The UK government has introduced a bill to parliament that seeks to formally define crypto assets, including non-fungible tokens and real assets, as property. “Previously, digital property was not clearly within the scope of property law in England and Wales, leaving owners in a legal grey area when their assets were infringed,” Heidi Alexander MP, the Minister for Justice, wrote in a press release on Wednesday.Describing the bill as a “first in British history”, the department noted that there are currently two types of property in the UK: “possessions” (e.g. gold, money, cars) and “traits” (e.g. debts, shares). If passed,…
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Lawrence Jengar Sep 06, 2024 06:17 Through Binance’s Learn & Earn program, KYC verified users can earn RAD rewards by completing blockchain courses and quizzes. Leading cryptocurrency exchange Binance has announced the launch of the next round of its ‘Learn & Earn’ program, which will give users the opportunity to earn RAD rewards by completing educational courses and quizzes on blockchain technology. According to Binance, the initiative will run from September 5, 2024, 09:00 UTC to September 19, 2024, 09:00 UTC. Eligibility and Participation All users who have passed KYC verification can participate in…
Kamala Harris and Donald Trump spark controversy with ‘unstable’ debate Both presidential candidates intentionally skipped the cryptocurrency discussion. Donald Trump-themed TRUMP coin falls 80% from all-time high The first presidential debate between Donald Trump and Kamala Harris sparked controversy across the country and beyond. As the first debate after President Joe Biden’s departure, the ABC-hosted event played into the sentiment surrounding political meme coins. Holders of the Trump-flavored MAGA (TRUMP) meme coin were shocked by the sudden plunge below $3, a level not seen since August 21, 2024. MAGA plummeted from $3.42 to $2.92 in about an hour, wiping out…
Happy Wednesday! Today’s Daily features the Trump vs. Harris US Presidential Debate fueling risk aversion in crypto markets, Indonesian crypto exchange Indodax faces $20 million in fraud, and Matter Labs hires Solana Foundation’s VP of marketing.Let’s get started.US Presidential Debate Fuels Risk Aversion in Crypto MarketsLast night’s US presidential debate turned into a “news selling” event, sparking risk aversion in crypto markets amid consensus that Donald Trump underperformed in his matchup with Kamala Harris, according to Bitfinex analysts. The price of Bitcoin fell 2.6% from around $57,700 to $56,100 in the hours immediately following the televised debate, but later recovered.…
Terryl Dickey Sep 06, 2024 06:55 Learn how to build a Discord voice bot that integrates ChatGPT for intelligent responses using Node.js, AssemblyAI, and ElevenLabs. Discord, a popular instant messaging and social media platform, is widely favored by online communities, streamers, and gamers. One of its most valuable features is voice channels, which allow members to connect via voice and video. Another important advantage of Discord, especially for developers, is its customization capabilities, allowing them to create bots that add new functionality. According to AssemblyAI, this tutorial will walk you through the process of…
A widely known cryptocurrency strategist believes that Ethereum (ETH) and its competitor Solana (SOL) are set to see a sharp recovery. Anonymous analyst Kaleo tells his 647,300 followers on social media platform X that his bearish scenario for Ethereum, starting with the top smart contract protocol, is no longer valid. The trader shares a chart suggesting that ETH has already formed a local bottom and is now ready for a major rally. “The yellow line is cursed. The white lines in this thread have been and will continue to be marked with goats. Please try running it again.” Source: Kaleo/X…
Dogecoin (DOGE), the dog-themed meme coin, has found solid resistance at the $0.1055 level, with bears eyeing a potential retest of the $0.0890 support level. As seen on the daily chart, this threshold is a key area of interest for traders as it has fueled the bullish momentum that has recently driven DOGE to current levels. The question remains, will the bears achieve their goal? DOGE price movement The DOGE token has been very volatile over the past month, with the price hitting a low of $0.08979 before breaking above the $0.095 support level. This sentiment is also reflected on…
Ether (ETH) price is trading at its lowest price in 40 months versus Bitcoin and is still lagging BTC price performance in 2024.ETH is up 0.02% from its opening price on January 1, while Bitcoin (BTC) has surged by about 36% in 2024.Ether, Bitcoin Year-to-Date Performance. Source: TradingViewLet’s look at some of the reasons for Ethereum’s continued underperformance.ETH has been in a downtrend against BTC over the last 90 days.Ether has fallen 34% over the past 90 days, which is lower than Bitcoin, which has fallen 15% over the same period. The ETH/BTC rate has also fallen by around 22%…
The number of blockchain loyalty rewards programs has grown significantly in recent years as the Web3 and decentralized application (DApp) sectors mature. However, young adults, the most coveted consumer demographic, appear to prefer a participatory monetization paradigm with a focused ecosystem. Statistics show that over the past decade, most Web3 and cryptocurrency products have seen their engagement peak during periods such as airdrops or other limited incentive windows. While there are numerous exceptions, most projects that fail to gain consumer traction in the first few months after launch tend to trend poorly. Loyalty ProgramThe self-sustaining economy of providing incentives to…
Posted 1 minute earlier ~ in Updated: September 11, 2024 4:19 PM EDT The DEX landscape is becoming somewhat more diversified, with Uniswap’s once dominant market share steadily eroding. This shift in market share could signal more competition and innovation in decentralized trading. Uniswap’s market share has fallen from over 50% in October 2023 to 36% today. As Uniswap’s dominance dwindles, new entrants are eagerly eating up market share. Aerodrome has a respectable 7% of the market, thanks to impressive growth in Base Layer 2. Another winner of Uniswap’s decline is Orca, which grew from 9% at the start of…