The new integration enables the direct conversion of UAE dirhams into Bitcoin and Ether using M2’s spot market. Source: https://cointelegraph.com/news/m2-exchange-uae-aed-to-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: July 2024
SEC likely still believes SOL is a security, say crypto execs
Many crypto observers may be “overreading” the security regulator’s latest filing for its Binance lawsuit, meaning Solana and other tokens may not be off the hook yet. Source: https://cointelegraph.com/news/sec-could-still-think-solana-other-tokens-are-securities?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Spot Ethereum ETFs flip positive after $34M inflow on July 30
Daily flow into Ether ETFs has turned up positive for the first time since launch day, reversing a trend of outflows that saw $547 million leave the funds over the past four days. Source: https://cointelegraph.com/news/spot-ethereum-etfs-flip-positive-after-34m-inflow-july-30?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Miner Argo Blockchain Secures $8.3 Million From an Institutional Investor
Bitcoin miner Argo Blockchain has announced a private placement of its ordinary shares and accompanying warrants to an institutional investor. The transaction is expected to generate gross proceeds of approximately £6.5 million ($8.3 million). Argo Blockchain Announces $8.3 Million Private Placement According to the announcement, the bitcoin miner Argo Blockchain (Nasdaq: ARBK) will issue 57.8 […] Source: https://news.bitcoin.com/bitcoin-miner-argo-blockchain-secures-8-3-million-from-an-institutional-investor/
$99 AI necklace puts a ‘friend’ around your neck
The tech entrepreneur who built a COVID-19 tracker as a teen in 2020 has now launched a new AI-powered necklace to combat loneliness. Some say it feels more like an episode of Black Mirror. Source: https://cointelegraph.com/news/friend-ai-necklace-wearable-companion-mixed-reaction-black-mirror?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Gold Demand Hits Q2 Record High, Driven by Central Bank Purchases, World Gold Council Reports
The World Gold Council’s Q2 2024 report highlights a year-on-year increase in gold demand, marking the highest second-quarter demand since 2000. This surge is fueled by central bank purchases and OTC investments, with central bank gold buying up by 6% and technology sector demand rising by 11%. Q2 2024 Sees Record Gold Demand The World […] Source: https://news.bitcoin.com/gold-demand-hits-q2-record-high-driven-by-central-bank-purchases-world-gold-council-reports/
Mt. Gox Estate Shifts $2.2 Billion to New Wallet as Bitcoin Wobbles
The Mt. Gox estate, overseeing billions of dollars in creditors’ funds, has transferred a hefty sum of Bitcoin to an unidentified wallet as final preparations to resolve a decade-long hack get underway. On Tuesday, the estate moved roughly 33,964 BTC, worth $2.25 billion, data from blockchain analytics firm Arkham Intelligence shows. A further $3.1 billion in Bitcoin has also moved…
Bitcoiners tip ‘September breakout’ but cast doubt on near-term $100K
Bitcoin is set to move upward in September, but traders are now less confident it’ll break the $100,000 mark before the end of the year. Source: https://cointelegraph.com/news/bitcoin-price-breakout-september-100k-doubts-crypto-traders?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
University of Wyoming Launches Bitcoin Research Institute to Produce High-Quality Publications
The University of Wyoming has launched a Bitcoin research institute to produce high-quality peer-reviewed publications about bitcoin from all academic disciplines. The institute’s director highlighted the need for informed research, criticizing previous work for its lack of fundamental understanding of bitcoin. University of Wyoming Launches Bitcoin Research Institute The University of Wyoming (UW) has launched […] Source: https://news.bitcoin.com/university-of-wyoming-launches-bitcoin-research-institute-to-produce-high-quality-publications/
DraftKings kills NFT business, citing 'legal developments’
It comes four weeks after a federal judge found DraftKings NFTs fell “within the meaning” of the Securities Act and Exchange Act and thus could be securities. Source: https://cointelegraph.com/news/draftkings-shuts-down-nft-business-due-to-legal-concerns?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound