Nokia recently made a significant move to tap into the AI boom by acquiring Infinera, a U.S. optical network firm, in a $2.3 billion deal . This acquisition is expected to benefit Nokia by allowing the company to sell more equipment to big tech companies, such as Amazon, Alphabet, and Microsoft, who are investing billions of dollars in building new data centers to support the artificial intelligence boom
SpaceX launched a Falcon 9 rocket from the Vandenberg Space Force Base in Southern California on July 19, 2023 . The rocket carried 20 Starlink Internet satellites into low-Earth orbit. Launches from Southern California often provide spectacular views due to the illumination of the Falcon 9 and its exhaust plume by the setting sun against the backdrop of a darkening sky
Foreign diplomats reacted with shock and concern to President Joe Biden's performance at the CNN presidential debate against former President Donald Trump. They raised questions about the implications for the consequential US election and the potential impact on foreign policy if Trump were to be reelected
A United States court has ruled that most claims made by the U.S. Securities and Exchange Commission (SEC) against cryptocurrency exchange Binance can proceed. Judge Amy Berman Jackson stated in a court filing on June 28 that claims related to Binances staking program, the sale of BNB (BNB) after its initial coin offering, anti-fraud violations, and the claim that former Binance CEO Changpeng CZ Zhao acted as a control person will proceed.
The launch of spot Ethereum exchange-traded funds (ETFs) in the United States has been delayed by the U.S. Securities and Exchange Commission (SEC) due to comments made by the SEC on the S-1 forms submitted by prospective ETF issuers. The SEC has requested resubmissions of the forms by July 8, and this additional time has pushed the launch of the spot Ethereum ETFs to mid-July or later
Teri G. Fontenot is an experienced healthcare and hospital executive who has served on various boards, including LHC Group, Inc., where she was appointed to the Board of Directors effective March 1, 2019. She has also served on the boards of other companies, such as PELITAS and AMN Healthcare Services, Inc. . Ms. Fontenot brings significant expertise and experience in the healthcare industry to the Bitcoin Depot Inc. Board of Directors.
the ratio of active Bitcoin addresses has dropped to its lowest level since November 2010. In June, the weekly active wallet ratio reached a low of 1.22% while peaking at 1.32% . Additionally, the total number of active wallets has reached multiyear lows, with the week of May 27 recording 614,770 active wallets, the lowest figure since December 2018
President Joe Biden has acknowledged his age and his perceived poor performance in a recent debate with Republican rival Donald Trump. Despite the concerns raised by his fellow Democrats, Biden has vowed to continue his campaign and defeat Trump in the November presidential election
One notable aspect of this boom is the soaring market value of tech giants like Nvidia. The Magnificent 7, as they are referred to, have collectively gained an impressive $3.6 trillion in market value . This surge in tech stocks has played a crucial role in driving the overall performance of global markets.
The United States Internal Revenue Service (IRS) has revealed its final regulations for crypto broker rules. The new reporting requirements were announced on June 28, 2024, and provide clarity on the scope of industry participants affected by the rule changes
Yield App, a crypto investment platform incorporated in Seychelles, has announced the immediate halt of all operations on its platform due to losses incurred from exposure to FTX, a collapsed cryptocurrency exchange . The decision to shut down the platform was made in the best interest of creditors after pursuing litigation against several hedge funds that incurred substantial losses on assets held in custody on FTX
Bitcoin mining company founded by Chinese billionaire Jihan Wu in 2020, has entered into a 30-year lease agreement with the Monroe County Port Authority to secure up to 570 MW of additional power capacity at the Hannibal Industrial Park in Clarington, Ohio . This strategic partnership significantly increases Bitdeer's total capacity to 2.5 GW globally and strengthens its infrastructure development pipeline for Bitcoin mining and high-performance computing (HPC) and AI
