Hong Kong issues generative AI guidelines for consumer protection
The HKMA has introduced new principles for using generative AI, emphasizing governance, transparency and data protection in consumer-facing applications.
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Most Trending Sports, Cryptos and Bonuses in 2024 With 1xBit
PRESS RELEASE. 1xBit, an online gambling website, welcomes all crypto users and gambling fans to multiply their winnings in 2024. In August we have a lot of exciting events to look forward to: the finals of the eSports World Cup, the start of the…
Solana (SOL) Continues Sideways Move As Outflows Record $39 Million
Solana (SOL) has recovered 30% of its price since the Black Monday crash, hovering between the $155-$140 range. Recent reports revealed the Solana-based investment products were among the largest losers last week after registering over $30 million…
Bitcoin Pops Over $61K, XRP Leads Gains Among Majors
Some traders expect market movements nearer to Friday when Federal Reserve chair Jerome Powell is scheduled to speak at the Jackson Hole symposium.
Bitcoin Price Could Surge 200% To Cross $100,000 If This Happens
A crypto analyst has predicted that Bitcoin (BTC), the world’s largest cryptocurrency could see its price surging as high as $100,000, representing a 200% increase from its current value. However, the analyst noted that this bullish projection…
Ether hits $2.6K as metrics suggest it’s in 'late stages’ of correction
Rising Open Interest of Ether and a “positive” taker-buy sell ratio has a crypto analyst optimistic that Ether’s lengthy correction is nearing its end.
Mango Markets DAO mulls offering settlement with SEC
The proposed settlement involves Mango DAO neither admitting nor denying wrongdoing and paying a $223,228 fine.
Unknown crypto whale has been scooping up WBTC amid controversy
According to Lookonchain, an unknown wallet address has accumulated more than $118 million worth of Wrapped Bitcoin in the last week.
Crypto super PAC Fairshake just lost a billionaire Dem donor: Report
Top Democratic Party donor Ron Conway has split from pro-crypto Fairshake PAC after it pledged to back a Republican candidate without his knowledge.
Malicious ‘bull checker’ chrome extension found targeting Solana users
Decentralized exchange aggregator Jupiter has alerted users of a malicious browser extension that apparently managed to sneak through Solana’s drainer checks.
Ethereum Transaction Costs Hit Historic Lows: What Does This Mean For ETH?
According to recent insights from a CryptoQuant analyst, Ethereum’s daily mean gas price has reached an all-time low, falling to roughly 2.9 Gwei. This decline in gas prices correlates with a significant drop in daily transaction fees, which…
Judge denies SEC attempt to hamper Tron’s defense amid dismissal ploy
Justin Sun and his associated companies are “not challenging the ‘common enterprise’ element of the Howey test,” ruled the New York District Judge.
Bank of Ghana Unveils Proposed Virtual Asset Regulations
The Bank of Ghana has released draft regulations aimed at creating a framework for the cryptocurrency industry. The rules are designed to protect consumers, prevent financial crimes, and encourage financial inclusion. Virtual asset service…
Analysts optimistic as liquidity ticks and Bitcoin ‘forced selling’ is over
Bitcoin’s major sell-offs are over and now analysts see the US election and global liquidity as the next big drivers for Bitcoin.
Bitcoin Holders Now Doing Loss-Taking: Sign That A Turnaround Is Near?
On-chain data shows that Bitcoin investors have ended their net profit-taking spree recently, a potential sign that a price reversal could occur soon. Bitcoin Daily Realized Profit Loss Ratio Has Dipped Below 1 Recently As explained by CryptoQuant…
Debate shifts negative as Solana memecoin trading volume dips
A Messari data engineer has called it the “most extractive crypto phenomenon” since the ICO boom, but the jury's still out on that one.
China Supreme Court revises Anti-Money Laundering law to include ‘virtual assets’
Supreme People’s Procuratorate said there has been a 20-fold increase in people prosecuted for money laundering since 2019.
Seychelles Approves Bill on Virtual Asset Regulation
The Seychelles National Assembly has approved a draft bill to regulate virtual asset service providers (VASPs). The bill requires license-seeking VASPs to establish a substantial presence in Seychelles, such as having a resident director and an…
Over 80% of Short-Term Bitcoin Holders Underwater — What This Means For BTC
Bitcoin (BTC) is currently in red regarding price performance, dragging the rest of the crypto market along with it. Amid the continuous bearish price action, the latest data has revealed that Bitcoin short-term holders now face losses compared to…
Shaquille O’Neal may still be in hot water over Astral NFTs, says judge
A Miami judge didn’t dismiss a claim that basketball legend Shaquille O’Neal was a “seller” of Astrals NFTs and found they could be securities under US law.
Kamala Harris’s Alleged ‘Crypto Reset’ Absent in Democratic Agenda
While the Republican platform addresses the issue of cryptocurrency and bitcoin, the Democratic Party’s latest platform remained silent on the matter. Adding to the buzz, there are whispers that Kamala Harris’s campaign might be eyeing Gary…
Monday’s Crypto Leaderboard: BNB And XRP Surge Past Market Leaders
In a significant development, two of the top 10 cryptocurrencies on the market, Binance Coin (BNB) and XRP, have emerged as the outperformers this Monday, overshadowing the gains of industry leaders Bitcoin (BTC) and Ethereum (ETH). XRP Price…
Solana's Former Top Decentralized Crypto Exchange Faces SEC Securities Violations
Mango Markets' governing body is looking to offer a settlement to the SEC.
Top Democratic Donor Leaves Crypto Super PAC
Ron Conway disagrees with spending $12 million to defeat Democratic Senator Sherrod Brown.
Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul
The Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) plans to introduce a new tax law to achieve this. Despite being a major crypto market, Nigeria currently receives minimal…
Cardano Down 90% Since September 2021, Did Smart Contracts ‘Kill’ ADA?
At the peak of the 2020 to 2021 bull run, ADA, the native token of Cardano, rose to $3 in August. Interestingly, developers activated smart contracts around the top of this cycle after completing the Alonzo hard fork, ushering in the Goguen phase…
Optimism Finds Vulnerabilities in Fault Proof System, Proposes Upgrade to Patch Them
OP Labs, a software development company focusing on the Optimism ecosystem, has proposed an upgrade for the Optimism rollup called Granite, which comes to fix a series of vulnerabilities in the chain’s fault-proof system. While some…
Ethereum Sees Major Outflow From Mega Whales – ETH Price Drops Below $2,600
The crypto market has been challenging, and Ethereum (ETH), the second-largest cryptocurrency, is no exception. Despite its dominant position, the token has faced significant headwinds in recent weeks, with its price showing no signs of a sustained…
Financial Analysts Estimate Gold Might Reach $3,000 Propped up by Rate Cuts
Several financial analysts predict that gold prices will continue to gain ground, supported by forecasts that the Federal Reserve will cut interest rates later this year. According to Patrick Yip of American Precious Metals, the $3,000 mark could…