Today at Chaintalk News

December 8, 2022

Using Decentralized AI Network

By Kinsei

Ben Goertzel Singularity-Net CEO
News

Using Decentralized AI Network

Ben Goertzel talked about how SingularityNET is using decentralized AI network to support our life under the COVID19 pandemic, in the particular area of precision

Read More »
cryptocompare

3 cryptos that could make you a fortune in December 2022: Orbeon Protocol (ORBN), Decentraland (MANA), and Axie Infinity (AXS)

It’s always difficult to predict the next big cryptocurrency. Every new project promises a huge ROI, only to fall short when it comes to delivery. To decide whether or not a cryptocurrency is worth the investment, you often need to look at its utility. Three new projects offering excellent utility are Decentraland (MANA), Axie Infinity …
READ MORE »
cryptocompare

Bankruptcy Judge Orders Celsius to Return $44M in Cryptocurrencies

It will only impact Celsius users who stored their funds in custody accounts rather than the firm's interest-bearing Earn program.
READ MORE »
cryptocompare

Bitcoin Price Analysis: Analyst Maps Next Levels For BTC Price

The post Bitcoin Price Analysis: Analyst Maps Next Levels For BTC Price appeared first on Coinpedia Fintech News After Terra’s fall and FED’s policy that was kicked off in the year 2022, war broke out and the fallout from the FTX collapse was like the last straw. Crypto has weathered the storms of the long crypto winter. Smart contracter, a crypto analyst, has yet again come up with his analysis of the Elliott …
READ MORE »
cryptocompare

Bloomberg Strategist Expects Crypto Market to Come Out ‘Ahead’ in 2023

On Tuesday (6 December 2022), Mike McGlone, a Senior Macro Strategist at Bloomberg Intelligence (Bloomberg’s research arm on the Bloomberg Terminal”), shared his thoughts on the crypto market. In the latest edition of Bloomberg Intelligence’s “Crypto Outlook” report, McGlone (and the three contributing analysts he worked with on this research) said: “It’s been one of the most severe drawdowns in
READ MORE »
cryptocompare

Understanding how zkEVM’s latest achievement can help MATIC in long run

Polygon’s zkEVM reached a new milestone, which was an optimistic sign for the network. In fact, Polygon revealed several new planned updates for the future. Sandeep Nailwal, the co-founder of Polygon [MATIC], recently posted an update on Twitter regarding Polygon’s latest zkEVM. According to the tweet, the zkEVM reached a new milestone as it passed
READ MORE »
cryptocompare

Toys R Us declares an NFT collection via their Geoffrey the Giraffe NFTs

Toys R Us, which happens to be a very popular toy retailer based out of the US, is extremely pleased and takes an immense amount of pleasure in making their formal announcement of having delivered their Geoffrey the Giraffe NFTs. They are distinctly aware that this timing has been very accurately planned out, considering the …
READ MORE »
cryptocompare

Just-In: PayPal Launches Crypto Services In Luxembourg For EU Push

Financial services giant PayPal plans to launch cryptocurrency services in Luxembourg, which seems to be a push to expand crypto services in the European Union. PayPal will allow customers in Luxembourg to buy, sell, and hold cryptocurrencies including Bitcoin and Ethereum. PayPal Launches Crypto Services in Luxembourg In a press release on December 7, PayPal The post Just-In: PayPal Launches Crypto Services In Luxembourg For EU Push appeared first on CoinGape .
READ MORE »
cryptocompare

The SEC May Be Trapped Here! Know the Recent Ripple vs SEC Updates!

The post The SEC May Be Trapped Here! Know the Recent Ripple vs SEC Updates! appeared first on Coinpedia Fintech News The Ripple VS SEC case is advancing every new day, expecting a course at the earliest. Hence, both parties have filed their replies to the motion and are eagerly waiting for the summary judgment. Meanwhile, Stuart Alderoty, the Ripple General Counsel previously hinted towards a possible settlement with the SEC recently. In his latest comments, …
READ MORE »
cryptocompare

