The Federal Reserve chairman is in the Senate testifying on the economic situation on Tuesday morning. Original
Bitcoin Price Slides to $22K as Powell Warns on Inflation
Day: March 7, 2023
Getty Images to Release Photography NFTs with Candy Digital
Getty Images is gearing up to launch new photography NFTs to individual collectors. Through its partnership with Candy Digital, the visual content creator, Getty Images, will turn photographs from its 1970s music and culture collection into NFTs. The new collection follows a partnership forged between Getty Images (NYSE: GETY) and Candy Digital in May 2022. At the time, the CEO of Candy Digital, Scott Lawin, argued that the partnership will “creatively bring these iconic and rare photographs from the last two centuries to life for people to experience and collect…
Alameda Research Sues Grayscale Investments Seeking to Unlock Billions in Value for Shareholders – Bitcoin News
FTX Debtors and affiliate Alameda Research Ltd. have filed a lawsuit against Grayscale Investments, seeking injunctive relief to unlock $9 billion in value for shareholders of the Grayscale Bitcoin and Ethereum Trusts. The debtors allege that “Grayscale has extracted over $1.3 billion in exorbitant management fees in violation of the trust agreements.” FTX Debtors Accuse Grayscale of Exorbitant Management Fees and Breach of Trust Agreements In a press release issued March 6, 2023, FTX debtors and Alameda Research, the company’s now-defunct quantitative trading firm, announced that Alameda is suing digital…
14 Web3 marketing strategies that can increase exposure and consumer trust
Web3 has its share of high-profile influencers who have opened the door to consumer and business interest in the industry. While this creates a tide that can help raise the profile of all companies in the space, eventually a Web3 brand will need to find a way to stand out and stand on its own two feet. Traditional marketing methods like thought leadership, social media outreach and working for earned media coverage can all be leveraged by Web3 companies, but it’s also wise to lean into the space’s unique strengths,…
Salesforce Partners with OpenAI to Launch Einstein GPT AI to Rival ChatGPT
Salesforce is planning to launch Einstein GPT with OpenAI to offer all users and organizations generative services improved by AI. American cloud-based software company Salesforce (NYSE: CRM) has joined a growing list of companies entering the AI (artificial intelligence) space. Salesforce has partnered with Open AI and is set to launch Einstein GPT to support its software business. Speaking during a press briefing, Salesforce general manager Clara Shih says that the potential use cases for Einstein GPT are enormous. According to Shih, all aspects of the Salesforce business will enjoy improved…
DeFi Protocol Tender.fi's TND Token Plunges Then Rebounds After White Hat Hack
CryptoX – Cryptocurrency Analysis and News Portal A white hat hacker borrowed $1.59 million in assets despite depositing one GMX token. Source The post DeFi Protocol Tender.fi's TND Token Plunges Then Rebounds After White Hat Hack appeared first on CryptoX. CryptoX Portal
Binance adds 11 tokens to PoR, claims $63B in reserves
According to an announcement on Mar. 7, cryptocurrency exchange Binance has added an additional 11 tokens to its proof-of-reserves (PoR) report. These include MASK, ENJ, WRX, GRT, CHR, CRV, 1INCH, CVP, HFT, SSV, and DOGE. With the latest update, Binance says it now has over $63 billion across 24 assets in its proof-of-reserves system. The largest assets on the exchange include Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), with $12.7 billion, $7.1 billion, and $16.3 billion in net customer balances, respectively. Although exchanges have begun adopting the PoR method for…
7 blockchain project ideas for women
Blockchain projects not only create new jobs and spur female entrepreneurship but also enhance women’s rights and other opportunities depending on the specific use case of the project at hand. Projects aimed at gender-based violence prevention, financial inclusion, supply chain transparency, land ownership and women’s rights protection are all ideas to support women globally. Moreover, more holistic platforms aimed at female education and entrepreneurship may be good ways to empower women via decentralized infrastructure. Preventing gender-based violence Various blockchain project ideas for beginners may already set a woman’s personal development…
TeraWulf Kickstarts Bitcoin Mining at Nautilus Cryptomine Facility with 8,000 Rigs
TeraWulf is currently on an aggressive expansion and is planning to have a total operational capacity of 50,000 miners (5.5 EH/s) in early Q2 2023, which is nearly 160MW of power demand. US-based Bitcoin mining firm TeraWulf recently inaugurated a new crypto-mining facility in Pennsylvania that solely runs through on-site nuclear power generated. In a statement on Monday, March 6, TeraWulf stated that the Nautilus Cryptomine facility is the first “Behind the meter” Bitcoin mining facility. It means that it directly uses the energy generated on-site instead of getting it…
Zero hot take — Web3 Gamer – Cointelegraph Magazine
In this inaugural edition of Cointelegraph’s monthly Web3 gaming column, we highlight some of the top stories and events in the blockchain gaming space over the past few weeks, as well as upcoming releases. Fortnite player sells Dookey Dash prize It has been a little over a month since NFT behemoth Yuga Labs, the company behind Bored Ape Yacht Club (BAYC) and other top NFT collections, rolled out the skill-based game and NFT mint, Dookey Dash. Sent on a quest by a dog called Gary, players have to navigate through…