FactBlock, a Web3 ecosystem accelerator and the organizer of KBW2023, along with co-host Hashed, a well-known Web3 venture fund based in South Korea, are excited to make this announcement that participants attending the 6th Edition of the Korea Blockchain Week will have the opportunity to hear from the most influential figures in the industry as they share their learnings and insights on every conceivable topic related to cryptocurrencies, Web3 infrastructure, and more. The narratives are shaped there, and the future’s objective is decided by the change makers. There will be over 200 industry leaders and creators speaking at this year’s event, including Ethereum’s Vitalik Buterin, Circle’s Jeremy Allaire, Wemade’s Henry Chang, Maelstrom’s Arthur Hayes, Hashed’s Simon Kim, BitGo’s Mike Belshe, Sandeep Nailwal and Simon Kim, Line Next’s Business Director Woosuk Kim, and Anthony Scaramucci, Founder and Managing Partner of SkyBridge Capital. Additionally, there will be more chances than ever for networking, teamwork, and conversation for attendees. The week-long conference, which will be Asia’s most significant blockchain event, will serve as a venue for blockchain developers from across the globe to learn about Web3’s future and its potential effects on numerous sectors and societies. The conference will run from September 4 to September 10 at The Shilla Seoul, with the main event, KBW: Impact, taking place on September 5 and 6. The organizers want to turn KBW2023 into an innovation lab rather than an echo chamber by putting the burgeoning technologies, institutional fever, and widespread adoption in the forefront. Builders, investors, traditional finance executives, lawmakers, and crypto-curious newbies congregate there to share ideas, work together, and discover answers to some of the most difficult problems the sector is now experiencing. The main 2-day conference, KBW: IMPACT, which brings together thought leaders and crypto enthusiasts from across the globe to inspire debates on the following major topics, will be the conference’s largest feature. Fundamentals– Dedicated to addressing the essential questions about blockchain and cryptocurrency. Kingdom of Ethereum– Illuminating the community and infrastructure of Ethereum in the future. Oil the Wheels – Topics that affect the development of the blockchain ecosystem and of developers are covered. Way to Billions – Examining the main obstacles and factors influencing widespread adoption. What’s on Chain – Showcasing and utilizing the potential of on-chain data for DeFi, risk management, research, and other purposes. Regional Taste – A look at how regions like Korea, Japan, India, and Southeast Asia are embracing blockchain technology thanks to their distinct advantages. Tech Unleashed – A thorough examination of cutting-edge trends and technology, like orderbook DEXes, shared sequencing, zero knowledge, anonymity, and more. Digital Nation– It is devoted to examining how DAOs, decentralized social networks, and the metaverse will influence societal structures as a result of blockchain technology. Institutional Fever – It would be devoted to the B2B side of blockchain and act as a link between Web2 businesses, financial conglomerates, and Web3 initiatives. Code in Law: To aid industry participants in comprehending the regulatory environment. The industry meeting will include three major events, an official afterparty, and around 200 side events over the course of a week. Highlights consist of the two-day “Impact” cornerstone conference on September 5 and 6, the two-day “The Gateway: Korea” immersive digital art experience with nft now on September 7 and 8, and the two-day “Micro Seoul: Seoulbound” music festival serving as the KBW’s official farewell ceremony. A celebration of the fusion of technology, culture, and self-expression, “Beyond Seoul” will take the spotlight as the official KBW afterparty from September 7 to 10. Attendees can anticipate a week packed with interaction and knowledge with more than a hundred side activities registered.

Distributed ledger ensures that data is secure and accurate SAN FRANCISCO–(BUSINESS WIRE)–Hayden AI, a global leader in artificial intelligence and machine learning, has been awarded a patent for its traffic enforcement data management system using blockchain. The patent was awarded on August 15, 2023 and is labeled US Patent number 11,727,795 B1. Traditionally, traffic enforcement events that are documented by automated enforcement are sent to a network for review by relevant parties, such as traffic enforcement officers, but do not track the authenticity or integrity of such digital evidence packages throughout their lifecycle across internal and external devices and reviewers. Hayden AI’s blockchain-powered data management technology uses a distributed ledger to track each transaction of the data with a unique and unrepeatable identifier generated by a cryptographic operation. This system creates a verifiable chain of custody for each traffic enforcement evidence package, keeping a record every time the data is processed, modified, or reviewed. It can further secure the data by partitioning it into individual components and tracking them through multiple blockchains. “Keeping governments safe from cyberattacks is critical to the success of camera-assisted traffic enforcement programs. Our improved, verifiable chain of custody technology makes this possible,” said Bryan Shea, Vice President of Data Security and Privacy at Hayden AI and former Criminal Intelligence leader at the Chicago Police Department. “We’re so proud to receive this patent because it cements our status as a data management and security leader in vision-based automated traffic enforcement.” Hayden AI is the US market leader in mobile automated bus lane enforcement and bus stop enforcement, with over 650 camera systems installed on transit buses across the country. These camera systems detect and document large numbers of traffic obstructions impeding transit service, which required Hayden AI to design this innovative system for securing data, sending it to appropriate government agencies, and verifying its accuracy. About Hayden AI At Hayden AI, we’re pioneering real world problem solving powered by AI and machine learning. From bus lane and bus stop enforcement to digital twin modeling and more, our clients use our mobile perception system to speed up transit, make streets safer, and create a more sustainable future. Our privacy first approach ensures that our technologies comply with security and privacy regulations and protect personal information while fostering innovation. For more information about Hayden AI visit www.hayden.ai. Contacts Jenna Fortunati [email protected]

