Author: Judith Faith

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Judith Faith

Judith Faith has been writing about cryptocurrencies and blockchain technology for over five years. She is well versed in the industry and has an extensive network of industry contacts. She is also a frequent contributor to various cryptocurrency publications. With her vast knowledge and experience, she is able to provide insightful and valuable content to her readers. Judith is also an active investor in the cryptocurrency space and has a vested interest in the success of the industry.

Articles by Judith Faith

The Walt Disney Company, a global entertainment powerhouse, is facing an unexpected threat in the field of AI-generated art.

Disney Worries About AI-Driven Trademark Infringement

5 months ago 2 mins read

The Walt Disney Company, a global entertainment powerhouse, is facing an unexpected threat in the field of AI-generated art. A social media craze that uses Microsoft’s Bing AI imaging tool to create photographs of dogs in a “Pixar” style has piqued Disney’s interest. While the problem is not about the art itself, Disney is concerned about the unintended production of a trademark-infringing Disney-Pixar logo as a result of this AI practice. In response to Disney’s concerns, Microsoft took action by initially removing the term “Disney” from their picture generator to prevent additional infringement. However, doubts lingered about the efficiency of

German Lawmaker's Bold Vision for Bitcoin as Legal Tender

German Lawmaker Advocates for Bitcoin Legal Tender Status in The Country

5 months ago 1 min read

German lawmaker Joana Cotar is leading the charge to legalize Bitcoin in Germany. She’s highlighting its special benefits and trying to make it stand out from other crypto. As part of her initiative, Cotar is undertaking a legal evaluation with the goal of creating a comprehensive framework that formally acknowledges Bitcoin as a legitimate form of money. Ensuring legal security takes precedence over potential risks like tax fraud and money laundering. Cotar has also started the “Bitcoin in the Bundestag” campaign to raise awareness and understanding among other politicians. The goal of this educational program is to draw attention to

Solana DEX Initiates Airdrop Program for Early Supporters

Solana’s Jupiter DEX Plans Token Airdrop as a ‘Big Thank You’

5 months ago 1 min read

Based on the Solana platform, Jupiter decentralized exchange (DEX) is giving back to its early adopters with an abundance of token airdrops. Billions of Jupiter tokens will be distributed by the decentralized exchange, forty percent of which will be distributed to users in four phases. Next week will mark the start of the airdrop’s first phase, which will involve the distribution of one billion Jupiter tokens. Users must have exchanged at least $1,000 worth of tokens on the Jupiter platform in order to be eligible for this reward. The eligibility of nearly 955,000 wallets is determined by their swap volume.

Potential TRX Selloff Looms as FTX Transfers Millions to Binance

FTX exchange sends 75 million TRX tokens to Binance

5 months ago 1 min read

Lookonchain’s recent post highlighted that FTX has sent 75 million TRX tokens to Binance in the past few hours, adding to a total of 161 million TRX sent over the past three days. These substantial transfers raise concerns about a potential mass selloff of TRX, indicating FTX’s efforts to liquidate its cryptocurrency holdings to meet obligations to creditors. As of now, this anticipated TRX selloff has not commenced. According to CoinMarketCap, TRX is currently trading at $0.1047, showing a modest 24-hour gain of 1.50%. Despite the recent increase in TRX’s price, pushing the altcoin to $0.1047, its weekly performance remains

Whales and Sharks Sell Off $2.2 Billion in Bitcoin

Bitcoin Whales Sells Off $2.2 Billion in BTC as Price Holds at $37K

5 months ago 1 min read

Big players in the Bitcoin market (Whales) have been selling off their Bitcoin holdings, amounting to a substantial $2.2 billion in the past week. These significant investors, with wallets holding between 100 and 10,000 BTC, play a pivotal role in shaping the market due to the sheer volume of Bitcoin under their control. A closer look at the chart tracking these major Bitcoin holders reveals a marked decrease in their balances, indicating a considerable sell-off. Around 60,000 BTC was offloaded during this period. Notably, this significant sell-off coincided with Bitcoin’s price surpassing the $37,000 mark, suggesting that these major players

Binance-Linked Wallet Reports $27M Crypto Theft, While Q3 Records $699M Losses

$27 Million Hacked From Crypto Wallet Connected to Binance

5 months ago 1 min read

A wallet associated with Binance fell victim to a $27 million cryptocurrency theft. The stolen funds mainly consisted of Tether (USDT) coins, and the incident was first uncovered by cryptocurrency investigator ZachXBT. ZachXBT’s research revealed that the stolen cryptocurrency underwent a series of conversions, including Ethereum (ETH), before ultimately being converted into Bitcoin to obscure the thief’s tracks. The wallet containing the stolen funds had just completed a withdrawal from Binance shortly before the theft occurred. A recent report on Web3 security highlighted the alarming trend of increasing cryptocurrency thefts during the third quarter of 2023, with losses exceeding $699

