Dormant Bitcoin wallet moves $536M after over 5-year hiatus
The Bitcoin whale didn’t even send test transactions before moving their 8,000 Bitcoin.
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Three Men Arrested for Running Alleged $722 Million Crypto Ponzi Scheme
United States authorities in New Jersey have announced the arrest of three men who are accused of defrauding investors of over $722 million as part of alleged crypto ponzie scheme BitClub Network, per a Dec. 10 announcement from the Department of Justice.The accusations against BitClub NetworkAccording to the press release, BitClub Network promised massive rates…

Are DAOs overhyped and unworkable? Lessons from the front lines
Many contend that DAOs have failed to deliver on their promises, but developers are coming up with novel solutions. by Donovan Choy 11 min September 13, 2023 Share Tweet Share Share Ask 10 different people to define a decentralized autonomous organization (DAO), and you’ll likely get 10 different definitions. But there is at least one

3 reasons why Bitcoin’s drop to $56.5K may have been the local bottom
The first rule of Bitcoin (BTC) trading should be “expect the unexpected.” In just the past year alone, there have been five instances of 20% or higher daily gains, as well as five intraday 18% drawdowns. Truth to be told, the volatility of the past 3-months has been relatively modest compared to recent peaks.Bitcoin historical…

Bit.ly Says It ‘Does Not Block Cryptocurrency Sites,’ Fixes Links For Andreas Antonopoulos’ Book
On November 3, renowned Bitcoin advocate, Andreas Antonopoulos, took to Twitter to claim that URL shortening service, Bit.ly (Bitly), had blocked crypto-related links from his upcoming book.Cointelegraph has reached out to Bitly, and learned that the links “had been inadvertently blocked,” while the company has reportedly resolved the issue. Nevertheless, crypto-related bans still exist in…

Baidu CEO Robin Li says more than 70 AI models already released in China
The CEO of Chinese tech-giant Baidu said that since China’s new AI regulations have been in place over 70 AI models have been released in China with over 1 billion parameters. 170 Total views 2 Total shares The CEO of Chinese tech company Baidu, Robin Li, said on Sep. 5 that more than 70 artificial

‘Why I’m not investing in nothing burger Bitcoin’: Shark Tank’s Kevin O’Leary
Despite criticizing Bitcoin, the Shark Tank star also said the digital asset could become “something of tremendous value” if regulators were to back it. 3919 Total views 10 Total shares Businessman Kevin O'Leary, who appears on the reality TV show Shark Tank, seems to be backing away from statements he made in December indicating he…

IDEO CoLab Ventures files with SEC for new $100M crypto fund
Early stage investment fund IDEO CoLab Ventures is looking to launch a $100 million crypto investment fund. 3254 Total views 16 Total shares IDEO, an American design and innovation consultancy firm, has filed for a new cryptocurrency fund through its blockchain-oriented venture capital subsidiary.IDEO CoLab Ventures, an early stage investment fund focused on blockchain development,…

Forcount ‘Ponzi scheme’ promoter sentenced to 20 years in prison
According to US prosecutors, Juan Tacuri, and his co-conspirators, defrauded investors of $8.4 million in an apparent Ponzi Scheme.