Italy Prepares to Issue Guidelines on Implementing EU Crypto Regulation
News

Italy Prepares to Issue Guidelines on Implementing EU Crypto Regulation

Italy’s central bank will soon release guidelines on implementing the European Union’s Markets in Crypto Assets Regulation (MiCA) Regulation to ensure the payment system’s regular functioning, Bank of Italy Governor Fabio Panetta revealed on Tuesday. In his speech to the Italian Banking Association, Panetta highlighted that MiCA considers electronic money tokens (EMTs) and asset-reference tokens […] Source: https://news.bitcoin.com/italy-prepares-to-issue-guidelines-on-implementing-eu-crypto-regulation/

Generative AI? Never Mind, Says Goldman Sachs
News

Generative AI? Never Mind, Says Goldman Sachs

Hold onto your hats, tech enthusiasts, because Goldman Sachs has just thrown a curveball in the ongoing saga of generative AI. In their latest report, the investment powerhouse seems to have changed its phrasing from cautious optimism to a more skeptical outlook on the immediate benefits of AI investments. The global investment banking firm’s June 2024 report, “Gen AI: Too…

Continue Reading

FBI Arrests Three Men in Alleged $10 Million Crypto Laundering Scheme
News

U.S. Disrupts AI-Fueled Russian Bot Farm on Twitter

U.S. law enforcement authorities seized two domains connected with an AI-powered social media bot farm linked to the government of Russia, the U.S. Department of Justice (DOJ) announced on Tuesday. “This is a strong example of the disruption-first strategy that the Department, including the FBI, have taken when it comes to cyber and cyber-enabled threats to national security,” a DOJ…

Continue Reading

Dormant 2013 Bitcoin Wallet Springs to Life, Moving Millions Amid Bearish Market
News

Dormant 2013 Bitcoin Wallet Springs to Life, Moving Millions Amid Bearish Market

On July 9, 2024, a dormant bitcoin wallet transferred 149 BTC at block height 851,440 while bitcoin (BTC) was trading just below $58,000. The wallet, created on Nov. 20, 2013, had remained inactive for over ten years and seven months. At that time, bitcoin was valued at $644 per coin, making the entire cache worth […] Source: https://news.bitcoin.com/dormant-2013-bitcoin-wallet-springs-to-life-moving-millions-amid-bearish-market/

SEC Delays Decision on BlackRock's Spot Ethereum ETF Application
News

Will Democrats Defy Biden and Pass Pro-Crypto SAB 121—Again?

In brief Lawmakers need a two-thirds majority to override President Biden’s veto of a repeal of SAB 121—which would finally allow American banks to hold crypto. Crypto lobbyists aren’t assured that this week’s vote will surpass that high bar. But pressure on Democrats from former president Trump’s recent embrace of the industry, and the unfolding crisis of legitimacy currently plaguing…

Continue Reading

Blackrock’s BUIDL Fund Reaches $500M Milestone; Tokenized Treasuries Tap $1.8B
News

Blackrock’s BUIDL Fund Reaches $500M Milestone; Tokenized Treasuries Tap $1.8B

According to the latest data, Blackrock’s BUIDL fund on Securitize has surpassed $500 million, becoming the first tokenized money market fund to reach this milestone. This achievement coincides with the value of tokenized U.S. Treasuries reaching $1.81 billion. Half Billion Milestone for Blackrock’s BUIDL Fund This week, Blackrock’s USD Institutional Digital Liquidity Fund, also known […] Source: https://news.bitcoin.com/blackrocks-buidl-fund-reaches-500m-milestone-tokenized-treasuries-tap-1-8b/

News

Mining company TeraWulf pays off outstanding debt early

The payment will allow the company to focus on scaling operations rather than keeping up with debt obligations in the post-halving environment. Source: https://cointelegraph.com/news/mining-company-terawulf-pays-outstanding-debt-early?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

News

Why is Solana (SOL) price up today?

Solana price is up today as investors’ excitement over a potential spot SOL ETF turns traders bullish on the altcoin. Source: https://cointelegraph.com/news/why-is-solana-price-up-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound