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Bitcoin Gold (BTG), a cryptocurrency infamous for being one of the select few that fell victim to a 51% attack, has been aggressively rising over the last few days. Bitcoin Gold went from $13.38 on July 30 to $21.41 today, July 31 — a 60% rise in one day, CoinMarketCap data shows. While the increase in price is notable on its own, the increase in volume has also drawn a lot of attention. The volume went from about one million when the price was about to start increasing on July 30 to $347 million on July 31 — a 34,600% increase. Despite the sharp value increase, Bitcoin Gold’s current price of $19.08 is still a far cry from its all-time high of nearly $500 reached in 2017. The current price is over 95% lower than its record price. Bitcoin Gold has never fully recovered after its fell victim to a successful 51% attack and a double spend. It was largely inactive even before the attack, with the GitHub repository of its official client lying mostly dormant since 2019. Bit...

COMP’s price rose by more than 3% over the past day despite the cryptocurrency market going through a bearish slump. Many believe COMP was benefiting from Curve Finance’s recent troubles. A daily close above $74.66 may clear a path for COMP to rise to $85.19 in the coming week. Compound (COMP), a decentralized finance (DeFi) lending platform, experienced bullish momentum today, surging by 3.69% to $74.66, according to CoinMarketCap. This happened despite the fact that the digital currency ecosystem is going through an emphatic bearish slump, leading to major losses for some of the most popular cryptocurrencies. COMP’s 24-hour success enabled the altcoin to gain strength against the two market leaders, Bitcoin (BTC) and Ethereum (ETH). At press time, COMP was up 3.13% and 3.75% against BTC and ETH, respectively. Furthermore, the cryptocurrency’s trading volume during this period surged by over 200%, reaching $169,596,804 as a result. The significant r...

In the competitive crypto market, Toncoin (TON) is a worthy contender whose activity has surpassed (BNB) and Ethereum (ETH), thereby attracting considerable investor interest. However, a new player, InQubeta, has gained significant attention in crypto-focused Telegram channels, generating discussions and curiosity among investors.  This article delves into the reasons behind the growing popularity of the InQubeta crypto artificial intelligence (AI) project. InQubeta   is dominating crypto Telegram channels InQubeta, a platform aiming to democratize investments in AI startups, is popular in the crypto scene. Its native token, QUBE, dominates crypto -centric Telegram channels for several reasons.  Firstly, QUBE can allow investors to participate in fractional AI investments. By acquiring QUBE, investors become stakeholders in the platform’s governance and the supported AI startups. This model can open AI investments to a broader audience, breaking the exclusivity previ...

The Maker DAO community has voted to introduce the Enhanced Dai Savings Rate (EDSR). EDSR will increase the effective DSR available to users in the early bootstrapping stage when DSR utilization is low. Maker DAO’s community, Rune, submitted the EDSR proposal on July 19, 2023. The Maker DAO community has voted to introduce the Enhanced Dai Savings Rate (EDSR). The voting, which was performed through GOV12.1.2, will temporarily increase the effective DSR available to users in the early bootstrapping stage when DSR utilization is low. The MakerDAO community has voted through GOV12.1.2, which will introduce the Enhanced Dai Savings Rate (EDSR), to temporarily increase the effective DSR available to users in the early bootstrapping stage when DSR utilization is low, and will increase the DSR utilization as the… pic.twitter.com/88WQGUMKKi — Wu Blockchain (@WuBlockchain) July 29, 2023 As posted on the Maker DAO forum, The EDSR is determined based on the ...

ETH faced rejection at $1,898 as buying pressure failed to overthrow sellers’ presence. A sell signal could arise if the MFI continues its downtrend and ETH doesn’t hit a higher high. While slight bullish sentiment appeared, ETH might not eventually succumb to an uptrend. Although traders have shifted attention from Ethereum (ETH) and Bitcoin (BTC) lately, ETH was on the verge of finally losing hold of any sign of a bullish pattern. Recently, the altcoin has been hovering sound $1,860— a similar range it was seven days ago. ETH’s biggest concern might not be breaking above the $2,000 region, but its potential to lose hold on $1,800. However, if the crypto market cap recovers from its decline, then ETH could approach $2,000 and possibly move above it. ETH Has Been Rejected From the 4-hour chart, ETH’s attempt to cross into the $1,900 has been met with an overwhelming rejection at $1,898. The pause in the up trend could be linked to traders’ inclinatio...

Crypto detective ZachXBTexposes popular influencer Layah Heilpern. Layah and her manager Gideon Heilpern had what appears to be a scripted conversation to promote Damex. Community members say this is not her first attempt at shilling projects without disclosing her ties to them. On-chain sleuth ZachXBT exposed crypto influencer Layah Heilpern in a Twitter post where he shared a conversation that Heilpern had with Gideon Heilpern about Damex, a digital asset finance application. “Totally an organic conversation lol,” said ZachXBT referring to the interaction that appeared to be scripted. Totally an organic conversation lol pic.twitter.com/ZP9ba9MO9y — ZachXBT (@zachxbt) July 25, 2023 “I’m always looking for a new crypto visa card,” said Layah Heilpern. “Just ordered @damex_io. I hear their finance app is a combo of coinbase & revolut. It’s available in the UK and EEA. But it can be used worldwide which is great because I don’t live in the misera...

