SEC says it could challenge FTX crypto repayment plan
The regulator said that while stablecoin-denominated creditor repayments may not be illegal, it “reserves its rights” to challenge transactions involving crypto assets.
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Coinbase announces $500M crypto buying spree, pledges to invest 10% of future profits into digital assets
CEO Brian Armstrong expects the percentage of profits spent on cryptos to grow over time. 77 Total views 2 Total shares Leading U.S. exchange by trade volume, Coinbase, has revealed plans to add half a billion dollars worth of crypto to its balance sheet.Coinbase CEO, Brian Armstrong, announced that the company’s board had approved the…

Tips to claim tax losses with the US Internal Revenue Service
Crypto volatility is nerve-wracking, and it may not be over yet. The turmoil may make crypto investors and crypto-related businesses less enthusiastic than when prices seemed ever to be climbing. With the market falling off a cliff, there will be big losses to claim on your taxes, right? Not necessarily. As your United States dollars…

Google exposes government-backed misuse of Gemini AI
Google’s report reveals attempts by government-backed hackers to misuse Gemini AI for cyber threats, but jailbreak efforts were unsuccessful.

Yuga Labs accused of IP theft for trademarking BAYC wolf skull logo
NFTs were introduced to the world to help solve the illegal use of intellectual property and protect artists — the very thing Yuga Labs has been accused of doing. 3427 Total views 53 Total shares Own this piece of history Collect this article as an NFTThe iconic wolf skull logo of Bored Ape Yacht Club…

Price analysis 6/28: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, LTC
Bitcoin (BTC) is attempting to stage a relief rally but analysts at JPMorgan Chase believe that the short-term setup looks challenging. However, the analysts also pointed out that the crypto markets had started a healing process.A sign of this 'healing process' was seen when the crypto markets did not react negatively to the news that…

Hackers behind $41M Stake heist shifts BNB, MATIC in latest move: CertiK
A total of $4.8 million in funds have now been moved by the hacker to Bitcoin and now Avalanche. 64 Total views 2 Total shares The hackers behind cryptocurrency casino Stake’s $41 million hack have shifted another $328,000 million worth of Polygon (MATIC) and Binance Coin (BNB) tokens — its latest moves following the Sept. 4

Bitcoin price falls to a multi-month low, but data points to a possible short-term bounce
March started off on a low due to a resurrection of inflationary fears. On March 7, hawkish comments from United States Federal Reserve chairman Jerome Powell amplified the market’s expectation of a 50-basis point hike in the upcoming policy rate meeting on March 22 to March 23. On March 8, the U.S. government’s $1 billion Bitcoin…

Binance shares wallet addresses and activity after proof of reserve pledge
Days after CZ took to Twitter to announce a new proof-of-reserve system for Binance users, the site went live with public details of its wallet addresses and on-chain activity. 1208 Total views 9 Total shares In light of the FTX liquidity crisis and the almost-acquisition by Binance, Binance CEO Changpeng “CZ” Zhao assured his community…