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Did Elon Musk Tank the Market? SpaceX Sells $373 Million of Bitcoin; QUBE is Close to Selling out Presale Stage 3
The Wall Street Journal (WSJ) recently highlighted that Elon Musk’s SpaceX wrote down $373 million worth of Bitcoin (BTC) from 2021 to 2022. This is speculated to be the cause of the recent $2000+ crash in the price of BTC. дальше »
2023-8-21 13:00 | |
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Bitcoin Price Tanks as SpaceX Sells BTC Holdings – Could These Coins Be an Alternative?
Bitcoin’s price plunged in the past 24 hours after reports emerged that Elon Musk’s SpaceX wrote down over $370 million of its holdings. The news of this massive liquidation sent shockwaves throughout the crypto market, leading many to sell their $BTC. дальше »
2023-8-19 17:17 | |
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AITECH airdrop could be another scam by Park First founder
The upcoming $AITECH airdrop could be another well-orchestrated scam that could cost investors millions of dollars. A person familiar with the issue wrote to iNvezz with details about the token and its creator. дальше »
2023-8-18 11:02 | |
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SpaceX saw valuation of Bitcoin holdings fall by $373M over two years: WSJ
SpaceX’s Bitcoin (BTC) holdings have declined over a two-year period, according to a report from the Wall Street Journal on Aug. 17. According to WSJ, SpaceX wrote down its Bitcoin holdings by $373 million over the course of 2022 and 2021, including by selling the asset. дальше »
2023-8-18 03:20 | |
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Curve Finance offers hacker 10% bounty, agrees not to seek legal assistance if offer is taken up
Curve Finance and two other DeFi platforms offered a bounty on Aug. 3 in exchange for the return of funds stolen in various recent attacks. Curve, Metronome, and Alchemix wrote: “We as a group … would like to discuss a bounty with any parties who were involved in the recent Curve exploits. дальше »
2023-8-4 10:00 | |
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Bitcoin ETF Approval Odds Just Got Better: Bloomberg Analysts
“The odds of a spot Bitcoin ETF launching this year are up to 65%, in our eyes, after a flurry of developments,” analysts James Seyffart and Eric Balchunas wrote. They previously assigned a 50% probability. дальше »
2023-8-3 19:02 | |
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AIs will organize using DAOs on public blockchains like Ethereum, says BitMEX co-founder Arthur Hayes
Arthur Hayes, the co-founder of crypto exchange BitMEX, believes artificial intelligence (AIs) will use decentralized autonomous organizations (DAOs) to organize themselves. In a blog post, Hayes wrote: “The DAO structure will allow AIs and humans to collaborate and serve as the organisational structure that allows the AI + human economy to grow and flourish. дальше »
2023-7-30 19:14 | |
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French data protection regulator investigating recently launched Worldcoin
The French data protection regulator CNIL is looking into the recently launched Worldcoin (WLD) cryptocurrency project started by Sam Altman of OpenAI, for “questionable” practices. Regarding Worldcoin’s practice of scanning retinas to ensure that no single person can claim cryptocurrency rewards more than once, a CNIL spokesperson wrote in a written statement that “the legality […] The post French data protection regulator investigating recently launched Worldcoin appeared first on Invezz. дальше »
2023-7-29 17:02 | |
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Sam Bankman-Fried’s brother planned to buy island and prep for apocalypse: court filing
According to court documents, Gabriel Bankman-Fried wrote a memo to the FTX Foundation with a plan to build a bunker to survive “some event where 50%-99.99% of people die." дальше »
2023-7-22 21:49 | |
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Ripple ruling is likely to be appealed and overturned, ex-SEC official says
The Ripple case ruling is “ripe for appeal” and likely to be overturned, John Reed Stark, former chief of internet enforcement at the SEC, noted in a LinkedIn post on July 14. The court decision, which Cameron Winklevoss hailed as a watershed moment, “resides on shaky ground,” Stark wrote. дальше »
2023-7-16 05:01 | |
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Mysterious self-proclaimed Binance stakeholder “Eeon” seeks to intervene in SEC’s suit against the exchange
“Eeon,” an individual that claims to represent Binance customers, attempted to enter an ongoing securities case concerning the exchange company on July 14. Eeon and the affected customers wrote in a filing: “We are the proper parties to this matter as we have been identified by the Court in its Order issued on June 17, […] The post Mysterious self-proclaimed Binance stakeholder “Eeon” seeks to intervene in SEC’s suit against the exchange appeared first on CryptoSlate. дальше »
