Ripple has continued to sell XRP only in connection with its international transaction product. Source
Ripple Sold $336M Worth of XRP Tokens in Q1, Reports Strong XRPL Growth
Day: April 28, 2023
Bitcoin (BTC) Ending Week on Positive Note
Despite some volatility in price, bitcoin has risen 7% in the past seven days, trading in a range of between $27,000 and $30,000. The world’s largest cryptocurrency by market value rose 1.2% over the last 24 hours to $29,307. Some analysts say instability in traditional banks has helped bitcoin, which is seen as an alternative to traditional finance. One troubled bank is San Francisco-based First Republic Bank (FRC), whose shares dropped 50% on Tuesday after it revealed its deposits fell by $100 billion in the first quarter. That comes as…
Findora Launches dApp Transaction Privacy-Focused Triple Masking SDK
Innovative Layer-1 blockchain Findora has introduced a Triple Masking SDK privacy-preserving solution for Web3. Findora has launched a Web3-focused Triple Masking SDK for developers to easily integrate zero-knowledge (ZK) proofs into their decentralized applications (dApps). According to the programmable privacy-enabled public blockchain, the Findora Triple Masking ZK SDK also enhances user transactions. For instance, users can now transact privately while remaining auditable and have multiple options regarding masked or transparent information. Describing the development as a Web3 universal privacy-preserving solution, Findora added that the Triple Masking SDK offers plug-and-play privacy for…
Systemic Swiss Banks Not Ready for Crisis, Regulator Says – Finance Bitcoin News
Switzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The assessment refers to a period prior to the rescue of Credit Suisse by UBS when the authority viewed the troubled giant’s preparedness in positive terms. 2 Swiss Banks Unable to Implement Recovery Plans, Finma Finds The Swiss Financial Market Supervisory Authority (Finma) considers insufficient the crisis plans of two of Switzerland’s main banks, Reuters reported. The regulator is not certain if Zürcher Kantonalbank (ZKB) and Postfinance will be manage to…
How HODLers can become changemakers and drive adoption
If Bitcoin (BTC) were a country, it might be one of the biggest in the world. That’s according to Jeff Booth, general partner at Bitcoin venture fund Ego Death Capital and author of “The Price of Tomorrow.” Cointelegraph spoke to Booth to better understand–and visualize–the state of the Bitcoin movement in 2023. Booth sat down to enjoy a pint and a chat about Bitcoin in Bedford, a small suburban town that has attracted Bitcoin advocates and key opinion leaders from all over the world. Booth commented on the emergence and resilience…
ChatGPT, Midjourney, other AI tools to make their way into EU legislation
Controversies around artificial intelligence (AI) and its use of copyrighted material have been popping up around the web left and right after a major uptick in the use of the technology for content creation. Legislators in the European Union have responded to the growing usage of AI in a vote on April 27, which pushed forward a draft of a new bill designed to keep the technology and companies developing it in check. Fine details of the bill will be finalized in the next round of deliberations among legislatures and…
On Binance, Number of Bitcoin Held Surges to Record High of 692K BTC
Data tracked by blockchain analytics firm Glassnode shows the balance held in Binance’s wallets has increased by over 52,000 BTC ($1.5 billion) in four weeks, taking the tally to 692,880 BTC. The global tally (coins held on all centralised exchanges) has increased by over 27,000 BTC. Original
a16z and Others Invest $100M in AI Startup Pinecone in Series B Funding
The investment from a16z is a strong vote of confidence in Pinecone’s technology. California-based AI startup, Pinecone has received a $100 million investment from venture capital firm Andreessen Horowitz (a16z) in its series B funding. The round also featured ICONIQ Growth, Menlo Ventures, and Wing Venture Capital. Following the investment, the company now has a market valuation of $750 million. With the investment, the vector database company will expand its team and improve its database further. Gaining Ground Pinecone creates vector databases that serve as long-term memory for AI models.…
Hamas' Military Wing to Stop Accepting Bitcoin Donations: Report
The Izz ad-Din al-Qassam Brigades reportedly said the move is to protect donors from harm. Source
CyberConnect Community Token Sale & Registration on CoinList Announced
The CyberConnect CYBER token initial coin offering takes place on CoinList on May 18th, three days after the registration deadline. CoinList recently announced the registration and sale of its CyberConnect Community tokens would soon be underway. In a blog post, the digital currency exchange said the sale of the user-empowering decentralized social network’s tokens begins on May 18th. The deadline for registration would be three days earlier on May 15th. Priced at $1.80 per token, the CYBER tokens have an initial supply of 3,000,000 tokens, with an additional 2,000,000 that can…