Author: cryptotechbro

Leading stock exchange Nasdaq intends to give investors another way to gain exposure to crypto. Nasdaq announced in an Aug. 27 press release that it intends to list and trade Bitcoin index options pending regulatory approval. The company said it has filed for its Nasdaq Bitcoin Index Options (XBTX) with the U.S. Securities and Exchange Commission (SEC). The index options will track Bitcoin prices through the CME CF Bitcoin Real-Time Index (BRTI), an index that continually calculates prices on a per-second basis from aggregated crypto exchange order data. Nasdaq described BRTI as an important risk management tool for institutional and…

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PRESS RELEASE – Media OutReach Newswire – 30 August 2024 – Vizzio Technologies Pte Ltd has been awarded a groundbreaking patent by the United States Patent and Trademark Office (USPTO), marking a significant milestone in the field of 3D city mapping. This world-first patent recognises Vizzio Technologies for its innovative integration of 2D satellite imagery and state-of-the-art AI technology to produce highly detailed and geometrically accurate 3D city models. The patent, granted exclusively to Vizzio Technologies, encompasses 15 novel methods and claims that outline their unique process of converting 2D satellite images into comprehensive 3D city models. This pioneering technology eliminates…

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Vetle Lunde, a senior analyst at K33 Research, has issued a stark warning regarding the practices of prominent crypto exchanges concerning the authenticity of liquidation data. In a post on X, Lunde outlines how exchanges such as Binance, Bybit, and OKX have systematically modified their data reporting processes in a way that he claims significantly distorts the true scale of market liquidations. Why Crypto Liquidation Data Is Bogus The core of Lunde’s argument revolves around changes implemented by these exchanges around mid-2021. For example, both Binance and Bybit adjusted their liquidation WebSocket API to report only one liquidation per second,…

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Kamala Harris could support crypto to a greater extent than Joe Biden but may also pursue investor protections. Democratic U.S. presidential candidate Kamala Harris will support growth of the crypto sector in her policies, Bloomberg reported on Aug. 21. Senior campaign advisor for policy Brian Nelson commented on the matter. During a Bloomberg News roundtable at the Democratic National Convention, he said: “[Harris is] going to support policies that ensure that emerging technologies and that sort of industry can continue to grow.” Harris is still expected to impose broader safeguards on the crypto sector. Nelson stressed the Harris campaign’s…

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Discover 2024’s top 6 cloud mining platforms offering safe and intuitive solutions for generating passive income through cryptocurrency mining. Why Choose Cloud and Mobile Mining? Looking to dive into the world of cryptocurrencies like Litecoin, Ethereum, and Bitcoin without the complexity of owning mining hardware? Mobile mining and cloud mining solutions for Android and IOS devices offer an exciting way to earn Free Bitcoin and other cryptocurrencies. By 2024, cloud mining platforms have become more accessible and profitable, thanks to user-friendly applications available on both Android and IOS devices. These apps make it easy and efficient to earn passive income…

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Akselos and Shell Information Technology have signed a strategic agreement to use digital twins to manage Shell’s oil and gas portfolio. The Swiss-based company Akselos will use structural performance management (SPM) to monitor and manage vital shell assets in real time. The digital twins will be used on projects such as the Shell Scotford Complex in Canada, a hydrocarbon processing site and oil refinery, among other uses. The partnership will position Akselos as Shell’s primary supplier of digital twin software. The structural performance management software aims to improve the lifecycle and performance of Shell assets over time, saving the oil…

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Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn’t want the whole world to know, but a secret matter is something one doesn’t want anybody to know. Privacy is the power to selectively reveal oneself to the world.Bitcoin finds itself yet again at another crossroad. On one side, the easy road, paved with Number Go Up, highly regulated ETF products, and surveillance state-endorsed stablecoins as the scaling solution for the next billion users. The other path is objectively more difficult to traverse, a darker way forward, despite…

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Controversial SEC chair Gary Gensler could be nominated Secretary of the U.S. Treasury assuming a Democratic victory. U.S. Securities and Exchange Commission (SEC) chair Gary Gensler could be nominated to the position of Treasury Secretary if Kamala Harris wins the U.S. presidential elections, the Washington Reporter said on Aug. 19. The self-described right-of-center news outlet cited unnamed senior Senate staffers, adding that the rumors support past statements from top Republicans. The Washington Reporter added that Republican Senate staff expect senators in their own party to oppose such a nomination. Democratic representatives are expected to support Gensler’s nomination. The Reporter anticipated…

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A worrisome trend has involved Australians losing as much as A$180 million ($122 million) to investment scams related to crypto over the last 12 months, says a recent warning from the Australian Federal Police (AFP). The figure represents about half of the A$382 million ($259 million) losses to all investment scams in the 2023-24 financial year, putting into light a growing threat in the digital space of investing. Contrary to general perceptions, the current targets of these scams are really young people. The AFP claims that 60% of scam victims are under 50 years of age. That dispels the myth…

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