EU watchdog sues Elon Musk’s X over alleged AI data violations
As recently as July 25, the DPC seemed to believe the matter would be resolved without court actions.
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Ex-Google Product Manager Joins Multicoin Capital as Investment Principal
Blockchain and cryptocurrency investment firm Multicoin Capital hired a former Google product manager as one of its new investment Principals.In a blog post published on Oct. 1, managing partner Kyle Samani said that Tony Sheng would help secure new deals for the firm while also working with existing portfolio members.Crypto market offers “tremendous alpha”“The crypto…
Bitcoin extends decline below $42K ahead of fresh Fed comments on inflation
Bitcoin (BTC) fell further with stocks on the Wall Street open Thursday as nervous markets awaited further U.S. economic policy cues and battled geopolitical tensions.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMacro conditions stay grim for stocks, cryptoData from Cointelegraph Markets Pro and TradingView showed BTC/USD losing the $42,000 mark for the first time in several days…
US Senate Crypto Hearing Key Takeaways: Blockchain Is ‘Inevitable’
On July 30, the United States Committee on Banking, Housing and Urban Affairs hosted a hearing on cryptocurrencies in a regulatory context. Lawmakers are showing renewed interest in digital currencies against the backdrop of Facebook’s crypto odyssey: This week’s testimony followed two Libra-focused hearings, which were held in Congress earlier in the month.Indeed, while the…
Casa Adds iOS and Android Support for Sats Mobile Wallet
Bitcoin (BTC)-focused technology firm Casa announced that its Sats mobile Bitcoin wallet app is now available for both iOS and Android devices.Casa announced in a post published on its official blog on Sept. 5 that the mobile wallet is now available for download. Furthermore, Casa notes that the latest version of the app can be…
Huobi Japan Raises $4.6M From FPG to Expand Crypto Trading Business
Licensed crypto exchange Huobi Japan has raised 5 million yen ($4.6 million) from Financial Products Group (FPG), a financial instruments business operator.The development was revealed in a press release shared with Cointelegraph on Oct. 25.Future cooperation on digitized securitiesHuobi Japan is a wholly-owned subsidiary of major Singapore-based crypto exchange Huobi, which serves traders across over…
Shiba Inu surges over 45% in two days to reach an all-time high
The latest price jump of SHIB token is attributed to an ongoing bullish trend from Oct. 15, which was followed by a week-long support at roughly $0.00002796. 2424 Total views 23 Total shares Shiba Inu (SHIB), a spin-off to Dogecoin (DOGE) token, reached an all-time high following a price surge of more than 46% in…
Starknet moves closer to EVM compatibility with upcoming ‘Kakarot’ testnet
Starknet, a zero knowledge layer-2 scaling solution for Ethereum is one step closer to becoming fully Ethereum Virtual Machine (EVM) compatible pending an August testnet launch of Kakarot, a new zkEVM.On June 3, the Kakarot team announced it had received new backing from Ethereum cofounder Vitalik Buterin, Ledger co-founder Nicholas Bacca and Starkware. We have…
Identity Solution Provider Reveals New $50 Mln Fund, Blockchain Firm Is First Investment
San Francisco-based enterprise identity solution provider Okta has launched a $50 million investment fund and announced its first investment in Trusted Key, a blockchain-based digital identity firm. The news was revealed in an official Okta announcement shared with Cointelegraph on April 3.The new investment fund, dubbed “Okta Ventures,” will reportedly focus on firms that drive…