Here’s what happened in crypto today

Bitcoin demand among United States investors surged after the Federal Reserve confirmed its intentions to lower interest rates.

Officials in the United States are considering restricting the computing power of chips to lessen the flow of AI chips available in the Chinese market. Officials in the United States are mulling tighter controls on an export regulation created to minimize the availability of artificial intelligence (AI) chips to China. According to sources close to officials,…

The 100k user milestone represents 2% of Kakao’s current user base in South Korea. 1613 Total views 46 Total shares South Korean company, Kakao, announced that its new crypto wallet function surpassed 100,000 users in less than a day in its chat app, KakaoTalk. The feature went live on June 3.According to the internet giant,…

The OneCoin case now seems to turn the sibling founders against each other. Konstantin Ignatov, the brother of OneCoin’s fugitive founder Ruja Ignatova and a major figure behind the $4 billion Ponzi scheme, agreed to testify against his sister as part of a settlement that saw Ignatov dismissed from civil litigation targeting the scam.Newly reported…

Crypto publication Bitcoin Magazine claims it has been threatened with legal action over “FedNow” t-shirts, hats, and other items. 211 Total views 1 Total shares The United States Federal Reserve has sent a cease-and-desist letter to crypto media publication Bitcoin Magazine, accusing it of trademark violations, according to a Nov. 3 post from the publication.

Last month, the United States Congress increased the tax benefits of charitable giving in the CARES Act in hopes that people will give more. Some give money; others give property; and a growing number have been giving crypto assets.Once you have made the difficult decision of which charity or cause to donate to, your focus…

Tesla's remaining Bitcoin stash has grown 100% from its November 2022 lows, demonstrating that hodling BTC can indeed pay off. 842 Total views 15 Total shares Own this piece of history Collect this article as an NFTThe price of Bitcoin (BTC) has grown by more than 50% since Tesla unveiled its approximately $1 billion BTC…

A company is giving Facebook users a way to securely send and receive crypto through Messenger — all while keeping sensitive information private.Lite.IM says its bot currently supports four cryptocurrencies: Bitcoin, Ethereum, Litecoin and its own native currency, ZTX.The company says it is “driven by a vision of what the world might look like if…

Many of the builders and investors in the blockchain space believe that the most compelling route to attracting users to the burgeoning crypto-economy is not upending the global financial order but something with significantly lesser stakes: gaming.And this reasoning makes sense. Both video games and cryptocurrencies feature virtual economies running on a shared set of…