A group of Chinese victims of a $6 billion fraud scheme have requested assistance from their country’s foreign ministry in recovering 61,000 bitcoins, seized from a fraudster and her associate. The fraud victims have strongly opposed attempts to transfer the ownership of these bitcoins to the U.K. government. Petition Garners More Than 2,500 Signatures A […] Source: https://news.bitcoin.com/chinese-fraud-victims-seek-government-aid-in-recovering-61000-btc-seized-by-uk-law-enforcement/
The United States, United Kingdom, and Germany rank among the top countries holding cryptocurrencies at the government level, according to data from Arkham Intelligence. The crypto analytic firm’s onchain analysis shows that the U.S. government holds 212,847 bitcoins while El Salvador has been purchasing one bitcoin daily as announced by its president. Top Government Holders […] Source: https://news.bitcoin.com/us-uk-germany-among-countries-with-largest-government-crypto-holdings-arkhams-data-shows/
Rich Dad Poor Dad author Robert Kiyosaki has explained why he won’t invest in a spot bitcoin exchange-traded fund (ETF). “Just as I own gold and silver coins and mines and own apartment houses, I do not own gold or silver ETFs,” he stressed. The famous author stated this week that he believes the price […] Source: https://news.bitcoin.com/robert-kiyosaki-explains-why-he-wont-buy-bitcoin-etf/
Crypto asset manager Grayscale Investments believes that GBTC “has started to reach a little bit of an equilibrium,” says CEO Michael Sonnenshein, noting that some anticipated outflows from the firm’s spot bitcoin exchange-traded fund (ETF) are “largely behind us.” The crypto asset manager also expects GBTC’s fees to come down “as markets mature.” Grayscale’s CEO […] Source: https://news.bitcoin.com/grayscale-ceo-sees-gbtc-reaching-equilibrium-expects-outflows-to-ease/
The price of bitcoin continued to decline over the weekend, dropping an additional 7.7% in the last 24 hours. It plummeted to a daily low of $61,384 per coin, prompting a significant wave of leveraged liquidations on Saturday. Bitcoin Value Declines Amid Market Instability; Extensive Liquidations Reported By 4:00 p.m. Eastern Time on Saturday, bitcoin’s […] Source: https://news.bitcoin.com/massive-bitcoin-market-turbulence-triggers-4500-crash-167m-in-btc-longs-erased-in-1-hour/
NASA’s Next Deep Space Mission Won’t Use Artificial Intelligence On Thursday, Decrypt Media visited NASA’s Jet Propulsion Laboratory in Pasadena, CA to meet with the Engineering team behind the Europa Clipper before its launch to Jupiter’s Europa moon in October. Source: https://decrypt.co/videos/interviews/0WGP33Rp/nasas-next-deep-space-mission-wont-use-artificial-intelligence
It was in the comparable primordial days of AI hardware when the Humane AI pin was announced, a $700 wearable that was teased on a fashion runway and led a nascent category of device that soon included the $200 Pocket AI and the yet-to-be-released Rewind Pendant. Months later, the review embargo finally expired, and dozens of tech media and influencers…
As each day unfolds, analysts, economists, Wall Street institutions, and Fed watchers have increasingly postponed their forecasts for when the U.S. Federal Reserve will reduce the benchmark interest rate. Current data suggest that a rate cut in June is unlikely, with odds standing at 50-50 for a reduction in July. Financial Analysts Question Timing of […] Source: https://news.bitcoin.com/uncertainty-over-fed-rate-cuts-intensifies-with-sticky-inflation-metrics/
The Europa Clipper is being prepped for a five-year mission to Europa, one of the moons orbiting the planet Jupiter, and on a sunny Thursday morning in Pasadena, Calif., NASA and the Jet Propulsion Laboratory (JPL) invited Decrypt and other members of the media to get an up-close view. While there is plenty of cutting-edge tech being loaded onto the…
The Bitcoin network and its community of users is sprawling and diverse. Fans of the top cryptocurrency can participate beyond mining or inscribing dog pictures or video games by setting up a Bitcoin node, which are essential infrastructure to keep the OG blockchain decentralized and running. What is a Bitcoin Node? While all Bitcoin miners are nodes, not all nodes…
