The Russian economy has experienced substantial growth across various sectors, with unemployment rates remaining historically low, despite ongoing Western sanctions related to the Ukraine conflict. Industrial production, driven by military manufacturing, saw a 3.3% increase in July, and the GDP growth rate for the first half of the year reached 4.6%, compared to 1.8% in […] Source: https://news.bitcoin.com/99-arrested-in-philippine-crypto-scam-hub-raid-2/
Coinbase CEO Brian Armstrong announced the platform’s first AI-to-AI cryptocurrency transaction, highlighting a new application of digital currency by artificial intelligence agents. Armstrong believes this advancement will enhance AI’s capacity to independently obtain resources and engage with humans and other AI systems. He encourages developers to add crypto wallets to support the growth of AI-to-AI […] Source: https://news.bitcoin.com/coinbase-reports-its-first-ai-to-ai-crypto-transaction/
Rhodium Encore LLC, a bankrupt bitcoin mining company, has received court approval for a unique debtor-in-possession financing plan that allows borrowing in either U.S. dollars or bitcoin. Galaxy Digital Holdings Ltd., a blockchain firm led by Mike Novogratz, has offered to provide Rhodium with a loan of either $30 million in dollars or 500 bitcoin. […] Source: https://news.bitcoin.com/court-approves-btc-loan-for-bankrupt-bitcoin-mining-firm/
Opinion: If investors want to see a bull run take off this cycle, they should shift their attention from memecoins to AI and real-world assets. Source: https://cointelegraph.com/news/ditch-memecoins-look-rwa-artificial-intelligence-instead?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Frax Finance has launched the Frax Name Service (FNS), a decentralized identity service that allows users to register unique names on the Frax blockchain. Frax Finance Expands Ecosystem With Launch of Frax Name Service Frax Finance has introduced the Frax Name Service (FNS), a decentralized identity service designed specifically for the Frax ecosystem. FNS is […] Source: https://news.bitcoin.com/frax-finance-launches-frax-name-service-for-decentralized-identity-management/
The feature could be very useful, but privacy analysts have raised concerns over its reach. Source: https://cointelegraph.com/news/windows-previews-intelligent-media-search-that-transcribes-videos-and-audios?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Brazilian Supreme Court ordered a nationwide ban on X after a prior order mandating the social platform to assign a local representative was ignored. Brazilians began to lose access to the site on Saturday, as the Supreme Court prohibited citizens from using virtual private network (VPN) software to circumvent the blockage, establishing fines of […] Source: https://news.bitcoin.com/brazilian-supreme-court-bans-x-imposes-fines-for-vpn-circumvention/
In the wake of Telegram CEO Pavel Durov’s bombshell arrest in France last weekend and subsequent criminal indictment, much is still uncertain—particularly, how the high-stakes drama will impact Telegram’s massive crypto ambitions. This year, Telegram became perhaps the most prominent company to ever jump with both feet into the cryptosphere. The dominant messaging service encouraged the proliferation of an ecosystem…
Traders could be waiting for Bitcoin to bounce off the $55,724 support opening positions in LTC, FET, MNT and AAVE. Source: https://cointelegraph.com/news/bitcoin-remains-pinned-below-60-000-but-ltc-fet-mnt-and-aave-show-promise?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
With just 65 days remaining until the U.S. presidential election, bitcoin wrapped up August with an 8.6% decline compared to where it started the month. Historically, in the last two election cycles, bitcoin’s value has only shown substantial appreciation after the election had ended and a victor was declared. From 2012 to 2020: How Bitcoin […] Source: https://news.bitcoin.com/us-election-year-bull-runs-how-bitcoin-historically-surged-post-victory/
