At its highly anticipated event on Monday, Apple introduced the iPhone 16, the latest iteration of its popular mobile device the company called its most intelligent yet. Powered by Apple Intelligence and the new A18 chip, the iPhone 16 aims to revolutionize the user experience with advanced machine learning capabilities built directly into the device. Beyond its intelligence, the iPhone…
Month: September 2024
Trump-Harris Debate Expected to Drive Crypto Volatility, QCP Capital Says
QCP Capital notes that the highly anticipated debate between former President Donald Trump and current Vice President Kamala Harris may have a significant impact on the crypto market. Both figures, who are among the most polarizing in recent U.S. political history, are expected to influence price action in the days leading up to the debate. […] Source: https://news.bitcoin.com/trump-harris-debate-expected-to-drive-crypto-volatility-qcp-capital-says/
US, Canadian investors to get full compensation in GSB Group settlement
The German group is accused of running a multilevel marketing scheme that took in hundreds of millions of dollars in supposed crypto and metaverse investments. Source: https://cointelegraph.com/news/us-investors-recover-funds-lydian-world-metaverse-scam?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UK Parliament could summon Elon Musk over X operations
Labour MP Dawn Butler wants Musk to discuss the operations of his social media network X and its role in spreading misinformation. Source: https://cointelegraph.com/news/uk-parliament-summon-elon-musk-x-operations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Judge issues temporary stay in Kalshi v. CFTC election betting case
Judge Jia Cobb said the court would hold a hearing on Sept. 12 to address competing motions filed by the CFTC and Kalshi over betting on US elections. Source: https://cointelegraph.com/news/cftc-kalshi-election-betting-temporary-stay-court?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Wealth advisers adopting BTC ETFs faster than any in history: Bitwise CIO
The CIO rebutted a more bearish take by investment researcher Jim Bianco, who noted that 85% of Bitcoin ETF uptake “is NOT from tradfi institutions.” Source: https://cointelegraph.com/news/wealth-advisers-adopting-bitcoin-etfs-faster-history-bitwise-cio?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Rebounds, Boosting Market Sentiment
Stocks tied to Bitcoin exposure saw a notable recovery this week as Bitcoin (BTCUSD) managed to pare some of the losses it suffered on Friday. The crypto stocks recovery was fueled by Bitcoin’s resurgence above $56,000 after dropping to around $52,600 last week. Despite this rebound, Bitcoin still remains below its highs from earlier in the week, but the upward…
Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility
Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also plans to install 1,000 more machines in September. Compass Mining Scales Iowa Facility The bitcoin mining operator Compass Mining shared that it has energized 3,000 machines at the new site, with plans for an additional […] Source: https://news.bitcoin.com/compass-mining-energizes-3000-bitcoin-mining-rigs-at-iowa-facility/
Cryptocurrency Scams Surge 45% in 2023, FBI Reports
Losses from cryptocurrency scams in 2023 surged by 45% compared to the previous year, according to a recent report from the FBI. The total losses amounted to more than $5.6 billion, driven by scammers who exploited the speed and irreversibility of digital asset transactions. With the rise in popularity of cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), as well as…
Friend.tech Creators Bail on Ethereum Social Platform Four Months After Token Launch
The creators of cryptocurrency-fueled social network Friend.tech relinquished control over the platform’s smart contracts Saturday, signaling that development work has effectively ended just four months after its token launched. The invite-only application built on Ethereum layer-2 network Base burst onto the crypto scene in August last year, letting users buy and sell “keys” attached to Twitter (aka X) accounts. Describing…