Hey everyone, exciting times ahead! Asset Chain just launched its Incentivized Testnet, and this is your chance to be part of something truly game-changing. If you’ve ever wondered how tokenization could bring real-world assets like real estate or art onto the blockchain, now’s the time to get involved and see it firsthand.

What’s the Big Deal?
Asset Chain is all about making finance more accessible. We’re talking about a future where you can buy, sell, and trade real-world assets—fractional ow

While bitcoin is currently in a consolidation period, an analysis of past cycles suggests that gains can be expected after 2024’s halving event, one data firm said.source

<p>The post Crypto Traders Lean Bearish as Bitcoin Hovers Above $26K; DOGE, XRP Dip Most Among Majors first appeared on Crypto Flings - Crypto Flings News.</p>

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“Over the past 18 months we’ve been investing in this space, we’ve continued to hire, we’ve continued to grow not only our business development and our go-to-market teams but also our product and engineering capabilities,” James Tromans, global head of Web3, Google Cloud, told CoinDesk TV in an interview last week. “We’re really beginning to show that we’re not just fly-by-night and not just here when the time is going well.”

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<p>The post Google Cloud Pushes Deeper Into Blockchain Data,

However, all that said, there’s something to the idea that the CFTC is using the levers of regulation to essentially wipe out predictions markets as an industry before it can even get going. There may or may not be something to the psychological and economic theory behind betting markets, but it is significant that a number of academics, corporations and even DARPA have at one point or another seen potential in the idea of crowdsourcing truth.

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<p>The post Americans (Seemingly) Aren't Al

The case for greater transparency and verifiability in AI. But is decentralization the best way to achieve that and is feasible in practice? Jesus Rodriquez says the technical challenges are tremendous.source

<p>The post AI Should Be Decentralized, but How? first appeared on Crypto Flings - Crypto Flings News.</p>

IMX, the native token of non-fungible tokens platform ImmutableX, surged on Thursday, led by South Korean traders. The cryptocurrency rose 35% to 74 cents during Asian trading hours, CoinDesk data show. Major cryptocurrencies like bitcoin (BTC), ether (ETH), XRP and BNB traded 0.5% to 1% lower. The IMX price rally is accompanied by an over 22% increase in the 24-hour global trading volume, which rose to $556 million. The IMX-Korean won (IMX/KRW) pair listed on South Korea’s Upbit exchange accoun

“Indeed, since 2019, Congress has considered more than a dozen proposals that would provide a coherent and workable framework for crypto assets and their trading platforms,” the filing said. “Critically, none of those proposals would confer sole regulatory jurisdiction over the crypto industry to the SEC. Despite this, the SEC now seeks to expand its authority and filed this lawsuit, asserting claims against Binance Holdings Limited (‘BHL’) and Changpeng Zhao, among others.”

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The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.source

<p>The post First Mover Americas: Bitcoin Vapid; Toncoin Leads Weekly Gains first appeared on Crypto Flings - Crypto Flings News.</p>

Big Time’s creators, which include the former CEO of Ethereum-based virtual world Decentraland and several former AAA game developers, refer to its “player-owned economy,” where gamers can craft, trade or loot digital wearables and collectables in the form of non-fungible tokens (NFTs), driven by a native Big Time cryptocurrency, as they explore ancient civilizations and futuristic worlds.

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<p>The post Web3 Adventure Game Big Time Poised to Kickoff Its ‘Player-Owned Economy’ first appear

The newly-created position forms part of Galaxy’s aim “to aggressively scale our operations in the U.K. and Europe – a region that has committed to embracing the digital asset future and creating the necessary regulatory frameworks for our industry to operate within,” Novogratz said in an emailed announcement on Thursday.

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<p>The post Galaxy Digital Eyes European Expansion With New Regional CEO first appeared on Crypto Flings - Crypto Flings News.</p>

Rage quitting was the talk of Noun town on Dec. 20, 2022, when the project’s two core engineers, Elad Mallel and David Brailovsky, introduced the controversial mechanism in a Twitter Spaces hosted by Noun Square, a media collective funded by Nouns DAO. They pitched it as a security backstop against a 51% attack, in which evil-doers who have seized majority control can force through malicious proposals, such as sending themselves the entire treasury.

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<p>The post A $27M Crypto Loss Reveal

“U.S. equity and rates markets have broken some very key levels on the back of this, and reflexivity can take over with the bearish thesis from here,” the QCP wrote in a Telegram market update. “This macro move could seep into crypto markets and take BTC lower with it, albeit with a lower beta as compared to other very stretched macro markets like the Nasdaq.”

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<p>The post Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms first appeared

Christopher Jensen from Franklin Templeton tackles myths about crypto in the Crypto for Advisors newsletter.source

<p>The post Top 3 Crypto Myths Tackled for Advisors first appeared on Crypto Flings - Crypto Flings News.</p>

An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin’s 87% drop on Binance.US in 2021.source

<p>The post Bitcoin’s 87% Drop in 2021 Was Caused by Sam Bankman-Fried's Alameda, Ex-Employee Claims first appeared on Crypto Flings - Crypto Flings News.</p>

The 200-week and 200-day moving averages converge at $27,800, acting as an obstacle to further BTC price gains.source

<p>The post Bitcoin Holding Above $26K Is ‘Remarkable’ as Equities Take a Hit. What’s Next for BTC’s Price? first appeared on Crypto Flings - Crypto Flings News.</p>

Regulators said the plans weren’t in the public interest, after a court squabble involving rival service PredictItsource

<p>The post CFTC Denies Kalshi’s Plan to Let Users Bet on Control of U.S. Congress first appeared on Crypto Flings - Crypto Flings News.</p>

Calcium (CAL), a so-called dummy token created by the Shiba Inu team as part of a plan to renounce the bone (BONE) token contract, was issued by developers early on Friday. Over 50% of its supply was picked up by a bot shortly after going live as part of a planned move, and these tokens were live on the decentralized exchange (DEX) ShibaSwap.

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<p>The post Shiba Inu Developers Floated a Dummy Token and Now Activist Traders Are Making It a Real Thing first appeared on Crypto Flings - Crypt

Celo, which is ditching its standalone blockchain in favor of a new “layer-2” network atop Ethereum, had originally signaled plans to rely on Optimism’s OP Stack, a similar customizable kit to Polygon’s but using Optimism’s “optimistic” technology.source

<p>The post Polygon Emerges as Suitor for Celo’s New Layer-2 Blockchain, Competing With OP Stack first appeared on Crypto Flings - Crypto Flings News.</p>

Of course, this process is still very nascent. And there are additional layers of the tech stack to monitor as well – such as the application layer, Eigen Layer (restaking and “security as a service”), data availability (Celestia), data oracles, etc.

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<p>The post Understanding the Economics of Ethereum Layer 2s first appeared on Crypto Flings - Crypto Flings News.</p>