July 11, 2023 Algorand’s largest DeFi protocol Algofi to shut operations Algorand’s (ALGO) largest decentralized finance protocol, Algofi, will wind down because current events have made its continued operations non-viable, according to a July 10…
July 11, 2023 China to require a license to release generative AI tools Sources close to Chinese officials say the draft rules for AI developers have been updated to include obtaining a license prior to releasing generative…
July 11, 2023 How to actually spend your Bitcoin, Explained Learn how to spend Bitcoin by directly paying merchants or using Bitcoin debit cards, as well as utilizing peer-to-peer platforms for transactions with other…
July 11, 2023 Bitcoin’s soaring user base reveals this about the future of BTC Bitcoin sees over 550 new addresses as network growth spikes. Bitcoin price has been lackluster but maintained the $30,000 price range. The recent movement…
July 11, 2023 Bitcoin At Mid-Cycle Point: Historical Pattern Repeating Itself? Bitcoin has reached a critical juncture in its current market cycle, according to a recent analysis conducted by on-chain analytics firm Glassnode. The data…
July 11, 2023 Report: The crypto custody market reached $448 billion in 2022 Researchers cite a rise of interest in crypto staking, made possible by the Ethereum Merge and the appearance of non-fungible tokens (NFTs) as the…
July 11, 2023 Bitcoin ‘Burj Khalifa’ fakeout repeats as BTC price spikes to $31K BTC price gets a $31,000 boost, but like last week, Bitcoin bulls fail to hold it — is this classic “re-accumulation?” Bitcoin (BTC) staged…
July 11, 2023 DeFi borrower uses luxury watch-backed NFT as collateral for a loan While some praised the move, others believe that it’s centralized and is adding NFTs where it’s not necessary. A nonfungible token (NFT) collector shared…
July 11, 2023 Solana among top searched projects, but metrics flash mixed signals Solana ranked fifth in top searches on 9 July. SOL’s price was currently undergoing a corrective phase as it trades around $20.7. Solana [SOL]…
July 11, 2023 UK FCA shuts down 26 crypto ATMs following coordinated investigation The FCA — along with other law enforcement agencies — investigated 36 crypto ATM locations using powers under the Money Laundering Regulations 2017. United…