Hodling Crypto? Explaining the Typo that Became a Popular Crypto Term
Augustine Mbam - May 25, 2023
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An executive with the popular crypto exchange Binance has revealed how solutions created by artificial intelligence can be used to bypass their Know Your Customer process. According to Jimmy Su, Binance’s chief security officer, the use of AI to verify KYC is becoming so advanced that many exchanges find it hard to differentiate between humans and AI.
Before this new announcement, Hotbit had more than 5 million users worldwide and was aiming to reach the level of top crypto exchanges like Coinbase and Binance. However, the crypto firm cited many issues for Hotbit shutting down. They mentioned risk management concerns, extreme modifications and changes within the crypto industry, and deteriorating operating conditions as the reason for getting Hotbit closed.
The crypto community might see the world’s first-ever Bitcoin (BTC) Tower very soon after an ambitious crypto developer makes the announcement. A Dubai-based developer said a BTC tower would soon be unveiled in the country, and its goal is to show the world the Importance of digital assets such as cryptocurrencies in every country's economy.
According to research from JPMorgan Bank, a new class of assets called deposit tokens or tokenized cash is coming after stablecoins. JPMorgan claims that as time goes on, deposit tokens could overtake stablecoins in popularity and fit into former stablecoin use cases. But what are tokenized deposits or "deposit tokens?"
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Bitboy Betrays the Crypto Community, Dumps Holdings Hard
May 18, 2023Crypto influencer Ben Armstrong popularly known as Bitboy Crypto has sold all his $BEN tokens after making a tweet that he wouldn't sell them for six months. On his Twitter page on May 10th, the crypt
This is How Much Tether Made in Q1 of 2023 Alone
May 11, 2023Following a recent reserves report attested by BDO Italia, one of the biggest stablecoin issuers in the crypto industry, Tether has reportedly made a whopping $1.5 billion in profits for the quarter 1
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Crypto influencer Ben Armstrong popularly known as Bitboy Crypto has sold all his $BEN tokens after making a tweet that he wouldn't sell them for six months. On his Twitter page on May 10th, the crypt
Sam Bankman-Fried Shot With More Lawsuits By FTX Leadership
May 18, 2023Former FTX executives, represented by their lawyers, have sued Sam Bankman-Fried over a $220M deal before the failed exchange's bankruptcy. According to the details of the case, the former CEO of the
CZ Unfollows Elon Musk on Twitter, But is this a Sign?
May 17, 2023Binance CEO Changpeng Zhao (CZ) has recently unfollowed Tesla and SpaceX billionaire Elon Musk for unknown reasons. The two parties can pass off as friends as they have always supported each other in
High Fees On Ethereum, Bitcoin is Good News for Solana
May 17, 2023The drastic fee increase in major blockchains like Ethereum and Bitcoin seems good news for Solana, as it has seen its daily users increase to a new level. According to data from the Block, the averag
BLOCKCHAIN
China's Zhengzhou City Has Mapped Out Breathtaking Metaverse Plans
May 29, 2023According to a new report, it shows that the companies that are entitled to this fund are only those operating within the jurisdiction of this province. It will also include a couple of funding promises that will help attract metaverse crypto companies staying in other provinces of China. In other words, the municipal government of Zhengzhou is trying to create a city that will be infested with many well-funded metaverse businesses.
The Secret Service Loves Blockchain Technology, Even Owns an NFT Collection
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How African Countries Are Utilizing Ripple's XRP in 2023
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REGULATION
A group of lawyers in the United States of America have started protesting the Tornado Cash sanctions. According to these lawyers, these sanctions against the crypto project are tentatively holding back freedom of speech in the country.
CRYPTOCURRENCY
China's Zhengzhou City Has Mapped Out Breathtaking Metaverse Plans
May 29, 2023According to a new report, it shows that the companies that are entitled to this fund are only those operating within the jurisdiction of this province. It will also include a couple of funding promises that will help attract metaverse crypto companies staying in other provinces of China. In other words, the municipal government of Zhengzhou is trying to create a city that will be infested with many well-funded metaverse businesses.
AI Cryptos Are Booming as Nvidia Chips Demand Explode
May 28, 2023After the tech giant Nvidia Corporation witnessed an AI chip boom, many AI-related cryptocurrencies have significantly surged within the past 24 hours. The scenario within the past day further shows the synergy between AI tokens and the AI industry. The increased demand for AI chips from Nvidia saw many AI-based crypto tokens enter massive bullish trends.
Bitboy Betrays the Crypto Community, Dumps Holdings Hard
May 18, 2023Crypto influencer Ben Armstrong popularly known as Bitboy Crypto has sold all his $BEN tokens after making a tweet that he wouldn't sell them for six months. On his Twitter page on May 10th, the crypt