In recent years, the digital media landscape has buzzed with a term seemingly plucked from science fiction: deepfakes. We are well beyond the cartoon cut-out animations of JibJab ecards of 2004—the state of the art in audio and visual recreations of real people are so realistic that distinguishing fabricated content from genuine footage is increasingly difficult. As with using any…
Month: October 2023
Bitcoin ETF hype fails to shake bearish $20K BTC price targets
Bitcoin (BTC) marched to 17-month highs on Oct. 24 as exchange-traded fund (ETF) excitement boosted already bullish BTC price action. BTC/USD 1-day chart. Source: TradingView Bitcoin ETF data listing hints at “time to shine” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $35,198 on Bitstamp before consolidating. This represented 17% gains since the prior weekly close and Bitcoin’s…
Bitcoin price rockets to $35K as ETF excitement grows
The price of Bitcoin surged on Monday to briefly touch $35,000 as excitement swelled over developments in the Bitcoin ETF space. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-btc-price-breaks-34000-etf-excitement-grows
Rug pull feared as Safereum devs reportedly unlock and dump native token
According to blockchain security analysts, the developers of the Safereum project suddenly sold more than 700 ETH worth of its native token, sending the price o… Source: https://cointelegraph.com/app/public/index.php/news/safereum-suspected-rug-pull-exit-scam-certik
Sam Bankman-Fried seeks expert to counter testimony from DOJ witnesses
Sam Bankman-Fried’s lawyers are planning to put forward an expert witness to counter testimony from former Alameda Research CEO Caroline Ellison and other witnesses about the extent of financial ties between FTX and the trading firm. In an Oct. 23 letter to New York District Judge Lewis Kaplan, Bankman-Fried’s attorneys said Joseph Pimbley from litigation consulting firm PF2 Securities would…
Coinbase hoses down rumors of weekly withdrawal limits on Bitcoin
Crypto exchange Coinbase has refuted rumors it had imposed a $5,000 per week limit on Bitcoin (BTC) withdrawals after a user’s post claiming as such gained traction on social media. An Oct. 24 post from a user on X (formerly Twitter) claimed that he’d been hit with a purported policy that restricted his withdrawals of Bitcoin from Coinbase to a…
Rug pull feared as Safereum devs reportedly unlock and dump native token
According to blockchain security analysts, the developers of the Safereum project suddenly sold more than 700 ETH worth of its native token, sending the price o… Source: https://cointelegraph.com/public/index.php/news/safereum-suspected-rug-pull-exit-scam-certik
Rug pull feared as Safereum devs reportedly unlock and dump native token
The crypto community has been left fearing the worst after seeing huge sums of liquidity drained from the cryptocurrency project Safereum just hours after its team had finalized a massive $600,000 fundraising. According to blockchain security firm CertiK and other analysts, the developers of Safereum — using the token deployment address “safereum.eth” — unlocked the supply of the token and…
6 Questions for Adelle Nazarian on crypto, journalism and Bitcoin
Adelle Nazarian is the top staffer at the American Blockchain PAC, where she serves as its CEO. But she has a long story to tell about her life prior to her time in the crypto industry — from her Persian roots to her career in journalism. Nazarian, who worked as a freelance journalist after serving in positions with mainstream outlets…
Crypto products see 4th week of inflows amid race for Bitcoin ETFs: CoinShares
Crypto investment products have recorded four weeks of inflows, as the market eagerly awaits the possible approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States. Asset management firm CoinShares’ Oct. 23 fund flows report revealed $179 million was added to digital asset investment products in the week ending Oct. 20, which has swelled the space’s assets…