Meta loses bid to wriggle out of billionaire’s crypto scam ad lawsuit
Meta cited a section of a 1996 federal law in an attempt to escape a crypto ad lawsuit from Australian billionaire Andrew Forrest, but a U.S. federal judge said it wasn’t enough.
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OpenAI has a ‘highly accurate’ tool to detect AI content, but no release plans
The company expressed worries that its detection system could somehow “stigmatize” the use of AI among non-English speakers.
Bitcoin ‘liveliness’ lowest since 2021 amid new 5-year BTC hodl record
Bitcoin (BTC) long-term holders are knuckling down as a record portion of the BTC supply stays dormant for years.Data from on-chain analytics firm Glassnode confirms that the percentage of the supply now stationary for at least five years is higher than ever.2017 BTC buyers not this year's sellersBitcoin has recovered almost 40% from its macro…
Maybe it WAS illegal: Mango Markets exploiter arrested on fraud charges
The crypto trader behind the $110 million exploit of decentralized exchange Mango Markets has been arrested in Puerto Rico — and charged with market manipulation and fraud.According to a previously sealed complaint filed with the Southern District of New York and made public on Dec. 27, the Federal Bureau of Investigation (FBI) pinned Avraham Eisenberg…
Deutsche Bank analyst: Bitcoin will be ‘ultra-volatile,’ but it’s here to stay
An analyst from global banking giant Deutsche Bank expects Bitcoin will enjoy a “first-mover advantage" over other cryptocurrencies for the foreseeable future. 131 Total views 2 Total shares Marion Laboure, an analyst at Deutsche Bank’s research division, said she can envision Bitcoin taking the role of digital gold in the future: lasting for centuries and…
$1 Billion Liquidated as Bitcoin Price Crashes by $1.4K in Minutes
The price of Bitcoin (BTC) and Ethereum’s Ether (ETH) plunged by 13% and 21%, respectively, within minutes on Aug. 2. The move liquidated more than $1 billion worth of futures contracts as BTC/USD dropped from around $12,000 to as low as $10,550.BTC/USD 1-hour chart. Source: TradingviewThere appear to be two main reasons behind the sudden…
Why Bitcoin’s market cap just hit a new record high before the price did
The latest leg of Bitcoin’s (BTC) recent rally saw its market cap push above $330 billion for the first time ever as prices rallied above $17,750 late Nov. 17.According to CoinGecko, Bitcoin’s previous record capitalization of $329.3 billion was posted on Dec. 16, 2017, amid the market’s all-time high price rally to test $20,000.BTC market…
Just 2 million Bitcoin left: Bitcoin hits the 19 million milestone
The 19 millionth Bitcoin was mined, leaving just 2 million BTC to be mined over the next 100 years. 608 Total views 24 Total shares The 19th millionth Bitcoin (BTC) was mined on Friday, a landmark occasion for the number one cryptocurrency. Nineteen million Bitcoin are now in circulation, with just 2 million Bitcoin yet…
China Extends Crypto-Related Promotion Ban Beyond the Capital
China’s anti-crypto onslaught continues, as a prohibition against commercial venues from hosting crypto-related events has been extended to Guangzhou Development District, local media outlet Jiemian reports August 29. Guangzhou Development District is a special economic zone in southern China, close to Hong Kong. The district’s Financial Development Bureau reportedly issued a notice of the new…