Day: November 29, 2023

Bitcoin NFT marketplace Bioniq eyes lofty goal of alleviating network congestion

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[ad_1] A new Bitcoin nonfungible token (NFT) marketplace aims to reduce network fees associated with the advent of Bitcoin Ordinals inscriptions by tapping into the Internet Computer Protocol (ICP). Developed off the back of the creation of Bitcoin Ordinals in early 2023, Bioniq operates on the ICP and taps into its native Bitcoin integration to power the trade of Bitcoin-based Ordinals inscriptions. Speaking to Cointelegraph on the eve of the platform’s launch, Bioniq CEO and co-founder Bob Bodily said the project has been in development since February 2023. The team…

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Cathie Wood Sells Off Coinbase (COIN) Stock While Picking Up More Robinhood (HOOD) Shares

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[ad_1] ARK Invest founder and CEO Cathie Wood is selling off tens of thousands of shares in the top US crypto exchange Coinbase (COIN). According to the latest reported sales by Ark Invest, ARK sold 43,956 shares of Coinbase on Monday as COIN soared to $120. COIN was trading for $128.27 at market close on Tuesday, its highest closing price since April 2022. While ARK sold Coinbase shares, the Ark Fintech Innovation ETF added to its holdings of trading platform Robinhood with a purchase of 143,063 additional shares worth about…

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Poloniex prepares to resume withdrawals after $100M hack

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[ad_1] Cryptocurrency exchange Poloniex is preparing to resume withdrawals and deposits after suffering a $100-million hack on Nov. 10. Poloniex took to X (formerly Twitter) on Nov. 29 to announce that it will be gradually resuming deposit and withdrawal services on Nov. 30 at 2:00 am UTC. The crypto exchange stressed that it will implement a phased resumption of the services to “prioritize the safety” of user funds. Poloniex will specifically start restoring Tron (TRX) deposits and withdrawals first, followed by Bitcoin (BTC), Ether (ETH), Tether (USDT) and other cryptocurrencies…

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Smart contract audits & cybersecurity – Cointelegraph Magazine

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[ad_1] Every day this week we’re highlighting one genuine, no bullsh*t, hype free use case for AI in crypto. Today it’s the potential for using AI for smart contract auditing and cybersecurity, we’re so near and yet so far. AI artwork for the ChatGPT written TurboToad memecoin. (Twitter) One of the big use cases for AI and crypto in the future is in auditing smart contracts and identifying cybersecurity holes. There’s only one problem — at the moment, GPT-4 sucks at it. Coinbase tried out ChatGPT’s capabilities for automated token…

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Jump Crypto Enters Confidential Phase in SEC vs. Terraform Labs Case

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[ad_1] Jump Crypto Holdings has been allowed to submit papers in a secret manner, which is a key milestone in the litigation that the Securities and Exchange Commission (SEC) is pursuing against Terraform Labs and its creator, Do Kwon. In the current legal procedures, this action, which was approved by Federal Judge Jed Rakoff, represents a significant turning point throughout the proceedings. Considering the sensitivity and complexity of the matter, the papers in issue have been submitted to the United States District Court for the Southern District of New York…

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Duelbits announces partnership with football star Luis Suarez

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[ad_1] Duelbits has announced a strategic alliance with Luis Suarez, a Uruguayan national team and former Liverpool and FC Barcelona star. The online casino and sports betting platform will use the partnership in a brand campaign across the globe. Duelbits has partnerships with Aston Villa and the Argentina national team. Duelbits, a crypto sportsbook and online casino platform, has announced a partnership with football star Luis Suarez. According to details shared with CoinJournal, the partnership is part of Duelbits’ global expansion and will see Suarez champion the platform’s campaigns.  Duelbits…

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