Artificial intelligence (AI) related crypto tokens posted gains after Tesla and SpaceX CEO Elon Musk on Wednesday unveiled a new AI company called xAI as an alternative to popular chatbot ChatGPT. Sin...
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Crypto News: WisdomTree and blockchain app
Latest crypto news: WisdomTree, an investment fund that manages $93.6 billion in assets, announced yesterday that it has launched a blockchain-native investment mobile app that allows users to trade B...
Ransomware crimes come back to haunt crypto industry in 2023
At the current rate, 2023 was on track to become the second-worst year in terms of ransomware attacks. There was a substantial increase in the number of very large ransom payouts in H1 2023. The late...
Artela Raised $6M; Crypto Funding Help Industry to Expand
Artela ecosystem is constantly making appreciable efforts to extend the boundaries of decentralized applications. On July 12, 2023, the company announced that it had raised $6 Million in the seed fund...
Kim Dotcom’s crypto startup goes into liquidation before it’s even launched
Bitcache, a Lightning Network-based micropayments service created by Megaupload founder Kim Dotcom, has been placed into liquidation after it failed to launch. The company, which was designed to be in...
Lummis-Gillibrand crypto bill faces Congress hurdle, yet could shape future legislation
In a tweet on July 13, Justin Slaughter, policy director at research firm Paradigm and a former SEC senior advisor, expressed his opinion on the future of the Lummis-Gillibrand Responsible Financial I...
Russian Tax Body Allows Citizens to Declare Crypto Earnings for Taxes
In a surprising move, the Russian Federal Tax Service (FTS) has stated that citizens can pay taxes on their cryptocurrency earnings, despite the lack of legal status for tokens in the country. This an...
Crypto market wakes up following lower inflation figures
A very welcome downtick in US inflation to 3% in June has led to a rally in stocks. Today, the crypto market has woken up and is trending higher. Crypto not moving on good inflation data? A report in ...
ChatGPT’s Top Coin Picks for 2023: Monero, Chainlink, and Tradecurve
Investors seek opportunities to maximize their potential returns as the cryptocurrency market evolves. ChatGPT’s top coin picks for 2023 are based on careful analysis and evaluation of various factors...
Ethereum, Solana, Cardano Tops New Crypto ESG Ranking, Bitcoin Downgraded for Energy Usage
The benchmark measured environmental, social and governance risks for and opportunities of digital assets, taking into account a range of metrics including decentralization, energy consumption, commun...
‘Crypto’ scams decline, but ransomware rising at a near-record pace
The frequency of ‘crypto’-related crime is down this year, although you wouldn’t know it from a pair of new criminal cases filed by New York federal prosecutors. On Wednesday, blockchain analytics fir...
S. Korean Regulator to Demand Clear Disclosures on Firms’ Crypto Holdings From 2024
The South Korean Financial Services Commission (FSC) has announced that local companies will be mandated to disclose their cryptocurrency holdings from next year as new accounting rules come into effe...
Telegram Merchants’ Payment Bots Gain Access to Crypto Through Wallet
“In the past, DIY solutions have been available in the form of relatively primitive bots with links to cryptocurrency payment systems or similar products attached to them,” the Wallet team...
Can Threads dethrone Crypto Twitter? New report suggests not
Despite the exponential growth of Threads, Meta’s Twitter competitor, a significant portion of the crypto community remains loyal to Twitter. As reported by NFT Gators, nearly 70% of 117 major players...
Former Ripple CTO Suggests SEC’s Interest in XRP Driven by Actions of Other Crypto Ventures
Stefan Thomas, the former CTO of Ripple, recently expressed his belief that the U.S. Securities and Exchange Commission (SEC) had only filed charges against Ripple due to the actions of other crypto p...
Louis CK Trolls Crypto Twitter, Bitcoin Remains His Non-Scam Favorite
Stand-up comedy legend Louis CK recently ignited a Twitter storm by poking fun at the crypto community, declaring that all cryptocurrencies, except Bitcoin, are scams. In this article, we delve into w...
