10 - 2023 | MachinaTrader.com

Cardano’s Project Catalyst Fund10 Faces Challenges in Decentralized Funding

Cardano’s Project Catalyst Fund10 recently concluded with record-breaking participation and a surge in community engagement. Over 400,000 ADA enthusiasts participated in the funding round, submitting 1,500 developmental ideas. However, amidst the ambitious funding requests and applications, controversies arose, highlighting the need for scrutiny and transparency in decentralized funding initiatives.Project Catalyst, known as the largest decentralized […]

BitVM Unveils Groundbreaking Computing Paradigm for Bitcoin, Challenges Altcoins

The Bitcoin developer community has introduced a groundbreaking methodology called BitVM, which allows for Turing-complete Bitcoin contracts without modifying the network’s consensus rules. BitVM verifies computations rather than executing them directly on Bitcoin, similar to optimistic rollups. This development has sparked excitement and debate on online forums, with some suggesting that BitVM could render altcoins […]

Ordswap Faces Security Breach, Introduces Recovery Tool for Users

In a recent security breach, Ordswap, a prominent marketplace for Bitcoin Ordinals, has lost control of its website, putting users at risk of phishing attacks. The compromised website directed users to a phishing link, aiming to trick them into revealing their private keys and sensitive information, posing a severe threat to their cryptocurrency assets. In […]

Trust Wallet Token (TWT) Surges 20% Amidst Speculation of Major Announcement

Trust Wallet Token (TWT) has experienced a significant 20% increase in value, standing out amidst a week of modest gains in the digital asset markets. Trust Wallet, a popular self-custody hot wallet for cryptocurrencies, has gained recognition for its reliability and user-friendly experience, accumulating over 70 million downloads since its acquisition by Binance in 2018. […]

Hong Kong’s CMCC Global Raises $100 Million for Asian Blockchain Startups

In a challenging market environment for crypto firms, Hong Kong-based venture capital firm CMCC Global has raised $100 million for its Titan Fund, aimed at supporting Asian blockchain startups. This comes as global venture capital investments in crypto have declined by 70.9% year-on-year, with a 54.5% drop in the number of deals. The fund has […]

Robert F. Kennedy Jr. Drops Democratic Bid, Declares Independent Candidacy with Pro-Crypto Stance

Pro-crypto candidate Robert F. Kennedy Jr. has announced his decision to drop out of the Democratic primary and run as an independent candidate for the United States presidency. Kennedy has been a vocal supporter of cryptocurrency and aims to make America the global hub for digital currencies, particularly Bitcoin. He has proposed backing the USD […]

Alameda CEO’s Poor Leadership Blamed for Firm’s Financial Troubles

In the ongoing trial of Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, his lead attorney argued that the firm’s former CEO, Sam Bankman-Fried, was responsible for the company’s financial troubles. According to the attorney, Bankman-Fried had advised the CEO to put on a hedge, but she failed to do so, leading to dire consequences […]

Ethereum’s Trading Day Volatile After Ethereum Foundation Selloff

Ethereum, the second-largest cryptocurrency by market cap, had a challenging trading day after the Ethereum Foundation sold off some of its holdings. However, the cryptocurrency has managed to recover approximately one-third of the value it lost since news of the sale emerged. This development highlights the volatility and fluctuations in the cryptocurrency market. Investors and […]

Bitstamp in Talks with Major European Banks to Expand Crypto Services

Bitstamp, a cryptocurrency exchange, is reportedly in talks with major European banks to expand its crypto services and products ahead of the rollout of the region’s MiCA rules. The exchange aims to tap into partnerships with these banks to bring crypto to more people. It is expected that these banks will begin offering crypto services […]

Former BlackRock Executive Predicts Simultaneous Approval of Spot Bitcoin ETFs by SEC

Former BlackRock executive, Martin Bednall, believes that the United States Securities and Exchange Commission (SEC) will approve all spot Bitcoin Exchange Traded Fund (ETF) applications simultaneously. Bednall made this prediction during a panel discussion at the CCData’s Digital Asset Summit in London. He is optimistic about the approval of ETF applications from BlackRock, Fidelity, WisdomTree, […]