Microsoft and Aptos Labs Bridge AI and Blockchain With New Partnership

“This is a collaboration from day one,” they said. “Aptos Labs’ team of AI experts, PhDs and Web3 developers are working directly with Microsoft’s AI team to train models, integrate AI technology into the Aptos Assistant and Github elements integrating with Aptos’ blockchain, and determine the best resources for developers and casual visitors who want to learn more about building on Aptos – or ask questions about the Aptos ecosystem, more broadly.” Source AptosBlockchainBridgeLabsMicrosoftPartnership CryptoX Portal

ICO statement on the Police Service of Northern Ireland incident

John Edwards, the Information Commissioner, said: “People have the right to expect that their personal information is kept safe and not disclosed when it shouldn’t be. This incident raises serious concerns as it shows how even the smallest of human errors can have major consequences. “We recognise the potential impact on the people and families affected by this breach, and we expect appropriate action to be taken by the Police Service of Northern Ireland as a matter of urgency. “The incident demonstrates just how important it is to have robust…

Bitcoin’s path to $30,000 challenged despite active old supply

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin supply dormant for 7-10 years springs to life, hitting a one-month high, as BTC grapples with the $30,000 mark. Bitcoin (BTC) supply, last active between seven and ten years, has continued to increase since the start of the month, surging to a one-month high amid an observable uptick in social volume and dormant supply. According to data from crypto market intelligence resource Santiment, the BTC supply last active in the seven to ten years has…

How to become a ‘Blockchain Radical,’ according to podcaster Joshua Dávila

Crypto has been the subject of much criticism from those on the political Left, many of whom see cryptocurrencies like Bitcoin (BTC) as being associated with libertarian or right-wing ideas. One common perception is that cryptocurrencies and other blockchain-based technologies, such as nonfungible tokens (NFTs), exist for the primary purpose of concentrating wealth, scamming investors and otherwise replicating existing financial and power structures — just in a more unregulated manner. On Episode 16 of The Agenda podcast, hosts Ray Salmond and Jonathan DeYoung chat with author and podcaster Joshua Dávila,…

Bitcoin (BTC) Flirts With $30K as Traders Await CPI

Bitcoin rose 2.3% in the past 24 hours to close to $30,000 as investors wait for July’s Consumer Price Index, a gauge of inflation in the U.S., which is scheduled to be released on Thursday. Core inflation, which excludes volatile food and energy prices, is expected to come in at 0.4%, far below the pace seen a year ago. Lower inflation should mean the Federal Reserve will be less likely to raise rates. Oliver Rust, head of product at independent inflation data aggregator Truflation, predicts that the inflation numbers will…

Bitcoin Retraces Back From $30,000 As Profit Taking Spikes

Bitcoin had surged above $30,000 earlier during the past day but has since observed a retrace as profit-taking from traders has spiked. Bitcoin Profit-Taking Volume Is Currently More Than Twice The Loss-Taking One Bitcoin showed some promising signs of breaking away from its stagnation earlier during the past 24-hour period, as the cryptocurrency’s price managed to make a sharp recovery towards the $30,000 mark. This surge, however, couldn’t last for too long, as the cryptocurrency has already slipped to the $29,700 level. BTC has seen some rise during the past…

Crypto Lender Maple Finance Opens Cash Management Pool for U.S Investors

Demand for blockchain-based T-bill offerings has been steadily rising as the yield on U.S. government debt, widely considered as risk-free, surpassed yields in decentralized finance (DeFi). Digital asset firms, crypto investment funds and protocol treasuries often hold substantial amount of cash in stablecoins. Tokenized Treasuries offer them a shield from inflation and a way to earn some yield. Source

Binance faces calls for ban by Nigerian Bureau De Change association

Binance continues to experience an increase in regulatory heat as the Federal Government of Nigeria is being urged by the Association of Bureau De Change Operators of Nigeria (ABCON) to prohibit the activities of Binance within the nation. ABCON is a self-regulatory body and an umbrella for all the central bank-licensed Bureaux de Change (BDC). This action comes in response to the association reportedly recognizing Binance as a significant contributor to the pressure on the naira. As reported by Nairametrics, a local news agency, Alhaji Aminu Gwadabe, president of ABCON,…

XRP: Breaking This Resistance Could Propel It To $21

XRP is capturing the attention of traders and investors as it approaches a critical juncture on the price charts. Crypto analyst CoinsKid has highlighted the potential for a significant price surge if XRP manages to overcome a crucial technical barrier.  The concept at play here is the so-called Fibonacci retracement level, a powerful tool used by traders to identify potential price reversals and continuations in financial markets. In the context of cryptocurrency trading, these levels are drawn on a price chart to highlight potential support and resistance levels. They are…