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Bitcoin Retracts and Rebounds:...

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Cryptautopsy > 2023 > August
19
Aug

SpaceX Suffers $373 Million Bitcoin Write-Down Amid Market Crash

  • CryptOrchid / 1 year
  • 0
  • 2 min read

SpaceX, led by billionaire Elon Musk, has been implicated as one of the driving forces behind a significant cryptocurrency market dip, with Bitcoin (BTC) falling sharply to approximately $25,300. This sharp decline came on the heels of a Wall Street Journal (WSJ) report that disclosed previously unrevealed financial details about SpaceX. According to the WSJ, […]

18
Aug

Mastercard Teams Up with Blockchain Leaders for Central Bank Digital Currency Evolution

  • Ollie / 1 year
  • 0
  • 2 min read

In a significant move to harness the potential of Central Bank Digital Currencies (CBDCs), global payment leader Mastercard revealed its collaboration with blockchain frontrunners Ripple, Consensys, and several others on Aug. 17. Unveiling its CBDC Partner Program, the company welcomed a range of other prominent partners, notably Fluency, Fireblock, Consult Hyperion, and Idemia, amplifying its […]

18
Aug

Elevating the Landscape of AI-Blockchain Fusion: Jada AI Raises $25 Million Investment

  • CryptOstrich / 1 year
  • 0
  • 3 min read

In a harmonious melding of groundbreaking technologies, the Jada AI project emerges as a transformative force at the crossroads of artificial intelligence and blockchain. With an infusion of $25 million in investment capital from the esteemed alternative investment group, LDA Capital, Jada AI is poised to redefine the contours of enterprise decision-making and operational scalability. […]

17
Aug

BitGo’s Striking Surge in the Crypto Custody Market

  • CryptOliphant / 1 year
  • 0
  • 3 min read

Cryptocurrencies are reshaping the world’s economic structures, and safekeeping these assets has become crucial. Amidst this backdrop, BitGo emerges as a frontrunner, showcasing an ability to adeptly pivot and grow. A Brief History: BitGo’s Evolution The capricious nature of the crypto market demands resilience and adaptability, attributes that BitGo possesses in abundance. 2021 Acquisition Deal […]

15
Aug

Coinbase Introduces Grassroots Movement: The Stand With Crypto Alliance

  • CryptOyster / 1 year
  • 0
  • 2 min read

Coinbase, on August 14, unveiled its “Stand With Crypto Alliance”, a fresh endeavor targeting the opposition to cryptocurrency legislation. Although a comprehensive strategy is still under wraps, Coinbase’s intention is evident: to spark a grassroots revolution pushing for crypto-friendly legal transformations. With 52,269 supporters already on board, Coinbase urges enthusiasts to enlist in the Stand […]

14
Aug

PayPal Expands Crypto Presence: PYUSD Stablecoin Targets DeFi Integration

  • CryptOligarch / 1 year
  • 0
  • 2 min read

PayPal, a major player in the financial technology space, is extending its foray into the cryptocurrency industry with the integration of its newly introduced stablecoin, PYUSD, into the decentralized finance (DeFi) ecosystem. Jose Fernandez da Ponte, PayPal’s Senior Vice President of Blockchain, Crypto, and Digital Currencies, recently shared the company’s ambitions during an appearance on […]

12
Aug

U.S. Senator Lummis, Crypto Lobbyists Urge Court to Dismiss SEC’s Coinbase Lawsuit

  • CryptOrchid / 1 year
  • 0
  • 4 min read

The Crypto Council for Innovation, Blockchain Association, Chamber of Digital Commerce and DeFi Education Fund all filed amicus briefs late Friday. U.S. Senator Cynthia Lummis (R-Wy.), a number of crypto lobbying organizations and a group of professors called on a federal court to dismiss a Securities and Exchange Commission (SEC) lawsuit against crypto exchange Coinbase […]

11
Aug

Metaverse’s Sandbox Pre-Empts $133M Token Unlock with 60M SAND Movement

  • Ollie / 1 year
  • 0
  • 2 min read

In the buildup to a major $133M token release on August 14th, the Metaverse’s Sandbox platform shows some strategic shifts in token management. Here’s a deeper dive into the matter: August’s Tumultuous SAND Token TrendsThe Sandbox’s native currency, SAND, witnessed a 4% dip this August. Meanwhile, significant activity was observed with the Sandbox Genesis smart […]

11
Aug

CertiK’s Investigation Reveals Critical iOS Vulnerabilities: A Boost to Cryptocurrency Industry’s Cybersecurity Vigilance

  • CryptOstrich / 1 year
  • 0
  • 3 min read

CertiK, a trailblazing blockchain cybersecurity firm, has recently played a pivotal role in unearthing significant security vulnerabilities within Apple’s most recent iPhone operating system (iOS) update. This discovery underscores the indispensable role that the crypto industry plays in fortifying the realms of cybersecurity. CertiK’s profound contributions have been directed towards uncovering two intricate security vulnerabilities […]

08
Aug

NFT Market Experiences a Dip, Yet Web3 Remains a Hotspot for Developers

  • CryptOyster / 1 year
  • 0
  • 3 min read

In the latest turn of events, the NFT market has seen a slump, but the enthusiasm for Web3 among developers remains unabated. In a noteworthy development, Etihad Airways is gearing up to reward its loyal customers by allowing them to use NFTs in exchange for miles. Additional Updates: Optimize your knowledge about the evolving digital […]

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