Author: Digicoinvision
The paper, issued by BIS economists, proposes using blockchain as a transaction history to overcome the limitations faced by current AML measures when dealing with decentralized assets, such as cryptocurrencies and stablecoins, in order to protect off-ramping institutions. BIS Bulletin Proposes Using Blockchain History to Build Crypto AML Score The expansion of cryptocurrency and stablecoins […]
Have some fun announcements for y’all this week 🙂 Other than the items below, client teams continue to move toward production. More on that next week! tl;dr Least Authority Phase 0 audit complete As discussed many months ago, we engaged with Least Authority to conduct a full audit of the Phase 0 specifications. The audit was comprehensive with a deep look at potential DoS attacks, misuse of resources, unintended forks/chains, and attacks impacting funds. The audit is now complete and available for public review 🎉. The Least Authority audit helped us patch a few DoS vectors in gossip messages with…
Key takeaways:ADA price confirms bull flag breakout, eyeing 100–150% upside.Long-term holders have been holding a record 15 billion ADA for over a year.Cardano’s ADA shows signs of breaking out from months of consolidation, with some analysts expecting prices to at least double in the weeks ahead.ADA price enters bull flag breakout stageCardano’s latest price action has confirmed a bullish breakout from a multimonth bull flag pattern on the three-day chart, according to analysis by Clifton Fx. The breakout follows a steady climb from the lower trendline, with ADA price now pushing above key resistance. Technically, such breakouts often precede strong…
Key takeaways:Bitcoin hit a new all-time high of $124,450 on Thursday, and signs of overheating are starting to appear.Several technical indicators suggest a potential top at $124,000.Bitcoin (BTC) recorded a new all-time high of $124,450 during the early Asian trading hours on Thursday. However, BTC price had pulled back to $121,670 at the time of writing.Despite the correction, there were mixed signals about whether the price rally had peaked or whether it was a healthy pullback.Onchain data: Bitcoin price hasn’t peaked yetBitcoin was not showing any signs of peaking despite reaching new all-time highs on Thursday, with several onchain metrics…
Join Our Telegram channel to stay up to date on breaking news coverage The non-fungible token tech continues playing a significant role in reshaping the music industry. NFTs offer musicians a novel way to store and sell their music products by offering them unique ownership on a blockchain network. This technology allows music artists to bypass traditional intermediaries, directly connect with fans, and potentially generate new revenue streams. Justin Blau, an American DJ and Producer, is the latest artist to tokenize his new song on the Bitcoin network. 3LAU Tokenizes His New Song On Bitcoin In an August 13 blog…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Chris Burniske, the cofounder and partner at crypto venture firm Placeholder, laid out a time-boxed set of cycle targets for the market’s three bellwethers, arguing that the “crazier” price action gets through early autumn, the higher his conviction becomes that this cycle culminates in October. “Aiming…
Recent portfolio shuffles and asset dumps pointed to its old habits, but the foundation has officially denied involvement in the sales. Summary The Ethereum Foundation has denied selling 2,975 ETH from an ICO-era wallet. Co-executive director says the wallet is no longer under Foundation control despite past connections. Corporate ETH treasuries have surged past $14B, concentrating supply in public company hands. In a recent X post, Ethereum Foundation co-Executive Director Hsiao-Wei Wang debunked claims that the foundation was behind a recent $12.8 million ETH (ETH) sell-off. “It was not the Ethereum Foundation’s operation,” she wrote. Wang’s disclaimer came after on-chain…
Key Takeaways AERO surged by more than 23% in a day, with its price breaking above a key level on the weekly charts. Derivative traders have been increasing leverage in their positions, and this could be detrimental. Aerodrome Finance (AERO) is in the news today after it rose by 23% in just 24 hours. In fact, the prices of most altcoins with utility skyrocketed over the same period, with OKB leading this charge. It was followed by AERO, with the latter reclaiming its $1 billion capitalization and cementing its position among the market’s top-100 coins. AERO’s daily volume exploded by…
Despite recovering above $120,000 again, Bitcoin has not been able to completely shake off the bearish pull. This has resulted in what looks like the beginning stages of a price pullback that could result in a notable crash. There are also fair value gaps (FVGs) that are yet to be fully filled, suggesting that the uptrend may see a pause before resuming. Bitcoin Momentum Pulling Toward Bearish As crypto analyst TehThomas explains in an analysis, the Bitcoin price action shows that it has moved toward a key rejection block. This rejection block was around the $122,000 level, explaining why the…
Cathie Wood’s ARK Invest bought 2.53 million shares of crypto exchange Bullish across three of its exchange-traded funds (ETFs) on Wednesday, in the company’s successful IPO.According to trade notifications, the ARK Innovation ETF (ARKK) picked up 1,714,522 shares, the ARK Next Generation Internet ETF (ARKW) added 545,416 shares and the ARK Fintech Innovation ETF (ARKF) bought 272,755 shares. At Bullish’s $68 closing price, the combined purchases were worth about $172 million.Bullish’s stock ended its first trading session up 83.8% from its IPO price of $37, closing with a market capitalization above $10 billion. Shares jumped another 11.2% in after-hours trading.The…