The resounding success of spot Bitcoin ETFs has been a boon for the price of Bitcoin, and its timing could not have been better. Why? The age-old principle of supply and demand. In April, Bitcoin will experience its next ‘halving’, an event that occurs programmatically on the Bitcoin blockchain roughly every four years. With this, Bitcoin rewards for miners, the…
Google AI—a division of the search giant—unveiled Gemma today, a new family of open-source language models derived from its recently released Gemini suite of AI tools. With Gemma, Google is directly challenging the leading position of LLMs based on Meta’s LLaMa and Mistral. “We have a long history of supporting responsible open source and science, which can drive rapid research…
Ethereum NFT project Pudgy Penguins announced Tuesday that it will launch a second line of toys inspired by the colorful profile picture (PFP) characters, in an expanded tie-up with Walmart that includes a presence at 1,100 additional stores. The Pudgy Toys line, which includes plush toys, action figures, and “blind box” style mystery igloo collectibles, will be offered across 3,100…
John Deaton formally entered the race to challenge Sen. Elizabeth Warren (D-MA) for her seat in Congress yesterday. “I’m excited to fight for change,” Deaton said in a post on X. The new candidate is most well-known for his role as a pro-crypto lawyer in the SEC’s battle against Ripple. The company got a partial ruling in its favor last…
On Wednesday, the crypto market experienced a modest downturn, with a 1% decrease in its overall value across the board, as bitcoin and ethereum saw declines of 0.51% and 0.45%, respectively. Bitcoin momentarily reached the $53,000 mark the day prior, while ether soared past the $3,000 threshold on Tuesday, though both cryptocurrencies traded significantly lower […] Source: https://news.bitcoin.com/crypto-markets-experience-minor-setback-as-major-coins-dip-while-select-tokens-buck-the-trend/
The Bored Ape Yacht Club’s creator has a new leader: Yuga Labs co-founder Greg “Garga” Solano announced Wednesday that he’s returning as CEO, replacing former Activision executive Daniel Alegre after less than a year at the helm. “I am stepping back in as CEO of Yuga Labs,” Solano tweeted. “Wylie [Aronow, Yuga Labs co-founder] and I are grateful for all…
In a landmark decision, the High Court in Podgorica has ruled that the former Terraform Labs CEO, Do Kwon, will be extradited to the United States, sidelining South Korea’s request for his extradition. The court’s ruling comes after extensive deliberations on the legal and political implications of the extradition. Report Details Do Kwon’s U.S. Extradition […] Source: https://news.bitcoin.com/do-kwons-fate-sealed-montenegro-high-court-opts-for-us-extradition-in-legal-tug-of-war/
One of the U.S. government’s most combative anti-crypto lawyers has resigned from her post to take a job in the private sector. Ladan Stewart was a leader in the Crypto Assets and Cyber Unit of the Securities and Exchange Commission (SEC). She is now joining the international law firm White & Case, where she will help build its crypto and…
Alleged crypto crook Alex Mashinsky will be using the same lawyers as convicted crypto crook Sam Bankman-Fried, according to reports. The ex-boss of collapsed crypto lender Celsius told a judge that he would be willing to waive any conflicts of interest there might be by using Marc L. Mukasey and Torrey K. Young, who represented the ex-FTX boss, Bloomberg reported…
After an airdrop farming campaign that prompted hopeful recipients to flood Crypto Twitter with tweets, the Portal gaming token finally has a launch date—and it comes with the announcement of a Binance Launchpool campaign that will offer up another way for crypto users to earn a potentially sizable stash of PORTAL. PORTAL will launch on February 29, according to the…