2023-7-15 01:40 | |
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Ripple’s XRP Ruling a ‘Milestone Win’ for Crypto Industry, Says JMP Securities
A summary judgment partially in favor of payments network Ripple represents a milestone win for the crypto industry and provides legal clarity as to what does and doesn’t represent a security, JMP Securities wrote in a research note Friday. дальше »
2023-7-18 21:13 | |
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Ripple’s XRP Ruling a ‘Milestone Win’ for Crypto Industry, Says J.P. Morgan
A summary judgment partially in favor of payments network Ripple represents a milestone win for the crypto industry and provides legal clarity as to what does and doesn’t represent a security, J.P. Morgan wrote in a research note Friday. дальше »
2023-7-15 21:13 | |
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U.S. Senator Tuberville Asks DOJ, SEC to Investigate Crypto Broker Prometheum
U.S. Senator Thomas Tuberville (R-Ala.) wrote an open letter to Attorney General Merrick Garland and Securities and Exchange Commission (SEC) Chair Gary Gensler asking them to investigate Prometheum, a special-purpose broker that recently secured federal permissions to offer crypto trading services. дальше »
2023-7-11 19:25 | |
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Blockchain Association calls for Gensler’s recusal from crypto enforcement decisions
The Blockchain Association is calling for SEC chair Gary Gensler to recuse himself from regulatory proceedings, claiming he demonstrates “clear bias” against the industry. Senior counsel Marisa Coppel wrote today that Gensler’s statements proclaiming all cryptocurrencies besides Bitcoin to be securities show that he has “prejudged the facts” without adequately assessing the evidence and data, […] The post Blockchain Association calls for Gensler’s recusal from crypto enforcement decisions appeared first on CryptoSlate. дальше »
2023-6-30 23:37 | |
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HSBC’s Hong Kong customers can now trade Bitcoin, Ethereum futures ETFs
HSBC customers in Hong Kong can now buy Bitcoin (BTC) and Ethereum (ETH) futures ETFs, per crypto reporter Colin Wu. Wu wrote: “The move will expand local users’ exposure to cryptocurrencies in Hong Kong. дальше »
2023-6-26 15:47 | |
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Chancer token raises $250k in less than a week as demand rises
The financial market was relatively mixed this week as investors reacted to the latest interest rate decision by the Federal Reserve. In it, as we wrote here, the bank decided to leave interest rates unchanged at 5. дальше »
2023-6-17 09:05 | |
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Crypto sleuth ZachXBT sued in defamation case, invites donations
ZachXBT, an on-chain crypto “sleuth”, is named in a June 15 lawsuit that alleges he published a defamatory article. Crypto entrepreneur Machi Big Brother wrote on June 16: A year ago, [ZachXBT] published a Medium article about me that damaged my reputation … I have consistently maintained that the allegations in his article are false. дальше »
2023-6-17 03:58 | |
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U.S. Justice Department Agrees to Try Sam Bankman-Fried on Original Charges Only for Now
Prosecutors with the U.S. Department of Justice wrote late Wednesday night that they would agree to try FTX founder and former CEO Sam Bankman-Fried on only the original eight charges filed in January after a court in the Bahamas blocked the local government from agreeing to additional charges. дальше »
2023-6-15 07:50 | |
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Hong Kong lawmaker courts Coinbase amid US legal troubles
Hong Kong Legislative Council member Johnny Ng has contacted Coinbase in his bid to help the exchange register in the region, according to a June 14 tweet. Ng wrote: “I have already got in touch with Coinbase, and we will learn more about the development opportunities in Hong Kong together. дальше »
2023-6-14 15:36 | |
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Changpeng Zhao (CZ) net worth steady after the SEC lawsuit
Changpeng Zhao, popularly known as CZ, is a man under pressure after the Securities and Exchange Commission (SEC) filed a major lawsuit in the United States. As we wrote here, the lawsuit makes several allegations, including offering unregulated securities in the US and mishandling of billions of dollars. дальше »
2023-6-8 08:50 | |
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US Senators raise concerns about ethical control on Meta’s AI-model LLaMA
U. S. Senators Richard Blumenthal and Josh Hawley wrote to Meta CEO Mark Zuckerberg on June 6, raising concerns about LLaMA – an artificial intelligence language model capable of generating human-like text based on a given input. дальше »
2023-6-7 15:10 | |
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Pepe, Kava, ApeCoin, CFX, Optimism prices popped: dead cat bounce?
Cryptocurrency prices staged a strong recovery even as the Securities and Exchange Commission (SEC) continued its battle against digital coins. On Monday, the SEC launched a lawsuit against Binance and CZ, as we wrote here. дальше »
2023-6-7 23:26 | |
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“Fight between freedom and authoritarianism” Crypto pros defend Binance
The biggest crypto news this week was the decision by the Securities and Exchange Commission (SEC) to sue Binance and Changpeng Zhao. As we wrote here, the SEC filed 13 charges, accusing the company of operating an unregulated exchange in the US and offering unregistered securities. дальше »
2023-6-6 10:22 | |
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Gemini and Genesis seek to dismiss SEC lawsuit over defunct Earn product
Gemini and Genesis have asked a judge to dismiss an SEC lawsuit concerning its Earn product, according to developments on May 26. Genesis says Earn wasn’t a security Jack Baughman, a lawyer for Gemini, wrote: “The SEC claims that the contract setting up the Earn program was itself a security. дальше »
2023-5-27 02:51 | |
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US Congressmen urge SEC to keep definition of ‘qualified custodian’ unchanged
Congressmen Michael Flood and Ritchie Torres wrote to SEC Chair Gary Gensler, urging him to keep custody rules unchanged. In February, the U. S. Securities and Exchange Commission (SEC) proposed specific changes to the Investment Advisors Act 1940. дальше »
2023-5-26 11:18 | |
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Circle CEO says that AI bots are transacting USDC, creating wallets
Circle CEO Jeremy Allaire said May 25 that artificial intelligence (AI) bots are engaging with his company’s USDC stablecoin. AI and blockchain are a match Allaire wrote on Twitter: “[Artificial intelligence] and Blockchains are made for each other… We are already hearing about AI Bots spinning up on-chain wallets and using USDC. дальше »
2023-5-26 01:19 | |
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Coinbase asks for mandamus against SEC, continues to demand rulemaking
Coinbase is still asking the U. S. Securities Exchange Commission to engage in rulemaking via the legal system, an executive said on May 23. Coinbase continues to submit filings Coinbase CLO Paul Grewal wrote on Twitter: ” … Coinbase replied in the Third Circuit to the SEC’s arguments against our petition for a writ of mandamus. дальше »
2023-5-24 22:51 | |
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Treasury Secretary Yellen repeats warning of US debt default
U.S. Secretary of the Treasury Janet Yellen published a letter on May 22 warning of a debt default within as little as ten days. Inability to pay bills Yellen wrote in a letter to U.S. Congress: “… It is highly likely that Treasury will no longer be able to satisfy all of the government’s obligations […] The post Treasury Secretary Yellen repeats warning of US debt default appeared first on CryptoSlate. дальше »
2023-5-23 02:15 | |
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Vitalik Buterin says Ethereum’s consensus is ‘fragile’ and should not be stretched
Vitalik Buterin warned in a blog post today that Ethereum’s consensus is fragile and should be used “sparingly” because of the high risk of forks in the chain. Buterin wrote: “There is a natural urge to try to extend the blockchain’s core with more and more functionality, because the blockchain’s core has the largest economic […] The post Vitalik Buterin says Ethereum’s consensus is ‘fragile’ and should not be stretched appeared first on CryptoSlate. дальше »
2023-5-23 19:01 | |
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Tornado Cash attacker creates proposal that could restore governance
An attacker who gained control over Tornado Cash put forward a proposal on May 21 that could reverse his original exploit. Exploiter could undo his attack Tornadosaurus-Hex, a community member, wrote: “The [Tornado Cash] attacker posted a new proposal to restore the state of Governance. дальше »
2023-5-22 04:00 | |
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Ripple Scores Win in XRP Securities Lawsuit: Hinman Speech Stands
Judge Analisa Torres denied the Securities and Exchange Commissions (SEC) motion to seal documents related to a controversial speech on cryptocurrency by former SEC official Bill Hinman. Judge Torres wrote... дальше »
2023-5-18 19:21 | |
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Bitcoin roundup: active addresses fall, market makers scale back, price softens
Key Takeaways Number of addresses containing one Bitcoin or more crosses one million Bitcoin relatively subdued despite trading at 2-month low Two prominent market markers are scaling back activity in the space Active addresses show notable decline in last week We wrote last week that nearly one million addresses on the Bitcoin network now […] The post Bitcoin roundup: active addresses fall, market makers scale back, price softens appeared first on CoinJournal. дальше »
2023-5-15 16:57 | |
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Voyager intends to start returning customer funds in coming weeks
Voyager Digital plans to begin returning funds to creditors as part of its bankruptcy proceedings, Voyager’s unsecured creditor committee said on May 4. The Voyager Official Committee of Unsecured Creditors wrote: “Voyager is … finalizing everything internally that is necessary to make distributions to creditors. дальше »
2023-5-5 01:24 | |
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