Choi was previously indicted in June 2023 for allegedly attempting to establish a copycat chip factory in China using sensitive information obtained from Samsung. His lawyer, Kim Pilsung, stated that Choi denies any wrongdoing, asserting that the information he is accused of stealing is publicly available. This case highlights South Korea's ongoing efforts to combat industrial espionage and curb China's advancements in chip manufacturing.


The investment will be divided into two phases: the first phase will involve 587.63 billion rupees (around $7 billion), while the second phase will account for 251.84 billion rupees (approximately $3 billion). The facility is expected to produce chips that will be utilized in various applications, including drones, automobiles, smartphones, and other mobility solutions. Tower Semiconductor specializes in analog chips, which are crucial for automotive and medical applications.


Intel has faced significant financial difficulties, including an 8% revenue decline in its PC client business last year, prompting the company to explore options for shedding certain business units. Qualcomm's interest in acquiring parts of Intel's design operations comes at a time when Intel is looking to streamline its operations and focus on its core strengths.


The jobs report revealed that only 114,000 jobs were added, significantly below expectations, and the unemployment rate unexpectedly rose to 4.3%. This data has intensified speculation about the Federal Reserve's next moves, particularly regarding interest rate cuts. While some analysts believe that the weaker job growth could prompt the Fed to lower rates to stimulate economic activity, others caution that the central bank's decisions will depend on a broader range of economic indicators


The regulatory actions have sparked concerns within the crypto community about the lack of clarity and guidance from regulators. Many in the industry argue that the recent legal battles have not provided the regulatory clarity that firms have been seeking for years. Uniswap's legal team has expressed frustration, suggesting that engaging with the SEC feels like "talking to a wall"


The SEC filed a lawsuit against Coinbase in June 2023, accusing the company of operating as an unregistered securities exchange, broker, and clearing agency. Since then, Coinbase has been engaged in a legal struggle to compel the SEC to provide documents that it claims are essential for its defense. The exchange's chief legal officer, Paul Grewal, expressed optimism about the court's order, indicating that it would lead to the SEC producing important materials for the civil case.


The EFUT ETF faced significant hurdles since its launch, including a decline in value and limited trading volume. On its debut, the ETF was reported to be down by 6.6%, reflecting the volatility and uncertainty that often accompany cryptocurrency investments. The broader market for Ether futures ETFs has struggled to gain traction, which may have contributed to VanEck's decision to shutter the fund.


The call for crypto discussions is underscored by the increasing relevance of digital assets among younger voters, particularly millennials and Gen Z, who view cryptocurrencies as a significant economic and financial issue. As the crypto community continues to grow, its influence on the electoral process may become more pronounced, potentially swaying the outcome of the election.


This endorsement of Harris by Cheney, a prominent figure in the Republican Party and former vice president under George W. Bush, has sparked considerable discussion. Liz Cheney echoed her father's sentiments, highlighting the seriousness of the current political climate and the perceived dangers posed by Trump. The announcement has drawn mixed reactions, with some expressing shock at Cheney's decision to support a Democratic candidate.


The forecasted $10.3 billion investment in Bitcoin by US companies underscores a significant shift in corporate strategy towards digital assets, driven by the need for inflation protection and long-term value preservation. As more companies recognize the benefits of Bitcoin, its role in corporate finance is likely to expand further.


The company reported a 13% decrease in Bitcoin production in August 2024 compared to July. Bitcoin mining firms have been grappling with profitability challenges due to increasing energy costs and adjusting to the Bitcoin network’s halving event in April, which cut mining rewards from 6.25 BTC to 3.125 BTC per 210,000 blocks.


CryptoQuant's analysts suggest that Ethereum's price is still above what they consider an undervalued range. They indicate that the ETH/BTC ratio might need to drop by 50% before Ethereum enters a more favorable valuation territory, implying that further price decreases could be on the horizon


The court found that Tambosso did not return the Bitcoins as agreed. Instead, he provided occasional updates but failed to deliver any Bitcoin back to Nguyen. The judge noted that Nguyen took legal action five months after the loan was made, as he had not received any repayment


The decision to halt the IPO and mining operations comes amid a challenging environment for Bitcoin miners, particularly following the recent Bitcoin halving, which has made mining less profitable. Klippsten noted that the firm had initially aimed to go public within 12 months after launching its mining venture in 2023, but the current market conditions have necessitated a reevaluation of their strategy


The profits will be directed to two key organizations: the Protocol Guild, which supports over 170 contributors to Ethereum's Layer 1 protocol, and the PBS Foundation, a nonprofit focused on funding open-source development within the Ethereum community


Size and Complexity: The Llama 3.1 model is noted for its impressive scale, featuring 405 billion parameters. It was trained using over 16,000 NVIDIA H100 GPUs, making it one of the most powerful open-source AI models available


The scam typically begins with the scammer making a small payment in USDT to the victim, which is intended to build trust. Following this, the scammer invites the user to participate in a "small repayment test." This involves scanning a QR code that leads to a third-party website


The CFTC's Whistleblower Program allows individuals who voluntarily provide original information that leads to successful enforcement actions to receive monetary awards ranging from 10% to 30% of the monetary sanctions collected from the violators . In this recent case, the whistleblower's information was deemed sufficiently specific, credible, and timely, prompting the CFTC to initiate an investigation


Trump's Dominance: Trump remains the frontrunner, with a substantial lead in national polls and primary contests. This dominance makes it increasingly difficult for Haley and other candidates to secure the nomination. However, Haley's supporters believe that her moderate stance could appeal to a broader electorate in the general election.


The impeachment inquiry has been fueled by allegations that President Biden may have been involved in his son Hunter Biden's foreign business dealings. Smith has raised concerns about whether these dealings could compromise the President's integrity and decision-making while in office


Rising Numbers: In recent years, the number of Chinese migrants using the Darien Gap has surged dramatically. For instance, in 2023 alone, over 12,000 Chinese migrants were recorded crossing this route, making them one of the largest groups of extracontinental migrants traversing the area


Limited Economic Impact: Despite the growing attention and value associated with Bitcoin, the ECB maintains that cryptocurrencies do not yet play a significant role in the broader economy. They are considered too small to impact retail payments or central banking operations meaningfully


Historical Dominance: China was once the epicenter of Bitcoin mining, accounting for 65% to 75% of the global hash rate before the ban. Even after the crackdown, the infrastructure and expertise developed over years have not completely dissipated, allowing some miners to continue operating


Crypto Capital of the World: Trump promised to make the U.S. the "crypto capital of the world" if he is re-elected. He emphasized the need for a supportive regulatory environment, stating that the rules governing cryptocurrency would be crafted by those who understand and appreciate the industry


Conditions of Confinement: Osechkin claims that Navalny was forced to endure these frigid temperatures, which he believes could have severely compromised Navalny's physical condition. He suggested that such exposure "destroyed his body" and slowed his blood circulation, facilitating a fatal blow that was delivered later


Limited Options: The approval of just four Bitcoin ETFs suggests that the platform is being selective about which products it offers to its clients. This could be due to concerns about the regulatory environment surrounding cryptocurrencies and the need for robust risk management strategies.


Trump has criticized the legal system, labeling it as corrupt and biased against him. He has positioned himself as a victim of political persecution, which he believes has garnered him support among Black voters who may feel similarly marginalized by the justice system. His mugshot from a recent booking has even been framed as a badge of honor, with Trump asserting that it has helped him connect with Black voters


Nevada's Secretary of State, Francisco V. Aguilar, clarified that this glitch does not equate to voter fraud. He emphasized that there is no evidence of widespread voter fraud in Nevada, either currently or historically. The glitch was purely a coding error and did not affect the actual tabulation of votes, which is conducted at the county level


The reaction from the crowd was mixed, oscillating between incredulous laughter and deep groans. Trump's comments were perceived as insensitive, especially in the context of discussions about serious issues affecting the Black community, such as police violence . This incident reflects the broader challenges Trump faces in engaging with Black voters, particularly given his history of controversial remarks and policies that many view as hostile to minority communities.


The ex parte declaration likely contains sensitive information related to the DOJ's investigations, which could impact the defense strategy. By allowing Trump's legal team access to this information, Cannon is facilitating a more transparent legal process, albeit one that has been marked by controversy and scrutiny regarding her impartiality and the legal precedents involved


The South Carolina primary has a reputation for being a make-or-break moment for presidential hopefuls. For instance, George W. Bush's victory in the 2000 primary helped solidify his path to the nomination after a tough loss in New Hampshire . This trend continues, as South Carolina's primary results can significantly influence the momentum of candidates, shaping perceptions and voter support across the nation.


Former President Donald Trump has expressed support for a national ban on abortions around 15 to 16 weeks, suggesting that he would negotiate a deal that includes exceptions for cases of rape, incest, and to save the life of the mother . This position aligns with a growing number of states that have enacted similar restrictions, although the specifics can vary widely across the country


Attacks on Jon Tester: Trump criticized Tester for his support of major legislation under President Biden, including the Inflation Reduction Act. He labeled Tester as one of the "biggest phonies in American politics" and emphasized the importance of the upcoming Senate race, where Tester is challenged by Republican Tim Sheehy


Avatar: A new attraction inspired by the visually stunning world of Pandora is set to immerse guests in the breathtaking landscapes and adventures of James Cameron's film series.Indiana Jones: Fans of the iconic archaeologist can look forward to an attraction that promises to bring the thrilling escapades of Indiana Jones to life, likely featuring elements from the films that fans know and love.


