Author: e_cash_top
-

Opyn founders exit crypto industry following CFTC regulatory actions
[ad_1] On Nov. 14, Zubin Koticha and Alexis Gauba, the co-founders of Opyn, an Ethereum-based options trading platform, announced their decision to step down from their project and leave the crypto industry altogether. Zubin Koticha, co-founder at Opyn, wrote: “Hey Crypto Twitter … This one’s a tough one. After the regulatory action against Opyn, [co-founder…
-

Disney unveils digital collectibles with characters from iconic franchises
[ad_1] Entertainment giant Disney announced a new line of digital collectibles, which will be offered under the brand name Disney Pinnacle, on Nov. 14. The project’s X page indicates that users will be able to collect and trade digital pins featuring characters from Disney and Pixar franchises. Featured characters include Mickey Mouse, Sebastian from The…
-

Web3 and AI take center stage at Newconomics 2023 with a focus on inclusivity and mental health
[ad_1] The inaugural day of Newconomics 2023 in Lisbon saw a tapestry of innovative ideas, blending the latest in technology with a strong emphasis on mental health, inclusivity, and the burgeoning world of Web3. Leaders and pioneers across various sectors provided deep insights into how the digital landscape shapes society and business’s future. Here’s a…
-

Nasdaq files proposal seeking SEC rule change to allow spot Ethereum ETF
[ad_1] Nasdaq filed a proposal with the SEC seeking approval to list BlackRock’s spot Ethereum exchange-traded fund (ETF) based on the regulator’s recent approval of ETH-based futures ETFs in October. The exchange proposed that the regulator allow it to create the iShares Ethereum Trust under its Nasdaq Rule 5711(d) — which governs the listing and trading…
-

Historical correlation between elections and recessions raises concerns ahead of 2024
[ad_1] Quick Take The federal funds rate, currently steady at a noteworthy 5.33% — a peak unseen since 2001 — indicates the ongoing battle against one of the harshest inflation rates in the past forty years. However, with the U.S. CPI YoY decreasing from over 8% to a mere 3.2%, the intense inflationary pressure seems…
-

Ethereum and Solana lead DeFi surge as TVL and DEX activity soar
[ad_1] The DeFi sector has experienced a significant increase in both activity and token prices, primarily driven by Bitcoin’s October rally. Central to understanding this landscape is the concept of Total Value Locked (TVL) and decentralized exchange (DEX) volumes, two critical metrics that offer insights into the health and trajectory of DeFi protocols. TVL, the…
-

Coinbase expects spot Bitcoin ETFs to unlock new era of crypto investment options
[ad_1] According to its monthly outlook report, Coinbase predicts that the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) will pave the way for new “compliance-friendly” financial products. The firm furthered that these ETFs could extend access to crypto assets for diverse investor classes like registered investment advisers (RIAs), retirement funds, and institutions. “Spot…
-

Known scammer linked to memecoin named after Musk’s Grok chatbot, token dumps
[ad_1] GROK, a suspicious AI chatbot-inspired memecoin, has seen its value plummet by more than 50% after reports emerged that its developer was linked to a past crypto scam. The memecoin is named after Elon Musk’s Grok xAI chatbot service, which was launched earlier in the month. The logo for the token, according to CoinMarketCap,…
-

Vitalik Buterin signals potential Plasma scaling resurgence with tech enhancements
[ad_1] In a recent blog post, Ethereum co-founder Vitalik Buterin revisited the concept of Plasma, a once-prominent scaling solution, underscoring its potential resurgence in the blockchain ecosystem with new technological advancements. As Vitalik Buterin explains, Plasma, a blockchain scaling framework first introduced in 2017, is poised for a comeback. Initially overshadowed by rollup technology due…
-

AI in space – how Artificial Intelligence is now helping us find untapped natural resources from outer space
[ad_1] Comstock subsidiary Quantum Generative Materials (GenMat) has announced the recent launch of GENMAT-1, marking a significant milestone in exploring untapped natural resources. The Hyperspectral Remote Sensing Imaging (HRSI) system represents a groundbreaking fusion of artificial intelligence (AI) and advanced space technology, paving the way for a new era in resource discovery and analysis. GENMAT-1…