The recent rise in the price of bitcoin due to geopolitical issues is prompting nations to consider introducing BTC as part of their reserves. In this context, countries like El Salvador, which is already purchasing bitcoin, might consider issuing debt to fund larger purchases. El Salvador Could Increase Its Bitcoin Purchases Issuing Debt Bitcoin has […] Source: https://news.bitcoin.com/should-el-salvador-follow-microstrategys-bitcoin-playbook-a-high-stakes-move/
Month: November 2024
Justin Sun paid $6M for a banana taped to a wall and now plans to eat it
The artwork consists of a regular store-bought banana stuck to a wall with duct tape which sold in New York for four times the estimated sales price. Source: https://cointelegraph.com/news/justin-sun-paid-6m-for-banana-art-eat-it?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Justin Sun Goes Bananas: Snags Controversial “Comedian” Artwork for $6.4 Million
What’s worth millions, taped to a wall, and destined to rot? Hint: It’s art you can’t hang for long. Maurizio Cattelan’s infamous duct-taped banana art piece, Comedian, fetched an eye-popping $6.24 million, including fees, at Sotheby’s contemporary art auction in New York on Wednesday night. The sale saw six bidders battle it out before Jen Hua, deputy chairman of Sotheby’s…
Coinbase scammer claims earning 5 figures a week targeting crypto CEOs
“We’re hitting CEOs, CFOs, software engineers,” the brazen scammer told Casa CEO Nick Neuman: “We don’t call poor people.” Source: https://cointelegraph.com/news/coinbase-support-scammer-boasts-earning-5-figures-a-week-phishing-crypto-ceos?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Floki Trading Volumes Surge as Coinbase Confirms Exchange Listing
Floki (FLOKI), the dog-themed coin based on Ethereum, is gaining momentum following confirmation from Coinbase on Wednesday afternoon that it would list the asset in the coming day. Trading volume for Floki jumped 99.4% in the past 24 hours, indicating a surge in market activity following Coinbase’s confirmation that trading for Floki will begin at 9 AM PT Thursday once…
Deutsche Bank’s AI Gamble: Partnership With Aleph Alpha Expected to Boost Innovation
Deutsche Bank has invested in German artificial intelligence (AI) startup Aleph Alpha. The bank aims to leverage AI for operational efficiency and regulatory compliance. Deutsche Bank: Perfect Partner for AI Innovation Strategy German financial services giant Deutsche Bank has joined artificial intelligence (AI) startup Aleph Alpha as a strategic investor and partner. As part of […] Source: https://news.bitcoin.com/deutsche-banks-ai-gamble-partnership-with-aleph-alpha-expected-to-boost-innovation/
DeFi, gaming will be ‘most positively affected’ by Trump: Sky Mavis
Jeffrey Zirlin says the election of Donald Trump will take regulatory pressure off the “token design” and allow for radical new kinds of innovation and experimentation. Source: https://cointelegraph.com/news/defi-gaming-most-positively-affected-industry-trump-sky-mavis-co-founder?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Price Blasts Past $97,000 as Futures Hint at More Room to Run
Bitcoin continues to set new records this year as traders begin eyeing a six-figure price for the world’s largest crypto and according to analysis of the asset’s derivatives market, it’s yet to overheat. The asset climbed to well above $97,000 late Wednesday evening, blasting through its previous highs above $95,000 in less than an hour, CoinGecko data shows. Its seesawing…
Binance Warns of Fake Tokens Exploiting Its Name
Cryptocurrency exchange Binance warned its community on Monday about a surge in fraudulent tokens falsely claiming affiliation with the platform, spreading across social media. The company emphasized that these tokens are neither endorsed nor authorized by Binance, potentially exposing users to scams and financial harm. “Please remember to verify information through our official channels. Be […] Source: https://news.bitcoin.com/binance-warns-of-fake-tokens-exploiting-its-name/
US charges 5 crypto hackers in $11M scheme linked to ‘Scattered Spider’
The US has laid charges against a group accused of a hacking spree, with one alleged victim being robbed of over $6.3 million worth of crypto. Source: https://cointelegraph.com/news/us-charges-crypto-hackers-linked-scattered-spider?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound