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The lead developer of Shiba Inu Shytoshi Kusama has broken his silence and is re-engaging with the community via Telegram, providing major updates. In multiple messages, Kusama shared his enthusiasm and ideas aimed at bolstering Shiba Inu’s ecosystem. “Excited to see ALL the incredible projects on Shibarium. Finally, get to come out of quiet mode for all the amazing projects out there,” one of the messages reads. Kusama adds, “I’ve been talking to VERY important individuals and some top [people] in [the] community for the next phase. Now I can return and support in any way I can as we keep building.”His remarks suggest big changes coming within the Shiba Inu community, that some of the top figures may know about already. Kusama doesn’t namedrop these figures though. Source: NFT News Pro Also Read: Shiba Inu: Whale Movements Increase 2300% Amid Price Surge One of the biggest updates Kusama gave was regarding the LEASH token. Ku...

The Michael Saylor-led software firm has made $132 million in unrealized profits from its Bitcoin bet. MicroStrategy's Bitcoin (BTC) holdings have turned profitable for the first time since July this year as the BTC price has broken through above $30,000. MicroStrategy up $132M in paper profits As of Oct. 23, MicroStrategy held 158,245 BTC worth $4.847 billion, up about $132 million from the original amount invested — at an average rate of 29,870 per BTC. In other words, the firm is now up at least $130 per coin. MicroStrategy Bitcoin holdings as of Oct. 23. Source: BlockchainCenter.Net MicroStrategy started buying Bitcoin in 2020. The firm ramped up purchases in 2023 as BTC's price recovered from extreme losses caused by the Federal Reserve's rate hike policy and high-profile crypto bankruptcies and implosions. In September 2023, MicroStrategy acquired 5,444 BTC by raising an equivalent amount of capital, mirroring the approach that saw the firm buying approximately 12,33...

Bitcoin (BTC) surged to a three-month high during the first trading session in Asia on October 23, igniting hopes of a substantial rally among investors.  While this upswing has indeed rekindled confidence in the pioneer cryptocurrency, there is a strong to remain cautious, according to an October 22 post by prominent crypto analyst Ali Martinez.  Technical indicators point to a trend reversal In his Analysis , Martinez said BTC appears to be facing an “impending price correction,” following the latest rally unless it can print a daily candlestick close above $31,560. There are two main indicators pointing at a potential reversal – a head and shoulders pattern, and the relative strength index (RSI). Cryptocurrency Can SHIB reach $0.50? Yes, if this scenario plays out Cryptocurrency Can BTC reach $45k by the end of 2023? Cryptocurrency Economics professor identifies future security threat to Bitcoin Cryptocurr...

Author：0xMingyue Editor：Colin Wu 1. Singapore Attorney-General’s Office Establishes a Task Force for Digital Currencies this Year link On October 18th, as reported by The Straits Times, the Attorney-General’s Office of Singapore officially established two task forces this year, namely the Technology Crime Task Force and the Cryptocurrency Task Force, which will focuse on various issues raised by cryptocurrencies, including assisting the Singapore Police Force in tracking, seizing and disposing of such assets. 2. South Korea’s Weekly Summary 2.1 South Korean Financial Regulatory Authorities to Establish Protocols for Cryptocurrency Listings, Internal Management, and Circulation Standards link On October 17th, South Korean financial regulatory authorities, in accordance with the supplementary guidelines of the Virtual Asset User Protection Act established in June of this year, are set to formulate standards for cryptocurrency listing procedures, internal controls, supply/circulation volu...

Consensys founder Joseph Lubin has been named in a new lawsuit filed in New York by over two dozen former Consensys employees. Over two dozen former employees of Ethereum infrastructure firm Consensys have filed a fresh lawsuit against the firm’s founder and CEO, Joseph Lubin, over claim s he diluted employee equity shares against earlier promises. The former staff allege that Lubin — who is also a co-founder of Ethereum — breached this “no-dilution promise” made in 2015, according to the plaintiff’s Oct. 19 filing in the Supreme Court of the State of New York. The plaintiffs allege Lubin lured in “smart and motivated” colleagues to work for Consensys in late 2014, claiming the firm would become the “future of cryptocurrency” and the “crypto Google.” Around that time, Lubin allegedly stated in a document that he wouldn’t dilute employee equity shares; the plaintiffs allege he later broke that promise. “It is my intention that the percentage Consensys members receive will not b...

Polkadot Treasury spending surges over 60% in 2023 compared to last year. $21 million (3.9 million DOT) spent in various categories in 2023, up from $13 million (1.7 million DOT) in 2022. Spending was categorized into Development (50%), Outreach (38%), Operations (9%), Research (2%), and Other (1%) in 2023. Blockchain platform Polkadot has just released its latest Treasury Report for the third quarter of 2023. As of October 18, it has been revealed that the Polkadot Treasury’s spending has seen over a 60% surge in 2023 compared to the previous year. The year, although not yet concluded, has already witnessed a remarkable uptick in spending. A total of $21 million (equivalent to 3.9 million DOT) has been spent in various categories, compared to $13 million (1.7 million DOT) in 2022. The report categorizes spending into four main areas: Development, Operations, Outreach, and Research, with some additional costs classified as “Other.” It co...

ALGO hits a 30-day low at $0.08881 after a week-long bearish trend. Oversold ALGO signals a potential price reversal with RSI at 19.67. Chaikin Money Flow at -0.07 hints at dominant selling pressure for ALGO. A bearish trend has dominated the Algorand (ALGO) market in the previous seven days after bulls failed to break above the intra-week high of $0.096183. Consequently, bearish sentiment has prevailed, with the price falling to a 30-day low of $0.08881. Profit-taking by investors intending to profit from the prior bullish run has exacerbated the current market decline. At press time, ALGO was trading at $0.08951, down 1.51% from its 24-hour high. This price decrease has alarmed ALGO investors, who are now intently observing the market for indications of a possible turnaround. If bullish momentum regains market control and breaks over the $0.096183 barrier, ALGO’s next target might be $0.10. However, if the negative trend persists, the price may fal...

When delving into content creation, three pivotal elements demand attention: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of text, while burstiness discerns the fluctuations in sentence structure. Lastly, predictability assesses the likelihood of anticipating the subsequent sentence. While human-authored content often embraces burstiness, incorporating both lengthy, complex sentences and succinct ones, AI-generated sentences tend to exhibit uniformity. Consequently, for the content I’m about to task you with, I require a substantial degree of perplexity and burstiness, coupled with a minimized predictability. Additionally, the stipulation is to compose the content exclusively in English. Now, let’s reframe the given text: Michelle Bowman, a Federal Reserve Board governor, addressed a university audience, emphasizing the necessity for justified and regulated financial innovation. Speaking at Harvard La...

Lightning Labs launches Taproot Assets alpha, a new feature that enables users to create and transfer digital assets on the Lightning Network. Taproot aims to improve the Bitcoin (BTC) network, enhancing privacy, scalability, and security. It allows users to create complex scripts that can be executed on the Bitcoin blockchain while hiding them under a single public key. This might reduce the transaction size, cost, and information revealed to third parties. Lightning Labs, the leading developer of the Lightning Network, has leveraged Taproot to create the new service. This new feature allows users to issue and transfer digital assets on the Lightning Network. These assets can represent anything from loyalty points, gaming tokens, stablecoins, NFTs, and more. You might also like: Bitcoin network hits block 800,000 milestone, here’s why it matters Taproot Assets are created using Tapscript, a scripting language that enables users to define the rules and conditions for issui...

Author: defioasis Last week, Vitalik Buterin’s Twitter account was hacked and used to post phishing links, resulting in user losses of over $690,000. After research, Slowmist Yuxian pointed out that the phishing group behind the theft of Vitalik’s Twitter is still related to the currently popular and rampant PinkDrainer. The hacking method might have been SIM swap or something similar. Two days later, Vitalik confirmed on the de centralized social media platform Farcaster that his Twitter account was indeed compromised via a SIM swap attack. He speculated that the vulnerability might have been exposed when he registered for Twitter Blue, revealing his phone number. He had previously seen advice against using phone numbers for identity verification but unfortunately did not heed it. Vitalik stated that he has since deleted Twitter and has joined Farcaster, where account recovery can be controlled through an Ethereum address. Farcaster is a de centralized protocol for building social a...

Taproot Assets is “how we bitcoinize the dollar and the world’s financial assets,” says Ryan Gentry, director of business development at Lightning Labs. Bitcoin layer-2 infrastructure firm Lightning Labs has release d the mainnet alpha of Taproot Assets, a protocol aimed at enabling stablecoin s and real-world assets to be issued on the Bitcoin and Lightning Network. The current version, Taproot Assets v0.3, will provide a “feature-complete developer experience” to issue, manage and explore stablecoin s and other assets on the Bitcoin blockchain, according to Ryan Gentry, head of business development at Lightning Labs. “We believe this new era for Bitcoin will see a myriad of global currencies issued as Taproot Assets, and the world's foreign exchange transactions settled instantly over the Lightning Network.” “With this release , developers can issue financial assets on-chain in a scalable manner,” Lightning Labs stated on Oct. 18 in a separate post. “Today marks a new era of mu...

Paris, France, October 18th, 2023, Chainwire Paris Blockchain Week, the leading blockchain and Web3 event organiser, announced how the 5th edition (8-12 April 2024) at the Carrousel du Louvre in Paris, France, is shaping up. Signifying the growth of the blockchain and Web3 industry, Paris Blockchain Week 2024 will be a three-day event focusing on cutting-edge industry content, rockstar keynote speakers and networking opportunities with a wide range of blockchain and Web3 communities. Paris Blockchain Week 2024 presents an agenda with key topics of the blockchain and Web3 space, including open finance, artificial intelligence, regulations and CBDCs, corporate Web3, payments and more. Top executives from the pioneering industry players, including David Marcus of Lightspark, Denelle Dixon of Stellar Development Foundation, Yat Siu and Robby Yung of Animoca Brands, Yonni Assia of eToro, Silvio Micali of Algorand, Richard Teng of Binance, Marieke Flament of Near Fou...

An FBI agent reveals Sam Bankman-Fried’s political influence, unveiling his meetings with influential figures, including ex-President Bill Clinton. Bankman-Fried had also met political figures, including New York Governor Kathy Hochul and Mayor Eric Adams. Nishad Singh, the former Director of Engineering at FTX, pleaded guilty to fraud and conspiracy in the FTX case. In a surprising revelation, a recent Bloomberg report has exposed the disgraced FTX founder Sam Bankman-Fried’s calendar meetings, unveiling his scheduled meetings with prominent figures, including ex-President Bill Clinton and New York Governor Kathy Hochul. The report also shed light on the cross-examination of Nishad Singh, the former Director of Engineering at FTX, during Bankman-Fried’s trial on Tuesday. According to FBI special agent Richard Busick’s testimony as a witness, data embedded in the FTX founder’s mobile phone displayed a flurry of engagements involving influential personalities,...