An Ethereum developer has managed to get ChatGPT to launch its own ERC-20 token, AstroPepeX, modeled off data from the top traded tokens on Uniswap. X (previously Twitter) user CroissantETH unpacked details of how they integrated ChatGPT into a custom application using OpenAI’s API. They told it to design and issue its own ERC-20 token
A crypto wallet belonging to trading platform Binance has spent 530 Ether (ETH), worth around $843,797, in gas fees in just 24 hours, according to blockchain data explorer Etherscan. On Sept. 21, gas fees on the Ethereum network went from a minimum of 6 gwei, which is around $0.17, up to a maximum of 332
Bitcoin (BTC) speculators are in “panic” mode as nearly all of them are in the red, research says. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode revealed 97.5% unrealized losses among Bitcoin’s short-term holders (STHs). Research warns of “non-trivial” Bitcoin sentiment slide BTC price action in recent months has
Generative artist William Mapan’s latest collection, “Distance,” sold out in less than 24 hours despite launching in the middle of a very weak NFT market. From his early long-form generative series “Dragons” on the Tezos blockchain to the highly sought-after “Anticyclone” ArtBlocks collection that currently commands a 5 ETH floor, Mapan has a unique way
Receive free State pension updates We’ll send you a myFT Daily Digest email rounding up the latest State pension news every morning. The year is 2053, and a band of spry protesters wave placards outside parliament. Inside, a throng of ashen-faced MPs vote to pass new legislation. In Thockrington, Northumberland a groaning, creaking sound disturbs
Cryptocurrency-friendly brokerage firm eToro is expanding its crypto services worldwide by securing new regulatory approval in Europe. eToro has received the Crypto Asset Service Provider (CASP) registration from the Cyprus Securities and Exchange Commission (CySEC), the firm officially announced on Sept. 21. According to eToro, the registration will authorize it to offer regulated crypto services
‘If it’s going to drop, it’ll be by the end of next year but that feels like a long time away’ — Tunde, 38, in London’s Canary Wharf Several London commuters expressed unease that higher interest rates could prolong the cost of living crisis, with housing of particular concern. In the financial district of Canary
Receive free UK interest rates updates We’ll send you a myFT Daily Digest email rounding up the latest UK interest rates news every morning. The Bank of England has held interest rates at 5.25 per cent after a knife-edge vote that is likely to signal the peak of borrowing costs in this cycle. Following better
Receive free Lex updates We’ll send you a myFT Daily Digest email rounding up the latest Lex news every morning. There is no problem that private equity will not attempt to solve, including the problem of private equity itself. Interest rates have jumped and buyout exits have slowed amid a drought in M&A and new
Receive free FT Magazine updates We’ll send you a myFT Daily Digest email rounding up the latest FT Magazine news every morning. Elon Musk calls working from home morally wrong. Google has begun including office attendance in its employees’ performance reviews. Amazon’s chief executive, Andy Jassy, who previously seemed relaxed about remote work, told staff
Bitcoin (BTC) slipped from $27,000 on Sep. 21 as the dust settled on the latest United States macroeconomic events. BTC/USD 1-hour chart. Source: TradingView Bitcoin: “Rangebound until proven otherwise” Data from Cointelegraph Markets Pro and TradingView showed BTC price strength waning prior to the Wall Street open, down by around 1.5% on the day. Bitcoin
The Bitcoin network got its own community-based social token ecosystem after a new project called Alpha emerged overnight. As a decentralized social network protocol, Alpha is similar to the widely-known Ethereum-based platform Friend.tech. It allows users to monetize their online persona and content creation via its social tokens. ️Alpha α is officially here More than the @friendtech
The open-source nature of many hardware cryptocurrency wallets allows one to build a do-it-yourself (DIY) wallet like Trezor from scratch, but it requires certain skills. Florin Cocos, an electronics design manager from Romania, built his own DIY Trezor with the wallet’s open-source code in 2018, without having access to a “real” Trezor device. On his
Receive free UK politics updates We’ll send you a myFT Daily Digest email rounding up the latest UK politics news every morning. Rishi Sunak said the green targets he was delaying were “not necessary” to meet the UK’s emissions obligations, despite concern from his government’s own climate advisory body. The prime minister on Thursday defended his decision to push
Mt. Gox’s infamous 2014 security breach — which lost 850,000 Bitcoin (BTC) of investors’ funds — resulted in its users embarking on a seemingly never-ending, decade-long pursuit of closure via funds reimbursement. Over the years, Mt. Gox has repeatedly postponed plans to reimburse the funds that the crypto exchange had barred its users from withdrawing
South Korea’s second-largest city, Busan, is developing a public blockchain network compatible with mainstream blockchain platforms, such as Ethereum and Cosmos. The aim is to integrate blockchain-based services from various blockchain mainnets onto a single platform at the city level and develop Busan into a blockchain city. Busan City has allocated a 100-billion-Korean-won ($75 million) budget
Receive free Markets updates We’ll send you a myFT Daily Digest email rounding up the latest Markets news every morning. European and Asian stocks fell and crude oil retreated on Thursday after the Federal Reserve signalled it could keep rates higher for longer in order to tackle stubborn US inflation. Europe’s region-wide Stoxx 600 and
Cryptocurrency payment gateway Alchemy Pay is expanding its global presence after securing a major payment license in the United States. Alchemy Pay has obtained a Money Transmitter License in the state of Arkansas, the firm announced to Cointelegraph on Sept. 20. Granted by the Arkansas Securities Department, the license officially enables Alchemy Pay to operate
Ethereum layer-2 scaling solution Optimism has disclosed plans to sell 116 million OP tokens to seven private buyers for treasury management purposes. At current prices, the sale will see $159 million worth of OP tokens change hands. Starting today, there will be several transactions totaling approximately 116M OP tokens. We’re sharing as a heads up
An unwitting cryptocurrency holder has reportedly fallen victim to an eye-watering $4.46-million phishing scam. According to data from Etherscan, $4.46 million in Tether (USDT) was withdrawn from a Kraken crypto exchange wallet and eventually sent to an address ending in “ACa7.” Blockchain security firm PeckShield has labeled the address as being owned by a phishing scammer.
Receive free UK public finances updates We’ll send you a myFT Daily Digest email rounding up the latest UK public finances news every morning. UK public sector borrowing was lower than the official forecast in August, adding to pressure on the chancellor to cut taxes ahead of the next general election. Data published on Thursday