Is PEPE Coin Crash Imminent? Three Things to Watch (PEPE Price Analysis)
With the price just above a critical support, PEPE is approaching a decisive moment. Key Support levels: $0.00000149 Key Resistance levels: $0.00000164 1. Uptrend Lost PEPE doubled in price during it...
With Backing From Billionaire Kwee Liong Tek, This Singapore Startup Is Bringing Crypto Payments To Luxury Hotels
Dtcpay CEO Kanny Lee (right), Pontiac Land chairman Kwee Liong Tek (middle) and Dtcpay cofounder Alice Liu at the startup’s new office opening ceremony on April 26, 2023. Dtcpay Amid a rocky cry...
BitMEX Launches Guilds, Aims to Redefine Social Trading for Crypto Traders
Key highlights BITMEX’s Guilds is designed to provide a dedicated space for traders to collaborate, exchange ideas, and trade competitively as a collective. The βeta phase of Guilds has seen rem...
Coinbase challenges SEC’s attempt to dismiss defenses, asserts lack of regulatory authority over crypto
Coinbase described the U.S. Securities and Exchange Commission’s (SEC) intent to strike out its defenses as a “disfavored” motion, according to a July 12 letter to Judge Katherine Failla. In the lette...
CFTC Levies $15M Penalty Against Digitex Futures Crypto Platform
The Commodity Futures Trading Commission (CFTC) announced that a U.S. District Court issued a default judgment against a Florida resident and his four companies. The Florida court has injuncted Adam T...
Dapper Labs lays off 51, cites prolonged crypto winter in NFT market
51 Dapper Labs employees have been laid off in the recent layoff. This is the third round of layoffs for Dapper Labs. It made prior layoffs in November and February. In the midst of a protracted crypt...
CPI report: Market reactions diverge as crypto sustain a slight dip
The CPI report showed that inflation rose by 0.2%. The stock market and precious metals saw a rise while crypto dipped slightly. According to recent data, the CPI report for June stayed within the ant...
XRP Climbs To 3rd Place In Crypto Liquidity Ranking
The impending ruling in the high-profile legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has played a pivotal role in reshaping the liquidity dynamics in the crypto m...
US Inflation Still High at 3%, Crypto Market May Stay Bullish
A decline in consumer inflation sparks optimism, yet the crypto market remains largely unaffected by the development. The U.S. Consumer Price Index (CPI) has reached its two-year low following the lat...
Ex-Ripple CTO Says SEC Went After XRP Because of What Other Crypto Projects Did
Former Ripple CTO Stefan Thomas says the SEC only charged Ripple due to what other crypto projects did during the 2017 ICO wave. As the lawsuit between the SEC and Ripple approaches its end, top crypt...
Hedge Funds Display Growing Confidence In Crypto, Reveals PwC Report
A recent report from PwC has highlighted an interesting dynamic: despite an overall decrease in traditional hedge funds’ participation in crypto, confidence in the sector’s long-term prospects seems s...
US industry watchdogs oppose draft bill on crypto market structure
An alliance of industry watchdogs based in the United States has united to express opposition to a proposed draft bill on the crypto market structure by the United States House Financial Services Comm...
South Korea’s FSC to Submit Two Crypto-Related Acts to National Assembly
According to Newsis on July 13, the People’s Power Party and the Financial Services Commission of South Korea are planning to submit amendments to the Electronic Securities Act and the Capital M...
Why Is Bitcoin And Crypto Down Today?
Within the last 24 hours, Bitcoin and the entire crypto market are experiencing a slight downturn, leaving investors wondering about the reasons behind this dip. Bitcoin briefly rose to $31,009 before...
Digital Asset Custodians in the Current Crypto Regulatory Landscape With Arthit Sirumporn
Crypto custodians play a crucial role as the guardians of users’ crypto funds by safekeeping their private keys. The collapse of FTX has altered the complete scenario. The crypto custody industry is c...
Crypto Mining Giant Hive Drops ‘Blockchain’ from Name in Pivot to AI
Hive said that it will move all its GPU arsenal of 38,000 Nvidia GPUs to power cloud technology that hosts advanced AI tools through its new service dubbed HIVE Cloud. Popular crypto mining firm Hive ...