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Ukraine's Draft Bill on Digital Currencies Undergoes First Parliamentary Hearing
Ukraine's proposed draft bill for regulating digital assets in the country has passed its first parliamentary hearing.
Mike Novogratz Believes Bitcoin Will Solidify Bill Gates' GOAT Status
Galaxy Digital founder and CEO Mike Novogratz believes Bill Gates could gain and solidify his status if he owned Bitcoin.
Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill
Crypto businesses may be offered a regulated path to legalization in the state of Louisiana. The proposed bill has been backed by Louisiana state representative Mark Weight. Should the bill be passed, the state would have a regulated crypto framework to operate within and would provide an official definition of traditionally ambiguous cryptocurrency-related terms.
Indian Bill To Ban Cryptocurrency Excluded From Winter Parliament Agenda
The bill to ban cryptocurrency trade in India has been left of its parliamentary winter session agenda, fueling speculation that there has been a change in strategy.
DFA Bill Passed, But Central Bank of Russia Still Thinks Cryptos Are Criminal
Despite the Digital Financial Assets bill being passed by the State Duma, Russia’s Central Bank has nevertheless argued that crypto transactions are not deemed as legitimate investments.
US Congress Examines Draft Stablecoin Bill While Facebook Will Not Launch Libra Until US Regulators Approve
The United States Congress has been considering drafting a bill that argues that all managed stablecoins must be treated as investment contracts and hence are securities.
Georgia Proposes Bill Where Crypto Will be Part of High School Curriculum
Georgia lawmakers have passed a bill that recommends cryptocurrency to be integrated into the high school curriculum.
Bill Gates Will Not Be Joining The Bitcoin Bandwagon Anytime Soon and Neither Will Microsoft
Billionaire philanthropist Bill Gates was probed about his views on Bitcoin in an interview with CNBC's Squawk Box.
Bitcoin Price to Rally Higher as President Trump Signs $900 Billion Stimulus Bill
President Trump has signed the $900 billion pandemic relief bill, adding to the Fed's mounting debt catalyst for the Bitcoin (BTC) price to continue its sensational rally.
Spain To Draft New Bill That Will Enforce Full Crypto Holding Disclosure From Citizens
Spain is drafting a bill that will make it mandatory for crypto asset holders to disclose the value of their assets for tax purposes.
Microsoft’s Bill Gates on Big Tech Antitrust Hearing – Government Scrunity Inevitable with Tech Success
Bill Gates discussed the antitrust hearing opposing US congress and Big Tech - Amazon, Apple, Facebook, and Google (Alphabet) - and gave his input.
California Crypto Bill Seeks to Measure the Consumer Impact of Digital Assets
California’s Senate Banking and Financial Institutions Committee has unanimously passed Assembly Bill 2150 which will help define digital assets as well as to measure its potential impact on the state and consumers
Bill Gates' COVID Conspiracy Grows In Italian Parliament, Allegations of Population Control by Political Anti-Vaxxer
The COVID-19 pandemic has brought many subjects to the forefront: our reliance on oil, manufacturing in China, the need for digital dollars, the frailty of our global supply chain, and our lack of preparation to deal with the outbreak. However perhaps the strangest topic online and the most unavoidable has been the conspiracy theory chasing Bill Gates and his foundation’s efforts to produce a vaccine. The accusations range from him directly being the cause of the pandemic, to being the head of an Illuminati like circular cabal bent on controlling the world through microchips, and now an insidious plan to depopulate the planet of billions of people.
Billionaire Investor Mike Novogratz Refuses to Lose Faith in Bitcoin
Mike Novogratz, the CEO and founder of Galaxy Digital asset management company, explains why he still loves cryptocurrencies.
OneCoin Co-Founder Sentenced to Two Decades in Prison Over Multibillion-Dollar Fraud
Karl Sebastian Greenwood, co-founder of the OneCoin cryptocurrency scheme, has been sentenced to 20 years in prison for deceiving millions of investors worldwide, leading to losses exceeding $4 billion. The scheme, based in Sofia, Bulgaria, was marketed as a revolutionary cryptocurrency, but was later revealed to be a sham. Greenwood and co-founder Ruja Ignatova used the scheme to finance extravagant lifestyles.
EU Parliament Passes Cybersecurity Legislation for Crypto and Fintech Firms
The European Parliament has passed a bill titled Digital Operational Resilience Act (DORA) addressing the cybersecurity of crypto and fintech companies.
Hong Kong Monetary Authority Announces Results of RMB Bills Tender
The Hong Kong Monetary Authority revealed the results of the People’s Bank of China RMB Bills tender held on June 19, 2024.
AssemblyAI Enhances Speaker Diarization Accuracy, Introduces Billing Alerts
AssemblyAI improves Speaker Diarization accuracy by 13%, adds 5 new languages, and introduces billing alerts for better spend management.
Ethereum Foundation Introduces Cohort 4 of the Next Billion Fellows
The Ethereum Foundation unveils seven new fellows in its Next Billion Fellowship Program, highlighting projects aimed at global good.
HKMA Releases Tentative Schedule for Exchange Fund Bills and Notes for Q4 2024
The Hong Kong Monetary Authority has issued a tentative schedule for Exchange Fund Bills and Notes for the fourth quarter of 2024.
Hong Kong Monetary Authority Announces Tender Results for PBOC RMB Bills
The Hong Kong Monetary Authority (HKMA) announced the results of the tenders for the People's Bank of China (PBOC) RMB Bills held on 21 August 2024.
People's Bank of China RMB Bills Tender Results Announced by HKMA
The Hong Kong Monetary Authority announced the results of the People's Bank of China's RMB bills tenders, highlighting the issuance of three-month RMB bills on November 20, 2024.
Hong Kong Monetary Authority Reports Successful Tender of RMB Bills
The Hong Kong Monetary Authority announced results from the tender of six-month RMB Bills by the People's Bank of China, held on December 18, 2024.
United States Congress Will Vote on American COMPETE Act to ‘Beat China’ in Blockchain Technology
United States Congress will vote today on a bill that specifically aims to ensure the US remains competitive with China in the race for blockchain supremacy.
Bitcoin Is Good for Elon Musk but It May Not be for All Investors, Says Bill Gates
Bill Gates has been probed about Bitcoin and his views regarding the digital asset since the cryptocurrency has been the talk of Wall Street recently.
Hedge Fund Billionaire Marc Lasry Wishes More Bitcoins To Accumulate
US billionaire hedge fund manager, Marc Lasry, acknowledged that he regrets not purchasing enough Bitcoin in the past. He has predicted that Bitcoin would see adoption growth and an increase in price.
“We Can’t Let China Beat Us,” Document shows US Regulators Want to Pass a National Blockchain Bill
Lawmakers in the US are coaxing the federal government to consider a national blockchain strategy for regulation and growth, citing China’s Blockchain Service Network as an example.
Ripple CEO Brad Garlinghouse Criticizes India’s New Bill Seeking to Ban Crypto Trading
Ripple CEO has responded to reports that India intends to introduce a ban on crypto trading.
South Dakota Governor Vetoes Bill Excluding Cryptocurrencies from State's Definition of Money
Governor Kristi Noem of South Dakota has vetoed House Bill 1193, which sought to exclude cryptocurrencies from the state's definition of money. The governor believes that the bill would put South Dakota at a disadvantage and potentially lead to future overreach from the federal government in issuing a digital dollar.
Bill Gates Planned COVID-19 Pandemic via Deep-state 'Circular Cabal', says Disgraced Dr. Mikovits
A recent clip from a soon to be released documentary called ‘Plandemic’ features a disgraced virologist Dr Judy Mikovits accusing a sinister corporate controlled “circular cabal” led by Bill Gates himself, of creating the coronavirus pandemic.