Crypto asset manager Grayscale recently won against the Securities and Exchange Commission (SEC) in court, propelling gains in the price of Bitcoin in the past 24 hours. According to the case details, a US appeals court ruled on Tuesday, August 292r, that the SEC was wrong to reject an application from Grayscale to convert the Grayscale Bitcoin Trust into a spot Bitcoin ETF. In the hours following the decision, Bitcoin jumped from $26,500 to test the $28,000 resistance zone. On-chain data has shown that the amount of BTC available for trading on crypto exchanges increased noticeably just before the verdict. This has sparked some rumors of insider trading, hinting that some investors knew about the Grayscale win beforehand and looked to capitalize on the oncoming Bitcoin price spike. A Surge In Bitcoin Supply On Exchanges Crypto trading expert Ali Martinez took to social media platform X to share a Santiment chart data detailing the spike in exchange supply. According to on-chain data, around 30,000 BTC was sent to crypto exchanges in the hours before the ruling, raising questions of market manipulation. This would take the exchange supply of BTC at the time from 1.13 million to 1.16 million. While the flurry in exchange supply could have been from a few traders who knew before the ruling beforehand, it could also be from many investors, as the entire crypto community has been awaiting the Court’s decision. According to Santiment, 14,596 BTC worth $388.3 million were added to wallets holding around 10-10,000 BTC the day before news of the court’s decision. Reactions From The Crypto Market The price of Bitcoin spiked in the hours following the news, with Bitcoin briefly crossing over $28,000. The cryptocurrency has, however, since retraced and is now trading at $27,415. As expected, altcoins have followed Bitcoin’s price movement and spiked in price. Ethereum and Bitcoin Cash have led the altcoin market in gains, up by 4.37% and 15.01%, respectively in the past 24 hours. A large number of short positions have also been liquidated, with BTC experiencing short liquidations of $50.86 million in the past 24 hours. Grayscale has also reacted positively to the news, as the company’s stock price is up by over 17% in the past 24 hours. The Grayscale discount, which is the gap between the market value of Grayscale’s Bitcoin Trust shares and the value of underlying Bitcoin, has also dipped below 20% for the first time since 2022.

The price faced selling pressure and could not breach the $28k level. BTC price has been consolidating around the $27,450 range post the recent spike. Grayscale Bitcoin Trust’s win against the SEC has sparked a flurry of activity in the crypto market. In the last 24 hours, the cryptocurrency market has seen $171 million in liquidations, with $119 million coming from shorts. According to statistics from Coinglass, the discount between Grayscale’s Bitcoin Trust (GBTC) price and the price of BTC has fallen to its lowest level since December 2021, reaching 18.06%. This drop might mean that investors are becoming more optimistic about GBTC. Grayscale Bitcoin Trust now has $17.10 billion worth of BTC in its possession. High Volatility Expected Post the court ruling in the SEC lawsuit, Bitcoin’s price went all the way to the $28k level, marking a significant milestone on the path to $30,000. A drop below $24.8k in Bitcoin’s value was averted as of the month’s end thanks to the recent catalyst. However, the price faced selling pressure and could not breach the $28k level. At the time of writing the Bitcoin price is trading at $27,380 and is up 5.43%. Source: CoinMarketCap The price has been consolidating around the $27,450 range post the recent spike, waiting to move in either direction. If the price goes below the $26,650 level then it might start a fresh decline all the way till $25,680. However, if the price manages to breach the $28,000 mark then it will most likely test the $30,000 barrier. Traders are keeping a close watch on this week’s core PCE inflation and employment statistics, both of which might be highly favorable to Bitcoin price. The U.S. Fed is expected to increase interest rates at the upcoming FOMC meeting on September 21 as hinted by the Chair Jerome Powell during a recent event.

Lido DAO (LDO), the driving force behind the revolutionary liquid staking protocol for Ethereum (ETH), has displayed an impressive 7.41% ascent in its Total Value Locked (TVL) over the course of the last seven days. This robust surge in TVL has positioned Lido Finance as a prominent contender in the decentralized finance (DeFi) landscape, illustrating its resilience amidst a fluctuating market. According to the latest data from DeFiLlama, Lido Finance’s TVL witnessed a notable augmentation, securing its place as the most substantial growth among the top five DeFi protocols. This feat underlines Lido’s exceptional capacity to adapt and expand, distinguishing itself from its counterparts during a pivotal time for the DeFi sector. Despite the tumultuous price fluctuations that have characterized the altcoin realm, Lido’s TVL growth stood unwavering. This achievement can be attributed to a discernible surge in Ethereum deposits within the protocol over the reviewed timeframe. Lido’s ETH Deposits Surge Amidst Uncertainty The primary driver behind Lido’s remarkable TVL surge over the past week was a substantial influx of ETH deposits into the platform. Even in the face of significant market price gyrations, Ethereum holders exhibited a commendable degree of confidence in Lido’s liquid staking protocol. Recent technical analysis highlights that the platform saw a cumulative total of 185,500 ETH deposits in the last seven days alone. This not only positioned Lido as a beacon of stability in a tempestuous market but also secured its status as the go-to protocol for net new Ethereum deposits. Insights And Outlook For Lido Finance Lido Finance’s recent achievements underscore its growing prominence in the DeFi realm. With a current price of $1.66 according to CoinGecko, the platform’s token’s resilience (LDO) is further affirmed by its 24-hour rally of 5.1%. Over the span of the last seven days, Lido has achieved gains of 1.4%, a testament to its unwavering performance even in challenging times. As the broader cryptocurrency landscape continues to evolve, Lido’s success serves as a reminder of the power of innovative DeFi solutions. By facilitating liquid staking for Ethereum, Lido DAO not only appeals to those seeking rewards from staking but also embodies the ethos of adaptability that is vital for thriving in the ever-changing world of decentralized finance. As Lido outperforms its peers in TVL growth and garners a significant influx of ETH deposits, it proves that adaptability and reliability are the cornerstones of sustainable success in the dynamic realm of decentralized finance. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from PortalCripto

