Analysis Today TheBitTimes.com

According to the researchers, people’s penchant to misinterpret patterns could be a boon for charitable organizations that accept cryptocurrency. A team of academic researchers from the U.S. recently published a study exploring how the “gambler’s fallacy” affected cryptocurrency donations. Their findings indicate that organizations accepting crypto donations could benefit from timing the market.  Essentially, the team’s work explores the idea that people generally misinterpret certain pattern signals when it comes to finance. Charities that understand the penchant for crypto holders to hold or move assets based on perceived market conditions may be able to optimize their strategies to reap larger donations. Per the paper: “Our findings support actionable recommendations for how charities can design more intentional fundraising campaigns to take advantage of the cost and time efficiencies of cryptocurrencies. By considering recent changes in cryptocurrency prices and highlighting the u...

As Israel grapples with the aftermath of an attack orchestrated by Hamas, we look at the role of crypto in terrorism financing. On Oct. 7, Palestinian militant group Hamas launched a devastating attack against Israel, killing at least 900 people and taking captive more than 130 others. The dawn incursion, aimed at several populated areas, including Tel Aviv and Ashkelon, caught Israeli security off guard as the country celebrated a religious holiday. In response, Israel declared war against Hamas, hitting more than 1,000 targets in the tiny enclave of Gaza believed to be Hamas gathering places.  According to the Gaza Health Ministry, at least 680 civilians have died due to Israel’s retaliatory actions. Even as the battle rages on, many wonder how a criminal group like Hamas can access the funds required to plan and execute an attack of such scope and magnitude. Previously, the Sunni Islamist militant group was known to accept cryptocurrency to fund their activities. Still, they d...

According to the FEC, DataVault will receive “reasonable compensation” for each NFT issued to contributors, as well as track all tokens issued for its own records. The United States Federal Election Commission (FEC) has issued an advisory opinion stating DataVault Holdings may use nonfungible tokens for fundraising efforts. In a Dec. 15 notice, the FEC said it was “permissible” for DataVault holdings to send nonfungible tokens, or NFTs, to political campaign contributors without violating rules on corporate contributions. According to the election agency, DataVault will receive “reasonable compensation” for each NFT issued to contributors, as well as track all tokens issued for its own records. “The Commission concludes that DataVault’s proposals to provide political committees with NFTs on the same terms that it regularly offers its non-political clients would be a permissible extension of credit by DataVault in the ordinary course of business,” said FEC chair Allen Dickerson. “Unde...