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August 14, 2023
Learn essential cryptocurrency security practices to safeguard your digital assets. Explore crucial ways to protect your wallets, prevent hacks and ensure safe transactions. With the growing popularity of cryptocurrencies, the digital landscape has become a breeding ground for scams and fraudulent schemes. Fake cryptocurrencies and fraudulent projects aim to deceive unsuspecting investors and enthusiasts. This...
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BTC price movements edge higher as the Wall Street trading week begins, Bitcoin building on a weekly close which gave cause for cautious optimism. Bitcoin (BTC) hit multi-day highs after the Aug. 14 Wall Street open as modest volatility trickled through to the market. BTC/USD 1-hour chart. Source: TradingView Bitcoin traders provide “some action” after...
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PayPal has launched its own stablecoin, dubbed PayPal USD (PYUSD). The coin is only available to American customers. PYUSD is set to face some hurdles While the PayPal USD stablecoin has the potential to compete with other established stablecoins, it will need to overcome some hurdles. The unveiling of the PayPal USD stablecoin marks the...
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China has been harshly enforcing its crypto ban since the start of the year, cracking down on individuals and projects alike. An individual, identified only as Mr. Chen, has been convicted by the Fuzhou Mawei People’s Procuratorate on charges of “offense of concealment and concealment of crime” for purchasing 94,988 ($13,067) Chinese Yuan worth of...
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Support for crypto among United States politicians and voters appears to be crossing party lines with bipartisanship agreements. Crypto’s legitimacy and adoption have increased in recent years, and along with the uptick in use, the tech has become a topic of political divisiveness, resulting in a perception of partisanship — especially in the United States. ...
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U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in in Q2. Bitcoin (BTC) mining firm TeraWulf has seen a drastic increase in BTC rewards after increasing its mining capacity in the first half of 2023. According to the company’s latest quarterly filing with the U.S. Securities and Exchange...
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The cryptocurrency exchange Coinbase officially launched in Canada in August 2023 and is expanding its service offerings amid a promising local crypto climate. The cryptocurrency exchange Coinbase announced an expansion of its services offered to Canadian users on Aug. 14 through a partnership with the local financial services company Peoples Trust Company.  Coinbase integrated the...
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The next batch of token unlocks for The Sandbox is on Feb. 14, 2024, and will unfreeze over 200 million SAND for its team, company reserve and advisors. Metaverse platform The Sandbox (SAND) has unlocked a total of 332 million SAND tokens, which is around 16% of the digital asset’s current circulating supply. The unlocked...
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The Federal Reserve wrote that it does not support or endorse any showcase providers featured on its website. The United States Federal Reserve’s instant payment system, FedNow, has added a company powered by the distributed ledger technology (DLT) platform Hedera Hashgraph to its list showcasing service providers.  On Aug. 14, FedNow’s official website added Dropp...
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The Google-backed AI developer Anthropic raised $100 million in funding from South Korean telecommunications giant SK Telecom to bolster industry. Artificial intelligence (AI) developer Anthropic announced on Aug. 13 that it is receiving an additional $100 million in investment from the South Korean telecommunications giant SK Telecom.  According to the announcement, the investment comes alongside...
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