Sam Bankman-Fried’s cryptocurrency exchange infamously collapsed months after the commercial. Source
Day: February 1, 2024
Harnessing AI Tools for Enhanced Efficiency and Client Education
A: The first step in adopting generative AI in your practice is to educate yourself and your team about its capabilities and limitations. Several courses available today cover the basics. Introductory courses can be found at online courseware providers such as Coursera, Udemy, LinkedIn Learning, and in online business courses at institutions like MIT, Kellogg School of Management, and Cornell, to name just a few. If you plan to experiment with some of the mainstream tools to start, make sure NOT to include any personal, client, private, or sensitive data…
Polygon and Solana slide, new crypto raises $10m
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In the last trading day, Polygon (MATIC) and Solana (SOL) have posted losses. Meanwhile, a new crypto project, Bitcoin Minetrix, has raised over $10 million in the ongoing presale. Top coins retrace While leading coins, including SOL and MATIC, retrace, they are relatively firm in the past week. Currently, MATIC is down 5.73%, priced at $0.781. Meanwhile, Solana is down 7.61% this month, priced at $95.09. The recent sell-offs…
Solana: Jupiter (JUP) Price Tumbles Amid Controversy
On Wednesday (January 31), the highly anticipated Jupiter (JUP) airdrop took place. Jupiter, a decentralized exchange aggregator built on the Solana blockchain, has been making waves in the crypto space lately, even surpassing Uniswap in terms of trading volume. However, the airdrop, while initially boosting JUP’s value, has been followed by controversy. Jupiter (JUP) Airdrop Stats Tom Wan, a researcher at 21.co, the parent company of 21Shares, commented on the magnitude of the airdrop, stating, “It was one of the largest airdrops on Solana ever, with over 440,000 addresses claiming…
Bitcoin Ordinals Project Taproot Wizards Delays Inaugural NFT Sale for 3rd Time
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…
Solana Price Eyes $120 as SOL DeFi Volumes Beats ETH, ARB
Solana price moved above the $100 milestone on Jan. 30; rising defi volumes and positive sentiment surrounding the upcoming Jupiter airdrop could propel it further. On Jan. 30, Solana’s price briefly broke the $100 barrier for the first time in 2024. However, barely 48 hours later, on Feb. 1, crypto prices dipped after Fed Chief Jerome Powell made a statement hinting at postponing rate cuts beyond March 2024 as widely predicted. Solana price fell 12.5% on Fed Chief Jerome Powell’s statements In the aftermath of the Federal Open Market Committee…
Flipster Launches New Earn Pool Feature Allowing Users to Earn Up To 10K USDT Daily on Their Crypto – Blockchain News, Opinion, TV and Jobs
Warsaw, Poland, January 30th, 2024, Chainwire Flipster, the number one trading platform for altcoin liquidity and the fastest-growing crypto derivatives platform, has finally announced its Flipster Earn Pool campaign. First teased in December last year, the trading platform had been slow with news on this highly anticipated addition. The launch was worth the wait, as the platform is promising users the chance to earn up to 10K USDT a day* (at launch on 1st of February) on USDT held in their Flipster accounts. As a derivatives-first platform, a fair criticism…
Bitcoin as legal tender in El Salvador and the CAR: key lessons
Analysis of El Salvador and the Central African Republic’s experiences with Bitcoin adoption showed mixed outcomes. Which countries could be next? Blending crypto with the mainstream, El Salvador became the first country to adopt Bitcoin (BTC) as legal tender in Sep. 2021, a decision announced by President Nayib Bukele at the Bitcoin 2021 conference in Miami. This historic decision was made to address economic challenges and leverage the growing trend of digital currencies. However, the rollout was marred by various operational and regulatory challenges, including issues with the government’s digital…
USDT Leads $400 Million Inflows
The cryptocurrency industry has witnessed a significant change in the movement of stablecoins, offering valuable observations into the evolving dynamics of the market. Recent data from IntoTheBlock and CryptoQuant has shown a surge in stablecoin inflows into exchanges, reaching record highs in January. Notable inflows were observed on January 2nd ($478 million), January 3rd ($489 million), and January 26th ($673 million). However, this trend has since reversed, with outflows dominating the market. On January 30th, there was a substantial outflow of $412 million, marking the second-highest daily outflow recorded in…
RWA Tokenization Platform Superstate Debuts Tokenized Treasury Fund on Ethereum (ETH)
The USTB token aims to offer an alternative to stablecoins for U.S. institutional investors – venture capital funds, hedge funds, digital asset firms – to park their on-chain cash and earn a yield, Robert Leshner, founder and CEO of Superstate, said in an interview with CoinDesk. Source