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August 16, 2023
Short-term holder supply has declined to just 2.56 million BTC, but the current Bitcoin market may be “top heavy,” warns Glassnode. Bitcoin (BTC) speculators are leading a period of “exhaustion and apathy” across the market, new research says. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode wrote about waning...
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Coinbase is preparing to roll out cryptocurrency futures trading for institutional investors in the United States. Cryptocurrency exchange Coinbase has obtained approval from the National Futures Association (NFA) to offer investments in crypto futures to eligible customers in the United States. Announcing the news on Aug. 16, Coinbase stated that the company is now officially allowed...
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The Bitcoin network’s fee-to-reward ratio refers to the proportion of the miner’s income coming from transaction fees compared to the total block reward. Will the fee-to-reward ratio continue to impact Bitcoin transactions in a post-mining era? Although the ratio’s dynamics will change from being dependent on newly created BTC to transaction fees, its importance in...
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Crypto assets seized by the Federal Bureau of Investigation included Bitcoin, Ether, Tether, Monero and DAI. A public filing released by the United States Federal Bureau of Investigation (FBI) shows that around $1.7 million worth of digital assets were seized by the law enforcement agency from March to May. According to the Filing, the FBI...
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The cybersecurity firm has still not been able to determine the actual names or identities of the hackers despite the findings. Potential evidence linking an anonymous scammer to a Canadian group was highlighted by blockchain security firm CertiK in a report sent to Cointelegraph, however the company has so far failed to confirm the name...
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Kapital Bank and Ravnaq Bank got approval from the National Agency for Perspective Projects to participate in the digital sandbox of crypto regulation. Two private banks in Uzbekistan — Kapital Bank and Ravnaq Bank — acquired approval from the National Agency for Perspective Projects (NAPP) to participate in the digital sandbox of crypto regulation. The...
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Insights gained from these endeavors will contribute to refining current content policies or crafting new ones in uncharted risk domains. OpenAI, the developer behind ChatGPT, is advocating the use of artificial intelligence (AI) in content moderation, touting its potential to enhance operational efficiencies for social media platforms by expediting the processing of challenging tasks. The company said that its...
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Representative Derek Kilmer will chair the Artificial Intelligence Working Group, which is aimed at introducing “sensible, bipartisan” policies for AI technology. Democrats from the United States House of Representatives have formed a working group on artificial intelligence aimed at introducing new legislation around the nascent tech sector. The 97-member New Democrat Coalition announced its AI...
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The financial details weren’t disclosed but the investment gave the Stellar Development Foundation a seat on MoneyGram’s Board of Directors. The Stellar Development Foundation (SDF) has become a minority investor in payments provider MoneyGram International. In an Aug. 15 X post, Stellar Development Foundation CEO and Executive Director Denelle Dixon announced the new investment saying...
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The crypto mining industry is getting a dedicated lobby group aimed at opening up discussions with lawmakers in Washington D.C. The United States crypto mining industry is getting a new lobbying group, with one of its biggest goals to dispel misconceptions about its sustainability from policymakers.  Launched on Aug. 15, the Digital Energy Council said...
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