On March 8, the U.S. government moved 49,000 Bitcoin worth $1 billion seized from the Silk Road. The transfer was accompanied by Bitcoin’s (BTC) price slipping below $22,000, as well as a noticeable spike in a key holder metric. But does this mean that traders should brace for potential BTC price volatility ahead? Bitcoin’s CDD metric suddenly spikes The BTC transfer likely caused a significant spike in Glassnode’s Coin Days Destroyed (CDD) metric. It measures the weighted movement of Bitcoin based on the time it was last moved from an…
Day: March 8, 2023
India’s Crypto Businesses Handed Anti-Money Laundering Obligations for First Time
“Looks like VDA [virtual digital asset] services providers are now effectively categorized as `reporting entities’ under the PMLA,” said Sumit Gupta, co-founder and CEO of crypto exchange CoinDCX. “We have been voluntarily conducting these compliances for a while now, but happy to see that this has now been made into law.” Source
AXA Investment Managers Gains French Crypto Registration
Crypto firms are in a race to pass the governance and money laundering checks monitored by the French financial market authority as new EU rules bed in. Source
Blog: Why addressing AI-driven discrimination is so important
08 March 2023 For International Women’s Day, Sophia Ignatidou, Group Manager for AI and Data Science, discusses how bias can arise in AI, the importance of addressing AI-driven discrimination and how we can all work towards equity in these systems. Her blog also appears on the International Women’s Day website. As a woman who also became an immigrant, the concepts of equity and inclusion have always been close to my heart. My career began as a journalist, working for newspapers across both Greece and the UK. I wanted to have…
AI Blockchain Talk with Ihor Kubalskyi, founder of AI Firm QBEIN
The evolution of the blockchain ecosystem over the past years has been intriguing and so has the growing integration into the new industry by other technology, especially AI. Should it be observed more keenly, both blockchain and AI are closely related with each enhancing the other’s overall functionalities. Despite this, there exists a high level of uncertainty about what the future holds. Coinspeaker had the privilege of speaking with QBEIN Founder, Ihor Kubalskyi, one of the top innovators working at the intersection of both industries. Here is the excerpt of…
Jack Dorsey’s Block seeks feedback on its bitcoin mining kit
Jack Dorsey’s Block is calling on members of the public to give feedback concerning the features they want in its open-source silicon-based bitcoin (BTC) mining hardware system under development. Nearly two years after announcing plans to launch its bitcoin mining hardware, Jack Dorsey’s Block says it has been hard at work building a team to explore its bitcoin mining project. Finally, it has now kicked off the process of building its own BTC mining semiconductor chips. Per a blog post by the company, its application-specific integrated circuits (ASICs) miners will…
Three Arrows-Backed Crypto Liquidity Protocol Rook Surges 23%
Liquidity protocol Rook has experienced a surge in activity with its token rising by 23% on speculation that Three Arrows Capital founders Zhu Su and Kyle Davies have completed a fundraise for the bankruptcy-claims exchange. Source ArrowsBackedCryptoLiquidityProtocolRookSurges CryptoX Portal
The metaverse ushering in the next generation of mental health care services
The healthcare industry, like many other industries, has begun implementing Web3 technologies to serve those in need better. Now healthcare services are even showing up in the metaverse, specifically for those seeking mental health care. Cointelegraph spoke with two executives of the metaverse peer-to-peer mental health support group program Innerworld, about how the metaverse can change the next generation of mental health care services. Connectivity is a trait inherently built into virtual environments, as is the ability to connect with more anonymity via the use of avatars and usernames. Noah Robinson, the…
POLKADOT SIMPLIFICADA UMA BREVE EXPLICAÇÃO DO BLOCKCHAIN DE PRÓXIMA GERAÇÃO PT
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io POLKADOT SIMPLIFICADA UMA BREVE EXPLICAÇÃO DO BLOCKCHAIN DE PRÓXIMA GERAÇÃO PT Polkadot is a … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Three Arrows-Backed Liquidity Protocol Rook Surges 23%
Liquidity protocol Rook has experienced a surge in activity with its token rising by 23% on speculation that Three Arrows Capital founders Zhu Su and Kyle Davies have completed a fundraise for the bankruptcy-claims exchange. Source