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Israeli Cyber Crime Unit Raids Company Accused of Producing a Crypto-Stealing ‘Sting Software’

Israeli law enforcement recently raided the offices of a company accused of producing software used by criminals to defraud crypto investors of millions of dollars. Some six suspects were arrested following the raid on a company that is reportedly…

Blockchain Firm Raises Millions From Andreessen Horowitz, Paris Hilton to Help Monetize AI Mashups

Investors led by Andreessen Horowitz have backed a company that has set out to help content creators monetize their work in the age of artificial intelligence (AI). The tech firm intends to employ blockchain technology to track remixes and mashups…

Canaan to Launch Avalon 14 Series Bitcoin Miner With Advanced 1X J/TH Efficiency

In mid-August, Bitmain revealed its intention to launch a new Antminer featuring an efficiency rating of 1X joules per terahash (J/TH). Three days after this disclosure, Canaan also announced plans to unveil a novel product but with little details…

JPMorgan Expects SEC to Approve Multiple Spot Bitcoin ETFs at Once

Global investment bank JPMorgan expects the U.S. Securities and Exchange Commission (SEC) to approve multiple spot bitcoin exchange-traded funds (ETFs) at once, instead of giving one company the advantage of being the first. The bank’s…

Peter Schiff Says US Can’t Afford to Decouple From China — Warns of Dollar Collapse

Economist Peter Schiff has warned that the U.S. cannot afford to decouple from China. “Our entire standard of living rests on the support of China,” he stressed, adding that “If we lose that support, it’s going to collapse.” He also predicted th

Analyst Predicts SEC Will Approve First Spot Bitcoin ETF by Mid-March Next Year

Asset management firm Bernstein has predicted that the U.S. Securities and Exchange Commission (SEC) will approve its first spot bitcoin exchange-traded fund (ETF) between mid-October and mid-March next year. The firm’s analyst believes that…

Bitcoin’s 21 Million Supply Cap: Immutable Truth or Future Flexibility?

This week, the crypto community is abuzz with discussions about Bitcoin’s 21 million supply cap and the potential for its alteration. On September 4, in a social media exchange, software developer and Bitcoin Core contributor Peter Todd…

Tornado Cash Co-Founder Pleads Innocence Amidst Money Laundering and Hacking Scandal

On the 6th of September, 2023, the Inner City Press (ICP) delivered an account of the legal proceedings involving Roman Storm, one of the co-creators behind the ethereum (ETH) mixing protocol, Tornado Cash. In the courtroom drama that unfolded…

Arkham Intelligence Identifies Grayscale’s $16 Billion Onchain Bitcoin Holdings

Arkham Intelligence, a leading crypto analytics firm, unveiled on Wednesday its findings on Grayscale’s Bitcoin Trust onchain holdings. This revelation comes just six days after Arkham shed light on the fund manager’s onchain ethereum…

Bitcoin Mining Difficulty Dips 2.65%; Network Clocks Modest Uptick in Hash Price

On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a slight reprieve for miners. This marks the first decline since July 26, when a 2.94% slide was recorded at block height…

$21 Million in ‘Sleeping Bitcoins’ Awaken After Years of Dormancy 

Despite bitcoin’s (BTC) price dipping 6.4% this week and hovering below the $26K mark, a flurry of activity was noted between September 5th and 6th as several substantial ‘sleeping bitcoins’ stirred. After a lull of slightly…

Lawyers Push SEC to Approve Grayscale Bitcoin ETF ‘Expeditiously’ 

Lawyers representing crypto asset manager Grayscale Investments urged the Securities and Exchange Commission (SEC) to “expeditiously” approve a spot bitcoin exchange-traded fund (ETF) in a letter sent to the agency. Grayscale’s letter follows a…

Another Executive Exits Binance Amid Regulatory Scrutiny

Mayur Kamat, head of product at Binance, is leaving the crypto exchange which has seen several executive exits in recent months. His and the other departures coincide with an ongoing regulatory clampdown on crypto business that has placed the…

South Korea Seeks to Freeze North’s Crypto Assets Under New Law

The government in Seoul intends to submit new legislation tailored to facilitate the tracking and freezing of crypto used to fund the weapons programs of North Korea. A bill has been drafted after extended consultations between ministries with the…

Report: Huawei’s Kirin Chip May Have Been Accelerated by Bitcoin Mining Orders

A recent report by The Miner Mag suggests bitcoin mining orders might have sped up Huawei’s development of its new Kirin smartphone chip. The chip, which powers Huawei’s new Mate 60 Pro smartphone, was produced by China’s…

G20 Nations Actively Discussing Crypto Framework, Says Indian Finance Minister

The G20 countries are actively discussing a global framework for crypto assets under India’s presidency, Finance Minister Nirmala Sitharaman has revealed. “India’s presidency has put on the table key issues related to regulating or…

Shark Tank Star Kevin O’Leary Warns of Emerging Financial Crisis, Bank Failures

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has sounded the alarm about an impending financial crisis. “We have a crisis emerging,” he warned, emphasizing that small business owners will be “cut off at the regional bank level.” He

Singapore Elects President Who Advocates ‘One Regulatory System’ for Crypto and Traditional Finance

Tharman Shanmugaratnam, the former deputy prime minister and central bank chairman of Singapore, has been elected as the new president of the country. The Singaporean president-elect, who advocates for a single regulatory system for both crypto and…

Report Reveals 88,200 Millionaires Built Wealth Through Cryptocurrency

A study by Henley & Partners, an investment migration consultancy in London, reveals an interesting insight: of the world’s 56.1 million millionaires, a notable 88,200 have earned their fortunes in cryptocurrency. Crypto’s Elite: How…

Decoding the Dominance: A Deep Dive into Ethereum and Tron’s Tether Wallets

Although bitcoin and ethereum dominate the crypto realm in terms of market capitalization, tether (USDT) stands out as the third-largest digital currency by market valuation. Notably, while USDT operates on multiple blockchains, Ethereum and Tron…

SmarDex (SDEX): Pioneering New Pathways in DeFi, Strides Towards a Deflationary Token Model, Forging Ahead on ARB, Matic, and BNB Chains

Introduction: Should one venture into the expansive realm of decentralized finance, they may undoubtedly discern a conspicuous and dynamic force creating substantial ripples: SmarDex ($SDEX). This entity does not merely constitute an additional…

Visa Expands Stablecoin Settlement to Solana and Merchant Acquirers

Visa is taking a step in advancing digital currency adoption by expanding its stablecoin settlement capabilities to the Solana blockchain network. The payments giant also announced new pilot programs with merchant acquirers Worldpay and Nuvei to…