CEO of Binance Warns Users About New Hack Targeting Cryptocurrency Industry

CEO of the major crypto exchange Binance Changpeng 'CZ' Zhao took to Twitter to warn about the latest hack type targeting the cryptoverse - one executed by "the threat actor [with] broad knowledge of the cryptocurrency industry." "Don't download files!", said CZ on Tuesday. ... Read More: CEO of Binance Warns Users About New Hack Targeting Cryptocurrency Industry
READ MORE »
cryptocompare

Market Analysis Report (08 Dec 2022)

Coinbase CEO Confirms 2022 Revenue Will Decline by at Least 50% | Binance.US Expands Zero Fee Trading to Ether | FTX Collapse Offers Chance For Crypto Market to Reset, Says Mastercard Exec
READ MORE »
cryptocompare

Bitcoin is a ‘top contender’ to outperform gold in the long run, says commodity guru

The cryptocurrency sector is still reeling from the massive sell-off started by the crash of crypto trading platform FTX, and … Continued The post Bitcoin is a ‘top contender’ to outperform gold in the long run, says commodity guru appeared first on Finbold .
READ MORE »
cryptocompare

Marathon Digital Considers Acquiring Compute North (Report)

Marathon supposedly hired Guggenheim Partners and Weil Gotshal & Manges to discuss a possible weighing bid for Compute North.
READ MORE »
cryptocompare

TRON (TRX) price plunge may be on the horizon

TRON is an open-source, decentralized protocol with a proof-of-stake consensus algorithm. TRX is a leading altcoin offering the TRON network convenience and flexibility. At the time of writing this post, TRX/USD is trading around $0.053. Candlesticks are forming in the baseline of the Bollinger Band. Overall, the short-term chart is bullish because RSI and MACD …
READ MORE »
cryptocompare

EU’s Top Court Orders Google To Remove “Manifestly Inaccurate” Data

The EU’s top court ruled that Alphabet subsidiary Google must remove information from online search results if users can demonstrate that it is false. The “right to be forgotten” online, or the ability to delete one’s digital footprint from the Internet, has caused conflict between proponents of free speech and those who defend privacy rights The post EU’s Top Court Orders Google To Remove “Manifestly Inaccurate” Data appeared first on CoinGape .
READ MORE »
cryptocompare

Nomad to restart bridge after $190 million hack in August

Nomad, a bridge that had been hacked for over $190 million dollars in user funds, is now restarting and offering partial refunds.
READ MORE »
cryptocompare

The all-in-one approach at the foundation of next gen crypto investment platforms

ClearCryptos, an all-in-one crypto platform, combines all the best of DeFi and CeFi with the education necessary to use it right.
READ MORE »
cointelegraph

The all-in-one approach at the foundation of next gen crypto investment platforms

ClearCryptos, an all-in-one crypto platform, combines all the best of DeFi and CeFi with the education necessary to use it right.

READ MORE »
cryptocompare

Nexo Token Up 5% on Ethereum 'Smart Staking' Launch

The price surge comes on the heels of news that Nexo's Earn Interest Product has been suspended in eight U.S. states.
READ MORE »
cryptocompare

Tether Adds Offshore Chinese Yuan to Its Stablecoin Offering – China Crypto Surge Coming?

Tether, the company behind the largest stablecoin USDT, has expanded its offerings to include offshore Chinese Yuan (CNH₮) stablecoin on the Tron blockchain. The move will enable Chinese customers to send and receive payments in the stablecoin with fewer fees compared to the Ethereum blockchain. In a Tuesday announcement, Tether announced that they are adding CNH₮, a stablecoin pegged to offshore Chinese yuan (CNH), to the Tron blockchain. ... Read More: Tether Adds Offshore Chinese Yuan to Its Stablecoin Offering – China Crypto Surge Coming?
READ MORE »
cryptocompare

Oryen Network Top DeFi Presale Of The Moment, The Next FTM Or SOL?

