Bitcoin overtakes gold in investor portfolio allocation: JPMorgan
Cointelegraph.com News (RSS)
Bitcoin's allocation in investor portfolios has reached 3.7 times that of gold when adjusted for volatility, said a JPMorgan analyst.
Cointelegraph.com News (RSS)
Bitcoin's allocation in investor portfolios has reached 3.7 times that of gold when adjusted for volatility, said a JPMorgan analyst.
Michael Saylor's MicroStrategy Prices Upsized $525M Debt Offering to Buy More Bitcoin
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The firm announced its plans to raise $500 million in a debt offering on Wednesday only days after purchasing 12,000 BTC with the proceeds of a previous $700 million offering.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The firm announced its plans to raise $500 million in a debt offering on Wednesday only days after purchasing 12,000 BTC with the proceeds of a previous $700 million offering.
First Mover Americas: El Salvador Holds More BTC Than Expected
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The latest price moves in bitcoin (BTC) and crypto markets in context for March 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)
The latest price moves in bitcoin (BTC) and crypto markets in context for March 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Why the Bitcoin halving matters for the future of decentralized finance
Cointelegraph.com News (RSS)
The Bitcoin mining reward rate gets cut in half every four years, but this seemingly simple event carries with it deeply felt implications for the future of DeFi.
Cointelegraph.com News (RSS)
The Bitcoin mining reward rate gets cut in half every four years, but this seemingly simple event carries with it deeply felt implications for the future of DeFi.
Bitcoin liquidations surge amidst market correction
Cryptopolitan (RSS)
Bitcoin, the leading cryptocurrency, witnessed a price decline, dipping below the $67,000 mark before the Wall Street opening. Despite this drop, traders remained optimistic, attributing the correction to typical market behavior within an ongoing bull run.
Market observers noted that corrections of this magnitude were not uncommon during bullish phases, emphasizing that over 95% of Bitcoin‘s supply remained in unrealized profit.
The crypto community remains unfazed amid Bitcoin’s downturn
Notable figures within the cryptocurrency trading community maintained a calm outlook in response to Bitcoin’s recent price movement.
Cryptopolitan (RSS)
Bitcoin, the leading cryptocurrency, witnessed a price decline, dipping below the $67,000 mark before the Wall Street opening. Despite this drop, traders remained optimistic, attributing the correction to typical market behavior within an ongoing bull run.
Market observers noted that corrections of this magnitude were not uncommon during bullish phases, emphasizing that over 95% of Bitcoin‘s supply remained in unrealized profit.
The crypto community remains unfazed amid Bitcoin’s downturn
Notable figures within the cryptocurrency trading community maintained a calm outlook in response to Bitcoin’s recent price movement.
DNB imposes fine on Crypto.com for illegal operations in the Netherlands
Cryptopolitan (RSS)
The De Nederlandsche Bank (DNB) has revealed that it imposed an administrative fine on centralized exchange Crypto.com for operating illegally in the Netherlands. The fine comes after Crypto.com, operated by Foris DAX MT Limited (DAX MT), allegedly provided crypto services without proper registration for over two years.
Violation of Dutch law
According to the DNB, Crypto.com violated the Dutch Anti-Money Laundering and Anti-Terrorist Financing Act (Wwft) by offering professional or business services to exchange virtual currencies without registration. This breach occurred between May 21, 2020, and at least November 8, 2022.
The DNB categorized Crypto.com’s non-compliance with the Wwft as a Category 3 offense, which carries a base fine of €2 million ($2.17 million). However, considering the severity and exten...
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Cryptopolitan (RSS)
The De Nederlandsche Bank (DNB) has revealed that it imposed an administrative fine on centralized exchange Crypto.com for operating illegally in the Netherlands. The fine comes after Crypto.com, operated by Foris DAX MT Limited (DAX MT), allegedly provided crypto services without proper registration for over two years.
Violation of Dutch law
According to the DNB, Crypto.com violated the Dutch Anti-Money Laundering and Anti-Terrorist Financing Act (Wwft) by offering professional or business services to exchange virtual currencies without registration. This breach occurred between May 21, 2020, and at least November 8, 2022.
The DNB categorized Crypto.com’s non-compliance with the Wwft as a Category 3 offense, which carries a base fine of €2 million ($2.17 million). However, considering the severity and exten...
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From Past to Present: The Evolution of Prague Gaming & TECH Summit
Cryptopolitan (RSS)
In the rapidly evolving worlds of igaming and technology, few events have managed to encapsulate the spirit of innovation and forward-thinking dialogue quite like the Prague Gaming & TECH Summit. Since its inception, this summit has been a beacon for industry leaders, a platform where the future of igaming and technology merge in a symphony of ideas, trends, and collaborations. Let’s take a moment to explore the journey of this illustrious event, from its early days to its current standing as a cornerstone of the tech and gaming industries.
The Early Years: Laying the Foundation
Launched in 2017, the Prague Gaming Summit was created to complement the Central and Eastern European Gaming Conference (CEEGC) in Budapest. Its mission was clear: to gather industry leaders and create a vibrant forum for the discussion of inn...
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Cryptopolitan (RSS)
In the rapidly evolving worlds of igaming and technology, few events have managed to encapsulate the spirit of innovation and forward-thinking dialogue quite like the Prague Gaming & TECH Summit. Since its inception, this summit has been a beacon for industry leaders, a platform where the future of igaming and technology merge in a symphony of ideas, trends, and collaborations. Let’s take a moment to explore the journey of this illustrious event, from its early days to its current standing as a cornerstone of the tech and gaming industries.
The Early Years: Laying the Foundation
Launched in 2017, the Prague Gaming Summit was created to complement the Central and Eastern European Gaming Conference (CEEGC) in Budapest. Its mission was clear: to gather industry leaders and create a vibrant forum for the discussion of inn...
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Cybersecurity breach rocks Binance-backed NFPrompt, losses reported
Cryptopolitan (RSS)
NFPrompt, a content generation platform incubated by Binance Labs, has been subjected to a severe cyberattack resulting in substantial losses.
The breach, disclosed saw hackers exploit vulnerabilities within the platform, compromising user funds and portions of NFPrompt’s treasury and ecosystem fund.
NFPrompt security breach rocks Crypto markets
In a statement released, NFPrompt confirmed the occurrence of a “critical security incident,” conceding that a group of hackers successfully breached the platform’s defenses.
Cryptopolitan (RSS)
NFPrompt, a content generation platform incubated by Binance Labs, has been subjected to a severe cyberattack resulting in substantial losses.
The breach, disclosed saw hackers exploit vulnerabilities within the platform, compromising user funds and portions of NFPrompt’s treasury and ecosystem fund.
NFPrompt security breach rocks Crypto markets
In a statement released, NFPrompt confirmed the occurrence of a “critical security incident,” conceding that a group of hackers successfully breached the platform’s defenses.
AI4Bharat Introduces IndicLLMSuite to Foster Indian Language Models
Cryptopolitan (RSS)
In a significant stride towards enhancing the representation of Indian languages in the realm of Language Model training, AI4Bharat has launched the IndicLLMSuite. This comprehensive suite of resources is tailored to address the challenges faced by low and mid-resource languages in the development of Language Models (LLMs). The initiative aims to democratize access to advanced NLP technologies across a diverse linguistic landscape.
Empowering linguistic diversity
IndicLLMSuite encompasses a rich repository of data spanning 22 Indian languages, totaling an impressive 251 billion tokens and 74.8 million instruction-response pairs. This extensive corpus is meticulously curated from various sources, including curated URLs, multilingual corpora, and large-scale translations. Such diversity in data collection ensures robust representation and fosters inclusivity in language model training.
The suite co...
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Cryptopolitan (RSS)
In a significant stride towards enhancing the representation of Indian languages in the realm of Language Model training, AI4Bharat has launched the IndicLLMSuite. This comprehensive suite of resources is tailored to address the challenges faced by low and mid-resource languages in the development of Language Models (LLMs). The initiative aims to democratize access to advanced NLP technologies across a diverse linguistic landscape.
Empowering linguistic diversity
IndicLLMSuite encompasses a rich repository of data spanning 22 Indian languages, totaling an impressive 251 billion tokens and 74.8 million instruction-response pairs. This extensive corpus is meticulously curated from various sources, including curated URLs, multilingual corpora, and large-scale translations. Such diversity in data collection ensures robust representation and fosters inclusivity in language model training.
The suite co...
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Coinbase official Rebukes senators’ concerns over crypto ETFs
Cryptopolitan (RSS)
In a bold rebuttal to recent concerns voiced by U.S. Senators Jack Reed and Laphonza Butler regarding regulating cryptocurrency exchange-traded funds (ETFs), Coinbase’s Chief Legal Officer, Paul Grewal, has firmly contested their assertions. Grewal’s response, issued on March 15, casts doubt on the senators’ claims and asserts the robustness of Ethereum (ETH) and its potential for ETF approval.
Ethereum’s market metrics shine
Grewal highlights Ethereum’s market metrics, emphasizing its resilience and liquidity. According to Grewal, Ethereum’s spot market boasts exceptional quality metrics, surpassing even some of the most traded equities in notional dollar trading volume. This observation underlines Ethereum’s substantial presence and reliability within the cryptocurrency landscape.
One of the central arguments made b...
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Cryptopolitan (RSS)
In a bold rebuttal to recent concerns voiced by U.S. Senators Jack Reed and Laphonza Butler regarding regulating cryptocurrency exchange-traded funds (ETFs), Coinbase’s Chief Legal Officer, Paul Grewal, has firmly contested their assertions. Grewal’s response, issued on March 15, casts doubt on the senators’ claims and asserts the robustness of Ethereum (ETH) and its potential for ETF approval.
Ethereum’s market metrics shine
Grewal highlights Ethereum’s market metrics, emphasizing its resilience and liquidity. According to Grewal, Ethereum’s spot market boasts exceptional quality metrics, surpassing even some of the most traded equities in notional dollar trading volume. This observation underlines Ethereum’s substantial presence and reliability within the cryptocurrency landscape.
One of the central arguments made b...
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XRP legal status examined in ECGI research
Cryptopolitan (RSS)
A recent research paper by the European Corporate Governance Institute (ECGI) sheds light on the regulatory landscape surrounding Ripple (XRP), the cryptocurrency associated with Ripple Labs. Titled “Corporate Governance Meets Data and Technology,” the study, authored by Wei Jiang of Emory University and Tao Li of the University of Florida, delves into the evolving fundraising methods in blockchain startups and the accompanying regulatory scrutiny.
The study notably acknowledges the legal status of XRP, emphasizing a U.S. federal court ruling from July 13, 2023, which deemed XRP not to be a security when sold to the public on exchanges. However, the court classified XRP as a security when sold directly to institutional investors, adding nuance to its regulatory classification.
...
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Cryptopolitan (RSS)
A recent research paper by the European Corporate Governance Institute (ECGI) sheds light on the regulatory landscape surrounding Ripple (XRP), the cryptocurrency associated with Ripple Labs. Titled “Corporate Governance Meets Data and Technology,” the study, authored by Wei Jiang of Emory University and Tao Li of the University of Florida, delves into the evolving fundraising methods in blockchain startups and the accompanying regulatory scrutiny.
The study notably acknowledges the legal status of XRP, emphasizing a U.S. federal court ruling from July 13, 2023, which deemed XRP not to be a security when sold to the public on exchanges. However, the court classified XRP as a security when sold directly to institutional investors, adding nuance to its regulatory classification.
...
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NFPrompt reports a security breach leading to losses
Cryptopolitan (RSS)
NFPrompt, a content generation platform incubated by Binance, disclosed a significant security breach resulting in the compromise of user funds and the platform’s treasury. The incident, reported on March 15, involved unauthorized access by hackers to various wallets, including those of NFP’s contract administrators.
Security breach details
NFPrompt revealed that the breach constituted a “critical security incident” where hackers compromised several wallets, gaining control over funds. Among the affected assets were portions of the NFP treasury and ecosystem fund and wallets belonging to NFP’s contract administrators.
In response to the breach, NFPrompt swiftly transferred all smart contract ownerships associated with NFP to new addresses, effectively severing the attack vector. As a result, NFP tokens and other asset...
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Cryptopolitan (RSS)
NFPrompt, a content generation platform incubated by Binance, disclosed a significant security breach resulting in the compromise of user funds and the platform’s treasury. The incident, reported on March 15, involved unauthorized access by hackers to various wallets, including those of NFP’s contract administrators.
Security breach details
NFPrompt revealed that the breach constituted a “critical security incident” where hackers compromised several wallets, gaining control over funds. Among the affected assets were portions of the NFP treasury and ecosystem fund and wallets belonging to NFP’s contract administrators.
