Category: Latest news
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US Government Urged to Help Detained Binance Executive
[ad_1] US lawmakers have urged President Joe Biden to intervene in the case of Tigran Gambaryan, a Binance executive detained in Nigeria. In a June 4 letter to President Biden, Secretary of State Anthony Blinken, and Special Presidential Envoy for Hostage Affairs Roger Carstens, the lawmakers highlighted Gambaryanâs wrongful detention by the Nigerian government. Gambaryan,…
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Bitpanda turns to Deutsch Bank to handle customer deposits and withdrawals
[ad_1] Crypto broker Bitpanda will use Deutsche Bank to handle customer deposits and withdrawals. Bitpanda announced the partnership in a June 4 blog post, adding that Deutsche Bank will provide real-time payment services to Bitpanda users. Deutsche Bank will also provide Bitpandaâs German users with local international bank account numbers (IBANs) for deposits. Bitpanda cited…
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Bitcoin halving slashes miners’ production in May by over 40%
[ad_1] Several Bitcoin miners experienced a decline in BTC production in May due to the effects of the April Bitcoin halving event. The Bitcoin halving occurs approximately every four years and automatically reduces miner rewards, thereby enhancing the flagship digital assetâs scarcity. This year, the event cut mining rewards to 3.125 BTC â significantly decreasing…
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Google publishes new policy paper emphasizing privacy in AI development
[ad_1] Google released a new policy working paper on June 4 titled âGenerative AI and Privacy,â emphasizing the critical need for privacy protections in the development and deployment of artificial intelligence (AI) technologies. The paper, authored by Googleâs Global Director of Privacy Safety and Security Policy, Kate Charlet, outlines the companyâs approach to embedding privacy…
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Bitwise CIO says market undervaluing Washingtonâs shifting attitude toward crypto
[ad_1] Bitwise CIO Matt Hougan believes the market is underestimating the significance of Washingtonâs evolving attitude toward cryptocurrencies Hougan said in a June 4 memo that the US political landscape regarding crypto has changed significantly toward a more positive stance in recent weeks, and the market would been at a new all-time high already if…
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House Appropriation bill targets SEC’s controversial SAB 121 amid budget talks
[ad_1] An upcoming House Appropriation budget could prevent the US SEC from implementing its controversial Staff Accounting Bulletin 121 (SAB 121). FOX Business reporter Eleanor Terrett, who reported the news on June 4, said the bill will prohibit the SEC from using appropriated funds to implement the rule. Appropriations allow agencies to incur obligations and…
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Bitcoin short-term holders increased holdings by over 1 million BTC in six months
[ad_1] Available exclusively via How BlackRockâs Bitcoin ETF shapes the crypto market Andjela Radmilac · 2 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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Spain extends Worldcoin ban until 2024-end
[ad_1] Spain has extended its ban on Worldcoinâs operations, a project led by Tools for Humanity Corporation, until the end of the year or until the Bavarian Data Protection Authority (BayLDA) reaches a final decision. The extension follows a precautionary measure imposed by the Spanish Data Protection Agency (AEPD) in March, which ordered Worldcoin to…
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Bitcoinâs realized price surpasses $30,000
[ad_1] Onchain Highlights DEFINITION: Realized Price is the Realized Cap divided by the current supply. Bitcoin’s realized price has reached new heights, breaking $30,000, driven by significant market activity and investor confidence. Bitcoin’s realized price indicates the average price at which all Bitcoin currently in circulation was last moved. Realized Price: (Source: Glassnode) In April,…
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FTX settles $24 billion IRS claim for fraction to prioritize customer repayments
[ad_1] Defunct crypto exchange FTX has agreed to settle the Internal Revenue Service (IRS) substantial $24 billion tax claim for a significantly lower amount to help the company prioritize its customer repayments during its ongoing bankruptcy process. According to the terms of the settlement, the IRS will receive a $200 million priority claim to be…