BitGo, a prominent cryptocurrency custody platform, is set to transition its Wrapped Bitcoin (WBTC) business to a multi-jurisdictional and multi-institutional custody structure. This move aims to enhance the security of its operations by diversifying custodial locations beyond the United States, with plans to include Hong Kong and Singapore as new jurisdictions


Potential for Consolidation: As U.S.-listed miners leverage their capital-raising capabilities, they are well-positioned to consolidate the market. This consolidation can lead to a more streamlined industry with fewer players, potentially increasing efficiency and profitability across the sector.


Stablecoin Momentum: The increase in stablecoin issuance is seen as a positive sign for Bitcoin's price action. Markus Thielen, a market researcher at 10x Research, noted that if Bitcoin can maintain its price above $60,000, it could set the stage for a significant rally. However, he cautioned that without stronger inflows of stablecoins, this upward momentum might falter


The controversy arose when BitGo announced plans to transfer control of WBTC to a joint venture that includes itself, BiT Global, and Justin Sun's Tron ecosystem. This announcement raised concerns about the security and management of WBTC, particularly due to Sun's involvement, which many in the community view with skepticism. BitGo's CEO, Matt Belshe


Financial Relief for Tipped Workers: The elimination of taxes on tips could provide financial relief for some workers in the hospitality sector. However, it's important to note that a substantial portion of tipped workers already earn too little to pay federal income taxes. In fact, 37% of tipped workers had incomes low enough that they paid no federal income tax at all in 2022


the performance of Ethereum exchange-traded funds (ETFs) is showing mixed signals, particularly highlighted by the $31 million outflow reported by the Grayscale Ethereum Trust (ETHE). This outflow is part of a larger trend, as ETHE has seen a staggering $2.3 billion in total outflows since its inception, which represents a 25% reduction from its initial holdings of $9 billion in Ether :https://cointelegraph.com/news/ethereum-etfs-show-mixed-signals-as-ethe-reports-31-m-outflow


U.S. Bitcoin exchange-traded funds (ETFs) are on track to surpass the estimated Bitcoin holdings of the cryptocurrency's creator, Satoshi Nakamoto. As of now, these ETFs collectively hold approximately 909,700 BTC, valued at around $55.1 billion based on current market prices of about $60,500 per Bitcoin


Bitcoin Light Client: This component functions as a smart contract on the NEAR network, enabling decentralized applications (dApps) on NEAR to verify Bitcoin transactions. It ensures that these applications have access to the most current state of the Bitcoin blockchain, which is crucial for maintaining accurate transaction records and functionalities.


The United States has approved a significant arms sale to Israel, amounting to $20 billion. This deal includes a variety of military equipment, notably scores of F-15 fighter jets and advanced air-to-air missiles. The announcement was made by the State Department on Tuesday, just ahead of scheduled cease-fire talks in the region


U.S. Economic Data: The soft U.S. producer prices data has led to optimism regarding consumer price inflation, which in turn has supported the rise in Asian shares . This data suggests that inflationary pressures may be easing, which is a positive sign for global markets.


U.S. Securities and Exchange Commission (SEC) official John Reed Stark, Morgan Stanley's push for Bitcoin exchange-traded funds (ETFs) is seen as a "death wish." Stark believes that by allowing its 15,000 financial advisors to pitch Bitcoin ETFs to clients, the bank has exposed itself to intense regulatory scrutiny. He suggests that regulators view Bitcoin and other digital assets as a risky investment and may closely examine Morgan Stanley's activities in this space.


Bitcoin metric analyzed by CryptoQuant, there are indications of a potential "local bottom" for Bitcoin as traders eye a sub-$60K BTC price. The metric in question is the network value to transaction golden cross (NVT-GC) tool, which has signaled two previous bottom signals in January and July of 2024. Following those signals, Bitcoin experienced subsequent price gains of 78% and 23%, respectively.


During the conference, CrowdStrike's president, Michael Sentonas, personally accepted the award and expressed his regret for the incident. He acknowledged that the award was not something to be proud of but emphasized the importance of taking responsibility for mistakes and learning from them. Sentonas stated that he would display the award at CrowdStrike headquarters as a reminder to the team that failure is unacceptable.


Marathon's decision to raise funds and acquire more Bitcoin is seen as a positive development, especially considering the challenges faced by Bitcoin miners due to the 2024 Bitcoin halving. The halving resulted in a 50% reduction in block rewards, which could potentially force other miners to sell their Bitcoin. By continuing to accumulate Bitcoin, Marathon aims to establish it as a strategic reserve asset for the company


Bitcoin miners have experienced their lowest daily revenue of 2024, reaching a new yearly low of $2.5 million. This decline in revenue can be attributed to various industry challenges. However, some companies have managed to remain profitable through strategic overhauls and adaptations to the changing landscape of Bitcoin mining.


Austrian advocacy group NOYB (None Of Your Business) has filed a complaint against social media platform X, accusing the company of training its artificial intelligence (AI) with users' personal data without their consent. This action is in violation of EU privacy law, according to NOYB. The complaint was filed to ramp up pressure on the Irish data protection authority, which is the lead EU regulator for many top U.S. internet firms, including X.


Universal Music Group (UMG), the world's largest music label, has announced an expanded agreement with Meta Platforms (formerly Facebook) on Monday. This agreement aims to create new opportunities for UMG artists and songwriters across Meta's social platforms, including Facebook, Instagram, Messenger, Horizon, Threads, and for the first time, WhatsApp


U.S. stocks struggled to find direction as investors prepared for a week filled with economic data. The focus was on U.S. consumer prices, as investors sought insights into the Federal Reserve's monetary policy path. The outcome of the data would likely influence market expectations regarding potential interest rate adjustments by the Federal Reserve.


Former President Donald Trump has made various claims and statements regarding Vice President Kamala Harris. These claims include questioning her racial identity, accusing her campaign of faking the size of rally crowds using artificial intelligence, and making false claims about her past and political record. However, it's important to note that these claims have been fact-checked and debunked by various sources.


The study was led by Vashan Wright from the University of California San Diego's Scripps Institution of Oceanography. The findings suggest that if the location of NASA's InSight lander at Elysium Planitia near Mars' equator is representative of the rest of the planet, the underground water would be sufficient to fill a global ocean that is about a mile or so (1 to 2 kilometers) deep.


Grayscale's global head of ETFs, mentioned during a webinar that there will be a variety of single-asset products as well as index-based and diversified products in the future. Grayscale Investments is one of the largest issuers of crypto ETFs, with over $25 billion in assets under management across its US-listed crypto ETFs, which currently include single-asset Bitcoin (BTC) and Ether (ETH) funds


Coinbase has had previous legal disputes with the SEC. In a separate case, the SEC charged Coinbase with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency. Coinbase was also charged for the unregistered offer and sale of securities in connection with its staking-as-a-service program


The team behind Hamster Kombat has recently disclosed that they have been receiving offers from top venture capital firms in the crypto industry, but they have turned down every single one to date. The decision to reject venture capitalist funding was made in order to protect Hamster Kombat's player base and maintain the developers' core focus on providing a meritocratic experience that rewards participants by actually playing the game.


This $100 million spending plan includes a new wave of TV and digital ads totaling $70 million. The goal of these ads is to recapture momentum for Trump, which has faltered since Democrats rallied around Kamala Harris as their presidential nominee


The proposal to reduce WBTC vault debt ceilings to zero was seen as extreme by some, as it would be inconsistent with how Maker treats other supported centralized assets. Rival tokenized Bitcoin issuers, such as ckBTC, tBTC, and dlcBTC, were eager to pitch their products as potential replacements for WBTC


The CBOE (Chicago Board Options Exchange) is the world's largest options exchange, founded in 1973. It offers trading in various asset classes, including options, futures, equities, exchange-traded products (ETPs), and global foreign exchange (FX)


Bitcoin miners have recorded their lowest daily revenue of 2024. The mining community earned approximately $6 million per day in the first four months of 2024. However, due to various factors such as the drop in Bitcoin prices and revenue uncertainties, the daily revenue of Bitcoin miners has experienced a significant decline. On August 11, 2024, the daily earnings of the Bitcoin mining community dipped to a new yearly low of $2.5 million


The unmanned transport aircraft developed by China features easy loading and unloading capabilities, high reliability and safety levels, and a high degree of intelligence . It aims to provide support for expanding air cargo transportation scenarios and improving the efficiency of logistics operations


Celsius Network, a cryptocurrency lending platform, has filed a lawsuit against Tether, the issuer of the USDT stablecoin, seeking $3.5 billion in damages. The lawsuit alleges that Tether liquidated the Bitcoin (BTC) collateral provided by Celsius without giving them the opportunity to provide additional collateral


Otudor argues that cryptocurrencies, such as Bitcoin, are essential tools for protecting savings from inflation and facilitating international transactions, especially in light of the devaluation of the Nigerian naira and foreign exchange shortages


the United States Federal Reserve against Customers Bank, a crypto-friendly bank, have raised speculation about the authenticity of Vice President Kamala Harris' presidential campaign's efforts to mend relations with the cryptocurrency industry . Gemini co-founder Tyler Winklevoss has suggested that the Federal Reserve's actions confirm the continuation of "Operation Choke Point 2.0" and cast doubt on the legitimacy of the Harris campaign's crypto reset


