Do Kwon’s Terraform Labs Taps Former CFO To Serve As Chief Executive

Terraform Labs has appointed a new CEO while co-founder Do Kwon serves a prison sentence in Montenegro.  Former CFO and COO Chris Amani has been tapped to serve as the defunct crypto firm’s new CEO.  Amani took over Do Kwon’s role after he disappeared last year but stepped down following Kwon’s arrest in March 2023.  …

Dormant Ethereum whale stirs, sending $116M worth of ETH to Kraken

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Realized price closing in long-term holder price: Does this signal a possible end of the bear market?

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An indecisive options market keeps Bitcoin flat

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Russia could begin digital rubles testing as early as next month

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El Salvador’s Bitcoin experiment sees slow adoption, but crime reduction

Two years after El Salvador adopted Bitcoin as legal tender, adoption remains low as citizens question the cryptocurrency’s benefits, according to former Ethereum core developer Lane Rettig. In a recent talk at EthCC 2023, Rettig provided an update on El Salvador’s Bitcoin experiment he first discussed in 2021. After visiting the country twice since the …

Cronos Labs urges Crypto-AI integration in 3 key areas

At the Ethereum Community Conference (EthCC) on July 19, Ken Timsit, Managing Director of Cronos Labs, delved into emerging use cases and limitations of blockchain-enabled AI. Based on research from 200+ Cronos Accelerator applicants, Timsit aimed to cut through the hype and identify high-impact applications. He organized crypto-AI innovation into three buckets: supercharging productivity, decentralized …

Tech titans and seasonal trends: A deeper look into S&P 500 performance

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Cathie Wood Says ARK Invest Bullish on Coinbase After Ripple’s Victory in SEC Lawsuit

ARK Invest CEO Cathie Wood says that she is bullish on top US crypto exchange Coinbase after the ruling in Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC). In a new Bloomberg interview, Wood says that while ARK decided to sell some Coinbase shares for profit-taking, she continues to have an optimistic …

AI opens doors for NFT artist Ellie Pritts at Bitforms gallery in NYC

Artificial intelligence and analog technology collaborate across the imaginative animations of noted Los Angeles-based NFT artist Ellie Pritts. Interview Join us on social networks This month, Los Angeles-based nonfungible token (NFT) artist Ellie Pritts is celebrating “In the Screen I am Everything,” her first solo show in New York City — and her first time …

Tokenizing music royalties as NFTs could help the next Taylor Swift

Since 2021, pop superstar Taylor Swift has been rerecording and releasing her entire back catalog of albums in an effort to break away from her previous record label and gain greater control over her art. The fact she has to go through such a painstaking, expensive process just to recover what most would consider rightfully …

Nasdaq halts launch of cryptocurrency custody service

Nasdaq said it remains committed to the digital asset business development and will be monitoring the market events in the near future. News Join us on social networks Global securities marketplace Nasdaq is halting the launch of its own cryptocurrency custody that it previously planned to roll out by the end of the second quarter …

AI optimizing crypto exchange functions – Bitget exec

Artificial intelligence tools are providing solutions to various functions and departments within major cryptocurrency exchanges. News Join us on social networks Cryptocurrency exchanges are finding novel ways to improve internal departments and functions using artificial intelligence, according to Bitget managing director Gracy Chen. Speaking to Cointelegraph editor Zhiyuan Sun during EthCC in Paris, the exchange’s …

Former FTX Fundraising Guru Resurfaces At Sino Global Crypto Fund

Zhe Constance Wang was known as Sam Bankman-Fried’s right hand for fundraising and played an executive role in FTX’s ascent. Wang is not currently facing criminal charges or allegations although she was subpoenaed by federal prosecutors in the case against Bankman-Fried. The former crypto exchange exec now leads the gaming division at crypto fund Sino …

G20 Urges Global Crypto Rules To Put End to Regulatory Arbitrage: Reuters

The G20’s Financial Stability Board (FSB) is rolling out a set of recommendations for crypto and stablecoin policies in an effort to address the sector’s international regulatory gaps. The crypto recommendations are designed to establish a “global regulatory baseline” after last year’s high-profile Terra (LUNA) and FTX implosions rattled the digital asset sector. The FSB …

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