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Google, Microsoft invest in AI startups as battle for dominance heats up
In an escalating battle for market share in the AI sector, Google and Microsoft have made new strategic startup investments as they vie for dominance. Google invests in Runway The Information reported June 1 that Google had invested in Runway, an AI startup acclaimed for its text-to-video tool, as part of a $100 million funding […] The post Google, Microsoft invest in AI startups as battle for dominance heats up appeared first on CryptoSlate. дальше »
2023-6-2 22:53 | |
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Peter McCormack receives nasty surprise from presumed PulseChain fan
In a recent and rather unusual turn of events, Peter McCormack, a renowned storyteller, commentator, and host of the popular web3 and crypto podcast "What Bitcoin Did," reported receiving a bag of feces in the mail. дальше »
2023-6-1 21:31 | |
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Binance Prohibits Trading of Privacy Coins in France: Reports
The regulatory concerns in France have forced Binance to disable the trading of privacy coins. Users from France, Poland, and Spain have reported receiving announcements through email. The post Binance Prohibits Trading of Privacy Coins in France: Reports appeared first on BeInCrypto. дальше »
2023-5-31 14:48 | |
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Avorak AI Secures Massive OTC Deal With Private Bitcoin Miner
The deal dominating Bitcoin news features a reported massive OTC deal between Avorak AI and a private Bitcoin miner. The over-the-counter deal has potential implications for the institutional market and the future of AI-powered platforms. дальше »
2023-5-27 00:30 | |
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UK Prime Minister Rishi Sunak considering new rules to regulate AI amid concerns of ‘existential threats’
UK Prime Minister Rishi Sunak aims to update his government’s guidelines around regulating artificial intelligence (AI) and its development, The Guardian reported May 26. Earlier suggestions are out of date The Guardian said that Sunak’s government published a white paper in March, but the suggestions in that paper are now out of date. дальше »
2023-5-27 00:02 | |
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Canaan’s mining revenue rises 3.3% in Q1 while overall revenue declines
Bitcoin (BTC) miner Canaan reported a 3. 3% increase in its mining revenue for the first quarter, according to a May 26 statement. Mining revenue According to Canaan, it generated $11. 1 million in mining revenue between January 1 and March 31. дальше »
2023-5-27 21:00 | |
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DCG shutters TradeBlock institutional trading platform
Digital Currency Group (DCG) will close its institutional trading platform, TradeBlock, by the end of the month, Bloomberg reported May 25. Crypto market challenges DCG’s decision to close TradeBlock comes amidst a harsh crypto market. дальше »
2023-5-26 02:01 | |
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Morgan DF Fintoch goes radio silent after rugging $31.6M
Crypto investment platform Morgan DF Fintoch allegedly stole $31.6 million worth of user funds in an apparent exit scam on May 22, on-chain sleuth Zachxbt reported May 24. On-chain data shows the funds — mainly USDT on BSC — were bridged to multiple addresses on TRON and Ethereum during the afternoon of May 22 — […] The post Morgan DF Fintoch goes radio silent after rugging $31.6M appeared first on CryptoSlate. дальше »
2023-5-26 22:03 | |
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Sam Altman’s Worldcoin raises $115M in Series C round
Sam Altman has successfully raised $115 million in a Series C funding round for Worldcoin, Reuters reported May 25. Blockchain Capital led the raise, with Andreessen Horowitz, Bain Capital Crypto, and Distributed Global joining the round as well. дальше »
2023-5-26 22:00 | |
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NVDA Shares Spike 25% to ATH after Nvidia Reported Better than Expected Q1 Results amid Huge AI Demand
Coinspeaker NVDA Shares Spike 25% to ATH after Nvidia Reported Better than Expected Q1 Results amid Huge AI Demand In Q1, Nvidia partnered with ServiceNow, Medtronic, Dell Technologies, and Microsoft’s Azure to build generative AI for its array of products. дальше »
2023-5-25 11:40 | |
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BTC-e founder accused of money laundering seeks to be freed in prisoner swap
BTC-e co-founder Alexander Vinnik aims to be released through a prisoner swap, The Wall Street Journal reported May 24. Vinnik seeks to be released by U. S. A lawyer argued in court that Vinnik should be allowed to respond to accusations and advocate for his inclusion in a prisoner exchange. дальше »
2023-5-25 23:26 | |
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Mastercard’s crypto head stresses security, simplicity for blockchain’s full potential
Mastercard firmly believes that crypto and blockchain technology can bring much more value to financial industries once it can solve the key issues of security and simplicity, Tech Crunch reported, citing the company’s EVP and head of crypto and blockchain Raj Dhamodharan. дальше »
2023-5-25 21:33 | |
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Whales offload Multichain as network suffers delayed transactions
Multichain Network token MULTI fell by 27% after several whales dumped the token following its transaction delay issues. Whales dump MULTI Blockchain investigator Lookonchain reported that a whale address, 0xb4df, deposited 494,200 MULTI worth $2. дальше »
2023-5-25 19:10 | |
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UK core inflation hits 28-Year high, boosting Bitcoin adoption as safe haven
