Cryptopolitan

SEC crypto unit leader departs for private sector following Coinbase litigation

Ladan Stewart, known for her role as a leading anti-crypto lawyer at the Securities and Exchange Commission (SEC), has transitioned to the private sector. Stewart, who has been at the forefront of the SEC’s Crypto Assets and Cyber Unit, is set to enhance the crypto and cyber defense practice at international law firm White &…Read full story at Cryptopolitan >

Why is Arthur Hayes beefing with Charles Hoskinson?

In the crypto community, disagreements are not uncommon, especially when they are happening on Twitter. Yesterday, as I was eating dinner and scrolling through the app, like all normal people do, I saw a tweet from the genius Charles Hoskinson that immediately caught my eye. Well not a tweet rather, it was a comment under…Read full story at Cryptopolitan >

Why Michael Saylor believes selling Bitcoin now is a huge mistake — Inside MicroStrategy’s plan

In a recent interview with Bloomberg TV, Michael Saylor, CEO of MicroStrategy, emphatically stated his company’s strategy regarding its significant bitcoin holdings and indicated a long-term commitment to the cryptocurrency. Despite the volatile nature of the digital asset market, Saylor’s remarks reveal a deep conviction in Bitcoin’s value proposition and its role in the future…Read full story at Cryptopolitan >

Adobe Introduces AI Assistant to Revolutionize PDF Experience

Adobe, a pioneer in the digital document industry, has unveiled a groundbreaking AI assistant designed to enhance the functionality of its Acrobat and Reader products. This innovative move aims to solidify Adobe’s position at the forefront of the PDF market amidst increasing competition from emerging AI systems. AI assistant beta testing is underway The newly…Read full story at Cryptopolitan >

Bitcoin ETFs spark fierce debate in South Korea’s election run-up

In the lead-up to the South Korean election, the topic of Spot Bitcoin ETFs has emerged as a prominent issue within the political landscape. Various political parties, including the ruling Democratic Party and the People Power Party, are actively discussing the legalization of Spot Bitcoin ETFs, reflecting the growing significance of crypto in the financial…Read full story at Cryptopolitan >

$1B Bitcoin Exodus from Coinbase sparks market frenzy

Bitcoin ($BTC) whales, referring to investors holding substantial amounts of the crypto, have recently withdrawn over $1 billion worth of Bitcoin from Coinbase, one of the largest crypto exchanges globally. This significant movement of funds has sparked speculation within the crypto community and financial markets. The withdrawal of such a substantial amount of Bitcoin from…Read full story at Cryptopolitan >

Winklevoss Twins’ $4.9M donation rocks the crypto-political landscape

The Winklevoss twins, Cameron and Tyler, renowned figures in the crypto space and co-founders of Gemini exchange, have made headlines by donating $4.9 million to Fairshake, a crypto-focused super political action committee (PAC). This substantial contribution underscores their commitment to advancing cryptocurrency-friendly policies and supporting candidates sympathetic to the digital asset industry. Winklevoss Twins drop…Read full story at Cryptopolitan >

SEC and Ripple lock horns amid draft remedy briefs

The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, the company behind the cryptocurrency XRP, has intensified as both parties proceed with drafting remedy-related briefs. This ongoing dispute stems from the SEC’s allegations that Ripple’s XRP token sales constituted unregistered securities offerings, violating federal securities laws. Recent developments following Judge…Read full story at Cryptopolitan >

Shiba Inu makes waves again – Here’s how and why

Shiba Inu (SHIB), a popular meme-based crypto, has recently reached another significant milestone in its development journey. The milestone revolves around the achievement of its layer-2 blockchain solution called Shibarium. This advancement aims to enhance transaction efficiency within the Shiba Inu ecosystem. Despite this remarkable progress, the price of Shiba Inu has not seen substantial…Read full story at Cryptopolitan >

SatoshiSwap.AI Launches The World’s First DEX on Bitcoin

London, UK, February 21st, 2024, Chainwire SatoshiSwap.ai stands out as a pioneering decentralized exchange operating within the Bitcoin network. Unleash the sheer force of unrestricted trading while basking in the rock-solid security and unwavering stability that only Bitcoin can offer. Core Features: On-chain trading: SatoshiSwap.ai facilitates peer-to-peer trading of Bitcoin-based assets directly on the blockchain,…Read full story at Cryptopolitan >

Malaysia to Embrace AI Technology for Flood Management

Kuala Lumpur, February 21, 2024: Malaysia is poised to revolutionize its approach to disaster management, particularly in addressing flooding issues, through the adoption of cutting-edge technologies, including Artificial Intelligence (AI) and big data analytics. This move comes as Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi announced the country’s intention to replicate Japan’s successful methods…Read full story at Cryptopolitan >

DWF Labs Spearheads Innovation with Strategic Investment in Web3 Gaming Pioneer Prom

In a significant development for the Web3 gaming industry, DWF Labs has announced a substantial strategic investment in Prom, a leader in the burgeoning field of blockchain-based gaming. The partnership is set to ignite a transformative phase in the gaming sector, leveraging the unique capabilities of blockchain technology to redefine gaming experiences. Strategic Alliance to…Read full story at Cryptopolitan >