The Central Bank of Bolivia has officially reversed its ban on Bitcoin and other cryptocurrencies after four years. The ban, which was implemented in 2020, prohibited the use, marketing, or transaction of crypto assets in the national payment system .the Latin American Financial Action Task Force (GAFILAT) and acknowledges the growing importance of digital currencies in the global financial ecosystem
Executives in the financial industry recognize the potential of AI in various areas. For example, AI systems could be used to develop code, potentially saving time and expenses on tasks like compliance reports . AI systems may also be better than humans at explaining to clients why certain recommendations, such as portfolio allocations or lending decisions, were made
CDK Global, a software technology provider for auto dealerships, recently experienced a cyberattack that disrupted its dealer management system (DMS). The outage affected approximately 15,000 car sellers who rely on CDK's software to run their businesses, including vehicle sales
. Some dealerships had to resort to manual paperwork to handle transactions, causing delays and disruptions
the United States is disconnecting the troubled humanitarian pier in Gaza for a third time due to anticipated heavy seas and bad weather . The pier was constructed to bring much-needed aid to civilians suffering as the Israel-Hamas war continues, especially when land crossings are frequently closed
Bolivia has lifted its ban on Bitcoin and authorized crypto transactions via banks. The new legislation, which became effective on June 26, 2024, was introduced in collaboration with the Financial Investigations Unit, the Financial System Supervisory Authority, and the central bank of Bolivia.The lifting of the ban marks the end of a prohibition on crypto use in the country that had been in place since 2014
Powell emphasized his support for Trump as the only major party candidate currently advocating for pro-crypto policies. He stated that he is excited to join other leaders from the crypto community in supporting Trump's campaign to ensure that the United States remains a leader in blockchain technology
the value of Boden Memecoin experienced fluctuations after former President Donald Trump made remarks about it. Trump's comments about Boden Memecoin led to a surge in its value, with the coin experiencing a significant increase of up to 25% following his remarks . However, it's important to note that the value of memecoins, including Boden, can be influenced by various factors, including market sentiment and speculative investment culture
crypto market maker GSR Markets, the approval of spot Solana exchange-traded funds (ETFs) in the United States could potentially drive up the price of SOL by a factor of nine . GSR Markets reached this estimate based on the assumption that the spot Solana ETFs would take in 14% of the flows that spot Bitcoin ETFs have seen since their launch in January, relative to their market cap size
The Bitcoin network is currently facing a stubborn transaction backlog, with a significant number of unconfirmed transactions waiting to be included in blocks. The backlog has grown to over 165,000 transactions, causing delays and higher fees for Bitcoin users
the US Securities and Exchange Commission (SEC), the BlackRock Global Allocation Fund disclosed its ownership of 43,000 shares of the iShares Bitcoin Trust (IBIT) as of April 30, 2024 . This marks the third internal BlackRock fund to invest in Bitcoin through the IBIT ETF, following previous filings by BlackRock on May 28
the number of Bitcoin "wholecoiners," which refers to addresses holding one or more Bitcoin, has remained above 1 million for the past 13 months. This milestone was first reached on May 13, 2023, when Bitcoin was trading at around $27,000. The number of wholecoiner wallet addresses reached an all-time high of just over 1,024,000 on January 1 of the same year.Despite fluctuations in the crypto market, the number of wholecoiners has demonstrated remarkable resilience.
