Month: September 2024

OpenAI had one of its official Twitter accounts compromised to promote a fake cryptocurrency, the fourth time the Chat GPT developer has fallen foul of similar schemes. The account urged followers to claim a non-existent token known as $OPENAI, which it said would “bridge the gap” between blockchain technology and AI. “All OpenAI users are eligible to claim a piece…

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An early bitcoin whale has made waves in the crypto world, according to the onchain analytics platform Arkham Intelligence. This long-time holder transferred five bitcoins to Kraken, while still sitting on an impressive 1,215 BTC—worth a hefty $77 million as of today. Arkham: Vintage Bitcoin Whale Sends 5 BTC to Kraken After Years of Inactivity […] Source: https://news.bitcoin.com/2009-bitcoin-whale-moves-5-btc-to-kraken-holds-over-1200-btc/

According to the latest figures from sosovalue.xyz, spot bitcoin exchange-traded funds (ETFs) pulled in $4.56 million in inflows, while ether ETFs saw a hefty outflow of $79.21 million on Monday. Mixed Day for Crypto ETFs Spot bitcoin ETFs had a positive day on Monday as three funds attracted inflows during the session. Fidelity’s FBTC took […] Source: https://news.bitcoin.com/bitcoin-etfs-boosted-by-inflows-ether-etfs-hit-by-79-21m-outflow/

Russia is pushing to develop independent interbank networks and payment systems within BRICS to boost the bloc’s financial influence. Moscow aims to expand cross-border settlements and the use of national currencies in BRICS trade, as part of a strategy to reduce dependence on Western financial institutions. These efforts have gained attention during Russia’s BRICS presidency, […] Source: https://news.bitcoin.com/russia-pushes-for-sustainable-brics-interbank-networks-and-payment-systems/

Bitcoin’s recent rally has brought it within striking distance of its August monthly high, a level that analysts say is a potential springboard to new all-time highs. During European trading hours Tuesday, Bitcoin is trading at $63,710, up 0.4% in the last 24 hours and approximately 9% over the past week, according to CoinGecko data. In their Cryptocurrency Compass report…

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