Cointelegraph By Martin Young
Bitcoin (BTC) will hit a new all-time high in late 2024 on the backdrop of a long-feared United States recession and regulatory shifts after the next U.S. presidential election, asset manager VanEck predicts.On Dec. 8, VanEck made 15 crypto predictions for 2024, including price forecasts, timings of a spot...
Tech giant Google has officially rolled out Gemini, its latest artificial intelligence model that it claims has surpassed OpenAI's GPT-4.On Dec. 6, Google CEO Sundar Pichai and Google DeepMind CEO and co-founder Demis Hassabis announced the launch of Gemini in a company blog postThe AI model has been optimized...
Smart contract development firm Thirdweb reported a security vulnerability that potentially “impacts a variety of smart contracts across the Web3 ecosystem.”On Dec. 4, Thirdweb reported a vulnerability in a commonly used open-source library that could impact specific pre-built smart contracts, including some of its own. However, Thirdweb’s investigations concluded that...
Crypto-friendly trading platform Robinhood has reported a 75% month-on-month increase in digital asset trading volume in November.In an 8-K filing to the Securities and Exchange Commission on Dec. 4, Robinhood noted that “November Crypto Notional Trading Volumes were roughly 75% above October 2023 levels.” The activity however equity trading...
A crypto hacker specializing in “address poisoning attacks" has managed to steal over $2 million from Safe Wallet users alone in the past week, with its total victim count now reaching 21. On Dec. 3, Web3 scam detection platform Scam Sniffer reported that around ten Safe Wallets lost $2.05 million...
A United Nations agency tasked with helping countries eliminate poverty is set to upskill its 22,000 staff in blockchain technology, with the ultimate goal of helping countries achieve “sustainable development” growth. According to a Nov. 30 statement, the United Nations Development Programme (UNDP) has partnered with the Algorand Foundation to...
Billionaire entrepreneur Elon Musk is making the headlines again, this time for an expletive-laden outburst on live TV at an annual conference hosted by The New York Times.Speaking at the 2023 DealBook Summit in New York on Nov. 29, Elon Musk, the owner of micro-blogging platform X (formerly Twitter),...
Bitfinex’s recently launched Tether (USDT) tokenized bond — hailed as a “new era for capital raises” —appears to have failed to garner the investment and interest the firm anticipated.Bitfinex Securities, a platform focused on listing tokenized real-world assets (RWA), announced its first tokenized bond in October, the ALT2611 Tokenized...
Bitcoin mining is a “critical tool” for clean energy and balancing the grid, according to a new working paper penned by Bitcoin advocates and the former president of ERCOT, the operator of Texas’ electrical grid. The Nov. 22 paper titled “Leveraging Bitcoin Miners as Flexible Load Resources for Power System...
A Bored Ape Yacht Club (BAYC) owner says he has managed to avoid a potentially “dreadful day” after being asked to retrieve a banana for a photo from someone they initially believed was interviewing them for Forbes.On Nov. 27, NFT collector ‘Crumz’ detailed his run-in with a scammer posing...