The company’s ChatGuardian is designed to be as “safe as possible” and will allow kids to play and interact with their Cryptoys NFT, while allowing parents to filter and control the conversations. Source
“My philosophy has been ‘meet artists with where they’re at,’” said Greenstein, discussing onboarding new creators to Web3. “Ultimately, once they get their music collected and get paid out instantly, that’s the dopamine effect that goes ‘whoa, I just returned 100% of my revenue, this company didn’t take anything from me, and I own the relationship with my artist with with my listeners’ – that is super, super powerful.” Source
“DeepBook provides the essential financial foundation for every DeFi tool built on Sui,” said Greg Siourounis, managing director of the Sui Foundation. “Combined with the scalability and composability built into the Sui Network, DeepBook offers developers the chance to build applications that are simply not possible on other networks.” Source
Crypto crimes are raking in far less revenue this year due to a dry-up among hacks and scams, according to Chainalysis. Source
COIN-listed options saw open interest climb 14.6% to 953,393 contracts on Tuesday, data shows, a level much higher than the 52-week average of 812,568 contracts. In addition, the put-call ratio decreased by 6.1% to 1.2 in the last five days, suggesting a bullish outlook for COIN among traders. Source BullishCoinKeyMediumTermMetricsoutlookStockTrader CryptoX Portal
The U.S. inflation rate as measured by the Consumer Price Index (CPI) slipped to 3.0% on a year-over-year basis in June from 4.0% in May, according to the Bureau of Labor Statistics (BLS), and versus expectations for a dip to 3.1%. On a monthly basis, the CPI was higher by 0.2% in June versus 0.1% in May and expectations for 0.3%. Source
The latest price moves in bitcoin (BTC) and crypto markets in context for July 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original
Coinbase has missed out on “a significant portion of the cryptocurrency market’s upside” and is expected to join this move later, one trader said. Source
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On-chain data shows that bitcoin (BTC) has entered the accumulation phase over the past few months despite the high price fluctuations. According to data provided by Glassnode, the number of bitcoins on exchanges has been constantly falling since May and recently plunged to 2.2 million coins, marking a five-year low. The BTC balance on exchanges is currently worth $69 billion. The movement shows that investors are transitioning their assets to non-custodial wallets, addressing long-term investments. Moreover,…
The much-anticipated Quantum Leap upgrade by layer-2 scaling protocol Starknet was recently deployed on the Ethereum mainnet, allowing for as much as 90 transactions per second (TPS), boosting the network’s speed. MOARRR TPS DADDY STARKNET MAINNET QUANTUM LEAP 0.12.0 LIVE ON MAINNET pic.twitter.com/RaI1XKcgy7 — Starknet (@Starknet) July 12, 2023 According to Uri Kolodny, the co-founder and CEO of StarWare, this is a momentous day for the Ethereum blockchain as the scaling ceiling has been “smashed.” He explained that “high TPS is finally a reality on Ethereum Mainnet” because of the…