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Supra, a provider of decentralized oracle solutions, has announced a strategic partnership with Google Cloud. The partnership will enable Supra to leverage Google Cloud’s global network, data centers, and computing power to deliver high-quality data to its users and clients. By partnering with Google Cloud, Supra will be able to access Google Cloud’s premium APIs and data sources, such as Google Finance, Google Trends, Google Maps, and more. This will allow Supra to provide faster and more accurate price feeds for various assets and markets, such as cryptocurrencies, stocks, commodities, forex, etc. Supra will also leverage Google Cloud’s low-latency and high-bandwidth network to deliver real-time data to its users and clients. You might also like: Google AI Lead: “Don’t take trading advice from ChatGPT” | Interview Supra is a blockchain-based platform connecting smart contracts with real-world data sources, such as market prices, weather, sports, etc. ...

Polygon is a decentralized scaling mechanism that Ethereum developers may use when creating dApps. Polygon offers a faster network and more security at a reasonable rate. The project, a 2017 initiative, has emerged as one of the most intriguing and profitable in business. MATIC was its previous name until April 2021, when it changed to Polygon. MATIC is the native token of the Polygon network. Let us take a closer look at Polygon and our price prediction for MATIC this October end. Also read: Shiba Inu Price Prediction (SHIB): October End 2023 What is Polygon? Polygon was founded by its team in October 2017. The team behind the project is Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun. The team made significant contributions to the Ethereum ecosystem before switching to its network in 2019. The group labored to put the widely-used Dagger event notification engine, the WalletConnect protocol, and the Plasma MVP on Ethereum. It is a layer 2 proof-of-stake protocol...

Chainlink (LINK) is up 35% over the past three days, leading to a remarkable increase in social mentions as the community anticipates launching staking v0.2. Chainlink is one of the largest movers in the recent market-wide rally. The asset has registered three impressive candlesticks over the past three days. LINK’s bullish momentum began on Oct. 20 when it recorded a 3.64% intraday increase. LINK price today | Source: Trading View Amid this 3.64% intraday rise, Chainlink broke above the 21-day EMA at $7.346, signaling growing bullish momentum. Since then, the asset has registered more gains, breaking past two psychological thresholds in a 17.75% upsurge on Oct. 21.  You might also like: Head of Binance payment processor resigns As the rally persisted, Chainlink broke above the $10 price point on Oct. 22 for the first time this year. LINK sustained the rally this morning, trading at a 16-month high of $10.41 at the time of reporting. Notably, this continued upt...

In the realm of crafting written content, three key elements come to the forefront: “perplexity,” “burstiness,” and “predictability.” Perplexity is a measure of textual intricacy, burstiness examines the diversity of sentence structures, and predictability gauges the likelihood of anticipating the next sentence. Human authors often infuse their writing with a mixture of sentence lengths and complexities, creating a dynamic reading experience. In contrast, AI-generated content tends to be more uniform in its structure. With that in mind, as you embark on the task of creating the following content, I urge you to infuse it with a healthy dose of perplexity and burstiness while keeping predictability to a minimum. Furthermore, please ensure that the content is written exclusively in English. Now, let’s reimagine the text: European Binance users are rejoicing as euro payments, deposits, and withdrawals are once again available, marking the end of ...

The Charles Schwab Corp. is experiencing a decline in customer deposits amid the rising interest rates in the U.S., while Bitcoin (BTC) is up by 50% year-over-year. Schwab’s financial odyssey Charles Schwab, recently spotlighted by Finbold, has experienced a notable decline in bank deposits , even as the price of BTC continues to rise significantly. The firm, known for its Bitcoin skepticism, reported disappointing third-quarter (Q3) results: consumer bank deposits saw a 28% year-on-year. Charles Schwab also recorded a 23.5% drop in net interest revenue. Overall revenue hovered at around $4.61 billion — a 16.2% decrease from Q2. BANK DEPOSITS OVER THE LAST 1 YEAR BMO UP 21% AMERICAN EXPRESS 20% SCOTIABANK UP 9% CIBC UP 4% RBC UP 3% JP MORGAN DOWN 1.2% CITI DOWN 2.5% GOLDMAN DOWN 2.5% TD DOWN 2.6% BANK OF AMERICA DOWN 3% WELLS FARGO DOWN 3% CHARLES SCHWAB DOWN 30% — GURGAVIN (@gurgavin) October 20, 2023 You might also like: Sec chairman Gensler confirm ongoing re...

