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Showing posts from March, 2023

Community Reacts To Twitter's $1000/Month for Verified Organizations

Twitter , the social media giant platform owned by Elon Musk , has announced that it will charge corporations $1000 per month for gold-verified check marks. The move is an attempt for the social media platform to amp up its earnings. The decision comes amid Musk offering stock grants to employees at a valuation of nearly $20 billion. However, the tech mogul purchased the platform for $44 billion, more than double its current valuation. As per an official announcement, “vetted organizations that sign up for Verified Organizations are in full control of vetting and verifying accounts they’re affiliated with.” Moreover, the platform will charge an additional $50 per month for each associated account.  Verified Organizations is a new way for organizations and their affiliates to distinguish themselves on Twitter . Rather than relying on Twitter to be the sole arbiter of truth for which accounts should be verified, vetted organizations that sign up for https://t.co/1v6wSVKfDb… ...

Argentinian Airline Flybondi Teams With TravelX To Issue Travel Tickets As NFTs

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Join Our Telegram channel to stay up to date on breaking news coverage Flybondi, an Argentinian low-cost travel airline, has partnered with TravelX to issue travel tickets as non-fungible tokens. The South American low-cost airline will leverage TravelX’s NFTicket technology on the Algorand blockchain to create new travel tickets. Flybondi Adopts NFTs To Issue Travel Tickets In a March 30 press release, Flybondi confirmed partnering with TravelX to issue travel tickets as NFTs. The South American airline will use the Argorand network to power the new tickets. While commenting about the new integration, Mauricio Sana, the Chief Executive Officer of Flybondi, remarked: “Flybondi’s Ticket 3.0, powered by TravelX’s NFTicket technology, demonstrates our commitment to innovation and providing our customers with the best possible experience. We’re excited to be at the forefront of this change in the travel industry.” Prepare for takeoff✈...

Opinion: What is the Role of Blockchain in the Era of Strong Artificial Intelligence?

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Author: Cofounder of Solv Yan Meng @myanTokenGeek Editor: WuBlockchain A lot of people have been asking me recently, ChatGPT has made AI popular again, blockchain and Web3 have been robbed of the limelight. A friend who knows me better asked, did you regret choosing blockchain when you gave up AI? Here's a little background. After I left IBM in early 2017, I discussed with Tao Jiang, the founder of CSDN, the direction of my next personal development. There were two options, one was AI and the other was blockchain. I had been researching blockchain for two years at that time, so of course I wanted to choose this. But Tao Jiang firmly believed that the momentum of AI was stronger and more disruptive that I agreed after careful consideration. So from the beginning of 2017, I briefly worked as an AI technology media for half a year, and ran a lot of meetings. I interviewed a lot of people and learned a little machine learning. However, in August, I returned to the blockchain, and went ...

Stuttgart Stock Exchange Receives BaFin License for Crypto Custody

The financial authority, BaFin, has granted Blocknox, a division of Boerse Stuttgart’s digital business, the final authorization to act as a crypto custodian. The company is allowed to provide institutional clients with an integrated brokerage, trading, and custody services thanks to this license. The second-largest stock market in Germany hopes banks, brokers, asset managers, and family offices will use its services. Since Jan. 1, 2020, under Germany’s legal regulations, specific authorization has been required for the custody of crypto assets. Blocknox received a provisional designation as a supplier of regulated financial services after timely offering its application for this authorization. Matthias Voelkel, CEO of Boerse Stuttgart Group addressed the firm’s latest move and further said, “This is the first time that an established market participant has been licensed to hold crypto currencies in custody without any acquisitions. This completes the unique infrastructure we offer:...

Celo Price Prediction for Today, March 29: CELO/USD Looks for a Breakout Above $0.75

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Join Our Telegram channel to stay up to date on breaking news coverage Celo price prediction shows that CELO remains in the green as the cryptocurrency market gains from the increased buying pressure. Celo Prediction Statistics Data: Celo price now – $0.71 Celo market cap – $349 million Celo circulating supply – 491.5 million Celo total supply – 1 billion Celo Coinmarketcap ranking – #106 CELO/USD Market Key Levels: Resistance levels: $0.95, $1.05, $1.15 Support levels: $0.45, $0.35, $0.25 CELOUSD – Daily Chart CELO/USD price is now trading close to the upside after touching a $0.75 high during the European session today. The coin may continue to move upward if the price head toward the upper boundary of the channel. Meanwhile, the Celo price may stay on the positive side so that the price could touch the resistance level of $0.80 in the next positive direction. Celo Price Prediction: CELO/USD May Break Short-term Resistance Acc...

Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations

On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were mentioned. Senate Banking Committee chairman Sherrod Brown claimed on Tuesday that Signature Bank “found itself in the middle of Sam Bankman-Fried’s crime spree at the crypto exchange FTX.” Regulators Highlight Bank Exposure to Crypto Asset Businesses in Senate Banking Committee Hearing About Bank Failures Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, the Senate Banking Committee held a hearing to discuss the situation and its implications. The hearing witnesses included Martin Gruenberg, chairman of the Federal Deposit Insurance Corporation (FDIC); Michael Barr, vice chairman for supervision with the Board of Governors of the Federal Reserv...

