Judge grants Hermès request to halt all 'MetaBirkin' NFT sales
The MetaBirkin creator argued that his project was protected under the first amendment as artistic expression, however that defense ultimately fell short.
Posts published on June 24, 2023 go to media archive
What is De-Dollarization? Exploring the Shift Away From the US Dollar’s Global Dominance
From the latter half of 2022 and continuing into 2023, the concept of de-dollarization has gained significant traction, making its mark on the mainstream media. This surge in attention can be attributed to the concerted efforts of BRICS countries…
US Treasury Secretary Defends Dollar Dominance as Emerging Markets Push to De-Dollarize
U.S. Treasury Secretary Janet Yellen has defended the dominance of the U.S. dollar amid rising efforts by emerging countries to de-dollarize. Brazilian President Luiz Inácio Lula da Silva, in particular, is set to raise the issue of…
$794K SIM swap hacker PlugwalkJoe sentenced to five years in prison
The hacker managed to steal $794,000 worth of crypto from an exchange via a SIM swap attack on an exec, but ultimately he didn’t cover his tracks well.
Robert Kiyosaki Shares Simple Way to Tell if Economy Is in Recession
Binance’s ‘Provocative’ Motion Against SEC Could Expedite Criminal Charges, Warns Former SEC Official
The U.S. Securities and Exchange Commission (SEC)’s former head of internet enforcement has warned that Binance’s recent motion accusing the regulator of ethical violations could expedite criminal charges against the crypto exchange…
Venezuela to Integrate Russian Mir Payments System in De-Dollarization Push
The government of Venezuela has announced that it is currently working to integrate Mir, a Russian electronic card and transfer payments system. President Nicolas Maduro backed this integration, stating that this move is part of a de-dollarization…
Bitcoin’s ‘Great Accumulation,’ Binance.US resumes fiat withdrawals, and other news: Hodler’s Digest, June 18-24
Bitcoin’s “Great Accumulation” period has begun, Binance.US withdrawals resume, and the U.K. prepares for its upcoming crypto regulation.
Tokenized FTX claim is used as collateral for a loan
A creditor of now-bankrupted crypto exchange FTX pledged a $31,307 claim as collateral for a DeFi loan.
Momentum: Why The Bitcoin Train Is Ready To Leave The Station
The latest Bitcoin price action has pushed momentum into the positive on just about every timeframe that matters: From today the daily through the monthly. If these signals confirm with a June monthly close, the train might have officially left the…
Record High Credit Card Debt: 55% of Americans Concerned About Repayment as Inflation Pushes Consumers to Credit Reliance
Ether price eyes $3K as exchanges’ ETH balances drop to an all-time low
On-chain data and ETH price charts are beginning to hint at a possible rally to $3,000.
Bored Ape Yacht Club’s Market Reign Crumbles as Rivals Take Center Stage
The Bored Ape Yacht Club (BAYC), a prominent non-fungible token (NFT) collection, has been experiencing a decline in its dominance. In the past 90 days, the minimum value of BAYC NFTs has plummeted from 64 ETH to just above 37 ETH. Furthermore, the…
Crypto trading is an important part of the virtual asset ecosystem, says Hong Kong's SFC chief
According to the CEO of Hong Kong's Securities and Futures Commission, Julia Leung Fung-yee, incorporating virtual assets into the regulatory system was crucial after FTX bankruptcy.
$30K to $50K — 6 AI-Powered Chatbots Attempt to Predict Bitcoin’s Price by the Year’s End
With bitcoin price up more than 15% against the U.S. dollar, people are more bullish about the leading crypto asset’s market performance. Two weeks ago, Bitcoin.com News asked several AI-powered chatbots whether they believe bitcoin will…
Bitcoin, Ethereum Technical Analysis: BTC Reaches 1-Year High Above $31,000 to Enter the Weekend
Bitcoin jumped to a one-year high to start the weekend, as the token climbed above $31,000 late on Friday night. After starting the month mostly in the red, prices have strongly rebounded this past week, rising by as much as 15%. Additionally…
BUSD Market Cap Plunge Of 80% In 2023 Raises Concerns Of Impending Collapse
The fate of Binance USD (BUSD), the stablecoin introduced by Binance, hangs in the balance as its market capitalization has experienced a significant decline of over 80% in 2023. From November 2022 to June of the current year, BUSD’s market…
Aussie Crypto Scammers Charged in $5.5 Million Fraud Case, $600K Ferrari Among Seized Luxury Vehicles
Authorities in Australia have charged two individuals accused of operating a cryptocurrency scam that defrauded two companies of $5.5 million. Luxury vehicles worth $2.7 million including a $600,000 Ferrari have been seized by law enforcement…
Is Bitcoin Evolving Beyond Its Use As A Store Of Value?
This is an opinion editorial by Paolo Tasca, a professor, economist and founder of the University College London’s Centre For Blockchain Technologies and the Distributed Ledger Technology Science Foundation.Bitcoin has held its place as the…
Bitget Celebrates Messi’s Birthday with Graffiti Wall in His Hometown
PRESS RELEASE. VICTORIA, Seychelles, June 24, 2023 — Bitget, top crypto derivatives and copy trading platform, is honoring its official partner and soccer legend Lionel Messi’s birthday on June 24 in a unique and artistic manner. As a gesture…
FTX Seeks to Claw Back $700M in Lawsuit Over Alleged Funds Misappropriation and Influence-Building Scheme
According to a lawsuit filed this week with the U.S. Bankruptcy Court for the District of Delaware, FTX lawyers are seeking to claw back $700 million from K5 Global Technology, its subsidiaries, and the firm’s founders. The attorneys allege…
Shiba Inu Burn Twitter account experiences suspension
The account holders expressed in their tweet that the Developer Portal indicates a violation of Twitter Rules and policies by their app.
5 AI tools for translation
Explore AI translation tools, their features, benefits and pricing models to find the right solution for your translation needs.
Winklevoss Twins Rail Against US SEC’s Anti-Crypto Stance: ‘It Does Not Feel Like America, It Feels Like Venezuela’
The Winklevoss twins, founders of Gemini, a U.S.-based cryptocurrency exchange, have criticized the U.S. Securities and Exchange Commission (SEC) for its perceived anti-crypto stance and recent enforcement actions. In a recent interview, the…
Litecoin (LTC) Bulls Charge Past $91 Following 20% Rally
Litecoin (LTC) has recently witnessed an impressive three-day bullish streak, sparking excitement among investors as its price surged past the $91 level. The cryptocurrency’s remarkable performance during this period has been celebrated by…
Trader takes $4M short position on TrueUSD as issuer halts mints and redemptions
An Ethereum user used Aave’s v2 lending platform by depositing 7.5 million USDC as collateral.
Over 100,000 Compromised Chatgpt Accounts Discovered on Darknet Markets
Cybersecurity researchers have found tens of thousands of devices storing Chatgpt credentials that have been infected with info-stealing malware. The account details have ended up being sold on the dark web, they said, pointing out that the…
Mainstream media challenge decision to protect FTX customers: Report
Legal representatives of the media outlets have reportedly argued that FTX is not entitled to a “novel and sweeping exception” just because its customers used cryptocurrency.