3 reasons why $65K marks the bottom for Bitcoin
Bitcoin’s resilience amid price drops indicates strengthening support at the $65,000 level.
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Upbit Exchange Operator Plies $46 Million Into Blockchain in First Year of Investment
The parent company of South Korean cryptocurrency exchange Upbit has invested almost $50 million in blockchain startups since March 2018, English-language Korean business news outlet The Investor reported on May 15.Dunamu, which created a dedicated investment subsidiary, Dunamu & Partners, at the same time last year, has given cash to a total of 26 businesses.In…

Huobi Launches Token Sale Platform to Let Investors Sample Pre-Release Altcoins
Singapore-based cryptocurrency exchange Huobi Global is launching a dedicated platform for pre-release token sales, the company confirmed in a blog post on March 20.The platform, dubbed Huobi Prime, aims to give participating investors access to new altcoin tokens before they appear on major exchanges.Prospective projects will go through a vetting procedure, with successful applicants offering…

BitMEX Research Finds ‘Potential Bug’ in Syncing of Ethereum Parity Full Node
The research arm of major cryptocurrency trading platform BitMEX has revealed in a blog post on Wednesday, March 13, that its Ethereum Parity full node contains a “potential bug.”The alleged bug was discovered while analyzing data from Nodestats.org — BitMEX Research’s new website designed to collect key metrics on Ethereum nodes. In the same blog…

Medici Ventures Leads Funding Round for Blockchain-Based E-Voting Platform
Medici Ventures, the blockchain-based subsidiary of Overstock.com, has led a $7 million funding round for a blockchain-based voting platform, according to a press release on June 6.The blockchain-based voting platform, Voatz, is reportedly designed to allow citizens to participate in official elections and similar events via mobile devices, such as smartphones or tablet computers. The…

Google Cloud launches free courses to help users build their own GPT-style AI
The new corpus includes nine courses and a set of labs that students can challenge to earn a Google Cloud skills badge. Google Cloud recently launched a suite of free online educational courses designed to teach the fundamentals of generative AI systems as well as provide an introduction to the Generative AI Studio development environment.—…

US investment bank Cowen launches dedicated crypto division
Cowen initially announced plans to move into the crypto custody business in May 2021, entering a partnership with Standard Custody and Trust Company. 99 Total views 10 Total shares Cowen, a major American independent investment bank, has officially launched a dedicated cryptocurrency and digital asset division.Called Cowen Digital, Cowen’s new business is designed to offer…

Chainalysis Finds Terrorists Are Refining Crypto Financing Operations
A new study by Chainalysis finds that terrorists are refining their financing operations using cryptocurrencies. Faster and broader fundingEarlier today, Jan. 17, the blockchain analysts identified Izz ad-Din al-Qassam Brigades (AQB), Hamas’s military arm and noted terrorist organization, as the first confirmed case of terrorists using cryptocurrency to aid their activity. AQB used a website to…

Bitcoin enters $26K ‘bearadise’ as BTC price approaches 2-month lows
Bitcoin (BTC) neared two-month lows on May 12 amid fears that a “head-and-shoulders” pattern would put bears ahead.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysis of BTC price: “Welcome to bearadise”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $26,100 on Bitstamp — its lowest since March 17.Despite encouraging macroeconomic conditions for risk assets, Bitcoin…