In response to the breach, NFPrompt swiftly transferred all smart contract ownerships associated with NFP to new addresses, effectively severing the attack vector. As a result, NFP tokens and other asset...
View original post
French Montana inscribes song into Bitcoin blockchain, sets historic precedent
Cryptopolitan (RSS)
French Montana, the renowned artist with over 40 billion streams, has etched his name in the annals of music and cryptocurrency history by becoming the first mainstream artist to embed an entire song into the Bitcoin blockchain.
Breaking new ground in music and crypto
French Montana, recognized as the highest-streaming African-born artist, has set a new precedent in music and cryptocurrency. Through the Mac & Cheese 5 account on X (formerly Twitter), the announcement was made on March 14, unveiling “Bag Curious,” a hidden track from the Mac & Cheese 5 album, now permanently inscribed into the Bitcoin blockchain. This groundbreaking move marks French Montana as the pioneer in intertwining music and blockchain technology.
The Mac & Cheese 5 account detailed the process, emphasizing the signi...
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Cryptopolitan (RSS)
French Montana, the renowned artist with over 40 billion streams, has etched his name in the annals of music and cryptocurrency history by becoming the first mainstream artist to embed an entire song into the Bitcoin blockchain.
Breaking new ground in music and crypto
French Montana, recognized as the highest-streaming African-born artist, has set a new precedent in music and cryptocurrency. Through the Mac & Cheese 5 account on X (formerly Twitter), the announcement was made on March 14, unveiling “Bag Curious,” a hidden track from the Mac & Cheese 5 album, now permanently inscribed into the Bitcoin blockchain. This groundbreaking move marks French Montana as the pioneer in intertwining music and blockchain technology.
The Mac & Cheese 5 account detailed the process, emphasizing the signi...
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Breaking: NFTFN Launches Presale Phase 1, Backed by Polygon Co-Founder, Marking a New Era in Crypto Innovation
Cryptopolitan (RSS)
Leading web3 fintech company NFTFN has initiated the first phase of the presale for its widely anticipated NFTFN token. The crypto community has been awaiting this sale eagerly, with enthusiasts and ambitious investors already lining up to buy this token.
One of the most interesting aspects of this token’s presale is that the NFTFN project is backed by crypto industry titans like Sandeep Nailwal. Nailwal famously co-founded Polygon, a layer-2 Ethereum scaling solution that currently boasts the world’s 15th largest cryptocurrency by market capitalization.
A New Era In Crypto Innovation
NFTFN has emerged as the ultimate perpetual platform for trading a diverse range of assets, including Blue-Chip NFTs, Ordinals, Crypto, and Real-World Assets (RWAs). T...
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Cryptopolitan (RSS)
Leading web3 fintech company NFTFN has initiated the first phase of the presale for its widely anticipated NFTFN token. The crypto community has been awaiting this sale eagerly, with enthusiasts and ambitious investors already lining up to buy this token.
One of the most interesting aspects of this token’s presale is that the NFTFN project is backed by crypto industry titans like Sandeep Nailwal. Nailwal famously co-founded Polygon, a layer-2 Ethereum scaling solution that currently boasts the world’s 15th largest cryptocurrency by market capitalization.
A New Era In Crypto Innovation
NFTFN has emerged as the ultimate perpetual platform for trading a diverse range of assets, including Blue-Chip NFTs, Ordinals, Crypto, and Real-World Assets (RWAs). T...
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Cross-Chain NFT Staking Is Here, All You Need to Know
CoinGape (RSS)
NFT Staking — A unique and innovative way crypto investors use not only to buy non-fungible tokens but earn rewards and other privileges by locking them on a platform or protocol — has just gone better. Enterprise DAO-powered by Terra Money has now enabled cross-chain NFT staking for Cosmos chains including Terra, Stargaze, Juno, and soon Terra Classic.
Enterprise Protocol Enables Cross-Chain NFT Staking
Enterprise DAO unlocked the cross-chain functionality for Cosmos chains by launching the cross-chain NFT staking. The Terra-powered platform helps to easily and efficiently create, manage, and grow DAOs within Cosmos. In January, the platform enabled cross-chain tok...
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CoinGape (RSS)
NFT Staking — A unique and innovative way crypto investors use not only to buy non-fungible tokens but earn rewards and other privileges by locking them on a platform or protocol — has just gone better. Enterprise DAO-powered by Terra Money has now enabled cross-chain NFT staking for Cosmos chains including Terra, Stargaze, Juno, and soon Terra Classic.
