• ChainLink price analysis: LINK crashes by 6% after strong bearish influence

    TL;DR Breakdown ChainLink price analysis is bearish today. The strongest resistance is present at $6.5. LINK trades at $6.1 at the time of writing. ChainLink price analysis for April 19, 2023, indicates a decline in the market, with negative momentum. During the final hours of June 5, 2023, the cryptocurrency LINK exhibited a persistent bearish trend, characterized by a decline in price from $6.5 to $6.36. Additionally, the broader market also displayed a downward trajectory, contributing to a further decrease in the value of ChainLink, ultimately reaching a settlement at $6.1. It is worth noting that this closing value marginally surpassed the crucial threshold of $6. As of today, June 5, 2023, the price of Chainlink (LINK) stands at $6.10, accompanied by a 24-hour trading volume of $463.41 million. The market capitalization of Chainlink is valued at $3.16 billion, with a market dominance of 0.29%. Over the past 24 hours, the LINK price has experienced a decrease of 5.83%. Presently, the sentiment surrounding Chainlink’s price prediction is bearish, and the Fear & Greed Index indicates a neutral sentiment with a…

    Article 2023年6月10日
  • EU officials push for transparency in AI-generated content to combat disinformation

    TL;DR Breakdown European Union officials are advocating for transparency in AI-generated content to combat disinformation. Companies deploying generative AI tools, such as ChatGPT and Bard, should label their content and implement safeguards against the spread of disinformation. EU tech industry signatories, including Google and Microsoft, are expected to report on their safeguards for AI-generated content, while Twitter’s actions will face increased regulatory scrutiny. European Union (EU) officials advocate for additional measures to promote transparency in artificial intelligence (AI) tools, including OpenAI’s ChatGPT, to tackle the spread of disinformation. Vera Jourova, the vice president for values and transparency at the European Commission, emphasized the need for companies deploying generative AI tools to label their content and implement safeguards against disseminating AI-generated disinformation. Jourova called for signatories, including major tech companies such as Microsoft and Google, to recognize the potential of generative AI to generate disinformation and take steps to label such content clearly. This move empowers users to differentiate between genuine and potentially misleading information. The EU’s existing “Code of Practice on Disinformation,” established in 2018, serves as a self-regulatory standard…

    Article 2023年6月10日
  • Russia embraces crypto amid international sanctions and rising cyber threats

    TL;DR Breakdown As economic sanctions and cyberattacks amplify, Russia is turning towards cryptocurrency as a potential safeguard. Financial entities like Rosbank are innovating with crypto-based solutions, including a cross-border payment system. Amid an escalating geopolitical climate and intensified cyberattacks from Ukrainian hackers, the trend of increased crypto usage in Russia is likely to continue. With sanctions biting hard and cyberattacks causing havoc, Russia is increasingly turning towards cryptocurrency as an economic safety net. The rate of cryptocurrency use in the country rose to 14% in 2023, an increase of 4%, and quadruple the growth rate of the US, according to a recent survey by Statista. In contrast, the US user rate grew by only 1%, reaching 16%. The harsh impact of international sanctions drives the surge in Russian crypto use. To bolster the rouble, the Bank of Russia has restricted the withdrawal of US dollars, a common tactic deployed by nations facing monetary crises. Meanwhile, the decline in US dollars and Euros flowing into Russia has seen a crypto boom, despite the country’s stringent attempts to ban such activities. Despite…

    Article 2023年6月9日
  • Jack Dorsey endorses pro-Bitcoin candidate Robert F. Kennedy Jr. for president in 2024

    TL;DR Breakdown Jack Dorsey, co-founder of Twitter, has officially endorsed Robert F. Kennedy Jr. as a presidential candidate for the Democratic Party. Kennedy, known for his controversial views on COVID-19 vaccines and environmental law expertise, has gained attention for his pro-Bitcoin stance. Recent polls show varying levels of support for Kennedy, posing challenges for current President Joe Biden’s re-election bid in 2024. Jack Dorsey, the co-founder of Twitter and current CEO of fintech firm Block, has officially endorsed Robert F. Kennedy Jr. as a presidential candidate for the Democratic Party. Dorsey took to Twitter on Sunday, sharing a video clip of Fox News’s Harris Faulkner interviewing Kennedy under the title “Robert F. Kennedy, Jr. argues he can beat Trump and DeSantis in 2024.” Alongside the clip, Dorsey added the comment, “He can and will,” indicating his support for Kennedy’s candidacy. He can and will https://t.co/zrKLc2BKhz — jack (@jack) June 4, 2023 Kennedy’s pro-Bitcoin stance and rising support pose challenges for Biden Robert F. Kennedy Jr., the nephew of former President John F. Kennedy, has a distinguished career as an environmental…

    Article 2023年6月9日
  • Former OKX exec Rachel Conlan joins Binance as Vice President of Global Marketing to drive expansion

    TL;DR Breakdown Binance, one of the leading cryptocurrency exchanges, appoints Rachel Conlan as Vice President of Global Marketing to enhance its market share and expand its reach. Conlan, previously from OKX, brings extensive experience in brand partnerships and aims to celebrate the existing community, attract new users, and resonate with non-believers to drive crypto adoption. As Binance faces regulatory challenges, Conlan’s appointment is part of the company’s efforts to reinforce its position as a trusted industry leader and navigate the evolving crypto landscape. Binance, one of the world’s leading cryptocurrency exchanges, has appointed Rachel Conlan as its new Vice President of Global Marketing. The move comes as the company looks to bolster its shrinking market share and expand its reach in the crypto space. Conlan, who previously held the position of Global Head of Brand and Partnerships at rival exchange OKX, brings a wealth of experience to her new role. Conlan’s appointment aims to strengthen Binance amid regulatory scrutiny Conlan’s primary objective at Binance is to help the company reach one billion users, a significant increase from its current user…

