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New York Cracks Down on Crypto Pyramid Schemes Targeting Immigrants
8.6.2024
New York Attorney General Letitia James has sued Novatechfx, AWS Mining, and their founders for orchestrating crypto pyramid schemes that defrauded over 11,000 New Yorkers out of more than a billion dollars in cryptocurrency. These companies targeted vulnerable immigrant communities, particularly...
Dumbed down Google and Microsoft AI won’t discuss any presidential elections
7.6.2024
Meanwhile, Anthropic’s Claude 2, Meta’s Llama, and OpenAI’s ChatGPT seemingly have no qualms about discussing elections past, present, or future
Court Strikes Down SEC’s Private Fund Regulation, Citing Overreach
6.6.2024
The U.S. Securities and Exchange Commission (SEC) has lost another court case. On June 5, the 5th U.S. Circuit Court of Appeals overturned the SEC’s Private Fund Adviser rule, which was designed to enhance transparency within the nearly $27 trillion private fund industry. The court found that...
Vitalik Buterin-backed Nocturne protocol shuts down operations overnight
6.6.2024
The announcement comes despite Nocturne raising $6 million in a funding round last October
Most celeb tokens are down 66%+ since Jenner’s bizarre crypto debut
6.6.2024
The Iggy Azalea-launched “MOTHER” is the only token launched by celebrities last week still hitting new all-time highs. It has now amassed a market cap of $130 million
Meme coin market growth slows down – New P2E project presale hits over $1,400,000
3.6.2024
The meme coin trading frenzy that gripped crypto markets for months has taken a breather in recent weeks. Data from CoinMarketCap reveals overall meme coin trading volumes plunged from a $8 billion down to just $5.3 billion in under 3 days as the hype cooled off. However, one presale in particular...
Latam Insights: Paraguay Shuts Down Largest Illegal Bitcoin Mining Farm to Date, Argentina and El Salvador Discuss Bitcoin
3.6.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay shut down the largest illegal bitcoin mining operation to date, Argentine and Salvadoran officials met to discuss bitcoin issues, and Ocean launched...
Paraguayan Authorities Shut Down 2,700 Miners in Largest Anti-Illegal Bitcoin Mining Intervention to Date
31.5.2024
Paraguayan authorities detected and shut down an illegal bitcoin mining farm that had over 2,700 miners connected directly to the country’s power grid. The operation, carried out in the city of Saltos de Guaira and situated near a national power facility, was deemed by authorities as the largest...
Texas Regulator Orders Arkbit Crypto Mining To Shut Down
29.5.2024
A phoney Arkbit cryptocurrency cloud mining enterprise has suffered a significant setback at the hands of the Texas State Securities Board. A cease-and-desist order was issued by the SEC on May 28 against Arkbit Capital for allegedly using dishonest tactics to commit an investment fraud.
The post...
Latam Insights: Venezuela Seizes Over 11,000 Bitcoin Miners, Paraguay Cracks Down on Illegal Bitcoin Mining
27.5.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela seizes over 11,000 bitcoin miners to save energy, Paraguay cracks down on illegal bitcoin mining, and Brazil aims to finalize crypto regulations...
Former Google China boss doubles down: AI to take 50% of jobs by 2027
26.5.2024
Kai-Fu Lee predicted the modern AI zeitgeist back when OpenAI was a non-profit building chatbots
Helldivers 2 Is Facing A Numbers Problem
24.5.2024
Helldivers 2 is crashing back down to Earth. After a meteoric ascent, and a lengthy tenure at the very top of the live-service market, Arrowhead Game Studios’ player count for its cooperative third-person shooter has been in an extended free fall the last several weeks. Now, player counts...
Paraguay Cracks Down on Illegal Bitcoin Mining: Over 550 Miners Seized
24.5.2024
Paraguayan authorities have intensified their efforts to fight illegal bitcoin mining, using innovative techniques including artificial intelligence (AI) and its distribution systems to detect these activities. In less than a week, two new illegal bitcoin mining operations have been closed with...
Uniswap Price Prediction as UNI Reaches For The $10 Mark – Is $50 Possible?
24.5.2024
The Uniswap (UNI) price just dipped to $9.0, just as hopes had been rising that it was about to reach for the $10 mark, with UNI now around 10% down from earlier session highs in the $9.80s.
The post Uniswap Price Prediction as UNI Reaches For The $10 Mark – Is $50 Possible? appeared first...
Traders say Bitcoin price correction a ‘fake out’ before the next leg up
23.5.2024
Bitcoin price reversed course with a surprise 5% correction over the past few days, but analysts say it is a healthy pullback
What’s Happening In Crypto Today? Daily Crypto News Digest
23.5.2024
In crypto news today:
Why is crypto down today?
Elixir Games Acquires RoboKiden and Partners with Ava Labs
Spark Launches Stablecoin Savings Solution on Gnosis Chain
The post What’s Happening In Crypto Today? Daily Crypto News Digest appeared first on Cryptonews
Worldcoin Price Going Down, Buy The Dip Or Sell WLD? This Solana Meme Coin ICO Is Headed to the Top
23.5.2024
Despite the rally in the broader crypto market, the Worldcoin (WLD) price is going down, and investors are asking whether they should buy the dip or sell WLD.
The post Worldcoin Price Going Down, Buy The Dip Or Sell WLD? This Solana Meme Coin ICO Is Headed to the Top appeared first on Cryptonews
Fed Survey Finds 7% of US Adults Using Crypto, Down from Previous Years
23.5.2024
The number of United States adults reporting cryptocurrency ownership or usage has seen a significant decline, according to the latest annual household survey conducted by the Federal Reserve.
The post Fed Survey Finds 7% of US Adults Using Crypto, Down from Previous Years appeared first...
Gate.io Pulls Plug on Hong Kong Venture, Abandons Trading License Application
23.5.2024
Gate.io's Hong Kong entity, Gate.HK, is winding down its operations. It has also withdrawn its application for a crypto trading platform license in the region.
The post Gate.io Pulls Plug on Hong Kong Venture, Abandons Trading License Application appeared first on Cryptonews
Nvidia doubles down on AI future as stock market cap tops $2.5T
23.5.2024
The semiconductor giant plans to accelerate its AI chip production cycle following a bumper revenue report driven by AI data centers