Balita sa Industriya ng Crypto at Market Trends

TheNewsCrypto Joins as a Media Partner for Web3Conf India

Tech　　Sumali ang TheNewsCrypto bilang Media Partner para sa Web3Conf India　　7 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Web3Conf is Indias first Chain-Agnostic conference, organized by the GirlScript Foundation. The Web3Conf is a four-day program that will occur from August 11 to 14, 2023. The conference will take place in Goa, India, and the venue will be the Novotel Goa Dona Silvia Resort.　　TheNewsCrypto, the Dubai-based online news publication, becomes the official media partner of Web3Conf India 2023. The media platform has partnered with the upcoming Web3 conference event. TheNewsCrypto will widely circulate the event throughout the schedule.　　Web3Conf is all set to welcome more than 3000 Web3 enthusiasts to Goa this year. The event aims to create opportunities for learners to strengthen their knowledge of the Web3 industry. It also has a startup pitch session, talks, and panel discussions with Web3 experts. Web3 enthusiasts can have discussions on the importance and future developments of the Web3 sector.　　The upcoming Web3Conf will bring some interesting keynote speakers, including Abhyudoy Das, country manager at Bybit, co-founder & CEO of Coinswitch, and many other industry experts. The event will feature the most interesting topics regarding the Web3 space.　　Last year, the Web3Conf event was conducted at the same

2023-07-29Industriya

Ethereum Could Explode by Up to 1,556% in an AI-Powered Economy, Says Arthur Hayes – Here’s the Timeline

BitMEX co-founder Arthur Hayes says the price of Ethereum (ETH) stands to benefit immensely from artificial intelligence (AI) technology.　　Painting a scenario where AI applications create decentralized autonomous organizations (DAOs) in order to execute smart contracts, Hayes says in a new blog post that Ethereum is the logical base of such a scenario since it is the most widely used decentralized virtual machine.　　According to Hayes, the tokens issued by the AI DAOs will trade on decentralized exchanges (DEXs), and mostly those built on top of Ethereum.　　A DEX is naturally suited to support the trading of any type of equity, debt, utility, participation, etc. token issued by an AI-powered DAO…　　DAOs will fundraise and issue tokens on-chain. A plethora of new DAO tokens will trade on DEXs.　　As DAOs capture more economic value than companies, DEXs will trade more than traditional CEXs.　　I believe the largest driver of on-chain activity will be an explosion of trading volume on DEXs hosted on Ethereum.　　Pinagmulan: Arthur Hayes　　The BitMEX founder says that if the above scenario plays out as he envisions, Ethereum could run up to 1,556%, from its current price of $1,875 to hit $31,063 if the DEX trading volumes were to reach 20% of traditional stock exchange

2023-07-29Ethereum

Solar Energy Cools As FSLR Stock Beats Hasty Retreat, Enphase Unravels| Investors Business Daily

Pananalapi　　Lumalamig ang Enerhiya ng Solar Habang Lumalamig ang Stock ng FSLR sa Hasty Retreat, Enphase Unravels| Pang-araw-araw na Negosyo ng Mamumuhunan　　9 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　unang Solar (FSLR) stock rocketed, then retreated early Friday as analysts ratcheted price targets higher for the solar energy systems provider following its earnings beat late Thursday. Tracking systems maker Nextracker (NXT) pared its breakout gains after a Wednesday report. Inverter maker Palakihin ang Enerhiya (ENPH) tumbled after reporting Q2 results late Thursday.　　First Solar earnings tripled to $1.59 per share while revenue spiked 30.6% to $811 million. Analysts polled by FactSet expected earnings of $1 per share on $722.2 million in sales.　　The company announced plans to invest $1.1 billion to build its fifth manufacturing facility in the United States.　　The White House applauded the news in a statement Thursday. “Today‘s announcement by First Solar, a proud American company, represents another huge investment in American manufacturing and building our supply chains here at home – that’s what Bidenomics is all about,” President Biden said in a statement reported by Reuters.　　The company said its Series 7 panels produced at the new facility will be made completely with U.S. components, as required by the Treasury Department to

2023-07-29Industriya

Yuga Labs Unveils New Development For Otherside: Era Of Immersive In Web3

Tech　　Inihayag ng Yuga Labs ang Bagong Pag-unlad Para sa Otherside: Era of Immersive In Web3　　12 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Yuga Labs, a prominent player in the Web3 space known for successful NFT brands, has offered a sneak peek of their latest developments for the Otherside metaverse to a select group of Bored Ape Yacht Club (BAYC) and Otherside community members, iniulat.　　The private preview, held in Studio City, California on July 27, gave 40 Voyagers a glimpse into the evolution of Otherside over the past year.　　During the exclusive event, participants were treated to concept art showcasing the ongoing development of Otherside, along with a walk-through of a section of the metaverse‘s central island. The demo showcased the impressive 3D versions of BAYC profile pictures (PFPs), giving a glimpse of the avatars ahead of the official release. Additionally, attendees were treated to a teaser of Yuga’s 2D strategy game, Legends of the Mara.　　Michael Figge, Yuga Labs Chief Creative Officer, emphasized that Otherside is designed to be a diverse and inclusive space where various communities can create content that resonates with their respective audiences. While Otherside is a product of the Yuga universe, the company aims to allow other communities to

2023-07-29Industriya

Crypto.com Receives Green Light from Dutch Central Bank to Offer Crypto Services

Crypto.coms entrance to the Dutch market comes a few weeks after Binance exited the country due to regulatory hurdles.　　Leading digital asset service provider Crypto.com has successfully registered its business offerings with the Dutch central bank to offer crypto services in the Netherlands.　　In an announcement on June 28, the company said it obtained approval from the De Nederlandsche Bank (DNB) after a comprehensive review of its business and compliance with the countrys Anti-Money Laundering and Terrorist Financing (Prevention) Act.　　By successfully meeting the regulatory requirements set by DNB, the exchange can now offer its crypto services to users in the Netherlands in compliance with local regulations.　　“This registration approval from De Nederlandsche Bank is a significant milestone for our business and the latest testament to our commitment to compliance. We look forward to continuing to work with DNB and other regulators around the world,” said Kris Marszalek, CEO of Crypto.com.　　Crypto.com has joined other digital asset service providers already registered in the Netherlands to explore the market. The country has granted 36 companies, including Coinbase Europe, eToro, and Bitstamp, licenses to legally offer custodial and exchange services to customers in the region.　　Crypto.com Registered in Singapore and Other Jurisdictions　　The new registration with the DNB marks

2023-07-29Industriya

Grayscale Submits Crucial Letter to SEC Regarding Bitcoin ETFs

Grayscale Investments, company behind widely held Grayscale Bitcoin Trust (GBTC), has fired salvo at U.S. Securities and Exchange Commission (SEC) concerning eagerly anticipated approval of Bitcoin exchange-traded funds (ETFs)　　Grayscale Investments, the firm behind one of the most popular Bitcoin investment products, the Grayscale Bitcoin Trust (GBTC), has submitted a notable letter to the U.S. Securities and Exchange Commission (SEC) concerning the hotly anticipated approval of Bitcoin exchange-traded funds (ETFs).　　In a series of tweets, ETF analyst Nate Geraci detalyadong the main points of Grayscale‘s letter, underscoring the firm’s demand for fair treatment in the race for Bitcoin ETF approval.　　At the heart of the matter lies the Surveillance Sharing Agreement (SSA) with Coinbase, which Grayscale suggests will not be sufficient to warrant approval of spot Bitcoin ETFs.　　This crucial assertion can be seen as a challenge to the SEC‘s potential plans for granting other spot Bitcoin ETFs approval ahead of Grayscale’s GBTC conversion. Geraci notes, “Grayscale is basically saying that if SSA with Coinbase is the game-changer for spot Bitcoin ETF approval, then that would run counter to SECs previous denials and put Grayscale at an unfair disadvantage.”　　In a climate where financial giants including BlackRock and WisdomTree are lining up for a chance

2023-07-29Industriya

Mike Novogratz Urges Buying Bitcoin (BTC) After This Fact Comes to Light

Billionaire supports buying BTC as shocking revelation surfaces　　Renowned billionaire investor and investment expert Mike Novogratz has once again emphasized his bullish stance on Bitcoin (BTC) after a startling revelation about the United States interest payments. In response to recent reports that the U.S. has reached an astonishing $970 billion in interest payments, with an increase of $41 billion in Q2, Novogratz took to Twitter with a resounding call.　　The staggering growth of interest payments in the U.S. economy has raised concerns among experts, who predict it could soon hit the $1 trillion mark. As tax receipts continue to lag behind the rapid expansion of sovereign debt, interest payments are increasingly being funded through the issuance of more debt, creating a troubling cycle.　　Team Bitcoin　　Novogratz, a well-known Bitcoin evangelist, has been vocal about his support for the cryptocurrency on multiple occasions. Earlier this month, he urged investors to buy BTC when the national debt of the United States surged by an alarming $1 trillion between June and July.　　Despite his cautious outlook on the economy, Novogratz remains optimistic about Bitcoins future. According to his analysis, BTC is poised for another wave of growth following a consolidation phase within the $28,000 to $32,000 range. However,

