AI bills have ‘positive intent’ but potentially ‘burdensome’ outcome: Lawyer

Over two dozen fake NFTs were sold on the Magic Eden marketplace over a 24-hour period due to a "massive exploit" on the platform. 246 Total views 5 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTNonfungible token (NFT) marketplace Magic Eden has pledged to refund all users who were duped into…

The Bitcoin ETF approval has been the biggest, but by no means the only, policy-related story of the last week. 562 Total views 20 Total shares The biggest regulatory story of the week, if not the year, has been the United States Security and Exchange Commission’s lack of opposition to the launch of the first-ever…

Interoperability has emerged as the hot topic in February as platforms like Binance Smart Chain and Polkadot work on building Ethereum network bridges that allow users to escape high transaction costs and network congestion.Fantom (FTM) is the latest project to receive a boost by offering cross-chain functionality with Ethereum, and data from Cointelegraph Markets and…

Global peer-to-peer (P2P) crypto exchange LocalBitcoins has officially confirmed the removal of trading in local fiat currencies, the firm announced in a tweet on June 4.As previously reported, the Finland-based exchange silently removed cash trading on June 1, which immediately caused some outrage in crypto community.In the official statement, LocalBitcoins noted that its liabilities are…

There exists a meme in the crypto world that goes something like, “Whenever I buy, the market dumps, and whenever I sell, the market pumps.” Like a cliche, the widespread status of a meme is a sign that it contains an element of truth, as anyone who has spent five minutes on a trading site…

The Swedish government is reacting to an alleged Bitcoin fraud scheme that targeted vulnerable people in Sweden, Australia, New Zealand and the U.K.Ukrainian officials were informed of the allegations in a meeting on March 2, according to an Organized Crime and Corruption Reporting report published on March 3.Foreign policy consequences of the fraudSwedish Minister of…

Northern Data believes the acquisition will position it as a leading mining firm globally. 108 Total views 3 Total shares Blockchain and high performance computing firm Northern Data has announced it will acquire Bitcoin miner Bitfield. According to a Sept. 27 press release, all major shareholders signed a binding purchase agreement for the entire Bitfield…

Due to legal constraints, UK-based users still have restricted access to the Bitcoin white paper on the Bitcoin.org website.

United States law enforcement has indicted two more men over alleged SIM-swapping scams involving cryptocurrency. A press release from the Northern District of California Attorney’s Office confirmed the indictment on Feb. 4.Ahmad Wagaafe Hared and Matthew Gene Ditman, who prosecutors accuse of conducting fraud, extortion and identity theft, were released on bond pending two trials…