The post Oryen Network Top DeFi Presale Of The Moment, The Next FTM Or SOL? appeared first on Coinpedia Fintech News Decentralized Finance (DeFi) is an improvement over the centralized, controlled financial system in use in the modern world. Numerous platforms, exchanges, and blockchain networks, such as the Oryen Network, FTM, SOL, and others, enable this enhanced system. These systems typically use the dollar as their main value comparison. These platforms typically provide what is known …
READ MORE »
cryptocompare

Were Ripple Executives Reckless? Crypto Lawyer Stirs Up Striking Facts in Lawsuit

Crypto lawyer believes Ripple executives have better chances at summary judgment
READ MORE »
cointelegraph

More than 90% of consumers are curious about the Metaverse: Capgemini

The volatility of the crypto market hasn’t stopped the metaverse from gaining potential as a utility for businesses and consumers alike.

READ MORE »
cryptocompare

More than 90% of consumers are curious about the Metaverse: Capgemini

The volatility of the crypto market hasn’t stopped the metaverse from gaining potential as a utility for businesses and consumers alike.
READ MORE »
cryptocompare

US Senator Lummis: Seems ‘Bitcoin Is the Only Thing That Would Qualify as a Commodity’

On Wednesday (7 December 2022), U.S. Senator Cynthia Lummis (R-WY) said during an interview that Ethereum ($ETH) might get called a security by the U.S. Securities and Exchange Commission (“SEC”). According to a press release issued on 7 June 2022, “U.S. Senators Kirsten Gillibrand (D-NY), member of the Senate Agriculture Committee, and Cynthia Lummis (R-WY), member of the Senate
READ MORE »
cryptocompare

Telegram Introduces Privacy Feature Thru Blockchain-based Numbers

Telegram, a popular messaging app, has released an upgrade that allows users to register using blockchain-based anonymous numbers rather than
READ MORE »
cryptocompare

Radix and Casper Network Consolidating, While Price Pump Is Expected From Sparklo

The post Radix and Casper Network Consolidating, While Price Pump Is Expected From Sparklo appeared first on Coinpedia Fintech News When cryptocurrency investors intend to invest, they have to focus on tokens that will perform well since such projects usually guarantee better returns on investment. Radix (XRD) and Casper Network (CSPR) previously showed promise and provided gains, but as they are currently consolidating, investors would have to look for alternatives that can boost their portfolios. …
READ MORE »
cryptocompare

Coinbase Revenue Will Be ‘Half or Less’ of Last Year’s: CEO Brian Armstrong

The Coinbase CEO was less than optimistic about the crypto exchange's financials for 2022, citing the ongoing bear market and FTX's collapse.
READ MORE »
cryptocompare

DOJ Lawyers Seek Scrutiny For Social Media Algorithms

READ MORE »
cryptocompare

Neo price analysis: NEO/USD prices increased to $6.95, demonstrating bullish vigor

Neo price analysis confirms an increasing trend for cryptocurrency today as the coin value has increased tremendously, reaching above $6.95, the resistance level for NEO/USD is at $6.96 and the support level is at $6.76 and has seen a slight price increase of 2.56% in the past 24 hours. The bullish momentum we are seeing … Neo price analysis: NEO/USD prices increased to $6.95, demonstrating bullish vigor Read More »
READ MORE »
cryptocompare

Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day

In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash not exceeding $1,111 during the same period. The new limits, which are in line with the CBN’s cashless policy, are set to
READ MORE »
cryptocompare

Exclusive Interview: How Genius Yield Unlocks New Opportunities for Individuals to Achieve Financial Freedom

Genius Yield team opines on Web3 technology, Cardano and its token $GENS
READ MORE »
cryptocompare

Ripple Moves Dozens of Millions of XRP – Is Company Selling?

Over past 12 hours, Ripple has participated in transferring large amount of XRP, while sending nearly half of it
READ MORE »
cryptocompare

South Korean Gaming Giant WeMade Loses Legal Struggle Against WEMIX Delisting

The South Korean gaming firm WeMade has lost its legal battle against the nation’s biggest crypto exchanges – who have decided to delist its wemix coin (WEMIX). WEMIX was issued with an “investment warning” in October by the Digital Asset Exchange Association (DAXA). The DAXA is a group that comprises the nation’s four largest exchanges, namely Upbit, Bithumb, Coinone, and Korbit.... Read More: South Korean Gaming Giant WeMade Loses Legal Struggle Against WEMIX Delisting
READ MORE »
cryptocompare

