Month: March 2023

A third of US crypto holders have experienced theft: Report

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Cybersecurity services provider Kaspersky has released a report on risks associated with cryptocurrency use. The report  titled “Crypto Threats 2023” focused on the United States and uncovered some surprisingly poor user security habits.  Kaspersky surveyed 2,000 American adults in October 2022 and found that 24% of respondents overall owned cryptocurrency or digital assets. Ownership ranged from 36% in the 25-44 age category to 10% among those aged 55 or older. A third of the crypto owners surveyed reported having crypto stolen and an equal portion reported being victims of scams.…

Unstoppable Domains to Roll Out Web3 Messaging Service on Polygon

Sandy Carter, chief operating officer and head of business development at Unstoppable Domains, told CryptoX that its latest messaging service is another step in the company’s mission of fostering Web3 identity and bringing builders together through a Web3 native communication tool that also ensures privacy, a vital feature for sensitive discussions as projects develop. Source DomainsMessagingPolygonRollServiceUnstoppableWeb3 CryptoX Portal

XRP Surges to Strongest Point Since November – Market Updates Bitcoin News

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Xrp moved to its highest point since November, as markets reacted to news suggesting a verdict could be near in Ripple’s case with the Securities and Exchange Commission (SEC). Cardano was also higher on Wednesday, hitting a one-month high. XRP rose to its highest point since November, as markets continued to react to the latest news surrounding Ripple’s case with the SEC. Following a low of $0.4199 on Tuesday, XRP/USD raced to an intraday high of $0.4914 earlier in today’s session. This is the strongest point that the token has…

Goldman Sachs Reportedly Testing AI despite Recent Pushback in Banking Sector

Leading bank Goldman Sachs has deployed ChatGPT-like AI products for developers to experiment with code development. Goldman Sachs (NYSE: GS) is reportedly using in-house artificial intelligence (AI) to assist developers with writing code. A top executive at the New York-based banking giant revealed this to the public. According to Goldman Sachs chief information officer Marco Argenti, the AI development is currently in a “proof of concept” stage. Argenti further stated that Goldman Sachs’ generative AI tools experiment is not yet ready for production. However, the development of Goldman Sachs AI testnet…

Crypto Game Aavegotchi to Build Custom Blockchain Using Polygon Tech

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Bitwise launches new bitcoin-linked ETF

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Bitwise has launched the Bitwise Bitcoin Strategy Optimum Roll ETF (BITC) to offer long-term investors regulated exposure to bitcoin (BTC). The US Securities and Exchange Commission (SEC) has not approved any spot bitcoin ETF.  Barely four months after signaling plans to expand its fund offerings and assembling its active strategies team of industry experts led by Jeffrey Park, Bitwise, one of the world’s largest crypto asset managers, has launched a new type of bitcoin futures ETF dubbed the Bitwise Bitcoin Strategy Optimum Roll ETF (BITC). Per a press release by…

‘Get comfortable with discomfort’ for Web3 success: PBW 2023

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The metaverse continues to be a hot topic in the Web3 space, as a group of industry professionals took to the Venus de Milo stage at Paris Blockchain Week 2023 to discuss the future of digital reality.  In the panel “Metaverse Regulation: Dos and Don’ts,” the group discussed how regulators around the world might interpret what goes on in the metaverse, along with how businesses should navigate their entrance into digital reality. Lawyer and founder of Jacob Avocats Julie Jacob said she sees privacy, regulation, and ethical standards as having…

Web3 Community Management Platform TYB Joins Shopify App Store

“We want to bring TYB to brand communities, and it’s very simply a tool that allows brands to directly connect with, prompt and engage their communities,” said Teubner. “The Shopify component is really closing the loop on allowing the brand community members to redeem their collectibles for cool perks.” Source AppCommunityJoinsManagementPlatformShopifyStoreTYBWeb3 CryptoX Portal

Vladimir Putin Says Russia Wrote Off African Countries’ Debts Totaling Over $20 Billion in 2022 – Africa Bitcoin News

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African countries’ debts totaling more than $20 billion were written off in the past year, Russian President Vladimir Putin said on March 20. Putin also revealed that trade between Russia and Africa had nearly reached $18 billion by the end of the year. According to the Russian leader, the majority of the world is opposed to the West’s “neo-colonial” ideology. Putin Wants Trade Between Russia and Africa Bolstered According to Russian President Vladimir Putin, in 2022 Moscow wrote off debts of African countries that totaled over $20 billion. During the…

Traditional banks rely on ‘tiny buffer’: Paris Blockchain Week 2023

The first day of Paris Blockchain Week (PBW) is bringing more thoughts on the ongoing crisis in the global banking system, with industry executives comparing the collapses of major cryptocurrency firms like FTX with the fall of banks like Silicon Valley Bank (SVB). On March 22, PBW hosted a panel discussion titled “FTX, Luna, Celsius, 3AC: From Hero to Zero,” bringing together industry executives from the blockchain venture firm Node Capital, crypto-friendly SIX Digital Exchange, Delta Growth Fund and crypto liquidity provider Woorton. The panel took place on PBW’s Mona…