On June 27, 2024, President Joe Biden and former President Donald Trump participated in a presidential debate in Atlanta, Georgia. This debate marked the first time in history that a sitting US president faced a former president in a debate .President Biden's performance during the debate was described as struggling, with a hoarse voice and difficulty delivering his points
Microsoft has informed its customers that Russian hackers who broke into its systems earlier this year also spied on staff inboxes and stole emails from its customers. This disclosure comes approximately six months after Microsoft first disclosed the intrusion. The breach highlights the extent of the attack and raises concerns about the security of Microsoft's software and systems against foreign threats
Coinbase, the cryptocurrency exchange is not aware of any breach of its customers' data associated with the Au10tix compliance platform. This statement comes in response to a report that claimed Au10tix employee credentials had been leaked on Telegram. Coinbase has stated that it has no knowledge of any data exposure at this time and will continue to monitor the situation
Keisha Lance Bottoms, the former mayor of Atlanta and a member of Coinbase's global advisory council, will be joining President Joe Biden's campaign for the 2024 United States Presidential election as a senior adviser . Lance Bottoms joined the Coinbase advisory council in April 2024 and served as the mayor of Atlanta from 2018 to 2022 . It is unclear whether she will advise the campaign on crypto-related matters
The agreement involves Cleanspark purchasing all of Griid's outstanding stock in an all-stock transaction. As part of the deal, Cleanspark will also assume Griid's debts. Additionally, an exclusive hosting agreement has been established, granting Cleanspark access to 20 megawatts of power
Google is considering expanding access to its advanced text-to-image AI model, Imagen 3, to its Gemini Advanced subscribers. The information was discovered through an APK teardown of the beta version of the Google app for Android. The app's code suggests that Google may offer early access to Imagen 3 to Gemini Advanced subscribers through a popup message within the app
The market was particularly focused on the monthly personal consumption expenditures (PCE) price index, which is the Federal Reserve's preferred inflation gauge. The anticipation of this data, along with disappointing forecasts from companies like Micron and Walgreens Boots Alliance, contributed to a lackluster performance on Wall Street
The European Union's Markets in Crypto Assets (MiCA) regulation has come into effect in 2024, making it the first major jurisdiction in the world to introduce comprehensive and tailored rules for the crypto sector . MiCA establishes a unique regulatory environment in the EU for crypto businesses, offering greater clarity on the overarching rules for industry players . The regulation aims to deliver transparency, uniformity, and security in the realm of digital assets
VanEck, a prominent issuer of Bitcoin exchange-traded funds (ETFs) in the United States, has filed for a new Solana ETF. This makes VanEck the first company in the US to file for a Solana ETF. The filing was made with the US Securities and Exchange Commission (SEC) and is for a fund called the VanEck Solana Trust
The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) has expressed concerns over the ongoing legal disputes between cryptocurrency exchange Binance and the Nigerian government. BICCoN, which represents the Nigerian blockchain industry, has urged a balanced approach to resolving these issues, noting the potential implications for the country's blockchain ecosystem and international reputation
Under the new NASA contract, SpaceX will construct the U.S. Deorbit Vehicle, which will be responsible for safely deorbiting the space station and avoiding any risks to populated areas. NASA will take ownership of the craft and handle the deorbiting operation .The ISS, a football field-sized research lab, has been jointly led by the United States and Russia for approximately 24 years
OpenAI, the company behind ChatGPT, has entered into a multi-year content deal with Time magazine. This agreement grants OpenAI access to Time's archive of news content. As part of the deal, the ChatGPT chatbot will be able to cite and link back to the original sources on Time.com when responding to user queries. The financial terms of the agreement have not been disclosed.:https://www.reuters.com/technology/artificial-intelligence/openai-signs-multi-year-content-deal-with-time-magazine-2024-06-
State Street Global Advisors, an asset manager with $4.1 trillion in assets under management, has partnered with Galaxy Digital, a crypto investment firm, to launch new exchange-traded funds (ETFs) that provide exposure to digital assets beyond spot Bitcoin ETFs
the United States government sent 3,940 Bitcoin to a Coinbase Prime wallet on June 26, 2024. The transaction took place at 5:00 pm UTC and involved Bitcoin that was seized from Banmeet Singh, a convicted drug dealer, during his January 2024 trial
.Banmeet Singh, a dark web vendor, was arrested by British authorities in London in 2019 on drug distribution charges.
