Bitcoin (BTC) Lightning Network development firm Lightning Labs unveiled a new set of tools for artificial intelligence to send and receive BTC on the network’s layer-2 solution. On July 6, Lightning Labs announced the toolkit which helps enable AI applications such as OpenAI’s ChatGPT to interact with the Bitcoin network to send, receive and hold the cryptocurrency. The move is to help make payments faster, cheaper and easier for AI developers who will be able to distance themselves from traditional and often prohibitive payment rails while also enabling pay-per-use AI…
Month: July 2023
Changpeng Zhao Calls Exec Departures “FUD”
“More FUD about some departures. Yes, there is turnover (at every company). But the reasons dreamed up by the “news” are completely wrong,” CZ tweeted. “As markets and the global environment for crypto changes, as our organization evolves, and as personal situations change, there is turnover at every company.” Source
Bitcoin Price Whales Are Increasing, but BTC Sent to Crypto Exchanges Continues to Fall. What Does the Trend Mean?
ETH, the second largest crypto in market value, was recently changing hands at $1,853, a 3.1% drop from Wednesday, same time. Most other major cryptos plunged deeply into the red before regaining some ground. Litecoin and popular memecoin SHIB were still off more than 6% and 3%, respectively. SOL, the token of the Solana blockchain soared over 11% at one point and was still up more than 4%. The CoinDesk Market Index, a measure of crypto markets overall performance, was recently down 1.7%. Original
SolSea to mint NFTs to promote Coca-Cola Serbia brand
EXIT Festival and SolSea have teamed up for a collaborative effort where SolSea will supply merchandise and develop non-fungible tokens (NFTs) showcasing the branding of Coca-Cola Serbia. The joint venture aims to offer attendees of the annual summer music event in Novi Sad, Serbia, an exclusive opportunity to acquire NFTs and merchandise throughout the festival from July 6 to 9, 2023. SolSea partners with EXIT Festival, Coca-Cola Serbia EXIT Festival, Coca-Cola Serbia, and SolSea have recently joined forces in a collaboration that merges physical and digital elements. This partnership aims…
Circle launches beta test of wallet-as-a-service for developers
Circle, the company behind the second-largest stablecoin USDC, has announced the beta testing of a new service enabling developers to integrate web3 wallets into their applications. USDC stablecoin issuer, Circle, has initiated a wallet-as-a-service program targeted at developers. The innovative service provides a platform for developers to integrate web3 wallets seamlessly into their applications, boasting a user-friendly design. The wallets have interoperability with any blockchain, thus broadening users’ accessibility to a spectrum of web3 digital assets like non-fungible tokens (NFTs) and cryptocurrencies. We quietly released the first major milestone of…
Kraken Co-Founder Jesse Powell Under Federal Investigation on Claims of Hacking, Cyberstalking Non-Profit
Last month, Powell sued Verge in California Superior Court, claiming that has “owns and has rightful access” to the email accounts and that he remains a Verge board member, Fox said. A lawyer for Verge said the Powell’s claims were unfounded, The Times reported. At the time of publication, Verge had not responded to a CoinDesk request for comment. Source
Blur v2 slashes gas fees by 50%, adds trait bidding feature
Blur, the non-fungible token (NFT) marketplace, has introduced the second iteration of its platform, tagging two notable improvements. The platform introduced enhancements by has slashed gas fees by 50%. At the same time, they have added trait bidding. Following this update, individuals who had placed bids on Blur v1 must resubmit them on Blur v2. Blur v2 release According to Blur, the first update introduces trait bidding, allowing traders to earn additional points by placing bids on specific traits within selected collections. 1/ Blur v2 is live! Two BIG updates:–…
FBI searched Kraken co-founder’s home in March: Report
The United States Federal Bureau of Investigations (FBI) reportedly searched the home of Kraken co-founder Jesse Powell in March as part of an investigation into claims he hacked and cyber-stalked a nonprofit arts group. It is claimed that Powell interfered with computer accounts by blocking access to emails and other messages from contributors of Verge Center for the Arts — the non-profit Powell founded, according to a July 6 report from The New York Times, citing three people with knowledge on that matter. The F.B.I. searched the home of the…
Crypto Exchange Binance Lists Hot Ethereum Altcoin Project That’s Up 110% This Month
A soaring altcoin project built on Ethereum (ETH) is picking up support from Binance, the world’s largest crypto exchange by volume. Binance recently announced the listing of Pendle (PENDLE) in their Innovation Zone. The platform allows for spot trading pairs with Bitcoin (BTC), PENDLE/BTC, Tether (USDT), PENDLE/USDT, and TrueUSD (TUSD), PENDLE/TUSD. Binance’s Innovation Zone is a dedicated trading space for crypto assets that could be more prone to rapid price swings. Pendle is a tokenized decentralized finance (DeFi) yield-trading protocol that enables investors to purchase assets at a discount and…
Is Justin Bieber’s Ape Really Worth $59,000? How to Value NFTs Using Rarity, Floor Price
“Rarity traits refer to unique characteristics of an NFT, such as limited edition releases, exclusive features or special attributes,” Oliver Cohen, president of NFT analytics tool Inspect, told CoinDesk. “These traits contribute to the perceived scarcity and desirability of an NFT, which can affect its value.” Source