One of the major highlights of Grayscale’s victory over the US Securities and Exchange Commission (SEC) was its positive effect on Bitcoin’s price. However, renowned economist Peter Schiff has explained why Grayscale’s win may not be good for Bitcoin in the long run. A GBTC ETF ‘Bearish’ For Bitcoin Schiff tweeted that the GBTC fund becoming a spot ETF (Exchange-traded Fund) is “actually bearish” for the flagship cryptocurrency as he said this move could potentially increase Bitcoin’s “tradable supply.” If approved, investors in the GBTC fund will now be able to redeem their Bitcoin, which Schiff has highlighted is bad for Bitcoin’s price and the market as GBTC will have to sell BTC into the market, thereby increasing the tradable supply. Schiff’s concern probably stems from the fact that GBTC reportedly owns over 3% of Bitcoin’s circulating supply, so a sell-off due to redemptions could significantly impact the market, causing Bitcoin’s price to reduce. However, other X (formerly Twitter) users quickly pointed out that other ETF applications will likely be approved alongside Grayscale’s application. As such, there will be enough demand to balance out the increase in supply that could result from Grayscale’s redemptions. Grayscale had applied to the SEC to convert its GBTC fund into a Spot Bitcoin ETF. However, the regulator rejected the application, leading Grayscale to file a lawsuit against the SEC, stating that the Commission acted arbitrarily and capriciously in its disapproval order. Following the Appeal court’s ruling in favor of Grayscale, the SEC now has to review the asset manager’s application again with the possibility of an approval higher this time. This is because Grayscale has been able to establish before the court that it should enjoy the same treatment given to Bitcoin Futures ETF which the Commission has had no problem approving. The SEC’s Next Steps Legal expert Jake Chervinsky also chimed in to state that the court delivered a “huge embarrassment” for the SEC. As to the next steps that the regulator might take, Chervinsky highlighted four theories. Firstly, he believes the SEC could just pick another reason to deny Grayscale’s proposal, which could lead to another long-running legal battle between both parties. Apparently, the court had ruled that the Commission didn’t provide sufficient reason to deny Grayscale’s application as it faulted the “significant market” test size as wrong. His second theory is that the SEC will choose to abide by the court’s decision and use that as an excuse to drop its “anti-ETF position.” Furthermore, the legal expert noted that the SEC may have no choice but to approve the pending ETF applications as there is “political pressure” on the SEC. According to him, the world’s largest asset manager, BlackRock, and its CEO, Larry Fink, are lobbying for their application to be approved. Lastly, Chervinsky believes that the SEC’s Chair Gary Gensler could use this to spin the anti-crypto narrative by approving these ETFs to show that the Commission is willing to approve products that abode by their regulations.

The SEC requested permission to submit sealed papers in its action on August 28. Ex-SEC official speculates that a DOJ criminal investigation may be underway. A move to submit court papers under secrecy has been filed on behalf of the U.S SEC in its civil lawsuit against Binance. More than 35 documents, a statement from Jennifer Farer (a trial attorney for the SEC), and a proposed order were all included in the request. The SEC requested permission to submit sealed papers in its action on August 28 in U.S. District Court for the District of Columbia. The motion was sealed, prompting some to believe the SEC would be submitting confidential documents. Struggle Continues for Binance The crypto community has speculated that may be whatever Binance did, it was so dubious that the SEC is afraid to openly condemn it. While some fear that this might trigger the next market crash. Moreover, Ex-SEC official John Reed Stark speculates that a DOJ criminal investigation may be underway if the agency requests to submit confidential materials. According to the reports, the federal agency has been looking into charges of money laundering and possible breaches of sanctions involving Russian companies made against Binance. The motion came after Binance’s P2P trading service restricted access to users in Russia from using fiat other than ruble and from using specific sanctioned Russian financial institutions. Also, according to a Binance representative, the company is exploring all of its options with respect to Russia, “including a full exit.” The SEC filed a complaint against Binance, Binance.US, and CZ in June over multiple charges. Binance and Changpeng Zhao, who were sued by the CFTC in March, asked the court to throw out the case in July. However, the lawsuit is underway. Highlighted Crypto News Today: Internet Computer Protocol (ICP) Launches 1-Proposal SNS Feature

Cardano (ADA) recently managed to inch up by 1% on the weekly charts, demonstrating resilience amidst the ongoing volatility. On the other hand, a more audacious contender, Pomerdoge (POMD), is generating significant buzz. In fact, some experts whisper of an impending price pump that could bring Pomerdoge to the next level. Cardano shows green weekly price charts AnetaBTC announces the start of Cardano’s mainnet operations Pomerdoge to experience a 17x surge before its presale finishes Click Here To Find Out More About The Pomerdoge (POMD) Presale Cardano (ADA) and Its Steady Climb Cardano (ADA) has long been a favorite among crypto enthusiasts for its commitment to scalability and sustainability. As the Cardano price experienced a 1% uptick on the weekly charts, it reaffirmed its ability to weather market turbulence. In recent Cardano news, AnetaBTC has proudly announced the start of Cardano’s long-awaited mainnet operations, marking a considerable advancement. After the ADA blockchain’s successful public test net release earlier in April, anetaBTC seeks to ignite Cardano’s DeFi potential by injecting it with on-chain wrapped BTC. The launch of the mainnet is important for Cardano as it sets out on a mission to include Bitcoin liquidity via the BTC asset. Now, the Cardano price sits at $0.2984 with a market cap of $10.4B. With its moving averages also showing buy signals, many experts remain bullish about its long-term growth potential. Thus, they forecast a $0.37 price point by December 2023. Pomerdoge (POMD): Beyond the Hype In a market characterized by rapid shifts, new contenders are constantly vying for attention, and Pomerdoge (POMD) is the latest star on the horizon, promising more than just a cryptocurrency. Pomerdoge represents a P2E game that taps into the gaming world’s immense potential as over 3B individuals spend time on online games. With Pomerdoge, players can build and shape their characters into elite figures within the game’s dynamic world. The allure of customization beckons, as players can craft unique items and outfits, allowing them to express their individuality and style. However, the journey doesn’t end there. As players progress and attain the coveted gold status Pomer, a new realm of possibilities opens up. This elite status grants access to the Pomerplace, a marketplace within the game where players can trade an array of skins. This innovative feature also introduces a dynamic economic ecosystem where the virtual treasures collected can translate into tangible rewards. At the core of this game lies the POMD native token, now worth just $0.008. In addition, it is in Phase One of its presale. In other words, this price will increase as the presale picks up steam. With access to an exclusive 7,777 NFT collection for POMD holders, buyers are flooding the presale. As a matter of fact, demand is so high that experts forecast a 17x jump before it ends. Find out more about the Pomerdoge (POMD) Presale Today Website: https://pomerdoge.com/ Telegram Community: https://t.me/pomerdoge

