BTC price action becomes less sure of itself as a slew of U.S. macro data promises volatility across Bitcoin and risk assets. Bitcoin (BTC) traced $30,000 on April 12 as looming United States macroeconomic data heightened nerves. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst warns markets “discounting significance” of CPI Data from Cointelegraph Markets...Continue Reading
A new NFT warranty service says that protecting collectible digital assets of value can help provide “a sense of security and trust” and encourage new users. The Web3 space has seen its fair share of exploits in the recent past with more than $320 million exploited by hackers in the first quarter of 2023 alone....Continue Reading
BTC price performance gets a fresh boost from strong U.S. inflation data, with Bitcoin bulls eyeing a clean trend breakout. Bitcoin (BTC) spiked higher prior to the April 12 Wall Street open as United States inflation data outperformed market forecasts. BTC/USD 1-minute candle chart (Bitstamp). Source: TradingView CPI offers “great inflation print” for risk-on bulls...Continue Reading
OpenAI has set up a bug bounty program to address privacy and cybersecurity issues, and it will reward security researchers for identifying and addressing system vulnerabilities. Amid privacy and cybersecurity issues, and recent bans in different countries, artificial intelligence (AI) company OpenAI has released a program to combat vulnerability concerns. On April 11, OpenAI, the...Continue Reading
The Bitcoin gaming economy gets a boost from Zebedee’s expansion into Africa, complementing its Brazil and Philippines operations. Gamers in Africa can now send and receive small amounts of Bitcoin (BTC) while playing classic titles like Counter-Strike. Zebedee, a fintech and payments processor targeting the gaming space, has partnered with crypto exchange platform Bitnob to...Continue Reading
The project is also targeting institutional investors by allowing the setting up of 1,000 validators for ETH staking within its platform. Ether (ETH) unstaking, brought about by the Shappella upgrade, a service aimed at validators, is aiming to make staking easier by utilizing Application Programming Interfaces (APIs). In an announcement, blockchain infrastructure provider InfStones said...Continue Reading
According to the fiscal authority, the number of potential taxpayers who failed to declare their crypto assets rose by 40% in a year. The Spanish Tax Administration Agency (AEAT) is increasing its efforts to charge the local holders of crypto assets. The AEAT intends to dispatch 328,000 warning notices to those who should pay their...Continue Reading
Metalpha has secured $20 million out of the planned $100 million for its new fund from overseas Chinese investors, the CEO said. Hong Kong-based cryptocurrency wealth manager Metalpha Technology is working to offer new entry points into Bitcoin (BTC) and Web3 to investors in Asia. Metalpha is raising a $100 million fund to invest in...Continue Reading
With the fall of P2P exchanges like Paxful and LocalBitcoins, the question of how to buy or sell crypto without using CEXs is a pertinent one. The failure of FTX triggered a notable growth of self-custody in 2022, with numerous cryptocurrency investors transitioning from centralized exchanges (CEX) to hardware or software wallets. The rising popularity...Continue Reading
Ren Protocol was acquired by Alameda Research in February 2022 to expedite the decentralization of its tech. Cross-chain bridge platform Ren Protocol has announced that FTX, Alameda Research and other affiliates that acquired the platform in 2022 have authorized and directed the platform to move all its crypto assets to FTX debtors’ wallets. According to...Continue Reading
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