Ethereum sidechain Gnosis Chain to execute merge, details inside

Ethereum sidechain Gnosis Chain is going to execute a Merge on 8 December. Gnosis Chain transitions from PoA to PoS, following Ethereum Merge. This will be the second-ever Merge in the blockchain industry. A major Ethereum sidechain Gnosis Chain is going to execute a Merge today (8 December), transitioning from proof-of-authority (PoA) chain to proof-of-stake
READ MORE »
cryptocompare

Crypto Lawsuit Against Kim Kardashian And Floyd Mayweather Dismissed

READ MORE »
cryptocompare

Hong Kong passes amendment introducing VASP licensing regime

Hong Kong's Legislative Council passed an Anti-Money Laundering and Counter-Terrorist Financing amendment introducing a licensing regime for VASPs.
READ MORE »
cryptocompare

Bitmex now lets you bet on Ethereum’s daily staking rewards

Crypto derivatives exchange Bitmex is letting traders speculate on how high the Ethereum staking rewards will be each day.
READ MORE »
cryptocompare

Bloomberg Analyst Says Ethereum (ETH) and Rest of Crypto Markets To Rise Again in 2023

Bloomberg commodity strategist Mike McGlone thinks crypto will return to outperforming traditional assets next year. In a new analysis, McGlone notes that the value of the crypto market was slashed by $1.3 trillion in 2022, as of early December, a “roughly equivalent” figure to the combined market cap decrease of Amazon and Google. The strategist The post Bloomberg Analyst Says Ethereum (ETH) and Rest of Crypto Markets To Rise Again in 2023 appeared first on The Daily Hodl .
READ MORE »
cryptocompare

These Tech Giants Receive $9 Billion From Pentagon

READ MORE »
cryptocompare

Dogecoin Buff Elon Musk Gives Way To LVMH’s Arnault As World’s Wealthiest Person

On Wednesday, Elon Musk lost his position as the world’s richest man to Bernard Arnault, the chief executive officer of Louis Vuitton’s parent company, LVMH. Musk’s loss was quick and only by a “fraction.” According to Forbes, the transitory change in ranking was caused by a sharp decline in the value of Musk’s share in
READ MORE »
cryptocompare

Cardano Yield Products Go Live On Mainnet, Here's How to Use Them

Role of DeFi in Cardano ecosystem is growing as new products being delivered
READ MORE »
cryptocompare

Tezos price analysis: XTZ bulls mark 1.20 percent gains as price uplifts to $0.9879

Tezos price analysis is highly bullish as a tremendous increase in price has been observed today. An uptrend has been following quite consistently since yesterday, and the price has been traveling in the upward direction quite steadily. The bullish momentum has been strong, and the price has broken above the crucial resistances of $0.994 today. … Tezos price analysis: XTZ bulls mark 1.20 percent gains as price uplifts to $0.9879 Read More »
READ MORE »
cryptocompare

Was Sam Bankman-Fried To Blame For Terra’s Unfortunate Crash In May?

The post Was Sam Bankman-Fried To Blame For Terra’s Unfortunate Crash In May? appeared first on Coinpedia Fintech News According to recent reports, federal prosecutors are investigating whether Sam Bankman-Fried, the founder of FTX, manipulated the market for two cryptocurrencies this past spring, causing their demise and setting off a chain reaction that ultimately led to the collapse of his own cryptocurrency exchange last month. It is unclear at this time what the outcome …
READ MORE »
cryptocompare

Worst Polkadot Tokens This Week: Polkadot, Chainlink, Ankr, Ontology Dipped

Worst Polkadot Tokens This Week: The tokens on the Polkadot ecosystem have shown some optimism by going slightly up today. However, some of the major tokens in the chain have plunged down in the past 7 days. Bestay has seen a double-digit downfall of 21.44%. OAX and Polkapets have fallen sharply by 9.88% and 11.09% The post Worst Polkadot Tokens This Week: Polkadot, Chainlink, Ankr, Ontology Dipped appeared first on CoinGape .
READ MORE »
cryptocompare

