Advertisements The app allows users to generate passport zero-knowledge proofs (ZKs) to verify the uniqueness of individuals without revealing their identity Rarimo has unveiled RariMe, a competitor to Worldcoin, and an app that allows users to generate passport zero-knowledge proofs (ZKs) verifying their uniqueness without revealing their identity, the company announced on Thursday. Unlike WorldcoinContinue reading “Rarimo’s Worldcoin Alternative RariMe Goes Live”
Category Archives: Finance
PoliFi Tokens, BTC Under Pressure Ahead of Biden-Trump Debate
Advertisements If crypto-friendly Republican candidate Trump goes off the rails, Republicans may wince, but the GOP ticket will likely not change. The crypto market showed no signs of excitement ahead of Thursday’s pivotal U.S. Presidential debate between incumbent Joe Biden and his crypto-friendly Republican candidate, Donald Trump. At 04:56 UTC, TRUMP, the first major tokenContinue reading “PoliFi Tokens, BTC Under Pressure Ahead of Biden-Trump Debate”
Bitcoin ETFs Post $900M in Net Outflows This Week
Advertisements Thursday marked the fifth straight day of net outflows for the U.S.-listed ETFs in their worst performance since mid April. Spot bitcoin (BTC) exchange-traded funds (ETFs) listed in the U.S. recorded their fifth-straight day of outflows on Thursday, losing over $900 million so far this week. Data tracked by SoSoValue shows that the 11Continue reading “Bitcoin ETFs Post $900M in Net Outflows This Week”
Shell Việt Nam lần đầu tiên tổ chức “Ngày hội Thợ máy Nhất Nhất” nhằm tôn vinh nghề thợ máy
Advertisements Sự kiện “Ngày hội Thợ máy nhất nhất” được tổ chức tại Nhà Văn hóa Thanh niên Thành phố Hồ Chí Minh với sự tham gia của đông đảo cộng đồng thợ máy Việt. Đây là lần đầu tiên Shell Việt Nam tổ chức sự kiện tôn vinh nghề thợ máy và tinh thầnContinue reading “Shell Việt Nam lần đầu tiên tổ chức “Ngày hội Thợ máy Nhất Nhất” nhằm tôn vinh nghề thợ máy”
Solana-Ether Ratio Hits 3-Month Low, Analyst Anticipates Further Losses
Advertisements The ratio has declined 35% in one month, reaching the lowest since March 13. A month ago, CoinDesk discussed how spot ether (ETH) ETF speculation could spur an outflow of money from altcoins, including Solana’s SOL token and into ether. The market has since behaved as expected, with the ratio between SOL and ETH’sContinue reading “Solana-Ether Ratio Hits 3-Month Low, Analyst Anticipates Further Losses”
German Government Agency Moves $425M Bitcoin, Some to Crypto Exchanges
Advertisements Arkham previously identified the address as belonging to the German Federal Criminal Police Office (BKA), which had seized almost 50,000 BTC from a piracy site. A German government agency today moved $425 million in bitcoin (BTC) to another wallet address, Arkham data appears to show, sending some on to crypto exchange deposit wallets andContinue reading “German Government Agency Moves $425M Bitcoin, Some to Crypto Exchanges”
Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein
Advertisements Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said. Bitcoin (BTC) and crypto-linked stocks are underrated and ripe for institutional adoption, broker Bernstein said in a research report on Wednesday. Bernstein notes that crypto bears have argued thatContinue reading “Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein”
SEC Ends Probe Into Consensys, Won’t Sue Over Ethereum
Advertisements The U.S. regulator closed its investigation into “Ethereum 2.0,” Consensys said. The price of ether (ETH) rose after Consensys received letters from the U.S. Securities and Exchange Commission (SEC) saying the regulator had ended its investigation into the technology incubator company and was not going to recommend an enforcement action against it. The SECContinue reading “SEC Ends Probe Into Consensys, Won’t Sue Over Ethereum”
MicroStrategy Is Pioneering Bitcoin Capital Markets, Bernstein Says
Advertisements Michael Saylor’s firm is the only corporation that has developed institutional demand for bitcoin linked convertibles, the report said. MicroStrategy (MSTR) is not just a software firm diversifying its corporate treasury into cryptocurrency, it is pioneering bitcoin (BTC) capital markets, broker Bernstein said in a research report on Tuesday. “MSTR is the only corporateContinue reading “MicroStrategy Is Pioneering Bitcoin Capital Markets, Bernstein Says”
RWA Tokenization Expands to Life Insurance with Infineo Minting $9M of Policies on Provenance Blockchain
Advertisements This was the first example of transferring tokenized versions of life insurance policies, the company said. Life insurance is the latest traditional financial product to receive crypto’s red-hot tokenization treatment. Infineo, a company that focuses on blockchain-based life insurances, said Tuesday that it has transferred the “first-ever” tokenized life insurance policy on distributed ledgerContinue reading “RWA Tokenization Expands to Life Insurance with Infineo Minting $9M of Policies on Provenance Blockchain”
Financial Stability Board to Extend Its Work on Stablecoin Risks in Emerging and Developing Economies
Advertisements Members of the global financial stability body discussed areas that “warrant further attention” in the crypto sector during a meeting in Toronto last week. The Financial Stability Board (FSB), which monitors the global financial system for systemic risk, said it will undertake further work on the challenges posed by stablecoins in emerging and developingContinue reading “Financial Stability Board to Extend Its Work on Stablecoin Risks in Emerging and Developing Economies”
Drake on Brink of $1M Bitcoin Loss as NHL and NBA Bets Sour
Advertisements A series of unfortunate sports losses have left Drake very close to losing $1 million worth of bitcoin bets. Canadian singer Drake is on the cusp of losing $1 million worth of crypto after he placed two individual $500,000 bets on the Edmonton Oilers and the Dallas Mavericks to win their respective Stanley CupContinue reading “Drake on Brink of $1M Bitcoin Loss as NHL and NBA Bets Sour”
Bearish Outlook for Asian Currencies
Advertisements Analysts predict that most Asian currencies will weaken, with the Indonesian rupiah and Philippine peso being the most vulnerable. The survey, conducted before the US May inflation report and the Federal Reserve’s monetary policy meeting, indicated that stable prices and the Fed’s decision to delay interest rate cuts until December will continue to pressureContinue reading “Bearish Outlook for Asian Currencies”
Crypto and Artificial Intelligence Could be a $20 Trillion Megatrend, Bitwise Says
Advertisements The two industries could add a collective $20 trillion to global GDP by 2030, the report said. Artificial intelligence (AI) and crypto could add a combined $20 trillion to the global economy by 2030, asset manager Bitwise said in a report on Wednesday. “The intersection of AI and crypto is going to be evenContinue reading “Crypto and Artificial Intelligence Could be a $20 Trillion Megatrend, Bitwise Says”
U.S. CPI Was Flat in May, Beating Expectations; Bitcoin Rises to $69.2K
Advertisements Softer inflation data could prove a boon to recently under pressure digital asset prices. The U.S. Consumer Price Index (CPI) was flat in May, beating economist forecasts for a 0.1% rise and down from 0.3% in April. On a year-over-year basis, CPI was up 3.3%, compared to analyst forecasts and the previous month’s readingContinue reading “U.S. CPI Was Flat in May, Beating Expectations; Bitcoin Rises to $69.2K”