The report also delves into a potential scenario where Solana becomes the first blockchain to accommodate applications with over 100 million users. Source: https://cointelegraph.com/public/index.php/news/vaneck-predicts-a-10-600-solana-price-rally-by-2030
Crypto lender BlockFi announced its emergence from insolvency this week, just a few days after FTX announced that it successfully reclaimed approximately $7 billion in assets. FTX debtors, comprising FTX and affiliates, estimate that $8.7 billion has been misappropriated from customers. BlockFi has lent FTX more than $650 million, making it one of the exchange’s largest creditors, which means its…
Understanding impersonation scams in crypto In impersonation scams, fraudsters pretend to be reliable individuals, exchanges or services to trick users into sending cryptocurrencies or disclosing personal information. In the context of cryptocurrencies, due to the pseudonymous nature of cryptocurrency transactions and the level of relative secrecy they provide, impersonation scams are common. So, how do impersonation scams work in crypto? …
Illustration by Mitchell Preffer for Decrypt Prices rallied for the second week in a row, driven by feverish speculation on whether or not asset management titan BlackRock will launch a Bitcoin spot ETF in the U.S. soon. It’s looking increasingly likely that an ETF is coming. Several companies have filed recent applications with the SEC, and BlackRock is not necessarily…
Solana, a competitor to Ethereum’s layer-1, has demonstrated impressive strength as SOL’s price surged above $32 this week. Analysts anticipate further price gains, and VanEck has shared significant price forecasts. A report on Solana from the asset management company VanEck has outlined diverse valuation scenarios for Solana, forecasting SOL’s price to range from a conservative $9.81 to an ambitious $3,211.28…
Stuart Alderoty, the Chief Legal Officer (CLO) of Ripple Labs, and the XRP community have expressed their support on the X app (formerly Twitter) for Securities Exchange Commission(SEC) Commissioner Hester Peirce’s stance against the perceived “injustice” in the LBRY lawsuit. Alderoty showed gratitude toward Commissioner Peirce and suggested that when ongoing injustices occur in non-fraud cases, especially when consumers are…
Google has doubled down on its artificial intelligence bets by investing another $2 billion into AI startup Anthropic, according to a new report. Google invested $500 million upfront into Anthropic, a rival to ChatGPT creators OpenAI, and will pay off the remaining $1.5 billion over time, according to an Oct. 27 report by the Wall Street Journal, which cited people…
The Wall Street Journal (WSJ) has partially corrected an article which mischaracterized the extent to which Hamas and other militant groups have been funding its terrorism activities with cryptocurrencies. The Oct. 10 article — titled “Hamas Militants Behind Israel Attack Raised Millions in Crypto” — cited blockchain forensics firm Elliptic to say Palestinian Islamic Jihad (PIJ), a terrorist organization operating…
Amid myriad legal accusations surrounding its AI services, Google stands its ground, vowing to protect its users. Source: https://cointelegraph.com/public/index.php/news/google-ai-law-art-copyright
Artificial intelligence (AI) is seeping into every sector, and that now includes border control. The U.S. Immigration and Customs Enforcement (ICE) agency is leveraging an AI-powered tool, Giant Oak Search Technology (GOST), to scan social media posts for content deemed “derogatory” to the U.S. The revelation, first reported by 404 Media, has ignited concerns about privacy and the ethical implications…