The SEC accused Ideanomics of reporting over $40 million in revenue for 2019 based on fraudulent accounting related to a crypto asset transaction. The agency claimed that this false reporting led to overestimated financial statements, misleading shareholders, and the public about the company's financial health


The lawsuit revolves around a loan agreement between Celsius and Tether, where Celsius borrowed USDT from Tether using Bitcoin as collateral. As the price of Bitcoin dropped, Celsius was required to provide further collateral to avoid liquidation. However, Celsius claims that Tether improperly liquidated the Bitcoin collateral


While Bitcoin has been at the forefront of the recent surge, Ethereum has been trailing behind. However, QCP Capital expects Ethereum to catch up and possibly even outperform Bitcoin in the near future
. They anticipate that the introduction of an Ethereum ETF could trigger significant rotations of funds from Bitcoin to Ethereum, providing additional upward momentum for the latter


The legalization of cryptocurrency mining in Russia provides legitimacy to the activity. Previously, there was ambiguity surrounding the legality of mining operations. With the new law in place, registered Russian legal entities and individual entrepreneurs have the right to engage in large-scale crypto mining operations


The approval of spot Bitcoin ETFs by regulatory bodies, such as the Securities and Exchange Commission (SEC), has contributed to the increased investor interest. These ETFs allow investors to participate more directly in the fluctuations of Bitcoin's price without the complexities of owning and storing the cryptocurrency themselves


Unlike GPS jamming, which simply denies GPS signals, GPS spoofing involves sending false signals that can trick the aircraft's navigation system into indicating that it is off-track or in a different location. This can lead to confusion for pilots and air traffic control, potentially compromising the safety of the flight


Cisco Systems, a prominent technology company, is reportedly planning a second round of layoffs this year. The company had previously announced a 5% reduction in its global workforce, amounting to approximately 4,250 job cuts. The upcoming layoffs are expected to affect thousands of employees, although the exact number has not been specified :https://www.cnbc.com/2024/02/14/cisco-cutting-5percent-of-global-workforce-in-restructuring-move.html


The approval and launch of Bitcoin ETFs in the US have been significant milestones for the cryptocurrency market. These ETFs allow investors to gain exposure to Bitcoin without directly owning the digital asset. The introduction of Bitcoin ETFs tied to futures on the cryptocurrency began in 2021, but it wasn't until January 2024 that US regulators allowed ETFs tied directly to the day-to-day movement of Bitcoin prices


Google Meet, the video communication service, is introducing a new AI-powered feature called 'Take Notes for Me' to enhance meeting productivity and note-taking capabilities . This feature allows users to automatically capture meeting summaries and action items in real-time during a meeting . By clicking the 'Take notes for me' option, Google Meet will generate a summary and action items as the meeting progresses


conference in Lanzhou, Gansu Province, to explore the integrated use of two large scientific facilities known as "super microscopes" to study the structure of the microscopic world . The two facilities in question are the Hefei Light Source (HLS) and the China Spallation Neutron Source (CSNS). The experts aim to fully leverage the complementary advantages of neutron scattering technology and synchrotron radiation technology to promote interdisciplinary integration


The African Union (AU) Executive Council has approved the structure of the African Space Agency (AfSA) as part of the African Outer Space Program, which is one of the flagship programs of the AU Agenda 2063. The approval of the agency's structure is seen as a concrete step towards realizing the African Outer Space Program. The agency is expected to begin operations in 2022, following the appointment of its leadership and workforce


NEO Semiconductor has developed a new technology called 3D X-AI chip, which aims to replace the current high bandwidth memory (HBM) chips and solve data bus bottlenecks in AI GPU accelerators . This technology combines 3D NAND flash memory and 3D DRAM and includes built-in AI processing capabilities. By transferring some of the AI processing from the GPU to the 3D DRAM


There has been movement in the potential approval of Bitcoin exchange-traded fund (ETF) options, as the Chicago Board Options Exchange (CBOE) has re-filed its application. The CBOE initially withdrew its application for options on spot Bitcoin ETFs but quickly replaced it with a more detailed filing. This re-filing is seen as a positive sign, indicating that the U.S. Securities and Exchange Commission (SEC) may be engaging in the process rather than outright denying it.


Bloomberg and Reuters, ByteDance, the parent company of TikTok, is preparing to refinance a $5 billion loan for another three years. The loan was initially secured in 2021 through a term and revolver facility, with each facility amounting to half of the total loan amount. ByteDance's decision to refinance the loan comes as it takes advantage of low interest rates and aims to manage its debt while funding its overseas expansion and daily operations


Global stock markets have experienced a recovery, recouping most of the losses from a significant sell-off earlier in the week. Investors have regained confidence in the U.S. economy, with the Federal Reserve signaling potential rate cuts as early as September. Reassurance from Fed policymakers regarding cooling inflation and better-than-expected U.S. jobless claims data have contributed to the recovery in stocks. The MSCI All Country stock index has shown signs of improvement, recovering much o


Apple has changed its policy in the European Union (EU) to allow developers to communicate with their customers outside of its App Store. This decision comes after the European Commission charged Apple in June for breaching the bloc's tech rules. The change in policy is in response to the Digital Markets Act (DMA) and aims to address concerns raised by developers and regulators regarding Apple's control over app distribution and payments within the App Store.


Microsoft researchers, Iran government-tied hackers attempted to breach the account of a "high-ranking official" on a U.S. presidential campaign in June. This incident occurred weeks after the hackers had already breached the account of a county-level U.S. official. The activity is believed to be part of a broader effort by Iranian groups to gather intelligence on U.S. political campaigns and target swing states. The hackers used spear-phishing emails and a "password spray operation


Intel, the leading chipmaker, has decided to postpone its annual "Innovation" event, which was originally scheduled for September. The decision comes as Intel faces various challenges, including a PR and customer satisfaction crisis related to the Raptor Lake instability issue and a recent announcement of layoffs amounting to 15% of its workforce as part of a restructuring effort to enhance competitiveness


The proposal to make Bitcoin a reserve asset for the US was recently suggested by presidential candidate Robert F. Kennedy Jr., who proposed an executive order for the US Treasury to purchase 4 million Bitcoin, representing 19% of the Bitcoin supply
. While this could potentially drive up the price of Bitcoin, Hoskinson cautions against the centralization risks it poses for the decentralized nature of the cryptocurrency


The lawsuit aims to protect the rights of Bitcoin, Tether, and other digital asset users and holders in Nigeria. Otudor's requests include the recognition of the right to own, use, and trade cryptocurrencies, as well as the integration of cryptocurrency assets into the Nigerian financial ecosystem under regulated conditions.


The United States Internal Revenue Service (IRS) has recently updated its draft form for taxpayers to report digital asset transactions starting in 2026. The draft form, called Form 1099-DA, is designed to provide more clarity for taxpayers and simplify the reporting process for digital asset transactions


there have been significant inflows of funds into centralized cryptocurrency exchanges (CEXs) during a period of market turbulence. The market downturn on August 5th resulted in a 10% drop in the price of Bitcoin within two hours, from $58,350 to $52,500. However, this volatility led to a surge in inflows to CEXs as traders reacted to the market conditions


Ripple Labs has announced the commencement of testing for its United States dollar-pegged stablecoin, Ripple USD (RLUSD), on the XRP Ledger (XRPL) and Ethereum mainnets . The stablecoin is currently in beta testing with enterprise partners and is not available for purchase or live trading at this time. Ripple Labs has cautioned users to be wary of scammers claiming to sell or provide early access to RLUSD


The filing was a response to Nasdaq's request for permission to list the Hashdex Nasdaq Crypto Index ETF on its electronic exchange . If approved, this ETF would be the first diversified spot crypto ETF to be listed on the US markets . Approximately 95% of the index comprises Ethereum (ETH) and Bitcoin (BTC)


Donald Trump and Kamala Harris have agreed to participate in a presidential debate on ABC on September 10, 2024. This debate will be the first time the two rivals square off since Harris became the Democrats' nominee . The confirmation of the debate on ABC marks the end of a back-and-forth between the Trump and Harris campaigns over the planned showdown . Trump had initially expressed a preference for a debate hosted by the conservative network Fox News, while Harris maintained https://www.bbc.c


Ionic Digital, a bitcoin miner that acquired bankrupt crypto lender Celsius' mining assets, has announced a delay in its plan to go public. This delay comes after the company lost its CEO and auditor . Ionic Digital is currently searching for a new CEO and has appointed its recently hired CFO, John Penver, as the interim boss . Despite the leadership change, the company still intends to proceed with its initial public offering (IPO) and is confident that Penver will be able to lead the company


LSEG SmartEstimate, Samsung Electronics is expected to report a significant increase in its second-quarter profit, driven by the demand for artificial intelligence (AI) technology. The company's operating profit for the quarter ending June 30 is estimated to have risen to 8.8 trillion won (approximately $6.34 billion), marking a 13-fold increase compared to the same period last year.


Russia's space agency, Roscosmos, has announced its plan to create the core of a new orbital space station by 2030. The head of Roscosmos, Yuri Borisov, has signed off on the timetable for this ambitious project, which involves the collaboration of 19 enterprises. The plan includes launching an initial scientific and energy module in 2027, followed by the addition of three more modules by 2030.


