We are incredibly grateful for the support and trust you have placed in our publication over the last 10 years. We strive to deliver the most thoughtful, engaging and impactful news affecting the cryptocurrency space.Continue Reading on Cointelegraph More
On Oct. 16, the administration released an update saying it is developing a framework through which city agencies can “carefully” evaluate AI tools and their risks. The framework is also designed to help build government employees’ knowledge and skills of AI technologies and improve life quality for local residents. Continue Reading on Cointelegraph More
According to reports from the criminal trial of Sam “SBF” Bankman-Fried on Oct. 16, Singh revealed details about his deal with the United States Justice Department, which had him plead guilty to fraud charges announced in February. The former FTX engineer director reportedly said he faced up to 75 years in prison for charges related to defrauding users of the crypto exchange.Continue Reading on Cointelegraph More
According to a post by Uniswap founder Hayden Adams, the affected tokens are Ether (ETH), USD Coin (USDC), Wrapped Ether (wETH), Tether (USDT), Dai (DAI), Wrapped Bitcoin (WBTC), Angle Protocol’s agEUR, Gemini Dollar (GUSD), Liquidity USD (LUSD), Euro Coin (EUROC) and StraitsX Singapore Dollar (XSGD). Shortly after publication, a spokesperson for Uniswap reached out to Cointelegraph, stating that “both the input and output token need to be on the list for the fee to apply.”Continue Reading on Cointelegraph More
Ellison revealed that Alameda’s bad loans created market panic around FTX, causing users to withdraw their funds. FTX then paused withdrawals to contain the situation, and the exchange came crashing down within days. When one of the employees attending the meeting asked Ellison how FTX intended to pay back its customers, she said the crypto exchange was planning to raise further funds to fill the gap.Continue Reading on Cointelegraph More
Thus, Bitcoin-focused ETPs attracted $16 million, bringing year-to-date inflows to $260 million. On the other hand, however, short Bitcoin investment products saw inflows of $1.7 million, indicating that there are still bearish-minded investors on the market.For their part, XRP-oriented investment products demonstrated remarkable resilience, receiving $0.42 million last week, marking the 25th consecutive week of positive fund flows. Despite legal challenges throughout the year, consistent investor support of was and is still evident.Source: The crypto market’s main altcoin has also found itself in the mud as , despite the launch of a futures ETF, has faced investor reluctance, with outflows totaling $7.5 million last week. These outflows, which partially offset significant inflows the previous week, can be attributed to concerns about the design of the Ethereum protocol.In summary, and XRP continue to attract investor interest, as reflected in the report’s data. While challenges persist for certain altcoins and Ethereum faces investor hesitance, the sustained inflows into and XRP indicate positive trends at least for these two popular digital assets.This article was originally published on U.Today More
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According to a data analysis based on public filings, crypto firm 21.co estimated that the U.S. government still holds 194,188 BTC, estimated to be worth $5.3 billion. The firm noted in its analysis that these are “lower-bound estimations of the U.S. government holdings based on publicly available information.”Continue Reading on Cointelegraph More