2023-07-29Industriya

Bank of Spain Approves eToro Registration as Virtual Asset Exchange

eToro said that it will continue to empower our Spanish users by providing them with access to a diverse range of asset classes.　　Multi-asset investment platform eToro announced on Friday, July 28, that the Bank of Spain has approved its registration as a service provider for offering virtual assets, fiat assets, and other custodial wallet services.　　The eToro platform is an investment platform that helps people invest and learn about various assets. Its like a community where users can share and gain knowledge to grow their wealth. On eToro, users can invest in traditional and new assets, and there are different ways to invest, like direct trading, portfolio investing, or copying other investors.　　They also offer educational resources for beginners and experienced investors where users can practice investing without real money using a virtual portfolio. Speaking on the development, Tali Salomon, eToros Regional Manager for Iberia and LatAm, said:　　Ang pagpaparehistrong ito ay isang patunay sa aming pangako sa pagpapatakbo ng isang lumalagong negosyo na nagbibigay-priyoridad sa proteksyon ng mga mamimili habang pinangangalagaan din ang pagbabago at tinitiyak ang pag-access para sa mga indibidwal na mamumuhunan. Bilang isang multi-asset platform na matagal nang tagasuporta ng crypto at blockchain technology, ipinagmamalaki naming natanggap namin ang

2023-07-29Industriya

You Can Now Build Your Own AI Girlfriend—Heres How

Ever dreamed of creating your perfect partner？ Now you can with AI, thanks to a new project from prominent VC firm Andreessen Horowitz (a16z).　　The Silicon Valley heavyweight has uploaded a tutorial to GitHub outlining how to create customizable “AI companions” with configurable personalities and backstories.　　“You can guide your companion towards your ideal use case with the backstory you write and the model you choose,” the VC firm wrote. Even though Andreessen Horowitz stresses that its meant as a developer experiment, technophiles are already dreaming up their perfect digital sweethearts.　　The VC giant is aware of that—and isnt hiding the possibility of AI-assisted romance.　　“Romantic (AI girlfriends/boyfriends)” is the first use case mentioned by the VC firm when promoting its chatbots. The project works by prompting AI models with a detailed backstory and personality traits. This shapes how the chatbot interacts and responds.　　According to the GitHub page, the program “allows you to determine the personality and backstory of your companion, and uses a vector database with similarity search to retrieve and prompt so the conversations have more depth.”　　This week, Andreessen Horowitz added a new character named Evelyn with a rousing backstory. Shes described as “a remarkable and adventurous woman,” who “embarked on a

2023-07-29Industriya

Security Firm Exposes Tactics Behind Fake Deposit Attacks on Exchanges

Tech　　Inilantad ng Security Firm ang Mga Taktika sa Likod ng Mga Pekeng Pag-atake sa Deposito sa Mga Palitan　　Balita ng Ethereum ng Bitcoin　　Security firm SlowMist reveals the alarming rise of fake deposit attacks targeting crypto exchanges.　　Attackers exploit system errors to deceive exchanges, obtaining crypto for free.　　The tactics include fabricating events, zero confirmation, and fake coins.　　In a recent blog, blockchain security firm SlowMist revealed the alarming prevalence of fake deposit attacks targeting crypto exchanges. These attacks exploit system errors in exchanges deposit operations, allowing attackers to deceive the exchanges into crediting digital assets to their accounts without any actual payment.　　The security firm outlined the typical deposit process in exchanges and noted that the decentralized architecture of blockchain prevents security measures from blocking such malicious transactions from scammers.　　SlowMist clarifies that fake deposit attacks are not inherent blockchain vulnerabilities; instead, attackers exploit specific blockchain characteristics to create deceptive transactions.　　SlowMists security team identified 12 common attack tactics. These include the “Zero Confirmation” technique, where the deposit transaction is credited before being included in a block, allowing attackers to invalidate it.　　Another method is the “Fake Coins” attack, where the exchange credits users without distinguishing the type of deposited assets, leading to account credit errors.　　Also, SlowMist noted

2023-07-29Industriya

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