Japanese AI firm Quantum Solutions is set to start investing in bitcoin (BTC) through its Hong Kong-based subsidiary, GPT Pals Studio, the company said in a press release. The decision, approved at a board meeting on July 23, includes plans to initially purchase up to $10 million in BTC using borrowed funds. The firm aims … Read more
A U.K. law requiring that pornography websites verify the age of their users took effect Friday.
After spending the past week-plus in the headlines due to a seemingly inescapable social media scandal, data operations startup Astronomer is trying to shift the narrative with a tongue-in-cheek video starring actress and entrepreneur Gwyneth Paltrow.
Bitcoin exchange-traded funds (ETFs) have permanently reduced volatility and altered Bitcoin market dynamics, according to analysts.
Bitcoin continues to trade above the $118,000 mark, holding steady after a week of significant institutional developments and a landmark milestone in on-chain metrics. According to CoinDesk Data, BTC was last up 1.45% over the past 24 hours, bringing its 30-day gain to 10.42% and lifting its year-to-date performance to more than 26%. Blockchain analytics … Read more
TRM Labs found that Russia-linked activity accounts for almost all of Kyrgyzstan’s cryptocurrency industry.
Vehicles can be converted to run on compressed natural gas with relative ease. TLDR: The US has the world’s largest natural gas reserves (24% of global production) and infrastructure, yet maintains the world’s most restrictive CNG regulations, resulting in <0.1% market penetration while China operates 8.76 million CNG vehicles and India has 7.5 million. EPA … Read more
Placing stablecoins under the purview of the U.S. regulatory system and Treasury was just the beginning. If U.S. debt were to ever hold a public IPO moment, this is it. But the U.S. is not stopping there. It looks to export even more to the globe. I like to think of it as a global … Read more
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The Senate Banking Committee has introduced a discussion draft bill for addressing crypto market structure, tackling part of what will overall be a significant legislative push to meet the House’s Clarity Act. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future … Read more
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Coinbase’s rebrand of its Wallet into the Base App has kicked off a SocialFi surge, sending Zora’s (ZORA) activity into overdrive and leading to a massive rally for its token. Zora, which lets users mint tradable tokens tied to individual social posts, saw a dramatic rise in use following the app’s July 16 rebrand. The … Read more
Bitcoin delivers a classic liquidity grab with a correction below $115,000 only to bounce back, while traders eye a BTC price showdown with new all-time highs next.
BNB rose around 0.6% in the last 24 hours, shaking off a recent drop to now trade close to $780. At its peak, the token reached $785.75, bouncing from a low of $761.22 during a stretch of high-volume trading. Much of the volume centered on a sharp correction, when BNB dropped from $774.52 to $761.34 … Read more
A young and tech-savvy population, combating inflationary pressures, is driving Bitcoin adoption and a new financial system in Pakistan.
Sui (SUI) rallied 15% on Saturday to $4.23, extending its multi-week surge and outperforming most major cryptocurrencies. The token is now up 13.1% over the past week, 28.7% in the last 14 days, and 62.3% over the past month, according to CoinDesk data. The move drew renewed attention from crypto traders, with analysts flagging potential … Read more
A new version of .NET is released in November each year, alternating Long Term Support (LTS) and Standard Term Support (STS) releases. The quality of all releases is the same. The only difference is the length of support. LTS releases are supported for 3 years, while STS releases are supported for 18 months. With the … Read more
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Tea, an app that allows women to post anonymous comments about men they’ve supposedly dated, announced Friday that it has suffered a data breach, with hackers gaining access to 72,000 images.
The Wyoming Stable Token is expected to debut next month, putting a publicly funded twist on the stablecoin sector.
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Table of Links Abstract and 1. Introduction 2. Data and Methodology 2.1 Bubble Timestamping 2.2 Cryptocurrency-LAND Wealth Effect 3. Results 3.1 Bubble Timestamping 3.2 Cryptocurrency-LAND Wealth Effect 3.3 Granger Causality Test 4. Conclusion and References Appendix: Bored Ape Yacht Club’s Otherside Appendix: Bored Ape Yacht Club’s Otherside Bored Ape Yacht Club (BAYC) is arguably the … Read more
Table of Links Abstract and 1. Introduction 2. Data and Methodology 2.1 Bubble Timestamping 2.2 Cryptocurrency-LAND Wealth Effect 3. Results 3.1 Bubble Timestamping 3.2 Cryptocurrency-LAND Wealth Effect 3.3 Granger Causality Test 4. Conclusion and References Appendix: Bored Ape Yacht Club’s Otherside 4. Conclusion In this article, we document the wealth spillover effect from metaverse cryptocurrencies … Read more