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AI Crypto Economy Suffers $1.42B Loss Since February Peak; Top Tokens Record Weekly Declines

24.7.2023
In February 2023, the AI-driven cryptocurrency sector reached a staggering $4 billion in value. Yet, it has since experienced a downturn of $1.42 billion. Over the last week, eight of the top 10 AI-based crypto tokens saw declines against the U.S. dollar. Downturn Hits AI Crypto Market Once...

Ripple Committed to Markets With Clear Rules in Asia and Europe After US Court Win

24.7.2023
Following a partial court victory in the United States, crypto company Ripple intends to stay focused on markets with clear regulations for the industry, including jurisdictions in Asia such as Singapore and Hong Kong. The U.S.-based blockchain firm also plans an expansion in the U.K. and Europe...

Singapore, US With Highest Public Debt per Capita, China Most Indebted in BRICS: Study

23.7.2023
Singapore, the United States and Japan top the global chart in terms of sovereign debt per capita, according to research based on U.N. data. The burden of government debt for every American is 10 times heavier than that for a Chinese citizen, according to the study. U.S. Ranks Second in the World...

Copy Trading Has ‘Disrupted the Crypto Industry’ Says Bitget’s Gracy Chen

23.7.2023
Copy trading has disrupted the crypto industry and is increasingly the trading strategy preferred by less experienced traders says Gracy Chen, managing director of the crypto trading platform Bitget. While copy trading is gaining popularity globally, traders and prospective users from Africa appear...

NY Couple to Forfeit Billions in Crypto and Cash in Plea Deal Over Bitfinex Hack Laundering Case

21.7.2023
Ilya Lichtenstein and Heather Morgan, the New York-based couple implicated in the alleged laundering of $4.5 billion in bitcoin pilfered from the 2016 Bitfinex cyber-attack, have reached a plea bargain, as revealed by recent court records. The pair is scheduled to appear before U.S. judge Colleen...

BTC to Peak at $42K in 2023: Finder’s Bitcoin Price Predictions Report

21.7.2023
Bitcoin is expected to reach its peak at $42,000 in 2023, with an end-of-year price prediction of $38,000, according to Finder’s bitcoin price predictions report. The report, based on a survey of 29 industry specialists, reveals that 43% of panelists believe bitcoin is currently underpriced...

Crypto-Based Bank Receives Support from Myanmar's Shadow Government

21.7.2023
Myanmar is all set to launch its first fully crypto-based banking institution, the Spring Development Bank, on July 22. The Spring Development Bank, named after the Spring Revolution, aims to grant the country’s shadow government National Unity Government (NUG) access to financial services...

Ethena Raises $6.5 Million to Develop an Ethereum-Based, Banking System Independent Stablecoin

21.7.2023
Ethena, a protocol that seeks to build a banking system independent stablecoin, has announced that it has raised $6.5 million in its seed round. The round, led by Dragonfly, aims to help issue Ethena’s decentralized stablecoin product in Q3 2023, which was inspired by an article written...

Central Bank of Argentina Reduces Dollar and Yuan Disbursement to Importers

21.7.2023
Importers are accusing the Central Bank of Argentina of stalling on the delivery of dollar-based payments under the pretext of high freight costs. According to importers, the Argentine government considers freight costs exceeding 15% of the value of the merchandise imported as an inconsistency....

Scroll-Based Layout Animations

20.7.2023
An exploration of different scroll based layout switch animations using GSAP's ScrollTrigger and Flip

Myanmar’s shadow government backs launch of crypto-based bank

20.7.2023
The Spring Development Bank is Myanmar’s first financial institution to run entirely on crypto and blockchain

Nearly 80,000 Dormant Ether ICO Tokens Awaken in 2023, Including 61,216 ETH Transfer to Kraken

19.7.2023
Based on onchain metrics, a dormant wallet containing 61,216 ether acquired during the initial coin offering (ICO) has recently transferred the cryptocurrency after lying idle for a span of eight years. The funds have reportedly been sent to the crypto exchange, Kraken. This occurrence marks...

Ripple Expects Business to Pick Up in the US After Landmark Ruling

19.7.2023
Ripple, a cryptocurrency and remittance services company, expects to start offering its services to U.S.-based businesses after the recent ruling that determines the XRP token is not “necessarily a security” on its face. Stuart Alderoty, Ripple’s CLO, stated the company hopes...

Today in Crypto: Gnosis Released Pay and Card Products, cLabs Proposes Migrating Celo to Layer 2 Built on Ethereum, Unstoppable Domains Adds ENS-based .eth Domains

17.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Gnosis Released Pay and Card Products, cLabs Proposes Migrating Celo to Layer 2 Built on Ethereum...

ZkSync launches new STARK-based proof system with a focus on mass usability

17.7.2023
The latest proof system promises better throughput than the current 100 TPS rate and reduces costs in the long term

Blackrock CEO Larry Fink Says Crypto Will ‘Transcend Any One Currency’ — Sees Broad-Based Global Interest

17.7.2023
Larry Fink, the CEO of the world’s largest asset manager, Blackrock, says crypto is so international that it will transcend any one currency. Regarding Blackrock’s bitcoin exchange-traded fund (ETF) filing with the U.S. Securities and Exchange Commission (SEC), the executive stressed: “We...

Kim Dotcom-Backed Crypto Startup Bitcache Liquidated in New Zealand

15.7.2023
Bitcache, a crypto startup backed by Kim Dotcom, has been liquidated, reportedly over unpaid legal fees. Phil Creagh, an Auckland lawyer who acted as Bitcache’s director until Sept. 2020, is reported to have applied for the startup’s liquidation on May 24. Bitcache’s Unpaid Legal Fees A...