Stellar joined the industry group developing Wasm, an alternative computation engine for running smart contracts. The Stellar Development Foundation has joined the Bytecode Alliance, an industry group promoting the development of WebAssembly (Wasm), according to an Aug. 21 announcement. Wasm is a competitor to the Ethereum Virtual Machine (EVM) used by the Ethereum ecosystem. It […]
Report: Kenyan Parliament Establishes Committee to Investigate Worldcoin
The Kenyan Parliament recently created an ad-hoc committee to investigate Worldcoin’s activities in the country. According to the Kenyan House speaker, the 15-member committee is expected to report back to parliament within 42 days. A Kenyan court judge recently issued a ruling which called for the preservation of all data collected by Worldcoin between April […]
Binance allegedly maintains ties with blacklisted Russian banks despite Western sanctions: WSJ
According to an Aug. 22 Wall Street Journal report, Binance continues to process transactions for at least five Russian lenders blacklisted by Western powers Per the report, Russian customers are able to conduct peer-to-peer trading on Binance, using any of the five Russian lenders, including Tinkoff Bank and Rosbank, to settle payments. WSJ further reported […]
BlackRock has more to lose from a BTC price crash pre-Bitcoin ETF
The notion that BlackRock gains from cheaper Bitcoin for its ETF launch isn’t straightforward, neither is the government’s suppression of BTC price. Numerous theories emerge whenever the price of Bitcoin (BTC) takes a sudden and steep drop. The usual suspects include government regulations, the possibility of exchanges manipulating prices, Bitcoin whales manipulating prices, over-leveraged traders, […]
First Republican presidential debate to feature pro-crypto candidates
Florida Governor Ron DeSantis and Vivek Ramaswamy will be in attendance at the political debate on Aug. 23, but not Miami Mayor Francis Suarez, despite earlier claims. Candidates for the Republican nomination for the 2024 United States presidential election who have publicly expressed their support or disdain for certain crypto-related policies will be meeting for […]
Official Hints China Could Pit Expanded BRICS Against G7
China may be in the process of building an expanded BRICS to pit the bloc as a geopolitical rival for the Group of Seven (G7) nations, as per statements from a Chinese official. In its upcoming summit that will take place in Johannesburg, the bloc will discuss the conditions of adding nations like Saudi Arabia […]
Binance and The Weeknd mix music, crypto, and philanthropy in upcoming tour
Crypto exchange Binance is sponsoring The Weeknd’s “After Hours Til Dawn” tour in Australia and New Zealand later this year, according to an Aug. 22 statement shared with CryptoSlate. This leg of the tour is planned for November and December and is geared to enhance the fan experience by integrating novel web3 technologies. Binance users to […]
Despite Bitcoin’s slump and soaring Texas energy prices, miners display unexpected resilience
Quick Take In the face of a notable 7% upward adjustment in Bitcoin’s hash rate — one of the most significant this year — and a plummeting price below $26,000, Bitcoin miners have demonstrated remarkable resilience. Coinciding with this sharp adjustment, there has been a reported mining capitulation over the past month. Yet, the data […]
Crypto Market Analysis: Shiba Inu (SHIB) And Binance Coin (BNB) On The Edge Of Severe Downturn
The post Crypto Market Analysis: Shiba Inu (SHIB) And Binance Coin (BNB) On The Edge Of Severe Downturn appeared first on Coinpedia Fintech News Shiba Inu and BNB coin have recently been in the spotlight because of their latest developments. While Shiba Inu is creating excitement with the introduction of Shibarium, it also faces challenges. […]
BTC/USD Back to 26034 Level: Sally Ho’s Technical Analysis – 23 August 2023
BTC/USD Back to 26034 Level: Sally Ho’s Technical Analysis – 22 August 2023 Bitcoin (BTC/USD) moderated early in the Asian session as the pair encountered expanded volatility and then orbited the 26034 area, representing the 38.2% retracement of the appreciating range from 25610 to 26296.78. Stops were elected below the 25872 area during a pullback, […]