Posts published on July 18, 2024 go to media archive 2/5
OpenAI launches new super-efficient, low-latency ‘GPT-4o mini’
The new model purportedly offers comparable performance at a fraction of the cost.
Spot Ethereum ETFs are coming, but ETH derivatives markets are flat
Ether futures show little confidence in the chance of ETH breaking above $4,000 in the near term.
Animoca, Standard Chartered team up in HKMA stablecoin sandbox
The Hong Kong Monetary Authority has selected three parties for assessment in its stablecoin issuers sandbox.
Crypto Super PAC spends $1.3M on media buy for Arizona Democrat
The Protect Progress political action committee has been behind media buys for candidates in many congressional races across the United States.
Italy's Top Banks Participate in €25M Digital Bond Issuance on Polygon in ECB Trial
Global lenders and asset managers are increasingly exploring blockchain tech to issue and transfer traditional financial instruments, also known as tokenization of real-world assets.
Venezuelan Crime Organization Tren De Aragua Gets Sanctioned by OFAC on Crypto Money Laundering Allegations
Tren de Aragua (Aragua’s Train), a criminal gang with Venezuelan origins, has been sanctioned by OFAC as a transnational organization engaging in kidnapping, human trafficking, extortion, and other illegal behavior. The U.S. Department of the…
New ‘overlay attacks’ are a growing threat to crypto users — security CEO
The attackers are creating fake overlays to trick users into providing login credentials for financial services apps, including potentially for crypto exchanges.
Li.Fi releases incident report following $11M hack
The team also announced it was working on a voluntary compensation plan to reimburse 100% of funds to users affected by the exploit.
Li.Fi releases incident report following $11M hack
The team also announced it was working on a voluntary compensation plan to reimburse 100% of funds to users affected by the exploit.
Dogwifhat (WIF) hits new monthly high after 40% price rally
WIF rallies to a monthly high after a 7-day bull run added 40% to the memecoins’ value.
Billions Worth Of Bitcoin Pulled From Exchanges: Is BTC Preparing For $72,000?
Bitcoin is steady when writing, floating above immediate support levels and inches away from reclaiming the all-important local liquidation line at around $66,000. Even as the broader crypto community expects buyers to step in and push prices…
President Bukele Eliminates Basic Food Products’ Import Duties for a Decade In El Salvador
President Nayib Bukele has announced a new measure in his battle against speculation and price gouging in El Salvador, eliminating import duties for certain basic foods and supplies for a decade. While some of these products did not pay duties due…
WazirX Exchange Releases Post-Mortem Report: Was North Korea Behind The $235M Exploit?
Indian-based cryptocurrency exchange WazirX recently fell victim to a significant security breach, resulting in the unauthorized transfer of over $230 million of assets. The incident led to the temporary suspension of withdrawals as the exchange…
Bitcoin Mining Is So Back (Except It's AI Now)
Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It's paying off, at least in their stock prices.
Bitcoin traders expect a ‘push higher’ after several metrics turn bullish
Bitcoin’s price has cooled off from its recent highs, but analysts still anticipate a “push higher” as multiple BTC metrics flash bullish.
Indian Crypto Exchange Wazirx Updates on Major Multisig Wallet Hack
Indian cryptocurrency exchange Wazirx has provided an update on the over $230 million security breach in its multisig wallet, which involved Liminal’s custody services. The exchange detailed the incident and ongoing recovery efforts…
Jack Dorsey’s Block to shutter UK operations for Cash App
The app, one of the products of payments firm Block, has been operating in the United Kingdom since 2018.
SkyBridge's Anthony Scaramucci on Donald Trump, Gary Gensler and Bad Press
CoinDesk's Jennifer Sanasie interviewed SkyBridge Capital founder Anthony Scaramucci for CoinDesk TV's "Spotlight Series." Here is the full transcript of the interview.
MOVR Bulls Assemble: Crypto Analyst Says A 2,000% Surge To $234 Is Imminent
Moonriver (MOVR) has managed to slip into the background after an incredible run in 2021. The price of the coin crossed $490 at the time, but has since fallen more than 90% from its all-time high since then. After an extended bear period, it is…
Bitcoin Open-Source Development Takes The Stage In Nashville
Caught up in the storm of price action and US politics, it’s easy to forget the Bitcoin technology landscape had its own breakout earlier this year. Now that things have cooled off over the summer, next week’s Open-Source Stage at Bitcoin Nashville…
21Shares launches Injective ETP with staking on Euronext
INJ takes a spot among the largest cryptos with a financial product exposing it to traditional investors.
TON Foundation to Launch Bitcoin Bridge on The Open Network
The TON Foundation has announced the upcoming launch of TON Teleport BTC, a bridge designed to facilitate trustless and secure transfers of bitcoin to and from The Open Network (TON). This initiative aims to expand bitcoin’s utility by…
Outlier Ventures, Morgan Creek Digital launch Web3 Latam accelerator program
The selected teams will receive investment funding and mentorship. The 12-week virtual program includes support in English, Spanish, and Portuguese.
Meta won’t launch new AI products in EU, citing ‘regulatory uncertainty’
The door is now wide open for Google and Microsoft to gain first movers' advantage over the entire continent.
BtcTurk CEO steps down from one of Turkey’s biggest crypto exchanges
Ozgur Guneri spent seven years as the head of the popular Turkish crypto exchange. He will remain with the company as a director.
Potential Trump victory and rising global liquidy may benefit crypto, analyst says
Macroeconomist Lyn Alden assesses the impact of the 2024 US presidential election outcome on Bitcoin and the broader crypto industry.
Bitcoin Slumps Towards $63K as Speculation About Biden Dropout Intensifies
As the odds for Joe Biden pulling out of the presidential race soared over the past day, the chances of a victory for the now crypto-friendly Donald Trump slumped.
In Defense of Bitcoin Culture
The original article this piece is responding to: Reflections on Bitcoin Culture. Bitcoin changes our lives.It’s an almost spiritual observation that we’ve all seen within ourselves. After acquiring some, learning how it works, and to various…