Arkham Intelligence, the United States government sent 3,940 Bitcoin to a Coinbase Prime wallet on June 26, 2024. The Bitcoin was seized from Banmeet Singh, a convicted drug dealer, during his January 2024 trial
Marathon Digital, a prominent Bitcoin mining company, has recently announced that it has mined $16 million worth of Kaspa (KAS) tokens since September 2023. The move to mine Kaspa is part of Marathon Digital's strategy to diversify its revenue streams and capitalize on higher margins possible with Kaspa mining machines
Juan Carlos Reyes, the president of El Salvador's National Commission of Digital Assets (CNAD), has been engaging with Argentina to share his experiences and insights regarding Bitcoin adoption. Reyes, who started his Bitcoin journey in 2013, has been actively involved in promoting the use of cryptocurrencies in El Salvador
However, it's important to note that investing in cryptocurrencies can have psychological effects on students. Another survey revealed that South Korean college students who have invested in crypto often experience stress, mood swings, and insomnia. Many students struggle to balance their studies and daily routines due to the psychological impact of investing in cryptocurrencies
Reddit has announced that it will update a web standard used by the platform to block automated data scraping from its website. The decision comes in response to reports that AI startups were bypassing the rule to gather content for their systems. The move aims to address concerns about unauthorized scraping and protect the integrity of Reddit's content.Last week, a letter from the content licensing startup TollBit highlighted that several AI firms were circumventing the web standard to scrape
One recent development in the Web3 space is the creation of a decentralized application (DApp) called Propeller.chat. This DApp, built on the River Protocol, aims to enhance the way product teams interact with their user base by focusing on meaningful engagement and dynamic feedback, similar to Trustpilot
The upcoming UK General Election on July 4th, as indicated by the search results, has implications for the crypto sector and its regulatory environment. The Conservative Party, which has been in power for nearly 14 years, has pursued initiatives to position the UK as a global crypto hub and has introduced legislation recognizing digital assets as regulated financial services
the bill would require the Secretary of the Treasury to develop and implement a system for accepting Bitcoin as payment for individual federal taxes. It also includes provisions for the Internal Revenue Service (IRS) to enter into contracts for services related to receiving Bitcoin payments. The bill suggests that rules similar to those governing credit card payments would apply to fees associated with these services
OpenAI's "Voice Mode" is intended to provide a realistic voice conversation experience for users of ChatGPT Plus. The company is working on improving the model's ability to detect and refuse certain content, enhancing the user experience, and preparing the infrastructure to handle scaling to millions of users while maintaining real-time responses
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European stock markets were higher on Wednesday, with positive risk sentiment in Europe following a rebound in the market. The market was also bracing for a French election and a key U.S. inflation reading
shares of Nvidia (NVDA) surged nearly 7% on Tuesday, bouncing back from a three-session decline that had wiped out approximately $430 billion from the company's market value. After the rebound, Nvidia's shares finished at $126.09, recovering from a drop of around 13% since their June 18 close of $135.58.
The Lightning Network is a layer-2 scaling solution for Bitcoin that enables faster and cheaper transactions. By integrating the Lightning Network, Nubank customers will be able to conduct everyday payments, transfers, and international purchases using Bitcoin . This development aligns with Nubank's continuous efforts to innovate and improve its services
anonymous Bitcoiner made a significant contribution to help Julian Assange, the founder of WikiLeaks, pay off his debt and secure his freedom. Julian Assange was required to pay $520,000 to the Australian government for the forced chartering of flight VJ199 to travel to Saipan and Australia. In an effort to assist with the debt, Assange's wife, Stella Assange, started a crowdfunding page
Bitcoin exchange-traded funds (ETFs) have experienced significant outflows, with a total of $1.3 billion being shed over the course of two weeks. This comes as the price of Bitcoin has seen a decline, dropping 11.6% from $69,476 on June 10 to $61,359 at the time of publication. The recent outflows from Bitcoin ETFs mark the largest since April, when these investment vehicles experienced net outflows exceeding $1.2 billion between April 24 and the beginning of May
Trump's potential presence at the Bitcoin 2024 convention has drawn attention due to his recent statements expressing support for cryptocurrency. At a recent event at Mar-a-Lago, Trump mentioned his advocacy for Bitcoin mining, his willingness to accept political donations in cryptocurrency, and his criticism of what he referred to as "Joe Biden's crusade to crush crypto"
Bitcoin mining company Bitdeer has recently announced that it has entered into a 30-year leasing agreement with the Monroe County Port Authority for a site located at the Hannibal Industrial Park in Clarington, Ohio . This leasing agreement will provide Bitdeer with up to 570 MW of additional power capacity
Notes by mardiman | export