Bitcoin ETF trading volume skyrockets as VanEck’s HODL sees surge

Trading volumes for VanEck’s HODL, a prominent Bitcoin exchange-traded fund (ETF) in the United States, experienced an unprecedented surge on Tuesday, driven primarily by individual traders. The surge amounted to over 2,200%, with over $400 million worth of HODL shares changing hands, significantly surpassing its daily average of $17 million. This remarkable uptick in trading…Read full story at Cryptopolitan >

Binance Futures Introduces MAVIAUSDT with 50x Leverage

Binance Futures, a leading platform for cryptocurrency futures trading, is set to expand its extensive array of trading instruments by introducing the USDⓈ-M MAVIA Perpetual Contract. This new offering, which will be available from February 21, 2024, is part of Binance’s ongoing efforts to diversify its portfolio and enhance the trading experience for its users….Read full story at Cryptopolitan >

Egypt’s Commercial International Bank Embraces Blockchain with Ripple

In a significant move towards the future of banking and finance, Egypt’s Commercial International Bank (CIB) has taken a bold step by partnering with Ripple, a leading provider of enterprise blockchain solutions. The collaboration is set to revolutionize the way cross-border payments are processed, leveraging the cutting-edge technology of blockchain to enhance efficiency and reliability. …Read full story at Cryptopolitan >

Whales accumulate Ethereum amidst price surge, on-chain data reveals

In the ever-evolving cryptocurrency landscape, Ethereum has notably surged by over 30% since the dawn of 2024, now hovering around the $3,000 mark. This uptrend in Ethereum’s price has sparked considerable interest, particularly among large-scale investors colloquially called “whales.” Recent observations in on-chain data suggest these whales’ significant accumulation of Ethereum, indicating a bullish sentiment…Read full story at Cryptopolitan >

ZeroLend Raises $3M in Seed Funding, Valued at $25M, Set to Revolutionize DeFi with ZERO Token

ZeroLend, a decentralized lending protocol operating within the zkSync ecosystem, has successfully closed a $3 million seed funding round, elevating its valuation to a robust $25 million. The significant financial milestone underscores the growing investor confidence in decentralized finance (DeFi) solutions and ZeroLend’s unique proposition within the burgeoning sector. A strong vote of confidence from…Read full story at Cryptopolitan >

$69K Bitcoin In Sight As Market Approaches $2 Trillion, Cardano And Quant Alternative Anticipate 100x Returns In 2024

Bitcoin (BTC) has been on a trailblazing streak for weeks, exceeding many milestones. In anticipation of its upcoming halving event, analysts have made bold predictions regarding BTC’s future performance. The project recently crossed $52,000; now, $69,000 is in sight as this top cryptocurrency’s market cap crosses $1 trillion. Due to Bitcoin’s surge, investors have set…Read full story at Cryptopolitan >

Kelp DAO introduces $KEP token, enhancing liquidity for Ether stakers

Kelp DAO, a prominent player in the burgeoning ether (ETH) liquid restaking landscape, has unveiled a groundbreaking development to revolutionize the market. On Tuesday, the DAO introduced the KEP token, which promises to provide much-needed liquidity to otherwise illiquid EigenLayer points/rewards. This move is poised to reshape the dynamics of liquid restaking protocols, offering users…Read full story at Cryptopolitan >

Ripple CEO Brad Garlinghouse comments on prospects of XRP ETF

In a recent interview with Bloomberg on February 20, Ripple CEO Brad Garlinghouse addressed the growing speculation surrounding the potential launch of an XRP exchange-traded fund (ETF). With the recent approval of the first cryptocurrency spot ETFs for Bitcoin, Garlinghouse expressed optimism about the possibility of similar products for XRP. Garlinghouse foresees expansion of the…Read full story at Cryptopolitan >

Congressman Davidson leads the charge against CBDCs

In a recent development on Capitol Hill, Representative Warren Davidson of Ohio has intensified his criticism of Central Bank Digital Currencies (CBDCs), asserting that they pose a significant threat to the foundational principles of Western society. His remarks came during a session of the House Financial Committee, where he advocated for the passage of legislation…Read full story at Cryptopolitan >

At ETHDenver 2024, cheqd Will Showcase Its Vision For Verifiable Credentials In Web3

London, United Kingdom, February 21st, 2024, Chainwire cheqd, the startup building payment infrastructure for decentralized identity and trusted data economies, where users and organizations have full control and portability of their data, has announced its sponsorship of ATOMDenver² and DoraHacks, and participation at Frictionless side events at ETHDenver 2024, one of the biggest annual events…Read full story at Cryptopolitan >

As Solana Growth Slows Down, Top 3 Alternatives For Breakout Growth

The 2024 crypto market has not been favorable to Solana (SOL), as it faces a decline of 9%, reaching a $91.40 low. As the situation raised concerns among investors, industry analysts have selected three digital currencies as excellent solutions. These altcoins—NuggetRush (NUGX), Cosmos (ATOM), and Sui (SUI)—are praised for their unique tokenomics and impressive growth. …Read full story at Cryptopolitan >

