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Stay informed with timely and objective news content relevant to the crypto industry, published daily by Bitcoin.com News.
PRESS RELEASE. Singapore, 15.9.2024 — ChainGPT, a leading AI-driven blockchain solution, is proud to announce its co-hosting role in three major side events during TOKEN2049, one of the world’s premier crypto and blockchain conferences. Set in the vibrant city of Singapore, these events provide unique opportunities for networking, knowledge sharing, and Web3-AI expansion! Event 1: […]
https://news.bitcoin.com/chaingpt-leads-web3-ai-at-token2049-singapore-collaborating-with-tron-certik-and-more/
According to the latest figures, 32 dormant bitcoin transactions have surfaced during the first two weeks of September 2024, with a hefty 2,253.54 BTC spent so far. When it comes to the biggest spenders, btcparser.com shows wallets dating back to 2016 took the lead, moving a total of 1,549.51 BTC through nine separate transactions. 32 […]
https://news.bitcoin.com/135-4m-in-dormant-bitcoin-revived-by-mid-sept-2016-wallets-dominate-activity/
Cryptocurrency exchange Binance has alerted users to a rise in “Clipper malware” attacks that can steal crypto funds. The malware intercepts wallet addresses, replacing them with attackers’. Binance said it has implemented security measures and provided tips to users, including verifying app authenticity, checking withdrawal addresses, and staying updated on security advisories. Clipper Malware Attacks […]
https://news.bitcoin.com/binance-warns-of-malware-targeting-crypto-addresses-urges-users-to-always-verify/
The recent closure of a Bitcoin data center in the Norwegian municipality of Hadsel has resulted in power hikes for citizens due to the inability to allocate the energy used by the operation to other purposes. While citizens and Hadsel’s mayor celebrated this development because of the noise emitted by the site, they now face […]
https://news.bitcoin.com/closure-of-bitcoin-mining-center-causes-spike-in-power-bills-for-citizens-in-norwegian-municipality/
Regina never thought she’d be writing about games again, let alone Web3 games. But she was given the opportunity to lead a new recurring Web3 gaming segment. She is live streaming her adventure For her first game, Regina became fully immersed in the world of Spellborne — a Web3 game that has reignited her love […]
https://news.bitcoin.com/reginas-web3-gaming-odyssey-my-first-web3-quest/
The U.S. Department of Justice (DOJ) has sentenced 12 individuals for a series of violent home invasions aimed at stealing over $3.5 million in cryptocurrency. The group’s leader received 47 years in prison, while his accomplice was sentenced to 20 years. “The victims were held at gunpoint in their home,” the DOJ stated, adding that […]
https://news.bitcoin.com/us-sentences-12-in-3-5-million-cryptocurrency-heist-involving-violent-home-invasions/
Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims to integrate regulated digital currencies into Swift’s platform, building on past experiments. “We’re paving the way towards real-world solutions that will enable our members to access and transact with regulated digital assets and […]
https://news.bitcoin.com/swift-unveils-plan-to-integrate-digital-assets-and-currencies-into-global-payment-network/
Seven Senate Democrats have called on the 10 largest bitcoin ATM operators in the U.S. to address growing crypto fraud that targets elderly Americans. The lawmakers explained that scammers are reportedly exploiting the anonymity of cryptocurrency transactions to steal from seniors through bitcoin ATMs. The senators urged companies to implement stronger measures to combat the […]
https://news.bitcoin.com/lawmakers-call-on-top-10-bitcoin-atm-firms-to-address-crypto-fraud-concerns/
In the interview, Rey Fernando Verboonen, co-founder and CEO of Curioinvest, recounted his journey from speculator to builder in the digital asset space. We covered the tokenization of real-world assets (RWAs) using blockchain, the importance of regulatory compliance, and his optimistic vision for blockchain’s societal impact. Pioneering the Future: How Curio Invest Is Bringing Real-World […]
https://news.bitcoin.com/tokenizing-supercars-to-commodities/
Caroline Ellison, the former CEO of Alameda Research, is seeking leniency in her sentencing for her role in the FTX fraud. Her lawyers have filed a sentencing memorandum emphasizing her extensive cooperation with authorities and personal acceptance of responsibility for her actions. Caroline Ellison’s Lawyers Push for No Jail Time in FTX Fraud Case In […]
