“Members also discussed the presidency note that India had prepared and noted that it would be an important input towards prioritizing areas of work essential for achieving a comprehensive cohesive and coordinated global policy and regulatory framework,” said Sitharaman. Source
Providing insurance for the specialized equipment used to mine bitcoin might seem similar to the straightforward type of property-risk cover for data centers and the like, said Evertas CEO J. Gdanski. But a lingering fear of crypto generally, combined with several variables that affect the value of mining rigs, make it a poorly understood risk, Gdanski said. Original
Moons (MOON), the native token of Reddit’s r/CryptoCurrency community of over 6.5 million users, has chalked up a triple-digit percentage price gain this week. One analyst cited Reddit’s recent change in terms of service as a possible reason for the impressive price rally, which has seen MOON’s price has surging 170% to almost 25 cents from 9 cents, according to data tracked by Coingecko. The cryptocurrency is listed on SushiSwap, Gate.io and MEXC. Moons are ERC-20 tokens distributed as rewards to users for their posts or comments in the r/CryptoCurrency…
Futureverse formed out of the merger of eight companies in late 2022, with three more assimilated subsequently. Source
Created by Web3 innovation studio Venture Punk, Prohibition allows any artist to create generative art on-chain, utilizing the Art Blocks Engine. Source
CryptoX is a multi-platform publisher of news and information. CryptoXtrade has earned a reputation as the leading provider of cryptocurrency news and cryptomarket analysis, bitcoin and other cryptocurrencies, blockchain technology, finance and investments. CryptoXtrade have become a known leader in the cryptocurrency information market. We work only with trusted information sources providing latest financial and technological innovations that improves the quality of life of CryptoX readers by focusing on Cryptocurrency and Blockchain. CryptoX Portal
Web3 was defined by Crunchbase as cryptocurrency and blockchain startups, which have been hit hard by the ongoing crypto winter. While VC funding has slowed overall, with Crunchbase reporting an 18% drop across all sectors in the second quarter of 2023, crypto-related funding has had a much steeper decline. Meanwhile artificial-intelligence (AI) startups have become the new shiny object for investors, seeing $25 billion in funding in the first half of 2023. Source
Decentralized applications could tap into improved privacy features as blockchain firm Oasis launches its confidential EVM-compatible blockchain Sapphire. Sapphire and the Oasis Privacy Layer (OPL) are now live, allowing existing decentralized applications (DApp) on Ethereum Virtual Machine (EVM) networks to make use of the blockchain’s privacy-first features without having to carry out cross-chain swaps for respective tokens. Cointelegraph reached out to Oasis to unpack the core components of the Sapphire blockchain and how it could help drive cross-chain Web3 development focused on privacy features for smart contracts. Oasis Foundation director…
The United States’ Securities and Exchange Commission (SEC) has accepted Valkyrie’s Bitcoin (BTC) exchange-traded fund (ETF) proposal for official review. According to data from the SEC’s Nasdaq rulemaking list, Valkyrie’s proposal for its spot Bitcoin ETF entered the official docket on July 17. Valkyrie’s listing on the docket is the second spot Bitcoin ETF proposal being considered by the SEC. It came just a few days after the SEC published BlackRock’s spot Bitcoin ETF proposal on July 13. Spot Bitcoin ETF proposals for listing on Nasdaq. Source: SEC The filing…
The Securities and Exchange Commission added Valkyrie’s spot Bitcoin ETF application to its official docket, signaling an official review of the filing. Other institutions and the public have 21 days to submit their comments on the possible impacts of Valkyrie’s filing, per the commission’s deadline. Valkyrie refiled its Bitcoin exchange-traded fund application after wall street titan BlackRock submits its own application on June 15. The asset manager named Coinbase as its surveillance partner in a July 5 filing after the SEC deemed previous submissions inadequate. The Federal Register of the…