Ariadne Integrates Celer Inter-chain Messaging Framework

Celer Network is thrilled to announce that Ariadne , a cross-chain yield farming platform, has successfully integrated with the Celer Inter-chain Messaging (Celer IM) framework. This integration marks a significant milestone for their users as it will enable users to seamlessly enter and exit yield farming opportunities across multiple blockchains, including Polygon, Optimism, BNB Chain, and Fantom. With the integration of Celer IM, Ariadne users can now interact with the platform from any supported chain with just a single click. This is made possible through Celer’s fast and secure messaging framework that enables seamless communication between different block chain s. With Celer IM, users can enter and exit yield farms without having to deal with the complexity of normal cross- chain transactions, like slippage. In addition, Celer IM provides an optimized user experience that simplifies the entire process of yield farming. This means that users can easily switch between different...

SEC chief Gary Gensler to face Congress grueling over crypto policy

FSC chief noted that their primary focus would be setting the groundwork for crypto regulations in the U.S. The United States Securites and Exchange Commission chief Gary Gensler is set to testify before the the House Financial Services Committee for the first time. In an interview, Patrick McHenry, chairman of the Financial Services Committee, confirmed that the SEC chief would have to face Congress' questions over his approach towards the crypto ecosystem on April 18. #NEW: Chairman @PatrickMcHenry confirms @SECGov Chair Gary Gensler will testify before the House Financial Services Committee on April 18th. Republicans will hold @GaryGensler accountable for his flagrant disregard for the law, jurisdiction, and the APA. pic.twitter.com/XRwcrm79PS — Financial Services GOP (@FinancialCmte) March 28, 2023 The House of Representatives Committee on Financial Services is in charge of regulating all aspects of the financial services sector, including banking, securities and digital...

Crunchbase taps AllianceBlock to boost novel applications in DeFi

Crunchbase partners with AllianceBlock to make business data more accessible to blockchain businesses and developers. AllianceBlock, a decentralized finance solutions provider, has partnered with Crunchbase, a prospecting platform, to make its data available to Data Tunnel users. This partnership will make Crunchbase’s business Data more accessible to Blockchain businesses and developers, allowing them to create applications such as default probability models, customer acquisition profiles, maps of untapped markets and more. Crunchbase’s content includes investment and funding information, founding members and individuals in leadership positions, mergers and acquisitions, news and industry trends. The Data Tunnel serves as a platform for both conventional institutions and individuals, who typically rely on multiple sources of information to make well-informed decisions pertaining to their assets. With Data Tunnel, they can share, study and combine information without a middleman. The...

Cointelegraph Markets Pro delivers trading alerts good for 65% gains in a choppy market

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Using proprietary indicators, Cointelegraph Markets Pro crunches real-time data to inform traders before the market moves. Navigating the ever-volatile terrain of the crypto market remains one of the most difficult jobs for traders — but much less so for members of the Cointelegraph Markets Pro community.  With an institutional-grade crypto intelligence platform at their service, Cointelegraph Markets Pro subscribers have been able to spot significant price movements for crypto assets before the market moves on a regular basis. This prescient ability is actually the working of Cointelegraph Market Pro’s algorithmic tools, which are designed to spot coins showing historically similar signs to coins that have moved significantly in the past. Last week, Cointelegraph Markets Pro alerts by the Newsquakes, Twitter Volume and On-Chain Activity indicators led Markets Pro members to opportunities to make 65% gains with just three trades! OAX (OAX) — 39% increase Most Active On-Chain activity ...

Market Strategist Discusses 'Super Bubbles' Bursting — Warns of 'Outrageously Consequential, Painful Effects'

Market strategist Jeremy Grantham, co-founder of asset management firm GMO, has warned of “super bubbles” bursting. He explained that the Federal Reserve has “created an environment conducive to a chain-linked series of super bubbles that break with outrageously consequential, painful effects.” Jeremy Grantham’s Warnings Investment strategist Jeremy Grantham shared his U.S. economic outlook with economist David Rosenberg during a Rosenberg Research webcast, published on March 16. Grantham is a co-founder and chief investment strategist of asset management firm GMO. He has been an investment strategist for over 40 years and has served on the investment boards of several non-profit organizations. Grantham criticized the Federal Reserve for repeatedly causing asset bubbles. He noted that he was not surprised by the recent collapses of major banks. He compared the present economic situation to that of 2000, emphasizing that back then, “the economy had a gent...

Vaneck CEO Predicts Bull Cycle for Bitcoin and Gold — Expects Fed Tightening to End Soon

The CEO of investment management firm Vaneck has predicted a bull cycle for gold and bitcoin. “We are at the very beginnings of what could be a several-year cycle in gold, and I also put bitcoin in that category as well,” the executive said, adding that the Federal Reserve is “close to the end of their tightening.” Bull Cycle for Gold and Bitcoin Jan van Eck, CEO of investment management firm Vaneck, shared his prediction regarding gold and bitcoin in an interview with CNBC last week. His firm has $69 billion in assets under management. When asked whether gold, at its present levels, should be viewed as an investment or a temporary trade that may yield additional profits, he replied: We are at the very beginnings of what could be a several-year cycle in gold, and I also put bitcoin in that category as well. “Finally, as a gold investor, you’ve been rewarded over the last couple of weeks. Weakness in the banking system and gold rallied. That...