Alethea AI’s users leverage a new revenue model to support their favorite synthetic AI-generated memes. Alethea AI,a decentralized synthetic media marketplace that lets anyone create and monetize AI-generated media, has officially launched a new revenue model leveraging Decentralized Finance(DeFi) for content creators on March 30. DeFi plays an important role Alethea AI’s users can now…
Read more
Climate change caused by carbon emissions might be one reason for such a terrible global COVID-19 pandemic scenario. JPMorgan Chase, the first American bank to create and successfully test a digital coin representing a fiat currency, also provided the most fossil fuel financing out of any bank in the world, according to a 2019 report…
Read more
The payment portal for crypto exchange Coinbase passed $200 million in transactions from the platform’s 8,000 integrated retailers. Coinbase Commerce, a platform that supports cryptocurrency payments for internet retailers, just passed $200 million in total transactions processed over its two-year history. According to sources available to Cointelegraph, the wing of the largest crypto exchange in…
Read more
A survey of Kraken’s VIP traders has found that most expect the price of Bitcoin to break into record highs this year. A user poll conducted by Kraken has revealed that most traders are expecting Bitcoin (BTC) to break into new all-time highs before 2021. The poll analyzed the responses of 400 “VIP” crypto traders…
Read more
Cryptocurrency is an alternative to sovereign currencies that are issued by state governments, but national digital currencies are not so far away from being launched. Over 30 years ago, in a January 1988 cover story emblazoned with a phoenix hovering over a paper-money inferno, The Economist offered this semi-prophetic vision of currency: “Thirty years from…
Read more
According to the Coin Metrics report, stablecoins’ transfer value hit an all-time high following the crypto bloodbath on March 12. Blockchain analysis company Coin Metrics has found that while Bitcoin (BTC) was experiencing its biggest daily drop in the last seven years, stablecoins reaped the benefits. Coin Metrics, which conducts analysis of various aspects of…
Read more
Huobi sits in second place. Binance has more than $1 billion in ERC-20-based stablecoins as of March 24. This figure surpasses a milestone that quite far ahead of second-place Huobi. Binance holds $1,007,585,549 of these stablecoins as of press time, a balance that has grown some $105,583,132 over the past seven days, according to the…
Read more
Swiss crypto bank Sygnum has launched what it describes as the first CHF-backed stablecoin to be issued by a regulated financial institution. Pioneering Swiss crypto bank Sygnum unveiled a stablecoin pegged to the Swiss franc on March 20. Sygnum’s ‘DCHF’ “settlement token” is backed 1:1 by funds held with the Swiss National Bank. According to…
Read more
The Maker Foundation has rejected accusations that it has participated in its own recent debt auctions. MakerDAO (MKR) has denied accusations that the Maker Foundation placed the winning bids in all of its recent debt auctions. In a statement shared with Cointelegraph, the Maker Foundation states that it “is not purchasing MKR in the auctions.”…
Read more
As Facebook’s Libra members flock to the competing Celo Alliance project, Cointelegraph unpacks its goals and specs to figure out why. Several members of the Facebook-backed Libra Project have announced their alliance with a rival stablecoin project known as Celo. Since the middle of March, members that have joined the Celo Alliance for Prosperity include,…
Read more
