Mining service provider faces $100M lawsuit over pyramid scheme allegations in China
Prosecutors alleged that the executives of a Filecoin mining project orchestrated an elaborate pyramid scheme and scammed the participants.
Posts published on August 15, 2023 go to media archive 3/3
Artificial Intelligence Trend is Accelerating With ‘Lion’s Share’ in the U.S.: Morgan Stanley
The banking giant said in a report that around 15% of companies quantified a revenue or cost-benefit from applying machine learning in the first half of the year.
Europe's First Spot Bitcoin ETF Now Listed On Euronext Amsterdam
Over a year after it's initial planned launch, Jacobi Asset Management has now officially launched Europe's first spot Bitcoin Exchange-Traded Fund (ETF) on Euronext Amsterdam.Operating under the ticker BCOIN, the ETF is regulated by the Guernsey…
Your Financial Privacy Is Under Attack: How State-Sponsored Attacks On Bitcoin Are Growing
This is an opinion editorial by Kudzai Kutukwa, a financial inclusion advocate and Mandela Washington fellow.Throughout American economic history, there has been a constant drive toward centralization, as evidenced by the many attempts to establish…
Sei Mainnet is Live After Testnet Sees More Than 7.5M Wallets Created
The trading focused layer 1 blockchain is backed by Jump Crypto and Flow Traders.
Low Bitcoin Volatility Mirrors 2016: A Bullish Breakout On The Horizon?
In today’s micro update from Capriole, founder Charles Edwards presented a compelling analysis that draws parallels between the current low volatility of Bitcoin and its historical behavior in 2016. With Bitcoin’s price stagnating around the…
Singapore's Central Bank Releases Stablecoin Regulatory Framework
Stablecoins must hold minimum base capital 1 million Singapore dollars ($740,000) and provide redemption within no more than five business days of a request.
Stanford School Newspaper Highlights the Irony of Sam Bankman-Fried’s Scheduled Stanford Talk on Ethics Amidst Legal Chaos
Sam Bankman-Fried (SBF), a once towering figure in the crypto world and former FTX CEO, was curiously slated to share his insights on tech ethics with Stanford students this winter. In a thorough examination penned by Theo Baker for the Stanford…
Prime Trust bankruptcy spotted by crypto community months ahead
Months before Prime Trust filed for Chapter 11 bankruptcy, online sleuths in the crypto community were on the case and continue to follow the money.
How to Recover Ethereum From Old GETH Wallets – KeychainX Expert Explains
Recovering an old GETH client can be a daunting task, but with the right hardware, software and information, it is possible. It involves locating the wallet file and cracking the password, using specialized tools such as those developed by the…
First EU spot Bitcoin ETF hits Euronext Amsterdam exchange
The Jacobi Bitcoin ETF is finally going live on the Euronext Amsterdam stock exchange, more than a year after its planned launch.
US Prosecutors Accuse FTX’s Sam Bankman-Fried Of Using $100M To Curry Political Favors
The drama surrounding FTX and founder Sam Bankman-Fried (SBF) continues to unfold almost a year after the crypto exchange collapsed. This time around, prosecutors are coming after the former CEO for allegedly using customer funds to buy the favor…
BTC price won’t hit $100K before 2024 halving — Bitcoin investment exec
Bitcoin halving data will not be reflected in the market for a year or more, says Jesse Myers.
The Secular Investment Case for Bitcoin and Crypto Adoption Remains Intact: Coinbase
The combined effect of expansionary fiscal and monetary policies should support bitcoin long term as a hedge against fiat debasement and profligate spending, the report said.
Libertarian Javier Milei Wins Argentine Primaries: Experts Weigh In on Dollarization as the Peso Fades
Javier Milei, a libertarian politician, won the Argentine primaries with more than 30% of the total vote, causing experts to weigh in on the dollarization plans he has vowed to apply. Milei’s government plan contemplates reducing the…
Europe's First Spot Bitcoin ETF Lists in Amsterdam
Jacobi first won approval for the fund in October 2021 with plans to list it in 2022. However the firm opted to push back its plans due to inopportune circumstances elsewhere in the digital asset market.
Bitcoin Prediction: Crypto Analyst Forecasts New ATH by 2024 – Can It Happen?
On August 14, Kevin Kelly, Co-founder of prominent crypto research firm Delphi Digital provided some interesting insights on Bitcoin and the crypto market in general. According to Kelly, the crypto market moves in consistent cycles, and we are…
Bitcoin Depot Q2 revenue jumps 18% y/y as it plans ATM adds after NASDAQ listing
Bitcoin Depot records $197.5 million in revenue in the second quarter for 2023 spurred on by partnerships with various American retail stores.
New Zealand crypto exchange Dasset enters liquidation
Customers of Auckland-headquartered crypto exchange have been denied access to their funds.
Singapore central bank says three business days is ‘timely transfer’ for stablecoins
Redemptions of MAS-regulated single-currency stablecoins will have a longer grace period of five business days despite some arguing that it should be done in real time.
Mbridge Project Has Observers Worried About Advances of the Digital Yuan
The Mbridge project, a central bank digital currency (CBDC) international payment system, is starting to worry observers. Such a system, when completed, could ostensibly allow the digital yuan to reach more countries in trade settlements, chipping…
What are crypto-backed mortgages, and how do they work?
Crypto-backed mortgages involve using cryptocurrency holdings as collateral to secure loans, offering benefits like access to liquidity without selling assets.
Voyager Sells 1.4 Trillion Shiba Inu, But There’s Good News For SHIB
In a recent revelation, Lookonchain, the on-chain analysis service, reported that Voyager Digital, the now-bankrupt crypto lending platform, has been offloading its crypto assets on Coinbase in recent days. Over the past four days, the defunct…
Dubai lures AI, Web3 enterprises with 90% subsidized commercial licenses
In addition to attracting talent, Dubai has also given out operational licenses to crypto exchanges over the past several months.
Toncoin Solid Climb: Price Spikes By 21% In Surprise Burst
Toncoin (TON) recently saw a remarkable breakthrough, shattering its month-long consolidation phase and providing a glimmer of hope for traders. The coin, which had been confined within a price range of $1.31 to $1.49, broke free from this…
Goldman Sachs Expects Fed to Start Cutting Interest Rates in Q2 Next Year
Goldman Sachs has predicted that the Federal Reserve will start cutting interest rates in the second quarter of next year. The global investment bank’s economists also expect the Fed officials to forego hiking rates at their upcoming meeting…