The price of Bitcoin briefly dipped below $70,000 Thursday after closing in on a new all-time high earlier in the week. On Tuesday, the asset nearly beat its March record of $73,737. It then traded sideways before dipping on Thursday. Over the past 24 hours, the world’s largest crypto fell 2.8% to $70,300. CoinGecko data shows. Its dip comes as traders…
Victims of ‘Hong Kong’s FTX’ take aim at $29M seized by police, central bankers bash stablecoins, crypto scammers busted over luxury condo. Source: https://cointelegraph.com/magazine/victims-ftx-hong-kong-civil-suit-gemini-singapore-express/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A federal jury convicted a man for orchestrating an NFT rug pull scheme, pocketing nearly $400,000 through abandoned projects and cryptocurrency laundering schemes. The NFT Rug Pull That Went Too Far — Federal Jury Brings Verdict The U.S. Department of Justice (DOJ) announced Thursday that a federal jury in Tampa, Florida, found Berman Jerry Nowlin, […] Source: https://news.bitcoin.com/doj-takes-down-rug-pull-duo-behind-400000-nft-debacle/
Current Know Your Customer verification procedures are often cumbersome, costly, and time-consuming for industry service providers. Source: https://cointelegraph.com/news/binance-partners-amazon-web-services-enhance-user-experience?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nexo has announced a rebranding initiative, repositioning itself as a digital asset wealth platform aimed at long-term crypto wealth management. Nexo Targets Wealthy Investors With Rebrand Amid Crypto Market Changes According to the announcement shared with Bitcoin.com News, the development aligns with the evolving crypto landscape as Nexo seeks to cater to experienced investors interested […] Source: https://news.bitcoin.com/nexo-launches-digital-asset-wealth-platform-in-strategic-rebrand/
Gold is rising, and so is Bitcoin. And both are poised to continue seeing gains in the weeks to come thanks to geopolitical uncertainty, worries over the strength of the dollar, and the upcoming U.S. election, according to JP Morgan analysts. In a Thursday report, analysts at the bank said that a “debasement trade” is coming—which could further drive demand for…
It’s the second bet on Web3 gaming by VanEck’s liquid token strategy fund. Source: https://cointelegraph.com/news/vaneck-invests-web3-gaming-startup-gunzilla?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
OpenAI officially launched web search capabilities in ChatGPT today, transforming its conversational AI into a potent search competitor. The integration arrives first for paid subscribers and SearchGPT waitlist users, with a broader rollout planned for free, enterprise, and education users in the coming weeks. “Now, chat can get you to a better answer: Ask a question in a more natural,…
BOB, short for “Build on Bitcoin,” is now part of the Superchain ecosystem, a network expanding with Optimism’s OP Stack. As a hybrid layer-two (L2) solution, BOB taps into the strengths of both Bitcoin and Ethereum, merging Bitcoin’s security with Ethereum’s adaptable framework. This blend overcomes Bitcoin’s limitations in smart contracts and interoperability, creating a […] Source: https://news.bitcoin.com/build-on-bitcoin-protocol-joins-superchain-as-first-hybrid-l2/
The United States Securities and Exchange Commission (SEC) issued a Wells notice to Immutable within the last month, a company spokesperson told Decrypt on Thursday, warning the Ethereum gaming platform’s maker that it could soon face an enforcement action. The company said in a statement that the regulator also sent a letter detailing alleged violations of securities laws to the…
