Month: August 2024

The Homeland Security Investigations New York has charged Michael Lauchlan for running a fraudulent cryptocurrency recovery service, Coin Dispute Network (CDN), that scammed customers out of their ethereum. Lauchlan convinced clients he could recover lost cryptocurrencies but pocketed the fees and took additional ethereum. He was arrested in Las Vegas. Fraudulent Cryptocurrency Recovery Business Operator […] Source: https://news.bitcoin.com/fake-crypto-recovery-service-operator-arrested-and-charged/

The Nasdaq International Securities Exchange has filed a proposal with the Securities and Exchange Commission to list and trade options on a trust managed by BlackRock. The assets of the newly proposed iShares Ethereum Trust will consist solely of Ethereum, held by Coinbase, and cash, held by The Bank of New York Mellon, according to a filing on Tuesday. The…

Continue Reading→

Monday marked a severe downturn in financial markets, with sharp selloffs in stocks, cryptocurrencies, and precious metals. However, JPMorgan analysts see a potential “buy the dip” opportunity as the rotation out of tech stocks might be nearing its end. John Schlegel, JPMorgan’s head of positioning intelligence, indicated that their Tactical Positioning Monitor might drop further, […] Source: https://news.bitcoin.com/jpmorgan-sees-buy-the-dip-opportunity-after-market-selloff/

Zoom is further expanding its horizons by launching Zoom Docs. This new collaborative document tool, announced Tuesday, is integrated into Zoom’s workplace ecosystem and uses generative AI to help revise documents and create content based on meeting transcripts. “Zoom Docs is our first Zoom Workplace product with generative AI built in from the ground up,” said Smita Hashim, Zoom’s chief product…

Continue Reading→

Google is saying goodbye to its Chromecast device—first introduced over a decade ago as one of the company’s earliest consumer hardware products—and replacing it with a new streaming device that’s set to compete against other devices like the Amazon Fire Stick, the Roku, the Apple TV, and the Nvidia Shield, to name a few. The tech giant announced today the…

Continue Reading→

Economist and gold advocate Peter Schiff argues that bitcoin exchange-traded funds (ETFs) contradict the core principles of the cryptocurrency by undermining decentralization and peer-to-peer transactions. He criticizes recent buyers of bitcoin for focusing solely on profit, suggesting this behavior indicates an impending collapse. Schiff also slammed Senator Cynthia Lummis’ bill proposing a U.S. bitcoin reserve, […] Source: https://news.bitcoin.com/peter-schiff-warns-against-owning-bitcoin-etfs-cites-not-your-keys-not-your-coins/

PRESS RELEASE. Get ready for the 2024 Summer Olympic Games with MyStake’s exciting new promotion: the 2024 Summer Olympic Games Leaderboard! From July 23, 2024, at 11:00 AM GMT to August 12, 2024, at 11:00 AM GMT, you can climb the leaderboard by betting on your favorite Olympic events and compete for a share of […] Source: https://news.bitcoin.com/mystake-hosts-2024-summer-olympic-games-leaderboard/