BTC price retests $62K as Bitcoin preps 'very high impact' month end
BTC price action is no longer getting US Bitcoin traders excited as the Coinbase Premium Index hits its lowest levels in over two months.
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EU tech coalition warns of over-regulating AI prior to EU AI Act finalization
A group of 33 businesses and tech companies have signed a joint letter to EU regulators urging them not to over-regulate emerging AI technologies at the cost of innovation. 41 Total views 1 Total shares A group of businesses and tech companies have issued a joint letter to European Union regulators warning against over-policing powerful
Hedge funds subpoenaed by U.S. prosecutors as Binance probe unfolds: Report
United States prosecutors are investigating hedge funds' relationships with cryptocurrency exchange Binance for money-laundering violations. 304 Total views 4 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTUnited States prosecutors are investigating hedge funds' relationships with cryptocurrency exchange Binance for money-laundering violations.According to anonymous sources cited by the Washington Post, the U.S.…
Crypto Biz: Galaxy, CoinShares Q1 results, ETFs on the blockchain, and more
This week’s Crypto Biz features Galaxy Digital and CoinShares earning results, Franklin Templeton’s CEO betting on blockchain, Polymarket’s funding raise, and a leadership transition at dYdX.
UAE regulator revokes FTX license amid the exchange collapse
Dubai regulators noted that no clients were exposed as FTX MENA was still in the preparation phase before getting fully approved to operate. 1084 Total views 6 Total shares As the FTX debacle still creates waves in the crypto industry and beyond, the Dubai Virtual Assets Regulatory Authority (VARA) has suspended the license which allows…
Japanese E-Book Publisher Moving to DLT as Demand Increases
With many schools and bookstores still closed in Japan, Media Do Holdings is looking to satisfy the demand for e-books with DLT. 837 Total views 23 Total shares Japan-based Media Do Holdings will be investing $2.8 million towards distributed ledger technology for the distribution of its e-books.According to a May 17 article in the Nikkei…
The case for Bitcoin price dropping to $27K in a possible bearish scenario
Some analysts say that the price of Bitcoin (BTC) could drop to $27,000 in a bearish scenario if it falls through the $30,000 support area.The potential drop to $27,000 is conditional in that BTC would have to break down below $30,500, where it strongly bounced from on Jan. 11. Bitcoin whale clusters. Source: WhalemapWhich is…
Coinbase says it will ‘evaluate any potential forks’ following the Merge
“Should an ETH PoW fork arise following The Merge, this asset will be reviewed with the same rigor as any other asset that is listed on our exchange,” said Coinbase. 245 Total views 24 Total shares Cryptocurrency exchange Coinbase has updated its information related to Ethereum transitioning to proof-of-stake to include forks that could arise.In…
Kleiman Estate Seeks Two-Week Extension Amid COVID-19 Lockdown
In the latest disruption to the case between the self-proclaimed Satoshi Nakamoto, Craig Wright, and the estate of the late Dave Kleiman, the plaintiffs are seeking a two-week extension to discovery amid the coronavirus pandemic.In a motion filed on March 24, Dave Kleiman’s estate asserts that the COVID-19 lockdown has presented “numerous complications associated with…