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California removes teeth from AI law without addressing tech’s core concerns
16.8.2024
The law appears more corporate-friendly, but the implications for consumers are a bit murkier
Bitcoin falls under $60K as investors' global economic slowdown concerns rise
14.8.2024
Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin
WBTC Custody Changes Prompts Defi Moves, Bitgo CEO Disregard Concerns
13.8.2024
The recent announcement of the custody change of WBTC, a wrapped version of bitcoin, has prompted a negative reaction in decentralized finance (defi) protocols that reject Justin Sun’s disclosed relation with the project. Bitgo is moving WBTC custody to a joint venture with Bit Global...
BitGo CEO argues WBTC security is unchanged amid concerns
12.8.2024
BitGo recently announced a new venture to diversify its Wrapped Bitcoin custodial locations, and Justin Sun’s involvement has caused concern for some
Democrats Launch ‘Crypto for Harris’ — White House Officials Address Industry Concerns
9.8.2024
Senior White House officials have reportedly engaged with cryptocurrency leaders to discuss industry concerns, facilitated by Representative Ro Khanna. This initiative continues the Biden-Harris administration’s efforts to engage with the crypto sector. Additionally, the Democrats have...
Bitcoin's Impending 'Death Cross' May Trap Bears as Bank of Japan Eases Rate Concerns
7.8.2024
The ominous-sounding technical price pattern could again trap bears on the wrong side of the market as the Bank of Japan plays down chance of a near-term interest rate hike
Crypto-Related Stocks Slide Amid Global Market Turmoil
5.8.2024
U.S. equities have joined the global downturn, following sharp declines across Asia and Europe, with Japan’s Nikkei suffering significant losses. By 11:15 a.m. EDT on Monday, the five major U.S. stock indices had fallen between 2.5% and 4.5%. This market turmoil has extended...
DraftKings kills NFT business, citing 'legal developments’
31.7.2024
It comes four weeks after a federal judge found DraftKings NFTs fell “within the meaning” of the Securities Act and Exchange Act and thus could be securities
Microsoft investors’ fears escalate over AI’s slow payoff
30.7.2024
Microsoft investors are increasingly anxious about the slow financial returns from its significant investments in artificial intelligence, despite Azure's steady growth
Latam Insights: US Department of State Acknowledges Bitcoin Helped Revive El Salvador’s Tourism, Paraguayan Government Dismisses Power Fee Hike Concerns
29.7.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The U.S. Department of State states bitcoin helped drive tourists to El Salvador, Paraguay dismisses concerns about power fee hikes for bitcoin mining...
Edward Snowden Highlights Political Pitfalls and Privacy Issues in BTC at Bitcoin 2024 Event
27.7.2024
The renowned whistleblower Edward Snowden, former CIA and NSA contractor, delivered a powerful speech emphasizing the pitfalls of political allegiance and the privacy concerns surrounding Bitcoin. He urged individuals to participate in voting but warned against blindly following political...
Hollywood video game performers go on strike, citing AI ‘abuse’
26.7.2024
The American labor union has been trying for 18 months to get a clause preventing publishers from making AI-generated versions of their actors’ work without their consent
Ether Rises Above $3.5K Ahead of ETH ETF Trading, But Inflow Concerns Remain
23.7.2024
Market observers expect ether to outperform bitcoin in the coming weeks as the token gives exposure to a flourishing Ethereum ecosystem
ECB Maintains Interest Rates Amid Persistent Inflation Concerns
18.7.2024
The European Central Bank (ECB) maintained its interest rates on Thursday, indicating that domestic price pressures and elevated inflation levels will persist into next year. After a recent rate cut, the ECB adopted a cautious stance, suggesting more evidence is needed before making another move....
OKX exchange exiting Nigeria due to regulatory concerns
17.7.2024
Though the announcement came as a surprise to many users, OKX has been winding down features in the Nigerian market for months
Nigerian prison doctor detained over Binance executive’s health concerns
17.7.2024
Gambaryan’s family has expressed concern about his well-being and appealed to the EFCC to release him and pursue its investigation into Binance instead
Nigerian prison doctor detained over Binance executive’s health concerns
17.7.2024
Gambaryan’s family has expressed concern about his well-being and appealed to the EFCC to release him and pursue its investigation into Binance instead
Global Bond Market Alarm: 26 Countries Now Facing Inverted Yield Curves
13.7.2024
While the U.S. recently marked the longest period of inverted bond yields in history, surpassing two years, data indicates that a total of 26 countries now have an inverted yield curve. Investors and economists closely monitor yield curve inversions, as they have historically signaled an increased...
Former OpenAI employee quit to avoid ‘working for the Titanic of AI’
11.7.2024
The real question is: Who or what is the iceberg in this scenario?
Phoenix BCH Miner Elevates Hashrate to New Highs, Raising Concerns Within the Community
5.7.2024
The rise in hashrate allocated by unknown miner Phoenix to the BCH network has raised questions about the true motives of this action. Phoenix took BCH’s hashrate to over 10 EH/s, processing a relevant part of all the blocks and receiving the correspondent subsidy during the last days,...