In an era of AI-generated content abundance and concerns about censorship, analysts at research and brokerage firm Bernstein say blockchain technology has a unique role to play in the pursuit of truth.A look back at the past few weeks, which saw Facebook founder Mark Zuckerberg admit to consenting to COVID-related censorship in 2021, Telegram CEO Pavel Durov arrested in France for allegedly failing to moderate content, and X feuding with Brazil over its failure to remove misinformation, Gautam Addagni, Mahika Sapra, and Sanskar Chindalia wrote in a note to clients on Tuesday that the “immutable ledger” nature of blockchain technology…
Author: Crypto Flexs
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Cryptocurrency investment products saw $305 million in outflows, with Bitcoin and Ethereum ETFs showing mixed performance. Bitcoin has seen gains since the launch of the ETF, while Ethereum has struggled to reach expected price levels. While the overall market is bullish, the global cryptocurrency market cap has increased by 2.79% in the last 24 hours with most coins up by more than 2%, but concerns are growing as the weekly chart shows declines exceeding 5%. Cryptocurrency Investment Products at Risk Even more concerning is the significant outflow of funds from cryptocurrency investment products. According to a recent report from CoinShares,…
Louisa Crawford Sep 3, 2024 05:37 AssemblyAI releases a C# .NET SDK that enables developers to transcribe and analyze audio and apply LLM using LeMUR. AssemblyAI has announced the release of a new C# .NET SDK designed to facilitate audio transcription and analysis for developers using .NET languages such as C#, VB.NET, and F#. According to AssemblyAI, the SDK aims to simplify the use of AssemblyAI’s advanced Speech AI models. Key Features and Objectives The SDK was developed with several key goals in mind: Provides an intuitive interface to all AssemblyAI models and…
Bitcoin bounced back in the final moments on September 3rd, trading near $59,000 after posting a daily gain of 3.2%.BTC/USD 1-day chart. Source: TradingViewBTC Price: First Week in the ‘Green’ Could Be September’s OutlierBitcoin (BTC) price action has been positive ahead of the first U.S. trading session of the week, according to data provided by Cointelegraph Markets Pro and TradingView.The weakness at the monthly and weekly closes was short-lived, with BTC/USD surging to a high of $59,800 overnight despite the US market closure.Popular trader Skew summarized his latest analysis on X’s 4-hour chart: “Constructive close and confirmation, looking pretty good…
Vega Protocol, a cryptocurrency derivatives trading platform, has proposed to scrap its blockchain and discontinue official support for its native token, VEGA. In an August 30 blog post, Vega said the proposal was made to “focus development and promotion” of the protocol software and to announce the launch of a new project called “Nebula.”Vega said Nebula will be a “fully retail decentralized exchange (DEX) with guaranteed liquidity” built on the Vega protocol. “Nebula will have its own NEB token, and VEGA token holders will be given the opportunity to exchange VEGA for this new token,” Vega wrote. The official proposal…
August 29, 2024 | approval Track real-time market signals for 22 technical analysis oscillators and moving averages on the Kraken Pro layout. Kraken Pro is pleased to introduce a comprehensive new tool to its web trading interface: the Technical Analysis (TA) widget. This feature provides real-time market signals for 22 technical analysis oscillators and moving averages, allowing you to detect overbought or oversold market conditions directly from your trading layout, allowing you to make more informed decisions. The Technical Analysis widget is designed to integrate seamlessly into your customizable Kraken Pro layout, providing detailed insight into market sentiment across two…
Securities and Exchange Commission (SEC) Commissioner Mark T. Uyeda said in a fireside chat at the Korea Blockchain Week 2024 event in Seoul on Tuesday that the agency needs to create a superior S-1 registration form for digital asset securities.The S-1 form is a registration statement that U.S. issuers must file with the SEC before offering new securities. It contains various disclosures, such as income statements and cash flow statements.Uyeda used registered index-linked annuities to explain that the SEC’s standard registration forms may not be appropriate for certain financial products. He said the SEC works with product sponsors to develop…
Tony Kim Sep 3, 2024 08:38 Bitfinex announced that it is listing Polygon (MATIC)’s native token, POL, improving trading opportunities for users. Bitfinex recently announced plans to list POL, the native token of the Polygon (MATIC) network, according to a press release from the exchange. The move will enhance trading options and liquidity We built the platform to meet the growing demand for the Polygon ecosystem. Details of the list POL is scheduled to be listed on Bitfinex on September 2, 2024. Users will be able to deposit, trade, and withdraw POL tokens to…
HBAR Foundation CEO resigns months after BlackRock controversy Hedera’s Hashgraph Increases Revenue by 26% Due to Network Fees HBAR is looking to establish a base above $0.05 with a daily bounce rate of 3%. Hedera Hashgraph (HBAR) has continued to make headlines this year, thanks to its institutional momentum and frequent collaborations with well-established brands. However, HBAR’s native currency has been mired in underperformance, falling more than 91% from its all-time high of $0.56 three years ago.HBAR Foundation Pulls Plug on CEOHedera’s blockchain suffered a reputational blow when it was falsely reported that Hedera Hashgraph had a deal with investment…
Policy • September 3, 2024 2:25 AM EDT Posted 1 minute earlier ~ in Updated: September 3, 2024, 3:32 AM EDT Polymarket traders are betting that the federal funds rate will be cut at the Federal Reserve Board (FOMC) meeting scheduled for September 17-18, 2024.That sentiment is reflected in the $10.9 million in bets, with 77% of bets being for a 25 basis point cut, 21% for a 50 basis point cut and just a 3% chance of no cut.Several factors have contributed to the expected rate cut: falling inflation supports the need for rate cuts, and a weakening jobs…