Hong Kong government proposes licensing frameworks for stablecoins and crypto trading

In a move aimed at regulating the burgeoning cryptocurrency market, the Hong Kong government is progressing towards implementing licensing frameworks for stablecoin issuers and over-the-counter (OTC) crypto trading services. The initiative, spearheaded by Christopher Hui, Secretary for Financial Services and the Treasury, underscores the administration’s commitment to fostering a structured and secure environment for digital…Read full story at Cryptopolitan >

AI Expected to Revolutionize TV Soaps Production Within Five Years

TV director James Hawes has suggested that within the next three to five years, episodes of popular BBC soaps could be entirely created by generative artificial intelligence (AI). This revelation comes as part of Hawes’ testimony during the UK’s Culture, Media and Sport Committee’s inquiry into British film and high-end TV. According to Hawes, it…Read full story at Cryptopolitan >

Crypto ownership surges among older Australians

The approval of spot Bitcoin exchange-traded funds (ETFs) in the United States has sparked a significant surge in Bitcoin sentiment among Australian investors. According to the latest findings from the Independent Reserve Cryptocurrency Index,, Australian retail interest in Bitcoin has notably increased, accompanied by a rise in adoption rates in 2024. Renewed optimism among Australian…Read full story at Cryptopolitan >

John Deaton, pro-XRP lawyer, announces Senate run against Elizabeth Warren

Renowned crypto attorney John E. Deaton has made waves in the political arena by declaring his candidacy for the United States Senate seat in the upcoming elections. With over 75,000 XRP holders under his representation, Deaton aims to bring significant change to Massachusetts by challenging the incumbent Senator Elizabeth Warren. Taking on Washington elites Deaton,…Read full story at Cryptopolitan >

Experts Call for More Regulation on Deepfakes

In an unprecedented move, leading figures in the artificial intelligence (AI) community, including pioneering researcher Yoshua Bengio, have issued a call for tighter regulation on the production of deepfakes. This collective, comprising experts and executives across various sectors, has articulated their concerns through an open letter orchestrated by Andrew Critch, a notable AI researcher at…Read full story at Cryptopolitan >

Ripple spearheads $25M push for Crypto-Savvy leaders

In a strategic move aimed at shaping the regulatory landscape surrounding cryptocurrencies, Ripple, a prominent player in the crypto space, has committed $25 million towards supporting political candidates who advocate for constructive regulation and engagement in the crypto industry. This initiative, spearheaded by Ripple CEO Brad Garlinghouse, underscores the growing importance of political alignment in…Read full story at Cryptopolitan >

ChatGPT Goes Off The Rails, Spewing Nonsense to Users

ChatGPT is acting strange and appears to have gone “absolutely nuts.” Many users complained on Reddit and X that the popular chatbot has been rendering lengthy and nonsensical answers, even to basic questions, over recent hours. AI Chatbot Overheats, Delivers Gibberish “ChatGPT just broke. Constantly getting garbage in my responses. Starts off ok, but then…Read full story at Cryptopolitan >

Binance’s approach to compliance amidst Nigerian crypto regulations

In a move to comply with local regulatory requirements in Nigeria, Binance, one of the world’s largest cryptocurrency exchanges, has introduced a price cap on Tether (USDT) tokens traded on its peer-to-peer (P2P) platform. This decision comes amidst efforts by Nigerian authorities to regulate cryptocurrency trading and combat forex speculation within the country. Binance Nigeria…Read full story at Cryptopolitan >

Can Tinder’s ID Verification Fix AI Dating Scams

Popular dating app Tinder is doubling down on its identity verification requirements amid the rise in dating-app scams partly fueled by AI. Recent findings reported by Bloomberg revealed that scammers have been using AI to generate fake dating profiles on different platforms, including Tinder. With such profiles, scammers dupe unsuspecting users into sending them cash…Read full story at Cryptopolitan >

Circle pulls plug on USDC in major Tron exodus

Circle, a prominent crypto firm, has recently announced its decision to cease support for the USD Coin (USDC) stablecoin on the Tron blockchain. This strategic pivot marks a significant shift in Circle’s operations and underscores important considerations within the crypto industry. The move to halt USDC minting on Tron comes amidst risk management concerns and…Read full story at Cryptopolitan >

Bitcoin’s liquidity floods into the US, Spot ETFs rewrite rules

Bitcoin liquidity is experiencing a significant shift towards the United States, driven by the emergence of Spot Exchange-Traded Funds (ETFs) in the crypto market. This transformation is reshaping the dynamics of crypto markets globally, with several key factors contributing to this trend. Despite initial concerns, the introduction of US spot Bitcoin ETFs has actually led…Read full story at Cryptopolitan >