Bitcoin Cash (BCH) and several prominent altcoins are experiencing an upward trajectory in their trading prices, attributed to a recent report indicating a favorable ruling by the US federal appeals court. The court’s decision suggests that the US Securities and Exchange Commission (SEC) erred in its rejection of Grayscale’s application for a spot bitcoin exchange-traded fund (ETF). This development has once again underscored the impact of positive regulatory news on the sentiment and valuation of the cryptocurrency market. Regulatory Reassurance Boosts BCH, Overall Market Confidence The crypto market has long been susceptible to fluctuations driven by regulatory uncertainty. However, instances of regulatory clarity, such as the latest ruling regarding Grayscale’s ETF application, have repeatedly shown their potential to galvanize positive sentiment among investors. The maturation and legitimacy that regulatory approvals signify are often interpreted as promising indicators for the industry’s future growth. This enhanced sentiment invariably piques interest not only in Bitcoin but also in various alternative cryptocurrencies, including Bitcoin Cash. Bitcoin Cash Seizes The Momentum With Bitcoin Cash exhibiting a robust price rally, the digital asset’s value soared to $217, as reported by CoinGecko. Over the span of 24 hours, the coin witnessed an impressive surge of 14.8%, which further expanded to 16% over the course of the past week. The remarkable gains can be largely attributed to the positive ripple effect generated by the Grayscale-SEC ruling, which has reverberated across the entire cryptocurrency landscape. The Bitcoin Effect On Altcoins Bitcoin, as the vanguard of cryptocurrencies, continues to wield substantial influence over the market. The surge in its price to $27,456—an increase of more than 5% within a single day—epitomizes the profound impact of Grayscale’s triumph over the SEC. What makes this rally even more intriguing is its domino effect on altcoins like Bitcoin Cash. As investors seek to diversify their portfolios, they inevitably explore alternative cryptocurrencies to maximize their potential gains. This trend has triggered a surge in interest and investment in altcoins, propelling them to new heights. The collective effect of these developments is evident in the substantial growth of the total crypto market capitalization. A surge of nearly $50 billion underscores the immediate impact of regulatory advancements on the market’s valuation. The fact that some of the most significant gains were recorded by cryptocurrencies closely linked to Bitcoin reinforces the notion that regulatory wins and leading cryptocurrency performance are intertwined in a symbiotic relationship. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Getty Images

Tether partners with Bahamas’ Britannia Bank, expands offshore banking relationships. USDT market cap steady at $80-82B; dominates stablecoin market. Tether (USDT) , the widely-used stablecoin, has recently taken strategic steps to enhance its operational landscape. Reports indicate that Tether has entered into a collaboration with Britannia Bank & Trust, a private bank situated in the Bahamas. This venture aims to streamline dollar transfers within Tether. Moreover, sources familiar with the matter reveal that Tether has been advising its clients to direct funds to Britannia’s bank account over the past several months. The inception date of this partnership remains undisclosed. And Tether’s existing banking affiliations encompass institutions like Deltec Bank and Capital Union Bank. In a climate where U.S.-based cryptocurrency enterprises are grappling with amplified regulatory scrutiny, Tether’s offshore banking alliances mirror an evolving trend. Following the abrupt downfall of FTX in November 2022, American cryptocurrency firms have increasingly sought international banking collaborations to navigate the changing regulatory landscape. However, Tether’s practice of not completely revealing its balance sheet or banking associations has periodically raised concerns. As it propagates FUD regarding the safeguarding of its substantial $86 billion in assets. Analyzing Recent Developments At present, USDT continues its reign as a dominant player in the stablecoin arena, commanding a market capitalization of $82.9 billion. It translates to an impressive 66.5% of the total market, as per the data from CoinGecko. The market capitalization of USDT underwent a robust surge of 20% in the initial four months of 2023. This surge was during a period marked by upheavals in the banking sector. It includes the troubles faced by Silvergate Bank, Signature Bank, and Silicon Valley Bank. Since then, the market capitalization has stabilized in the $80-82 billion range, highlighting its resilience. Meanwhile, In the realm of Bitcoin mining, Paolo Ardoino, Tether’s Chief Technology Officer, found himself clarifying speculations stemming from images of industrial containers holding Tether logo circulating online. These images prompted conjectures about Tether’s Bitcoin mining endeavors and the locations where mining activities were unfolding. In response, Ardoino took to social media to shed light on the matter. He revealed that the image in question was from a control room within one of Tether’s upcoming Bitcoin mining sites in South America. Although Ardoino disclosed the continent, he refrained from divulging additional details for security considerations. Adding to it, Tether is at the forefront of innovation in the mining sector with its mining software called Moria. This software is designed to provide comprehensive data analytics on energy production at Bitcoin mining sites. Ardoino also recently highlighted the necessity for improved analytics and performance assessment in Bitcoin mining operations. He envisions Moria as a tool that will greatly assist in evaluating a site’s performance. And ultimately optimizing energy usage and enhancing overall efficiency. Finally, A notable point of emphasis is Tether’s continued dominance in trading volume charts, exemplified by 133.03% surge in the past 24 hours. It can be attributed to news breakout of US court stating SEC wrong to deny Grayscale’s spot bitcoin ETF proposal. Also this underscores the significant demand and influence that Tether commands within the cryptocurrency trading sphere.