Upcoming Movie Storyline Focuses on Anonymous Bitcoin Creator Satoshi Nakamoto
Decrypted, a movie speculated to be released by December 1, 2020, focuses on Satoshi Nakamoto’s persona as part of their story outline.
Bitcoin Billionaires Movie to Tell the Winklevoss Twins’ Story
The Winklevoss brothers have teamed up with Stampede Ventures to bring their best-selling biography, ‘Bitcoin Billionaires’ to the big screen.
StanChart CEO Bill Winters: Mass Adoption of Digital Currencies is "Absolutely Inevitable"
Standard Chartered CEO Bill Winters delved into the issue of digital currencies and said that he believes their widespread creation and rollout was absolutely inevitable.
US Senators Introduce Bipartisan Stablecoin Bill to Establish Regulatory Framework
Senators Kirsten Gillibrand and Cynthia Lummis have introduced the Lummis-Gillibrand Payment Stablecoin Act, a new bipartisan legislation aimed at creating a clear regulatory framework for payment stablecoins. The bill aims to protect consumers, promote innovation, and maintain the dominance of the US dollar while addressing concerns related to money laundering and illicit finance.
Billionaire Investor Tim Draper: Why Millennials Should Consider Investing in Bitcoin
The future of Bitcoin remains a hot topic. Billionaire venture capitalist, Tim Draper, calls Bitcoin as the way of the future. Draper had a recent interview with Foxbusiness, a session whereby he advised millennials that if they really want to retire rich, then they need to invest in Bitcoin.
Charles Hoskinson Proposes Solution to Fix Twitter’s Problem, Taking Digital Identity to the Blockchain Age
With the recent Twitter hack, implicating individuals including Elon Musk, Bill Gates, Joe Biden, and a few others, Cardano founder Charles Hoskinson spoke about the issue in his most recent Whiteboard video.
Billionaire Investor Howard Marks Changes His Mind on Bitcoin as Demand for Crypto Rises
Billionaire Howard Marks has acknowledged that the growing demand of Bitcoin has shifted his perspective.
US Lawmakers Introduce ‘ECASH Bill’ Aimed at Creating Digital Dollar
The bill, dubbed the Electronic Currency and Secure Hardware (ECASH) Act, was introduced on Monday.
US House to Hold Joint Hearings on Digital Assets
The House Financial Services Committee, Agriculture Committee, and subcommittees will hold joint hearings in May on establishing a bill to provide regulatory clarity to the digital asset ecosystem. The hearings will focus on addressing the market structure and striking a balance between protecting consumers and promoting responsible innovation. The goal is to report a bill out that deals with the capital raising piece for digital assets, all the way through to how a product can go from a securities regime to commodities regime, while preserving rights around products that do not fit into either regime.
To Criminalize or Not to Criminalize Bitcoin and Crypto? Moscow Reconsiders
The State Duma is discussing its legislative plans regarding Bitcoin and cryptocurrency usage and has been reported to seemingly have a change of heart regarding digital assets adoption in Russia.
Bill Gates Foundation’s COVID-19 Vaccine is a Satanic Plot says Oscar-Winner
Microsoft’s recent patent for a human powered crypto mining system based on sensors that convert physical or mental activity into computer power has generated a lot of interest and captured the imagination of the public, but perhaps some are looking a little too closely.
Hedge Fund Billionaire Ken Griffins Manages to Outbid for Copy of US Constitution
Hedge Fund billionaire Ken Griffins outbid a coalition of crypto investors to buy a rare, first-edition copy of the US constitution at a Sotheby’s auction.
Bill Ackman predicts crypto will remain
Bill Ackman says he remains bullish about cryptocurrencies, despite recent challenges. Ackman is the CEO and founder of hedge fund management firm Pershing Square Capital Management. He believes there's a need to increase oversight and remove "fraudulent actors". The billionaire has called for the removal of regulatory barriers and easing of regulations in New York.
Billionaire Stan Druckenmiller Owns Less Bitcoin than Gold, but says BTC has Better Risk-Return Potential
“I’m a bit of a dinosaur, but I have warmed up to the fact that Bitcoin could be an asset class,” said Stanley Druckenmiller during an interview with CNBC.
