December 19, 2024 – London, United Kingdom As cryptocurrency adoption expands, so do the associated risks, including physical threats targeting crypto holders. Traditional wallets often lack safeguards to address real-world coercion scenarios. Addressing this challenge, Deus Wallet introduces a new feature – ‘duress mode.’ This technology, integrated into Deus’s non-custodial framework, provides an added layer …
Yearly archives: 2024
Deutsche Bank Working on Institutional Crypto Solution for Regulatory Hurdles: Report
Germany-headquartered Deutsche Bank is reportedly developing a solution for the regulatory challenges that financial institutions face when using public blockchains. Bloomberg reports that the global investment bank is building a layer-2 blockchain for leading smart contract platform Ethereum (ETH) to address regulatory concerns of financial firms such as inadvertently dealing with criminals and sanctioned entities. …
EEA Industry Day at Devcon 2024
We are excited to share the success of the inaugural Industry Day from the Enterprise Ethereum Alliance, at Devcon 2024. More than 300 attendees enjoyed panels and presentations featuring more than 75 speakers. After an introduction from EEA Executive Director Karen Scarbrough and EEA Chairman, Paul Brody, the sessions kicked off with Gitcoin founder Kevin Owocki presenting …
US government rejects Sam Bankman-Fried’s conviction appeal
The US authorities have rejected Sam Bankman-Fried‘s appeal to overturn his conviction and sentencing related to the bankrupt FTX collapse. According to a recent court filing, the government found no merit in his claims, asserting that the jury’s verdict and the trial’s outcome were sound. Bankman-Fried, the founder of the now-defunct FTX exchange, had sought …
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Bitwise CIO downplays price ‘hiccup’ amid Bitcoin bull trend after FOMC shakes markets
Bitcoin’s price experienced a sharp pullback following the US Federal Reserve’s recent rate cut, but market experts like Bitwise CIO Matt Hougan remain optimistic about the asset’s long-term trajectory. On Dec. 18, the Federal Reserve announced a 25-basis-point rate cut, scaling back its outlook for 2024 to two cuts instead of the previously expected four. …
Secret Network Launches Claive AI With Privacy at Its Core
Secret Network has announced the launch of Claive AI, a decentralized platform that aims to provide secure and confidential artificial intelligence (AI) services for enterprise users. Claive AI Combines Blockchain and Confidential Computing According to the announcement shared with Bitcoin.com News, the platform leverages Secret Network’s privacy-preserving blockchain technology, focusing on secure and confidential AI …
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Metamask Launches Pilot Program for Metamask Card in the United States
The Metamask card allows crypto holders to make everyday purchases with crypto directly from the Metamask wallet. Metamask Card Launches in the U.S. Metamask, one of the popular crypto wallets has announced the kickoff of its limited pilot program for the Metamask card in the U.S. The Metamask card allows crypto users to spend cryptocurrency …
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Quid Pro Quo: El Salvador Scores $1.4 Billion IMF Credit by Scaling Back Bitcoin Activities
The International Monetary Fund (IMF) reached an agreement with the government of El Salvador to provide a $1.4 billion credit facility to fund the country’s reform agenda. In exchange, El Salvador agreed to scale back bitcoin’s economic involvement to mitigate risks derived from its implementation. El Salvador to Receive $1.4 Billion Credit From the IMF, …
‘Pharma Bro’ Martin Shkreli Doubles Down on Shorting Microstrategy
Martin Shkreli, also known as “Pharma Bro,” has doubled down on his position of shorting Microstrategy, the public company that owns the most bitcoin. Answering a social media post criticizing his pessimistic stance on Microstrategy and bitcoin, and asking if this was the right call to make, Shkreli replied it absolutely was. In a recent …
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Ethereum Smart Contracts Are Being Reimagined by Lightchain AI Ecosystem
PRESS RELEASE. Lightchain AI is making waves in the blockchain and crypto space, quickly amassing nearly $3 million in their groundbreaking token presale initiative. But they’re not stopping there. This innovative project has its sights set on redefining how Ethereum ERC20 smart contracts operate, introducing a game-changing approach that promises to revolutionize the blockchain industry. …
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Shut It Down — AI Exposes Hidden Pork in Congress’s Controversial Spending Package
According to reports, the U.S. government is teetering on the brink of yet another shutdown, with the funding deadline looming large on Dec. 20, 2024. The proposed funding bill has stirred up quite the controversy, packed as it is with what many call pork. The bill also sneakily tucks in a $70,000 salary bump for …
Crypto Resilience: ETFs Attract Millions Despite Market Woes
On Wednesday, Dec. 18, the 12 spot bitcoin (BTC) exchange-traded funds (ETFs) attracted $275.39 million in positive inflows, even as the broader cryptocurrency market faced a downturn and bitcoin briefly dipped below $100,000. Ether ETFs Record Modest Gains as Bitcoin Funds Shine Both spot bitcoin ETFs and their ether (ETH) counterparts reported gains on Dec. …
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Trader Says XRP Will Be Off to the Races Once Major Resistance Level Is Overcome – Here’s His Price Target
Analyst and trader Ali Martinez is leaning bullish on the third-largest crypto asset by market cap, XRP. Martinez tells his 100,500 followers on the social media platform X that XRP is flashing a bullish signal on the four-hour time frame and could soar by around 57% from the current level. “XRP has been consolidating in …
From $6 to $87,000: Early PENGU Holder Scores Big on Solana-Based Memecoin: Arkham
A lucky crypto trader scored a gigantic return after investing early in the new native asset of a non-fungible token (NFT) project built on Solana (SOL). The market analytics platform Arkham Intelligence notes that someone bought only $6 worth of PENGU, the new utility token for the NFT project Pudgy Penguins, then added it to …
Bitcoin on Cusp of Rallying Higher as One Indicator Turns Bullish, Says Kevin Svenson – But There’s a Catch
Analyst and trader Kevin Svenson is leaning bullish on Bitcoin (BTC) as the flagship crypto asset continues to hover above the $100,000 price. Svenson tells his 81,000 YouTube subscribers that based on the Moving Average Convergence/Divergence (MACD) indicator on the daily time frame, Bitcoin could surge higher over the short term. According to the analyst, …