Pepe (PEPE) has made many millionaires ever since its launch in April 2023. But since it was listed on major exchanges in June, Pepe (PEPE) has stagnated and is trading sideways. The bear market has taken over after the SEC vs. XRP ruling euphoria in July. In the bearish market, experts have picked VC Spectra (SPCT), with its real-world utility, as the next top gainer. Let’s understand why experts want to move away from Pepe (PEPE) and invest in VC Spectra (SPCT). >>BUY SPCT TOKENS NOW<< Pepe (PEPE) Heads Lower Amid Waning Popularity Pepe (PEPE) had one of the most successful launches ever in April 2023. When the news of Pepe (PEPE) being listed on all major exchanges broke in June, it surged massively. PEPE reached its all-time high of $0.0000043 on June 5. At the same time, PEPE has become the third-largest meme coin in terms of its market capitalization. On July 13, PEPE announced that it had more than 130k on-chain holders. But that number has since stagnated, according to data from Etherscan. The only other major announcement from PEPE since then is the update of its token image on Etherscan. As investors and experts look for the next big project, PEPE has been falling consistently. However, PEPE witnessed a minor relief after the July 13 SEC vs. XRP judgment. PEPE went from $0.0000014 on July 13 to $0.0000018 on July 14. But as the markets turned bearish, PEPE has also seen a sharp decline. PEPE is down 52.78% since its July 14 high and is trading at $0.0000008552 on August 28. According to experts, PEPE is a risky investment with no respite or signs of growth in the pipeline. They point towards VC Spectra (SPCT) as their choice of investment because, unlike Pepe (PEPE), SPCT is more than just a token. VC Spectra (SPCT) Shows the Way Forward To Combat the Bears VC Spectra (SPCT) operates as a decentralized hedge fund, asset management protocol, and trading platform. By leveraging cutting-edge technology and artificial intelligence, VC Spectra (SPCT) aims to democratize investing in blockchain products. It is built on the Bitcoin network, is open to all, and thrives on community participation. VC Spectra (SPCT) generates sustainable profits in an ethical manner. It does so by investing in ICOs and blockchain startups. VC Spectra (SPCT) also uses multiple strategies, such as algorithmic trading, systematic trading, scalping, and arbitrage. The users gain access to different funds, such as Alpha Matrix, Quantum Ventures, and Eclipse Opportunity Fund, among others. The profits generated by VC Spectra (SPCT) are protected through the best risk management practices, such as portfolio diversification and hedging. VC Spectra (SPCT) redistributes the profits as rewards and dividends to the users. SPCT is the native governance token of the VC Spectra protocol. It can be used to make trades, vote, and pay transaction fees on the Spectra platform. The SPCT token has a total supply of 2 billion and is deflationary in nature. VC Spectra is conducting the Stage 3 public presale of its token at a price of $0.025 per SPCT. The token is predicted to reach $0.033 in Stage 4, giving a profit of 33% to Stage 3 investors. Yet, the real gains of 220% will be made when VC Spectra (SPCT) reaches $0.08 at the end of the presale. These gains are predicted for VC Spectra (SPCT) even before it is listed on exchanges. As a result, experts have picked VC Spectra (SPCT) as the best investment for 2023! Learn more about the VC Spectra presale here: Buy Presale: https://invest.vcspectra.io/login Website: https://vcspectra.io Telegram: https://t.me/VCSpectra Twitter: https://twitter.com/spectravcfund Disclaimer: The information provided in this release is not investment advice, financial advice, or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor) before investing or trading securities and cryptocurrency.

Bitcoin surges 7.5%, propelling altcoins STX, BCH, and XDC to substantial gains in positive market response. The US Court of Appeals ruled the SEC wrong in rejecting Grayscale Investments’ application for a Bitcoin ETF. On Tuesday, the federal appeals court ruled that the Securities and Exchange Commission (SEC) must reevaluate the application of Grayscale Investments, a crypto asset manager, to launch the first bitcoin exchange-traded fund (ETF). This ruling marks a setback for SEC Chair Gary Gensler’s attempts to regulate the burgeoning crypto sector. As a direct response to this development, the world’s largest cryptocurrency, Bitcoin, experienced a significant price surge of over 7.5%, jumping from $25,968 to $27,983. Top Gainers (Source: CoinMarketCap) The positive momentum initiated by Bitcoin’s price movement had a jetting effect on the global crypto market, with many leading altcoins demonstrating gains. Notably, three altcoins—Stacks (STX), Bitcoin Cash (BCH), and XDC Network (XDC)—emerged as the top gainers of the day. Stacks (STX) Registers 18% Surge Stacks (STX), one of the prominent altcoins, surged over 18% within the past few hours, bringing its trading value to $0.5383. The altcoin also witnessed a stunning increase in its daily trading volume, skyrocketing by more than 1,439% to reach $173 million. Stacks (STX) Price Chart (Source: CoinMarketCap) A notable technical aspect of Stacks’ price has risen above the 50-day exponential moving average (EMA), underlining its upward trajectory. Additionally, the Relative Strength Index (RSI) of STX is approaching the neutral zone, signifying a balanced market sentiment. Bitcoin Cash (BCH) Achieves a 15% Rally Secondly, Bitcoin Cash (BCH) exhibited a rally of over 15% in the past 24 hours, currently trading at $219. This notable price increase was accompanied by a substantial surge in the daily trading volume, which surged by 258% in a single day, reaching $525 million. Bitcoin Cash (BCH) Price Chart (Source: CoinMarketCap) The strong performance of BCH demonstrates the heightened interest and confidence among investors in the altcoin. XDC Network (XDC) Continues Positive Momentum The XDC Network (XDC) has maintained positive momentum since the beginning of the week, showcasing consistent growth. At the time of writing, XDC is trading at $0.06458, reflecting an impressive 17% surge over the last 24 hours. Furthermore, the daily trading volume of XDC witnessed a notable increase of 52%, reaching $14 million. XDC Network (XDC) Price Chart (Source: CoinMarketCap) In conclusion, these developments highlight the dynamic and fast-paced nature of the crypto market, where regulatory decisions and market sentiment can lead to rapid shifts in asset values. What do you think about the recent ruling by the US Court of Appeals? Will it influence the cryptocurrency market? Tweet to us at @The_NewsCrypto and let us know your thoughts.

