Since the beginning of the month, Bitcoin’s (BTC) value has increased by the most among all cryptocurrencies. After a sustained bullish ascent, the leading cryptocurrency reached a new annual high of almost $31,000 this past week. Bitcoin is now trading at $30,555 at the time of this writing. Glassnode, an
June 25, 2023 2 mins read
The convergence of blockchain and AI is where ChatGPT and HBAR really shine. ChatGPT is able to safely connect with the Hedera network and its services. Including the Hedera Consensus Service (HCS), Hedera Token Service (HTS), and Smart Contract Service. Thanks to the decentralized attribute of blockchain networks. With the
June 25, 2023 2 mins read
FTX co-founder Sam Bankman-Fried (SBF) was turned down in his attempt to collect papers from Silicon Valley legal firm Fenwick & West LLP as part of his defense strategy in his continuing federal fraud prosecution. Bankman-Fried wanted to utilize this evidence to prove that he had sought and followed legal
June 24, 2023 2 mins read
After publicly criticizing XRP and its community, Cardano founder Charles Hoskinson denies rumors of previously collaborating with Ripple. When the U.S. Securities and Exchange Commission (SEC) classified Cardano as a “Security” being sold via non-compliant crypto exchanges, however, he attempted to make peace with the XRP community. Charles Hoskinson tweeted
June 24, 2023 2 mins read
Postal service in the Faroe Islands has been modernized with the introduction of a new series of digital “crypto stamps,” each of which has a digital counterpart recorded on the blockchain as a non-fungible token (NFT) that can be used as postage. The Faroe Islands are a series of islands
June 22, 2023 2 mins read
Turkey’s central bank delivered a significant interest rate rise on Thursday, signaling a turn towards more traditional economic strategies to tackle sky-high inflation. The bank’s benchmark interest rate was increased by 6.5 basis points, to 15%. The first hike since March 2021, represents a leap from the current 8.5% but
June 22, 2023 1 min read
An AI-powered platform for digital art Atriv has teamed up with Layer 1 blockchain Flare. As a result of the arrangement, Atriv will introduce its NFT platform, which generates no-code prompts, to the Flare network. By using artificial intelligence (AI), Atriv’s all-in-one NFT platform aims to realize the full potential
June 22, 2023 2 mins read
In light of mounting regulatory concerns in the West, the global cryptocurrency exchange Binance has announced the opening of a regulated digital asset platform in Kazakhstan. On June 20, 2023, Binance Kazakhstan and members from the financial sector in Kazakhstan held a press conference to announce the launch of the
June 21, 2023 2 mins read
One of the major cryptocurrency exchanges, Binance, has stated that it is working to integrate the Bitcoin Lightning Network. So that users may make deposits and withdrawals more quickly. The company’s CEO, Changpeng Zhao (CZ), has also verified the update. Binance decided to deploy the Lightning Network after experiencing difficulties
June 20, 2023 1 min read
The non-custodial cryptocurrency exchange EDX Markets will be launching today with support from major broker-dealers, global market makers, and venture capital companies. Investors respond to EDX Markets as numerous established banks and brokerages join the cryptocurrency space. The registration of BlackRock iShares spot Bitcoin ETF with the US SEC last
June 20, 2023 2 mins read