Disappearing Satoshi statue in Lugano took 21 months to create, says artist
Valentina Picozzi, an Italian artist, and orthodontist, became a Bitcoiner in 2012 and has been an activist artist since.
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Crypto VCs are ‘especially bullish’ on DePIN, RWAs — HashKey partner
Crypto and blockchain venture capital deals are forecast to reach $18 billion this year, according to PitchBook.

Microsoft Azure Machine Learning Clusters Cryptojacked to Mine Monero
Hackers have attacked badly configured machine learning clusters on Microsoft’s Azure cloud computing network, and hijacked them to mine Monero. 1354 Total views 28 Total shares Microsoft announced on June 10 that it had discovered a number of cryptojacking attacks on powerful machine-learning clusters on its Azure cloud computing network.In a blog-post, the company said…

FINRA orders Robinhood to pay $70M due in part to ‘significant harm’ platform caused users
Regulators said the trading app should pay restitution to users like the 20-year-old who committed suicide after an erroneous negative balance appeared in his account. 592 Total views 7 Total shares The U.S. Financial Industry Regulatory Authority is penalizing Robinhood to the tune of roughly $70 million based on the results of an investigation into…

Movement Labs to close $100M VC round: Report
The deal would reportedly value the layer-2 developer at around $3 billion, Fortune reported.

The future of crypto taxes: Understanding the ever-changing landscape
Crypto taxation remains to be a controversial space, though some transparency is expected.

Celsius founder reportedly withdrew $10M before bankruptcy filing: FT
The details of the withdrawal will reportedly be part of upcoming court filings, and it's possible the founder and former CEO of the crypto platform could be forced to pay it back. 421 Total views 16 Total shares Celsius Network founder and former CEO Alex Mashinsky allegedly withdrew $10 million from the crypto lending platform…

Bank of Japan governor says CBDC preparation can’t wait until hour of need
In fresh remarks, Bank of Japan Governor Kuroda Haruhiko said that experiments with a domestic central bank digital currency will begin in spring 2021. 405 Total views 5 Total shares Japan is taking a measured but attentive approach to global interest in central bank digital currency issuance. In his latest remarks published on March 16,…

Fund execs offer $1M bets that Bitcoin’s S2F model won’t come true
The S2F model predicts a Bitcoin price of up to $288,000 by 2022 but two fund execs are betting the model won't pan out. 2842 Total views 23 Total shares Eric Wall, chief investment officer of crypto hedge fund Arcane Assets, has offered a $1 million bet that the Bitcoin stock-to-flow model will be proven…