The first spot Ether ETF application has been submitted in the United States. Google Allows NFT Advertising, Crypto.com’s Mistake Will Put Mom in Community Service?! This week we bring you these stories and more in cryptocurrency. Spot Ether ETF filed in the US Cathie Wood’s Ark Invest is collaborating with 21Shares to explore launching the first spot Ethereum ETF in the United States. An application filed with the SEC names Coinbase as custodian. This means that the cryptocurrency exchange holds Ethereum backing the ETF shares. If approved, the fund will trade on the Cboe BZX Exchange. Google Allows NFT Game…
Author: Crypto Flexs
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Hello cryptocurrency adventurers, this is John again. “Exploring new frontiers: My journey with Immutable” and “The Future of Cryptocurrency Gaming: Trader Insights on Market Dynamics and Investment Strategies,” I know I’m deeply invested in the intersection of gaming and blockchain. This December I will be focusing on three projects that are redefining this space: Superverse, Shrapnel, and Virtua. Let’s find out why this is not just a game, but a revolution in creation. Why games and blockchain? We are at the intersection of two great worlds: gaming, an industry centered around immersive experiences and communities, and blockchain, a technology redefining…
Posted 1 minute ago In ~ Cosmos-based smart contract platform Neutron has acquired a 25% stake in Confio, a software company known for developing CosmWasm. This investment and strategic collaboration aims to increase CosmWasm adoption and align the development strategies of Neutron and Confio. Neutron did not disclose the investment amount. CosmWasm can run smart contracts as a native virtual machine on Cosmos-based blockchains such as Neutron and Osmosis. The investment plan is to drive adoption of CosmWasm and bring about technological improvements through close collaboration with Neutron. According to Neutron, it will focus on key web3 areas such as…
Recently, Meta celebrated the 10th anniversary of its Fundamental Artificial Intelligence Research (FAIR) team. The event highlighted Yann LeCun’s views on the current state and future potential of artificial intelligence. LeCun’s remarks, a leading scholar in the field of artificial intelligence, particularly focused on the ever-changing AI technology environment and the path to human-level AI. Nvidia’s superiority in the artificial intelligence hardware market was an important aspect of LeCun’s criticism. As a result of its cutting-edge graphics processing units (GPUs), which are essential for training huge language models like ChatGPT, Nvidia has emerged as the world’s most valuable chipmaker. Metaphorically,…
Hello everyone! My name is Mihajlo. As part of my activities over the past six months Next Billion FellowshipI have been working to bring the benefits of Web3 to the World Scout Movement. Growing up in Serbia in the 90s, I experienced first-hand the devastating impact war and sanctions can have on young people. There weren’t many opportunities to find good role models or supportive colleagues. In such an environment, it is easy for young people to become involved in gangs or criminal activity. I would like to say that it was thanks to skill and scouting that I was…
South Korea’s financial authorities issued guidelines on December 4, 2023 asking users to report unregistered cryptocurrency exchanges operating in their region. This order was created in an effort to control the market. This approach reflects South Korea’s ongoing attempts to simplify digital asset markets and protect investors from risks associated with unregulated virtual asset exchanges. The driving force behind this effort was Korea’s Financial Intelligence Unit (FIU) and the Digital Asset Exchange Association (DAXA). An important part of the regulatory system is handled by the Digital Asset Exchange Association (DAXA), which consists of the five major digital asset exchanges in…
Buying pressure for meme coins continued to be high. Market indicators have suggested that PEPE may witness a price correction. Pepper (PEPPER)One of the most popular meme coins, has shown promising performance over the past week. While the price of the meme coin soared, whales actually made a profit by selling a significant amount of the tokens. Does this mean whales are expecting PEPE to witness a price correction in the near term? Are PEPE whales for sale? Over the past week, PEPE has recorded double-digit growth, which looks promising. To be precise, the value of the meme coin rose…
You hodl’d, watched DOGE go to the moon and now want to buy stuff with Dogecoin. Today is your day. We’ve compiled a whole guide on who accepts Dogecoin and what you can buy.The DOGE Story: From Moon to MainstreamWhat started as a joke has become one of the most popular cryptocurrencies. Thanks to its fervent community, Dogecoin has gained mainstream adoption and continues to build its notoriety. Support from major companies and high profile enthusiasts like Elon Musk help, too. With the help of crypto cards, P2P payments, gift cards and online shopping, you can use Dogecoin to buy…
OpenSecrets researchers have found that the cryptocurrency industry is on track to set a new record for federal lobbying spending. The record spending comes after a year in which companies have struggled to restore their reputations and push for favorable legislation, according to Reuters. Cryptocurrency companies spent a total of $18.96 million during the third quarter of 2023. However, in the same period in 2022, it spent $16.1 million. Companies, including failed cryptocurrency exchange FTX, spent nearly $22 million on lobbying in 2022. Coinbase (COIN.O), the largest cryptocurrency exchange in the United States, ranked first again by spending $2.16 million,…
Bitcoin (BTC) has witnessed a massive profit-taking event that rivaled its all-time high of $69,000, a new analysis has revealed.James Van Straten, research and data analyst at cryptocurrency insights firm CryptoSlate, noted in a post on December 5 that billions of dollars are heading to exchanges.Bitcoin speculators are selling as if it has recovered from all-time highs.The BTC price rally recently reached a 19-month high, providing welcome rewards to holders across the board.While veterans have been maintaining their stake in the BTC supply, on the other end of the spectrum, so-called short holders (STHs) have been busy securing a return…