Bitfarms delayed its special shareholders’ meeting to address Riot’s demand for board changes, aiming for an informed decision. Source: https://cointelegraph.com/news/bitfarms-postpones-meeting-riot-board-changes-demand?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Michael Saylor Predicts Bitcoin Will Reach $13 Million in 21 Years
Michael Saylor, Executive Chairman at Microstrategy and known bitcoin proponent, gave his personal prediction about the long-term price of the cryptocurrency. On CNBC’s Squawk Box, Saylor stated that BTC would reach $13 million in 21 years and explained that, at some point in the future, bitcoin would trade at S&P 500 volumes plus 8% due […] Source: https://news.bitcoin.com/michael-saylor-predicts-bitcoin-will-reach-13-million-in-21-years/
Bitcoin ETFs see $28.6M inflows after 8-day outflow streak
Three spot Bitcoin ETF issuers saw an inflow on Sept. 9 — but it didn’t include BlackRock, which recorded a rare outflow on the day. Source: https://cointelegraph.com/news/us-bitcoin-etfs-28-million-inflow?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hexagon Studios Unveils “TONs of Dungeons” – Pioneering Telegram Gaming with Cook.fun
Singapore, Singapore, September 10th, 2024, GamingWire Hexagon Studios, the web3-native team behind the #1 mobile game on Solana, Honeyland, proudly announces the launch of “TONs of Dungeons,” an innovative and engaging casual minesweeper game on Telegram. The game combines the thrill of endless dungeons with the chance to uncover hidden treasures and avoid deadly traps, all while earning points that translate into airdrops…
BBVA Enhances Institutional Crypto Solutions With USDC Integration
BBVA has integrated stablecoin USDC into its services in Switzerland, allowing institutional clients to manage USDC alongside traditional investments. This move enhances efficiency and enables faster, secure crypto trading. The USDC addition follows previous integrations of bitcoin and ether, expanding BBVA’s digital asset solutions for clients. BBVA Adds USDC to Enhance Institutional Crypto Services in […] Source: https://news.bitcoin.com/bbva-enhances-institutional-crypto-solutions-with-usdc-integration/
AI deepfake attacks will extend beyond videos and audio: Security firms
AI-powered deepfake scams are rising, targeting crypto wallets. Experts warn of evolving threats, urging users to protect their digital assets in 2024. Source: https://cointelegraph.com/news/ai-deepfake-scams-threaten-crypto-wallets-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Singapore probes illegal Worldcoin accounts and token sales
Singapore investigates unauthorized Worldcoin account sales as regulators raise concerns over data misuse and criminal activity. Source: https://cointelegraph.com/news/worldcoin-singapore-investigation-money-laundering-terrorism-financing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Brazilian Tax Watchdog Uses AI Tool to Identify Operations Linked to Over $180 Million in Crypto-Related Tax Fraud
The Federal Revenue Service, the Brazilian tax watchdog, recently revealed that it has been using an in-house tool that leverages AI to detect money laundering and tax evasion transactions involving crypto. The tool has already been proven useful in identifying over $180 million in funds involved in the illicit usage of cryptocurrency. Brazilian Tax Watchdog […] Source: https://news.bitcoin.com/brazilian-tax-watchdog-uses-ai-tool-to-identify-operations-linked-to-over-180-million-in-crypto-related-tax-fraud/
SEC ‘dug in’ on bank crypto custody rule as agency’s stance ‘unchanged’
SEC chief accountant Paul Munter said agency staff views on a divisive rule curtailing banks from offering crypto custody services “remain unchanged.” Source: https://cointelegraph.com/news/sec-stance-crypto-custody-banks-unchanged-chief-accountant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Kujira team to build new THORChain app layer following ‘Rujira’ merge
DeFi project Kujira merged with three ecosystem partners to create an alliance to build THORChain’s app layer, backed by a new token. Source: https://cointelegraph.com/news/kujira-forms-alliance-to-build-thorchain-app-layer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound