Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Microsoft
Bitwise CIO Calls Ethereum The ‘Microsoft Of Blockchains’, Can ETH Make A Comeback?
Bitwise Chief Investment Officer Matt Hougan dubbed Ethereum (ETH) the ‘Microsoft of blockchains’, adding that none of the smart contract platform’s challenges are existential. Ethereum Has Challenges, But None Of Them Are Existential In a recent memo titled ‘A Contrarian Bet on Ethereum’, Hougan highlighted the tumbling ETH/BTC trading pair, indicating the weakening Ethereum price versus Bitcoin (BTC). At press time, the trading pair is exchanging hands at 0.038, its lowest level in three years. Compared to some of the…
9 months ago
Scammers Hack Microsoft India’s X Account To Promote Fake Gamestop Presale
The post Scammers Hack Microsoft India’s X Account To Promote Fake Gamestop Presale appeared first on Coinpedia Fintech News Microsoft India’s Twitter account, with over 211K followers, was hacked by scammers to promote a fake GameStop crypto pre-sale. The scammers posted videos of Roaring Kitty, linking it to an unverified site claiming to offer a GME crypto presale. Experts suggested that the breach could result from a SIM-swapping attack, a common method to bypass two-factor authentication. The phishing site was…
1 year ago
Aptos Labs Teams Up With Microsoft, SK Telecom For New Institutional Platform, APT Soars 3%
In a notable collaboration, Aptos Labs, the developer of the Aptos (APT) Layer-1 (L1) blockchain, announced a partnership with tech giants Microsoft, Brevan Howard, and South Korean telecommunications company SK Telecom for a new decentralized finance (DeFi) platform. Aptos Labs Unveils Aptos Ascend The announcement, made on Thursday, revealed that Aptos Labs is launching Aptos Ascend, which will leverage the technologies of cloud computing platform Microsoft Azure, Azure OpenAI service, and SK Telecom while benefiting from the expertise of Brevan…
1 year ago
The Future of AI-Agents is Decentralized: Delysium and Microsoft Partner to Mainstream AI on Blockchain
Onboarding new users into the world of blockchain and AI can be a daunting task filled with complexity. From wrapped tokens to private keys, the learning curve is steep. This creates barriers to adoption for regular internet users who want to explore the possibilities of decentralized technology. To bridge this gap, Delysium has announced an exciting partnership with Microsoft. Together, they aim to streamline the user experience when interacting with the blockchain and bring the benefits of AI on blockchain…
2 years ago
IMF: Central Banks Must Coexist With Private Currencies
The rise in private currencies like Bitcoin and Ethereum has forced Central Banks to develop Central Bank Digital Currencies (CBDC). However, a recent report from the International Monetary Fund (IMF) insists that Central Banks must coexist with private currencies for the finance sector to grow. Central Banks and Private Digital Currencies The IMF revealed this in a blog post where it analyzed the relationship between central banks and the private sector. It highlighted that cryptocurrencies grow more flexibly than central…
4 years ago
Microsoft Chairman Bill Gates Is Non-Committal Towards Bitcoin
Microsoft Chairman Bill Gates has hinted that he has little interest in Bitcoin despite its recent rise in value. This comes after Microsoft revealed that it has no plans to add bitcoin to its portfolio. Bill Gates Neutral on Bitcoin (BTC) During an interview today on American news outlet CNBC, Bill Gates made his opinion when asked about his view on how the enormous energy generated by bitcoin miners affects the environment. Gates replied that he does not own bitcoins…
4 years ago
BTC Hits New All-time High, and Becomes The 9th Most Capitalized Asset
Bitcoin (BTC) is on a roll, breaking record after record since it surpassed the $20k milestone less than three weeks ago. The leading crypto asset recently crossed $35k today and is now in the top 10 most capitalized assets globally. Bitcoin (BTC) crosses $35,000 Bitcoin continued its bullish run in the New Year, surpassing the $30,000 mark on January 2nd. After making a massive surge to $34k, the leading coin suffered a major dip on January 4. The retracement caused…
4 years ago
The Advent and Rise of BaaS – Blockchain as a Service
When Big Money Enters the Market A recent article in Bitcoin Magazine predicted that the blockchain technology market would reach $7.7 billion by 2024. However, many industry insiders put their figures much higher, particularly given the phenomenal gain in popularity of blockchain-based technologies resulting from 2017‘s meteoric rise of Bitcoin and other cryptocurrencies. Just about any company could find use in blockchain’s ability to keep immutable and transparent records. However, certain expectations have to be managed. Leadership must be clear…
5 years ago
Microsoft Edge Upgrades to Prevent Cryptojacking Incidents
The technology giant, Microsoft, has announced a critical update of its Edge browser on Thursday. The update contains a feature that identifies and prevents the download of potentially unwanted applications, such as cryptojackers. Cryptojackers are bad actors that utilize codes hidden on websites or downloaded on users' hardware devices such as computers. They then proceed to mine cryptocurrencies using the user's processing power. A Microsoft announcement stated that they added this feature after receiving complaints from several users regarding some…
5 years ago