In a landmark federal case, two men were sentenced for manipulating the price of a cryptocurrency and defrauding investors, marking the first instance where “a jury in a federal criminal trial found that a cryptocurrency was a security and that manipulating cryptocurrency prices was securities fraud,” said the head of the Justice Department’s Criminal Division. […] Source: https://news.bitcoin.com/landmark-federal-case-jury-declares-crypto-price-manipulation-as-securities-fraud/
North Carolina Governor Roy Cooper will now either sign or veto the law that bars the state’s government from accepting a Federal Reserve CBDC, potentially joining Louisiana. Source: https://cointelegraph.com/news/north-carolina-cbdc-ban-bill-heads-to-governor
OpenAI, the artificial intelligence research company behind ChatGPT, pushed back the launch of its Voice Mode on Wednesday, a standout upcoming feature that made waves when it was showed off at its product update last month. The company said it needs “one more month” to work on it—and the announcement has sparked harsh criticism from users and the AI community.…
Marathon is looking to “capitalize on higher margins” possible with Kaspa mining — but one executive stressed the firm is in no way “pivoting” from its main focus, Bitcoin. Source: https://cointelegraph.com/news/marathon-digital-mine-16m-kaspa-tokens-diversify-bitcoin
BloodLoop, an Overwatch-style shooter, launched its play-to-airdrop campaign amid its Epic Games Store launch on PC. The 5v5 hero shooter is now available via the Epic Games Store, putting the Avalanche-based game in front of a user base of 75 million monthly active players. In an attempt to drive awareness and reward early players for testing the game, the project…
Ripple CEO Brad Garlinghouse has criticized SEC Chair Gary Gensler’s recent statements on the crypto industry, calling them “absolute nonsense.” The executive argued that Gensler’s actions and oversight failures could impact the upcoming election. He suggested that Gensler should be fired if he truly worked for the American people. Ripple CEO Brad Garlinghouse Criticizes SEC […] Source: https://news.bitcoin.com/ripple-ceo-blasts-sec-chairs-crypto-remarks-says-gensler-will-cause-biden-to-lose-the-election/
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 Although the Bitcoin network’s fourth ‘halving’ event occurred more than two months ago, its repercussions have continued to impact Bitcoin miners, making the industry’s profit margins…
A combination of speculators continuously opening new long positions and miners dumping נitcoin to pay for hardware upgrades caused the top cryptocurrency to plunge to $58,000, according to an onchain analyst. The analyst expects the top crypto asset to rebound once the ongoing “culling of weak miners” is complete. Speculators Contribute to Bitcoin’s Plunge According […] Source: https://news.bitcoin.com/analyst-says-speculators-and-bitcoin-miners-responsible-for-btcs-recent-plunge-below-60000/
Other states can join in the settlement, which will see up to $82.1 million returned to customers. Source: https://cointelegraph.com/news/abra-settles-licensing-issues-25-states
The Bitcoin halving hype has long passed, and this month’s massive options expiry provides insight into the future of the current BTC bull market. Source: https://cointelegraph.com/news/will-bitcoin-bulls-or-bears-benefit-from-this-week-s-9-25b-btc-options-expiry