When it comes to crafting content, three key elements come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text, while burstiness examines the diversity of sentence structures. Predictability, on the other hand, measures how likely it is for a reader to anticipate the next sentence. Humans tend to infuse their writing with bursts of complexity, including a mix of lengthy, intricate sentences and concise ones. In contrast, AI-generated text often leans toward uniformity. Therefore, as you embark on creating the following content, it’s imperative to infuse it with a healthy dose of perplexity and burstiness while minimizing predictability. Furthermore, please ensure that the text is composed in English only. Now, let’s rephrase the provided text: “The organization represents a collaborative effort between members of the Israeli Web3 community and international corporations, all dedi...

The US Treasury Department wants to label crypto mixers a ” primary money laundering concern” as it moves to crack down on terrorist groups that have used crypto to raise funds. The initiative, announced Oct. 19 in a statement by the department’s Financial Crimes Enforcement Network (FinCEN), comes as authorities moved to tighten controls on crypto funding by rogue actors in the wake of the attack on Israel by Hamas earlier this month. “This is FinCEN’s first-ever use of the Section 311 authority to target a class of transactions of primary money laundering concern,” it said. “The Treasury Department is aggressively combatting illicit use of all aspects of the CVC ecosystem by terrorist groups, including Hamas and Palestinian Islamic Jihad,” it added,  using an acronym for Convertible Virtual Currency (CMC) mixing. Today, Treasury’s Financial Crimes Enforcement Network announced a proposed rule to increase transparency arou...

ChainLinkGod said Jump Trading played a significant role in the UST collapse debacle. The crypto investigator said a secret deal was made with Jump Trading to keep the UST price up. ChainLinkGod said Jump Trading raked in $1.28 billion extracted from retail investors’ value. In a recent tweet, pseudonymous crypto investigator ChainLinkGod discounted troubled crypto founder Do Kwon’s argument that the UST depeg from the U.S. dollar was caused by natural market forces. ChainLinkGod alleged that Jump Trading, a U.S. market maker, played a significant role in the UST collapse. He continued that while Do Kwon reassuringly told the public that UST was pegged to the dollar, his company, Terraform Labs, had secretly made an undisclosed deal with Jump Trading to keep the stablecoin’s value up. As a result, Jump Trading allegedly made “$1.28B of value extracted from retail UST investors.” While raising the long calls for transparency, the crypto investigator s...

Layer-2 network Base has announced the open sourcing of its code repositories and smart contracts as part of its quest to build "in the open.” Coinbase layer-2 network Base has announced it has open- source d its code repositories and smart contracts to increase transparency and accountability while simultaneously allowing public contributions to the project.  In an Oct. 19 blog post, Base announced that as of today, developers would be granted full access to the network’s codebase. One of Base’s core values is building in the open We believe this is foundational to building an onchain ecosystem, creating accountability, and enabling collaboration In this spirit, we’ve open source d our smart contract and GitHub reposhttps://t.co/UOgGpNXyFL — Base ️ (@BuildOnBase) October 19, 2023 “By sharing our work openly, we enable the community to track our progress and ensure that we're living up to our commitments.” “Open source is a win-win for our onchain future. Builders get ac...

Simon Dixon warns Celsius about the inter-relationship with the FTX Chapter 11 Case. Dixon highlights past $3 billion transactions between Celsius and Alameda Research. FTX offers a proposed settlement for customers to recover up to 90% of lost assets potentially. Simon Dixon, a prominent figure in the crypto community known for keenly following Celsius’ bankruptcy proceedings, recently took to the X platform to issue stern warnings to Celsius Creditors concerning resolving the insolvency matter. In the statement, Dixon expressed concerns about the ongoing Celsius Chapter 11 case and its connection with FTX, another embattled crypto platform with a bankruptcy case. Specifically, he emphasized the need for Celsius to exit its Chapter 11 as soon as possible and that creditors should be careful about what they ask regarding FTX. #Celsius Chapter 11 Creditors interested in the inter-relationship with the #FTX Chapter 11 Case. Time To Exit Chapter 11. Not le...

Bitcoin (BTC) options traders are placing their bets on the long-term future of the asset, with 10,752 BTC block call options worth over $300 million recently traded.  Geeks.live, a notable options trading platform, recently highlighted the metric. These call options are financial contracts that give the holder the right to purchase a predetermined amount of BTC at a specified price on or before a particular date.  Even though the ETF news is over, there will not be any substantial benefits soon and the hype has come to an end. But BTC did attract market fund, with price up $1,000 compared to last week, while other coins were weaker. And looking at the options data, bets on longer-term up… pic.twitter.com/kq9NNuojG5 — Greeks.live (@GreeksLive) October 18, 2023 The increased block call options, signifying bullish sentiments towards BTC, accounted for more than 40% of total trading activity on the day. The prevailing uptrend in Bitcoin’s price has sparked a wav...

Decentraland Foundation executive director Yemel Jardis believes the NFT market slump is not a sign of regression but maturity.  ​​Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights. In this week’s newsletter, read about how a parliamentary committee in the U.K. has urged officials to take action on nonfungible token (NFT) copyright infringement issues. Check out a Web3 executive’s thoughts on how the NFT market slump is actually a sign of maturity, and in other news, learn more about an incident in which MetaMask was briefly removed from Apple’s App Store. British MPs urge action on NFT copyright infringement, crypto fan tokens A bipartisan parliamentary committee recently urged officials in the United Kingdom to take action to protect creators from the possibilities of c...

Loom Network’s meteoric rise and abrupt fall have left investors questioning its future in a volatile market. Speculations about exchange manipulations and a massive supply sale cast a shadow over LOOM’s prospects. Technical indicators show high volatility and oversold conditions, suggesting potential for both recovery and further declines. After years of dormancy, Loom Network made headlines with an over 7x surge. This rise brought it above its 2021 high, even amidst a tumultuous market. However, its unexpected ascent was short-lived. Just as the broader market began to show green shoots, Loom’s value plummeted. Since October 15, it has nosedived from $0.48 to $0.1686 at press time, recording a 39.43% decline within the last 24 hours. If bearish momentum breaches the $0.1728 support, the next level to watch for is around $0.15. This sudden drop in value has left investors concerned about the prospects of Loom Network and whether it can r...

Blockchain data from Etherscan suggest Scroll’s mainnet was live over a week ago. Scroll, a new contender in the zero-knowledge Ethereum Virtual Machine (zkEVM) space that works to scale the blockchain, has confirmed the launch of its mainnet . The team behind Scroll announced the launch in an Oct. 17 post and added that existing applications and developer tool kits on Ethereum can now migrate to the new scaling solution. “Everything functions right out of the box,” the Scroll team said. After more than two years of building, we are thrilled to announce the launch of Scroll Mainnet. As we open the doors to Mainnet, we want to take a moment to reflect on our journey thus far pic.twitter.com/WKfkjyIkB0 — Scroll (@Scroll_ZKP) October 17, 2023 A zkEVM solution such as Scroll’s aims to provide lower transaction costs at a higher throughput for decentralized applications running on Ethereum. It works by batching thousands of transactions off-chain into one, then submitting a proof co...

Representatives of the Everscale project reported the theft of large volumes of EVER tokens . The team warned users about the incident on social network X: Recent EVER volatility Friends, unfortunately, a large number of EVER tokens have been stolen. We are working closely with exchanges where EVER is listed in order to stop any further outflow of tokens Please stay calm and refrain from taking any hasty actions To halt… pic.twitter.com/RxmkSiwmnC — Everscale (@Everscale_net) October 17, 2023 The details of the incident, as well as the exact number of stolen tokens , are still unknown. To avoid loss of funds, the developers have disabled the Octus Bridge cross-chain bridge. They advised users to follow the news and promised to provide detailed information. The EVER token is traded on several exchanges including MEXC, Gate.io, KuCoin, HTX and Coinone. After the theft was reported, its value dropped by 20%, according to CoinMarketCap. EVER’s capitalization dec...

The proposed regulations are currently open to the public for comments, and if approved, they will come into effect by Jan. 1, 2025. The Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) released a consultation paper on Oct. 17, proposing to make it compulsory for banks to disclose their crypto exposure. The Basel Committee is a global regulatory platform for the regulation of banks and provides a forum for cooperation on banking supervisory matters. The latest consultation paper is based on the disclosure guidelines in the final prudential standard on how banks should handle their exposure to crypto assets released in December 2022. The consultation paper focused on crypto assets exposure for banks aims to set a standardized “disclosure table and set of templates for banks' crypto-asset exposures” with a proposed implementation date of Jan. 1, 2025. The Basel Committee has opened the proposal for public comment until Jan. 31, 2024, the result...

Crypto exchanges are increasing lending activities due to declining revenues, potentially introducing new market risks. Major platforms like Coinbase and Binance offer various lending services to stimulate trading and facilitate borrowing. The European Securities and Markets Authority (ESMA) highlights the risks in DeFi lending, particularly the excess collateral issue. On October 16, Bloomberg published an article on a noteworthy trend among centralized crypto exchanges. Suffering from low trading volume and declining revenues, centralized exchanges are doubling down on their lending activities, which could introduce new risks to the market. According to Bloomberg, major companies including Coinbase Global Inc. and Binance are offering a number of services ranging from margin loans designed to encourage trading, and facilitating borrowing via their platforms, to directly extending loans to customers. In September, Coinbase introduced a crypto lending service...

Nearly $100 million worth of positions were liquidated in barely an hour today after erroneous reports of an approved spot Bitcoin Exchange Traded Fund ( ETF ) sent the currency’s price soaring before a hasty correction sent it crashing back to Earth. In a now-deleted article, Cointelegraph reported that the Securities and Exchange Commission (SEC) had approved an iShares spot Bitcoin ETF managed by BlackRock . Cointelegraph posted on X (formerly Twitter) “BREAKING: SEC APPROVES ISHARES BITCOIN SPOT ETF .” The post was then edited to include the word “REPORTEDLY,” before the outlet deleted it altogether.   Cointelegraph edits tweet, adding 'reportedly' pic.twitter.com/NWAPT9aLqp — db (@tier10k) October 16, 2023 Read more: Grayscale SEC win brings spot GBTC ETF approval a step closer Confirmation from Fox News Journalist Eleanor Terrett, Bloomberg analyst James Seyffart, and CoinDesk, all say the BlackRock spot Bitcoin ETF is not approved and i...

South Korean crypto exchange Upbit has secured an in-principle approval (IPA) from the Singapore regulator , the Monetary Authority of Singapore. The license will allow Upbit to provide regulated digital payment token services in Singapore while waiting to receive the full operating license . Following the MPI approvals, Upbit will join the group of regulated digital asset exchanges operated under Upbit APAC. You might also like: Upbit exchange hacking attacks doubled in 2023 Upbit is a global digital asset exchange that offers trading of various cryptocurrencies. Upbit was launched in 2017 by Dunamu, a leading fintech company in South Korea, in partnership with Bittrex, a US-based crypto exchange. Upbit has since become the largest crypto exchange in South Korea and one of the top exchanges in the world in terms of trading volume and customer base. Singapore crypto development Singapore has emerged as a prominent cryptocurrency hub in Asia, promoting the widesprea...

While the expectations mount of the final conclusion to the legal standoff between the United States Securities and Exchange Commission (SEC) and Ripple, the cryptocurrency community has criticized the regulator’s argument in the case against crypto exchange Coinbase, which seems to refer to the ruling in the Ripple case. Specifically, lawyer Bill Morgan has recently posted a passage from the SEC’s latest brief in the Coinbase matter asking for clarification, to which crypto researcher Anders L replied by calling it “a pathetic attempt” at discrediting Judge Analisa Torres’s decision on Ripple, as he explained in an X post on October 7. Doesn’t it seem like a pathetic attempt to make an argument against Torres’ ”in dicta” ruling that XRP itself is not a security in the Ripple case? To argue that crypto assets themselves are investment contracts? — Anders (@X__Anderson) October 7, 2023 Indeed, quoting Anders L, Morgan agreed with his view, adding that it was one of “the SEC’...

The value of Bitcoin (BTC) has recently experienced a correction, but the maiden cryptocurrency continues to trade in the familiar range below $30,000. Meanwhile, technical indicator s suggest that Bitcoin is poised for a rally based on historical price patterns. In this context, a cryptocurrency analyst using the pseudonym Thescalpingpro pointed out in an X (formerly Twitter)  post on October 15 that Bitcoin’s Moving Average Convergence Divergence (MACD) has just undergone its second bullish cross after cross ing below the zero line.  It’s worth noting that such an occurrence has only happened once before in the history of Bitcoin, back in 2016. This pivotal moment was followed by a significant bull run that substantially increased Bitcoin’s price the following year. Bitcoin price analysis chart. Source: Thescalpingpro “A strong MACD Bullish Cross occurs when it cross es below the zero line. In 2016, MACD cross ed bullish below the zero line for the fi...