Following a huge surge in cryptocurrency prices this year, crypto is going through a consolidation period, Galaxy Digital Holdings Ltd (Pink: BRPHF) CEO Mike Novogratz said Wednesday on CNBC’s “Squawk Box.” Levels To Watch: $40,000 is an important level for Bitcoin (CRYPTO: BTC) to hold, Novogratz said, adding that if it falls below $40,000, $38,000 will be the next level to watch. For Ethereum (CRYPTO: ETH), the $2,800 level “seems to be an important level to hold.” Novogratz noted the two most
China’s latest cryptocurrency ban combined with regulatory fears to push the total crypto market cap back below the $2 trillion mark. AMC Theatres said it will accept crypto payments before the end of the year, and most recently, Verifone — one of the largest providers of merchant payment terminals globally — announced a deal with BitPay to offer crypto payment processing. According to Bloomberg, Treasury officials are on the brink of announcing a crypto policy framework.
BEIJING (Reuters) -China’s cyberspace watchdog and other government bodies will set up governance rules for algorithms in around three years, it said on Wednesday, as Beijing seeks to tighten its grip on the algorithms technology companies use to attract users. The Cyberspace Administration of China (CAC) said in a statement that algorithms developed by technology firms should uphold core values of socialism and that enterprises should set systems for algorithm safety and responsibility. CAC also said it would establish professional evaluation teams to deeply analyze the mechanism of the algorithm and algorithms should become “fair and transparent”.
Blockchain cybersecurity startup OpenZeppelin this morning announced a $23 million investment in Forta, a security service aimed at smart contracts. Per Brener, OpenZeppelin will retain a stake in Forta. Forta is a neat project that comes at an interesting point for the larger blockchain community.
DUBAI (Reuters) -Authorities have let people make calls over WhatsApp and other internet apps in the grounds of the Expo 2020 Dubai world fair, opening up a chink in a ban that has long frustrated businesses and residents. Most applications using Voice over Internet Protocol (VoIP) services – free internet-to-internet voice and video calls – have been blocked in the United Arab Emirates for years, angering many particularly since the start of the pandemic https://www.reuters.com/article/us-health-coronavirus-gulf-telecoms-idUSKBN21A2DR. On Wednesday Reuters found people were able to make and take voice calls using WhatsApp and Skype from the Expo site, which will open to businesses and other exhibitors from almost 200 countries on Friday.
Get it now! We can’t believe the Nintendo Switch is back in stock on Amazon—it’s been a hot commodity since last year. Get it now! Amazon has plenty of useful gadgets for gifting friends and family, like this Levoit Air Purifier.
Decentralized finance protocol Compound plunges 10% after overpaying millions of liquidity mining rewards; bitcoin, ether rise
Decentralized finance (DeFi) lending protocol Compound saw its token COMP plunge by roughly 10% Thursday, after a bug in its computer program rendered the platform overpaying millions of dollars in COMP as liquidity mining rewards. Compound is the world’s fifth largest decentralized finance protocol, with more than $9 billion value locked, according to data provider DeFi Pulse. Like many other DeFi platforms, Compound rewards some users with its tokens for using the platform and providing liquidity, as an incentive.
These long-lasting formulas create hair-like strokes in seconds — without any pain. The latter tames and fluffs up arches; the paintbrush-like applicator of Brow Flick, on the other hand, focuses on the details. Fill in gaps and add definition where you need it, but keep this tip from makeup artist Katie Jane Hughes in mind: The pen works best on “completely clean, oil-free brows, so you shouldn’t have any moisturizer on them or any oils or serums or any skin-care product — and no highlighters.”