The pattern is consistent with traditional markets where outsized gains in meme stocks relative to defensive plays are seen as a contrary indicator for the broader market. Bitcoin, the leading cryptocurrency by market value, has traded dead flat near...
In a move that can reshape the digital payments landscape, financial technology giant PayPal has unveiled its United States dollar-pegged stablecoin PayPal USD (PYUSD). In line with expectations, the launch has ignited a complex debate within the crypto community....
Digital Currency Group (DCG), the parent company of Genesis Capital Global, seeks to counter claims of fraud raised by the Winklevoss-owned Gemini Exchange. DCG has responded with a motion to dismiss the allegations, terming them as a continuation of...
Hedera popularly known as HBAR, has lately been drawing attention in the world of cryptocurrencies. An influencer from the crypto-sphere recently asserted that this digital currency is poised to cement its position among the top 10 in the industry....
“Reading through a 1,000 word encyclopedia entry to answer a question is difficult and time consuming for users, and the GPT-4 search engine solves that as users can simply ask a question,” said Navin Vethanayagam, Chief Brain of IQ.wiki....
Non-fungible token project y00ts is again switching blockchain networks, only four months after bridging the majority of its NFTs from Solana to Polygon. DeLabs, the NFT firm behind y00ts, announced via its X (Twitter) account on Aug. 9 it will soon...
After moving its global headquarters to the United Arab Emirates (UAE) and obtaining a cryptocurrency license in Dubai, the cryptocurrency exchange Bybit shared another update related to a product enhancement. According to a press release seen by Finance Magnates,...
The cryptocurrency market has experienced a period of stagnation, with Bitcoin (BTC) trading within a narrow range for the past week. However, according to market analyst Ali Martinez, there is a glimmer of hope on the horizon as Open...
The snap poll comes after the monumental hack of decentralized exchange (DEX) giant Curve last month, which ripped through Ethereum’s decentralized finance (DeFi) ecosystem and, according to Srivatsa’s blog post, reminded Saddle’s team of the ever-present threat of exploitable...
Walt Disney is reported to have created a task force for the purpose of studying artificial intelligence (AI) and its potential applications throughout the company, according to a Reuters report. According to the report, three sources close to the...