SOL, AVAX and DYDX rank among the top-performing altcoins this month. Cointelegraph investigates what is behind the move. On Nov. 15, several altcoins continued to show strength alongside Bitcoin (BTC), which notched an intra-day high at $37,400. Leading into the week, DYDX, Solana’s SOL (SOL) and Avalanche’s AVAX (AVAX) currently reflect double-digit gains, with each…
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As the metaverse loses its appeal to some global tech leaders, MetaMinds Group CEO Sandra Helou argues that failures in metaverse initiatives resulted from a lack of proper business models. The metaverse may no longer have mainstream appeal to some global tech leaders compared to two years ago. However, weaknesses in the testing of the…
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Stefan Thomas, the former chief technology officer at Ripple, has an IronKey hard drive containing 7,002 BTC with only two attempts at guessing a password remaining. A company is petitioning former Ripple chief technology officer Stefan Thomas for a hard drive containing more than 7,000 Bitcoin (BTC) that he has been unable to access for…
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Transak’s compliance chief James Young told Cointelegraph that while the U.K.’s new crypto marketing rules are good for the industry, they still pose challenges to some firms operating in the decentralized space. On Oct. 8, the United Kingdom’s Financial Conduct Authority (FCA) imposed new marketing rules compelling cryptocurrency firms to promote their products and services clearly,…
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Exchange-traded fund analyst Eric Balchunas said the addition was “all part of the process” of a crypto ETF being listed and traded and a positive sign for SEC approval. The iShares spot Bitcoin exchange-traded fund (ETF) proposed by investment firm BlackRock has been listed on the Depository Trust & Clearing Corporation (DTCC), suggesting potential approval…
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Advancements in AI have made it possible to create deepfake videos and voices in which scammers write the scripts to try and illegally obtain others’ crypto. American venture capitalist Tim Draper issued a warning on social media that scammers are attempting to con crypto users using an artificial intelligence (AI) voice generator. In an Oct.…
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A crypto mining operation near a Microsoft facility that supported the Pentagon was reportedly under scrutiny by U.S. officials. Officials within the United States government were reportedly keeping tabs on certain cryptocurrency mining operations with ties to China. According to an Oct. 13 report from The New York Times, many Bitcoin (BTC) data centers based…
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The XRP price has had a rollercoaster growth trajectory which was mostly hindered by the US Securities and Exchange Commission (SEC) filing a lawsuit against Ripple. But a lot of the altcoin’s performances over the months have been rather predictable, and with its history, we can get an idea of what to expect for the…
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The wallet manufacturer reportedly had around 734 employees at the time of publication, suggesting roughly 88 people may have lost their jobs. Pascal Gauthier, CEO and chair of hardware crypto wallet manufacturer Ledger, has announced the firm will be reducing its staff by 12%. In an Oct. 5 blog post, Gauthier said the staff cuts…
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Bloomberg analyst Eric Balchunas speculated that the SEC may have pressured Valkyrie to halt ETH futures contract purchases until the ETF was officially approved. Asset management firm Valkyrie has said it will hold out for the United States Securities and Exchange Commission to approve an exchange-traded fund, or ETF, with exposure to Ether (ETH) futures…
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