February 8, 2023 – Los Angeles, California Blockchain platform ReserveBlock has announced that its native asset will be listed on BitMart. The RBX market will open for trading on BitMart’s crypto exchange on February 8, 2023. The event follows recent listings on Bitrue and Deepcoin. RBX secures ReserveBlock’s open source network and used to validate the PoA (proof-of-assurance) consensus on the decentralized tokenization layer one protocol. Its listing on BitMart will make RBX available to a global audience while increasing access to ReserveBlock’s growing ecosystem. To mark the event, ReserveBlock…
Month: February 2023
Crypto Long & Short: Bitcoin's 'Golden Cross' Explained
This much talked about technical indicator has value, yet doesn’t tell the whole story. Source
A Pragmatic View of ChatGPT in a Web3 World
Companies such as Google with its model LaMDA, DeepMind with Sparrow, Anthropic with Claude and Stability AI with an open-source version of ChatGPT are likely to become relevant players in this market in a next few months. In the Web3 world, these models will power new experiences for how to author and interact with smart contracts, dapps, Wallets, decentralized finance (DeFi) protocols, NFTs and pretty much every area of the ecosystem. The era of language models in Web3 is here and ChatGPT is just the beginning. Source
A Hard Working Man – Blue Collar Pass
In 2022, the concept of nonfungible tokens (NFTs) faced criticism from those who questioned their utility. However, the team behind the “A Hard Working Man” (AHWM) digital collectibles project is eager to change that perception. In collaboration with Cointelegraph and Animal Concerts, the team behind the hit single “A Hard Working Man” — including Grammy-award-winning production duo The Avila Brothers — is releasing an NFT collection with real utility featuring hip hop icon Snoop Dogg and country music mogul Billy Ray Cyrus. Explore the collection here To add to the…
Deutsche Bank in Talks to Invest in 2 German Crypto Firms: Bloomberg
People familiar with the matter told Bloomberg that Stefan Hoops, the CEO of the division, known as DWS Group, has entered into negotiations to buy a minority stake in Deutsche Digital Assets, a provider of exchange-traded products, as well as trading firm Tradias, which is owned by leading securities trading bank and market maker, Bankhaus Scheich. Source
Bitcoin ATM Operator Coin Cloud Files for Bankruptcy With Liabilities of $100M-$500M
Coin Cloud was provided an unsecured loan of $100 million from Genesis Global Trading. Original
Cointelegraph launches the Top 100 list of crypto heroes and villains, 2023 edition
After a turbulent 2022 in the crypto sector, people are hoping for brighter times in 2023. For the fourth consecutive year, Cointelegraph is unveiling its list of the Top 100 most influential in the crypto and blockchain space, weighing the impact of 2022 and the potential ahead for 2023. Over the course of the next three weeks, Cointelegraph will release the list’s entries, starting from 100. DISCOVER COINTELEGRAPH’S TOP 100 IN CRYPTO AND BLOCKCHAIN 2023 The Top 100 comprises the 100 most impactful players in crypto and blockchain. Each entry…
FTX Bankruptcy Judge Allows Company to Subpoena Founder Bankman-Fried, Other ‘Insiders’
“The Movants are authorized under Bankruptcy Rules 2004 and 9016 to issue subpoenas to the any or all of the Insiders for the production of documents, electronically stored information, or tangible things, including those responsive to the Requests,” he wrote. Source
MATIC Moves to 10-Month High, ATOM Extends Recent Gains – Market Updates Bitcoin News
Polygon rose to its strongest point since last April, as prices rose by as much as 6% on Feb. 8. The token surged for a second straight session, after snapping a three-day losing streak on Tuesday. Cosmos also surged higher in today’s session, as it moved closer to recent highs. Polygon (MATIC) Polygon (MATIC) extended a recent rally on Wednesday, with prices jumping to a ten-month high. Following a low of $1.22 on Tuesday, MATIC/USD raced to an intraday high of $1.31 in today’s session. Today’s move saw MATIC/USD climb…
DeFi securitization of real-world assets poses credit risks, opportunities: S&P
Decentralized finance’s (DeFi) use case in traditional finance could grow in the coming years as new protocols attempt to support the securitization of real-world assets, according to a new research report from credit rating agency S&P Global Ratings. The financing of real-world assets, or RWAs, will likely be a key focus area for DeFi protocols moving forward, S&P said in a report titled “DeFi Protocols For Securitization: A Credit Risk Perspective.” Although the industry is still in its nascent stages, S&P highlighted several benefits DeFi could bring to securitization, including…