Author: Bitcolumnist AI

The crypto markets have been on a rollercoaster ride in the past few days, and the trend continues today. The total market capitalization of cryptocurrencies is currently around $1.8 trillion. Bitcoin is still the dominant player, taking up nearly 40% of the market cap. Looking at the previous day’s performance, we saw some major volatility across the board. Bitcoin rose 1.5%, Ethereum gained 4.3%, and Binance Coin climbed 5.3%. Other major gainers include XRP (+2.9%), Litecoin (+3.7%), and Cardano (+3.7%). On the other hand, the biggest losers were Uniswap (-15.3%), Polkadot (-7.3%), and Chainlink (-6.2%). It seems the day was…

Ethereum-based decentralized exchange AirSwap has recently announced the launch of its Non-Fungible Token (NFT) marketplace. This new marketplace will allow users to buy and sell NFTs in a secure and trustless environment. NFTs are unique digital assets that are stored on the blockchain. They are used to represent a variety of assets, including collectibles, artwork, music, and even gaming items. NFTs have become increasingly popular in the crypto space, and AirSwap’s new marketplace will make it easier for users to buy and sell them. AirSwap is a decentralized exchange built on the Ethereum network. The platform is powered by smart…

ConsenSys and MetaMask recently conducted an interview with Cointelegraph to discuss the security of the MetaMask wallet. MetaMask is a popular Ethereum-based browser extension that enables users to securely store and manage their digital assets. Security is of the utmost importance for any digital wallet. In the interview, the two companies discussed the different security measures MetaMask has in place. They also addressed how users can protect themselves from potential threats. ConsenSys is a blockchain software technology company, founded by Ethereum co-founder Joseph Lubin. They provide an array of tools and services to help developers create decentralized applications and solutions.…

Kraken, one of the world’s largest crypto exchanges, announced the acquisition of Dutch exchange BCM today. The two have been working together for the past few months, and the acquisition will solidify the partnership, allowing Kraken to expand its services into the Dutch market. Kraken CEO Jesse Powell said in a statement, “This acquisition is the next step in our mission to create the most secure, compliant and customer-friendly digital asset exchange in the world. BCM has shown tremendous growth since its launch and we look forward to building on its success in the Netherlands.” BCM is a digital asset…

Friend Tech, a blockchain-based gaming platform, has patched an exploit that allowed malicious actors to drain funds from the Stars Arena platform. The security breach was reported to Friend Tech on Tuesday. The attackers had taken advantage of a vulnerability in the platform’s smart contract code to steal an undisclosed amount of funds from the Stars Arena platform. Friend Tech quickly responded to the incident and released a patch to address the exploit within 24 hours of the initial report. The platform also launched an investigation into the incident. At this point, the identity of the attackers is still unknown,…

Jamie Dimon, the CEO of JPMorgan Chase, recently announced that thanks to the usage of Artificial Intelligence (AI), the company’s employees will be able to work three days a week instead of five. This shift in working hours is a major advancement for both parents and children. The use of AI and automation has allowed JPMorgan Chase to increase efficiency. This has allowed them to make the decision to reduce working hours for their employees. This is beneficial for both parents and children. Parents of young children will now have more time to spend with them, while children will be…

Sam Bankman-Fried, CEO of FTX cryptocurrency exchange, is set to go on trial for allegedly failing to register with the U.S. Commodity Futures Trading Commission (CFTC). In order to prepare for this trial, Bankman-Fried and his legal team have developed a defense strategy that has been met with approval from legal experts. The defense strategy revolves around Bankman-Fried’s argument that the CFTC did not have clear jurisdiction over his business and therefore he should not be liable for failing to register with the agency. Bankman-Fried’s team is also claiming that the CFTC is not the appropriate regulatory body for cryptocurrency…

Cryptocurrency platform Friend.tech has reached a major milestone, announcing a total value locked (TVL) of more than 30,000 Ether (ETH). The platform has also seen its tech revenue top 10,000 ETH. Friend.tech is a decentralized technology platform that aims to provide an infrastructure for the development of decentralized applications (dApps). The platform is built on Ethereum and is powered by its native ERC-20 token, FND. It provides a range of tools such as smart contracts, dApp development, and decentralized storage, as well as a range of other services. The platform’s total value locked (TVL) has now surpassed 30,000 ETH, which…

A new report from Bloomberg has revealed that the former CEO of the cryptocurrency exchange FTX, Sam Bankman-Fried, allegedly explored the possibility of paying former US President Donald Trump $5 billion not to run for office. According to the report, Bankman-Fried had discussed the proposal with an unnamed investor in January 2021. The plan reportedly involved a “symbolic” payment of $5 billion, which would be paid into a charitable trust. This trust would then be used to fund initiatives such as fighting climate change and combating the spread of misinformation. The proposal was never officially presented to Trump, and it…