IQM Spark will be installed at the user’s premises to give them full control for experiments IQM Spark is available for under one million euros ESPOO, Finland & MUNICH–(BUSINESS WIRE)–#deeptech—IQM Quantum Computers (IQM), the European leader in building quantum computers, today launched “IQM Spark,” comprising a superconducting quantum computer and tailored learning experiences for universities and research labs worldwide. IQM Spark comes pre-installed with a 5-qubit quantum processing unit, with more options available allowing for a wide variety of research experiments. To help universities kick-start their quantum program, in addition, universities will have free maintenance for one year, and IQM will also provide training for running the system and learning materials accessible through IQM Academy, a user-friendly online platform. With IQM Spark, students of all levels (bachelor, master, and PhD) will have the opportunity to learn hands-on about quantum computing. Additionally, universities can also provide their students with the skillset needed for a quantum-enabled future by leveraging both hardware and software within the learning materials. With its technical track record and world-class expertise, IQM is also committed to collaborating with universities to drive advancements in quantum science. Dr. Kuan Yen Tan, Chief Technology Officer and Co-founder of IQM Quantum Computers, said: “Since our inception, we’ve invested in and promoted quantum education and the advancement of research, and it’s apparent that universities around the globe need critical tools like IQM Spark to train the workforce needed for the next generation. Given the potential of quantum computing, the ecosystem will require a wide range of talent across electronics, chip fabrication, hardware design, and software engineering. We are confident that our system will facilitate the learning experience and engage students with the physical system.” “We’ve designed this offering for universities and research labs to build up their quantum expertise and we believe that our system will not only perform fundamental quantum experiments and raise interest in Science, Technology, Engineering, and Mathematics (STEM) but we will also advance university science around quantum computing in general, while addressing the shortage of talent and providing value for the job market,” Dr. Björn Pötter, Head of Product at IQM Quantum Computers, points out. IQM has already delivered 5-qubit quantum computers to some universities and research institutions, including the VTT Technical Research Centre of Finland and the Leibniz Supercomputing Centre in Germany. The quantum computer at VTT has been connected to LUMI, Europe’s most powerful supercomputer, hosted by the CSC – IT Center for Science. “VTT and IQM successfully collaborated in delivering Finland’s first quantum computer in 2021. The 5-qubit quantum computer enables users to take the first steps in developing quantum algorithms and learn how to utilise the new technology in practice”, said Pekka Pursula, Research Manager in Quantum Technologies at VTT. “On-premises quantum hardware is only available from a very limited number of vendors. This fact alone makes it hard for us to provide this leading-edge hardware to our scientists. Pricing and missing learning resources make it even harder to make this leading-edge technology available for educational purposes for our students,” said Prof. Dr. Dieter Kranzlmüller, Chairman of the Board of Directors of the Leibniz Supercomputing Centre, which caters to all universities of Bavaria in Germany. “IQM Spark will address three major challenges: availability, learning resources, and affordability. In that way, universities can give practical experience to the next generation of quantum computing experts,” he added. “Making on-premises quantum computer hardware available to our scientists and students as a low-barrier resource will give a boost to scientific progress and educate the next generation of quantum experts. This paves the way for students in Bavarian universities, such as Ludwig Maximilian University of Munich (LMU) and Technical University of Munich (TUM) students, to become entrepreneurs in the field of quantum technologies and live up to the excellence claim of the Munich universities,” he concluded. About IQM Quantum Computers: IQM is the European leader in building quantum computers. IQM provides on-premises quantum computers for supercomputing centres and research labs and offers full access to its hardware. For industrial customers, IQM delivers quantum advantage through a unique application-specific, co-design approach. IQM’s commercial quantum computers include Finland’s first commercial 54-qubit quantum computer with VTT, IQM-led consortium’s (Q-Exa) HPC quantum accelerator in Germany, and IQM processors will also be used in the first quantum accelerator in Spain. IQM has over 280 employees with offices in Paris, Madrid, Munich, Singapore, and Espoo. Contacts Sylwia Barthel de Weydenthal, Head of Marketing and Communications Email: [email protected] Mobile: +358505966629 www.meetiqm.com

Internet Computer Community enabled 1-proposal of the SNS initialization feature. ICP has experienced a significant surge of over 3% in the last 24 hours. DFINITY developers, the developers building on the Internet Computer Protocol, announced that the ICP community has adopted all the proposals. Moreover, the 1-proposal of the SNS initialization feature is enabled. In August 2023, the NNS voted to release the new version of SNS with a new and simplified process. On August 28, DFINITY developers shared a tweet about announcing the launch of 1-Proposal. The new launch process only requires one NNS proposal. That will trigger the creation of SNS canisters as well as starting and finishing the decentralized swap. Moreover, some of the dapps projects have already started planning and testing the SNS launch. Internet Computer Actively Shaping Blockchain Ecosystem The Service Nervous System (SNS) is an advanced form of a DAO. It is a digital democracy that can run any dapps, such as social networks, in a fully decentralized way. Moreover, an SNS derives from a Network Nervous System (NNS), the autonomous tokenized governance system that controls the Internet Computer blockchain in a completely decentralized way. The Internet Computer Community is continuously shaping the blockchain’s features and upgrades with a list of technical updates. The DFINITY Foundation has proposed a partnership with developers and stakeholders to allow entrepreneurs and developers to create a decentralized and tokenized governance system for their dapps. Service Nervous System is one of the proposals among them all. The launch of 1-Proposal SNS enables the Dapp to have sufficient cycles to run, develop additional features, and scale with demand. Moreover, SNS facilitates token-based governance that can also be used to attract users to their Dapps and drive network effects to extend their reach. On the other hand, Internet Computer (ICP) has experienced a significant surge in the last 24 hours. At the time of writing, the Internet Computer has been trading at $3.54, with an increase of over 3.16% in the last 24 hours. The daily trading volume of ICP has experienced a surge of around 169.59%, according to CoinMarketCap.

Circle’s CEO Jeremy Allaire has announced that USDC will be launched natively on the Base Network platform next week. Allaire took to social media platform X (formerly known as Twitter) to share this news, emphasizing the benefits and implications of this integration. Circle also confirmed the announcement, stating that USDC issued by Circle will be considered the official form of USDC for the Base Network ecosystem. They further highlighted that native USDC will gradually replace the currently circulating bridged USDbC liquidity that originates from Ethereum. Base Network’s Native USDC Integration To Attract Capital? The integration of native USDC on Base Network offers numerous advantages for users and developers alike. Key among these benefits is the expansion of liquidity, as native USDC gains traction within the ecosystem. An important aspect of the integration is the potential replacement of bridged USDbC (USD Coin on Ethereum) liquidity. Base Network aims to establish a “self-sustaining” ecosystem, where transactions and value transfers occur natively within the network. Per the announcement, by reducing reliance on external bridges, the integration of native USDC enhances efficiency, security, and scalability, resulting in a more streamlined and user-friendly experience. Notably, the migration process from bridged USDbC to native USDC will be managed by Base Network in collaboration with ecosystem apps to ensure a seamless transition of liquidity. In addition to the expected boost to the network’s financial infrastructure, the integration of native USDC aims to create new opportunities for developers to leverage stablecoin functionality within their decentralized applications (dApps). This integration is also expected to simplify the integration of fiat currency and cryptocurrency for institutional investors, further broadening the appeal and utility of Coinbase’s Base. Importantly, the integration of native USDC will not immediately impact Base Bridge, which will continue to operate “normally”, ensuring uninterrupted functionality for users, according to the announcement made on Monday. Overall, The impending integration of the stablecoin on the Base Network marks an important development for the decentralized ecosystem. The introduction of USDC brings potential benefits such as enhanced liquidity, streamlined value transfer, and increased opportunities for developers. While the transition from bridged USDbC to native USDC may present challenges, Base Network is committed to managing the migration process effectively and addressing any concerns. As the launch of native Circle USD on Base Network approaches, industry participants eagerly anticipate its potential impact on liquidity dynamics and the broader cryptocurrency landscape. While the integration holds promise, it remains to be seen how successful it will be in attracting users within the Base Network ecosystem. Featured image from iStock, chart from TradingView.com

