The post What CoinMarketCap’s Q3 report tells us about the crypto industry appeared on BitcoinEthereumNews.com. The digital finance world moves rapidly, and the recent Q3 CoinMarketCap report provides crucial insights into the current state and direction of the crypto industry. From growth narratives to the role of traditional finance in the space, let’s unpack the […]
SBF and Caroline Manipulated Bitcoin Price, But Is CZ Innocent?
The post SBF and Caroline Manipulated Bitcoin Price, But Is CZ Innocent? appeared on BitcoinEthereumNews.com. Value investor Mike Alfred has accused Binance and its CEO Changpeng Zhao of illegally manipulating Bitcoin’s price through wash trading. In a series of tweets, Alfred warned that Binance was selling Bitcoin to inflate Binance Coin (BNB). He argues that […]
Japanese firms to launch yen-pegged digital currency next year
The post Japanese firms to launch yen-pegged digital currency next year appeared on BitcoinEthereumNews.com. Firms involved in the digital currency project are GMO Aozora Net Bank, DeCurret crypto exchange, and Internet Initiative Japan The project focuses on clean energy transactions A group of Japanese fintech firms is planning to launch a digital currency pegged to […]
DCJPY CBDC Creator Optimist for Digital Currency Launch by 2024
The post DCJPY CBDC Creator Optimist for Digital Currency Launch by 2024 appeared on BitcoinEthereumNews.com. Central bank digital currencies (CBDCs) are gradually ensuring their places in respective national economies. Though resistance still exists based on privacy and authority-like factors, the fiat-backed CBDCs are making their way. Similar news was received from Japan where the company […]
Eric Wall’s perspective on BitVM
The post Eric Wall’s perspective on BitVM appeared on BitcoinEthereumNews.com. Bitcoin developer Eric Wall has described the recent BitVM research paper as both “mindblowing” yet ultimately a “technological dead end” for Bitcoin smart contracts. The BitVM paper covered in an Oct. 9 crypto.news report, proposes a method for executing complex computations and smart contracts on […]
Ripple CLO Outlines The Unique Positioning Of XRP In The US
The post Ripple CLO Outlines The Unique Positioning Of XRP In The US appeared on BitcoinEthereumNews.com. Judge Analisa Torres’ ruling in favor of Ripple against the US Securities and Exchange Commission (SEC) has had several impacts on XRP by extension. Highlighting one of them, Ripple’s Chief Legal Officer (CLO) Stuart Alderoty mentioned how the token […]
Ex-CEO of Voyager Faces Legal Battle Over Monumental Commodity Scheme Fraud
The post Ex-CEO of Voyager Faces Legal Battle Over Monumental Commodity Scheme Fraud appeared on BitcoinEthereumNews.com. Introduction Stephen Ehrlich, former executive leader of the now-insolvent firms collectively referred to as Voyager, has been ensnared in a substantial legal turmoil. The CFTC has lodged a lawsuit against him in the U.S. District Court for the Southern […]
Redefining AI: The Shift from Neural Networks to Neural Matrices
The post Redefining AI: The Shift from Neural Networks to Neural Matrices appeared on BitcoinEthereumNews.com. Neural networks, as we know them, mirror the structure of biological neural networks. However, they don’t delve deep into replicating the intricate physics of the biological process. Their primary purpose is to mimic the functionality, focusing on signal transmission and […]
USDR liquidity crisis costs a trader 131,350 stablecoins
The post USDR liquidity crisis costs a trader 131,350 stablecoins appeared on BitcoinEthereumNews.com. USDR suffered a liquidity crisis, revealing its illiquid assets. A trader lost everything swapping USDR for USDC during the crisis. An MEV bot profited $107,002 from the arbitrage opportunity. The Real USD (USDR) stablecoin recently found itself in the eye of a […]
Chainlink (LINK) Holders Accumulate Amid Decline
The post Chainlink (LINK) Holders Accumulate Amid Decline appeared on BitcoinEthereumNews.com. In recent days, the altcoin market has witnessed a significant depreciation, erasing most of the gains achieved at the beginning of the ‘Uptober’ trend. As LINK encounters substantial selling pressure near its resistance levels, long-term investors have shifted into accumulation mode, purchasing LINK at […]