Bitcoin at ‘perfect’ macro setup, but dip below $58K risks $500M in liquidations
Bitcoin could gain significant traction from the growing M2 money supply, but a correction below $58,000 is still on the table before more upside.
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SEC scuppers ShipChain’s $27M ICO and fines the firm its last $2M
The defunct firm is not the first to run aground due to failure to abide by U.S. securities laws. 964 Total views 6 Total shares The Securities and Exchange Commission sinks the firm behind another initial coin offering.Per a Dec. 21 cease and desist order, the SEC has determined that ShipChain's ICO for its SHIP…
Sarah Silverman sues Meta and OpenAI for copyright violations
Author Sarah Silverman, and two others, opened a lawsuit against OpenAI and Meta for using copyrighted work to train their AI systems without permission. The American comedian and author Sarah Silverman, along with two other authors, Richard Kadrey and Christopher Golden, have filed lawsuits against Meta Platforms’ LLaMa and OpenAI’s ChatGPT over copyright infringement.Meta and…
6M noobs have bought coins on Robinhood Crypto already in 2021
Retail users have flocked to cryptocurrencies in 2021, with Robinhood reporting an increase in new monthly crypto traders of 15 times last year's average. 720 Total views 7 Total shares Retail-focused trading app Robinhood has revealed the number of new monthly customers buying from its crypto platform this year is 15 times the 2020 average.According…
Chainalysis: 64% of Ransomware Attackers Launder Proceeds via Crypto Exchanges
United States-based blockchain intelligence firm Chainalysis claims that 64% of ransomware attack cash-out strategies involve the laundering of funds via cryptocurrency exchanges. The data was revealed in a Chainalysis webinar attended by Cointelegraph on May 30.A ransomware attack involves the infection of a target with malware and the demand of a ransom payment — frequently…
Singapore, Hong Kong stand out among blockchain heavyweights
A composite index by ApeX Protocol ranked the most blockchain-friendly regions based on patents, jobs, and crypto exchanges.
Blockchain tech is helping to reduce the impact of deforestation in Brazil
The move is intended to prevent “laundering” cattle from sanctioned farms. Major meat processing company JBS S.A., has repeatedly come under fire for allegedly contributing to the illegal deforestation of the Amazon rainforest. They are now using blockchain technology to create a unique solution to the problem.According to a Sept. 23 report from Reuters, JBS…
Decentralized E-Commerce Marketplace Vows to Offer Shopping Protection and Data Security
A new blockchain-based e-commerce marketplace claims its centralized rivals are harming the sector by overcharging buyers and unfairly treating merchants — and plans to launch a new model, offering “complete shopping protection, data security and minimal commission.” ApolloX says it is hoping to challenge “monopolistic intermediaries” with an ecosystem consisting of three building blocks. The…
Yahoo Finance Integrates Bitcoin, Ethereum and Litecoin Trading
Yahoo Finance has integrated trading with Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) on its platform. While statistics are available on the platform for other digital currencies like Bitcoin Cash (BCH), Ethereum Classic (ETC) or EOS, they currently do not have buy and sell options. The development has led some in the crypto community to…