Hack VC secures $150M for trailblazing crypto and AI startups

Hack VC, a prominent venture capital firm, has recently closed an ‘oversubscribed’ $150 million fund aimed at investing in early-stage companies within the fields of crypto and artificial intelligence (AI) startups. This significant capital injection reflects the growing interest and confidence in the potential of Web3 technologies and disruptive innovations in AI. With a track…Read full story at Cryptopolitan >

Former FTX and Alameda executives propel Backpack crypto exchange across America

Crypto exchange Backpack, established by former executives from FTX and Alameda Research, has announced the expansion of its services to users across 11 U.S. states. The exchange, currently in beta, is making significant strides in solidifying its presence in the American market. Backpack crypto exchange expands across 11 U.S. States Backpack revealed through an X…Read full story at Cryptopolitan >

DOJ seeks order to shield info in CZ Binance case

In a significant development in the legal proceedings against former Binance CEO Changpeng Zhao, the United States Department of Justice (DOJ) has submitted a request for a protective order to the court. This request, filed on February 20, aims to safeguard sensitive information involved in the lawsuit against Zhao, widely known as CZ. The motion…Read full story at Cryptopolitan >

Chief Information Officers(CIOs) in Higher Education Embrace AI

In today’s rapidly evolving educational landscape, Chief Information Officers (CIOs) at universities nationwide embrace integrating Artificial Intelligence (AI) technologies to enhance the academic experience for students, faculty, and staff. As AI applications continue to rise, CIOs recognize the imperative to provide the necessary tools and expertise across various disciplines to fulfill the potential of students…Read full story at Cryptopolitan >

GameFi community pleads for regulatory relief in Japan

Representatives from Japan‘s burgeoning blockchain gaming community have approached the Liberal Democratic Party (LDP) with urgent concerns regarding liquidity in the country’s crypto asset market. The move comes amidst fears that stringent regulations are stifling growth and hampering the flourishing GameFi ecosystem. Japanese GameFi sector appeals to lawmakers Ryo Matsubara, director of Oasys, a prominent…Read full story at Cryptopolitan >

Are Brands Losing Touch? Navigating Human Connections Amidst AI Content

In the rapidly evolving landscape of content creation dominated by AI, establishing genuine human connections has become paramount for brands. Amidst the allure of automation, users yearn for authenticity and relatability, seeking real human experiences and opinions. Navigating the AI-human balance In a departure from the traditional focus on search volume, brands must now prioritize…Read full story at Cryptopolitan >

Alex Mashinsky hires Bankman-Fried’s lawyers for defense

Alex Mashinsky, the former CEO of Celsius, has made a significant legal move by selecting the same attorneys who represented Sam Bankman-Fried, the former CEO of FTX, to defend him against serious allegations. This decision was communicated to a federal judge, where Mashinsky expressed his readiness to face any potential conflicts of interest that might…Read full story at Cryptopolitan >

Revolutionizing Classrooms: How AI Enhances Teaching and Learning

At a recent symposium on artificial intelligence and education held at Hosei University in Tokyo, experts highlighted the transformative potential of AI in revolutionizing classroom learning. With the emergence of advanced AI systems like ChatGPT, educators are exploring innovative ways to personalize learning experiences for students while streamlining teaching processes. AI-powered personalized learning One of…Read full story at Cryptopolitan >

Australian Institute Leads the Charge in AI Innovation

In a bold move to shape the future of artificial intelligence (AI), the Australian Institute for Machine Learning (AIML) is setting new standards in the field. Under the guidance of Director Simon Lucey, also a professor at the University of Adelaide’s School of Computer and Mathematical Sciences, AIML is pioneering efforts to redefine how AI…Read full story at Cryptopolitan >

Is Your Media Ethically Ready for AI? SMPTE Report Reveals

A recent report jointly published by the Society of Motion Picture and Television Engineers (SMPTE), the European Broadcasting Union (EBU), and the Entertainment Technology Center (ETC) sheds light on the critical role of ethics and systematic thinking in the development and deployment of artificial intelligence (AI) systems within the media industry. SMPTE Report: Prioritize ethics…Read full story at Cryptopolitan >

The Convergence of Crypto and AI: A New Horizon in Technology

In a remarkable twist of fate, crypto and (AI) artificial intelligence are drawing closer, signaling a potential revolution in both sectors. Despite historically being viewed as opposing forces, recent developments indicate a harmonious intersection that could redefine the landscape of digital innovation. A bold vision for the future OpenAI’s recent unveiling of Sora, a cutting-edge…Read full story at Cryptopolitan >

Bitcoin stalls as Tether treasury mints 1 billion USDT

Tether Treasury has minted an additional 1 billion USDT, as reported by blockchain tracking service Whale Alert. This development occurs at a juncture where Bitcoin, the premier cryptocurrency by market capitalization, exhibits volatility, particularly around the $53,000 resistance level. This level has proven to be a pivotal point for Bitcoin’s price trajectory in recent times….Read full story at Cryptopolitan >

MetaMask hits over 30 Million active users – What’s all the fuss about?

