Europe’s right-wing political groups find cause in crypto
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Europe’s right-wing political groups find cause in crypto

The European crypto scene has gained significant traction over the past few years, with a surge in the interest in and adoption of cryptocurrencies and blockchain technology. While the crypto industry is often associated with decentralization, innovation and financial freedom, it is not immune to various political ideologies and influences, and right-wing movements are no exception. The attraction of cryptocurrencies…

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​​OpenAI gets warning from Japanese regulators on data collecting
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​​OpenAI gets warning from Japanese regulators on data collecting

Officials in Japan are beginning to tighten their stance towards artificial intelligence (AI) after the country’s local privacy watchdog warned the ChatGPT parent company about its data collection methods.  On June 2, Japan’s Personal Information Protection Commission issued a statement, asking OpenAI to minimize the amount of sensitive data it collects for machine learning purposes. Additionally, it stressed not to…

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Here's how developers aim to store crypto inside NFTs
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Here’s how developers aim to store crypto inside NFTs

Developers have recently published an Ethereum Improvement Proposal (EIP) that introduces a new way to use nonfungible tokens (NFTs). With this system, all NFTs can have a smart contract account, allowing them to store other NFTs or crypto tokens.  Cointelegraph spoke with Future Primitive’s Jayden Windle and Benny Giang, the authors of EIP-6551, to explain the use cases of ERC-6551…

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Bitcoin wicks down to $26.5K, but trader eyes chance for ‘bullish surprise’
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Bitcoin wicks down to $26.5K, but trader eyes chance for ‘bullish surprise’

Bitcoin (BTC) bounced near multiple support trend lines into June 2 as market indecision remained in force. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Traders bet on $27,500 BTC price ceiling Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $26,519 on Bitstamp after the daily close. The pair showed little signs of trend change as…

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How to access Bitcoin network data without advanced IT skills
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How to access Bitcoin network data without advanced IT skills

The Bitcoin network is home to a variety of data that can offer investors, academics and fans useful insights. However, those without significant IT abilities might find it difficult to obtain this data. The good news is that anyone may explore Bitcoin network data without having substantial technical knowledge thanks to the user-friendly tools, platforms and techniques that are readily…

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DCG asks judge to consolidate class-action suits to avoid conflicting decisions
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DCG asks judge to consolidate class-action suits to avoid conflicting decisions

Venture capital firm the Digital Currency Group (DCG) and its CEO Barry Silbert have requested to consolidate two class-action lawsuits over alleged losses during the crypto winter. In a letter sent to United States District Judge Stefan Underhill in Connecticut, the defendants argued that both cases “arise from the same facts, present overlapping legal issues and propose nearly identical class…

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Qatar gets slammed for not taking enough action against crypto companies
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Qatar gets slammed for not taking enough action against crypto companies

The global watchdog fighting money laundering and terrorist financing has slammed Qatar Central Bank (QCB) for making little effort to enforce its own regulations prohibiting virtual asset service providers. In a report published on May 31, the Financial Action Task Force (FATF) highlighted that Qatar needs to advance its capabilities to effectively combat evolving forms of criminal activity, including sanctioning…

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Coinbase Derivatives Exchange set to roll out BTC and ETH futures
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Coinbase Derivatives Exchange set to roll out BTC and ETH futures

As the cryptocurrency industry faces regulatory challenges in the United States, public crypto exchange Coinbase is moving forward with its futures contracts. Coinbase, on June 1, revealed its plans to introduce Bitcoin (BTC) and Ethereum (ETH) futures contracts on June 5 through its Commodity Futures Trading Commission (CFTC)-regulated derivatives exchange. The futures contracts will be targeted toward institutional investors. According…

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