Vitalik Buterin Transfers 50 ETH Amid Ethereum's $2,000 Milestone

Ethereum’s Vitalik Buterin Transfers 50 ETH As it Hit $2,000

5 months ago 1 min read

Ethereum, one of the leading cryptos, recently broke the $2,000 price barrier. A notable event coincided with this milestone as Ethereum’s co-founder, Vitalik Buterin, moved 50 ETH to Coinbase custody. While Buterin’s transfer has caught the attention of the crypto community, it’s important to note that using Coinbase Custody doesn’t necessarily indicate a plan to sell. Coinbase Custody is a platform designed for the safe storage of large amounts of cryptocurrencies, often utilized by institutions, providing an extra layer of security and insurance. It’s also crucial to understand that crypto prices are influenced by a multitude of factors, and a

Bitcoin is currently experiencing some volatility

Bitcoin (BTC) surges above $35,000

5 months ago 1 min read

Bitcoin (BTC) reached an impressive 18-month high, injecting a fresh wave of optimism into the cryptocurrency community. This surge in Bitcoin’s price has led many to believe that it could potentially reach even greater heights in the coming year. Despite this recent price surge, Bitcoin is currently experiencing some volatility, with its price swinging between $34,546 and $35,892. Over the past 24 hours, it has seen a modest 1% increase, and trading volume has spiked significantly, up by 42%. Notably, Bitcoin has demonstrated an impressive 27% increase in value over the last 30 days. Adding to the excitement in the

SK Telecom Teams Up with Aptos and Atomrigs Lab for Crypto Wallet Development

SK Telecom Collaborates with Aptos and Atomrigs Lab for Crypto Wallet Project

5 months ago 1 min read

South Korea’s leading mobile carrier, SK Telecom, is teaming up with Aptos and Atomrigs Lab to enhance and expand its web3 wallet service, known as T wallet. In an announcement shared on LinkedIn, SK Telecom revealed its aim to strengthen its connections with customer-preferred mainnets and decentralized applications, with a primary focus on the development and enhancement of the T wallet. One notable aspect of this partnership is the collaboration with Aptos, marking SK Telecom’s first foray into integrating a virtual machine blockchain outside of Ethereum. The company emphasized its commitment to delivering tangible value to users by integrating with

A staggering 4.4 trillion SHIB tokens were recently transferred from Bitvavo to a wallet held by an anonymous user.

Over 4.3 Trillion Shiba Inu (SHIB) Moved By Whales

6 months ago 1 min read

Whale Alert has once again unearthed a jaw-dropping SHIB transaction from Bitvavo, a cryptocurrency exchange. Around 4.4 trillion SHIB tokens were recently transferred from Bitvavo to a wallet held by an anonymous user. The total sum moved by this enigmatic whale amounted to a mind-boggling 4,454,530,677,374 SHIB tokens, with a jaw-dropping value of $34,314,122. Notably, another sizable transaction involving over 3.4 trillion SHIB tokens from a Bitvavo wallet was detected earlier this week by Whale Alert. However, this transaction was identified as an internal one, meaning it likely involved Bitvavo’s own operations. Interestingly, SHIB on-chain flows have surged by an

The Securities and Exchange Commission (SEC) aims to wrap up the legal battle with Do Kwon and Terraform Labs by seeking a summary judgment.

The US SEC Seeks Summary Judgment in Case Against Do Kwon and Terraform Labs

6 months ago 2 mins read

The Securities and Exchange Commission (SEC) aims to wrap up the legal battle with Do Kwon and Terraform Labs by seeking a summary judgment. In simpler terms, they’re asking the court to make a swift decision without the need for a full-blown trial. According to the SEC, there’s “no genuine dispute as to any material fact” in their case against the two. The core of the SEC’s argument revolves around whether Do Kwon and Terraform Labs sold securities. The SEC firmly believes they did, and here’s why: the money invested by purchasers, whether it was in traditional fiat currency or

WalletConnect, a platform that facilitates connections between crypto wallets like MetaMask, has made the decision to halt its services for customers in Russia.

WalletConnect decides to halt its services for customers in Russia

6 months ago 1 min read

WalletConnect, a platform that facilitates connections between crypto wallets, has made the decision to halt its services for customers in Russia. This move is in response to new guidelines set forth by the U.S. Treasury’s Office of Foreign Assets Control (OFAC), which provides regulations regarding financial transactions and dealings with countries under sanctions. Pedro Gomes, the CEO of WalletConnect, announced this decision via the platform on Monday. OFAC has been closely monitoring crypto activities in Russia since 2021, primarily due to the ongoing Russia-Ukraine conflict, which has led to several countries imposing sanctions on Russia. In 2021, OFAC introduced regulations

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