MetaMask, the popular crypto wallet and Ethereum browser plugin developed by ConsenSys, has witnessed a remarkable surge in its monthly active users (MAUs), nearing an all-time high of over 30 million. This significant milestone marks a substantial increase from previous months, indicating the platform’s growing adoption and relevance in the cryptocurrency ecosystem. The uptick in…Read full story at Cryptopolitan >

Sports Illustrated takes NFTs to Avalanche for next-level ticketing

Sports Illustrated Tickets has made a significant move by shifting its NFT ticketing service to the Avalanche blockchain. This strategic decision marks a pivotal moment in the evolution of digital ticketing platforms, leveraging the capabilities of blockchain technology to enhance security, efficiency, and user experience. Avalanche, a prominent blockchain network, has acquired a stake in…Read full story at Cryptopolitan >

OpenAI’s Sora breathes new life into Worldcoin – Are you missing out?

Worldcoin, a cryptocurrency project, has experienced a surge in interest following the recent launch of OpenAI’s Sora tool. Sora, an innovative text-to-video AI tool developed by OpenAI, has sparked renewed enthusiasm in the cryptocurrency community. Here’s why Worldcoin has garnered increased attention. The integration of Sora’s advanced AI capabilities into Worldcoin’s ecosystem represents a significant…Read full story at Cryptopolitan >

Analysts sound alarm as Bitcoin traders shun shorting—Are they onto something big?

Bitcoin traders are exhibiting a cautious stance by refraining from significant short positions, driven by the anticipation of continued price appreciation in the crypto market. Analysts observe this trend as traders opt to avoid betting against Bitcoin’s upward trajectory, expecting its value to surge further. This cautious approach reflects a strategic shift in trading behavior,…Read full story at Cryptopolitan >

India’s AI Market Set to Reach $17 Billion CAGR by 2027

The Indian AI market is experiencing a boom, with experts predicting it to reach a staggering $17 billion in compounded annual growth rate (CAGR) by 2027. Indian AI Market to Soar to $17 Billion According to the report Tuesday by Nasscom in partnership with BCG, the growth of the Indian AI market will be fueled…Read full story at Cryptopolitan >

Will Overcoming Obstacles Lead to U.S. AI Success through Collaboration?

In the pursuit of maintaining its technological superiority and securing its position on the global stage, the United States is actively engaging in collaborative efforts with its allies and partners to advance Artificial Intelligence (AI) and ensure AI success. Acknowledging the significance of cooperation in achieving AI success, policymakers are grappling with multifaceted challenges that…Read full story at Cryptopolitan >

Algotech Presale Attracts Big Investors!  Whales From Polygon and Solana Rush in to Buy

Presently, both Solana (SOL) and Polygon have seen significant declines, with SOL plummeting over 70% from its peak and Polygon facing similar struggles. Many crypto traders have found these investments disappointing, especially those who bought in at the top and are now facing substantial losses. With market caps of $44 billion and $8 billion, respectively,…Read full story at Cryptopolitan >

Bitcoin ETF trading hits peak levels since launch – What’s next?

Bitcoin exchange-traded funds (ETFs) have recently experienced a significant surge in trading activity, marking their busiest session since their debut in January. This spike in trading volume underscores investors’ growing interest and adoption of Bitcoin ETFs. The heightened trading activity reflects several factors driving investor sentiment and market dynamics within the crypto ecosystem. Notably, this…Read full story at Cryptopolitan >

Avalanche’s AVAX tanks before $365M token unlock – What went wrong?

Avalanche’s native cryptocurrency, AVAX, has experienced underperformance in the market leading up to a significant event: the unlocking of $365 million worth of tokens. This unlocking event has garnered attention due to its potential impact on AVAX’s price and market dynamics. Historically, such large unlocking events in the crypto space often coincide with price declines,…Read full story at Cryptopolitan >

Nvidia Leads AI Stocks with Expectations of More AI Earnings Surge

In the realm of AI stocks, Nvidia stands at the forefront, poised to continue its remarkable trajectory of earnings growth. As Wall Street anticipates the chipmaker’s earnings call this week, expectations are high, with analysts projecting revenues nearing $20 billion for the quarter. Nvidia’s pivotal role in the burgeoning generative AI space has not only…Read full story at Cryptopolitan >

Can This Token Priced at $0.12 Be the Next Solana (SOL)?

Identifying the next Solana (SOL) – a token that has seen exponential growth and garnered widespread attention – is the goal of many investors. With Retik Finance priced at a modest $0.12, there’s speculation as to whether it could be the next SOL. Understanding Retik Finance (RETIK) Retik Finance is a decentralized finance (DeFi) project…Read full story at Cryptopolitan >

Polygon Revolutionizes Identity Verification with Palm Recognition Technology

In a move to reshape identity verification in Web3 applications, Polygon, in collaboration with Animoca Brands and The Human Institute, unveiled Humanity Protocol on Polygon chain Development Kit (CDK), integrating palm recognition technology as a cutting-edge solution. This initiative aims to establish Proof of Humanity while addressing concerns about invasive identity verification methods, such as…Read full story at Cryptopolitan >

