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Israeli Cyber Crime Unit Raids Company Accused of Producing a Crypto-Stealing ‘Sting Software’

September 7, 2023 0

Israeli law enforcement recently raided the offices of a company accused of producing software used by criminals to defraud crypto investors of millions of dollars. Some six suspects were arrested following the raid on a company that is reportedly operated by the country’s infamous crime

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Blockchain Firm Raises Millions From Andreessen Horowitz, Paris Hilton to Help Monetize AI Mashups

September 7, 2023 0

Investors led by Andreessen Horowitz have backed a company that has set out to help content creators monetize their work in the age of artificial intelligence (AI). The tech firm intends to employ blockchain technology to track remixes and mashups that have been spreading online since the invent of AI tools like Chatgpt. Investors Pledge […]

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Canaan to Launch Avalon 14 Series Bitcoin Miner With Advanced 1X J/TH Efficiency

September 7, 2023 0

In mid-August, Bitmain revealed its intention to launch a new Antminer featuring an efficiency rating of 1X joules per terahash (J/TH). Three days after this disclosure, Canaan also announced plans to unveil a novel product but with little details. Canaan has since offered more information, indicating that their upcoming release will belong to the Avalon […]

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JPMorgan Expects SEC to Approve Multiple Spot Bitcoin ETFs at Once

September 7, 2023 0

Global investment bank JPMorgan expects the U.S. Securities and Exchange Commission (SEC) to approve multiple spot bitcoin exchange-traded funds (ETFs) at once, instead of giving one company the advantage of being the first. The bank’s analyst explained that if the securities regulator wants to defend its denial of Grayscale’s bitcoin ETF conversion proposal, it would […]

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Peter Schiff Says US Can’t Afford to Decouple From China — Warns of Dollar Collapse

September 7, 2023 0

Economist Peter Schiff has warned that the U.S. cannot afford to decouple from China. “Our entire standard of living rests on the support of China,” he stressed, adding that “If we lose that support, it’s going to collapse.” He also predicted the collapse of the U.S. dollar as the USD loses its world’s reserve currency […]

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Analyst Predicts SEC Will Approve First Spot Bitcoin ETF by Mid-March Next Year

September 6, 2023 0

Asset management firm Bernstein has predicted that the U.S. Securities and Exchange Commission (SEC) will approve its first spot bitcoin exchange-traded fund (ETF) between mid-October and mid-March next year. The firm’s analyst believes that “the crypto ETF opportunity won’t just stop at bitcoin but will extend into multiple crypto assets.” Bernstein’s Spot Bitcoin ETF

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Bitcoin’s 21 Million Supply Cap: Immutable Truth or Future Flexibility?

September 6, 2023 0

This week, the crypto community is abuzz with discussions about Bitcoin’s 21 million supply cap and the potential for its alteration. On September 4, in a social media exchange, software developer and Bitcoin Core contributor Peter Todd expressed his belief that in “10-20 years the idea of a hard fork to add a small tail […]

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Tornado Cash Co-Founder Pleads Innocence Amidst Money Laundering and Hacking Scandal

September 6, 2023 0

On the 6th of September, 2023, the Inner City Press (ICP) delivered an account of the legal proceedings involving Roman Storm, one of the co-creators behind the ethereum (ETH) mixing protocol, Tornado Cash. In the courtroom drama that unfolded, Storm resolutely declared his innocence by pleading not guilty to the charges levied against him. Tornado […]

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Arkham Intelligence Identifies Grayscale’s $16 Billion Onchain Bitcoin Holdings

September 6, 2023 0

Arkham Intelligence, a leading crypto analytics firm, unveiled on Wednesday its findings on Grayscale’s Bitcoin Trust onchain holdings. This revelation comes just six days after Arkham shed light on the fund manager’s onchain ethereum assets. Unmasking Grayscale’s Bitcoin Trust: Arkham Intelligence Exposes $16 Billion Onchain Bitcoin Assets The crypto analytics startup,

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Bitcoin Mining Difficulty Dips 2.65%; Network Clocks Modest Uptick in Hash Price

September 6, 2023 0

On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a slight reprieve for miners. This marks the first decline since July 26, when a 2.94% slide was recorded at block height 802,368. Bitcoin Miners See Relief With 2.65% Difficulty Drop and Rising Hash Price As of Tuesday […]