Ever heard of crypto rug pulls? Find out what they are and how to identify the six warning signs that could protect your hard-earned money from disappearing overnight. Source: https://cointelegraph.com/explained/crypto-rug-pulls-what-is-a-rug-pull-in-crypto-and-6-ways-to-spot-it?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Coinbase to Delist USDT in Europe Amid New EU Regulations
Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase’s efforts to adhere to the new rules, which require stablecoin issuers to obtain an e-money license in an EU member state. […] Source: https://news.bitcoin.com/coinbase-to-delist-usdt-in-europe-amid-new-eu-regulations/
Wealthiest Man in Argentina Praises Bitcoin’s Strength Against Government Intervention
Marcos Galperin, founder and CEO of Latin America’s e-commerce and financial services giant Mercado Libre, shared his perspective on bitcoin and cryptocurrency. In a recent interview, Galperin stated that he believes cryptocurrencies will play a “very, very important role” in the future of people’s finances. He disclosed that he invested in bitcoin in 2013 when […] Source: https://news.bitcoin.com/wealthiest-man-in-argentina-praises-bitcoins-strength-against-government-intervention/
Telegram to enable NFT conversion for new Gifts feature
While Telegram did not specify a specific date for implementing NFT support for Gifts, its CEO said that the feature will be launched “later this year.” Source: https://cointelegraph.com/news/telegram-gifts-to-allows-nft-conversion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DMCC and CVVC Partner to Drive Web3 Innovation
The Dubai Multi Commodities Centre (DMCC) Crypto Centre and the Swiss early-stage blockchain venture capital firm CVVC have partnered to support the Web3 ecosystems in Dubai and Switzerland. The partnership aims to foster collaboration, knowledge sharing, and innovation in blockchain technology. Both organizations believe this collaboration will accelerate Web3 adoption and drive business innovation globally. […] Source: https://news.bitcoin.com/dmcc-and-cvvc-partner-to-drive-web3-innovation/
Last Week Featured Bullish Continuation
This editorial is from last week’s newsletter, Week in Review, with some slight tweaks to dates so the article makes sense. Subscribe to the newsletter to get this editorial the second it’s released, which also includes the biggest stories of the week and a comment on each story. One Week Ago, Bulls Continued Their Parade […] Source: https://news.bitcoin.com/last-week-featured-bullish-continuation/
AI Powerhouse Openai Raises $6.6B Achieving a $157B Valuation
AI startup Openai reported closing a funding round led by Thrive Capital and the participation of other tech companies like Microsoft and Nvidia. The $6.6 billion raised would be used to expand its set of tools and raise its computing capacity, which needs to increase significantly to train new AI models. AI Company Openai Aims […] Source: https://news.bitcoin.com/ai-powerhouse-openai-raises-6-6b-achieving-a-157b-valuation/
Spellborne’s Side Quests Take Center Stage
Having completed the main quests of Season 1, Regina returns to the captivating world of Spellborne to tackle the latest side quests. What ensues is an intense blend of strategy, reflex challenges, and immersive world-building. Last week’s quick recap In Heroes of Mavia, players build and defend military bases while battling opponents in a strategy-driven […] Source: https://news.bitcoin.com/spellbornes-side-quests-take-center-stage/
LEGO removes crypto scam from homepage after being hacked: Report
The “LEGO Coin” token appeared on the toy manufacturer’s homepage for roughly 75 minutes before being taken down, onlookers said. Source: https://cointelegraph.com/news/lego-removes-crypto-token-scam-from-homepage?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Ponzi Leader Receives 121-Month Prison Sentence
David Carmona, founder of the Icomtech cryptocurrency Ponzi scheme, has been sentenced to over 10 years in prison for defrauding investors with false promises of profits. His scheme targeted working-class people with the lure of financial freedom through cryptocurrency trading and mining, none of which actually took place. Lavish expos were held to entice more […] Source: https://news.bitcoin.com/crypto-ponzi-leader-receives-121-month-prison-sentence/