Bitcoin’s price has traded around an impressive $27k mark due to the launch of the Bitcoin Adoption Fund by Nomura, Japan’s largest investment bank. This development marks a pivotal moment in the cryptocurrency landscape as it seeks to allure institutional investors and expand its reach in digital assets. At the time of writing, Bitcoin is […]
MintDAO goes live on LayerZero to power ONFT process
MintDAO has announced that it is now live on LayerZero, commencing a new era of interoperability. The goal is to have a cross-chain NFT hub in the ecosystem. The announcement has been echoed by LayerZero Labs, with a special emphasis on powering the minting and bridging of ONFT, an acronym for Omnichain Non-Fungible Token. LayerZero […]
NFTs are ‘totally worthless’ says mainstream media, community responds
A community member highlighted the drastic shift in mainstream media narrative, sharing a previous article promoting the BAYC NFT collection. Mainstream media outlet Rolling Stone has declared that nonfungible tokens (NFTs) are “finally totally worthless,” citing the results of a DappGambl study on the “evolving landscape” of NFTs. The study found that as many as 95% of […]
Tether 2023 stablecoin loans rise despite size-down announcement in 2022
Tether said the new loans were made on request of some of their long-standing partners and they plan to cut it down to zero by 2024. Tether, the largest stablecoin issuer in the crypto market has seen a rise in its stablecoin lending, aka secured loans, in 2023, despite the firm having announced it will […]
Australian regulator sues Kraken provider Bit Trade for $13M in user losses
The Australian Securities and Investments Commission (ASIC) alleged that Kraken Crypto Exchange’s provider, Bit Trade Pty Ltd, caused Australians losses of roughly $12.95 million due to non-compliance with local laws. Due to this, the financial regulator has filed a lawsuit against Bit Trade, highlighting how its margin trading product failed to comply with the design […]
Balancer calls .fi domains unsafe after regaining access to front end
The decentralized finance (DeFi) protocol Balancer has reportedly regained control over its domain after losing approximately $240,000 due to a frontend compromise due to a Domain Name Service (DNS) attack. Balancer made the statement confirming it had regained access via X on Sept 20. The DNS attack led to the theft of significant digital assets. The […]
Twitter’s Payment Integration Announcement Sparks Dogecoin Speculation
The post Twitter’s Payment Integration Announcement Sparks Dogecoin Speculation appeared first on Coinpedia Fintech News X is making big moves to revamp its Everything app, including integrating payment solutions on the platform. CEO Linda Yaccarino recently shared a video on the platform hinting at what’s all to come to X, along with the ability to […]
Uber Eats to Launch AI Chatbot for Enhanced User Experience
Coinspeaker Uber Eats to Launch AI Chatbot for Enhanced User Experience Uber Technologies is gearing up to introduce an AI chatbot feature on its Uber Eats food delivery platform. The chatbot, set to go live later this year, will serve customers in the United States, the United Kingdom, Australia, and Canada. According to a company […]
Klaviyo Makes Splash on Wall Street in NYSE IPO Debut
Coinspeaker Klaviyo Makes Splash on Wall Street in NYSE IPO Debut Klaviyo, the renowned marketing automation company, made waves on Wall Street as its shares surged by an impressive 9.2% during its debut on the New York Stock Exchange (NYSE) after its Initial Public Offering (IPO). This success is noteworthy not only for Klaviyo but […]
Class-Action Lawsuit: Authors Guild Challenges OpenAI’s Use of Copyrighted Material
Coinspeaker Class-Action Lawsuit: Authors Guild Challenges OpenAI’s Use of Copyrighted Material The Authors Guild, a prominent organization representing US writers, initiated a class-action lawsuit against OpenAI on September 19th. The lawsuit alleges that OpenAI improperly utilized copyrighted materials during the training of its artificial intelligence systems. Notably, this legal action is taken on behalf of […]