Alvin Lang 12 Aug 2024 16:05 The IOTA Foundation introduces a prototype that simplifies intellectual property management using blockchain technology and smart contracts. The IOTA Foundation has unveiled a groundbreaking solution prototype designed to streamline the management of intellectual property rights (IPR). Developed as part of the European Blockchain Pre-Commercial Procurement Initiative funded by the European Commission, the new platform leverages distributed ledger technology (DLTAccording to the IOTA Foundation blog, ) and smart contracts will be used to enhance transparency and efficiency in IPR management. Enhanced IPR Management The IPR Marketplace platform developed by…
Author: Crypto Flexs
Read More
Bitcoin (BTC) experienced a significant volatility spike on August 12, initially dropping 3.2% to $57,844 in less than an hour, but then rebounding 5% to $60,700 in the next 30 minutes. This price action reflects uncertainty surrounding the macroeconomic situation, particularly following comments from the U.S. Federal Reserve (Fed) governor over the weekend. These comments sent gold prices soaring to $2,458, just 1% below its all-time high.A recession is the biggest risk to the Bitcoin price crash.Now, traders are questioning whether Bitcoin can retest its low since August 5 at $49,248, as interest in leveraged BTC longs wanes and the…
Sui, a layer 1 blockchain, has more than doubled its gains from its lows over the past seven days, outperforming most of the top 100 altcoins. SUI was trading at $1.12 early Monday morning, up 148% in a week after reaching levels of $0.45 on August 5. In May, Sui unlocked 1.04 billion SUI tokens, which was 10.4% of the maximum supply of 10 billion and 39% of the market cap at the time. In early June, early July, and early August, 0.87%, 0.86%, and 0.84% of the maximum supply were released respectively. For SUI, similar unlocks are scheduled monthly…
A couple who founded a company called NovaTech Ltd. are accused of running a pyramid scheme that amassed more than $650 million in cryptocurrency, according to the U.S. Securities and Exchange Commission.Regulator On Monday Speaking to NovaTech founders Cynthia and Eddy Petion, their company and public relations representative: We would like to thank Martin Gigi, Daphilinu Dunbar, James Corbett, Corey Sampson, John Garofano and Marsha Hadley for their role in promoting NovaTech to investors.According to the SEC, the scheme affected more than 200,000 investors worldwide, including many members of the Haitian-American community.”Certain defendants targeted the Haitian-American community and other similar…
Tony Kim 12 Aug 2024 16:24 Binance has announced that it will delist CVP, EPX, FOR, LOOM, REEF, and VGX from its platform starting August 26, 2024, citing the need to maintain high standards. Binance, one of the world’s largest cryptocurrency exchanges, will be delisting several digital assets from its platform starting August 26, 2024. According to an official announcement from Binance, the affected assets include CVP, EPX, FOR, LOOM, REEF, and VGX. Delisting Criteria The decision to delist these tokens was made after a comprehensive review process. Binance regularly evaluates digital assets listed…
Prominent crypto educator and analyst Duo Nine asked the question no one wanted to hear: “What if there is no altcoin season?” and presented several data points to back up his rhetoric. Altcoin season is an informal term to describe a phase where investing in altcoins can yield higher returns than pouring capital into Bitcoin (BTC). Analyst Explains Altcoin Season Delay After the fourth Bitcoin halving, the next major focus in the cryptocurrency market, aside from the approval and launch of an Ethereum ETF (exchange-traded fund), was the anticipation of the altcoin season. Typically, several major events lead to this…
As cryptocurrencies become an increasingly prominent issue in this year’s presidential election, a new poll released by investment firm Paradigm shows that 18% of Democrats have purchased cryptocurrency, a number that is likely to increase next year.Nine percent of Democrats said they were “very likely” to invest in cryptocurrencies in the next year, while 18 percent said they were “somewhat likely” to invest. However, 54 percent of Democrats said they were “not at all” likely to invest in cryptocurrencies. vote.Only 8% of those surveyed said they own more than $1,000 worth of cryptocurrency, while only 5% said they own more…
Jack Anderson 12 Aug 2024 15:17 The Hong Kong Monetary Authority plans to implement system improvements to the Faster Payment System (FPS) on 18 August 2024, which may result in temporary service disruptions. The Hong Kong Monetary Authority (HKMA) has announced a planned system upgrade to the Faster Payments System (FPS) on 18 August 2024. According to official sources, the upgrade will result in a temporary service interruption from 1am to 11am on that day. Details of planned outages Hong Kong Interbank Clearing Limited, the operator of FPS, will be carrying out system improvements.…
Ted Hisokawa Aug 9, 2024 03:23 CoreWeave has appointed Chen Goldberg and Sachin Jain as executives to strengthen the company’s leadership as the company pursues significant growth and expansion into European markets. CoreWeave Welcomes Industry Veterans AI hyperscaler CoreWeave has announced the appointment of Chen Goldberg as SVP of Engineering and Sachin Jain as COO. The move comes as the company has gained significant momentum, having recently raised $12 billion from top-tier equity and debt investors and announced expansion into Europe, according to PRNewswire. Chen Goldberg joins CoreWeave from Google, where she played a…
Fantom could potentially experience a 234% price increase due to a hidden bullish divergence. Jayvon Marks predicted that the FTM price could soar to $3, which could trigger a significant uptrend. Fantom (FTM) has experienced less returns this year than other major altcoins. While altcoins like Solana and Toncoin have surged by over 100%, FTM has only gained 40% since the start of the year. Recently, FTM has faced downward pressure, falling 5.7% over the past day to a current price of $0.3393. Despite this short-term downturn, the asset has performed strongly over the past week, rising more than 15%…