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SWIFT to Trial Digital Asset Transactions

SWIFT to Trial Digital Asset Transactions

From 2025, banks in North America, Europe, and Asia will commence testing digital asset transactions via the SWIFT network. Exciting news! Starting next year, financial institutions from around the world will start trialling live digital asset and currency transactions on the Swift network. This marks an important milestone in our journey to enable banks to […]

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TeraWulf Sells Stake in Nuclear Bitcoin Mine to Fund AI Expansion

TeraWulf Sells Stake in Nuclear Bitcoin Mine to Fund AI Expansion

Bitcoin miner TeraWulf sold a 25% stake in the Nautilus Cryptomine venture, located near the Susquehanna nuclear power plant in Pennsylvania, USA. The transaction amounted to $92 million. The buyer was TeraWulf’s partner, a subsidiary of Talen Energy Corporation. The proceeds will be used to expand hosting services for high-performance computing and data centers designed […]

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From music NFTs to AI content: how Web3 analogues of Spotify and SoundCloud work

From music NFTs to AI content: how Web3 analogues of Spotify and SoundCloud work

Streaming services once revolutionised the production, distribution and consumption of music. Scouts now sift through thousands of recordings online in search of future stars; Billie Eilish and Doja Cat found global recognition thanks to SoundCloud; and Spotify has more than 615 million users. Yet the industry’s giants are not without flaws, and independent artists in […]

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Coinbase Premium Approaches 'Golden Cross', Indicating Potential Bitcoin Recovery

Coinbase Premium Approaches ‘Golden Cross’, Indicating Potential Bitcoin Recovery

The conditions for the formation of a ‘golden cross’ in the Coinbase premium suggest a potential short-term recovery in Bitcoin prices, according to CryptoQuant. The Coinbase premium is often used as an index of retail investor demand in the United States—the higher the value, the greater the buying pressure. Experts analyzed the metric on an […]

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Binance's Market Share Hits Four-Year Low

Binance’s Market Share Hits Four-Year Low

Binance’s share of the total trading volume in the spot and derivatives markets within the centralized cryptocurrency exchange segment has fallen to 36.6%, according to a report by CCData. This figure marks the platform’s lowest since September 2020. Last month, Binance’s spot trading volume decreased by 23% compared to August, reducing the exchange’s share to […]

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Anonymous Buyer Acquires CryptoPunk for 24,000 ETH

Anonymous Buyer Acquires CryptoPunk for 24,000 ETH

On October 3, CryptoPunk #1563 was sold for 24,000 ETH (~$56.29 million), doubling the previous highest amount spent in US dollars for a token from the collection during the NFT craze before February 2022. Punk 1563 bought for 24,000 ETH ($56,292,000.00 USD) by 0x9cbb3d from 0xba1349. https://t.co/FqDvGZvg05 #cryptopunks #ethereum pic.twitter.com/hWimHKYb0x — CryptoPunks Bot (@cryptopunksbot) October […]

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US SEC and DOJ Back Lawsuit Against Nvidia Over Crypto Miner Sales

US SEC and DOJ Back Lawsuit Against Nvidia Over Crypto Miner Sales

The class action lawsuit against Nvidia, accusing the company of distorting financial results from graphics card sales to cryptocurrency miners, is set to proceed. This was stated to the US Supreme Court by the Department of Justice and the SEC in a filing. The legal battle has been ongoing since 2018, reaching the highest judicial […]

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Expert Advocates Buying Bitcoin Amidst Decline

Expert Advocates Buying Bitcoin Amidst Decline

The current correction in Bitcoin is “insubstantial” compared to previous price pullbacks and should be seen as an opportunity to increase long positions, according to Quinn Thompson, CEO of Lekker Capital. I don’t usually give very short-term views, but seems like a no-brainer to be bidding this area with clear invalidation on the back of […]

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Google Lens Enhances AR Capabilities with Moving Object Queries

Google Lens Enhances AR Capabilities with Moving Object Queries

Google has updated its augmented reality application, Lens, to include responses to queries about moving environments. Over the years, we’ve expanded Search so you can ask a question in many ways — from typing a query to humming a tune. Today, we’re introducing even more new AI-powered ways to search what you see and hear. […]

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Russian State Duma Committee Endorses AML Regulations for Digital Ruble

Russian State Duma Committee Endorses AML Regulations for Digital Ruble

The State Duma’s Financial Market Committee has recommended the first reading approval of a bill to extend AML regulations to participants of the digital ruble platform, as reported by Izvestia. The initiative proposes a multi-tiered model for implementing anti-money laundering requirements. All platform users, except credit institutions, will be categorized by the Bank of Russia […]

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HBO Documentary to Unveil Bitcoin Creator's Identity

HBO Documentary to Unveil Bitcoin Creator’s Identity

On October 9, HBO will release a new documentary film aiming to unveil the identity of Bitcoin’s creator, who has remained anonymous under the pseudonym Satoshi Nakamoto. The film, titled Money Electric: The Bitcoin Mystery, is directed by Cullen Hoback, whose previous work, Q: Into the Storm, exposed the widespread QAnon conspiracy theory in the […]

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Chainalysis CEO Departs Due to 'Personal Reasons'

Chainalysis CEO Departs Due to ‘Personal Reasons’

Michael Gronager, co-founder and CEO of the analytics firm Chainalysis, has stepped down from his leadership role after a decade, citing “personal issues.” This was reported by The Block. Sari Granat, the president and COO, is temporarily acting as CEO. She joined Chainalysis in April 2022 from the information services provider IHS Markit. According to […]

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