In its latest bid to curb unauthorized AI-generated deepfakes, Google is taking new steps to remove and demote websites in searches that have been reported to contain illicit images, the technology and search giant said on Wednesday. An AI deepfake is media created using generative AI to produce videos, pictures, or audio clips that appear real. Many of these fake…
Backlash to WasirX’s “socialized loss” strategy, Philippines wants Binance off app store, Japan’s metaverse plan for shut-ins. Asia Express. Source: https://cointelegraph.com/magazine/wasirx-hack-metaverse-hikikomori-binance-philippines-asia-express/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
American software firm MicroStrategy released its second-quarter earnings report on Thursday, noting a net loss of $102.6 million. The company, co-founded by Bitcoin maximalist Michael Saylor, reported total revenue of $111.4 million as well as a loss of $200 million in the second quarter of 2024, compared to a loss of $26.7 million at the same time last year. The…
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to save bitcoin instead of fiat currencies, which he calls “fake money.” He criticized the historical decision to take the dollar off the gold standard and the education system for not teaching about money. Kiyosaki also noted former U.S. President Donald Trump’s endorsement of bitcoin […] Source: https://news.bitcoin.com/robert-kiyosaki-urges-investors-to-save-bitcoin-as-smart-money-highlighting-trumps-btc-endorsement/
ByBit has been at odds with the Autorité des Marchés Financiers (AMF) since 2022 when the regulator blacklisted the exchange. Source: https://cointelegraph.com/news/bybit-exchange-halts-operations-france?utm_source=rss_feed&utm_medium=rss%3FAccess-Control-Allow-Origin%3D%252A%26Access-Control-Allow-Methods%3DGET%26Access-Control-Allow-Headers%3DContent-Type%26Access-Control-Max-Age%3D3600%26User-Agent%3DMozilla%252F5.0%2B%2528X11%253B%2BUbuntu%253B%2BLinux%2Bx86_64%253B%2Brv%253A52.0%2529%2BGecko%252F20100101%2BFirefox%252F52.0&utm_campaign=rss_partner_inbound
Bitwise’s chief investment officer has expressed that the industry is not bullish enough about bitcoin, given the current market dynamics. He pointed to increasing political support, including Donald Trump’s proposal for a national bitcoin stockpile and various legislative initiatives, as indicators of a potential market shift and significant upside for bitcoin investors. Bitwise CIO Matt […] Source: https://news.bitcoin.com/bitwise-cio-predicts-major-bitcoin-upside-says-were-not-bullish-enough/
A flash crash in Bitcoin price on shorter timeframes induces panic among leveraged long traders, but analysts believe it’s a short-term pullback. Source: https://cointelegraph.com/news/bitcoin-long-liquidations-hit-300m-as-btc-price-falls-to-62k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ByBit has been at odds with the Autorité des Marchés Financiers (AMF) since 2022 when the regulator blacklisted the exchange. Source: https://cointelegraph.com/news/bybit-exchange-halts-operations-france?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Top American crypto exchange Coinbase today beat market estimates in its quarterly results—posting $1.4 billion in revenue and $36 million in net income. Revenue was down overall—by 11%—from the first quarter of this year as crypto prices have since taken a dip. But Coinbase said in its results that its business of allowing customers to earn interest on its USD…
Block’s Bitcoin revenue exceeded $2.61 billion during the second quarter of 2024, contributing to a total net revenue of $6.16 billion for the period. Source: https://cointelegraph.com/news/jack-dorsey-block-sees-bitcoin-revenue-grow?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
