Category: Latest news

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[ad_1] According to a local news report, Russian official Marat Tambiev is accused of accepting Bitcoin (BTC) worth $28 million as a bribe from the hacker group he was investigating. This is the largest recorded amount received in a single bribery instance in Russia, as per the report. Tambiev served as the head of the…

Hollywood needs Web3, not vice versa

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[ad_1] The following is a guest post from Andrea Berry, Head of Business Development at Theta. In the glimmering world of Hollywood, the convergence of technological innovation and creative imagination has been a bedrock principle since its inception. The industry, known for captivating audiences worldwide, has progressively evolved – from silent films to sound, black…

Bitcoin miner fees stay elevated, boosting daily revenue to $1.8M

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[ad_1] Quick Take Looking at Bitcoin miner fees, they are still elevated compared to previous years. The total fee paid to miners is currently around 70 Bitcoin per day, $1.8 million. Before Ordinals and BRC-20 tokens became a thing this year, on average, miners received around 20 Bitcoin daily. The percentage of miner revenue derived…

Don’t blame memecoins and degens for crypto’s credibility problem

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[ad_1] Crypto has always struggled with credibility among no-coiners – who point to the lack of intrinsic value, price volatility, and regulatory concerns, among other issues. These criticisms seem all the more persuasive when applied to memecoins, which typically exist without an underlying purpose or specific practical use case. On the flip side, memecoins offer…

How Bitcoin could offer a safe haven in the face of a global inflation crisis

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[ad_1] The post How Bitcoin could offer a safe haven in the face of a global inflation crisis appeared first on CryptoSlate. [ad_2] Source link

FTX files objection to Genesis after being snubbed in $0.00 claim estimate

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[ad_1] FTX and its associated debtors declared numerous objections to Genesis’s bankruptcy proceedings and recovery plans in a June 2 court filing. FTX’s claim estimated at zero On May 9, Genesis began to seek a 100-day extension for its Chapter 11 recovery plan. The company later submitted other filings in support of that plan. FTX…

NFTs and Big Brands: Exploring new possibilities

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[ad_1] The surge in popularity of NFTs, which are unique digital tokens that cannot be replicated, has recently captured the attention of notable corporations. Big names such as Marvel (a subsidiary of Disney), Coca-Cola, Gucci, Pizza Hut, KFC, Taco Bell, Lamborghini, and Hot Wheels (which is owned by Mattel) have joined the frenzy by delving…

Japanese regulators warn OpenAI against collecting sensitive data

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[ad_1] Japan’s Personal Information Protection Commission warned OpenAI against collecting sensitive information without people’s consent, Reuters reported on June 2. The privacy watchdog also asked OpenAI, the Microsoft-backed startup behind ChatGPT, to minimize the collection of sensitive data for machine learning. The regulator added that it may take further action against the startup in case…

Alchemy Pay teams up with Mastercard for ‘NFT Checkout’

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