Ripple Execs Facing Multi-Million Fines From SEC? Lawyers Weigh In

Sasha Hodder, founder of Hodder Law Firm, has started a discussion among lawyers on Twitter about whether Ripple chiefs Brad Garlinghouse and Chris Larsen face fines in their legal battle with the U.S. Securities and Exchange Commission, and if so, what those fines might be. Hodder wrote in a tweet that if Ripple loses, Larsen
READ MORE »
cryptocompare

Centralized Crypto Exchange Bybit Integrates Decentralized Exchange ApeX Pro Onto Platform

The move had been “well under way” prior to the collapse of FTX and heightened scrutiny of centralized exchanges.
READ MORE »
cryptocompare

PayPal Expands Crypto Service Into Luxembourg

PayPal has expanded its service for buying and selling crypto to Luxembourg in what may open the door for it to be offered in other European Union countries.
READ MORE »
cointelegraph

NFTs minted on FTX break, highlighting Web2 hosting flaws

NFTs hosted on FTX platform were affected by the firm’s collapse, showing blank images instead of the original art.

READ MORE »
cryptocompare

NFTs minted on FTX break, highlighting Web2 hosting flaws

NFTs hosted on FTX platform were affected by the firm’s collapse, showing blank images instead of the original art.
READ MORE »
cryptocompare

Bitcoin Stagnates Below $17K as Extreme Fear Returns to Crypto (Market Watch)

The cryptocurrency market returned to a state of extreme fear as Bitcoin continues to stagnate below $17K.
READ MORE »
cryptocompare

Algorand Coin (ALGO) Listing On Global Crypto Exchange Koinbazar

Algorand Coin (ALGO) is now available on the global cryptocurrency exchange Koinbazar. Users can buy, trade, and withdraw ALGO on
READ MORE »
cryptocompare

Hong Kong to subject crypto exchanges to the same laws governing TradFi

The new legislation will bring a licensing regime for the virtual asset service providers requiring them to pass strict AML and money laundering guidelines.
READ MORE »
cointelegraph

Hong Kong to subject crypto exchanges to the same laws governing TradFi

The new legislation will bring a licensing regime for the virtual asset service providers requiring them to pass strict AML and money laundering guidelines.

READ MORE »
cryptocompare

Nexo climbs 8% in 24 hours; Here’s why NEXO leads the top 100 pack

As the uncertainty in the cryptocurrency market continues, caused in large part by the collapse of the crypto trading platform … Continued The post Nexo climbs 8% in 24 hours; Here’s why NEXO leads the top 100 pack appeared first on Finbold .
READ MORE »
cointelegraph

Stablecoin framework is a near-term priority for Aussie regulators

As stablecoins become widely used as a means of payment, Australia is preparing to regulate them accordingly.

READ MORE »
cointelegraph

GBTC 'elevator to hell' sees Bitcoin spot price approach 100% premium

Bad times for the Grayscale Bitcoin Trust (GBTC) get even worse this week as its discount to BTC/USD approaches 50% for the first time.

READ MORE »
cointelegraph

FTX's Bankman-Fried to face market manipulation probe, Do Kwon chimes in

As part of a broader inquiry into FTX's collapse, federal prosecutors are looking at the role that FTX and Alameda may have played in the fall of Terra LUNA.

READ MORE »
cointelegraph

Spain’s central bank to experiment with wholesale CBDCs

The Bank of Spain said the study can help determine to what extent it can adapt to the "needs and demands of an increasingly digital society.”

READ MORE »
cointelegraph

US regulator to seek feedback on DeFi's impact on financial crime

A “close look” is being taken at money laundering and terror financing laws by FinCEN as it asked banking sector players for feedback on DeFi’s crime risks.

READ MORE »
cointelegraph

Australian CBDC receives unexpected interest but could hurt banks: RBA

The pilot "eAUD" program is unique in that the Reserve Bank of Australia has not proposed use cases, and has received numerous suggestions from the industry.

READ MORE »
cointelegraph

Telegram to allow no-sim accounts via anon-blockchain-numbers

Telegram has increased its security features by enabling support from anonymous blockchain-based numbers that go for around $16.

READ MORE »
cointelegraph

Crypto lender Genesis has no solution yet for withdrawal halts

Genesis said it will take additional weeks to carve out a recovery path for its lending business.

