The digital yuan app, which services users of the Chinese CBDC, has dropped the ‘pilot’ label from its name without any announcement, prompting speculation about an upcoming move to production stages. While local Chinese news outlets explained that this change had to do with app requirements, some expect this might be a step before its […] Source: https://news.bitcoin.com/digital-yuan-app-drops-pilot-description-hints-at-change-to-production-ready-status/
Month: June 2024
Robotic Third Thumb Users Formed ‘Strong Bonds’ With Their Extra Digit
A robotic third thumb, strapped onto your hand and controlled by your big toe, could be surprisingly useful, a team of researchers in the UK discovered. A new video of the third thumb in action makes clear that the additional opposable digit could become an almost natural extension of the hand. That was the goal of the project, lead designer…
SEC to close regional office after judge dismisses DEBT box case
A judge ordered the U.S. Securities and Exchange Commission to pay $1.8 million following “bad faith conduct” over a temporary restraining order to freeze DEBT Box’s assets. Source: https://cointelegraph.com/news/sec-salt-lake-city-office-closure-debt-box
Ethereum ETFs Could Draw $4 Billion In First Five Months: K33 Research
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Ethereum spot ETFs will perform much like their Bitcoin-based predecessors, hauling $4 billion of inflows within five months after launch, according to K33 Research. “This estimate…
FTX Reaches Settlement With IRS on $24 Billion Tax Claim
Crypto exchange FTX has reached a settlement with the Internal Revenue Service (IRS), reducing its $24 billion claim to $200 million to be paid within 60 days after the company’s restructuring plan is approved. Additionally, the U.S. tax authority will receive a $685 million lower priority claim, payable only if funds are available after satisfying […] Source: https://news.bitcoin.com/ftx-reaches-settlement-with-irs-on-24-billion-tax-claim/
Elon Musk sets record straight on Nvidia AI chip shipments
The billionaire industrialist clarified that the south extension of Tesla’s Giga Factory in Texas would soon be complete, allowing for more AI infrastructure. Source: https://cointelegraph.com/news/elon-musk-sets-responds-nvidia-ai-chip-shipments
‘Notcoin’ Is Giving $1 Million to Telegram Game’s Pre-Market Traders
Telegram-based game Notcoin has been responsible for this year’s biggest gaming token launch—and the price has only surged since then, more than tripling in value recently as The Open Network-based NOT token gains steam. Now the team has rewarded the earliest traders who made a bet on Notcoin’s future performance. Back in March, before the NOT token launched and Notcoin…
VC Billionaire Chamath Palihapitiya Explains the $500,000 Bitcoin Case: Countries Will Become Dual Currency
Chamath Palihapitiya, the founder and CEO of Social Capital, a venture capital firm, has explained how bitcoin could reach $500,000 or even higher price levels in the coming months. During a podcast, Chamath clarified that considering the price performance in the previous halving cycles, bitcoin could reach that level pushed by the adoption of countries […] Source: https://news.bitcoin.com/vc-billionaire-chamath-palihapitiya-explains-the-500000-bitcoin-case-countries-will-become-dual-currency/
Zimbabwe central bank ironing out wrinkles in new currency
The new currency, an outgrowth of the government’s gold-backed token, is performing well economically but receiving mixed public reviews. Source: https://cointelegraph.com/news/zimbabwe-zig-currency-gains-domestic-challenges
GameStop Sinks After Wild Swing—Will Roaring Kitty Cash In?
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports GameStop shares fell slightly Tuesday as traders mulled new posts from Keith Gill, a meme stock influencer better known online as Roaring Kitty or DeepFuckingValue. As…