Why is the crypto market up today?
The crypto market is up today, reflecting investors’ optimism for eventual interest rate cuts and the DXY’s short-term weakness.
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Don’t expect another Bitcoin price ‘catastrophic dump’ — Analyst
Bitcoin (BTC) price trajectory is looking to favor bulls going forward, statistician Willy Woo believes as the market nears $11,000.In a series of tweets on Sept. 14, Woo highlighted strength in market composition and said that current price levels could be a useful entry point for investors.Woo: Little chance of “catastrophic” BTC price dump“Another impulse…

ZKsync recovers $5M of stolen tokens after hacker accepts bounty offer
ZKsync has recovered $5.7 million worth of stolen ZK and ETH tokens after the hacker agreed to return 90% of the funds. 271 Total views 2 Total shares The ZKsync Association has confirmed the recovery of $5 million worth of stolen tokens from an April 15 ZKsync security incident involving its airdrop distribution contract. The

Aussie Crypto Unicorn Raises $160M With ‘Big Four’ Bank Backing
Australian fintech unicorn and RippleNet member, Airwallex, raised $160 million in a fundraising round led by the investment arms of Australian ‘big four’ bank, ANZ, and San Francisco-based cloud software company, Salesforce.Existing investors Tencent, Sequoia Capital China, DST Global, and Horizons Ventures also participated in the round — bringing the total raised to-date by the…

Specialized workforce needed as crypto and blockchain courses enter colleges
It shouldn’t come as a surprise that the need for candidates specializing in cryptocurrency and blockchain has become more apparent than ever before. This could be attributed to the fact that major companies are announcing job positions for candidates who are knowledgeable in alternative payments and emerging technologies.For example, global software giant Apple has recently…

Luxury fashion giant LVMH sued over NFT patent tech for watches
A blockchain firm that makes NFT skins for watches is suing TAG Heuer for alleged patent infringement. A company selling smartwatch face designs through non-fungible tokens has sued LVMH, accusing the luxury fashion conglomerate of patent infringement. In a March 10 complaint filed to a Texas federal court, Watch Skins Corporation alleged that LVMH misappropriated

Bitcoin Price Diary: Long BTC From $6.5K and Back in Altcoin Positions
It has been a profitable week, largely because I caught the big Bitcoin (BTC) move up from the local bottom. I closed a majority of my altcoin trades, some on tight stops and others at a decent profit. Overall, I’m very happy with the results, although as I mentioned last week, I failed to take profit…

Mauritius mulls wrapping metaverse into financial services
While acknowledging the need for collaboration in reshaping the financial services to accommodate metaverse, the FSC Mauritius asked seven questions to the public. The Financial Services Commission (FSC) of Mauritius started collecting feedback from industry stakeholders and the general public regarding the inclusion of metaverse within the financial services industry.The FSC Mauritius dedicated the entire

Decentralized technology can help protect democracy around the globe
Recent political developments in the United States demonstrate the critical challenges that centralized technology platforms pose to democracy — in stark contrast to the powerful role social media played in pro-democracy movements in the Middle East and Hong Kong. U.S. election misinformation and disinformation, as well as white nationalism, spread throughout online groups, and prominent…