When considering the design of a CBDC, people will also have to grapple with difficult questions on choice, inclusion and stability, Skingsley said. But “innovation usually takes us to new places and opens up possibilities that were not there until a new technological breakthrough has happened,” she added. Source
The Information Commissioner’s Office (ICO) has issued a reprimand to NHS Fife, after an unauthorised person was able to enter a ward and access the personal information of 14 patients. In February 2023, an unauthorised person gained access to a ward. Due to a lack of identification checks and formal processes, the non-staff member was handed a document containing personal information of 14 people and assisted with administering care to one patient. The data was taken off site by the person and has not been recovered. While the hospital had…
To increase its BTC mining capacity, HIVEDigital is buying a data center site in Sweden. Canada-headquartered BTC mining company HIVE Digital has announced its intention to buy an additional data center facility that is located in Sweden. It has been revealed that for this strategic acquisition, the company will with cash (up to $750 000) and equity (up to $1.5 million). HIVE Digital is planning to use this site to increase its Bitcoin mining capacity. To be continued. next Bitcoin News, Blockchain News, Business News, Cryptocurrency News, Deals News Thank…
Ethereum has cleared the $2,100 level during the past day, and if on-chain data is anything to go by, a rally to new yearly highs should be “easy.” Ethereum Has No Major On-Chain Resistance At Higher Levels An analyst in a post on X explained that Ethereum has overcome a major on-chain resistance zone with its recent price rally. The on-chain resistance and support levels are defined based on the density of investors who bought at them. The reason behind this lies in how investor psychology tends to work. For…
On-chain data indicates that bankrupt crypto exchange FTX suddenly moved $36 million worth of altcoins to leading exchanges. According to on-chain analytics firm Lookonchain, FTX transferred massive amounts of Polygon (MATIC) and Avalanche (AVAX) to top crypto exchanges Coinbase and Binance. “In the past 24 hours, FTX transferred a total of ~$36 million in assets to exchanges. Deposited 12.6 million MATIC ($9.4 million) to Coinbase. Deposited 10 million MATIC ($7.45 million) to Binance via FalconX. Deposited 975,859 AVAX ($19.25 million) to Binance via FalconX.” Polygon is trading for $0.78 at…
Ether (ETH) price is trading slightly higher on Nov. 23, maintaining support above the $2,000 level after briefly retesting $1,930 on Nov. 21. Over the past week, Ether’s price has increased by 2.5%, while the total market capitalization has grown by 0.5%. This uptrend can be attributed to improved decentralized applications (DApps) metrics, increased protocol fees, and Ethereum’s dominance in the non-fungible token (NFT) market. To assess whether Ether can sustain its $2,000 price point, one must consider the repercussions of Binance’s recent regulatory challenges following its plea deal with…
The transactions of ‘whales’ – large-scale investors – often set the tone for market trends. So far, recent on-chain data from Lookonchain, a renowned on-chain analytics platform, has unveiled a notable accumulation pattern in four specific altcoins. Maker (MKR), ssv.network (SSV), Coin98 (C98), and RSS3 have emerged as the latest targets of these accumulative efforts. The data shows a series of substantial withdrawals of altcoins from Binance, a leading crypto exchange, hinting at a growing interest in these altcoins among heavyweight investors. Notably, this trend of whale accumulation is not…
With this acquisition, CoinGecko plans to integrate Zash’s NFT data into its Application Programming Interface (API) by the second quarter of next year. CoinGecko, a major cryptocurrency data tracking company, has acquired Zash, an on-chain data analytics firm that provides information on non-fungible tokens (NFTs) metadata across various platforms. According to an announcement on November 22, the acquisition aligns with CoinGecko’s vision to become a central hub for cryptocurrency-related information and provide users with a more comprehensive suite of data. “This acquisition aligns with our commitment and dedication to deliver…
Here’s what on-chain data says regarding if the latest Bitcoin rally has hit the overheated “euphoria” stage where past bull runs topped out. Bitcoin Percent Supply In Profit Has Now Hit The 83% Mark In its latest weekly report, the on-chain analytics firm Glassnode has discussed about the “euphoric” BTC phase from the angle of investor profitability. Euphoria basically refers to that period of the market where the investors have started embracing greed and the rally is becoming heated. Historically, the major rallies in the asset have attained their tops…
Privy, the Web3 data privacy solution, is reported to have completed a series A financing round that was led by Paradigm and participated in by Sequoia Capital and other well-known names who acted as earlier investors. On the same day, Privy announced that Huang, a former partner at Sequoia Capital, was joining the startup’s board of directors. Connecting to the blockchain Fortune’s article describes Privy as being a solution that collaborates with established companies to develop blockchain-based services that enhance their operational capabilities. In the instance of Blackbird, initiated by the founder…