According to Coin ATM Radar, there are currently 38,725 crypto ATMs worldwide, with a vast majority located inside the United States. Source: https://cointelegraph.com/news/german-bafin-regulator-cracks-down-crypto-atms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
Authors file copyright lawsuit against Anthropic for AI model training
The latest in a series of cases concerning copyright and AI looks at the sources Anthropic used to train its Claude large language models. Source: https://cointelegraph.com/news/anthropic-authors-copyright-lawsuit-ai-training?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Private transactions now dominate Ethereum order flow — report
Private orders consume more than 50% of gas used on Ethereum, according to Blocknative. Source: https://cointelegraph.com/news/private-transactions-dominate-ethereum-order-flow-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin demand sharply declined since April — CryptoQuant
The slowdown in Bitcoin demand can be attributed to a sharp decline in purchases in the United States. Source: https://cointelegraph.com/news/bitcoin-demand-decline-since-april-cryptoquant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FOMO HOUR 182 – STABLECOIN CAP NEARS ATH
FOMO HOUR 182 – STABLECOIN CAP NEARS ATH Crypto falls as soon as US stock futures open higher. Crypto funds saw $30m inflows last week. Stablecoin market cap nears ATH. US may increase crypto reporting standards. Justin Sun hints at lift to China crypto ban. Tether to launch USDT on Aptos. MATIC to POL migration on September 4th. TON leads…
Russian Finance Minister Discloses That Over 90% of Bilateral Trade With China Is Settled Outside the U.S. Dollar System
Anton Siluanov, the Russian Finance Minister, pointed out that a majority of the bilateral trade with China is being conducted outside the U.S. dollar system. He stressed that over 90% of these transactions have been completed using national currencies (rubles and yuan) due to the risks associated with executing these using “unfriendly” currencies. Russian Finance […] Source: https://news.bitcoin.com/russian-finance-minister-discloses-that-over-90-of-bilateral-trade-with-china-is-settled-outside-the-u-s-dollar-system/
Atari Revives Classic 7800 Game Console With Modern Upgrades
Iconic gaming brand Atari announced Tuesday that it’s reviving its 1986 game console as the Atari 7800+, a modern recreation developed in collaboration with game publisher PLAION. Set to release globally this coming winter, the console is now available for pre-order at $129.99. The Atari 7800+ is a compact version of the original console that’s built to connect with modern…
Donald Trump floats making Elon Musk a Cabinet member
After a public endorsement from the Tesla CEO and an X Spaces discussion, Donald Trump said he would consider placing Elon Musk in a Cabinet position in 2025. Source: https://cointelegraph.com/news/donald-trump-elon-musk-cabinet-us-president?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Miner Riot Platforms Is Getting Closer to Taking Over Bitfarms by Force
The third largest Bitcoin mining firm on Wall Street is still quietly tightening its grip on Bitfarms (BITF), a smaller Canadian competitor, through a hostile takeover bid. As of August 13, Riot Platforms (RIOT) increased its stake in Bitfarms to 19%, disclosing its purchase of 1 million more BITF shares last week. That same day, Bitfarms announced the departure of…
Mango Markets’ Future Hangs in the Balance With New SEC Settlement Vote
Mango Markets, the Solana-based decentralized finance (defi) platform that lost more than $110 million in 2022, is currently holding a vote on a proposed settlement with the U.S. Securities and Exchange Commission (SEC) over alleged securities violations. Should the proposal pass, it could result in a settlement involving a financial penalty and the end of […] Source: https://news.bitcoin.com/mango-markets-future-hangs-in-the-balance-with-new-sec-settlement-vote/