BTC price suddenly drops 5% as Bitcoin rejects low CPI print
Bitcoin shrugs off notionally good news on US inflation with a BTC price plunge below $59,000.
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Fed’s Powell has no intent to ban Bitcoin or crypto
Powell testified before the House Financial Services Committee on Thursday on matters related to the economy and the Covid-19 pandemic. 789 Total views 17 Total shares Federal Reserve Chairman Jerome Powell believes the federal government needs to regulate the cryptocurrency market, but that a blanket ban on Bitcoin (BTC) and other digital assets is not…
OpenAI and Microsoft sued over alleged unauthorized use of author’s work
Julian Sancton, an author and Hollywood reporter, accuses Microsoft of being aware of OpenAI’s indiscriminate internet crawling for copyrighted material. 202 Total views 3 Total shares OpenAI and Microsoft are facing a lawsuit alleging the improper use of nonfiction authors’ work to train AI models, including OpenAI’s ChatGPT service. Author and reporter Julian Sancton sued
Report: Blockchain Among Highest-Paying Industries in Canada
A recent report from the Canadian Digital Chamber of Commerce shows that salaries in the Canadian blockchain industry are amongst the highest in the country.Much needed legal clarityThe Chamber of Digital Commerce Canada released its October report on the country’s blockchain ecosystem, showing insights into the health of the industry, current strengths and legal needs…
Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.
Bitcoin is already outperforming the halving that sparked $20K all-time high
Bitcoin in 2020 is right between its 2016 and 2012 positions, data shows, as six-month performance sees 2.2 times gains. 4590 Total views 36 Total shares Bitcoin price has more than doubled since its latest block subsidy halving and is now outpacing its last bull run.Data compiled by on-chain monitoring resource ChartsBTC on Nov. 23…
Chinese Police Reportedly Close Office of ICO Startup
The offices of Chinese initial coin offering (ICO) startup GXChain have reportedly been closed by the local police.On Sept. 11, Dovey Wan — founding partner of blockchain-based investment company Primitive Ventures — tweeted a photo of an office taped closed (presumably by Chinese police) and announced that GXChain “got clamped down by the Chinese police.”…
Bitcoin is ‘more religion than solution,’ says billionaire Mark Cuban
"No matter how much BTC fans want to pretend that it’s a hedge against doomsday scenarios, it is not." 4523 Total views 14 Total shares Mark Cuban, the billionaire who once said that bananas are a better medium of exchange than Bitcoin, has doubled down on his view that the asset is more like a…
Winklevoss’ Gemini Exchange Launches Chicago Office to Serve as Engineering Hub
Winklevoss brothers-led Gemini crypto exchange is launching a new office in Chicago, the firm officially announced on June 27.Headquartered in New York, Gemini adds its new Chicago office to their existing office in Portland, Oregon, Gemini co-founder Tyler Winklevoss wrote in a Medium post on Thursday.According to the statement, Gemini’s Chicago office will act as…