Meta’s Zuckerberg Set to Confer with Samsung Chief in South Korea Over AI Innovations

In a strategic maneuver underscoring the burgeoning significance of artificial intelligence (AI) on a global scale, Meta’s Chief Executive Officer Mark Zuckerberg is slated to embark on a pivotal journey to South Korea. Set to convene with Samsung Electronics chairman Jay Y Lee, the agenda for this high-profile encounter is conspicuously anchored on the transformative…Read full story at Cryptopolitan >

Ethereum surpasses $3k for the first time in 2 years

Ethereum has blasted past the $3,000 mark as of February 20, marking a significant milestone not seen since April 2022. This achievement highlights a strong uptick in the cryptocurrency’s valuation, with ETH’s price escalating from $2,881 just a day earlier. The surge also amounts to an impressive 4% increase within a mere 24 hours and…Read full story at Cryptopolitan >

Central Bank of Turkey advances digital Lira initiative: Report

The Central Bank of the Republic of Turkey (CBRT) has taken significant strides towards digitizing its national currency, releasing an English translation of its report on the initial phase of the Central Bank Digital Turkish Lira Research and Development (R&D) Project. Originally published in Turkish last year, the document details the progress made in developing…Read full story at Cryptopolitan >

Pyth Network introduces Bitcoin ETF price feeds

The Pyth Network has recently unveiled its latest offering to the decentralized finance (DeFi) community: real-time price feeds for 13 Bitcoin exchange-traded funds (ETFs). This development marks a significant stride towards bridging the gap between traditional finance and the burgeoning world of DeFi, providing developers and users with credible, instant access to Bitcoin ETF prices….Read full story at Cryptopolitan >

The surprising surge of crypto in Russia – What’s driving it?

Cryptocurrency usage is reportedly on the rise in Russia, with a significant uptick in the number of citizens engaging in Bitcoin and other digital token transactions. According to local media outlet Coinspot, Evgeny Kogan, Professor of Economic Sciences at the National Research University Higher School of Economics (HSE), revealed that the interest in cryptocurrencies has…Read full story at Cryptopolitan >

Altcoins Drawing Whale Interest: Polkadot, Sui, and InQubeta

The altcoin market remains the most promising, despite Bitcoin’s dominance. Bitcoin’s surge above $50,000 pushed the crypto market into an uptrend, with altcoins soaring and capturing whales’ interest. Making the list are Polkadot (DOT), Sui (SUI), and InQubeta (QUBE). Amidst the excitement around GoDaddy’s integration with ENS and the upcoming Wormhole airdrop—one of the biggest…Read full story at Cryptopolitan >

Will South Korea’s crypto dreams come true after these bold election promises?

South Korea’s ruling and opposition parties have announced a series of campaign promises focused on cryptocurrency and blockchain technology ahead of the national elections scheduled for April 10. This development highlights the increasing role of digital assets in political agendas, aiming to capture the interest of the country’s younger electorate, which has shown a significant…Read full story at Cryptopolitan >

China Cracks Down on Crypto-Enabled Geopolitical Data Leaks

The Chinese Ministry of National Security (MNS) has issued a stark warning against a sophisticated scheme by overseas map companies designed to illicitly gather sensitive geopolitical data from Chinese users in exchange for cryptocurrency rewards. The alarming trend poses a direct threat to national security, leveraging the allure of digital currencies to compromise critical infrastructural…Read full story at Cryptopolitan >

MetaMask Enhances User Security with Blockaid Integration Across Multiple Chains

In a significant advancement for cryptocurrency wallet security, MetaMask has announced the integration of Blockaid security alerts into its platform, becoming a default feature for both its extension and mobile app users across multiple blockchain networks. The latest update, which follows a successful beta phase, aims to provide MetaMask users with real-time alerts on potentially…Read full story at Cryptopolitan >

CME Group Set to Launch Innovative Micro Euro-Denominated Bitcoin and Ether Futures

In a significant expansion of its cryptocurrency derivatives portfolio, CME Group, the world’s leading derivatives marketplace, has announced its plans to introduce Micro Euro-denominated Bitcoin and Ether futures. Scheduled to debut on March 18, subject to regulatory approval, these new offerings aim to cater to the growing global demand for more nuanced financial instruments in…Read full story at Cryptopolitan >

Ethana shakes up DeFi with $300m inflows and 27% annualized yield

Amid the burgeoning world of decentralized finance (DeFi), Ethena, a newly launched platform, has quickly captured attention and investment, boasting an enticing annualized yield of 27% for holders of its USDe stablecoins. The platform, which had been in beta testing among a limited group, recently opened its doors to the public, leading to a surge…Read full story at Cryptopolitan >

The Transformative Impact of Generative AI on Work Productivity

In an era where digital transformation shapes every facet of the business world, generative AI emerges as a pivotal force in augmenting work productivity. This advanced subset of AI technologies, capable of producing new content from existing data patterns, is redefining the landscape of professional tasks and creative endeavors. By automating routine activities, enhancing human…Read full story at Cryptopolitan >

