OpenAI raises an additional $6.6B at a $157B valuation
In February 2024, the artificial intelligence company was valued at approximately $80 billion and has grown considerably since that time.
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$740M in Bitcoin exits exchanges, the biggest outflow since June’s BTC price crash
The amount of Bitcoin (BTC) flowing out of cryptocurrency exchanges picked up momentum on Oct. 18, hinting at weakening sell-pressure that could help BTC price avoid a deeper correction below $18,000.Bitcoin forming a "bear market floor"Over 37,800 BTC left crypto exchanges on Oct. 18, according to data tracked by CryptoQuant. This marks the biggest Bitcoin…
Coming to a ConsenSys: JP Morgan Acquisition Paves JPM Coin Growth
According to an all-new report released earlier this week, banking giant JP Morgan is currently in the process of facilitating a merger of its in-house blockchain unit called Quorum with Ethereum-based software developer ConsenSys. The deal is currently under negotiation and is likely to be finalized by the end of Q3 2020.Quorum is a blockchain-based…
Traders say $15.5K level ‘crucial’ after Bitcoin price dips below parabola
Over the weekend numerous traders pointed out that Bitcoin (BTC) price broke its parabolic uptrend which had dated back to September. Technical analysts are bracing for a pullback as the dominant cryptocurrency eyes consolidation.Bitcoin could still see a strong recovery after the weekly close if there is a continuation of the rally. But it would need…
Thailand Vows to Crack Down on Narco Profits Stashed in Commodities and Crypto
Thai authorities are cracking down on drug networks and the methods they use to launder their profits, including cryptocurrency. 669 Total views 21 Total shares Thai authorities are ramping up their efforts to crack down on the country’s drug networks and the ruses they use to launder their multi-million dollar turnovers — including cryptocurrency.AFP News…
Price analysis 3/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB
Bitcoin (BTC) led a sharp sell-off in the cryptocurrency markets on March 9 as the woes at Silvergate Bank and Silicon Valley Bank dented investor sentiment. In addition, crypto-specific news of a suit filed by New York Attorney General Letitia James against cryptocurrency exchange KuCoin for selling securities and commodities without registration increased uncertainty about the…
Bitcoin price returns above $47K as crypto market shrugs off Binance KYC news
Neither Bitcoin nor altcoins are in any mood for cold feet on Friday, with gains in some of the top 10 cryptocurrencies topping 10%. 865 Total views 12 Total shares Bitcoin (BTC) abruptly exited lower levels to challenge firm resistance on Friday in further inspiration for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin coils up…
Fiat-Backed Stablecoins — Attempt to Take the Best of Both Worlds
Stablecoins attempt to be fiat currencies among cryptos. They can be a medium of exchange, a means of storing value and a unit of account. Unlike other digital coins, stablecoins are tied to some kind of stable asset — such as the United States dollar, euro or even gold. Linking to such assets confirms the…
Dorsey & Co Were Aware of Security Issues With Twitter Users Since 2015
Twitter has been warned about security issues related to employees’ credentials since 2015. 1046 Total views 10 Total shares Numerous unnecessary employees at Twitter allegedly have the ability to reset users’ accounts and modify their security settings. This is a problem that Jack Dorsey, chief executive officer, and the company’s board were warned about all…