https://news.bitcoin.com/former-alameda-ceo-caroline-ellison-requests-leniency-asks-for-no-prison-sentence/
Meta announced it will resume training its artificial intelligence (AI) models using U.K. adult user data to better reflect British culture. This follows a delay due to privacy concerns. Despite initial opposition, Meta has now engaged with U.K. regulators and is nearing the launch of its AI products in the U.K. The company clarified that […]
https://news.bitcoin.com/meta-to-resume-training-ai-with-data-from-uk-facebook-instagram-users/
Rives, a blockchain gaming project, has announced the launch of its Doom Olympics, a unique competition built on the Cartesi platform. The tournament will feature seven distinct challenges inspired by the classic video game Doom, rewarding top players with over $15,000 in prizes. Rives Combines Blockchain and Classic Gaming With Doom Olympics Rives has structured […]
https://news.bitcoin.com/rives-launches-doom-olympics-a-competitive-onchain-gaming-event/
Sam Bankman-Fried, co-founder of FTX, has filed an appeal against his conviction, arguing that key evidence was improperly excluded from his trial. His attorneys claim that legal errors denied him a fair trial and seek a retrial with a different judge. Sam Bankman-Fried’s Appeal Targets Conviction Over Alleged Legal Missteps In an appeal filed with […]
https://news.bitcoin.com/ftx-co-founder-sam-bankman-fried-seeks-retrial-alleges-legal-errors/
The Stakeholders in Blockchain Association of Nigeria (SIBAN) expelled its president, Obinna Iwuno, for allegedly registering an illegal body and misusing his position. Iwuno denied these allegations and accused the SIBAN board of trustees of acting unlawfully. Despite the expulsion, Iwuno claimed to remain SIBAN’s president. The SIBAN board warned others to avoid dealing with […]
https://news.bitcoin.com/nigerian-blockchain-group-ousts-president-who-remains-defiant/
Superfast founder Martin Tromp has launched a Solana validator in one of Teraco’s Johannesburg data centers. Solana is a fast, scalable blockchain platform competing with Ethereum. As a proof-of-stake system, validators like Tromp’s play a crucial role in maintaining network security and verifying transactions. Tromp initially launched the validator in Cape Town but moved to […]
https://news.bitcoin.com/network-latency-drives-solana-validator-to-south-africas-commercial-hub/
The market is holding out hope for a bigger rate cut as the Federal Open Market Committee (FOMC) prepares to meet on Wednesday. Predictions from Polymarket and CME’s Fedwatch tool suggest there’s a growing expectation that a 50 basis points reduction could be in play. FOMC Meeting Could See Bigger Rate Cut as Expectations Shift […]
https://news.bitcoin.com/fedwatch-tool-shows-50-50-chance-for-25bps-or-50bps-cut-before-fomc/
Recent Western sanctions have disrupted over $55 billion in trade settlements between Russia and Turkey. Cameron Thacker of Mythical Games believes the current blockchain gaming surge is more stable, as it focuses on better user experiences rather than hype. In the UK, a new bill recognizes digital assets like bitcoin as personal property. Bitfinex analysts […]
https://news.bitcoin.com/billions-in-settlements-disrupted-blockchain-gaming-boom-and-more-week-in-review/
HTX has announced the integration of Bitcoin’s Lightning Network, a second-layer payments protocol designed to facilitate faster and cheaper transactions. This move aims to enhance the efficiency of Bitcoin payments and withdrawals on the platform, significantly reducing transaction times and costs. The integration is part of a strategic partnership with IBEX, a fintech company specializing […]
https://news.bitcoin.com/htx-integrates-lightning-network-for-faster-bitcoin-payments/
San Luis Obispo County Sheriff’s detectives in California, United States, have recovered nearly $5,000 of the $17,000 stolen in a cryptocurrency scam targeting victims in Los Osos two years ago. On Sept. 12, 2022, the victims informed authorities that they were deceived by a scammer posing as a relative in legal trouble, leading them to […]
https://news.bitcoin.com/two-year-investigation-yields-partial-recovery-in-crypto-scam/
The UK’s crypto community has a reason for optimism with the new Labour government, according to Harry Horsfall. Backed by a large parliamentary majority, the Labour government is seen as potentially more decisive in pushing policies favourable to the Web3 industry. Horsfall, CEO of Flight3, which will host the Zebu Live Conference in October, also […]