Enterprise Protocol Enables Cross-Chain NFT Staking
Enterprise DAO unlocked the cross-chain functionality for Cosmos chains by launching the cross-chain NFT staking. The Terra-powered platform helps to easily and efficiently create, manage, and grow DAOs within Cosmos. In January, the platform enabled cross-chain tok...
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Just-In: MicroStrategy Rushes to Buy More BTC With $525M Notes Before Bitcoin ETF
CoinGape (RSS)
MicroStrategy, a prominent player in the cryptocurrency market, has recently unveiled its decision to expand its convertible senior notes offering to an impressive $525 million. This strategic move follows closely on the heels of the company’s previous endeavor to ramp up its notes sale to a total of $700 million mere weeks ago.
Such a substantial increase underscores MicroStrategy’s unwavering commitment to fortifying its Bitcoin reserves, signaling a profound belief in the enduring value and potential of Bitcoin as a pivotal asset in its strategic arsenal. By amplifying its reserves through this offering, MicroStrategy aims not only to bolster its financial position but also to solidify its foothold in the ever-evolving cryptocur...
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CoinGape (RSS)
MicroStrategy, a prominent player in the cryptocurrency market, has recently unveiled its decision to expand its convertible senior notes offering to an impressive $525 million. This strategic move follows closely on the heels of the company’s previous endeavor to ramp up its notes sale to a total of $700 million mere weeks ago.
Such a substantial increase underscores MicroStrategy’s unwavering commitment to fortifying its Bitcoin reserves, signaling a profound belief in the enduring value and potential of Bitcoin as a pivotal asset in its strategic arsenal. By amplifying its reserves through this offering, MicroStrategy aims not only to bolster its financial position but also to solidify its foothold in the ever-evolving cryptocur...
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JPMorgan Sounds Alarm Over MicroStrategy’s $20B Bitcoin Buying Spree
CoinGape (RSS)
JPMorgan issued a warning regarding MicroStrategy’s recent $2 billion Bitcoin (BTC) acquisitions within six months. The organization emphasized that MicroStrategy’s Bitcoin buying spree could expedite any potential downturn, which poses a massive risks to the crypto market’s stability.
JPMorgan Issues Warning Against MicroStrategy’s Bitcoin Purchase
In a recent investor note, JPMorgan wrote, “We believe debt-funded Bitcoin purchases by MicroStrategy add leverage and froth to the current crypto rally and raise the risk of more severe deleveraging in a potential downturn in the future.”
MicroStrategy purchased $821 million worth of Bitcoin between February 26 and March 10 after selling $1.2 billion in senior convertible notes earlier this year. These senior convertible notes, which MicroStrategy issued,...
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CoinGape (RSS)
JPMorgan issued a warning regarding MicroStrategy’s recent $2 billion Bitcoin (BTC) acquisitions within six months. The organization emphasized that MicroStrategy’s Bitcoin buying spree could expedite any potential downturn, which poses a massive risks to the crypto market’s stability.
JPMorgan Issues Warning Against MicroStrategy’s Bitcoin Purchase
In a recent investor note, JPMorgan wrote, “We believe debt-funded Bitcoin purchases by MicroStrategy add leverage and froth to the current crypto rally and raise the risk of more severe deleveraging in a potential downturn in the future.”
MicroStrategy purchased $821 million worth of Bitcoin between February 26 and March 10 after selling $1.2 billion in senior convertible notes earlier this year. These senior convertible notes, which MicroStrategy issued,...
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How low can BTC price go? Bitcoin analysis points to $45K
Cointelegraph.com News (RSS)
Bitcoin would still preserve its bull market even if the current BTC price retracement approaches -40%.
Cointelegraph.com News (RSS)
Bitcoin would still preserve its bull market even if the current BTC price retracement approaches -40%.
DePINs to decentralize internet access and connectivity in India
Cointelegraph.com News (RSS)
Wifi Dabba, an Indian internet service provider, is launching a second round of its DePIN-powered devices on the Solana network to bridge the digital divide and connect millions to the internet.
Cointelegraph.com News (RSS)
Wifi Dabba, an Indian internet service provider, is launching a second round of its DePIN-powered devices on the Solana network to bridge the digital divide and connect millions to the internet.