Bitcoin price rallied above $26,500 and $27,000. BTC tested the $28,000 resistance zone and is currently correcting lower toward $27,000. Bitcoin jumped and cleared the $26,500 resistance zone. The price is trading above $26,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance near $26,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is correcting gains, but it might find bids near $27,000 or $26,700. Bitcoin Price Regains Strength Bitcoin price started a decent increase following news that a US court ruled in favor of Grayscale against the SEC, opening the doors for ETF. BTC gained pace and was able to clear the $26,500 resistance zone. There was a steady increase, and the price even broke the $27,500 resistance zone. Finally, it tested the $28,000 resistance zone. A high is formed near $28,150 and the price is now correcting gains. There was a minor decline below the $27,800 level. The price traded below the 23.6% Fib retracement level of the upward move from the $25,927 swing low to the $28,150 high. However, Bitcoin is still trading above $26,500 and the 100 hourly Simple moving average. Source: BTCUSD on TradingView.com If there is a fresh increase, immediate resistance is near the $27,650 level. The first major resistance is near the $28,000 level. A clear move above the $28,000 level might send the price toward $28,500. The next major resistance is near $29,200, above which there could be a sustained increase. In the stated case, the price could test the $30,000 level. Any more gains might set the pace for a larger increase toward $31,200. Are Dips Limited In BTC? If Bitcoin fails to clear the $28,000 resistance, it could continue to move down. Immediate support on the downside is near the $27,000 level. The next major support is near the $26,700 level or the 61.8% Fib retracement level of the upward move from the $25,927 swing low to the $28,150 high. A downside break below the $26,700 level might push the price again into a bearish zone. In the stated case, the price could drop toward $26,000. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $27,000, followed by $26,700. Major Resistance Levels – $28,000, $28,500, and $29,200.

Ethereum price rallied above the $1,700 resistance against the US Dollar. ETH struggled near $1,750 and is currently correcting gains. Ethereum gained momentum above the $1,660 and $1,670 levels. The price is trading above $1,700 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance near $1,650 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now correcting gains from the $1,750 resistance. Ethereum Price Rally Stalls Ethereum’s price was able to start a decent increase from the $1,620 zone. ETH formed a base and started a steady increase above the $1,650 resistance, like Bitcoin. There was a break above a key bearish trend line with resistance near $1,650 on the hourly chart of ETH/USD. The pair climbed higher above the $1,670 and $1,700 resistance levels. However, the bears were active near the $1,750 zone. A high is formed near $1,747 and the price is now correcting gains. There was a move below the $1,720 level. The price declined below the 23.6% Fib retracement level of the upward move from the $1,639 swing low to the $1,747 high. Ether is now trading above $1,700 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $1,725 level. The next resistance is near the $1,750 level. A close above the $1,750 level might send the price toward the $1,850 zone. If there is a clear move above $1,850, Ethereum could rise toward the $1,920 resistance. Any more gains might send the price toward the $2,000 resistance. Are Dips Supported in ETH? If Ethereum fails to clear the $1,750 resistance, it could continue to move down. Initial support on the downside is near the $1,700 level. The first key support is close to $1,680 or the 61.8% Fib retracement level of the upward move from the $1,639 swing low to the $1,747 high. The next major support is near the $1,660 level. If there is a downside break below $1,660, the price could accelerate lower toward the $1,620 level. Any more losses might send the price toward the $1,540 level in the near term. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $1,680 Major Resistance Level – $1,750

Dogecoin is showing positive signs above the $0.0642 level against the US Dollar. DOGE could continue to rise if it stays above the $0.0606 support. DOGE started a decent increase above the $0.0642 resistance against the US dollar. The price is trading above the $0.065 level and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.0630 on the 4-hour chart of the DOGE/USD pair (data source from Kraken). The price could correct lower, but dips might be attractive near the $0.062 zone. Dogecoin Price Starts Recovery After a major decline, Dogecoin price found support near the $0.055 zone. DOGE traded as low as $0.0557 and started a fresh increase. There was a decent move above $0.0600 and the price settled above $0.0606. Recently, there was a strong increase in Dogecoin like Bitcoin and Ethereum, and it was able to clear the $0.0620 resistance. The price climbed above the 50% Fib retracement level of the main decline from the $0.0772 swing high to the $0.0557 low. Besides, there was a break above a key bearish trend line with resistance near $0.0630 on the 4-hour chart of the DOGE/USD pair. It is now trading above the $0.065 level and the 100 simple moving average (4 hours). On the upside, the price is facing resistance near the $0.0665 level. The first major resistance is near the $0.0690 level or the 61.8% Fib retracement level of the main decline from the $0.0772 swing high to the $0.0557 low. Source: DOGEUSD on TradingView.com A close above the $0.0690 resistance might send the price toward the $0.0725 resistance. The next major resistance is near $0.0780. Any more gains might send the price toward the $0.080 level. Are Dips Supported in DOGE? If DOGE fails to gain pace above the $0.0690 level, it could start a downside correction. Initial support on the downside is near the $0.0642 level. The next major support is near the $0.0606 level. If there is a downside break below the $0.0606 support, the price could decline further. In the stated case, the price might decline toward the $0.055 level. Technical Indicators 4 Hours MACD – The MACD for DOGE/USD is now gaining momentum in the bullish zone. 4 Hours RSI (Relative Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major Support Levels – $0.0642, $0.0625, and $0.0606. Major Resistance Levels – $0.0665, $0.0690, and $0.075.