Crypto Winter Beats Top Crypto Billionaires from US Ranking - Forbes
The downturn in the broader digital currency ecosystem has hit some notable billionaires in the US, pulling four names out of the wealthiest American’s list according to Forbes data.
Bill Miller: Bitcoin- Still A Safe Investment Despite Market Crash
Despite Bitcoin investing receiving more attention about its volatility, renowned US fund manager and investor, Bill Miller, believes that there is still a good reason to own the crypto.
One of the Richest Men in Mexico Invests in Bitcoin, saying “Paper Money is Worth Nothing”
One of the wealthiest men in Mexico, Ricardo Salinas Pliego has just revealed that he had invested 10% of his liquid portfolio in Bitcoin (BTC).
Billionaire Paul Tudor Jones Looks to Buy Bitcoin as A Portfolio Hedge Against Inflation – Here's Why
According to Bloomberg's report on Thursday, billionaire hedge fund manager Paul Tudor Jones is buying Bitcoin to hedge against inflation as central banks across the world print money to relieve economies affected by coronavirus pandemic. Tudor is one of Wall Street’s most seasoned and successful hedge fund managers. He is the CEO and founder of Tudor Investment Corp, which is a hedge fund company that managed $8.4 billion as of March 30, based on data from the SEC (Securities and Exchange Commission).
Maple Finance Opens Cash Management Solution to U.S. Investors, Backed by U.S. Treasury Bills
Maple Finance opens Cash Management to U.S. Accredited Investors, offering yield backed by U.S. Treasury bills.
Nansen CEO Predicts Six Key Trends in Crypto
Nansen.ai CEO, Alex Svanevik, outlined six pivotal crypto trends on Twitter, emphasizing the synergy of fintech and crypto, DeFi's potential in gambling, the growing relevance of real-world assets like T-bills, the impending rise of Web3 gaming, SocialFi's development, and Physical NFTs' retail integration. The thread also welcomed community input, reflecting on other emerging trends like blockchain in fantasy sports.
News Industry Grapples with Financial Woes and AI Disruption
The news industry faces declining advertising revenue, declining subscriber growth, and AI-driven disruptions, necessitating strategic shifts and legal disputes to adapt to digital advertising trends.
Global Cryptocurrency Exchange Platform Market to Hit $110.12 Billion by 2028
The global cryptocurrency exchange platform market is expected to grow from $45 billion in 2023 to $110.12 billion by 2028, driven by increased demand from crypto gaming and the rise of PlayToEarn games. Blockchain technology's decentralized nature is also gaining traction in decentralized finance platforms and smart contracts. The market is competitive, with North America leading, Europe, APAC, Latin America, and the Middle East & Africa being key growth areas.
Bitcoin on Showtime: Winklevoss Biographer Writes BTC Mining Plot for Billions
Sunday’s episode of the Showtime series Billions featured a cryptocurrency mining scheme being executed in a prep school.
Infrastructure Bill: Is Treasury Sec Against the Proposed Amendments?
US Treasury Sec is opposed to the pro-Bitcoin amendments to the infrastructure bill. Here are some insights behind the story.
Report: Visa Blocks $30 Billion in Fraud, Highlighting Crypto and NFT
Visa Inc.'s Fall 2023 Biannual Threats Report highlights the rise of sophisticated fraud schemes in retail and eCommerce sectors, with online merchants accounting for 58% of total fraud and breach investigations. The company has prevented $30 billion in fraud in the last six months, collaborating with global law enforcement.
Bill Gates Denies COVID-19 Vaccine Microchips and Satanic Conspiracy Theories
Bill Gates, Microsoft Founder and billionaire philanthropist, has responded to conspiracy theories that his charity foundation is planning to use the coronavirus vaccine to implant microchips into the global population. The conspiracy itself appears to have started with a patent for a very innovative cryptocurrency mining system filed by Microsoft earlier this year.
