Amazon faces UK merger probe over $4B Anthropic AI investment
Microsoft and OpenAI face similar scrutiny as Europe and the UK seek to identify the line between investment and acquisition.
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Fidelity purchases 7.4% stake in Marathon Digital Holdings for $20M
Multinational financial services firm, Fidelity Investments, has announced the purchase of a 7.4% stake of major North American mining company, Marathon Digital Holdings.Marathon currently operates 19,000 miners, with a further 100,000 machines slated for deployment over the next 12 months. With $4.9 trillion in assets under management Fidelity is one of the world’s largest financial…
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Bitcoin Price: Big Move Brewing as $9.5K Becomes Next Key Battleground
Bitcoin price (BTC) closed the week at $9,207, down 3.66%. Despite a surprisingly low volatility weekend, the bulls helped keep Bitcoin price above $9,000 for 10 days and at the time of writing the price continues to consolidate.So far Monday has brought a move higher to retest $9,300, representing a 1% gain. EOS (EOS) and…
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Neuralink gets FDA approval for ‘in-human’ trials of its brain-computer interface
The Neuralink device is designed to be surgically implanted and, according to CEO Elon Musk, will eventually be marked to the general public. 66 Total views 3 Total shares Elon Musk’s brain-computer interface startup, Neuralink, reportedly received approval from the United States Food and Drug Administration (FDA) to conduct some form of “in-human” trials for…
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BNB Beacon Chain hard fork adds ‘panic’ feature that can ‘halt’ blockchain
The Binance-operated BNB Beacon Chain mainnet is set to add a new feature in its upcoming hard fork, which will give the blockchain the ability to “halt” the production of new blocks if certain conditions are met.In a July 12 statement from BNB Chain, the “ZhangHeng” upgrade is expected to take place at block height…
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Bitcoin Stolen in Binance Hack Moved to Seven Addresses
Proceedings from yesterday’s hack of cryptocurrency exchange Binance have been moved to seven addresses, crypto news outlet The Block reports on May 9.The breach resulted in about 7,074 bitcoins (BTC) — worth nearly $42.8 million at press time — being stolen from the exchange’s hot wallet. The transaction had 44 outputs, 21 of which were…
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BTC price nears $21.7K as whales boost Bitcoin ‘almost perfectly’
Bitcoin (BTC) sought to overturn August resistance on Sep. 10 as whale buy-levels dictated BTC price action.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewWhales provide short-term price ceilingData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new multi-week highs of $21,671 on Bitstamp.The pair capitalized on a short squeeze which began early on Sep. 9,…
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Monero avoids crypto market rout, but XMR price still risks 20% drop by June
Monero (XMR) has shown a surprising resilience against the Federal Reserve's hawkish policies that pushed the prices of most of its crypto rivals — including the top dog Bitcoin (BTC) — lower last week. XMR's price closed the previous week 2.37% higher at $217, data from Binance shows. In comparison, BTC, which typically influences the broader…
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SBI’s Crypto Exchange SBIVC Achieves Profits in First Fiscal Year, Considers STO
New Japanese crypto exchange SBI Virtual Currencies (SBIVC) achieved profitability in the first year of its launch, Cointelegraph Japan reports on April 26.SBIVC exchange, launched by Tokyo-based financial services giant SBI Holdings, reportedly recorded a profit before tax of almost 360 million Japanese yen ($3.2 million) for the full fiscal year from April 2018 to…