FTX debtors recover $14M in political donations
A bankruptcy court filing showed FTX’s debtors reached settlements with political action committees and state-level Democratic parties over political contributions.
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AI companies commit to safe and transparent AI, White House reports
The White House announced on July 21, that prominent artificial intelligence (AI) companies, such as OpenAI, Google and Microsoft, have made commitments to create AI technology that is safe, secure and transparent. Additionally, the White House acknowledged other companies like Amazon, Anthropic, Meta and Inflection for also committing to AI safety.The Biden Administration emphasized the…

Cointelegraph Consulting: BTC whales buying big as retail goes bullish
The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, indicate that the total amount of BTC held by addresses with 100+ Bitcoin has seen a particularly strong uptick since the news of Tesla investing $1.5billion in BTC, growing by an additional 20,490 BTC. This brings the total amount of Bitcoin located in whale…

Donald Trump pardons three BitMEX co-founders — Report
BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed previously pleaded guilty to federal charges related to money laundering. US President Donald Trump has reportedly issued pardons to three of the co-founders of the cryptocurrency exchange BitMEX, who had pleaded guilty to felony charges. According to a March 28 CNBC report, Trump granted pardons to

No impact from Ripple ruling? SEC chair cites risks from crypto in budget request
Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission’s 2024 fiscal budget. 286 Total views 16 Total shares United States Securities and Exchange Commission (SEC) Chair Gary Gensler has called for “new tools, expertise, and resources” aimed at addressing misconduct…

New Breed of Ransomware Threatens to Expose Victoria’s Secrets
A series of ransomware attacks over the past week affected medical care, hundreds of thousands of parcel deliveries during the pandemic — and even a lingerie manufacturer. Attackers are threatening to leak sensitive data if companies fail to make the required payments.ITNews reported that the Australian logistics giant Toll Group suffered its second ransomware attack…

BNY Mellon’s crypto entrance seeks to bridge generational adoption gap
While the naysayers continue to wish for the so-called “Bitcoin bubble” to burst, the premium cryptocurrency continues to scale to new heights, seemingly with each passing day. For example, within the same week of Tesla announcing its foray into the crypto market, Bitcoin (BTC) proceeded to surge by almost $10,000. And even though the market subsequently…

New platform tracks Bitcoin rollup performance in real time
Bitcoin Heartbeat by BVM offers a unique, real-time glimpse into Bitcoin’s L2 and L3 rollup projects, enhancing transparency and verifiability.

Bitcoin miners still bullish despite toughest bear market yet – Hut8, Foundry, Braiins
Bitcoin (BTC) miners have been up against the ropes over the past year, with record amounts of BTC sent to centralized exchanges to cover costs in 2023.As Cointelegraph previously reported, the Bitcoin mining ecosystem has had an eventful year. The industry scored a staggering $184 million from transaction fees in the second quarter of 2023, eclipsing…