The United Kingdom’s core inflation reached 6. 8% in April, its highest level since 1992, as CryptoSlate reported in a recent insight. This surge in inflation has occurred alongside a backdrop of declining interest rates for over 40 years, which has inflated asset bubbles across the board. дальше »
2023-5-24 14:15 | |
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Chinese companies selling synthetic opioid chemicals raked in $27M in crypto payments
Blockchain analysis firm Elliptic said May 23 that several Chinese companies selling precursors to the synthetic opioid fentanyl have received millions in cryptocurrency. Elliptic reported that its researchers interacted with over 90 companies in China that offered to sell fentanyl precursors. дальше »
2023-5-24 01:35 | |
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Binance regularly commingled customer funds with corporate revenue in 2020 and 2021: Reuters
Binance commingled user funds with corporate funds in 2020 and 2021, Reuters reported on May 23, citing three anonymous insiders. One of the sources claimed that billions of dollars were commingled in Binance’s accounts with Silvergate Bank, with the commingling occurring on an almost daily basis. дальше »
2023-5-23 17:04 | |
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International Securities Watchdog Lays Out Crypto Regulation Strategy
The International Organization of Securities Commissions (IOSCO) has introduced a global strategy in an attempt to regulate crypto assets, reported Reuters. The post International Securities Watchdog Lays Out Crypto Regulation Strategy appeared first on BeInCrypto. дальше »
2023-5-23 12:23 | |
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Philippines SEC says Gemini’s derivatives exchange is operating without approval
The Philippines Securities and Exchange Commission issued a warning to investors that Gemini is operating its newly launched derivatives exchange without regulatory authorization in the country, Bloomberg News reported on May 22. дальше »
2023-5-23 22:28 | |
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Biden opposes agreement that could protect “tax cheats and crypto traders”
U.S. President Joe Biden expressed opposition to a proposal that could result in low taxes for crypto investors, The Hill reported on May 21. Biden wants to cut crypto tax loopholes Following a G7 summit in Hiroshima, Japan, Biden said: “I’m not going to agree to a deal that protects wealth tax cheats and crypto […] The post Biden opposes agreement that could protect “tax cheats and crypto traders” appeared first on CryptoSlate. дальше »
2023-5-22 00:40 | |
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Aave Users Unable to Access Over $100M in Assets Due to Bug
Blockchain security firm BlockSec reported how a bug has kept $110 million stuck on AAVE V2 Polygon because of a bug issue. The post Aave Users Unable to Access Over $100M in Assets Due to Bug appeared first on BeInCrypto. дальше »
2023-5-21 21:00 | |
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Citadel Securities says ex-employees launched crypto firm with stolen trade secrets
Citadel Securities alleged that two former employees formed their cryptocurrency firm Portofino Technologies with the company’s proprietary information, Bloomberg News reported May 17. Ex-employees allegedly stole trade secrets The relevant complaint alleges that Leonard Lancia and Alex Casimo formed Portofino Technologies while working at Citadel Securities. дальше »
2023-5-18 00:01 | |
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Bitget records almost $660B in Q1 futures trading volume amid surge at CEXs, Bitcoin rally in March
All major centralized exchanges saw growth in their futures trading volumes at the end of March, with Bitfinex and Deribit seeing triple-digit percentage gains, while Bitget (BGB)reported Q1 futures trading volume of $658 billion. дальше »
2023-5-18 23:46 | |
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Celsius could sell assets to top bidder Fahrenheit as auction concludes
Celsius could soon sell its assets as it concludes an auction that is part of its bankruptcy proceedings, Reuters reported May 17. Fahrenheit leading bidder The latest bidding session for Celsius’ assets has been ongoing since April 22. дальше »
2023-5-18 23:14 | |
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Bitfarms stock could climb to $2.0: HCW analyst Kevin Dede
HCW analyst says Bitfarms Ltd still has another 40% upside. The bitcoin miner reported strong results for its Q1 this week. Bitfarms stock is already up about 150% for the year at writing. Bitfarms Ltd is already up close to 150% versus the start of the year but an H. дальше »
2023-5-17 02:12 | |
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OpenAI CEO Sam Altman calls for AI to be regulated during Senate hearing
OpenAI CEO Sam Altman urged U. S. lawmakers to regulate artificial intelligence companies during a Senate hearing, The Washington Post reported May 16. Altman calls for regulation Altman, whose company created ChatGPT, said that the U. дальше »
2023-5-17 01:08 | |
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ECB believes digital euro is necessary despite lukewarm response from banks, consumers
Policymakers are divided on whether a digital euro is necessary for the eurozone in a world where cashless payments already exist but supporters of the central bank digital currency (CBDC) project argue that Europe needs a payments system that is locally controlled, the Financial Times reported. дальше »
2023-5-17 19:59 | |
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BNY Mellon focusing on digital assets sans crypto, deems tokenization ‘next wave of securitization’
BNY Mellon is enhancing its focus on digital assets and has plans of integrating them with all aspects of its business, but that focus does not extend to crypto, American Banker reported May 15. The focus stems from the bank’s digitization strategy, as part of which it is now using artificial intelligence and machine learning […] The post BNY Mellon focusing on digital assets sans crypto, deems tokenization ‘next wave of securitization’ appeared first on CryptoSlate. дальше »
2023-5-16 01:12 | |
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Riot Platforms stock has another 22% upside: HCW analyst
Riot Platforms reported strong results for its Q1 last week. HCW analyst raised his PT on Riot Platforms stock today. Mike Colonnese explained his bullish view in a research note. Shares of Riot Platforms Inc have already more than tripled this year but an H. дальше »
2023-5-16 01:04 | |
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South Korea Crypto Exchanges Upbit And Bithumb Probed Over Lawmaker’s Scandal
On Monday, a local news outlet reported that South Korea’s Upbit and Bithumb crypto exchanges are under investigation by the Seoul Southern District Prosecutors Office over suspicions concerning lawmaker Kim Nam-kuk’s digital assets. дальше »
2023-5-15 19:20 | |
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South Korea prosecutors investigating lawmaker’s crypto accounts
South Korean prosecutors are probing crypto exchanges UpBit and Bithumb as part of the investigations into the transactions of lawmaker Kim Nam-kuk. Local media reported that the Seoul Southern District Prosecutor’s Office had seized Kim’s account information from the two exchanges to check his transaction history and funding source. дальше »
2023-5-15 17:52 | |
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Bankrupt Celsius stake $57M worth of Ethereum: Arkham
Bankrupt crypto lender Celsius has resumed staking Ethereum (ETH), according to data shared by Arkham Intelligence. Arkham reported that the bankrupt lender staked 30,800 ETH — $56. 9 million — via staking solutions provider Figment during the past week. дальше »
2023-5-15 16:30 | |
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Bakkt to delist two-thirds of supported tokens
Bakkt will delist the majority of its previously supported cryptocurrency tokens, The Wall Street Journal reported May 12. Delisting 25 cryptocurrencies Bakkt will specifically delist 25 of the 36 assets that it once supported through its recently acquired subsidiary Apex Crypto. дальше »
2023-5-13 01:35 | |
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BRC-20 tokens lose 600 million in market cap within four days
Quick Take On May 8, CryptoSlate reported that BRC-20 tokens hit a $1 billion market cap due to the soaring Bitcoin fees that miners were receiving. Yesterday, CryptoSlate reported that inscriptions might have run their course, with the average fee paid per block down from six Bitcoin to one Bitcoin. дальше »
2023-5-12 14:30 | |
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LTC averages 1 million transactions but whales are keeping away because...
Litecoin transaction achieves new average as address activity grows. LTC still favors the bears as whales suppress the price action. Litecoin just reported the robust growth it has achieved The post LTC averages 1 million transactions but whales are keeping away because... appeared first on AMBCrypto. дальше »
2023-5-12 12:30 | |
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Crypto lender Nexo shuts down 2 UK-based subsidiaries
London-based crypto lender Nexo (NEXO) has shut down two of its subsidiaries located in the U. K. on May 11, Bloomberg News reported. The lender is also going under an investigation in Bulgaria for allegedly being involved in an organized crime scheme, the Bloomberg article noted. дальше »
2023-5-12 19:47 | |
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American Democrats turned out to be the Bitcoin “killers”
The head of the cryptocurrency startup Tierion, Wayne Vaughan, said that representatives of the American Democratic Party are trying to “kill” bitcoin and other cryptocurrencies. Vaughan referred to the publication of journalist Eleanor Terrett, in which she reported a data leak. дальше »
2023-5-11 15:53 | |
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Bitcoin mempool starts to clear as fee paid per block falls back to one
The cryptocurrency space has been buzzing this week with BRC-20 tokens' market cap exceeding $500 billion, fueled by the rise of Ordinals earlier this year. CryptoSlate reported an unusual phenomenon: Bitcoin miners receiving more income from transaction fees than block rewards. дальше »
2023-5-11 13:50 | |
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Roblox Raises $774M by Selling In-Game Robux Currency with Users at All-Time High
Coinspeaker Roblox Raises $774M by Selling In-Game Robux Currency with Users at All-Time High Roblox reported a total of $774 million in "bookings", which jumped by a staggering 23% in comparison to the previous year. дальше »
2023-5-11 13:19 | |
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Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1
Marathon Digital Holdings reported quarterly results for its cryptocurrency mining operations on May 10. Fried Thiel, chairman and CEO of Marathon, said: “After weathering a tumultuous 2022 … this year is off to a strong start as we grew our hash rate, reduced our cost to mine, and improved our balance sheet during the first […] The post Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1 appeared first on CryptoSlate. дальше »
2023-5-11 02:28 | |
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Garlinghouse Slams Claim Ripple Could Have Avoided Costly Tussle With SEC By Registering XRP As A Security
It was recently reported that Ripple Labs would spend roughly $200 million defending the SEC lawsuit. However, top venture capitalist Jason Calacanis has claimed that the San Francisco-based blockchain payments firm would have spent less if it only registered XRP as a security. дальше »
2023-5-10 21:10 | |
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