Day: March 9, 2023

Why is XRP price up today?

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XRP price extended its gains on March 9, rising around 1.5% to $0.40, despite a general downturn in the cryptocurrency market.   XRP price four-day winning streak The rally in the XRP/USD pair started on March 5 with the XRP market capitalization gaining over 10% in the past four days. XRP/USD daily price chart. Source: TradingView In contrast, the entire crypto market’s cap has dropped by about 5% in the same period, with top coins Bitcoin (BTC) and Ether (ETH) losing by 4.5% and 4%, respectively. Ripple scores early win versus SEC …

AI-Focused ZK Layer 2 Blockchain CryptoGPT to Issue GPT Token Friday

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Mirror Launches New Feature to Empower NFT Creators

Mirror, a platform designed as a mainstream publishing outfit for Web3.0 innovators has launched its latest product dubbed “Subscribe to Mint.” As announced by the firm, the new feature is designed to help expand Mirror’s hallmark web3-native publishing features like Web3 Subscriptions and Writing NFTs to make it an even more powerful tool for creators and their projects. Subscribing to Mint will enable creators to gather to harness existing tools on Mirror, affording them the luxury to compose with Writing NFTs. The idea behind the Mirror protocol is to enable…

Audius Implements NFT-Gating for Exclusive Artist Access

“A big focus of Audius from day one is enabling deeper connections and deeper interactions between the fans and the artists directly,” Forrest Browning, chief product officer and co-founder of Audius, told CryptoX. “In the future there will be many other ways that you could demonstrate to an artist that you’re a superfan, but if you purchase one of their NFTs that feels like a fairly strong signal.” Source accessArtistAudiusExclusiveImplementsNFTGating CryptoX Portal

10 ways communities can attract Web3 businesses to set up shop

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Local communities are always in the business of attracting businesses. A diverse foundation of companies in a region brings many things with it, including new residents, higher tax receipts, and more and better educational, recreational and health amenities. Forward-looking communities may well be looking for ways to become magnets for the next generation of tech businesses, including blockchain and crypto firms. As pioneers in the space, the members of Cointelegraph Innovation Circle know exactly what the industry’s entrepreneurs are looking for. Below, they share 10 tips to help community leaders…

Bitcoin price levels to watch as trader says ‘lights out’ below $21.6K

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Bitcoin (BTC) rested at multi-week support at the March 9 Wall Street open as concerns over a deeper BTC price drop increased. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Trader: $19,700 “on the table” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $21,800 on Bitstamp. With $22,000 in danger of flipping from support to resistance, popular trader Pentoshi was among those warning that further undoing of support may come next. “We made it. Best r/r currently however not a fan of the slow bleed. Would have liked a…

Banks with crypto services require new Anti-Money Laundering capabilities

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The new year began with the news that notable Web3 entrepreneur Kevin Rose fell victim to a phishing scam in which he lost over $1 million worth of nonfungible tokens (NFTs).  As mainstream financial institutions begin to provide services related to Web3, crypto and NFTs, they would be custodians of client assets. They must protect their clients from bad actors and identify whether client assets have been obtained through illicit activities. The crypto industry hasn’t made it easy for Anti-Money Laundering (AML) functions within organizations. The sector has innovated constructs…

Alameda Research to Sell Sequoia Interest to Abu Dhabi Sovereign Wealth Fund for $45M in Cash

FTX’s sister trading firm Alameda has agreed to sell its interest in Sequoia Capital to a UAE-based entity.  Alameda Research appears set to sell its interest in Sequoia Capital to Abu Dhabi for $45 million. According to a recent report, the FTX sister trading firm agreed to sell the Sequoia stake to the Abu Dhabi sovereign wealth fund in cash. A March 8th United States Bankruptcy Court for the District of Delaware document detailed the sale agreement between Alameda and Abu Dhabi. Part of this filing read: “[FTX] decided to enter into the Agreement…

$54B fund partner runs women-only DAO, LatAm blockchain gaming guild – Cointelegraph Magazine

Clara Bullrich must have cloned herself or possibly invoked dark forces that shouldn’t be meddled with. Somehow, she’s managed to cram about four careers into one life. Her main gig is leading her own financial entity, AlTi, managing a whopping investment fund, which grew to $54 billion under management following a recent merger. That’s a big enough job in itself. A member of Women in Blockchain, she also runs a women-only DAO, Komorebi, that concentrates on funding female and non-gender-specific projects. “I’ve seen in crypto that there’s very few women,…