible to a wider market.
“Users can now send money on any platform that they can share a link,” Coinbase said in a Dec. 5 blog post, naming apps like iMessage, Telegram, WhatsApp, Facebook, Instagram, and TikTok.
There’s no payment fee when sending USD Coin (USDC), a U.S. dollar stablecoin Coinbase launched in 2018.