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Bitcoin Struggles to Break $31,000 Despite Fading Inflation Risks

July 14, 2023 by Arnold Potts

Bitcoin investors experienced a brief surge in price following a report of a substantial slowdown in U.S. inflation. However, the upward trend did not last long, as Bitcoin’s price dropped below $30,500, representing a 1% decrease from the pre-Consumer Price Index (CPI) …

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The Emergence of a Euro Stablecoin: A Game Changer for European Crypto Markets

July 14, 2023 by Arnold Potts

and dollars in global trade and finance. As the use of euro-backed stablecoins increases, it would create a more balanced ecosystem where the dominance of the U.S. dollar is challenged. This shift towards euro-backed stablecoins would also have implications for the European …

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Circle CEO Suggests Stablecoins Could Aid China’s Digital Yuan Adoption

July 13, 2023 by Arnold Potts

China’s decision to close its doors to decentralized cryptocurrencies has not deterred Circle CEO Jeremy Allaire, who believes that stablecoins could still play a significant role in the proliferation of China’s digital yuan. Allaire, the head of the company behind the USD …

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Rodeo Finance Exploited for $1.53 Million: Another Blow to Arbitrum-based DeFi Protocol

July 13, 2023 by Arnold Potts

Arbitrum-based decentralized finance (DeFi) protocol Rodeo Finance has fallen victim to yet another exploit, losing a staggering $1.53 million. This incident, which occurred on July 11, marks the second time within a week that Rodeo Finance has been targeted by hackers. The …

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Axelar Partners with Microsoft to Bridge Public and Private Blockchains and Improve Trust in AI

July 13, 2023 by Arnold Potts

Cross-chain protocol Axelar and tech giant Microsoft have recently formed a partnership to connect public and private blockchains. This collaboration marks a significant milestone for Axelar, as it becomes the first cross-chain protocol to be listed on Microsoft’s Azure marketplace. Through this …

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Why is Polygon’s (MATIC) Price Up Today? Insights into the Recent Surge

July 12, 2023 by Arnold Potts

Polygon’s (MATIC) price has experienced an increase today, following the positive movement seen across the broader cryptocurrency market. Traders are currently evaluating a combination of fundamental factors to assess the reasons behind this price surge. On July 11, the price of MATIC …

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US Senators to Receive Classified Briefing on Artificial Intelligence as Regulation Discussions Continue

July 12, 2023 by Arnold Potts

Senators in the United States have been granted the opportunity to be briefed by the White House on the topic of artificial intelligence (AI). The purpose of this briefing is to provide lawmakers with a better understanding of AI as they continue …

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Bug Bounties: Enhancing Security through Collaboration and Incentives

July 12, 2023 by Arnold Potts

at cybersecurity company Bugcrowd explains, “Bug bounty programs can be seen as an investment in security. Instead of spending potentially large sums on security audits that may not necessarily uncover all vulnerabilities, organizations can incentivize a large community of researchers to continuously …

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BlackRock CEO Larry Fink’s Change of Heart on Bitcoin Could Have Major Implications for the Crypto Industry

July 11, 2023 by Arnold Potts

BlackRock CEO Larry Fink’s recent change of heart on bitcoin has sparked both optimism and concern within the cryptocurrency industry. While some experts believe that Fink’s support could pave the way for fellow Wall Street executives to embrace cryptocurrencies, others argue that …

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Crypto Founders on Crypto Hubs: Interview with Zumo Co-founder and CEO on Choosing Edinburgh as a Startup Hub

July 11, 2023 by Arnold Potts

Conduct Authority) registration is actually through an umbrella arrangement, so we have a registered entity in England, but our main operations are in Edinburgh. We are currently in the process of finalizing our registration with the Abu Dhabi Global Market (ADGM) as …

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