Tapping into underlying blockchain infrastructure, Nodle’s Click application allows users to authenticate media content for various use cases. Decentralized infrastructure network provider Nodle has released the first version of its blockchain-based media authentication application called Click, which could prove useful in combatting artificially generated media and fake news. As previously reported by Cointelegraph, Nodle has developed a software development kit…
With the expectation of further rate cuts heading into 2024, analysts say this could be a “positive boost” for crypto stocks and investment products. A decision from the United States Fed to pause and possibly lower interest rates next year will likely serve as a “positive boost” for cryptocurrencies and crypto stocks. In a Dec. 13 interview with Bloomberg, Blackrock…
Under the proposed plan, Gemini Earn users may only recover 61% of their lost funds in a worst-case scenario. Gemini Earn creditors are fuming over a proposed reorganization plan that could see their promised Bitcoin (BTC) payouts effectively slashed to about 30% of what they’re worth at current market rates. In an X post, Gemini Trust revealed it sent creditors…
The SEC is pushing Bitcoin ETF issuers down the cash create route for creation and redemptions, but BlackRock has other ideas. As spot Bitcoin exchange-traded fund (ETF) issuers iron out details of their filings with the U.S. securities regulator, it appears that the SEC is steadfast in demanding a “cash” redemption model rather than alternative model proposed by other issuers,…
The rules allow crypto-holding companies to now report their paper gains, not just losses, which industry observers say could give more firms confidence to buy. Bitcoin (BTC) and crypto may soon see another mass wave of adoption by U.S.-based firms, after a new accounting rule change that lets companies more accurately reflect the value of their crypto holdings. Cory Klippsten, the…
Bitwise isn’t alone in its bullishness on stablecoins with Circle CEO Jeremy Allaire predicting the explosive growth of the sector due to a “huge appetite” for digital dollars. Bitcoin is poised to record a new all-time high of $80,000 in 2024, the same year stablecoins are set to collectively settle more money than payments giant Visa, says a Bitwise senior…
A Yearn contributor said the value lost came from “strictly protocol owned liquidity” in the protocol’s treasury and that customer funds weren’t impacted. Decentralized finance protocol Yearn.finance is hoping arbitrage traders will return $1.4 million in funds after a multisignature scripting error, resulting in a large amount of the protocol’s treasury being drained. “A faulty multisig script caused Yearn’s entire…
Immutable’s blockchain protocol will allow the game studio to cut out gas fees for users, which is widely cited as a significant barrier to Web3 gaming adoption. Web3 gaming firm Immutable is set to completely cut out gas fee payments for gamers when its proprietary zero-knowledge proof-based (ZK-proofs) scaling platform goes live in early 2024. Immutable zkEVM provides the technology…
Bitcoin proves its value as an inflation hedge and store of value by hitting repeat all-time highs in multiple currencies. Since bottoming around $16,800, Bitcoin (BTC) has displayed resilience throughout 2023, posting over 153% gains year-to-date and $143% over the last 12 months to outperform major tech companies. Despite this impressive performance, the flagship cryptocurrency’s price is still 39% below…
