Today at Chaintalk News

July 12, 2024

The Weekly Report: Japanese Rising Blockchain, Cryptocurrency Tracking Software

cointelegraph

Nigeria’s blockchain future depends on local talent, experts say

Local experts note that if Nigeria adopts a foreign blockchain it would be difficult for the country to stamp its influence on key blockchain decisions. 

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cointelegraph

Buying the dip? Bitcoin institutional investors add 100K BTC in a week

BTC price action may be flagging, but large-volume Bitcoin investors are buying, not capitulating, data shows.

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cointelegraph

Crypto holders predicted to triple by 2026, says Lunu CEO

The current 560 million crypto holders could triple in number during the next two years, but user experience remains the biggest challenge.

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cointelegraph

Dough Finance loses $1.8M in flash loan attack

The attacker exploited unvalidated calldata, resulting in 608 ETH being stolen.

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cointelegraph

German gov’t Bitcoin wallet drops to 5,800 BTC after major sale

With 5,800 Bitcoin remaining, the German government has sold 88.4% of its original 50,000 BTC.

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cointelegraph

Crypto execs on DeFi domain hacks: Don’t interact with crypto for now

CoinGecko founder Bobby Ong explained that after Google sold its domain business to Squarespace, two-factor authentication was removed due to the forced migration of domains.

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cointelegraph

Crypto trading volume to exceed $108T in 2024, with Europe in the lead

Crypto trading volume is projected to surpass $108 trillion in 2024, with Europe leading in global transaction value and Binance being the most dominant exchange worldwide.

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cointelegraph

UK Law Commission sees no need for DAO-specific legal entity

The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks.

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cointelegraph

New bill suggests thwarting AI copycats, deepfakes with watermarks

A bipartisan group of senators has introduced a new bill to tackle deep fakes, copyright infringement and AI training on data it’s not supposed to.

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cointelegraph

Germany has 9K Bitcoin left just 3 weeks after it started selling

Germany’s Bitcoin stack briefly dipped below 5,000 BTC after a large amount of funds was sent to Coinbase, Bitstamp and Kraken, but it has since moved some back.

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cointelegraph

Elon Musk did not volunteer his sperm to seed a colony on Mars

Billionaire tech CEO Elon Musk is certainly very hands-on with his work, but not to that extent, apparently.

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cointelegraph

Singapore ‘not ready’ for Bitcoin ETFs, sneaky crypto mining rig importer: Asia Express

Singapore isn’t in a rush to list crypto ETFs, according to SGX CEO this week as Philippines charges two over a $6M XRP hot wallet hack.

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cointelegraph

US senators strike deal to push ban on lawmaker stock trading

A bipartisan group of 20 US senators has reached a new agreement on legislation that would ban all members of Congress from trading stocks.

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cointelegraph

IREN tumbles after short seller calls miner ‘Prius at the Grand Prix’

Crypto miner IREN, formerly known as Iris Energy, fell 24% on the Nasdaq following a short-seller report.

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cointelegraph

Bitcoin index falls to ‘extreme fear’ as BTC fails twice to breach $60K

Bitcoin’s Fear & Greed Index has tumbled to “extreme fear” for the first time since January 2023, as BTC struggles to reclaim a crucial price level.

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cointelegraph

US lawmaker asks Congress to treat Binance exec in Nigeria as a ‘hostage’

Rep. Rich McCormick called on the US government to formally declare Tigran Gambaryan as a hostage if his criminal case in Nigeria was not resolved by mid-July.

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cointelegraph

Former OpenAI employee quit to avoid ‘working for the Titanic of AI’

The real question is: Who or what is the iceberg in this scenario?

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cointelegraph

Bitcoin price struggles as investors expect Fed interest rate cuts — Why?

Bitcoin price is stuck in a downtrend even though investors are betting on Fed interest rate cuts. What gives?

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cointelegraph

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

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cointelegraph

Judge has ‘strong views’ about Coinbase inquiry into Gensler’s private msgs

Judge Katherine Polk Failla said she would hear from SEC and Coinbase lawyers on July 15 whether SEC Chair Gary Gensler’s private communications on crypto were fair game.

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cointelegraph

Bahamians didn't want CBDCs — So now they're being forced to use them

Regulators in the Bahamas are sick of their citizens' reluctance to adopt a CBDC, so they're forcing commercial banks to get on board.

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cointelegraph

Why is Bitcoin price stuck?

Bitcoin price is stuck in a downtrend as sellers across the market refuse to relent.

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cointelegraph

BitcoinBlack deal brings crypto payments to telehealth, prescription drugs

Cardholders will be able to order and pay for prescriptions using crypto, the company says.

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cointelegraph

Bitcoin price will hit $330K this bull cycle — Analyst

Institutions are buying as Bitcoin dips under $60,000, strengthening the long-term bullish outlook for BTC’s price.

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cointelegraph

FDIC nominee Goldsmith Romero says banks can custody digital assets

The Federal Deposit Insurance Corporation chair nominee stated her position amid the failure of Congress to overturn the SAB-121 veto.

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cointelegraph

DeFi apps targeted in apparent Squarespace DNS registry attack: Blockaid

Several DeFi apps have been targeted by a domain hijacker who may have discovered an exploit in Squarespace’s registry system, Blockaid stated.

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cointelegraph

Tony Blair Institute says AI is good for UK because ChatGPT said so

According to the researchers, automation will save the UK billions starting almost immediately, but outside analysts aren’t so sure.

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cointelegraph

Portal introduces ‘PortalPay’ interoperability for blockchain gaming

Portal aims to become the “Stripe of crypto” by lowering common barriers to entry for players eyeing blockchain video games.

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cointelegraph

Stop piling into leveraged Bitcoin ETFs and consider this instead

Leveraged Bitcoin ETFs are popular, but they often massively underperform the alternatives for crypto futures trading.

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cointelegraph

Coinbase launches unified onchain monitoring through new wallet app

Coinbase’s new wallet app will allow users to connect any self-custodial wallet for an aggregated view of assets.

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