Day: September 28, 2023

Celsius valuation advisor approves value of debtors’ assets and liabilities

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Joel E. Cohen, a mathematician and biologist representing Celsius Network’s valuation adviser, Stout Risius Ross, confirmed the accuracy of the fair value of certain of the debtors’ assets and liabilities as of May 31, 2023. Following months of back and forth, most Celsius creditors recently voted in favor of a plan to see approximately $2 billion worth of Bitcoin (BTC) and Ethere (ETH) returned to creditors. The voting results are in! Over 95% of creditors across all eligible classes voted to accept the Plan, a testament to our collaborative efforts…

Analyst Presents 4 Charts That Prove Crypto Is Not Dead

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As the crypto market faces constant volatility challenges and regulatory pressures, major cryptocurrencies have experienced significant declines and slowed growth over the years. However, a new chart report has revealed that despite these downward trends, the crypto industry is still achieving new milestones in terms of adoption.  Chart Reveals Crypto Adoption On The Rise The broader crypto market has been recovering at a snail’s pace since the crypto crash in 2021. Cryptocurrencies were at their peak during this time, and Bitcoin had the highest growth rate, reaching a price of…

Information Commissioner calls on public authorities to stop using spreadsheets in FOI responses

“The recent personal data breaches are a reminder that data protection is, first and foremost, about people. We have seen both the immediate and ongoing impact that the release of such sensitive personal information has had on the individuals and families involved, and that is why I have taken this action. “It is imperative that robust measures are in place to protect personal information. The advice we have issued sets out the bare minimum that public authorities should be doing to protect personal data when responding to information access requests,…

UK Information Commissioner calls on public authorities to stop using spreadsheets in FOI responses

“The recent personal data breaches are a reminder that data protection is, first and foremost, about people. We have seen both the immediate and ongoing impact that the release of such sensitive personal information has had on the individuals and families involved, and that is why I have taken this action. “It is imperative that robust measures are in place to protect personal information. The advice we have issued sets out the bare minimum that public authorities should be doing to protect personal data when responding to information access requests,…

Brazil’s crypto surge prompts central bank to tighten regulation

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The governor of Banco Central do Brasil, Brazil’s central bank, said the bank has noted a significant surge in crypto adoption in the country and intends to react by tightening the digital assets regulation.  During his speech to the parliamentary Finance and Taxation Commission on Sept. 27, Roberto Campos Neto reported the rise of “cryptocurrency imports” by Brazilians. According to the central bank’s data, imports of crypto rose by 44.2% from January to August 2023 when compared with 2022. The total funds were about 35.9 billion Brazilian reals ($7.4 billion). Related:…

Is Bitcoin price going to crash again?

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Bitcoin (BTC) is still in a bullish reversal when looking at this year’s price chart. The BTC price has gained 70% after bottoming out at around $16,800 in November 2022, defying rate hike fears while riding on growing exchange-traded fund approval optimism.  However, in recent months, Bitcoin bulls have failed to sustain the BTC price above $30,000. Therefore, with the “bullish” halving still over 200 days away, many traders wonder if the Bitcoin price will crash again in the coming months.  Cointelegraph looks at the possible scenarios as Q3 draws to a close.…

Tradecurve Markets rallies in presale, PancakeSwap and ApeCoin remain under pressure

Most investors want to end the year on a high note. As such, they are actively exploring multiple projects, including Tradecurve Markets, a hybrid exchange. Amid this development, experts note that PancakeSwap (CAKE) and ApeCoin (APE) have lost their shine. PancakeSwap partners with Transac PancakeSwap, a decentralized exchange, has partnered with Transac to attract more users, allowing them to trade efficiently. Traders can use fiat payment methods like bank transfers and credit cards. This feature was unveiled after the release of PancakeSwap v3.  Despite this partnership, CAKE remains under pressure. On…

Crypto Analyst Predicts 1160% Surge

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In a follow-up to his previous intricate analysis, renowned crypto analyst EGRAG CRYPTO has unveiled another riveting forecast for the XRP price trajectory. Drawing insights from his recent observations, Egrag points to a potential mammoth rise in XRP’s value, suggesting an impressive increase of 1,160%. This surge, he predicts, could elevate the digital asset’s price to an estimated $6.7, with possible fluctuations placing it within a range of $6.5 to $7. Here’s Why A 1,160% Move For XRP Seems Possible The genesis of this bold prediction lies in Egrag’s methodical…

Meta Introduces New AI-Powered Tools for Facebook, Instagram, WhatsApp

All the updates introduced by Meta will help the company compete with OpenAI and its ChatGPT. Meta Platforms Inc (NASDAQ: META) has announced the launch of significant AI updates across its applications. Now, Instagram, Facebook and WhatsApp have “state-of-the-art AI features” for “different things”. Firstly, Meta introduced new AI stickers that enable users to effortlessly generate customized stickers for their chats and stories on Facebook, Instagram, and WhatsApp. The feature will work by employing Llama 2 underlying technology and Meta’s foundational Emu model for image generation to turn your text prompts into multiple…

IBM and Microsoft Joins Forces with Other Entities to Form Post-Quantum Cryptography (PQC) Coalition

The Post-Quantum Cryptography coalition is geared towards providing the architecture and information on how to protect data from decryption by quantum computers. Amid the mainstream adoption of blockchain technology and crypto assets, a new cybersecurity threat has emerged that involves quantum computing. As a result, a group of tech enthusiasts – including Microsoft Corporation (NASDAQ: MSFT), International Business Machines Corporation (NYSE: IBM), University of Waterloo, SandboxAQ, and PQShield – joined forces to form the Post-Quantum Cryptography coalition. Another key member of the Post-Quantum Cryptography (PQC) coalition is the National Institute…