Billionaire John Paulson Describes Crypto as “Worthless Bubble”, Will Eventually Crash to Zero
Legendary Billionaire investor, John Paulson, has trashed cryptocurrency. Paulson now calls cryptocurrencies a bubble that will eventually prove to be worthless. He instead recommends gold as a safe haven asset.
New York Seeks to Stop Bitcoin Mining For 3 Years Until Environmental Impact Assessment Done
A new bill could force crypto firms to halt their Bitcoin mining activities in New York state.
Market Sees Broad Price Slump as Bulls Refuse to Hold the Forte
Bitcoin, Ethereum and the majority of altcoins are shedding off their price gains in the past couple of days
Australian Senator Proposes Digital Asset Regulation Bill
Senator Andrew Bragg has proposed a Digital Assets (Market Regulation) Bill 2023 to regulate cryptocurrency services in Australia. The bill recommends stablecoin regulations, licensing of exchanges, and custody requirements to protect consumers and promote investment.
US Senate Bill Proposes to Empower CFTC to Oversight Tokens & Digital Assets
Top U.S. Senators have introduced a bill that seeks to give the Commodity Futures Trading Commission (CFTC) the sole responsibility of overseeing the biggest cryptocurrencies.
OpenTrade and WOO X Unite to Offer Tokenized T-Bills to Asian Investors
OpenTrade collaborates with WOO X to unveil access to tokenized T-Bills for Asian investors. This partnership, leveraging Circle Research’s Perimeter Protocol, is a response to the escalating demand for tokenized T-Bills over DeFi yields. Concurrently, WOO X advances its strategic footprint in South Korea, aligning with CODE compliance solutions to broaden its product accessibility in the region.
Microsoft’s Crypto Patent Fuels Another Right Wing Satanic Conspiracy By Ex-CIA Agent
Ex-CIA agent Kevin Shipp has dragged Microsoft's crypto-mining patent right back into the center of another right-wing conspiracy.
Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt
The Texas State Securities Board has taken decisive action against Abra by issuing an Emergency Cease and Desist Order. The order, also directed at Abra's CEO, William (Bill) Barhydt, alleges securities fraud and misleading statements in connection with Abra's digital asset depository accounts.
How US’s New Infrastructure Bill Could Choke the Crypto Market?
Crypto experts have speculated the US’s new infrastructure bill might impact investors already investing in cryptocurrencies like Bitcoin in the nation.
Elon Musk Confirms Russian Bitcoin Ransomware Attack Targeting Tesla, FBI to the Rescue
Elon Musk confirmed that Tesla was recently targeted in a ransomware attack set to extort $1 million in Bitcoin from the car manufacturing giant.
Crypto-Spring in Bloom as Institutions and Billionaire "OG" Investors Mature Towards Bitcoin
The Bitcoin price hit its peak of around $20,000 at the end of 2017, but over the last two years it has been trading at around half that value. Along with Bitcoin, other cryptocurrencies that take their cue from the success of the pioneer crypto, have also not achieved anything close to their values at the end of the 2017 ICO rush. But times are changing and according to Alexis Ohanian, co-founder of Reddit and early investor in Coinbase believes the crypto winter is thawing and asserts that we are on the cusp of a ‘crypto spring’.
Billionaire Chris Kirubi Warns Followers of Bitcoin Scammers Impersonating the Kenyan Tycoon
Dr. Chris Kirubi continues fighting against Bitcoin scams using his name as an endorsement.
Bloomberg: Changpeng Zhao's Net Worth Surges to $37.2 Billion
Changpeng Zhao's net worth has risen $25 billion since December 2022, ranking him 35th in the Bloomberg Billionaires Index despite facing legal challenges.
Twitter Says Bitcoin Hack Originated From Phone Phishing Attack
On Thursday, Twitter provided an update addressing the massive Bitcoin hack that overtook its platform earlier this month.