Crucial Victory for Polygon Against Solana: What’s Next? Polkadot and Promising Memecoin Ready for Ambitious Upticks

In the ever-evolving landscape of cryptocurrencies, recent developments have highlighted significant shifts in market dynamics. Polygon’s recent triumph over Solana, coupled with the anticipated growth of Polkadot and the upcoming launch of Rebel Satoshi ($RBLZ), has sparked widespread interest among investors. In this article, we delve into the implications of Polygon’s victory, the potential for…Read full story at Cryptopolitan >

Is ChatGPT Spying on You? Hackers Caught, Privacy Concerns Raised

The recent news of Microsoft and OpenAI catching state-sponsored hackers has reawakened concerns among ChatGPT users regarding how much the company spies on their chats. Last week, Microsoft, which is the largest investor in OpenAI with a 49% stake, released a report saying they caught Chinese, Russian, and Iranian hackers using LLMs to augment cyber…Read full story at Cryptopolitan >

Nottingham Building Society Accelerates Mortgage Process with MQube’s AI Technology

In a significant move to enhance the efficiency and speed of mortgage application and underwriting processes, Nottingham Building Society has announced its collaboration with MQube. This partnership aims to leverage artificial intelligence through MQube’s advanced Origo platform, promising a revolution in the mortgage industry by offering rapid, cost-effective, and stress-free mortgage solutions. Transforming mortgage underwriting…Read full story at Cryptopolitan >

Tyr Capital’s legal battle reveals crypto industry risks from FTX exposure

Swiss-based crypto hedge fund Tyr Capital finds itself embroiled in a legal dispute with one of its clients, TGT, over its exposure to the now-defunct digital assets exchange, FTX. According to reports from the Financial Times, Tyr Capital stands accused of neglecting warnings regarding its ties with FTX, which filed for bankruptcy amidst allegations of…Read full story at Cryptopolitan >

Sam Bankman-Fried’s prison photo reveals the transformation

A newly surfaced photo allegedly taken at New York’s Metropolitan Detention Centre reveals former FTX CEO Sam Bankman-Fried with a noticeably slimmer physique and a rugged beard, indicative of his time spent behind bars. The image, shared by independent crypto reporter Tiffany Fong in an interview with a former MDC inmate known as “G Lock,”…Read full story at Cryptopolitan >

Groundbreaking AI Interoperability Prototype Developed by Qualcomm and Nokia

In a pioneering collaboration, Qualcomm Technologies and Nokia have unveiled a groundbreaking prototype technology poised to tackle the intricate challenge of interoperability in AI-driven wireless systems. This innovation marks a significant milestone in leveraging the power of artificial intelligence (AI) to enhance the performance and efficiency of wireless networks and devices. Advancing wireless systems with…Read full story at Cryptopolitan >

Wipro and IBM Amplify Partnership to Propel AI Adoption with New Services

Wipro Limited has unveiled the Wipro Enterprise AI-Ready Platform in a strategic move to accelerate the adoption of Artificial Intelligence (AI) across enterprises. This Wipro and IBM collaboration aims to equip clients with the tools necessary to build bespoke, fully integrated AI ecosystems. By leveraging IBM’s watsonx AI and data platform, the initiative marks a…Read full story at Cryptopolitan >

Transparently.AI Secures Investment from Franklin Templeton for AI Accounting Fraud Detection Software

Singapore-based Transparently.AI has successfully secured an investment from Franklin Templeton as part of its entry into the asset manager’s esteemed FinTech Incubator program. The company, specializing in artificial intelligence software designed to detect accounting fraud, aims to bolster its market presence and accelerate its growth trajectory, particularly in North America. Empowering financial vigilance through AI…Read full story at Cryptopolitan >

Baird Raises Price Target for NVIDIA Corporation (NASDAQ: NVDA) on Upbeat AI Demand

In a recent development, Baird, a prominent financial services firm, has reinforced its positive outlook on NVIDIA Corporation (NASDAQ: NVDA), adjusting its price target upward to $1,050 from the previous $750. While maintaining an Outperform rating on the stock, the firm cited robust demand for NVIDIA’s artificial intelligence (AI) solutions as a primary driver behind…Read full story at Cryptopolitan >

Bitcoin holdings on Coinbase drop to 9-year low amid $1B withdrawal

Bitcoin holdings on the Coinbase exchange have plummeted to their lowest point in nine years. This notable decrease comes as large-scale investors, often called “whales,” have withdrawn approximately 18,000 Bitcoin, valued at nearly $1 billion, from the platform. The transfers, which occurred over a recent weekend, varied in value from $45 million to $171 million….Read full story at Cryptopolitan >

UNKJD Soccer Game Goes Live as Brazil Becomes First Mobile Market

Tel Aviv, Israel, February 20th, 2024, Chainwire UNKJD Studios has announced the Brazilian launch of its first mobile game, UNKJD Soccer. The culmination of two years of meticulous development and beta testing, the soccer game combines strategy with on-field excitement. The launch of UNKJD Soccer will make Brazil the first market to access the game’s…Read full story at Cryptopolitan >

