Category: Latest news
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Miners are selling more than 100% of the mined supply
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Thodex founder handed over 460 life sentences in prison for massive Turkish crypto scandal
[ad_1] Fatih Özer, the founder of the failed crypto exchange Thodex, has been sentenced to 11,196 years, equivalent to 466 life sentences, in Turkish prison, Bloomberg reported on Sept. 7. Özer was sentenced alongside his brother Güven Özer and sister Serap Özer for fraud, among other related crimes such as organizing and managing criminal organizations,…
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How to get the best out of Claude Pro as Anthropic increases access to 100k token model
[ad_1] Artificial intelligence startup Anthropic has launched its much anticipated paid subscription service Claude Pro to offer more usage of its 100k token conversational AI assistant Claude. The San Francisco-based company introduced the $20 per month service on Sept. 7 as a way for power users to get more productivity from Claude’s large language model…
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Bitcoin mining is for the people, thanks to GoMining
[ad_1] Bitcoin mining is one of the best ways to support and participate in the network and earn BTC. However, for most people, it is not easy to get started. Bitcoin mining’s barrier of entry continues to remain high, as the financial investment, technical knowledge, and active maintenance required are all too difficult for most…
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Mirror Trading International to pay $1.7B in restitution to victims of Bitcoin investment scam
[ad_1] The U.S. Commodity Futures Trading Commission (CFTC) announced on Sept. 7 the outcome of a case against a South African company involved in crypto fraud. The CFTC said that a judge has entered a consent order against Mirror Trading International Proprietary Limited (MTI), finding the company liable for several types of fraud. The order…
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House Financial Services Committee announces ‘Digital Dollar’ hearing as pressure to pass crypto legislation intensifies
[ad_1] The House Finance Committee has announced another hearing on cryptocurrency regulation as demand for congressional action on the virulent industry intensifies. Held by the Digital Assets, Financial Technology and Inclusion Subcommittee and Entitled “Digital Dollar Dilemma: The Implications of a Central Bank Digital Currency and Private Sector Alternatives,” the hearing will take place at…
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JP Morgan considering a new blockchain-based settlement token
[ad_1] JP Morgan Chase & Co. could soon create a new blockchain-based digital deposit token, according to reports from Bloomberg on Sept. 7. The new token would allow for faster cross-border payments and settlements. In fact, JP Morgan has reportedly built the infrastructure needed to handle transactions for the token, based on statements from anonymous…
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Short-term holders bear the brunt of Bitcoin’s volatility
[ad_1] Bitcoin’s drop from $29,000 in mid-August has significantly changed market dynamics. Despite the short-lived jump to $27,000 following the news about Grayscale’s win against the SEC, Bitcoin is still hovering around $25,700. Graph showing Bitcoin’s price from Aug. 1 to Sep. 7, 2023 (Source: CryptoSlate BTC) A deeper dive into on-chain metrics reveals that…
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Coinbase, Circle, Aave, and more partner to launch Tokenized Asset Coalition
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FBI identifies North Korea’s Lazarus Group as culprit in $41M Stake exploit
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