Global banking regulators have approved a framework for banks to disclose their exposure to cryptocurrencies. The framework requires banks to provide both qualitative and quantitative information on their crypto activities and exposure to crypto assets. This move aims to enhance transparency and market discipline in the crypto space and ensure that sufficient information is available to evaluate risks associated with cryptocurrencies


BitInfoCharts, El Salvador has been actively purchasing 1 Bitcoin (BTC) per day, even during market slumps . This daily purchase program demonstrates the country's commitment to Bitcoin as legal tender and its belief in the long-term potential of cryptocurrencies.


Cardone's decision to list the property on Propy highlights the growing acceptance of blockchain technology in the real estate industry. Propy's platform leverages blockchain and AI to revolutionize the real estate transaction process, making it faster, easier, and more secure than traditional methods


DePin Networks have the potential to decentralize law enforcement by shifting from state-controlled, centralized structures to community-based enterprises. This shift can maximize transparency and empower local communities in maintaining security and order


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Bitcoin whale transactions reached their highest levels in four months during a recent crypto market dip. Wallets holding between 10 and 1,000 Bitcoin rapidly accumulated during the price drop, with over 28,000 BTC transactions worth more than $100,000 and 5,700 transactions worth more than $1 million taking place on August 5 and 6.


The regulation of Bitcoin ATMs in Chico, California, is part of a broader trend in the United States, where the country accounts for 82.6% of the global Bitcoin ATM network, with 31,649 machines. Canada and Australia follow with 7.7% and 3% respectively


Metaplanet's decision to secure the loan comes just two days after announcing plans to raise approximately $70 million through a stock rights offering, with a significant portion of the funds earmarked for Bitcoin investments


According to data from Bitcoin Magazine Pro, the number of addresses holding more than 0.1 BTC (approximately $5,000 at the current rate) is nearing a new all-time high, with 4,580,424 addresses recorded. This figure is close to the previous peak of 4,586,540 addresses


The USABTC policy group advocates for the creation of a tax-free DEZ where Bitcoin transactions can be carried out without capital gains taxes. However, a tax on redemption would be implemented to ensure revenue generation .The proposal suggests that offering tax-free capital gains within this zone could attract investors and foster wealth growth within a regulated environment


The Japan Meteorological Agency issued a tsunami advisory following the earthquake, with tsunami waves of up to 50 centimeters (1.6 feet) detected along parts of Kyushu's southern coast and the nearby island of Shikoku . Seismologists held an emergency meeting to analyze whether the earthquake had affected the nearby Nankai Trough, which has been the source of past devastating earthquakes


NASA officials have been discussing potential plans with SpaceX to use their Crew Dragon spacecraft as a backup option for returning the astronauts if Starliner is still deemed unsafe for reentry. The possibility of leaving two seats empty on an upcoming Crew Dragon launch for Wilmore and Williams has been considered


Google, the company suggests the implementation of a web technology called Web Monetization. This technology enables website owners to receive micro payments from users as they interact with their content. It provides an alternative way for content creators and website owners to be compensated for their work without relying solely on ads or subscriptions


Palantir Technologies is a software company that specializes in building software solutions to empower organizations in integrating their data, decisions, and operations . The company offers a suite of software applications that enable the integration, visualization, and analysis of information. Palantir's software allows analysts within and between government organizations to collaborate and analyze large quantities of data


Glassnode's report also highlights that the current Bitcoin price cycle is following patterns similar to the past three cycles, although it is managing to stay slightly ahead of previous periods . Despite softer corrections, the current cycle has shown a slower recovery rate compared to previous cycles, as measured by the Realized Capitalization metric . This metric provides a more accurate reflection of the network's capital inflows and outflows.


Repurposing waste heat from Bitcoin mining has gained attention in Scandinavia, with several miners actively exploring or implementing such projects. For example, Genesis Mining is participating in a research project in northern Sweden that investigates repurposing waste heat from Bitcoin mining to grow fruits and vegetables in greenhouses


Apple's lucrative deal with Google could potentially be at risk following a recent U.S. court ruling that declared Google's search engine an illegal monopoly. The ruling has raised concerns about the future of the $20 billion annual payment that Google makes to Apple for default search placement on its devices. Analysts suggest that to avoid antitrust repercussions, Google might end this payment, which could significantly impact Apple's profits


During Reddit's recent earnings call, CEO Steve Huffman hinted at some upcoming changes to the platform, including the testing of AI-powered search results and the potential introduction of paid subreddits.


Asian share markets extended their gains on Wednesday, with the Nikkei leading the bounce. The Nikkei index in Japan rose by 2% following a 10% rally on Tuesday, which brought some relief after the index experienced a significant drop of 12.4% on Monday, marking its largest one-day sell-off since the 1987 Black Monday crash.


Mango Markets, a decentralized cross-margin trading platform built on the Solana blockchain, has announced a partnership with RuneMine. The collaboration aims to enhance the integration between Solana and Bitcoin, creating a more interconnected ecosystem for the exchange of value and culture.


Capula Investment Management LLP, one of Europe's largest hedge funds, has announced that it holds $464 million worth of shares in spot Bitcoin exchange-traded funds (ETFs) from BlackRock and Fidelity. The firm holds 4 million shares in Fidelity's Bitcoin ETF, valued at $211 million, and 7.4 million shares in BlackRock's Bitcoin fund, valued at $253 million


HBM, or high bandwidth memory, is a type of dynamic random access memory (DRAM) standard that was first produced in 2013. It involves vertically stacking chips to save space and reduce power consumption. HBM is a crucial component of graphics processing units (GPUs) used in AI applications, as it helps process large amounts of data generated by complex tasks


The potential for Bitcoin to fall below $50,000 if the Magnificent 7 stocks experience another $500 billion loss has been discussed in the context of the relationship between Bitcoin and the performance of these tech stocks. The Magnificent 7 stocks refer to the seven largest tech companies, including Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta (formerly Facebook), and Tesla, which collectively constitute a significant portion of the S&P 500 index


The decision to hold onto Bitcoin rather than opting for fiat currency payouts and resisting attempts from various entities to acquire their claims suggests that these creditors have a long-term hodler mentality
. This mentality aligns with the broader Bitcoin community's strategy of holding onto BTC through price fluctuations and volatility, commonly known as "hodling".


Grayscale Investments has introduced two new crypto investment trusts, namely the Grayscale Bittensor Trust and the Grayscale Sui Trust. These trusts are designed to provide investment opportunities in specific crypto assets and are targeted at eligible individual and institutional accredited investors. The Grayscale Bittensor Trust is focused on TAO, the token associated with the Bittensor protocol


Tim Walz, a military veteran and former congressman, is seen as a well-qualified candidate for the role of vice president. He has a progressive record and has helped enact an ambitious Democratic agenda in Minnesota. The selection of Walz as Harris's running mate was confirmed by both Harris and Walz themselves on social media.


Entegris, based in Billerica, Massachusetts, is known for supplying advanced materials and processes to the semiconductor and other high-tech industries. The company has major chipmakers such as Taiwan Semiconductor Manufacturing and Samsung among its clients . Entegris is well-positioned to offer complementary solutions, such as specialty gases, precursors, and graphite, to meet ON


Japanese firm Metaplanet has announced its plan to invest $58.76 million in Bitcoin (BTC) as part of its strategy to enhance its crypto treasury amid market volatility in Japan . The decision was made during the company's board of directors meeting, where they allocated 8.5 billion yen (approximately $58.76 million) for investment in Bitcoin


Saylor is famously bullish on BTC and has forecasted that the price of Bitcoin will reach approximately $13 million per coin by 2045 . He believes that Bitcoin is a scarce and desirable digital property . Saylor's company, MicroStrategy, currently owns approximately $8 billion worth of BTC


While Big Tech stocks have been driving returns for over a year, there is a growing interest in sectors that have lagged behind, such as small-caps, real estate, and industrials. The recent cool inflation report has solidified expectations for a near-term rate cut by the Federal Reserve, further fueling the shift in investor focus


Nigeria's Securities and Exchange Commission (SEC) to regulate Bitcoin and Ether as commodities. This recommendation comes after a recent court ruling in the United States state of Illinois that classified Bitcoin and Ether as commodities. By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of these digital assets


Nigerian court has scheduled the verdict for the tax evasion trial against cryptocurrency exchange Binance for October 11th. Binance is facing four counts of tax evasion, including failure to register with Nigeria's Federal Inland Revenue Service (FIRS) for tax purposes. The charges were initially filed on March 22, 2024, and Binance's lawyer has urged the judge to dismiss all charges


The game, which is currently in beta, is a blockchain-based football MMO that offers a sports simulation experience similar to the Football Manager series. Players can take on various roles such as coaching a team or representing a player. Square-Enix's investment of $3.1 million in Soccerverse demonstrates their enthusiasm for the project and their belief in its innovative use of blockchain technology in the genre of football management games


The Solana network has gained attention for its fast transaction speeds and low costs, making it an attractive platform for decentralized applications (dApps) and various projects in the cryptocurrency space . Solana's ecosystem includes projects such as liquid staking Jito, Marinade, and Kamino, which have significant amounts of deposits. Additionally, Solana has seen increased developer activity, institutional interest, and growth in the DeFi ecosystem, NFTs, and gaming verticals


Furthermore, the search results indicate that Democrats and Republicans have different concerns about the future of democracy. Democrats express concerns about what Trump might do if he returns to the White House, while Republicans fear the Democrats' alleged intentions to transform the country into a socialist or communist society.


