Bitget reports $700M capital inflow in Q2, adds 2.9M users
The exchange reported that its BTC, USDT, and ETH holdings grew by at least 70%, highlighting a $700 million capital inflow for the quarter.
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National Australia Bank joins crypto exchange boycott, cites ‘scams’
National Australia Bank is the latest bank to announce blocks on certain cryptocurrency exchanges, citing the high risk of scams. 286 Total views 11 Total shares Another major bank in Australia has said it will block certain cryptocurrency platforms, citing high levels of scam risk in the industry.On July 17, National Australia Bank (NAB) announced a…

How AI is changing crypto: Hype vs. reality
In the latest Cointelegraph Report, we assessed the value AI is bringing to the crypto industry, by separating the hype from real use cases. 334 Total views 17 Total shares In the latest Cointelegraph Report, we sought to find out the real value AI brings to the crypto industry beyond the hype surrounding the technology.

Cosmos co-founder proposes peer-to-peer clearing system in white paper
The objective of Cycles is to “clear the most debt for the most people with the least money,” Informal Systems’ CEO Ethan Buchman said.

Arab Bank Switzerland Opens Bitcoin Custody, Brokerage Services
Arab Bank Switzerland has partnered with blockchain technology firm Taurus to offer Bitcoin (BTC) and Ether (ETH) custody and brokerage services to its clients.Swissinfo reported the development on Sept. 19. Serge Robin, the CEO of Arab Bank Switzerland — a Swiss institution that forms part of the Jordan-headquartered Arab Bank group — said: “We firmly believe that…

DAOs need to learn from Burning Man for mainstream adoption
As they exist today, decentralized autonomous organizations (DAOs) will not scale to the masses. Sure, shining examples like PleasrDAO, Uniswap DAO, Synthetix’s group of DAOs, and Maker DAO exist, thriving in their respective niches. Still, none of these have gotten anywhere close to being household names. Why, you might ask?Related: Cybernetic organizations — BORGs — are

Bitcoin clings to $43K as Fed signals up to 7 rate hikes in 2022
Bitcoin (BTC) continued to fight for $43,000 support at the Wall Street open on March 24 amid fresh jitters tied to United States economic policy.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewKashkari warns of "overdoing it" on hikesData from Cointelegraph Markets Pro and TradingView showed BTC/USD staying just below the $43,000 mark as trading began Thursday.At the…

Ampleforth integrates with Avalanche to introduce stablecoin alternative
The integration will allow users of the blockchain to access algorithmic language AMPL for stabilized contract interaction. 451 Total views 5 Total shares Fragments Inc., the team responsible for the development of the Ampleforth protocol, has announced that Ampleforth will be integrated into popular blockchain Avalanche to facilitate the introduction of the unit-of-account denomination model…

Brazilian judge suspends X after Elon Musk refuses to name representative
Supreme Court Justice Alexandre de Moraes began investigating the spread of misinformation during the government of former Brazilian President Jair Bolsonaro.