The United States Securities and Exchange Commission (SEC) has filed an amended lawsuit against Tron founder Justin Sun, claiming he spent a significant amount of time in the U.S., thus granting the SEC jurisdiction over him and his businesses. The SEC alleges that Sun’s extensive travel within the U.S., totaling at least 380 days between […] Source: https://news.bitcoin.com/sec-amends-lawsuit-against-tron-founder-asserting-us-jurisdiction/
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Nigerian Instagram Celebrity Could Face Jail Time for ‘Spraying’ National Currency
Nigerian Instagram celebrity, Pascal Okechukwu, has pleaded not guilty to three counts of abusing naira banknotes. The charges against Okechukwu relate to three incidents in which he allegedly tampered with or “sprayed” NGN500 banknotes. Another Nigerian celebrity, Oluwadarasimi Omoseyin, received a six-month prison sentence for the same offence. Nigerian Authorities Clamp Down on Naira ‘Spraying’ […] Source: https://news.bitcoin.com/nigerian-instagram-celebrity-could-face-jail-time-for-spraying-national-currency/
Dubai Defies Nature’s Fury: Global AI and Blockchain Shows Shine Through Adverse Weather
PRESS RELEASE. Dubai, April 19, 2024: Following a resounding success, VAP Group is thrilled to announce the triumphant conclusion of the inaugural editions of the Global AI Show and the Global Blockchain Show, held on April 16 and 17, 2024, at Grand Hyatt, Dubai. The heavy rainfall that hit Dubai on Tuesday this week, most […] Source: https://news.bitcoin.com/dubai-defies-natures-fury-global-ai-and-blockchain-shows-shine-through-adverse-weather/
Russian Duma Financial Market Chairman States Digital Financial Assets Might Replace Fiat for International Payments
Chairman of the Russian State Duma Committee on the Financial Market Anatoly Aksakov stated that digital financial assets, issued by institutions regulated by the central bank, could replace fiat channels for international settlements. Aksakov also acknowledged that while not being controlled for this use case, digital assets were already being used to settle international payments. […] Source: https://news.bitcoin.com/russian-duma-financial-market-chairman-states-digital-financial-assets-might-replace-fiat-for-international-payments/
Central Bank of Fiji Warns About Penalties For Purchasing Cryptocurrency
The Reserve Bank of Fiji, Fiji’s central bank, reminded Fijians that cryptocurrencies were not accepted as legal tender in the country. In a recent press release, the institution reinforced that purchasing cryptocurrency with funds held in Fiji was illegal and that penalties could be applied to citizens doing so without the bank’s approval. Reserve Bank […] Source: https://news.bitcoin.com/central-bank-of-fiji-warns-about-penalties-for-purchasing-cryptocurrency/
Bitcoin Price Dives Below $60,000 Less Than 24 Hours Before Halving
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The Bitcoin halving is less than a day away, but the price of the leading cryptocurrency isn’t showing much strength ahead of the quadrennial event. The…
Operation Racer: Hong Kong Authorities Dismantle Cryptocurrency Laundering Operation
Hong Kong customs officers arrested three individuals involved in a HK$1.8 billion ($228 million) money laundering operation that utilized a cryptocurrency platform and bank accounts of shell companies, with investigations revealing suspicious activities such as abnormally frequent large transactions in accounts with no clear financial backgrounds. The suspects, who did not know each other, allegedly […] Source: https://news.bitcoin.com/operation-racer-hong-kong-authorities-dismantle-cryptocurrency-laundering-operation/
Plan B Predicts Repeat Performance Post-Bitcoin Halving Amid Mixed Analyst Forecasts
At block height 839,856, the Bitcoin blockchain stands a mere 144 blocks short of the forthcoming reward halving at block height 840,000. Historically, bitcoin’s price has seen substantial increases following prior halving events. However, there are speculations that this occurrence might not follow the previous pattern. This week, the creator of the stock-to-flow (S2F) price […] Source: https://news.bitcoin.com/plan-b-predicts-repeat-performance-post-bitcoin-halving-amid-mixed-analyst-forecasts/
Meta Pushes AI Chatbot Into Instagram, Facebook, WhatsApp
Social media giant Meta has added its newest AI assistant to almost all its apps, co-founder and CEO Mark Zuckerberg announced on Thursday. “We are releasing the new version of Meta AI, our assistant that you can ask any question across our apps and glasses,” Zuckerberg said in a video posted to Instagram. “Our goal is to build the world’s…
Bitcoin Halving: Goldman Sachs Downplays Impact of ‘Buy the Rumor, Sell the News’
Goldman Sachs analysts believe that whether the upcoming Bitcoin halving will turn out to be a “buy the rumor, sell the news” event may have less impact on bitcoin’s medium-term outlook. They explained that the bitcoin price performance will likely continue to be driven by the supply-demand dynamic and continued demand for spot bitcoin exchange-traded […] Source: https://news.bitcoin.com/bitcoin-halving-goldman-sachs-downplays-impact-of-buy-the-rumor-sell-the-news/