Binance’s AI NFT generator gets overwhelmed by requests within an hour of launch

Ad Binance CEO Changpeng Zhao, popularly known as ‘CZ,’ announced the launch of the beta version of an artificial intelligence (AI) generator of non-fungible tokens (NFTs), Bicasso, on March 1. Within an hour of the announcement, however, the AI tool received more requests than it could handle. The tool started prompting, “Too many requests in…

Robinhood’s self-custody wallet launches on iOS

Ad Crypto exchange platform Robinhood‘s wallet application launched on the iOS application store on Mar. 1, according to the announcement published on the Robinhood blog. The announcement states that the users can earn a one-time reward of up to 5 USD Coin (USDC) if they transfer $10 to the wallet app using their Robinhood Crypto…

Bitcoin outperformed majority of mining company stocks in February

Ad In February, Bitcoin (BTC) price increase outperformed 20 out of 25 stocks that belong to mining companies,  according to Hashrate Index data. BTC closed at $23,723.77 on Feb. 1, according to Yahoo Finance data. On Feb. 20, BTC recorded its monthly high by closing at $24,829.15, which marks a 4.6% increase. The chart below…

Justin Sun calls for unified crypto regulation

Justin Sun Justin Sun is the Ambassador and Permanent Representative of Grenada to the WTO, Founder of TRON, one of the world’s largest blockchain DAO ecosystems, and Advisor to Huobi Global, one of the world’s largest crypto exchanges. More about Justin Sun Info LinkedIn Twitter

Former Biden adviser urges development of digital dollar to ‘crowd out’ private crypto

Ad Former Joe Biden administration adviser Daleep Singh told the senate banking committee on Feb. 28 that developing a central bank digital currency — i.e., a digital dollar — would help safeguard national interest and supersede private cryptocurrencies. Singh formerly served as Deputy National Security Advisor for International Economics and Deputy Director of the National…

Top Crypto Picks For 2023: Ethereum (ETH), Bitcoin (BTC), and Collateral Network (COLT)

You can’t miss the GOATs of the crypto space when looking for the top picks for 2023. Bitcoin (BTC) and Ethereum (ETH) have remained the top two cryptocurrencies by market cap since forever.  There’s no doubt that early investors are the major beneficiaries and that’s why experts recommend Collateral Network (COLT), an upcoming crypto project…

Poop emoji Bitcoin Ordinal sells for $28k – wash trading or legit?

Ad A Bitcoin Ordinal depicting a poop emoji was sold for 1.2 BTC — equivalent to roughly $28,000 as of press time — on March 1. The ordinal is labeled Inscription #121 and was minted on block 773820. It is unclear whether the transaction was a legitimate sale or a wash trading attempt to drive…

BTC and ETH liquidations drop considerably in February

Bitcoin bear market bottoms follow this price appreciation trend After Bitcoin bear market bottoms, we tend to see a month of drastic price appreciation followed by a month or period of consolidation. As February draws to a close, Bitcoin is up 1%, after appreciating 40% in January 1 day ago

Justin Sun 100% confident Huobi will obtain Hong Kong VASP license

Ad Justin Sun says he is “100% confident” that Hong Kong’s Securities and Futures Commission (SFC) will grant Huobi a Virtual Asset Service Provider (VASP) license. A new licensing regime was enacted on March 1 to address international compliance with Anti-Money Laundering and Counter-Terrorism Funding, as laid out by the Financial Action Task Force (FATF)….