    Article 2023年6月9日
  • Top blockchain accelerators in 2023

    TL;DR Breakdown In 2023, blockchain accelerators have experienced significant growth and expansion, with the demand for blockchain technology surging across multiple industries. Accelerators in 2023 have developed specialized support programs tailored to meet the unique needs of blockchain startups.  Leading blockchain accelerators have expanded their operations internationally, recognizing the global nature of blockchain innovation. If you are a blockchain startup founder in the early phases of developing your company, blockchain accelerators can help you. With chances for blockchain and crypto companies growing, now is the moment to board the rocket ship. It’s critical to understand that there are blockchain accelerators and incubators. Pay attention to the differences and similarities in both, as well as their unique features. Contents hide 1 What are blockchain accelerators and incubators? 2 Blockchain Accelerators to pay attention to in 2023 2.1 1. Alta 3 2. Blockchain Founders Fund 4 3. Boost VC 4.1 4. dlab Programmatic Venture Capital 4.2 5. GBV Capital What are blockchain accelerators and incubators? Blockchain accelerators are programs or initiatives that provide support, resources, and mentorship to startups or projects working…

    Article 2023年6月9日
  • Scammers offer hacking services on government websites

    TL;DR Breakdown Scammers have besieged government and university websites to post ads for hacking services. Concerns arise over the security of these websites. Scammers have carried out a large-scale spam campaign targeting official websites of various U.S. state, county, and local governments, federal agencies, and universities. The campaign involved the uploading of PDF files containing advertisements promoting hacking services and fraudulent activities. Some of the affected websites include those belonging to state governments (California, North Carolina, New Hampshire, Ohio, Washington, and Wyoming), county governments (St. Louis County in Minnesota, Franklin County in Ohio, Sussex County in Delaware), local municipalities (Johns Creek in Georgia), and universities (UC Berkeley, Stanford, Yale, and more). Scammers post illegal services ads on the websites The scammers advertisements within the PDF files led to websites offering services for hacking Instagram, Facebook, and Snapchat accounts, cheating in video games, and generating fake followers. Although the campaign primarily aimed to promote scam services, the presence of security vulnerabilities raises concerns about potential malicious activities. The PDFs, found by a senior researcher at Citizen Lab, indicate a larger spam…

    Article 2023年6月9日
  • Polkadot price analysis: DOT target earlier return to $5.5 after recent decline

    TL;DR Breakdown . Polkadot price back up to $5.37 . DOT targets $5.5 resistance at current trend . Technical indicators suggest for price uptrend Polkadot price analysis shows price recording a minor uptrend from yesterday’s price level to reach as high as $5.37. DOT has been on the up over the past few days, since dropping down to $5.16 at the start of June. Polkadot price has swerved over the past month around the close range of $5.4-5.5, and has now placed that region as the next resistance point. The token last breached the $5.5 mark on May 29, before suffering a 12 percent decline to drop as low as $5.1 since then. DOT technical indicators seem to be on the up, with trading volume increasing more than 24 percent, and market capitalisation inclining up to $7,064,151,329. The larger cryptocurrency market showed a slight uptrend from yesterday’s price across the board, with Bitcoin rising up to $27,300, and Ethereum moving up to $1,900. Among leading Altcoins, Ripple rose 4 percent to $0.54, with Cardano making a 2 percent jump to…

    Article 2023年6月9日
  • Liquity price analysis: LQTY struggles at $1.211 as bears reinforce control

    TL;DR Breakdown Liquity price analysis shows LQTY is facing a decline today. Price levels have lowered to the $1.211 value. A further drop may cause the price to go below $1.897 support. The current Liquity price analysis reveals a significant downturn in the price, as the LQTY bulls face notable challenges in the market. The price has been steadily declining at a faster pace, causing it to reach a new low of $1.211. Despite the bulls’ attempts to push the price higher in the previous session, they have struggled to overcome the prevailing bearish momentum that has gained strength today. At present, the bulls are focused on preventing the crucial support level at $1.897 from giving way to further downside pressure. This critical level holds the key to determining the near-term trajectory of Liquity’s price. LQTY/USD 1-day price chart: Bears initiate their struggle for a lower price The 1-day Liquity price analysis indicates a decline in price as the bears make a comeback, challenging the bulls for dominance. Over the past four days, the cryptocurrency has experienced significant growth, with…

    Article 2023年6月9日
  • Metropolitan Museum of Art Agrees to Return $550K in Donations from FTX

    TL;DR Breakdown Metropolitan Museum of Art plans to return $550K in donations from cryptocurrency exchange FTX, which filed for bankruptcy. The museum’s decision showcases its dedication to financial transparency and ethical responsibility, setting an example for other organizations in the art and cultural sector. The Metropolitan Museum of Art, located in New York, has recently announced its decision to return a sum of $550,000 in donations it received from cryptocurrency exchange FTX prior to the exchange’s collapse in November. The museum confirmed its intention to repay the funds to FTX debtors, following negotiations conducted in good faith. This move comes as FTX’s management attempts to reclaim its donations from various individuals and organizations, including politicians. The Metropolitan Museum of Art’s decision highlights its commitment to upholding ethical standards and financial transparency. Contents hide 1 The Metropolitan Museum of Art’s Pledge to Return Donations 2 FTX’s Efforts to Recover Donations 3 Upholding Ethical Standards in Cultural Institutions 4 Conclusion The Metropolitan Museum of Art’s Pledge to Return Donations The Metropolitan Museum of Art, one of the world’s most prestigious cultural institutions,…

    Article 2023年6月9日
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