DAOs aren’t always the answer

As the decentralized finance (DeFi) ecosystem grows in size and influence, the question of how to best govern DeFi protocols has taken center stage. In crypto-native circles, decentralized autonomous organizations (DAOs) are far and away the most popular governance structures. DAOs are often touted as an all-in-one fix for everything from investor-manager alignment to regulatory risk. However, as a spate of well-publicized internal disputes and regulatory crackdowns has shown, DAO governance is not a panacea. Blockchain technology, especially trustless smart contracts and distributed ledgers, has created an unprecedented opportunity to…

How on-chain data can make you a better trader

In this week’s episode of Market Talks, Cointelegraph welcomes Miguel Morel, CEO of Arkham Intelligence — a blockchain intelligence company that has built a platform that provides information on real-world entities and individuals behind crypto market activity. In today’s discussion with Morel, we will explore how and why on-chain data is useful and perhaps some ways that technical traders should be using it. We will also talk about what might be next for the Ethereum network now that withdrawals are activated after the successful implementation of the Shanghai upgrade, and how on-chain…

Top Crypto Analyst Updates Outlook on Bitcoin (BTC) and Ethereum (ETH), Issues Warning on Exchange Coin

A widely followed crypto trader says Bitcoin (BTC) is showing signs of upward continuation after Ethereum’s (ETH) highly-anticipated upgrade. Crypto analyst Michaël van de Poppe tells his 653,200 Twitter followers that the crypto markets are in slow continuation after ETH initially dipped yesterday on the launch of the Shanghai upgrade. “Waking up after a massive crash on ETH after the Shanghai upgrade, it feels different. However, Bitcoin at $30,000 is a good sign. Slow continuation.” With ETH’s price dip yesterday being minimum and ETH currently up 4.07% in the last 24 hours,…

Amazon launches new Bedrock AI service to take on Google and OpenAI

Generative AI models such as ChatGPT have taken the technology world by storm as they threaten to permeate the mainstream. With the announcement of Bedrock, it’s clear that Amazon’s ready to go all-in just as big tech competitors Microsoft and Google have. Bedrock will allow AWS users to build out generative AI from foundation models (FMs) — GPT-4 would be an example of such a model with ChatGPT being a generative AI application built on top of it. Build & scale your #GenerativeAI apps with Amazon Bedrock. ☁️ Learn how…

ETHGlobal Hackathon Kicks Off in Tokyo With First Ever Pragma Summit – Bitcoin News

As previously announced by ETHGlobal, the first-ever Pragma summit kicked off the wider ETHGlobal Tokyo hackathon on Thursday as a “hub for high-quality talks and as a forum of discussion for builders and leaders from the Ethereum ecosystem and beyond.” The event, emceed by Kartik Talwar of ETHGlobal, featured on-stage interviews with Aya Miyaguchi of the Ethereum Foundation, Juan Benet of Protocol Labs, The Network State author and bitcoin proponent Balaji Srinivasan, and Stani Kulechov of Aave Companies. Product announcements were also made by several featured speakers. First-Ever ‘Pragma’ Summit…

Gemini files for pre-registration undertaking in Canada

On April 12, cryptocurrency exchange Gemini announced it filed a pre-registration undertaking with the Ontario Securities Commission (OSC), which oversees capital markets in Canada’s most populous province. The undertaking is a prerequisite to becoming a restricted dealer in Canada and is necessary for all cryptocurrency exchanges wishing to conduct business in the country. Cynthia Del Pozo Garcia, Gemini’s director of strategy and corporate development, wrote: “As one of the most important and developed markets in the Americas, Canada has played an essential role in Gemini’s international expansion.” According to Del…

Privacy-Preserving Payments Shouldn’t Be ‘Niche’, Monero Contributor Justin Ehrenhofer Says

Justin Ehrenhofer, the vice president of operations at Cake Wallet, is one of the most prominent Monero backers. He found the monero cryptocurrency, XMR, after developing an interest in cryptography and online data security, while growing up gay in the not-always-friendly Midwest. He’s one of the sharpest minds on Crypto Twitter regarding privacy, and is a board member for an organization that pays grants to people maintaining public payments systems. Source