Solana , XRP, and Stellar -based crypto investment products have seen a rise in Assets Under Management [AUM] and a spike in activity. On a monthly basis, XLM products surged by 62.7% to $17.3 million. The rise came on the back of a pump registered by Grayscale’s XLM product. XRP and SOL products recorded 33.2% and 55.7% increases in AUM. The figures currently stand at $65.7 million and $87.8 million respectively. Source: CCData Also Read: $7.4 Million Asset Managing Stellar Lumens Fund Shares Pump 430% Investors pick ETCs over ETFs Over the past few weeks, a flurry of ETF-related developments has taken place. Specifically, asset managers from around the world, right from the U.S. to Europe and Australia, filled out applications and launched their products. However, in July, Exchange Traded Commodities [ ETCs ] registered the highest increase in AUM. They recorded a 31.4% rise to $2.67 billion. In that process, their market share rose from 6.11% to 7.91% in a month. ETCs were fo...

Join Our Telegram channel to stay up to date on breaking news coverage Miami Heat’s player Jimmy Butler has requested to be removed from the class action lawsuit filed against Binance by Moscowitz Law Firm and Boies Schiller Flexner. The NBA six-time All-Star denied that his tweets suggested buying specific securities, clarifying that his advice was for investors to stop relying on celebrities’ recommendations. Trust yourself. 02.13.22 Here's a message from all-star basketball forward @JimmyButler ⤵️ pic.twitter.com/WS9XCQrlhO — Binance (@binance) February 2, 2022 In a Twitter post, the player urged investors to conduct their own research before investing in crypto, stating, “They don’t know you or your finances.” CZ, Binance, and Multiple Influencers Named in $1 Billion Lawsuit In April 2023, Binance’s CEO CZ, along with Binance itself and three crypto influencers, including Jimmy Butler, faced a $1 billion lawsui...

According to the research, combining the technologies will result in 12 distinct advantages over the traditional educational system. Mehmet Fırat, a researcher at Anadolu University in Turkey, recently published research envisioning a multi-tech solution to the problems challenging the traditional education al system called the “Smart Open Education Eco system ” (SOEE). The research combines blockchain, decentralized autonomous organization (DAO), non-fungible token (NFT), multimodal learning analytics (MMLA), and artificial intelligence (AI) technologies to form a self-contained educational ecosystem. The interconnected learning system, screenshot: Firat, 2023 Per a research paper authored by Firat and published on July 25, “Equity, fair opportunity, and access issues can be considered among the most significant handicaps of education in today's world.” Firat proposes an “open education” system running blockchain that uses generative AI systems such as ChatGPT or the like to in...

A ransomware attack hit the Italian asset management company Azimut, which manages over $87 billion in assets. BlackCat, also called ALPHV, has claimed responsibility for the attack. The hacker group claimed it has “stolen over 500 GB of potential data.” The group has demanded an undisclosed amount in payment from Azimut, most probably in crypto . The firm said it would not comply with the ransomware group via a public statement released on July 24. A ransomware attack involves the encryption or theft of data, followed by a ransom demand. The attackers then decrypt or return stolen data upon payment. Ransomware groups often demand crypto payment due to their anonymity. Also Read: FBI Protects Over $130M In Cryptocurrency Ransomware From ‘Hive’ In its ransom letter, BlackCat allegedly included sensitive photos of customer data. They also claim to have access to the complete financial information of many customers. Information includes company reports, details on st...

User’s Tweet Showing ‘Unavailable’ According to a report by Twitter Daily News, which boasts an impressive following of over 161,000 users, numerous individuals have encountered issues with tweets and replies randomly displaying the message “This tweet is unavailable.”  advertisement We've also seen reports of a wave of DMCA related suspensions. X team may want to investigate https://t.co/DkEQRLlkIj — T(w)itter Daily News  (@TitterDaily) July 24, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read Top Crypto Marketing Firms / Agencies 2023; ...

The social media giant, Twitter , has officially re brand ed its logo to “X.” On July 23, owner Elon Musk said that “We shall bid adieu to the Twitter brand and, gradually, all the birds.” A day later, the platform officially made the transition. JUST IN: Twitter officially re brand s website logo to X. pic. Twitter .com/UwQ8DlM8Av — Watcher.Guru (@WatcherGuru) July 24, 2023 Newly appointed CEO, Linda Yaccarino, also shared the news, stating “X is here! Let’s do this.” X is here! Let’s do this. pic.twitter.com/1VqEPlLchj — Linda Yaccarino (@lindayacc) July 24, 2023 Before finalizing the logo design, Musk asked his 149 million followers for ideas. The “X” brand has long been talked about by Musk. In fact, in April 2023, the social media platform was officially absorbed by X Corp. Meaning that on paper, the platform has been called X Corp for about three months. Musk has also revealed that he wants...

Will SEC’s Appeal Impact XRP? With the judge ruling that the programmatic sale of XRP tokens via exchanges does not qualify them as securities, the question now arises as to what would be the legal standing if the SEC does appeal against the ruling. Attorney John Deaton, who represents over 75,000 XRP token holders, explained the ifs and buts of how the Summary Judgment would come into force. advertisement Also Read: Bitcoin Price: Don’t Miss These Key Crypto Market Movers This Week On Friday, the US SEC mentioned in its filing in the Terraform Labs CEO Do Kwon’s case that it intends to seek a review of the decision in the Ripple lawsuit. This came after Kwon showed intent to use the XRP lawsuit verdict as a precedent for digital assets not being treated as securities. US SEC Appeal Not A Setback Amid speculation that a possible appeal by the US SEC would be a setback for the crypto market, Attorney Deaton clarified that even if the ag...