A cryptocurrency mining rights bill prohibit the discrimination of crypto
The Montana Senate approved a law to protect cryptocurrency miners from discrimination.
Twitter CEO Jack Dorsey Apologizes for Bitcoin Hack, But Not Before Dutch Politician Was Compromised
Twitter CEO Jack Dorsey came forward on Thursday to apologize thoroughly for his social network company’s failure to prohibit and shut down Bitcoin scam artists' digital heist of important verified accounts, that ranged from that of tech moguls Elon Musk and Bill Gates to political figure Joe Biden.
Warren Buffett: Cryptocurrencies Do Not Have Any Value And I Will Never Own Any
Business magnate, CEO and Chairman of Berkshire Hathaway, Warren Buffett on Monday, Feb. 24, confirmed his resentment for cryptocurrency.
Virginia Proposes Regulatory Framework for Digital Asset Mining and Transactions
Virginia Senate Bill No. 339, introduced by Senator Salim, aims to regulate digital asset mining and transactions, exempting businesses from certain licenses and providing tax benefits for digital asset exchanges.
Senator Lummis: Voting on Infrastructure Bill Amendments Will Be a Win for the Digital Asset Community
With all forms of Amendment on the Infrastructure Bill under threat, Sen Lummis has explained why the crypto industry will win should an amendment be voted on.
How the 2021 Infrastructure Bill Impacts Cryptocurrency Reporting and Tax
The 2021 Infrastructure Bill requires IRS reporting for crypto transactions over $10,000, expanding cash definition to digital assets, and requiring brokers to report customer details within 15 days.
UK's Bank Regulator to Propose Rules for Digital Asset Issuance
The Prudential Regulatory Authority (PRA) in the United Kingdom is set to propose rules for issuing and holding digital assets, according to Vicky Saporta, executive director of the Prudential Policy Directorate at the Bank of England. The rules will be developed in compliance with the Basel III rules and the Financial Services and Markets (FSM) bill currently being considered by Parliament.
Ackman Urges US Government to Guarantee SVB Deposits
Billionaire hedge fund manager Bill Ackman has warned the US government that failing to guarantee all deposits held by Silicon Valley Bank (SVB) within 48 hours could result in the destruction of several financial institutions. Ackman argued that a "giant sucking sound" would be heard from the withdrawal of substantially all uninsured deposits from all banks, which would lead to a drain on liquidity from community, regional, and other banks.
19 Crypto Billionaires Rank among Forbes’ Annual World’s Billionaires List, Increased by 58% from Last Year
The number of crypto billionaires increased from 12 in 2020 to 19 in 2021, increased by 58%, according to the Forbes’ Annual World’s Billionaires list.
Tether Q3 Attestation: 85.7% Cash Reserves, $330M Loan Cut, $670M Research Spend
Tether's Q3 2023 attestation shows historic liquidity, 85.7% reserves in Cash & Cash Equivalents, reduced secured loans, and robust investment in industry research, ensuring financial resilience amid market fluctuations.
Taiwan's Legislature Considers Virtual Asset Management Bill to Protect Consumers
The Taiwanese Legislature is deliberating on a new Virtual Asset Management Bill aimed at fostering better consumer protection and industry oversight. The bill, seen as moderate, outlines pragmatic mandates for VASPs while leaving room for further regulatory fine-tuning, marking a significant step in Taiwan’s evolving digital asset regulatory landscape.
Virginia Proposes Regulatory Framework for Digital Asset Mining and Transactions
Virginia Senate Bill No. 339, introduced by Senator Salim, aims to regulate digital asset mining and transactions, exempting businesses from certain licenses and providing tax benefits for digital asset exchanges.
Bill Gates Confused by Trump’s Terms for Microsoft TikTok Deal, Twitter Reportedly Joins Race
Microsoft may be entering the social media ecosystem should they acquire TikTok, in a deal that Bill Gates is calling a poisoned chalice. Meanwhile, Twitter is now rumored to be in talks with ByteDance—TikTok’s parent company—to potentially reclaim their old video Vines territory.
Analysis: Here is What the New Crypto Bill Mean for the Blockchain Ecosystem?
What are the implications of the newly introduced US Crypto Bill? Blockchain.News recently spoke to crypto experts to comment on the consequences of the bill, and tell us what advantages might bring to the industry.
How Bitcoin will react to US Government Shutdown
The impending US government shutdown threatens to delay the SEC's approval for a spot Bitcoin ETF, amongst other financial repercussions. The scenario also underscores the growing frequency of federal shutdowns and the persistent concerns of credit rating agencies over the US's fiscal policymaking, all of which could have broader implications for both traditional and crypto financial markets.
Dogecoin Founder Criticizes Memecoin Creators as Get-Rich-Quick Schemes Proliferates
Billy Markus, the iconic founder of the Dogecoin (DOGE) memecoin, has lashed out on his Twitter handle as he called out a new generation of developers looking to get rich quick through memecoin creations.
US Senators Made Bipartisan Compromise on Crypto Clause in Infrastructure Bill
The group of Senators pushing for amendments to the Infrastructure Bill has arrived at a compromise as confirmed in a press conference held on Monday.
Former Binance Labs Head Bill Qian Joins Cypher Capital as Chairman
Dubai-based cryptocurrency investment firm Cypher Capital has hired former Binance Labs head, Bill Qian, as its chairman, The Information reported.
SEC Chair Says Lummis-Gillibrand Bill Could ‘Undermine’ Market Protections
The legislation bill provides a framework that develops clear standards and defines appropriate jurisdictional boundaries.
Elon Musk Responds to Dogecoin Founder's Drastic Income Reduction
Elon Musk, CEO of Tesla and SpaceX, responds to Dogecoin founder Billy Markus's decrease in social media earnings, highlighting the complexities of monetization algorithms and the fairness of revenue-sharing models, amidst increasing competition in the market.
The Crypto Boom: Why it’s Not 2017 Déjà Vu
But for those who think the explosive rise in Bitcoin and digital currencies may just be another repeat of 2017, you’re barking up the wrong tree.
India Proposes Effective Ban for All Private Crypto Assets, Except a Few In Forthcoming Bill
Most cryptocurrencies appear to be on their last lap in India. The country is set to propose a ban for most digital assets starting at the end of this month.
Bill Miller Touts Bitcoin and Coinbase Stocks as Good Investments while Issuing a Warning to Altcoins
Renowned Wall Street investor Bill Miller is once again advising investors to capitalize not only on Bitcoin but also Coinbase stocks and issues warn on altcoins.
Twitter Hack Goes Viral as Bill Gates, Elon Musk, and Biden Hit by Massive Bitcoin Scam
Twitter has gone haywire as news of a Bitcoin scam hack targeting multiple high-profile figures such as Bill Gates, Elon Musk, Joe Biden, Jeff Bezos, and even multinational tech company Apple has broken out.
Solidus Labs Reports $2 Billion in Wash Trades on Decentralized Exchanges
Solidus Labs has revealed that at least $2 billion worth of cryptocurrency has been wash-traded on Ethereum-based decentralized exchanges (DEXs) since 2020. The study analyzed 30,000 DEX liquidity pools, finding 67% were tainted by wash traders. Solidus Labs has developed tools to identify and counteract market manipulation, including Token Sniffer and DEX-based A-A Wash Trading Detection. The partnership aims to ensure safe crypto trading across both centralized and DeFi markets.
Non-US FTX Customers Want Bankruptcy Files Suppressed
A group of non-U.S. FTX customers wants court records to redact their identities and sensitive information. FTX.com's $1.9 billion frozen assets are represented by the Ad Hoc Committee. On December 12, the U.S. Trustee objected to the initial motion.
OpenAI in Advanced Funding Discussions Targeting Over $100 Billion Valuation
OpenAI is in talks to raise over $100 billion in funding, potentially making it the second most valuable U.S. startup, with discussions also involving a chip venture with G42.