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December 12, 2023

A Difficult Truth: The Unspoken Mismatch of Web3 and Generative AI

Generative AI workloads are designed to be computationally intensive, running on highly parallelizable GPUs. What role does that leave for blockchain? Jesus Rodriguez, of IntoTheBlock, explores one possible solution.

News
December 12, 2023

Cathie Wood’s ARK Invest Offloads Nearly $13M Worth of Grayscale Bitcoin Trust Shares

Digital asset manager Grayscale’s bitcoin investment vehicle’s shares fell 8.6% Monday, reflecting the day’s 5.8% drop in bitcoin.

News
December 12, 2023

China to Verify Citizens’ Identities With New Blockchain-Based Platform

The announcement follows a government rule change to require social media influencers to display their real names.

News
December 12, 2023

World’s First Bitcoin Bonds Receive Regulatory Approval in El Salvador

The bonds are expected to launch in Q1 of 2024, several posts amplified on social platform X by President Nayib Bukele suggest.

News
December 12, 2023

Bitcoin, Ether Drop Spurs $500M in Liquidations, But BTC Entering “Never Seen Before” Era

“Due to the rise of Ordinals and Bitcoin L2s, there are reasons to be bullish on the Bitcoin ecosystem. We are entering an era of Bitcoin that we have never seen before,” one market watcher told CoinDesk.

News
December 11, 2023

Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts

Bitcoin endured its worst daily drawdowns in 4 months, dipping over 7% to nearly $40,000. $XRP, $LINK, $ADA declined 8%-10%.

News
December 11, 2023

Explaining Bitcoin’s ‘Flash Crash’

The cryptocurrency’s volatility cuts both ways.

News
December 11, 2023

Binance’s Market Share of Crypto Trading Tumbled to 30% in 2023

The exchange has also witnessed a drop in its trading volume amidst the regulatory crackdown on the entity in the U.S.

News
December 11, 2023

FCA Slow to Take Crypto Enforcement Action, UK’s Public Spending Watchdog Says

Even when the financial regulator has the power to act, years can go by before it takes enforcement action, the U.K.’s National Audit Office said.

News
December 11, 2023

Seamless Protocol Issues SEAM, Bags First Base-Blockchain Token Listing on Coinbase

Seamless previously operated the “OG Points” program, allowing thousands of users to earn points in their on-chain wallets.

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