Month: June 2023

Binance CEO Refutes Claims of Exchange Selling Bitcoin to Stabilize BNB Price

Several market analysts, including Dylan LeClair and Cory Klippsten, CEO of Swan Bitcoin, have voiced concerns about Binance’s alleged activities in manipulating the market. Following the recent United States Securities and Exchange Commission (SEC) lawsuit against Binance Holdings Limited and Binance.US, the American arm of the largest global crypto exchange, on June 5, the company’s US market share has dwindled significantly to around 78% as market makers and traders flew the exchange due to the regulatory pressure in the country. Amid these challenges, Binance CEO Changpeng Zhao (CZ) has refuted…

Elon Musk fires back at Apple over bitcoin app removal

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a fiery Twitter exchange that took place recently, tech titan Elon Musk responded to the imminent removal of the bitcoin (BTC) tipping app Damus from Apple’s App Store. The social media platform Damus, backed by former Twitter CEO Jack Dorsey, received a warning from Apple to fall in line with the company’s guidelines or face expulsion. Musk’s response on his Twitter criticizes Apple: If Apple competes against the whole world, Apple will have the whole…

Bitcoin on-chain metrics send mixed signals amid market volatility

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) faces mixed sentiments amid the consolidation below $28,000. Glassnode shared intriguing insights into bitcoin’s on-chain activity, shedding light on two key metrics offering valuable market sentiment and price movement indicators. In a tweet earlier today, Glassnode called attention to the BTC number of addresses in the Loss indicator. The platform noted that the indicator has surged to a four-month high of 17,168,229. This metric is derived by calculating the average number of bitcoin addresses…

US Treasury secretary believes CBDCs should be confidential

Assistant Secretary for Financial Institutions at the US Treasury Graham Steele spoke at a Texas conference about digitizing financial services. He focused on Central Bank Digital Currencies (CBDCs) and discussed their potential and consequences. Steele, who oversees banking, credit unions, insurance, consumer protection, capital access, and cybersecurity policies, acknowledged the trend of digitizing financial services. He highlighted computing power and connectivity advancements as driving forces behind this shift. Steele emphasized the need to consider the financial industry’s new digital risks and opportunities. He delved into significant developments such as CBDCs,…

Top 7 IT certifications in demand

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In today’s tech-driven world, certain IT certifications are highly sought-after. The top seven in-demand IT certifications are CISSP, PMP, CCSP, CDP, CCNP, CEH and AWS Certified Solutions Architect. Obtaining these certifications can open doors to lucrative career opportunities. These certifications cover a variety of specializations, including data management, networking, information security, project management, cloud security and ethical hacking. These credentials not only confirm your abilities and knowledge but also increase your marketability and open doors to rewarding employment opportunities with competitive salaries. By obtaining these in-demand credentials, one can stay ahead…

AI-Backed Crypto Data Platform Mnemonic Raises $6M in Salesforce-Led Round

“We initially started with the idea of just enabling developers, enterprises and businesses to build with comprehensive, real-time, high-quality data that is derived from the blockchain because it’s very difficult to index and process that data.” Andrii Yasinetsky, Mnemonic co-founder and CEO, said in an interview with CoinDesk. Yasinetsky, a veteran of Google and Uber who holds several patents related to self-driving vehicle technology, co-founded Mnemonic with Chief AI Officer Elena Ikonomovska (a former Reddit data scientist) and Ben Metcalfe, who is not involved in the startup’s day-to-day operations. Source

Blockchain Australia Denounces Recent Banking Restrictions on Crypto Payments

“The recent decision by banking institutions to restrict millions of their customers from making payments to cryptocurrency exchanges represents a profound curtailment of economic freedom in Australia,” said Jackson Zeng, director of Blockchain Australia. “Every individual has the inherent right … to make decisions on how and where to use their finances … The principal role of banks is to facilitate these decisions, not to impose restrictions upon them.” Source link