Digital assets defy traditional market trends amid signs of economic slowdown

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North Korea’s Lazarus Group escalates crypto attacks via Telegram phishing

North Korea-backed hackers Lazarus Group are increasingly targeting the cryptocurrency community through widespread phishing operations on the popular messaging application Telegram, according to a Dec. 6 update from blockchain security firm SlowMist. The group’s new modus operandi involves impersonating reputable venture capital investment figures from Archax, HashKey, and Gumi Cryptos to lure crypto teams with …

Understanding investor sentiment through the Bitcoin leverage ratio

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Legacy media skepticism playing catch up to Bloomberg for Bitcoin coverage

Recent developments in crypto, particularly Bitcoin’s price surge, starkly contrast with the continued skeptical and sensationalist coverage by legacy media.  Granted, Bitcoin’s journey in the digital currency landscape has often been tumultuous, marked by significant price fluctuations and evolving public perceptions. However, despite a remarkable 168% increase in value this year, Bitcoin continues to face …

Bitcoin’s new regional price trend sees Asia and Europe in bullish sprint, US leads charge

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New Jersey bill seeks to classify digital assets sold to institutional investors as securities

A bill that categorizes cryptocurrencies sold to institutional investors as securities was introduced to New Jersey’s general assembly on Nov. 30 by Assemblyman Herb Conaway Jr. The proposed legislation mainly focuses on virtual currencies directly sold to institutional investors as it explicitly states: “This bill classifies all virtual currencies issued and sold to institutional investors …

Banking Giant Societe Generale Says It Has Issued First ‘Digital Green Bond’ on Ethereum (ETH) Network

One of the largest banks in France says it has issued the first-ever digital green bond as a security token on the Ethereum (ETH) blockchain. In a new press release, banking giant Societe Generale says it has issued the eco-friendly bond to increase transparency and traceability surrounding ESG (Environmental, Social, and Governance) data. “This transaction …

Investor Brian Kelly Says January Could Be Month of Altcoin Breakouts – Here’s His Outlook

Crypto investor Brian Kelly says that many altcoins could start surging next month, following Bitcoin’s (BTC) massive rally. In a new interview on CNBC’s Fast Money, the founder and CEO of digital asset investment firm BKCM says that he expects some altcoins to start rallying in January following a historic price pattern. “Generally what we’ve …

Lawmakers’ fear and doubt drives proposed crypto regulations in US

Real bipartisan legislative efforts are rare in Washington, DC, these days, but Democratic Senators Elizabeth Warren and Joe Manchin and Republican Senators Lindsey Graham and Roger Marshall have managed to come together to co-sponsor a bill focused on crypto crime.  According to the senators, the Digital Asset Anti-Money Laundering Act of 2023 aims to close …

Artists aim to thwart AI with data-poisoning software and legal action

With AI-generated content continuing to evolve, the advent of data-poisoning tools capable of shielding an artist’s works from AI could be a game changer. Analysis Join us on social networks As the use of artificial intelligence (AI) has permeated the creative media space — especially art and design — the definition of intellectual property (IP) …

Thrash-metal band Megadeth launches NFT collection and metaverse community

The American thrash-metal band Megadeth released a new NFT collection, aiming to connect with its community in both physical and digital reality. News Join us on social networks Legendary American thrash metal band Megadeth announced a new nonfungible token (NFT) collection on Dec. 5, allowing fans exclusive access to content and physical experiences. The band …

Bitcoin halving, BTC ETF hype driving price up into 2024 — NBX Berlin

Several macro events are contributing to increased interest in Bitcoin, its price and a knock-on effect on the wider markets. News Join us on social networks The potential approval of spot Bitcoin exchange-traded funds (ETFs), the looming BTC mining reward halving and major regulatory and enforcement actions have a profound psychological effect on market prices.  …

Early Ethereum Whale Address Sends Nearly $90,000,000 to Kraken After Being Dormant for Five Years: On-Chain Data

An early Ethereum (ETH) whale appears to have woken up from a multi-year slumber. Data from crypto tracker Lookonchain reveals that the deep-pocketed investor deposited 39,260 ETH worth $87.5 million to the crypto exchange Kraken on Monday after being dormant for five years. The whale received 47,260 Ethereum worth $11.34 million (at a price of …

IBM, Meta and others form ‘AI Alliance’ to advance AI development

In a joint statement, IBM and Meta outlined the AI Alliance’s objectives, emphasizing a commitment to safety, collaboration, diversity, economic opportunity and universal benefits. News Join us on social networks In the race for market supremacy among artificial intelligence (AI) firms, a coalition of technology leaders spearheaded by IBM and Meta established the AI Alliance. …

Societe Generale to debut Euro-pegged stablecoin on Bitstamp exchange

Société Générale, France’s third-largest bank, is poised to introduce a stablecoin named EUR CoinVertible (EURCV) on Bitstamp, a Luxembourg-based crypto exchange, the Financial Times reported on Dec. 6. Bitstamp’s website shows that the stablecoin has been listed on the platform, but trading has yet to begin as of press time. What is EURCV? EURCV is …

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