The actual sale amount was not disclosed, leading community members to speculate that the NFT was sold at a loss. Source: https://cointelegraph.com/news/cryptopunk-transfer-amid-nft-market-decline?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
Hong Kong issues generative AI guidelines for consumer protection
The HKMA introduces new principles for using generative AI, emphasizing governance, transparency, and data protection in consumer-facing applications. Source: https://cointelegraph.com/news/hong-kong-monetary-authority-generative-ai-guidelines?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Most Trending Sports, Cryptos and Bonuses in 2024 With 1xBit
PRESS RELEASE. 1xBit, an online gambling website, welcomes all crypto users and gambling fans to multiply their winnings in 2024. In August we have a lot of exciting events to look forward to: the finals of the eSports World Cup, the start of the 24/25 season for European soccer leagues, the Champions League, and the […] Source: https://news.bitcoin.com/most-trending-sports-cryptos-and-bonuses-in-2024-with-1xbit/
China Classifies Crypto Transactions as Money Laundering in Update to AML Law
On Monday, Chinese authorities explicitly recognized “virtual asset” transactions as a method of money laundering, marking the first instance in the country that such a move has been made towards the asset class. The Supreme People’s Court and the Supreme People’s Procuratorate, the country’s highest judicial bodies, jointly announced the changes during a press conference. The measures, expected to take…
Mango Markets DAO mulls offering settlement with SEC
The proposed settlement involves Mango DAO neither admitting nor denying wrongdoing and paying a $223,228 fine. Source: https://cointelegraph.com/news/solana-mango-markets-dex-nears-sec-settlement-over-securities-violations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ether hits $2.6K as metrics suggest it’s in 'late stages’ of correction
Rising Open Interest of Ether and a “positive” taker-buy sell ratio has a crypto analyst optimistic that Ether’s lengthy correction is nearing its end. Source: https://cointelegraph.com/news/ethereum-price-bottom-2-key-onchain-indicators-crypto-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Unknown crypto whale has been scooping up WBTC amid controversy
According to Lookonchain, an unknown wallet address has accumulated more than $118 million worth of Wrapped Bitcoin in the last week. Source: https://cointelegraph.com/news/unknown-crypto-whale-scooping-up-wbtc-amid-controversy-lookonchain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto super PAC Fairshake just lost a billionaire Dem donor: Report
Top Democratic Party donor Ron Conway has split from pro-crypto Fairshake PAC after it pledged to back a Republican candidate without his knowledge. Source: https://cointelegraph.com/news/crypto-super-pac-fairshake-loses-top-democrat-donor?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Malicious ‘bull checker’ chrome extension found targeting Solana users
Decentralized exchange aggregator Jupiter has alerted users of a malicious browser extension that apparently managed to sneak through Solana’s drainer checks. Source: https://cointelegraph.com/news/malicious-bull-checker-chrome-extension-found-targeting-solana-users?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Judge denies SEC attempt to hamper Tron’s defense amid dismissal ploy
Justin Sun and his associated companies are “not challenging the ‘common enterprise’ element of the Howey test,” ruled the New York District Judge. Source: https://cointelegraph.com/news/tron-founder-scores-small-win-as-judge-rejects-sec-motion-in-ongoing-legal-battle?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound