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ChainGPT Leads Web3-AI at Token2049 Singapore: Collaborating With Tron, Certik, and More
15.9.2024
PRESS RELEASE. Singapore, 15.9.2024 — ChainGPT, a leading AI-driven blockchain solution, is proud to announce its co-hosting role in three major side events during TOKEN2049, one of the world’s premier crypto and blockchain conferences. Set in the vibrant city of Singapore, these events provide...
Fedwatch Tool Shows 50-50 Chance for 25bps or 50bps Cut Before FOMC
15.9.2024
The market is holding out hope for a bigger rate cut as the Federal Open Market Committee (FOMC) prepares to meet on Wednesday. Predictions from Polymarket and CME’s Fedwatch tool suggest there’s a growing expectation that a 50 basis points reduction could be in play. FOMC Meeting Could See Bigger...
$135.4M in Dormant Bitcoin Revived by Mid-Sept., 2016 Wallets Dominate Activity
15.9.2024
According to the latest figures, 32 dormant bitcoin transactions have surfaced during the first two weeks of September 2024, with a hefty 2,253.54 BTC spent so far. When it comes to the biggest spenders, btcparser.com shows wallets dating back to 2016 took the lead, moving a total of 1,549.51...
Billions in Settlements Disrupted, Blockchain Gaming Boom, and More — Week in Review
15.9.2024
Recent Western sanctions have disrupted over $55 billion in trade settlements between Russia and Turkey. Cameron Thacker of Mythical Games believes the current blockchain gaming surge is more stable, as it focuses on better user experiences rather than hype. In the UK, a new bill recognizes digital...
Binance Warns of Malware Targeting Crypto Addresses, Urges Users to Always Verify
15.9.2024
Cryptocurrency exchange Binance has alerted users to a rise in “Clipper malware” attacks that can steal crypto funds. The malware intercepts wallet addresses, replacing them with attackers’. Binance said it has implemented security measures and provided tips to users, including...
HTX Integrates Lightning Network for Faster Bitcoin Payments
15.9.2024
HTX has announced the integration of Bitcoin’s Lightning Network, a second-layer payments protocol designed to facilitate faster and cheaper transactions. This move aims to enhance the efficiency of Bitcoin payments and withdrawals on the platform, significantly reducing transaction times...
Closure of Bitcoin Mining Center Causes Spike in Power Bills for Citizens in Norwegian Municipality
15.9.2024
The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability to allocate the energy used by the operation to other purposes. While citizens and Hadsel’s mayor celebrated this development because of the noise...
Two-Year Investigation Yields Partial Recovery in Crypto Scam
15.9.2024
San Luis Obispo County Sheriff’s detectives in California, United States, have recovered nearly $5,000 of the $17,000 stolen in a cryptocurrency scam targeting victims in Los Osos two years ago. On Sept. 12, 2022, the victims informed authorities that they were deceived by a scammer posing...
Regina’s Web3 Gaming Odyssey: My First Web3 Quest
15.9.2024
Regina never thought she’d be writing about games again, let alone Web3 games. But she was given the opportunity to lead a new recurring Web3 gaming segment. She is live streaming her adventure For her first game, Regina became fully immersed in the world of Spellborne — a Web3 game that...
Web3 Innovator: UK Crypto Community Sees Brighter Future Under Labour Government
15.9.2024
The UK’s crypto community has a reason for optimism with the new Labour government, according to Harry Horsfall. Backed by a large parliamentary majority, the Labour government is seen as potentially more decisive in pushing policies favourable to the Web3 industry. Horsfall, CEO of Flight3...
US Sentences 12 in $3.5 Million Cryptocurrency Heist Involving Violent Home Invasions
15.9.2024
The U.S. Department of Justice (DOJ) has sentenced 12 individuals for a series of violent home invasions aimed at stealing over $3.5 million in cryptocurrency. The group’s leader received 47 years in prison, while his accomplice was sentenced to 20 years. “The victims were held...
Bitcoin Investor Faces Prison Time for Underreporting Crypto Gains
15.9.2024
A bitcoin investor has pleaded guilty to underreporting his cryptocurrency gains, including $3.7 million from BTC sales, resulting in a tax loss to the Internal Revenue Service (IRS) of over $550,000. The Department of Justice emphasized that taxpayers must accurately report crypto transactions...
Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network
15.9.2024
Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims to integrate regulated digital currencies into Swift’s platform, building on past experiments. “We’re paving the way towards real-world solutions that...
Robert Kiyosaki Advises Investing in Bitcoin as US Dollar Becomes Trash
15.9.2024
Robert Kiyosaki, author of Rich Dad Poor Dad, has criticized the debate over whether bitcoin or gold is better. He stressed that the only facts that matter are how much gold and bitcoin you own, pointing to the $35 trillion U.S. debt as the real issue. Cautioning that the bond market is crashing...
Lawmakers Call on Top 10 Bitcoin ATM Firms to Address Crypto Fraud Concerns
15.9.2024
Seven Senate Democrats have called on the 10 largest bitcoin ATM operators in the U.S. to address growing crypto fraud that targets elderly Americans. The lawmakers explained that scammers are reportedly exploiting the anonymity of cryptocurrency transactions to steal from seniors through bitcoin...
Kenya Acting to Curb AI Disinformation, President Ruto Says
14.9.2024
Kenyan President William Ruto announced measures to prevent artificial intelligence (AI) from spreading disinformation, alongside the launch of the Fifth National Action Plan on Open Government Partnership. The initiative aims to foster international cooperation for ethical AI use. This comes after...
Tokenizing Supercars to Commodities
14.9.2024
In the interview, Rey Fernando Verboonen, co-founder and CEO of Curioinvest, recounted his journey from speculator to builder in the digital asset space. We covered the tokenization of real-world assets (RWAs) using blockchain, the importance of regulatory compliance, and his optimistic vision...
China Moves to Address Crypto Money Laundering Activities With New Law Draft Revision
14.9.2024
China is moving to update its legislation to tackle new money and cryptocurrency money laundering crimes. The Chinese Congress is set to introduce new money laundering concepts in the second review of the money laundering law draft revision, which will establish additional requirements...
Former Alameda CEO Caroline Ellison Requests Leniency, Asks for No Prison Sentence
14.9.2024
Caroline Ellison, the former CEO of Alameda Research, is seeking leniency in her sentencing for her role in the FTX fraud. Her lawyers have filed a sentencing memorandum emphasizing her extensive cooperation with authorities and personal acceptance of responsibility for her actions. Caroline...
Meta to Resume Training AI With Data From UK Facebook, Instagram Users
14.9.2024
Meta announced it will resume training its artificial intelligence (AI) models using U.K. adult user data to better reflect British culture. This follows a delay due to privacy concerns. Despite initial opposition, Meta has now engaged with U.K. regulators and is nearing the launch of its...