“The way in which crypto is used has shifted. Individual crypto assets and blockchains are no longer isolated systems and have become part of a larger, interconnected crypto economy,” Tom Robinson, co-founder and chief scientist at Elliptic, said. Source
An innovation using the cellular network (GSM) could onboard millions of Bitcoin (BTC) users previously unreachable by the internet-dependent Bitcoin protocol. Built by South African developer Kgothatso Ngako, the new SMS-based service is named Machankura, a slang South African word for money. KG, as he’s known to his friends, spoke to Cointelegraph from Pretoria, South Africa, about his fascination with Bitcoin and the hope that Bitcoin via text will bring BTC to millions of Africans. Machankura, the #Bitcoin for feature phones service in Africa, is slowly growing. https://t.co/TZngXXVhu0 — Derek Ross…
The consumer price index (CPI) surged 8.5% in July on a year-over-year basis, though it was unchanged from the previous month, partly thanks to lower energy prices, a report by the Bureau of Labor Statistics showed. The annual figure compared with an average estimate of 8.7% in a survey of economists by FactSet. Source
SEOUL, South Korea – A European Union official told attendees at the Korea Blockchain Week conference in Seoul on Tuesday that the Terra collapse would have been impossible under the regulatory requirements laid out in the EU’s Markets in Crypto Assets (MiCA) bill. Source
“We believe that the use of RenBridge was part of the laundering process,” Tom Robinson, co-founder and chief scientist at Elliptic, told CoinDesk in an emailed statement, adding that the obfuscation and layering achieved by passing the assets through RenBridge aided in concealing the illicit origin of the funds. Source
Solana wallet provider Phantom said its systems were not compromised in the wallet exploit which saw hackers drain around $4 million. Source
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io We are MAKING Progress on our HOME CRYPTO MINING SHED! Today we are installing Sound Proofing Tiles to help keep down the GPU Mining Rig Noise from the Massive Airflow coming from the Intake and Exhaust. As well as preparing to install our Bitmain Antminer S19J Pro Bitcoin Miner, which is a BEAST! Enjoy today’s video as our seris on Building a Crypto Mining Shed and Farm from Home! 𝐏𝐚𝐫𝐭𝐬 𝐔𝐬𝐞𝐝 𝐢𝐧 𝐓𝐨𝐝𝐚𝐲’𝐬 𝐕𝐢𝐝𝐞𝐨 🔹X-Sense Interconnected Smoke and Carbon Monxide Detector 🔹X-Sense…
In the existing version, users interact through avatars, which they can personalize with virtual accessories. A marketplace called Zepeto Studio allows third parties – from small digital artists to global fashion brands like Gucci and Nike – to sell customized virtual accessories. In the four years since Zepeto launched, participants have purchased 2.5 billion of them. Source
Hardware maker Nvidia is ramping up its efforts to make a stand in the Metaverse. On Tuesday, the company revealed a new set of developer tools focused on metaverse environments, including new AI capabilities, simulations, and other creative assets. Creators utilizing the Omniverse Kit, along with apps such as Nucleus, Audio2Face and Machinima, will be able to access the new upgrades. Nvidia says one primary function of the tools will be to help enhance building “accurate digital twins and realistic avatars.” Quality of metaverse interaction is a hot topic in the industry,…
Nearly 13,000 Chinese social media accounts that allegedly promoted virtual currency investments were closed, the Cyberspace Administration of China recently revealed. In addition, some 51,000 social media posts with content relating to the marketing or promotion of investments in virtual currencies were removed. 105 Websites Shut Down A Chinese regulator, the Cyberspace Administration of China (CAC) reportedly said 12,000 “illegal user accounts” on Weibo and Baidu that promoted virtual currency investment have been closed. A further 989 Weibo, Tieba, and Wechat public accounts that encouraged internet users to invest in…