Bitcoin for Christmas: MicroStrategy buys another $600M
The firm reported it held 174,530 Bitcoin as of Nov. 29 — worth roughly $6.6 billion at a price of $37,726. Business intelligence firm MicroStrategy purchased 16,130 Bitcoin (BTC) in…
Binance launches pilot program for bank custody of collateral
Binance unveiled a new program that lets institutions trade without depositing to the exchange. Crypto exchange Binance launched a pilot program that allows banks to store trading collateral off-exchange, according…
Bitcoin’s Future in 2023 and the Role of Bitcoin Blender in Enhancing Security
It was also the first cryptocurrency to revolutionize the financial world. But time marches on inexorably, so the question is: how relevant will this asset be in 2023? Read on…
SEC solicits comments on Fidelity’s spot Ether ETF application
“Interested persons” will have 21 days to comment on a proposed rule change allowing the Cboe BZX Exchange to list and trade shares of the Fidelity Ethereum Fund. The United…
Microsoft to invest $3.2B in UK artificial intelligence infrastructure
This is Microsoft’s largest investment in the area to date. Microsoft is set to launch a $3.2-billion investment in the United Kingdom for artificial intelligence (AI) infrastructure and training. This…
Capital flight from Binance subsides: Report
“It’s business as usual,” Nansen wrote in evaluating Binance’s data. It appears that withdrawals from crypto exchange Binance have largely subsided after its $4.3-billion settlement with the United States Department…
Fighting AI fakes with blockchain: Real AI & crypto use cases, No. 4
We need to fight fake AI content using blockchain because otherwise “sh*t will get really weird, says Near founder Illia Polosukhin Were rolling out one genuine use case for AI…
Pudgy Penguins CEO says praise he gets ‘is actually pretty sad’: NFT Creator
Pudgy Penguins now has 1M Instagram followers and is stocked in 2000 Walmarts. CEO Luca Schnetzler, 25, explains where everything went right. Pudgy Penguins minted in July 2021, but quickly…
Rarible’s RARI Foundation taps Arbitrum for royalty-embedded EVM chain
Rarible has cemented its commitment to NFT royalty enforcement by launching a testnet for an EVM-compatible chain with embedded royalties on the node level. The RARI Foundation, the nonprofit arm…
ChatGPT’s first year marked by existential fear, lawsuits and boardroom drama
Cointelegraph reflects on the artificial intelligence pause that never happened, a lawsuit that could change the entire AI industry, and the Sam Altman firing and rehiring drama. OpenAI’s ChatGPT is,…
US regulators doing ‘good job of alienating’ crypto sector — Cardano founder
Charles Hoskinson took a jab at the perceived inconsistency in applying decentralization standards by the U.S. Securities and Exchange Commission (SEC). The United States’ approach to cryptocurrencies could do more…
Crypto payment firm Alchemy Pay adds SEPA deposits in Europe
Alchemy Pay has introduced new deposit options, including the euro Instant solution, SEPA Instant, and the U.K. fast money transfer option, Faster Payments. Cryptocurrency payment platform Alchemy Pay is scaling…
Bitcoin ETF will drive 165% BTC price gain in 2024 — Standard Chartered
Bitcoin supply shock tactics give way to ETF hype in Standard Chartered’s new $100,000 BTC price prediction. Bitcoin (BTC) may hit $100,000 in one year’s time thanks to “earlier than…
Crypto ownership in Canada slips in 2023, but average value of holdings rises
Only 34% of Canadians still believe that crypto “will play a key role in the future,” but the number of those able to give a basic definition of digital currencies…
Binance settlement ‘net positive’ for cryptocurrency industry — Mike Novogratz
Galaxy Digital CEO Mike Novogratz believes Binance has satisfied regulators and users after its $4.3 billion settlement with United States authorities. Binance’s $4.3 billion settlement with the United States Department…