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Crypto user fat fingers $90K fee for a $2K ETH transfer

August 12, 2024 by

An anonymous user appears to have accidentally spent 34 ETH to transfer a little more than $2,200 in ETH.

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Venezuela blocks Binance, X amid presidential election dispute

August 12, 2024 by

Binance has assured its users that their funds are safe after Venezuela cut off access to the exchange and social media platform X.

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BOJ ex-board member says another rate hike unlikely this year

August 12, 2024 by

The Bank of Japan is unlikely to raise interest rates again for the rest of the year, but it’ll be a “toss up” whether there will be another before March.

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Expect Bitcoin ETF options to launch before 2025

August 11, 2024 by

You can expect Bitcoin ETF options to begin trading in the United States before 2025.

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Half of the 10 most valuable companies on Earth are making metaverse hardware

August 11, 2024 by

The metaverse is dead, long live the metaverse.

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Traders hope $60K Bitcoin price boosts momentum in ETH, SUI, TAO and NOT

August 11, 2024 by

Bitcoin bulls are trying to flip $60,000 to support, and if that happens, ETH, SUI, TAO and NOT could move higher.

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OpenAI fears people will forms bonds with the AI it developed to fool humans

August 11, 2024 by

The warning shows that developers are aware that anthropomorphization is a legitimate concern in the AI industry.

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Quantum computers are advancing much faster than scientists expected

August 11, 2024 by

Breakthroughs in scalability, error-correction, and infrastructure have led to an accelerated timeline for quantum advantage.

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Bitcoin metric calls 'local bottom' as traders eye sub-$60K BTC price

August 11, 2024 by

BTC price expectations demand a trip below $60,000 before upside continuation, but a market top and bottom metric says the worst is over.

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4 years in, MicroStrategy’s Bitcoin gamble beats Warren Buffett’s warning

August 11, 2024 by

MicroStrategy’s stock value is up by 1,000% since its first Bitcoin purchase, while Warren Buffett and Berkshire Hathaway have missed the boat.

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Hong Kong to enhance digital asset regulation in 18 months

August 11, 2024 by

By establishing a comprehensive regulatory framework, the city aims to attract global fintech talent, foster innovation, and ensure the security and integrity of digital asset transactions.

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Tornado Cash dev Alexey Pertsev seeks more funding for legal appeal

August 11, 2024 by

Pertsev’s case is a pivotal moment for the crypto community and advocates of digital privacy.

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African Union greenlights AI adoption across member states

August 11, 2024 by

The strategy aims to fast-track AI development and adoption in Africa, driving innovation and growth that aligns with Nigeria’s digital transformation goals.

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BitGo set to transition Wrapped Bitcoin business to multi-jurisdictional custody

August 11, 2024 by

BitGo claims the move of its Wrapped Bitcoin business will make it the world’s first “multi-jurisdictional and multi-institutional custody.”

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Morgan Stanley’s Bitcoin ETF push a 'death wish,' says former SEC official

August 11, 2024 by

Former United States Securities and Exchange Commission official John Reed Stark warns that Morgan Stanley’s Bitcoin ETF pitch could burden its compliance department.

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XRP surges after Ripple ‘victory,’ Trump Jr. crypto platform plans, and more: Hodler’s Digest, Aug. 4-10

August 10, 2024 by

XRP surged 26% after Ripple scores a ‘victory,’ Donald Trump Jr. reveals plans to launch crypto platform: Hodler’s Digest

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IBM’s new ‘Lightweight Engine’ could be a game changer for fintech

August 10, 2024 by

JP Morgan just rolled out ChatGPT to 60,000 employees, demonstrating the demand for generative AI in the financial services sector.

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Celsius sues Tether seeking $3.5B over Bitcoin collateral selloff

August 10, 2024 by

The assets in question were evidently given to Tether as collateral.

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Apple used Google’s chips to train its AI — where does that leave Nvidia?

August 10, 2024 by

Nvidia’s shrinking market cap could signal a shift in the generative AI developer’s market.

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Nigerian crypto community supports activist’s fight for rights

August 10, 2024 by

As the case progresses, the community’s backing will be crucial in maintaining momentum and advocating for a more favorable regulatory environment.

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Harris campaign’s alleged crypto reset questioned amid Fed's bank action

August 10, 2024 by

Critics argue that the Fed’s actions represent a significant overreach and could stifle innovation in the rapidly growing cryptocurrency sector.

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Gemini urges CFTC to withdraw proposed rule on event contracts

August 10, 2024 by

Gemini co-founder Cameron Winklevoss believes that cryptocurrency prediction platforms offer a level of integrity that other platforms can’t match.

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SEC and Ideanomics settle in fraudulent $40M crypto revenue reporting

August 10, 2024 by

The Ideanomics case exemplifies the potential consequences of misleading financial practices and reinforces the need for rigorous compliance with federal securities laws.

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VC firms are slowing down crypto investments for a 'nuanced reason' — Venture Capitalist

August 10, 2024 by

Adam Cochran highlighted that crypto funding has slowed as venture capitalists prefer to focus on “breakout trends” rather than “moonshots.”

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Bitcoin bull-bear cycle indicator flips bullish as price holds $60K

August 10, 2024 by

The Bitcoin bull-bear market indicator has turned green once more after Bitcoin’s drop below $50,000 triggered its first bearish signal since January 2023.

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AI offerings are a bad joke, and investors aren't laughing

August 9, 2024 by

Neither OpenAI nor other tech giants have produced systems capable of doing much, but that hasn’t stopped them from pushing for massive new investments.

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IRS updates draft of crypto reporting form for US taxpayers

August 9, 2024 by

The latest draft form eliminated asking US taxpayers the time of day a crypto transaction occurred and identifying the “broker type.”

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Anthropic launches $15K jailbreak bounty program for its unreleased next-gen AI

August 9, 2024 by

The program will be open to a limited number of participants initially but will expand at a later date.

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Crypto Biz: Massive inflows to exchanges amid market turbulence

August 9, 2024 by

This week’s Crypto Biz examines Hong Kong’s crypto ETF market, Morgan Stanley’s green light for Bitcoin funds, Xapo Bank license in the UK, and Core Scientific’s billionaire deal with CoreWeave.

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Increasing Ethereum network use strengthens the case for ETH price rally to $3K

August 9, 2024 by

Surging Ethereum network activity and growing adoption of layer-2 scaling solutions pave the way for an ETH price rally to $3,000.

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