Does Worldcoin Need a Reevaluation? Understanding Sam Altman’s Crypto-AI-UBI Experiment Source
Does Worldcoin Need a Reevaluation? Understanding Sam Altman’s Crypto-AI-UBI Experiment
Day: November 20, 2023
Crypto traders are looking at Dogecoin (DOGE) again — Here’s why
When memecoins go parabolic, it’s usually a market top signal and a warning that investors’ euphoria has peaked. The market witnessed similar speculative fury in the 2020–2021 bull market when Dogecoin (DOGE) chased after $1, Shiba Inu (SHIB) rallied by tens of thousands of percentage points, and nonfungible token prices hit eye-watering highs of six to seven figures. DOGE/USDT vs. BTC/USDT weekly chart. Source: TradingView Despite only being up 13.6% for the year, DOGE’s 33.2% gain over the last month has put the asset on some analysts’ radar. Take, for…
Canadian regulator seeks feedback on crypto asset exposure disclosure requirements
Canada’s Office of the Superintendent of Financial Institutions (OSFI) has opened a consultation period on crypto asset disclosure requirements for federally regulated financial institutions (FRFIs). The consultation was foreseen in the 2023 federal budget, but its timing is tied to a similar enquiry initiated by the Bank for International Settlements (BIS). The Canadian government stated in March that it would draw up crypto exposure guidelines for banks “to help protect Canadians’ savings and the security of our financial sector.” The provision is found in section 5.4 of the budget, titled…
Bittrex Global announces all trading will be disabled as it winds down operations
Liechtenstein-headquartered cryptocurrency exchange Bittrex Global has announced it plans to wind down operations, starting with the suspension of trading activity on Dec. 4. In a Nov. 20 update published to its website, Bittrex Global said all users with U.S. dollar holdings needed to convert their funds to euros or cryptocurrency before Dec. 4 or risk being unable to withdraw the assets. On Dec. 4, the platform will suspend trading activities and only allow certain withdrawals. “This decision was not made lightly, and we understand the inconvenience it may have on…
Crypto Market Expert Identifies The Trigger For 600% Bitcoin Price Surge
In a recent analysis, a crypto market expert has discovered key elements that could trigger a massive surge in the Bitcoin price. Crypto Expert Reveals Bitcoin Price Surge Catalyst Head of Research at CoinShares, James Butterfill has published an in-depth analysis of a revelation that could catalyze a significant increase in Bitcoin’s price. Butterfill’s research delves deep into the present dynamics of the crypto market surrounding the potential approval of Spot Bitcoin ETFs and the inflows that could follow. Using an analysis by Galaxy, Butterfill deduced that if 10% of…
Microsoft and Nvidia stocks reach all-time highs amid OpenAI CEO shuffle
Microsoft’s stock hit an all-time high of $378.81 on Nov. 20 on the back of a tumultuous weekend for the artificial intelligence (AI) sector involving the ousting of OpenAI CEO and co-founder Sam Altman. Not to be outdone, Nvidia’s stock also reached an all-time high of $499.60, continuing a trend that’s seen its shares rise from a one-year low of $138.84. Both stocks have skyrocketed over the past few years, with end-over-end growth due to an explosion in the AI field spurred by the onset of deep learning and generative…
Ali Yahya, Andreessen Horowitz: 'Many Fair Weather VCs Have Pivoted'
A16z’s general partner tells Jeff Wilser why the blue-chip venture fund is “100% committed on crypto as a space.” Source
X account of Ethereum L2 Loopring hacked by phishers
Loopring’s X account remained compromised at press time, with the exploiters publishing multiple malicious links promoting a fake LRC airdrop. The X page of Ethereum layer-2 network Loopring was compromised on Nov. 20, allowing phishing scammers to publish at least 10 tweets containing harmful links to an illegitimate airdrop for LRC, the project’s native token. According to blockchain security firm CertiK, the links redirected users to a known wallet drainer connected to other phishing campaigns. The exploit lasted all day and the Loopring team was yet to regain control of…
OpenAI Setback No Match For FET’s 160% Surge: Time To Invest In AI?
The Artificial Intelligence (AI) sector in the crypto space has enjoyed one of the most prominent rallies despite the debacle with OpenAI. The company behind ChatGPT fired one of its founders and CEO, Sam Altman, sparkling downside pressure for AI-based tokens, such as FET. The native token for Fetch.ai, FET, has been trending to the upside following the general market sentiment. Over the past month, the cryptocurrency recorded a 160% rally, and it’s poised for further profits as it breaches critical resistance levels. OpenAI Controversy Adds Fuel For FET’s Rally…
Event recap for North American Blockchain Summit
Once branded for a Texas-specific audience, the North American Blockchain Summit (NABS) shook things up in 2023 — changing its location and name as many United States lawmakers prepared for an election season. Hundreds of crypto and blockchain enthusiasts gathered in Fort Worth, Texas from Nov. 15-17 to network, discuss mining, and listen to politicians and industry leaders talk about developments in policy and regulation affecting the space. Among the headliners of the event were longshot Republican presidential candidate Vivek Ramaswamy, Independent presidential candidate Robert F. Kennedy, Jr. and current…