Author: e_cash_top
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Bitcoin devs rebuff Craig Wright lawsuit over $2.5B lost coins, cite history of forgery
[ad_1] Bitcoin (BTC) developers sued by the self-proclaimed inventor of the flagship digital asset, Craig Wright, have filed preliminary objections against claims that they failed in their fiduciary duty to help him recover over 100,000 BTC, worth roughly $2.5 billion, lost in a hack. According to the preliminary application filed before a U.K. High Court,…
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Thailand looks to ban Facebook next week over crypto ad scams
[ad_1] Thailand’s Ministry of Digital Economy and Society (DES) is taking steps to shut down Facebook in the country, citing harmful investment scams causing economic and public security concerns. Court petition filed. The move to petition the court comes after a sharp rise in scams where fraudsters buy ads through Facebook and trick people into…
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Shift to self-custody? $125M Bitcoin outflow stirs market interest
[ad_1] Quick Take Yesterday, Aug. 21, marked a remarkable shift in the Bitcoin landscape as finance experienced one of its most substantial outflows to date, approximately $125M. This considerable movement of funds away from finance platforms may suggest an increased preference among users for holding their own assets rather than keeping them on exchange platforms.…
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FTX bankruptcy hearing set for Thursday outlines key agenda
[ad_1] FTX Trading Ltd has filed an agenda for the next bankruptcy hearing on Aug. 23 before Judge John T. Dorsey of the U.S. Bankruptcy Court for the District of Delaware. Thursday, Aug. 23, FTX bankruptcy hearing. The hearing will cover several matters related to FTX’s Chapter 11 bankruptcy case, which was filed on Nov.…
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Bitcoinβs surprising stability: A signal of a maturing market despite severe dips
[ad_1] Quick Take On August 17, Bitcoin experienced its 190th worst day in terms of performance, showcasing a significant drop of 7.23%. The market exhibited signs of distress with the price tumbling from around $29,000 to below $26,000. However, despite the stark depreciation, an analysis of Bitcoin’s entire price history reveals a compelling trend β…
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Binance begins limiting access to SEPA customers more than a month ahead of announced deadline
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more βΊ Connected to Alpha Welcome! π You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Circle and Coinbase to dissolve Centre; USDC will remain fully available
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more βΊ Connected to Alpha Welcome! π You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Sam Bankman-Fried allowed to meet with lawyers for supervised, one-time Internet access
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more βΊ Connected to Alpha Welcome! π You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Federal judge rules art generated purely by AI cannot be copyrighted
[ad_1] According to a federal judge’s ruling on Aug. 18, art and media generated purely by artificial intelligence (AI) do not fall under copyright protection The ruling concerns Stephen Thaler, who attempted to register a piece of AI-generated artwork with the U.S. Copyright Office in 2018. The office denied his copyright application because the work…
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Bitcoin, Binance Coin correlation hits record 98%; speaks to wider market trends
[ad_1] Quick Take An intriguing observation from the crypto world highlights the significant correlation among prominent cryptocurrencies: Bitcoin and Binance Coin (BNB) have registered a striking correlation of 98% over the past year β an all-time high. As Bitcoin, the market-leading cryptocurrency, saw its value dip below the $26,000 mark, a corresponding decline was observed…