The breach occurred in April and involved records of calls and texts from 2022. The leaked data does not appear to include financial information or specifics about call history. AT&T has stated that approximately 7.6 million current account holders and 65.4 million former account holders were affected by the breach.


there is a call for the Securities and Exchange Commission (SEC) of Nigeria to regulate Bitcoin and Ether as commodities. This recommendation comes after a court ruling in the United States state of Illinois classified Bitcoin and Ether as commodities,


Former President Donald Trump is set to headline the Bitcoin 2024 conference in Nashville, Tennessee. This event is significant as it marks the first time a US president publicly addresses the global Bitcoin community, making it a historic moment for the Bitcoin industry


Burkett Financial Services, an investment advisor, has made a strategic shift in its Bitcoin ETF holdings. The company has moved from ProShares' BITO ETF to BlackRock's IBIT ETF, according to recent reports. During the second quarter, Burkett Financial Services completely liquidated its position in ProShares BITO ETF and reinvested in BlackRock's IBIT ETF. In the first quarter, the firm held 630 units of BITO, valued at $20,344.


Hong Kong Exchange-Traded Funds (ETFs) have recently made a significant acquisition in the form of Bitcoin (BTC). The ETFs purchased 425 BTC, which is equivalent to approximately $24 million. This development is seen as a sign of market maturity and could have an impact on the price of BTC. Increased demand from financial institutions often leads to rising prices as it reduces the available supply on the market


Greenidge Generation Holdings Inc., a prominent Bitcoin mining company, has recently expanded its mining operations with the launch of a new site in Mississippi. The company deployed 2,400 Bitcoin miners at the Mississippi site, which went live on July 1, 2024. This expansion is part of Greenidge's efforts to increase its mining capacity and strengthen its position in the Bitcoin mining industry


The EU tech regulators ruled that X's verified accounts, which display a blue checkmark, do not align with industry practices and negatively impact users' ability to determine the authenticity of the accounts they interact with.Prior to Musk's acquisition of the platform, the blue checkmark indicated that an account belonged to a public figure whose identity was verified. However, Musk changed the meaning of the blue checkmark to indicate that the account belonged to a paid subscriber.


The FBI has conducted interviews and reviewed thousands of images as part of the investigation into the incident .Law enforcement believes that Thomas Matthew Crooks acted alone, but they are continuing to investigate whether he had any accomplices


Thomas Matthew Crooks, armed with an AR-style rifle, opened fire at Donald Trump during a campaign rally in Butler, Pennsylvania. The shooting resulted in the death of one audience member and the injury of two others. Crooks was shot dead at the scene by a Secret Service sniper


The complaint asks the SEC to investigate OpenAI's NDAs and requests that the company produce all contracts containing non-disclosure agreements, including employment agreements, severance agreements, and investor agreements, for inspection.


The Runes Protocol is a new token protocol built on top of the Bitcoin network. It allows for the creation and management of various types of digital tokens on the Bitcoin blockchain . Runes utilizes Bitcoin's native features for on-chain data storage and does not rely on off-chain data or a native token for operations


Bitcoin's price reached a two-week high, surpassing $62,000, as investors speculated that Trump's survival and potential re-election would be favorable for the cryptocurrency market


The Wall Street Journal and other sources, Google's parent company, Alphabet, is in advanced talks to acquire cybersecurity startup Wiz for approximately $23 billion. If the deal goes through, it would mark Google's largest-ever acquisition and further accelerate its presence in the cybersecurity industry


ICP Hub Sahara, an official branch of the Internet Computer Protocol ecosystem, has been actively encouraging Nigerian youths to engage with blockchain technology to enhance their global competitiveness


The Kremlin's spokesman Dmitry Peskov clarified that Russia did not believe the current US administration was responsible for the assassination attempt but acknowledged that the atmosphere created by the administration may have provoked the attack


the price of the largest Donald Trump memecoin, MAGA (TRUMP), experienced a significant surge of over 30% following an assassination attempt on the former United States president during a rally in Butler, Pennsylvania. The Ethereum-based MAGA memecoin saw its price jump from $6.31 to $10.36 immediately after the incident, resulting in its total market capitalization increasing from $293 million to $469 million in less than 45 minutes


Partior, a blockchain settlement network and fintech services firm backed by JP Morgan, Standard Chartered, and Temasek, has successfully closed a $60 million Series B funding round. The funding round was led by Peak XV Partners and received support from Valor Capital Group and Jump Trading Group, along with continued support from DBS, JP Morgan, Standard Chartered, and Temasek


Rekt Capital, Bitcoin is currently less than 1.5% away from reclaiming $60,600 as support, which is seen as a crucial level for the cryptocurrency. Rekt Capital emphasizes the importance of this level in maintaining a post-halving reaccumulation range


The shooter's location was outside the security perimeter, which has led to questions about the size of the perimeter and the efforts made to sweep and secure the American Glass Research building, where the shooter was found on top of the roof. The ability of the shooter to obtain rooftop access in close proximity to the event raises further concerns about the effectiveness of the security measures in place.


cryptocurrency sleuth ZachXBT, there are suspicions that the Lazarus Group is behind the $305 million DMM Bitcoin hack. The funds from the hack have allegedly been laundered through an online marketplace called Huione Guarantee, which operates in Cambodia and has been linked to the ruling Hun family of the nation.


CEO David Bailey and various sources, former President Donald Trump still plans to speak at the Bitcoin Conference in Nashville, Tennessee, despite surviving an assassination attempt on July 13, 2024, in Pennsylvania. Bailey, one of the event's organizers and the CEO of Bitcoin Magazine, confirmed that he had spoken with Trump's team and stated that the former president was in good spirits and excited to deliver a speech at the conference


SEC Commissioner Caroline A. Crenshaw has expressed concerns over Bitcoin and its impact on investor protection. In a dissenting statement, Commissioner Crenshaw criticized the Securities and Exchange Commission's (SEC) approval of proposed rule changes that would allow for the listing and trading of bitcoin-based products on national securities exchanges


The Bank of Japan's recent interest rate hike and new guidance have had a positive impact on global investors. The dollar surged against the yen, Japanese yields slipped, and the probability of a BOJ October rate rise decreased


Law enforcement officials are actively investigating the shooter's motive, but as of now, no clear motive has been determined  . The FBI has discovered over 700 social media comments believed to have been made by the shooter in 2019 and 2020, which were described as antisemitic and anti-immigrant . However, it is unclear if these comments directly relate to the motive behind the shooting.


ByteDance, the company behind popular apps like TikTok, has entered the market of AI-generated videos with the launch of a software that can generate videos based on text prompts. This move puts ByteDance in competition with OpenAI's Sora, which is also focused on text-to-video generation. Since OpenAI unveiled Sora earlier this year, several Chinese tech firms have developed similar tools, with some already accessible to users


US President Joe Biden and Vice President Kamala Harris recently met with their national security team to discuss the situation and potential threats posed by Iran and its proxies, particularly in relation to Israel. The meeting took place in the White House Situation Room, where they focused on the ongoing tensions and the possibility of Iranian retaliation following the killing of a top Hamas leader in Tehran.


Robinhood, the popular trading platform, recently suspended 24-hour trades for a period of 8 hours due to an issue experienced by Blue Ocean ATS, their execution venue for round-the-clock trading. During the suspension period, all trades executed were canceled, causing frustration among investors who experienced losses during that time


The implementation of the Markets in Crypto-Assets (MiCA) regulation in the European Union has had a significant impact on the euro stablecoin market. MiCA, which came into force on June 30, 2024, has introduced new transparency and compliance standards for stablecoins across all 27 EU member countries


spot Bitcoin exchange-traded funds (ETFs) have experienced significant inflows, with a total of $438 million invested in just two days. This surge in buying activity comes after a dip in the Bitcoin price, indicating that institutional investors and large-scale buyers are taking advantage of the opportunity to accumulate BTC at lower prices


The decision comes as part of Microsoft's global Secure Future Initiative, which aims to standardize employee cybersecurity practices. By requiring employees to use iPhones, Microsoft aims to ensure that all staff can use the Microsoft Authenticator password manager and Identity Pass app for identity verification when logging into work devices


The MetaMask Delegation Toolkit offers a package of developer tools and smart contracts that enable dapps and protocols to build new experiences. It aims to streamline user experiences in various areas, including gaming and social networking, by automating complex user actions within decentralized applications (dapps)


the crypto market experienced a recovery as the German government received back over $200 million worth of Bitcoin (BTC) from various exchanges. The German government entity, known as the BKA (Bundeskriminalamt), had previously seized almost 50,000 BTC in 2013 from the operators of Movie2k.to, a film piracy website


The move comes after Cboe successfully listed the first U.S. spot Bitcoin ETFs and secured SEC approval for rule filings to list spot Ether ETFs . The increasing investor interest in Solana, which is one of the most actively traded cryptocurrencies after Bitcoin and Ether, has prompted Cboe to address this demand


Mark Rutte, the former Dutch prime minister, is being considered as NATO's next leader. Rutte is experienced in dealing with Trump and has been praised for his tact in managing sometimes tense interactions with the former president . It is worth noting that Trump's stance on NATO was not necessarily against the alliance itself but rather against a NATO that he felt the Europeans didn't fully support


Wall Street brokerages often provide coverage and analysis of various companies, including those backed by SoftBank Group. SoftBank Group is a Japanese conglomerate that has made significant investments in technology companies through its SoftBank Vision Fund. While I don't have access to the most up-to-date information on specific brokerages covering SoftBank-backed companies, I can provide some general insights.


