Author: CryptooTimes
The report, released Wednesday, highlights why law enforcement authorities worldwide have concerns about the growing use of crypto ATMs, which take fiat currency and send crypto to the desired digital wallet. In 2023 alone, 79% of all illicit cash-to-crypto tranfers, over $30 million, went to known scam addresses through cash-to-crypto services.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BNB and LTC have been range-bound, but excitement grows as DTX Exchange’s Testnet launch. Binance Coin (BNB) and Litecoin (LTC) have displayed a disappointing trajectory for the past few days with their prices in a range-bound motion. With global investors legging up to turn capital funnels back into cryptocurrencies, bullish predictions fuel excitement among Binance Coin (BNB) and Litecoin (LTC) communities with DTX Exchange’s testnet launch under the spotlight. Binance coin bulls stand tall amid strategic partnerships Binance Coin…
August was the lowest revenue month for Bitcoin miners so far in 2024 and the worst revenue month since September last year.
Banks are also exposed to political uncertainty as a new legislation could “change validator behaviour,” making the “blockchains themselves operationally unstable.” A ban for instance could “reduce the amount of computing power or staked native tokens available to secure the blockchain, temporarily increasing the risk of a 51% attack,” in which ”a coordinated effort is put forward to control greater than 50% of the validation nodes.”
The non-fungible token industry remained under pressure in August as sales continued falling. Total NFT sales dropped by 41% in August to $376 million as the number of buyers and sellers fell by double digits. Data by CryptoSlam shows that the number of buyers dropped by 29% to 127,913 while the number of sellers fell by 17% to 93,600. Additionally, total NFT transactions declined by 50% to 7.4 million, signaling that demand for these assets has waned. At the peak in January 2022, total monthly sales were over $6.5 billion while the number of unique buyers and sellers stood at…
The feature could be very useful, but privacy analysts have raised concerns over its reach.
CIP-1694, an official “Cardano Improvement Proposal,” describes the new community governance structure and establishes three user-led governance bodies: the Constitutional Committee, Delegate Representatives (dReps), and Stake Pool Operators (SPOs). Moving forward, Cardano’s three founding entities—the Cardano Foundation, Input Output Global (IOHK) and Emurgo—will no longer have the keys to trigger chain upgrades or “hard forks.” Instead, that responsibility will be delegated to the new governance groups.
The latest deal in the blockchain space will mesh old-school finance with next-generation gaming. SBI backs Oasys SBI Holdings Inc., founded in 1999, is touted as one of the largest financial conglomerates in Japan. It specializes in traditional finance (aka tradfi), including asset management and venture capital. Over the past few years, the firm started integrating blockchain technology into its services. It even developed its own cryptocurrency exchange called SBI VC Trade. As of Aug. 29, a new segment is being added to its portfolio via a partnership with the Oasys blockchain network: gaming. The Tokyo-based firm invested an undisclosed…
If investors want to see a bull run take off this cycle, they should shift their attention from memecoins to AI and real-world assets.
Screenshot: Square Enix / KotakuThere’s no outfit in gaming with a stronger history of telling tales about picking fights with God than Square Enix. Literally or metaphorically, from Final Fantasy Legend/SaGa and Star Ocean to Xenogears and even some Final Fantasies, a foundational narrative in which our heroes push back against a cruel, manipulative creator is like a spinal cord holding up many a juggernaut of Japanese RPG canon. But another enduring Square Enix series, quietly running just as long as the others, takes the opposite approach, embracing the positive side of religion and mythology. These are games about unity,…