Shiba Inu (SHIB) price is once again at a crucial crossroads. Currently, it’s down a staggering 91% from its all-time high (ATH) of $0.00008845, recorded in October 2021. Over the past year, the token has been on a consistent downtrend, marking lower highs and lower lows on the monthly time frame. But all is not bleak for SHIB investors. The recent relaunch of Shibarium, a layer 2 blockchain, is a beacon of hope. This move is seen as Shiba Inu’s attempt to transition from its meme coin status to a more serious player in the crypto world, aiming to enable applications for millions across a vast ecosystem. Shiba Inu Faces A Double-Edged Sword From a technical chart analysis perspective, there’s another glimmer of hope: the formation of a triple bottom pattern. This pattern, if validated, could signal the end of SHIB’s two-year-long downtrend. However, it’s a double-edged sword. If invalidated, this pattern could morph into a descending triangle, potentially pushing SHIB to new lows. A closer look at SHIB’s weekly chart reveals the formation of this triple bottom pattern. A triple bottom is a bullish chart pattern. It’s characterized by three roughly equal lows bouncing off a support level, followed by a breakout above the resistance. This visual pattern indicates a shift in power from sellers (bears) to buyers (bulls). Remarkably, the formation of a triple bottom is often seen as an opportunity for traders to enter a bullish position, especially after a prolonged bearish trend, as is the case with SHIB. A few rules typically qualify triple bottoms. An existing downtrend should precede the pattern. SHIB checks this box. Second, the three lows should be roughly equal in price, allowing for a horizontal trendline. SHIB fits this criterion as well. Third, the volume should decrease throughout the pattern, indicating weakening bears, while bullish volume should surge as the price breaks through the final resistance. The chart highlights this for SHIB. To delve deeper into the specifics: SHIB’s first bottom was recorded when it dropped to the $0.00000715 mark in June 2022. A subsequent recovery was short-lived, causing SHIB to fall to its second bottom at $0.00000781 in December 2021. The third bottom was formed at $0.0000060 in June 2023, after another recovery attempt faced resistance and marked a lower high. However, the danger lies in the striking similarity between the triple bottom and the descending triangle. If the support at $0.00000715 breaks, SHIB could validate the descending triangle and target its previous yearly low at $0.000006. Holding this level is crucial; otherwise, SHIB might enter uncharted territory. It’s worth noting that traders often seek confirmation of a triple bottom using other technical indicators. An oversold Relative Strength Index (RSI) is one such indicator. Currently, SHIB’s weekly RSI stands at 45 (neutral), leaning more towards the possibility of a descending triangle pattern. But if the triple bottom plays out, the rewards could be substantial. The first major target for SHIB could be the 23.6% Fibonacci retracement level at $0.00002545, translating to a potential gain of approximately 200% from its current price.

Onboarding users and an insufficient number of builders are some of the key challenges for Metaverse and Web3 space. Followed by its virtual airdrop, ZTX records 200,000 new user wallets in a day. ZTX, a prominent builder of metaverse and web3 platforms, has just completed a rapid and highly effective onboarding campaign over the weekend. With a limited-edition virtual hoodie airdrop, ZTX has attracted more than 200,000 new user wallets on Arbitrum, the Ethereum scaling solution that is known for its high-throughput, low-cost transactions. The hoodie can be used in both legacy Web2 and newer Web3 settings and exemplifies the ZTX’s ethos of delivering interoperability that projects across the board hail as the solution to the world’s tech challenges but few have adequately addressed. ZTX’s Limited Edition Virtual Hoodie Onboarding users has been the most critical challenge for many virtual worlds and Web3 platforms in recent times. Without a sufficient number of users participating in online offerings and creators building those offerings, many projects have fizzled out all too quickly. Too much of the world’s online activity still takes place in the Web2 space, and Web3 likely still needs some time to mature. Why not combine offerings or functionalities that cater to both? That’s exactly what ZTX did with the release of its virtual collectible. The platform has been gradually building out its interactive and immersive virtual world over the past year. Packed with novel experiences of all kinds, and designed with user-focused utility and benefits from the ground up, ZTX is leading the march toward delivering a fully functional and self-sustaining virtual world for creators and users alike. Confering Real Utility To Web3 & Metaverse Worlds The ZTX onboarding campaign was so successful that over 20 creators from its legacy platform – creators who collectively boast over 8 million followers — created content and hosted livestreams to educate their followers about ZTX’s on-chain expansion. These are the users and creators who will pioneer the Web3 future by leading initiatives during the overlapping transition stages between Web2 and Web3. The type of interoperability boasted by ZTX comes with numerous benefits. First and foremost, it allows creators and users to enjoy the best of both the Web2 and Web3 worlds without having to sacrifice participation, activities, or opportunities in one for those in the other. Second, it allows for quicker onboarding, better user education, and the kinds of streamlined offerings that users are accustomed to instead of relying on steep learning curves and high dropoff rates that are common in Web3 due to the perceived complexity and user unfamiliarity with Web3. Finally, it provides the perfect on-ramps for bringing people into the Web3 world by introducing them to wallets, blockchain-based tokens and rewards, and the digital asset-based future that we are collectively heading toward. As ZTX continues its journey of bringing innovative experiences to new audiences, it is primed to launch its Genesis Home Mint — a collection of 2,000 bespoke NFT homes with built-in utility and functionality — on OpenSea on August 30. This mint, which follows a sold-out presale, will be the basis of the economic engine for many users of ZTX since these homes can be used in a variety of ways and can help users establish their bases and earn real rewards. The mint will precede the release of ZTX’s updated private beta of its on-chain platform, which is scheduled for September of this year. Earlier this month, ZTX announced the results of a rounding round. Led by Jump Crypto, the project raised $13 million to do exactly what it is doing – advance its Web3 virtual world, help creators, and onboard users fast.