the Ronin Network, a popular gaming blockchain and the backbone of the play-to-earn game Axie Infinity, has experienced a major security breach. The network lost approximately $9.8 million worth of Ether (ETH) in a potential exploit . However, there is speculation that the exploit may have been carried out by a white hat hacker, also known as an ethical hacker, who performs exploits to identify vulnerabilities in crypto protocols


The collaboration between Block and Core Scientific involves the deployment of Block's new 3-nanometer (3nm) ASIC mining chips. This deal represents one of the largest ASIC procurement deals in terms of hashrate. The companies aim to deliver approximately 15 exahashes per second (EH/s) of hashrate, making it a significant Bitcoin mining ASIC deal


Bit Digital (NASDAQ: BTBT), a company engaged in bitcoin mining and digital asset activities, has recently shown signs of a significant bullish trend. Key technical indicators, such as the Golden Cross and bullish momentum, suggest a potential upside for the company's stock price. Despite facing challenges over the past year, Bit Digital's recent price movements indicate strong market potential and ongoing success in bitcoin mining


Residents in the town of Granbury, Texas, have raised concerns about noise pollution caused by a local Bitcoin mine. The continuous operation of the mine has led to disturbances, including ringing ears and rattling windows for the locals. Additionally, state lawmakers are worried about the immense energy consumption of these facilities and the potential for blackouts during peak demand periods


the CEO of the Singapore Exchange (SGX), Loh Boon Chye, stated that the exchange is currently not ready to allow cryptocurrency listings. In response to a question about accepting crypto listings, Loh mentioned that the ecosystem in Singapore is not prepared for such products at the moment. However, he also acknowledged that things could change over time as the ecosystem evolves and comes together, highlighting SGX's reputation as an innovative exchange or platform in the world


A tech industry coalition called the Chamber of Progress has urged President Joe Biden to support comprehensive crypto regulation ahead of the upcoming U.S. presidential election. The coalition believes that backing positive crypto regulations would resonate strongly with young voters, particularly Gen Z and Millennial demographics, who show support for federal policies encouraging the use of digital assets


Ethereum exchange-traded funds (ETFs) are nearing launch as the U.S. Securities and Exchange Commission (SEC) engages in discussions about ETFs beyond just Bitcoin and Ethereum. The launch of spot Ethereum ETFs in the United States is expected to happen soon, with some sources suggesting that up to eight spot ETH ETFs could begin trading in the near future


The Stand With Crypto initiative in the United States involves listing the pro- and anti-crypto statements made by prospective candidates for federal, state, and local offices. Coinbase also launched a political action committee in May to support candidates in the 2024 election. The Canadian campaign is expected to advocate for crypto regulation and updates to the country's financial system, reflecting the appetite for change among Canadian residents


President Joe Biden's reelection campaign has faced challenges and concerns, with some analysts warning that he is losing ground in competitive states that will determine the outcome of the election . Democratic strategist Doug Sosnik wrote in the New York Times that if current trends continue, Donald Trump could potentially secure one of the most decisive presidential


Microsoft has decided to relinquish its board observer seat at OpenAI, a move aimed at addressing concerns related to antitrust scrutiny. The decision comes as regulatory authorities in the United States and the United Kingdom have raised questions about the extent of Microsoft's control over the AI startup


Lucidworks, manufacturers are deploying planned Generative AI initiatives at a slower pace than anticipated due to concerns around accuracy
. The study surveyed over 2,500 leaders worldwide involved in AI technology decision-making and found that 58% of manufacturing leaders plan to increase spending on AI in 2024, which is lower than the global consensus of 63%


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advisers to Kamala Harris's campaign have reached out to key players in the crypto industry, including Coinbase, Circle, and Ripple Labs, to develop relationships and gather input for a potential regulatory framework . The campaign's outreach efforts aim to present Democrats as pro-business and responsible in their approach to the crypto industry


political action committee (PAC) called Protect Progress, which is affiliated with Fairshake and backed by crypto companies, has spent at least $1.7 million on media buys to support Democratic candidates running for Congress in Arizona  . The PAC allocated over $1.3 million for a media buy to support Yassamin Ansari, who is competing for a seat representing Arizona's 3rd Congressional District . Additionally, approximately $415,000 was used for a media buy to support Andrei Cherny, who is runni


Mt. Gox bankruptcy estate has begun making repayments in Bitcoin and Bitcoin Cash to some of the creditors . The repayments are being made through designated crypto exchanges as part of the rehabilitation plan . It is worth noting that the trustee is working to ensure that the repayments can be made safely and securely


Senator Cynthia Lummis has released a report criticizing the Biden administration's proposed 30% excise tax on the energy consumed by Bitcoin miners. In her report, Lummis argues that increasing taxes on Bitcoin miners could lead to the industry leaving the United States, resulting in a reduction in tax revenues. She points out that Bitcoin miners have been able to sell excess energy back to the grid during peak demand, acting as a Controllable Load Resource for the grid.


Former President Donald Trump has denied considering JPMorgan CEO Jamie Dimon or BlackRock CEO Larry Fink for the role of Treasury Secretary if he were to be reelected. Trump stated that he doesn't know who suggested Dimon or Fink for the position and claimed that the idea may have come from the "Radical Left"


Bitlayer Labs, a Bitcoin layer-2 chain, has successfully raised $11 million in a Series A funding round. The investment was led by Franklin Templeton, a trillion-dollar asset manager and one of the issuers of a spot Bitcoin exchange-traded fund (ETF) in the U.S. This funding round values Bitlayer at $300 million and brings its total funding to $16 million


The conflicting statements from Trump regarding Dimon's potential appointment as Treasury Secretary have generated some confusion. While Trump initially expressed openness to considering Dimon for the role, he later denied having discussed or thought of Dimon or Larry Fink, CEO of BlackRock, for the position


Bitcoin miner IREN, formerly known as Iris Energy, has announced its venture into the artificial intelligence (AI) market. According to its July 23 Analyst & Investor Day presentation, IREN plans to launch a GPU pilot at its Childress site in Prince George. Additionally, the company has appointed Morgan Stanley as its financial advisor to evaluate monetization opportunities in the AI data center market. This move comes as other crypto mining companies seek to diversify their earnings


Kraken, a prominent cryptocurrency exchange, has completed the distribution of Bitcoin (BTC) and Bitcoin Cash (BCH) to creditors of the defunct Mt. Gox exchange. However, despite the completion of the distribution, there has been no significant selling pressure on Bitcoin from the creditors. This observation is based on the trading volume data on Kraken, which suggests that the creditors are not actively selling their BTC holdings


CryptoSlam, a Web3 data provider, has introduced a project called SlamNet to address the issue of fragmentation within the Web3 ecosystem. The collaboration involves CryptoSlam, Animoca Brands (a gaming and venture capital firm), and other contributors who will be announced later
. The goal of SlamNet is to enhance the existing infrastructure within the crypto space and bring the Web3 ecosystem together, rather than further fragmenting it


Ferrari has announced that it will be extending its cryptocurrency payment system to Europe after a successful launch in the United States. Starting from the end of this month, Ferrari's European dealers network will accept payments in cryptocurrency for its luxury sports cars


Microsoft has announced a partnership with Lumen Technologies to expand its capacity for AI workloads. The collaboration aims to address the growing demand for AI capabilities at Microsoft's data centers. The shortage of data center infrastructure needed to deploy AI models has been a challenge for Microsoft, hindering its ability to fully capitalize on the technology's boom.


OpenAI, the company behind ChatGPT, has assigned a new research project to Aleksander Madry, who is a leader in AI safety. This move is part of a revamp of OpenAI's preparedness team, which evaluates the readiness of the company's AI models for artificial general intelligence (AGI)


Bitget Wallet has experienced significant growth in Japan and has become the second most popular cryptocurrency wallet in the country, following MetaMask. The introduction of Bitget Wallet Token (BWB) played a crucial role in this growth. Users earned BWB through various activities such as depositing coins, performing swap transactions, and completing referrals. The popularity of BWB was further boosted by Japanese influencers promoting the wallet


President Biden framed his decision as a matter of saving democracy and passing the torch to a new generation Vice President Kamala Harris, who quickly secured enough delegates to win the Democratic nomination, is gaining support and hitting the campaign trail


The fund claims to be the first of its kind to be eligible for the Portuguese Golden Residence Permit Program, also known as the Golden Visa program. This program allows non-EU nationals to obtain a five-year residence permit in Portugal by making qualifying investments . By indirectly holding Bitcoin worth 500,000 euros (approximately $542,000) through the Unbound Fund, investors may become eligible for the Portugal Golden Residence Permit Program


Kraken, a prominent cryptocurrency exchange, has successfully completed the distribution of Bitcoin (BTC) and Bitcoin Cash (BCH) to the creditors of Mt. Gox, a now-defunct Bitcoin exchange. However, despite initial concerns about potential selling pressure, creditors have not been actively selling their BTC holdings


FBI Director Christopher Wray is currently testifying at a hearing before the House Judiciary Committee. The hearing is titled "Oversight of the Federal Bureau of Investigation" and focuses on the FBI's investigation into the assassination attempt against former President Trump and the alleged politicization of the agency under Director Wray's leadership


Google Cloud is the first hyperscaler to introduce Codestral, Mistral AI's generative AI model explicitly designed for code generation tasks, as a fully-managed service Codestral helps developers write and interact with code through a shared instruction and completion API endpoint.


