Author: e_cash_top
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Judge may impose ‘extraordinary’ response of up to 7 years in prison for Craig Wright’s lies
[ad_1] Craig Wright faced a decisive blow in the courtroom today as the UK High Court delved into the penalties and injunctive relief in his case against the Crypto Open Patent Alliance (COPA). The proceedings, detailed in live updates from What The Finance on X, saw Jonathan Hough KC presenting a comprehensive argument for severe…
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US creates 272,000 new jobs in May as Bitcoin falls below $71,000
[ad_1] Available exclusively via How BlackRock’s Bitcoin ETF shapes the crypto market Andjela Radmilac · 4 days ago CryptoSlate’s latest market report dives deep into the meteoric rise of BlackRock’s Bitcoin ETF to understand how it positioned itself at the forefront of the crypto market. [ad_2] Source link
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Calls to Secure Release of Tigran Gambaryan
[ad_1] A group of more than 100 former US federal prosecutors has urged the United States government to intensify efforts to secure the release of Binance executive Tigran Gambaryan from Nigerian custody, according to a June 6 letter. Gambaryan, Binance’s head of compliance, and his colleague Nadeem Anjarwalla were detained in Nigeria in February following…
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Why is Bitcoin hash rate so important for its security?
[ad_1] Bitcoin’s hash rate is a critical metric that measures the computational power used to mine and process transactions on the Bitcoin network. It is expressed in hashes per second (h/s), with standard denominations including kilohashes (kH/s), megahashes (MH/s), gigahashes (GH/s), terahashes (TH/s), petahashes (PH/s), and exahashes (EH/s). The hash rate indicates how many calculations…
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Web3 Foundation fuels innovative developer tools with Accelerate Polkadot grant
[ad_1] The Web3 Foundation, the organization behind Polkadot, has awarded a Decentralized Futures (DF) grant to Accelerate Polkadot, which aims to boost developer productivity within the Polkadot ecosystem. The firm stated: “This groundbreaking initiative is dedicated to providing developers with the tools and knowledge they need to succeed in the Polkadot ecosystem through comprehensive, goal-oriented…
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Dora Factory airdrops tokens to over 1 million Cosmos stakers
[ad_1] Dora Factory, a leading blockchain infrastructure provider, airdropped its native DORA token to over 1 million Cosmos Hub stakers on June 5 to boost participation in the ecosystem’s governance and decentralized funding activities. Dora Factory focuses on decentralized governance and public goods funding tools. The company has developed technologies like Dora Vota and Public…
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Treasury Secretary Yellen warns of financial stability risks posed by AI
[ad_1] US Treasury Secretary Janet Yellen expressed significant concerns about the potential dangers artificial intelligence (AI) poses to the stability of the financial system. Yellen made the remarks during a keynote address at a conference on AI and financial stability on June 6. Her speech stressed the urgency of addressing these emerging risks and called…
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DOJ, FTC to probe OpenAI, Microsoft, Nvidia over AI competition fairness
[ad_1] The Department of Justice (DOJ) and the Federal Trade Commission (FTC) are preparing to launch investigations into major AI companies over anticompetition issues, Politico reported on June 6. Under the agreement, the DOJ will probe Nvidia and its role in supplying high-end semiconductors to the AI industry. Estimates suggest the tech giant controls up to…
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Kraken looking to raise $100 million in preparation for 2025 IPO
[ad_1] Kraken is reportedly planning to raise $100 million through a final funding round by the end of the year before an eventual IPO in 2025, Bloomberg News reported on June 6, citing people familiar with the matter. The report said that Kraken is currently looking for a marquee company to join its board to…
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DTCC highlights potential of tokenization in Congressional testimony
[ad_1] DTCC Digital Assets global head and managing director Nadine Chakar made a compelling case for the benefits of tokenization in her testimony before the House Financial Services Subcommittee on Digital Assets on June 5. Chakar’s testimony centered on the transformative potential of tokenizing real-world assets and its implications for the US financial markets. She…