Expert predicts Ripple vs. SEC case judgment timeline

In a significant update concerning the legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, Ashley Prosper, a well-regarded member of the XRP community, has provided clarity on the expected timeline for the case’s progression and eventual resolution. Prosper’s insights come at a crucial juncture as stakeholders within the cryptocurrency sector…Read full story at Cryptopolitan >

Hong Kong’s crypto licensing draws local financial giants

Less than a year since the Hong Kong gave the green light to cryptocurrency exchanges, there’s been a notable rush among established financial entities and brokerage firms to secure their spot in the crypto market. This move signals a broader acceptance and integration of cryptocurrencies within the region’s financial ecosystem, setting the stage for a…Read full story at Cryptopolitan >

U.S. Bitcoin ETFs boost liquidity and impact price

The approval of U.S.-based spot Bitcoin exchange-traded funds (ETFs) in January has significantly impacted the cryptocurrency’s market dynamics. A month after introducing nearly a dozen ETFs, the effects are becoming increasingly evident, particularly in liquidity and price stability. Enhanced market depth Data tracked by Paris-based Kaiko reveals a notable uptick in market depth across 33…Read full story at Cryptopolitan >

Smart wallet signals potential XRP price movement

A recent discovery by XRP Liquidity on X, a prominent XRP liquidity tracker, has drawn attention to a smart wallet potentially linked to future price movements of Ripple’s cryptocurrency, XRP. This wallet, identified by the tag “Musk,” has sparked interest within the investment community due to its historical activity and connections to influential figures in…Read full story at Cryptopolitan >

Ripple CTO David Schwartz unveils method to burn 40.7 billion XRP in escrow

In a recent statement, Ripple’s Chief Technology Officer, David Schwartz, explained the potential burning of over 40.7 billion XRP currently held in escrow accounts. This move comes as a response to the growing inquiries and concerns from the XRP community regarding the management and influence of Ripple over the cryptocurrency’s market dynamics. Schwartz’s clarification sheds…Read full story at Cryptopolitan >

Tech Dominates World Governments Summit in Dubai

The World Governments Summit (WGS) in Dubai saw an overwhelming focus on the pivotal role of technology in shaping the future of global governance. With more than 25 world leaders, technology experts, and representatives from various international organizations in attendance, the consensus was clear: embracing technology and tailoring it to specific needs is paramount. Tech…Read full story at Cryptopolitan >

Elon Musk’s X is unraveling in real time – And crypto’s role?

Elon Musk’s X (formerly known as Twitter) is quite literally unraveling before our very eyes. There is a rapid deepfake problem that has undermined the platform’s credibility, especially within the crypto community. As you scroll through X, it’s hard-if not impossible-to not bump into deepfake videos featuring prominent figures like Michael Saylor, Vitalik Buterin or…Read full story at Cryptopolitan >

Bitcoin price forecast: Analyst warns of potential 40% correction amid surging market sentiment

The Bitcoin market has witnessed a surge in price, surpassing the $50,000 mark and reaching a high of $53,000, causing a stir among investors. However, the rally was short-lived as the price retraced downward, catching many off guard. Amidst growing expectations for the cryptocurrency, market analyst Michaël van de Poppe has issued a warning, suggesting…Read full story at Cryptopolitan >

Ripple executive highlights success beyond XRP price

In a recent podcast, Eric van Miltenburg, Senior Vice President for Strategic Initiative at Ripple, made it clear that the company’s measure of success transcends the price fluctuations of XRP. Amidst the volatile nature of the cryptocurrency market, Ripple maintains a steadfast focus on its core mission of revolutionizing cross-border payments, rather than getting swayed…Read full story at Cryptopolitan >

AI Startups Face Collapse Despite High Valuations and Funding

In the dynamic landscape of artificial intelligence (AI) startups, achieving unicorn status—denoting a privately held startup valued at over $1 billion—has long been perceived as a hallmark of success. However, recent events have underscored a sobering reality: high valuations and substantial funding do not guarantee long-term viability. Unveiling the reality behind unicorn failures Despite initial…Read full story at Cryptopolitan >

How Cardano’s Midnight Could Safeguard Users from Romance Bot Risks

Cardano, under the guidance of founder Charles Hoskinson, has unveiled Midnight, a revolutionary sidechain aimed at elevating privacy standards in the digital sphere. This groundbreaking initiative addresses mounting concerns surrounding data protection amidst the proliferation of romantic chatbots and the attendant privacy risks. Exploring Cardano Midnight’s core features and applications Midnight emerges as a beacon…Read full story at Cryptopolitan >

Microsoft Announces $2.1 Billion Investment in AI and Cloud Infrastructure in Spain

Microsoft, the US-based technology giant, has unveiled its plans to bolster its artificial intelligence (AI) and cloud infrastructure in Spain with a substantial investment of $2.1 billion (€1.9 billion) over the next two years. This initiative marks a significant step beyond establishing data centers, emphasizing the company’s dedication to fostering the digital transformation and development…Read full story at Cryptopolitan >