Federal Election Commission (FEC) filings for the second quarter of 2024, the Trump 47 Committee, associated with Donald Trump's reelection campaign, received approximately $3 million in cryptocurrency donations from around 20 individuals since May. This surge in crypto donations came after Trump announced that his campaign would accept digital assets as contributions


a wallet associated with the Ethereum Foundation has made a significant move by transferring approximately 92,500 Ether (ETH) after seven years of no movement. The transaction, which took place on July 25, involved the transfer of roughly $290 million worth of ETH


Fireblocks, a Web3 infrastructure platform, has recently launched a suite of tools specifically designed for startups in response to the growing number of early-stage blockchain ventures . The toolkit, called "Fireblocks for Startups," aims to provide startups with a robust and accessible infrastructure for building on the blockchain without the technical and operational complexities


Efficiency and Innovation: The fusion of AI and blockchain platforms offers the potential for increased efficiency and innovation. AI can automate processes, analyze data, and generate insights, while blockchain provides a secure and transparent decentralized ledger. This combination can streamline operations and make the complex world of crypto more accessible to all


TON (The Open Network) has introduced a new smart wallet standard called W5, which enables gasless transactions on the TON blockchain. This upgrade to the layer-1 blockchain's existing wallet smart contract allows users to use Tether (USDT) for gas fees when transferring USDT and Notcoin (NOT) for gas fees when transferring Notcoin. The W5 smart wallet is live in Tonkeeper and will soon roll out to TON Space and MyTonWallet


Amazon is racing to develop its own AI chips that are cheaper and faster than those offered by Nvidia, a market leader in AI chips. The development of these custom chips is part of Amazon's strategy to reduce its reliance on costly Nvidia chips and gain more control over its AI infrastructure


OpenAI recently announced the launch of SearchGPT, a prototype of its new AI-powered search tool. SearchGPT aims to combine the strength of OpenAI's AI models with information from the web to provide users with fast and relevant answers, along with clear and credible sources https://openai.com/index/searchgpt-prototype/


the US economy experienced a rebound in the second quarter, defying recession fears and showing signs of growth. The economy grew faster than expected, driven by a resilient labor market that supported consumer spending and increased business investment in equipment and factories


Jersey City Mayor Steven Fulop has announced plans to allocate a portion of the city's pension fund to Bitcoin exchange-traded funds (ETFs)

. Fulop, who has been a long-time believer in cryptocurrencies, expressed his intention to update the pension fund's paperwork with the United States Securities and Exchange Commission (SEC) to reflect the investment in Bitcoin ETFs


One of the main concerns highlighted in the report is the potential rise in base-layer fees due to the frequent posting of data by multiple rollups every six to eight blocks. This increase in fees could make smaller transactions less affordable and potentially impact the overall usability of rollups. To remain viable, rollups must generate sufficient fee revenue to secure their priority in the blocks, creating a competitive environment among them


Bitcoin miners have been facing significant challenges as their revenues have diminished since the fourth block reward halving. The drop in mining revenue has led to struggles for miners, with many finding it difficult to stay afloat in the industry


Nvidia's upcoming artificial intelligence chips are facing a delay of three months or more due to design flaws. This setback could potentially affect major customers such as Meta Platforms, Google, and Microsoft, who have collectively ordered tens of billions of dollars' worth of these chips


Sony Music, Universal Music Group, and Warner Music have filed lawsuits against AI music companies Udio and Suno, alleging copyright violations. These lawsuits mark the music industry's entry into high-stakes legal disputes over AI-generated content


The decision to reduce its Apple stake is surprising, as Buffett has been known for his long-term investment approach. Berkshire Hathaway's holdings in Apple were valued at $84.2 billion at the end of the second quarter, down from 790 million shares to 400 million shares  . Buffett has previously mentioned that selling "a little Apple" this year could benefit Berkshire shareholders if capital gains taxes are raised in the future


Galaxy Research has raised concerns about the long-term sustainability of Bitcoin layer-2 scaling networks, particularly rollups. While rollups have gained popularity as a promising method to maintain cheap, fast, and decentralized Bitcoin payments, the report suggests that they may face sustainability challenges in the future


The Dogecoin Core client serves various functions, including participating in the network, validating and relaying transactions, and holding keys for users. Ensuring the reproducibility of the core client is essential to establish a transparent and secure development process. By enabling multiple developers to consistently reproduce the same output when using the same code and dependent libraries, the Dogecoin team aims to eliminate the need for blind trust in the development process


Vice President Kamala Harris is meeting with several top contenders for the vice presidential position. As Harris prepares to announce her running mate, she is engaging in interviews and discussions with potential candidates. The meetings took place on Sunday, and the decision on her running mate is expected to be announced soon.


they are calling for a prison sentence for a Crypto.com user who accidentally received nearly $7 million and spent most of it before the exchange discovered the internal error made three years ago. The user, Jatinder Singh, is facing theft charges for spending the mistakenly refunded funds. Prosecutors argue that imprisonment should remain a strong possibility due to the significant amount of money involved and the intentional actions taken by Singh after realizing the mistake


The application of particle physics to finance involves conceptualizing transactions as particles, drawing on the principles of physics to address economic problems . This interdisciplinary approach, often referred to as "cryptophysics," has gained attention as quantum computing continues to advance


The rollout of Republicans for Harris includes outreach efforts from Republicans to Republicans, targeted ads, and themed events. The campaign aims to convince voters that Kamala Harris is not a "San Francisco radical" and that both Donald Trump and others have changed


The clashes in Rotherham are part of a broader wave of far-right violence and anti-immigration protests across the country. Similar incidents have been reported in other locations, including Middlesbrough and Liverpool . UK Prime Minister Keir Starmer has strongly condemned the attack on the hotel and promised that those involved in the unrest will face the full force of the law


Neuralink, the brain implant startup founded by Elon Musk, has successfully implanted its device in a second patient as part of its ongoing clinical trials . The patient, whose identity has not been disclosed, was scheduled to undergo surgery in late June but experienced health issues that delayed the procedure . The implant, known as the Telepathy device, is a brain-computer interface (BCI) that decodes intended movement signals in the brain and translates them into computer commands


The Digital Chamber, a prominent digital asset advocate in the United States, is urging US lawmakers to support the Bitcoin reserve bill introduced by Wyoming Senator Cynthia Lummis. The bill, officially known as the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act of 2024 (or Bitcoin Act of 2024)


MicroStrategy, a prominent business intelligence firm, recently released its Q2 earnings report, revealing a net loss of $102.6 million for the quarter . Despite the loss, MicroStrategy continues to focus on its Bitcoin strategy and has increased its Bitcoin holdings. The company now holds a total of 226,500 BTC, worth around $14.7 billion


Intel Corporation's stock value has experienced a substantial decline, potentially resulting in the erasure of nearly $25 billion in stock value. On Friday, Intel's stock price plummeted by more than 26%, marking one of its worst trading days in 40 years . This decline is attributed to factors such as lower-than-expected Q3 revenue projections and the company's struggle to regain its once-dominant position in the market


Turkey has blocked access to the social media platform Instagram, according to multiple sources  . The decision to block Instagram comes after the platform removed posts by Turkish users expressing condolences over the killing of Hamas political leader Ismail Haniyeh


MiCA's adoption has been met with enthusiasm by some, as it is seen as a landmark regulation that will bring an end to the "crypto Wild West" and provide clear rules for crypto exchanges . However, compliance with MiCA may prove challenging for companies new to regulation, as it adapts existing rules to fit innovative crypto assets


TokenPocket Wallet, a popular wallet for the Tron network, has introduced a transfer solution that allows users to pay transaction fees using Tether (USDT) instead of TRX (Tron's native cryptocurrency). This feature aims to simplify transactions and account activation on the Tron network, particularly for users who may find it challenging to obtain TRX for covering transaction costs


Under the promotional offer, new customers who meet specific criteria can receive various rewards, including substantial Bitcoin bonuses. To qualify for the first tier reward, customers need to make a minimum deposit of 10,000 Hong Kong dollars by August 31, 2024, and maintain an average daily asset balance of 10,000 HKD for 60 days. Participants can choose from three rewards: a share of Alibaba, a 400 HKD ($51) supermarket voucher, or 600 HKD ($76) worth of Bitcoin


MiCA introduces uniform market rules for crypto-assets, including provisions for transparency, disclosure, authorization, and supervision of transactions. It also sets requirements for crypto-asset issuers and crypto-asset service providers, such as registration, security measures, and anti-money laundering compliance


Bitcoin network difficulty broke a three-month downtrend and reached a new all-time high (ATH) on August 1, 2024. The network difficulty rose by over 10.5% on that day, indicating an increase in the computational power required to mine Bitcoin. This rise in difficulty comes after a significant decline in network difficulty over the past three months


Trump's political operation, it was reported that they raised nearly $139 million in July for the former president's election effort. This fundraising amount represents a significant increase from the previous month, where they brought in nearly $112 million. The funds raised in July have contributed to a substantial cash reserve of $327 million for the final three-month sprint leading up to the election
https://www.cnn.com/2024/08/01/politics/donald-trump-fundraising-july/index.html


The decline in tech stocks has been driven by lackluster earnings from companies like Amazon and Intel, as well as anxieties surrounding a potential slowdown in the U.S. economy . Disappointing jobs reports have further amplified concerns about whether the Federal Reserve will need to implement significant interest rate cuts to prevent a recession


The STOXX Europe 600 technology index, which tracks the performance of European technology stocks, fell by 3.6% to its lowest level since January . The broader STOXX 600 index also experienced a decline of 1.3%. Chipmaker Intel's shares slumped by 20% in premarket trading after the company announced the suspension of its dividend and plans to cut 15% of its workforce.


