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Peer-to-peer crypto marketplace Paxful has announced it is back online after suspending operations in April.In an update posted to its website, Paxful said its team had relaunched the marketplace after more than 30 days. Though the platform said its wallet had “remained fully operational” during the suspended service, it’s unclear
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The growth of artificial intelligence technology is expected to increase the overall demand for fast-processing electronics. Foxconn Technology Co Ltd (Taiwan: 2354), one of the largest global employers in the electronics manufacturing industry and a major supplier to Apple Inc (NASDAQ: AAPL) announced a sales decline of 11.77 percent in April,
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On Thursday, the ECB increased interest rates for the seventh consecutive time, with the latest figure aligning with analysts’ predictions. The European Central Bank (ECB) has hiked interest rates for a seventh consecutive time as its war against inflation wages on. Today, the eurozone central bank hiked rates by 25 basis
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Centralized crypto exchanges have seen a dip in trading volumes in April for the first time in three months as digital assets cool off from a hot first quarter. According to blockchain data provider Kaiko, trading volumes on centralized exchanges have fallen back following three consecutive months of gains.April’s volumes were
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In this week’s newsletter, read about Sotheby’s auction house launching a secondary nonfungible token (NFT) marketplace. Find out about the popular marketplace Blur introducing an NFT lending protocol, and learn how a neobank has introduced soulbound NFTs for Know Your Customer (KYC) information. In other news, sellers are dominating the
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The crypto conglomerate has engaged Heidrick & Struggles for a new CFO search, according to a first-quarter shareholders letter seen by CryptoX. DCG President Mark Murphy and Chief Strategy Officer Simon Koster will be co-leading the finance department in the meantime, the letter said. Source
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Legislators in the European Union have pushed forward with a draft of a new bill designed to keep artificial intelligence technology in check. According to the bill, the high-risk tools will not be banned entirely, though they will be subjected to stricter transparency procedures. In particular, generative AI tools, including
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The total value locked (TVL) in Liqwid Finance is up 80% in April, an update on April 30 shows. Liqwid Finance is a non-custodial money market allowing users to borrow and lend digital assets without an intermediary. Liqwid
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Bitcoin (BTC) narrowed volatility on April 30 as the weekly and monthly candle closes loomed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader sees BTC price upside capped at $32,500Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it loitered just above $29,000 throughout the weekend.After unsettled price action earlier in
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