A combination of human expertise, NFTs and blockchain technology could help humanity protect its priceless artifacts from theft and looting. Computer scientist Adel Khelifi, of the University of Abu Dhabi, and archaeologist Mark Altaweel, from University College London, recently announced the development of a Web3-based verification-as-a-service model for determining and recording the authenticity and provenance...Continue Reading
Analysts have called for a U.S. recession all year, but stocks continue to creep higher. Here are three metrics investors can watch to know if an economic downturn is coming. Inflation came down a lot faster than most investors and analysts anticipated, reaching 3% in June. The recession that most analysts predicted is nowhere to...Continue Reading
Bitcoin miners make moves in preparation for the BTC block reward halving, which is scheduled for April 2024. In July, Bitcoin mining stocks continued their positive 2023 run, with the top 10 stocks by market cap gaining 23.10% on the month on average, with a year-to-date return of 277.34%. In comparison, the Bitcoin (BTC) price lost 3.59%...Continue Reading
In a 35–15 vote, the House Financial Services Committee approved the Financial Innovation and Technology for the 21st Century Act. Last week, the United States took a step closer to regulatory clarity for its crypto industry. In a 35–15 vote, the House Financial Services Committee (FSC) approved the Financial Innovation and Technology for the 21st...Continue Reading
Authorities in the United Kingdom and France have also reportedly cited concerns over Worldcoin’s data collection methods, which involve collecting iris scans from users. The Bavarian State Office for Data Protection Supervision, or BayLDA, reportedly began an investigation into human identity verification project Worldcoin based on concerns over biometric data. According to a July 31...Continue Reading
Human or an AI bot? Get your eyeballs scanned by OpenAI CEO Sam Altman’s Worldcoin Orbs to prove digital identity and earn cryptocurrency. Is it worth investing in Worldcoin? Worldcoin has sparked interest globally, with some expressing bullish forecasts, while others fearing privacy risks. One must educate themself on all aspects before making any investments....Continue Reading
Bitcoin’s record low volatility is also a sign that the next price breakout will be volatile, but everyone is guessing which direction the price will go and how it will impact altcoins. The S&P 500 Index continued its march toward its all-time high with a 3% gain in July. Signs of receding inflationary pressures and...Continue Reading
The BALD memecoin collapsed in price as collectors alleged an exit scam, but the developer said they had not sold any coins. A new memecoin on Coinbase’s Base network fell 85% after its developer allegedly pulled liquidity of 1,034 Ether (ETH), worth approximately $1.9 million, from the market, according to social media reports and blockchain...Continue Reading
Advocates of the crypto industry in Japan demand the revision of the national tax regime for digital assets. Advocates of the crypto industry in Japan demand the revision of the national tax regime for digital assets. Japan Blockchain Association (JBA), a non-governmental lobbying group, filed an official request to the country’s government, highlighting three major...Continue Reading
BTC price retracing deeper than $25,000 is “possible,” analysis warns, with $28,300 the line in the sand for Bitcoin bulls. Bitcoin (BTC) stayed static at the July 31 Wall Street open as analysis warned that the net was closing in for bulls. BTC/USD 1-hour chart. Source: TradingView $28,300 “last line of defence” for BTC price...Continue Reading
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