Bitcoin price hits $27K in new 9-month high as Fed injects $300B
Bitcoin bulls attempt to break higher as Fed liquidity upends quantitative tightening in place since 2021. Go to Source Powered by WPeMatico
Month: March 2023
US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From Collapse
After the fall of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), First Republic Bank, a commercial bank and wealth management services provider, is the latest financial institution to receive a bailout. Close to a dozen lenders announced they will deposit $30 billion into the beleaguered bank’s coffers to shore up liquidity. U.S. … Read more
AI set to benefit from blockchain-based data infrastructure
Several data infrastructure and intelligence use cases take a decentralized approach to provide AI functionalities. Go to Source Powered by WPeMatico
BitGo patches critical vulnerability first discovered by Fireblocks
BitGo has patched a vulnerability that threatened to expose the private keys of retail and institutional users. Go to Source Powered by WPeMatico
University students reveal new Web3 solutions at ETHDenver 2023
Students showcased new Web3 solutions focused on enabling better user experience, privacy and security at ETHDenver 2023. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Hits $27,000, Securing Fresh 9-Month High
Bitcoin moved to a fresh nine-month high on Friday, as prices moved above the $27,000 level. The surge comes following the U.S. Federal Reserve’s decision to backstop embattled banks to a record tune of $152.9 billion. Ethereum was also in the green in today’s session. Bitcoin Bitcoin (BTC) rose back above $27,000 in today’s session, … Read more
Here’s how ChatGPT-4 spends $100 in crypto trading
GPT-4 version of OpenAI’s ChatGPT conversational AI was released on March 14, and is said to be much more powerful than the previous version. Go to Source Powered by WPeMatico
US Bank collapse — Was crypto being targeted?
The latest episode of Decentralize with Cointelegraph unpacks whether U.S. regulators are targeting the crypto ecosystem through closure of SVB and Signature Bank. Go to Source Powered by WPeMatico
Breaking: SVB Financial Group files for Chapter 11 bankruptcy
SVB Financial Group, the former umbrella entity of Silicon Valley Bank, has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of New York to “preserve value.” Go to Source Powered by WPeMatico
Dubai to Abu Dhabi: How NFTs are used in the UAE
Cointelegraph went to an EDM concert and spoke to projects at the recent AIBC Dubai event to see how nonfungible tokens are used in the United Arab Emirates. Go to Source Powered by WPeMatico