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Bitcoin Surpasses $98,000 Mark

Bitcoin Surpasses $98,000 Mark

On November 21, Bitcoin’s price exceeded $97,800 on Binance, setting a new ATH. The asset rose by 5.1% over the past 24 hours, according to CoinGecko. 21 November 2024 | 14:15Update: The leading cryptocurrency has surpassed the $98,000 level. Hourly chart of BTC/USDT on Binance. Data: TradingView. At the time of writing, the leading cryptocurrency […]

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Coinbase to Delist WBTC Amid Launch of Its Own Wrapped Bitcoin

Coinbase to Delist WBTC Amid Launch of Its Own Wrapped Bitcoin

The cryptocurrency exchange Coinbase has announced the cessation of trading in Wrapped Bitcoin (WBTC) on December 19. We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on our most recent review, Coinbase will suspend trading for wBTC (wBTC) on December 19, 2024, on or around 12pm ET. — […]

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Study Reveals Lack of Decentralization in DeFi Market

Study Reveals Lack of Decentralization in DeFi Market

Liquidity on decentralized exchanges is concentrated in the hands of a few major providers, diminishing the democratization of access to the DeFi market. These findings were shared by analysts from the BIS in a report. Researchers examined the 250 largest liquidity pools on Uniswap V3 and concluded that a small group of players holds about […]

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Bitcoin Surpasses $94,500 to Set New All-Time High

Bitcoin Surpasses $94,500 to Set New All-Time High

Less than a day after reaching a historic high above $93,900, the price of the leading cryptocurrency confidently surpassed the $94,000 mark. Hourly chart of BTC/USDT on Binance. Data: TradingView. On Binance, the price momentarily reached $94,585. The weighted average estimate of the new ATH from CoinGecko is $94,617.43. Most leading altcoins by market capitalization […]

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Gemini Chatbot Learns to Remember User Information

Gemini Chatbot Learns to Remember User Information

Google has trained its Gemini chatbot to retain contextual information about users’ lives, interests, and preferences. Rolling out starting today, you can ask Gemini Advanced to remember your interests and preferences for more helpful, relevant responses. Easily view, edit, or delete any information you’ve shared, and see when it’s used. Try it in Gemini Advanced […]

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ZachXBT Traces Portion of $6.5 Million Stolen from Coinbase Client

ZachXBT Traces Portion of $6.5 Million Stolen from Coinbase Client

In October, a client of the cryptocurrency exchange Coinbase in the United States fell victim to a scammer who used social engineering to steal $6.5 million. On-chain detective ZachXBT assisted the victim in tracing part of the assets. 1/ An investigation into the social engineering scammer Ronaldd (Ronald Spektor) who allegedly helped steal $6.5M last […]

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China's 'Crypto Pope' Dismissed Amid Corruption Allegations

China’s ‘Crypto Pope’ Dismissed Amid Corruption Allegations

Yao Qian, the former first director of CBDC development at the People’s Bank of China, has been expelled from the Communist Party following allegations of corruption involving cryptocurrencies. In April, ForkLog reported on the initiation of an investigation against the official due to “serious violations” of discipline and law. At that time, the specialist held […]

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Microsoft Unveils New AI Products and Infrastructure Chips

Microsoft Unveils New AI Products and Infrastructure Chips

Microsoft has developed two infrastructure chips for data centers powering artificial intelligence operations. These chips aim to accelerate AI performance and enhance security, according to Reuters. The corporation has invested significant resources in creating its own silicon for general tasks and artificial intelligence. The company highlighted performance and cost advantages during the development of chips […]

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Michael Saylor to Discuss Bitcoin Reserve with Microsoft

Michael Saylor to Discuss Bitcoin Reserve with Microsoft

On December 10, MicroStrategy founder Michael Saylor will present to Microsoft’s board of directors a proposal to use the leading cryptocurrency as a treasury reserve asset. https://t.co/FFUrLNEHwh — VanEck (@vaneck_us) November 8, 2024 “I agreed to make a three-minute presentation,” explained the Bitcoin maximalist. Saylor noted that he was previously denied a “confidential” discussion on […]

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HTX Offers 6% Annual Yield on Futures Accounts

HTX Offers 6% Annual Yield on Futures Accounts

On November 14, cryptocurrency exchange HTX rebranded its Liquid Restaking service, unveiling its updated version named SmartEarn. To mark the occasion, the exchange announced a giveaway of $300,000 in HTX DAO (HTX) tokens, according to a press release. SmartEarn users can earn an annual yield of 6% by holding Tether (USDT) stablecoins in futures accounts. […]

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AI Tokens ai16z and eliza Plummet Amidst Controversy

AI Tokens ai16z and eliza Plummet Amidst Controversy

The ai16z project has come under scrutiny following confusion surrounding the true meme coin ELIZA. Its token has dropped by 27% over the past day and 65% from its peak of $0.55 recorded on November 18. Price chart of ai16z. Data: CoinGecko. ai16z is an AI project not affiliated with the renowned venture capital firm […]

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Shaquille O'Neal Settles Astrals NFT Investor Lawsuit for $11 Million

Shaquille O’Neal Settles Astrals NFT Investor Lawsuit for $11 Million

Basketball legend Shaquille O’Neal paid $11 million to settle a class-action lawsuit from investors of the NFT project Astrals. On May 23, 2023, during a basketball game at the FTX Arena (renamed Kaseya Center), O’Neal, who was commentating on the event, was served with a double subpoena. He was accused of promoting the Astrals NFT […]

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