Bitcoin Enthusiast Francis Suarez Quits Presidential Race
US presidential candidate Francis Suarez, known for his skepticism towards CBDC and support for Bitcoin, announced he’s dropping out of the presidential race.
Japan Grants EOS Token Whitelist Approval for Yen Trading
The EOS Network Foundation (ENF) confirmed that trading will commence in September on the BitTrade exchange.
Iris Energy Buys $10M Worth of Nvidia GPUs for AI Projects
Iris Energy, a clean energy Bitcoin mining firm, has invested $10 million in Nvidia graphics processing units (GPUs) to power its generative AI projects.
AI-Powered Botnets Dupe Crypto Users on X
ChatGPT, known for its diverse technological solutions spanning web search, content creation, office efficiency, and education, has taken a dark turn. This seemingly harmless AI chatbot is now being manipulated by fraudsters on social networks to promote crypto scams.
Bitcoin’s Dormant Supply Peaks, Reflecting Optimism
Bitfinex’s recent report reveals that 40% of Bitcoin’s supply has remained untouched for over three years, marking an all-time high.
SEC’s Sealed Docs in Binance Case Hint at Criminal Probe
The U.S. Securities and Exchange Commission (SEC) has requested the court’s permission to file documents under seal in its case against Binance, Binance.US, and its CEO, Changpeng “CZ” Zhao.
Grayscale Faces Shareholder Lawsuit
Shareholders of Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE) are suing Grayscale. They aim to force Grayscale to allow cryptocurrency redemptions from its trusts and repay “exorbitant” management fees.
Mike Parisella’s Crusade Against Worthless NFTs
Mike Parisella, a digital artist known as @slimesunday in the NFT community, has noticed a surge of low-quality NFTs flooding the market. His aim? To revive the original spirit of digital artistic expression.
Controversy surrounds the SEC’s NFT policy
The SEC’s stance toward Impact Theory has elicited a negative reaction from the crypto sphere.
Arthur Hayes on the Fed’s Dilemma and Crypto: Kite or Board
In his latest essay, “Kite or Board”, Arthur Hayes, the co-founder and former CEO of BitMEX, draws an intriguing comparison between his personal kite surfing experiences and the ongoing monetary policies of the US Federal Reserve.
AI in Journalism: Content Farms Eclipsing Traditional Media
Artificial intelligence swiftly scans reputable sources and produces reworded versions of the content in nearly real-time. According to researchers at NewsGuard, these rewritten articles are being disseminated across hundreds, if not thousands, of online platforms.
SEC Charges Podcasting Studio
The Commission has taken its first enforcement action involving an NFT project by charging a Los Angeles-based podcasting studio, Impact Theory, for conducting an unregistered offering of crypto asset securities.
Bitcoin laundering suspicions arise over old wallet activity
A Bitcoin wallet, stagnant since 2018 with a hefty 10,000 bitcoins (approximately $260 million), recently caught the attention of blockchain researcher ZachXBT. It’s now moving these assets through certain cryptocurrency mixers, raising eyebrows.
Bitcoin tops the charts on TikTok’s cryptocurrency scene
It seems Bitcoin is the crypto darling of TikTok, claiming 5 million hashtag mentions and an eye-catching 28 billion views, CoinGecko’s stats reveal.
Ripple and Western Union Engage in Joint Project Testing
Ripple, recognized for its distinct digital payment protocol and cryptocurrency XRP, has forged a partnership with Western Union, the premier money transfer service that operates in over 200 countries.
Balancer’s V2 Pools Hit by Exploit Despite Warnings
Decentralized exchange Balancer confirmed an exploit a week after disclosing a critical vulnerability in some of its V2 pools.
South Korea Tightens Crypto Regulations with New Reserve Rule
Starting September, South Korean crypto exchanges must set aside at least 3 billion won ($2.3 million) in bank reserves. The reserves are meant to cover potential damages to users in case of a risk event.
Blackrock invested in 4 out of the 5 largest mining companies
In a noteworthy move on June 30, 2023, Blackrock acquired shares of Riot Blockchain, Marathon Digital Holdings, Cipher Mining, and TeraWulf all within a single day.
Ronaldinho Could Face Detention in Crypto Fraud Case
Brazilian soccer legend was reportedly absent from a Congress hearing related to a pyramid scheme inquiry linked to his company due to flight cancellations caused by bad weather.
Clubhouse 2.0?
Yesterday, transactions on friend.tech totaled $883,000, marking a 94.8% decrease compared to August 21.
Ethereum draws investment from an adult platform
A financial report from the adult content giant, OnlyFans, has brought to light a significant foray into Ethereum, with the company directing $19.8 million of its funds towards this cryptocurrency.
ChatGPT and Political Bias
Is ChatGPT as unbiased and objective as users are led to believe? Researchers from the UK and Brazil suggest that the chatbot leans towards the left in its political views, favoring the US Democrats and President Lula da Silva in Brazil.
WhiteBIT and Blocksport Unite Crypto and Sports Fans
Europe’s leading crypto exchange, WhiteBIT, is teaming up with the Swiss-Ukrainian sports tech agency, Blocksport. Get ready for an exciting convergence: where the worlds of crypto and sports meet like never before!
New Crypto Tax Legislation in the US
The US Treasury Department and the IRS have presented a draft of regulations aimed at streamlining tax reporting for cryptocurrency brokers.
FTX and BlockFi Customer Data Compromised!
The breach originated from the Kroll platform, which manages creditor claims on behalf of bankrupt companies.
Opinion
MORE
Who Is Crypto Kaleo: A Market Analyst with 700,000 Followers
Crypto Kaleo is a renowned crypto trader and one of the most followed influencers in the industry. Active since 2017, he has built a strong presence on X, TradingView, and other platforms, sharing technical analysis, market predictions, and insightful commentary on the crypto space.
Investigation
MORE
Zora Network Reviewed: A Testnet Guide
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.