Bitfarms, a Bitcoin mining company, reported a 34% month-on-month increase in earnings due to an increased mining hashrate following fleet upgrades and expansion. In July, Bitfarms generated 253 BTC, worth approximately $16.2 million, compared to its earnings of 189 BTC ($12.1 million) in June, representing a 34% increase in monthly earnings from Bitcoin mining . The company attributed this growth to its fleet upgrade and expansion efforts


Cointelegraph, MicroStrategy's stock could gain 30% if Bitcoin (BTC) reaches $150,000 by the end of 2025. The report suggests that if MicroStrategy continues its aggressive accumulation of Bitcoin and the price of Bitcoin reaches the projected level, the stock could reach $2,150 per share, compared to its current trading price of around $1,450. This projection is based on the assumption that MicroStrategy


Morgan Stanley's wealth managers are set to embrace Bitcoin exchange-traded funds (ETFs) offered by BlackRock and Fidelity. Beginning on August 7, financial advisors at Morgan Stanley will be able to recommend the iShares Bitcoin Trust by BlackRock and the Wise Origin Bitcoin Fund by Fidelity to qualified clients. This move marks a significant shift in cryptocurrency investment and represents a milestone for the crypto industry, as Morgan Stanley manages approximately $3.75 trillion in client


Houston, Texas has emerged as a significant hub for cryptocurrency mining, particularly Bitcoin mining. The city's favorable conditions, including crypto-friendly politicians, a deregulated power grid, and abundant sources of inexpensive power, make it an ideal location for miners seeking cheap electricity


Meta, the company behind MetaAI digital assistant, is reportedly in discussions with actors such as Awkwafina and Judi Dench, as well as influencers, for the right to use their voices in their product. The talks are ongoing, and while details about potential agreements are still uncertain, it is speculated that Meta could pay millions of dollars in fees to the actors if a deal is reached. This move by Meta reflects their efforts to incorporate well-known voices into their digital assistant


Crypto leaders and officials from Vice President Kamala Harris's campaign and the White House are set to hold a roundtable to discuss pressing issues and propose policy changes in the cryptocurrency industry. The roundtable, hosted by Representative Ro Khanna, aims to influence the policy direction of the Harris campaign and foster engagement between the industry and government officials. This meeting follows a previous roundtable held in July, which saw active participation from crypto


Senator Cynthia Lummis introduced the 'Bitcoin Strategic Reserve' bill on July 31, which aims to establish a national reserve of Bitcoin and position the US as a leader in the adoption and secure management of the world's first cryptocurrency .Within just 48 hours, over 2,200 letters of support were sent to United States senators, urging them to co-sponsor and support the bill


the Grayscale Ethereum Trust (ETHE) has experienced significant outflows, with the total amount exceeding $2 billion. On August 2nd, the outflows from the Grayscale Ethereum Trust reached $2.1 billion, contributing to a total net outflow of $152 million for all nine Ethereum ETFs on that day. It's worth noting that while the Grayscale Ethereum Trust saw substantial outflows, other Ethereum ETFs, such as BlackRock's iShares Ethereum Trust and Grayscale's Ethereum Mini Trust, reported inflows


shares of MicroStrategy (MSTR) have the potential to gain 30% if the price of Bitcoin (BTC) reaches $150,000 by the end of 2025. The report suggests that if MicroStrategy continues its aggressive accumulation of Bitcoin, as initiated by founder Michael Saylor in 2020, the stock could reach $2,150 per share, compared to its current trading price of around $1,450


The Metropolitan Police Department arrested Christina Montoya in Washington, D.C., after being alerted by the U.S. Secret Service. She was charged with carrying a pistol without a license, possession of an unregistered firearm, and making threats against a former president


The technology leverages the abundance of RF signals emitted by Wi-Fi, Bluetooth, and 5G networks that surround us. These signals, which are primarily used for data transmission, can also serve as an untapped energy source.Air-Gen Device: One approach involves the creation of an "Air-gen" or air-powered generator. This device utilizes electrically conductive protein nanowires produced by a microbe called Geobacter. By connecting electrodes to these nanowires, electrical current can be generated


The flood of over 2,200 letters to US senators demonstrates significant civic engagement and support for the proposed bill. The letters were sent by individuals advocating for the bill and its potential benefits Bipartisan Outreach: The letters were sent to senators from both the Democratic and Republican parties, as well as Independents. This bipartisan outreach highlights the broad interest in Bitcoin and its potential strategic value, which transcends political and ideological lines


Bitfarms' operational hash rate has experienced substantial growth, reaching 11.1 EH/s. This increase demonstrates the company's commitment to expanding its mining capacity and staying competitive in the Bitcoin mining industry.Year-on-Year Increase: The reported hash rate of 11.1 EH/s represents a year-on-year growth of 109%. This significant increase highlights Bitfarms' efforts to enhance its mining operations and improve its overall efficiency


While Trump's idea has generated some excitement among Bitcoin enthusiasts, economists and experts have expressed skepticism about its feasibility and effectiveness. They argue that the readily available options to increase taxes, take on debt, or print more US dollars are incompatible with the goal of driving down inflation and reducing the national debt


This move by Morgan Stanley represents a significant shift in the approach of Wall Street banks towards cryptocurrency. While other major banks like Goldman Sachs, JPMorgan, Bank of America, and Wells Fargo have prohibited their financial advisors from pitching Bitcoin ETFs, Morgan Stanley's decision is a response to increasing client demand and a recognition of the evolving market


Senator Cynthia Lummis, a Republican from Wyoming, has introduced a bill in the Senate called the Bitcoin Strategic Reserve bill. This bill proposes the creation of a strategic Bitcoin reserve by the United States government. The aim of the reserve is to reduce the national debt and bolster the country's economy by acquiring and holding Bitcoin as an additional store of value.


The reduction in selling pressure is evident in the outflows from miners, which have remained generally lower than earlier in the year. Daily miner outflows during July ranged between $5,000 and $10,000, compared to higher outflows when Bitcoin first reached the $70,000 mark.


Uber and Chinese automaker BYD have announced a multi-year partnership aimed at bringing 100,000 electric vehicles (EVs) onto the Uber platform across several key global markets. The partnership will begin in Europe and Latin America and expand to other markets, including the Middle East, Canada, Australia, and New Zealand


The Biden administration plans to unveil a new rule next month that will expand U.S. powers to stop exports of semiconductor manufacturing equipment from some foreign countries to Chinese chipmakers. However, shipments from allies that export key chipmaking equipment, including Japan, the Netherlands, and South Korea, will be excluded from the rule, limiting its impact


Grayscale Bitcoin Trust (GBTC) Outflows: The Grayscale Bitcoin Trust has experienced substantial outflows in recent months. In the last three months alone, outflows from GBTC have exceeded $15 billion, according to data from BitMEX Research . However, despite these outflows, Grayscale's assets under management have only slightly dipped to $23.13 billion, thanks to the surge in Bitcoin's value


Recent data suggests that long-term investors have been accumulating Bitcoin. Inflows into Bitcoin investment products reached over $1 billion in a single week, with total year-to-date inflows reaching approximately $14.6 billion. This surge in investment is largely attributed to institutions and long-term investors increasing their exposure to spot Bitcoin ETFs


Vice President Kamala Harris' presidential campaign raised more than $200 million in its first week .The campaign received commitments of $150 million from the Democratic super PAC Future Forward after President Biden withdrew from the race.


Casper Network relies on a group of validators to verify transactions and uphold the network. Unlike Proof-of-Work networks, which require centralized validators for economies of scale, Casper allows for geographical decentralization of validators. Validators verify transactions based on staked tokens and receive CSPR rewards for participating in the PoS consensus mechanism


BlonkFi aims to create a money-making economy around memecoins, a new and untapped market category with a value of over $46 billion. The protocol allows users to collateralize volatile assets, such as memecoins, to borrow stablecoins. By doing so, BlonkFi serves as a Core Liquidity Infrastructure Layer, enabling additional composability for high-attention, high-volatility assets


Salt Labs, the research arm of API security firm Salt Security, discovered this XSS attack, which can bypass current mitigations and potentially lead to complete account takeover. The flaw arises when OAuth is not implemented with sufficient care and rigor, which unfortunately is often the case


Steinberg sees crypto as an asset class and envisions a future where tokenization extends beyond core crypto assets like Bitcoin and Ethereum to encompass a broader range of real-world assets. He believes that programmable money and asset tokenization will transform financial services and create exciting opportunities


the United States government currently holds more than 183,000 Bitcoin (BTC), valued at roughly $12 billion . This makes the US government the largest geopolitical owner of the decentralized currency. In addition to Bitcoin, the US government also holds 50,000 Ether (ETH), 121 million USDT (USDT), 40,000 BNB (BNB), and over 10 million USD Coin (USDC)


The bills that make up the legislation are the Children and Teens Online Privacy Protection Act (COPPA 2.0) and the Kids Online Safety Act (KOSA). These bills would need to pass in the Republican-controlled House of Representatives to become law. However, the House is currently on recess until September, so the fate of the legislation in the House remains uncertain


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