READ MORE »
cointelegraph

Bankruptcy judge orders $44M in crypto to be returned to Celsius customers

The funds are made up crypto held within custody accounts on Celsius that had not been transferred from earn accounts.

READ MORE »
cointelegraph

Class action against Kim K, Mayweather over EMAX dismissed… for now

Despite dismissing the case, the judge acknowledged the lawsuit reflects a potentially dangerous trend of fraudulent-like promotional schemes.

READ MORE »
cointelegraph

FTX hires forensics team to find customers’ missing billions: Report

Lawyers have claimed FTX assets are either stolen or missing and now a team of financial forensic experts is attempting to trace the money trail.

READ MORE »
cointelegraph

Just 8% of Americans have a positive view of crypto: CNBC survey

CNBC’s All-America Economic Survey was conducted towards the end of November, just a few weeks after the collapse of crypto exchange FTX.

READ MORE »
cointelegraph

'Definitely on the table' — Subpoenas headed for SBF if he refuses to testify

Sam Bankman-Fried has been requested to appear before separate House and Senate Committees on the collapse of FTX under the threat of subpoena.

READ MORE »
cointelegraph

Coinbase CEO says trading revenue has fallen to ‘roughly half’ what it was last year

The cryptocurrency exchange had previously reported that it expected losses of $500 million this year amid the bear market.

READ MORE »
cointelegraph

Blockchain is the only viable path to privacy and censorship resistance in the 21st century

Decentralized file-sharing services that Big Tech companies can’t control are the only way internet users will be able to maintain their freedom in the years ahead.

READ MORE »
cointelegraph

Buy the rumor, sell the news? Chainlink (LINK) price drops after staking launch

LINK Marines pile in as Chainlink staking launches, but will the event turn out to be a buy the rumor and sell the news event for the altcoin’s price?

READ MORE »
cointelegraph

Crypto consumer protection, proof-of-reserves bills introduced into US Congress

New York Democrat Ritchie Torres introduced the short bills, which are meant to supplement more comprehensive legislation, earlier this month with little fanfare.

READ MORE »
cointelegraph

ECB official proposes ban on tokens with an ‘excessive ecological footprint’

EU officials previously rejected an outright ban on crypto mining, but the Markets in Crypto Assets bill could require firms to report any potential environmental impact.

READ MORE »
cointelegraph

Price analysis 12/7: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI

The current weakness in BTC and major altcoins shows that investor sentiment remains negative and that bears are active at higher levels.

READ MORE »
cointelegraph

Binance US eliminates trading fees for Ethereum

This announcement comes months after the crypto exchange removed all trading fees for Bitcoin transactions.

READ MORE »
cointelegraph

Meta ‘powering through’ metaverse plans: Nifty Newsletter, Nov. 30–Dec. 6

Meta CEO Mark Zuckerberg highlighted that the company is hopeful about the metaverse despite costing billions of dollars.

READ MORE »
cointelegraph

Cardano’s MuesliSwap introduces ‘organic APR,’ drawing praise, criticism

The new feature increases token emissions if more liquidity is put into the pool. Crypto Twitter is divided, to say the least.

READ MORE »
cointelegraph

Bitcoin options data shows bulls aiming for $17K BTC price by Friday’s expiry

BTC bulls could secure a $130 million profit in the Dec. 9 options expiry, but bears aim to balance the scales by keeping Bitcoin price below $17,000.

READ MORE »
cointelegraph

Rep. Torres asks US GAO to investigate SEC ‘failure’ to protect public against FTX

Torres is a crypto supporter who has questioned the performance of the SEC before; he has written new legislation on crypto companies’ proof of reserves and comingling of funds.

READ MORE »
cointelegraph

The blockchain trilemma: Can it ever be tackled?

Blockchain trilemma is arguably the hardest technical problem to solve within Web3. How are blockchain networks approaching this?

READ MORE »
cointelegraph

Taylor Swift had a $100M FTX sponsorship deal fall apart prior to its bankruptcy: Report

Celebrities in sports and entertainment including comedian Larry David, tennis star Naomi Osaka, NFL quarterback Tom Brady and NBA point guard Stephen Curry promoted FTX.

READ MORE »