https://news.bitcoin.com/web3-innovator-uk-crypto-community-sees-brighter-future-under-labour-government/
A bitcoin investor has pleaded guilty to underreporting his cryptocurrency gains, including $3.7 million from BTC sales, resulting in a tax loss to the Internal Revenue Service (IRS) of over $550,000. The Department of Justice emphasized that taxpayers must accurately report crypto transactions to the IRS. The bitcoin investor now faces up to three years […]
https://news.bitcoin.com/bitcoin-investor-faces-prison-time-for-underreporting-crypto-gains/
Robert Kiyosaki, author of Rich Dad Poor Dad, has criticized the debate over whether bitcoin or gold is better. He stressed that the only facts that matter are how much gold and bitcoin you own, pointing to the $35 trillion U.S. debt as the real issue. Cautioning that the bond market is crashing, Kiyosaki opined: […]
https://news.bitcoin.com/robert-kiyosaki-advises-investing-in-bitcoin-as-us-dollar-becomes-trash/
Kenyan President William Ruto announced measures to prevent artificial intelligence (AI) from spreading disinformation, alongside the launch of the Fifth National Action Plan on Open Government Partnership. The initiative aims to foster international cooperation for ethical AI use. This comes after AI-fueled social unrest incidents in 2021 and 2023, and mass protests earlier this year. […]
https://news.bitcoin.com/kenya-acting-to-curb-ai-disinformation-president-ruto-says/
China is moving to update its legislation to tackle new money and cryptocurrency money laundering crimes. The Chinese Congress is set to introduce new money laundering concepts in the second review of the money laundering law draft revision, which will establish additional requirements for monitoring tech-related new money laundering risks. China to Address Crypto Money […]
https://news.bitcoin.com/china-moves-to-address-crypto-money-laundering-activities-with-new-law-draft-revision/
Rives has officially launched its innovative "Doom Olympics," a competitive onchain gaming event powered by the Cartesi platform. This unique competition promises a blend of thrilling gameplay and decentralized verification, offering participants exciting prizes and leaderboards.
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PRESS RELEASE. Web3 technology is leading a global technological revolution, propelling the internet industry into a new era of profound transformation and reconstruction. In this digital revolution, innovation is not only the driving force for the development of the Web3 industry, but also a crucial strategy for its future layout. In response to this trend, […]
https://news.bitcoin.com/web3-innovation-and-transformation-innoblock-2024-held-by-abga-and-bbs/
Two days ago, former President Donald Trump made headlines by announcing his family’s decentralized finance (defi) platform, World Liberty Financial, boldly claiming the initiative is “embracing the future with crypto.” Meanwhile, over on Polymarket, a blockchain-powered predictions platform, a new bet has emerged. People are now speculating on the chances of Trump launching a cryptocurrency […]
https://news.bitcoin.com/bettors-on-polymarket-see-69-chance-of-trump-launching-a-token-before-election/
Over the past seven days, non-fungible token (NFT) sales have dipped once again, sliding 7.91% compared to the previous week. The number of NFT buyers has taken a notable hit, plummeting 73.46%, and sellers are following suit, down 61.18% from last week. NFT Sales Total $74.86M in a Week Marked by Buyer Decline In the […]
https://news.bitcoin.com/nft-sales-drop-7-91-as-buyers-and-sellers-pull-back-sharply/
Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency deposits. GSB chairman Josip Heit agreed to cease selling unregistered securities without admitting or denying violations. 5 States Reach Settlement With GSB Group Over Unregistered […]
https://news.bitcoin.com/5-us-states-settle-with-gsb-group-over-unregistered-crypto-sales/
Uniswap Labs CEO Hayden Abrams has refuted claims that the platform charges $20 million for protocol deployments, calling them “completely false.” Abrams, who said he rarely engages with individuals seeking attention, explained that protocol deployments typically follow a governance vote. He added that deployments are prioritized based on the activity and effort involved, but efforts […]
https://news.bitcoin.com/uniswap-labs-ceo-denies-protocol-deployment-extortion-claims/