Largest Bitcoin mining firm sold 63% of mined BTC in May
Marathon Digital sold a large chunk of its Bitcoin production in May as miners adjusted operations after the halving event.
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Spot Ether ETF approvals will ‘take some time’ — Gary Gensler
The SEC Chair spoke on CNBC on June 5, suggesting the commission could delay approving S-1 registration statements for exchanges listing spot Ether ETFs.
Become a Bali crypto digital nomad like me: Here’s how
Since the start of the year, I’ve been living in a cheap island paradise as a Bali crypto digital nomad. Here’s how you can too.
63 US banks on the brink of insolvency: Why Bitcoin’s next target is $100K
Bitcoin price may be closer to the big milestone $100,000 mark than many realize, as a looming banking crisis could see BTC become the new “safe haven asset.”
Former OpenAI researcher foresees AGI reality in 2027
Former OpenAI researcher Leopold Aschenbrenner is confident that an AI lab will be able to train a GPT-4-level model in a minute in 2027, versus three months in 2023.
CBDC privacy concerns and ‘lack of purpose’ stall progress: 4 out of 167 live
Government interest in CBDCS was a knee-jerk reaction to the popularity of crypto and the rise of private stablecoins.
M^0 secures $35M Series A round for stablecoin issuance network
As part of the fundraising, M^0 has deployed its core protocol and on-chain governance mechanism on the Ethereum mainnet.
Switzerland takes a ‘tech neutral’ approach to AI regulations
As the world races to regulate high-level AI systems, Switzerland is taking a more “tech natural” approach focusing on sector-based use cases, while still having a major voice on the global stage.
Vitalik Buterin slams celebrity memecoins
Buterin responded to a post about Iggy Azalea’s Mother Iggy token potentially leading the celebrity crypto trend toward sustainable value creation.
UK tribunal starts hearing $9B BSV delisting case
According to plaintiffs, the six exchanges, which delisted Bitcoin SV in 2019, owe BSV holders $9 billion for missed opportunities.
UAE central bank approves licensing system for stablecoins
KARM Legal Consultants founder Kokila Alagh said that the regulations clarify the issuance, licensing and supervision of AED-backed payment tokens.
Private firms to join global central bank CBDC project
As Project mBridge enters its MVP phase, the BIS is inviting private sector firms to propose new solutions and use cases to further develop and showcase the platform’s potential.
Tether CEO warns of new wave crypto airdrop scam emails, CoinGecko potentially affected
Cryptocurrency users should exercise extreme caution when handling crypto airdrop-related emails received in the past 24 hours, according to Tether’s CEO.
Tether announces strategic investment and launch of XAU1 stablecoin
Tether invests $18.75 million in XREX Group and launches XAU1 stablecoin to enhance cross-border B2B payments and regulatory technology.
Tezos Paris upgrade: Faster L2 transactions, lower Fees
Tezos’ 16th upgrade is now live on the mainnet, reducing block finality times to just 10 seconds. This improvement aims to enhance layer-2 scalability in the future.
Bitget boosts security with Sumsub’s deepfake AI detection
Sumsub’s AI-powered deepfake detection and fraud prevention will go a long way toward ensuring both companies meet high security standards.
Bitcoin halving impacts miner Riot’s revenue by 43% despite new facility
To keep up with the declining Bitcoin rewards, Riot Platforms opened a new mining facility near Corsicana, Texas.
Bitcoin price at $72K is the ‘fuse’ to reach new ATH — Analyst
Bitcoin price above $72,000 would liquidate $800 million worth of leveraged shorts, making it a significant resistance level for BTC.
Japanese crypto exchange raises $320M to recover funds after major hack
DMM Bitcoin aims to compensate users for a $320 million loss following a major hack by raising equivalent funds.
Bitcoin ETFs worldwide in focus as BTC price passes $71K
BTC price action reaches two-week highs as Bitcoin ETFs see a fresh surge of interest in the U.S. while other jurisdictions prepare to follow suit.
BlackRock and Citadel back new Texas national stock exchange
The Texas Stock Exchange reportedly secured around $120 million in funding and is prioritizing ETF listings. It also aims to offer a more competitive alternative to the two major U.S. stock exchanges.
What is an algorithm of thoughts (AoT)?
Demystify the algorithm of thoughts (AoT), an AI innovation transforming how computers reason and solve problems.
Bitcoin may hit new high if US employment, inflation slows
Bitcoin could hit new highs in a matter of days if it holds strong amid three-year low job openings and possible slowing inflation in the U.S., says crypto researcher Markus Thielen.
US political change could expose crypto to $20T industry: Bitwise
Regulatory uncertainty is holding back the $20 trillion dollar financial advisory industry from investing more in crypto, claims Bitwise investment head Matt Hougan.
Bears rekt: Bitcoin ETFs see runner-up record day with $887M inflows
Fidelity’s Bitcoin fund led the pack with $378.7 million in net inflows on the U.S. spot Bitcoin ETFs second-highest joint net inflow day, according to preliminary data.
Bitcoin ‘coiling’ up for a huge move as it hovers around $71K
Bitcoin’s average price across 5-day, 30-day, and 50-day periods are almost the same, indicating low volatility and raising the chances of a price breakout in either direction.
Germans split on digital euro, most don’t know what it is: Survey
Most Germans have never heard of the digital euro and some who knew of it thought it was a cryptocurrency, a central bank survey found.
Politicians urge Biden to bring back Binance exec from Nigeria
The U.S. politicians have accused Nigeria’s government of charging Gambaryan, a Binance compliance officer and former federal agent, with “baseless” crimes.
Fidelity exec says most investors should have some Bitcoin allocation
The head of digital asset strategies at Fidelity Bank explained that most investors should have positions in Bitcoin regardless of their market thesis.
SEC to close regional office after judge dismisses DEBT box case
A judge ordered the U.S. Securities and Exchange Commission to pay $1.8 million following “bad faith conduct” over a temporary restraining order to freeze DEBT Box’s assets.