According to 10x Research, Bitcoin’s potential drop below $50,000 is linked to dwindling buy flows and accelerating sell flows. Source link
Vitalik Buterin opts for faster Ethereum, EIP-7732 gives hope
EIP-7732 aims to make things easier for Ethereum validators by splitting their tasks and creating a committee to check if transactions are revealed on time. Source link
Nigeria plans nationwide AI and blockchain research centers
The research centers count as another step toward taking a leadership position in artificial intelligence (AI) development in Africa. Source link
Judge labels 2 obscure altcoins as commodities in $120M Ponzi case
An Illinois judge has sided with the Commodity Futures Trading Commission in a crypto fraud case, labelling two altcoins, OHM and KLIMA, as commodities. Source link
DWF Labs launches $20M fund for Web3 projects in China
The Cloudbreak Fund will invest in gaming finance, social finance, memecoins, derivatives, and layer-1/layer-2 projects across Chinese-speaking regions. Source link
Coinbase cites Binance BNB token precedent in SEC petition
“Rulemaking is required here because the SEC has adopted a novel and sweeping, yet still indeterminate, view of the securities laws,” attorneys wrote. Source link
Authy 2FA app leaked phone numbers that may be used for text phishing
Twilio, the developer of the Authy authenticator app, said user phone numbers were leaked to attackers, but accounts themselves were not compromised. Source link
NFT sales down 44%, Logan Paul sues Coffeezilla: Nifty Newsletter
Logan Paul claims YouTuber Stephen Findeisen, also known as Coffeezilla, “maliciously and repeatedly” made false statements about his NFT project CryptoZoo. Source link
United Nations, ICP launch digital credentials pilot in Cambodia
The UNDP’s Universal Trusted Credentials will get its second trial in Cambodia. The plan is to create a 10-country ecosystem. Source link
CoinDCX crypto exchange acquires BitOasis, expands into MENA region
CoinDCX’s acquisition of BitOasis opens new opportunities in the Middle East and ensures regulated and secure trading. Source link