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500 BTC move after six-year dormancy

500 BTC move after six-year dormancy

On January 10, a bitcoin wallet that had been dormant for six years moved its assets to a new address, according to Lookonchain. A wallet that had been dormant for 6 years deposited all 500 $BTC ($46.87M) into #CoinbasePrime 2 hours ago. This wallet received 500 $BTC 6 years ago when the price of $BTC […]

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Arbitrum community votes on BoLD activation

Arbitrum community votes on BoLD activation

Arbitrum DAO has opened a vote on upgrades to the Arbitrum One and Nova L2 networks that would activate the BoLD dispute-resolution protocol. LIVE: Proposal to activate Arbitrum BoLD is up for a final vote. BoLD is a new dispute resolution protocol enabling permissionless validation. If approved, anyone can participate in validation and defend against […]

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CFTC seeks Coinbase customer data in Polymarket probe

CFTC seeks Coinbase customer data in Polymarket probe

Coinbase warned users that it had received a request from the CFTC for customer data, Ethereum commentator Eric Conner reported. Biden’s CFTC is subpoenaing customer info from @coinbase in their case against @Polymarket pic.twitter.com/YlCdUPwHs7 — eric.eth (@econoar) January 8, 2025 According to the exchange, the Commission issued a formal demand to disclose “general information” on […]

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Cynthia Lummis to chair Senate subcommittee on digital assets

Cynthia Lummis to chair Senate subcommittee on digital assets

The US Senate Banking Committee has preliminarily approved Senator Cynthia Lummis to chair the subcommittee on digital assets. Senate Banking subcommittee on digital assets has the following GOP members, per internal planning doc: Lummis (Wyo)- ChairMoreno (Ohio)Tillis (NC)Hagerty (Tenn)McCormick (Pa.) — Brendan Pedersen (@BrendanPedersen) January 9, 2025 The panel will also include several crypto-friendly lawmakers […]

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Elon Musk calls synthetic data the next stage in AI’s evolution

Elon Musk calls synthetic data the next stage in AI’s evolution

Elon Musk agreed with other experts that little real-world data remains for training AI models, TechCrunch reports. “Right now we have exhausted practically the entirety of human knowledge for training AI. That happened last year,” he said during a conversation with Stagwell chairman Mark Penn. In December, OpenAI co-founder and founder of AI startup Safe […]

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Avalon Labs, a BTCFi protocol, unveils token and airdrop

Avalon Labs, a BTCFi protocol, unveils token and airdrop

Avalon Labs, a project developing Bitcoin-based decentralised finance, has introduced the AVL governance token. Twenty percent of the total supply is allocated to user rewards. Avalon TGE is Coming. The Ticker is $AVL. pic.twitter.com/vEhjufpilb — Avalon Labs ?? (@avalonfinance_) January 9, 2025 According to a blog post, the TGE will take place in early Q1 […]

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Fidelity calls Solana a 'serious competitor' to Ethereum

Fidelity calls Solana a ‘serious competitor’ to Ethereum

Over the long term, Ethereum’s strong fundamentals matter more than Solana’s speed and low costs, according to a Fidelity report. As the bull market develops, investors will pay closer attention to this, the analysts noted. For the blockchain of the second-largest cryptocurrency by market capitalisation, the firm highlighted high developer activity, TVL and the supply […]

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Glassnode spots fading speculative momentum in bitcoin futures

Glassnode spots fading speculative momentum in bitcoin futures

Open interest in futures on the first cryptocurrency shows “declining speculative momentum”, Glassnode analysts observed.

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FTX disputes Backpack Exchange’s claim to have bought FTX EU

FTX’s liquidators called Backpack’s statements about an alleged acquisition of FTX EU and the reimbursement of former customers “misleading”. The FTX Debtors today provided clarification on certain statements by Backpack relating to Backpack’s purported acquisition of FTX EU. Read more here: https://t.co/WVwfNXBKRj — FTX (@FTX_Official) January 8, 2025 FTX said the company, founded by former […]

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Thai police seize about 1,000 bitcoin miners from JIT Co.

Thai police seize about 1,000 bitcoin miners from JIT Co.

Thai police seized 996 bitcoin mining devices from JIT Co., based in the eastern province of Chon Buri, according to local media. The firm, registered to trade digital assets, is suspected of stealing electricity. Preliminary estimates put losses at hundreds of millions of baht (millions of dollars). An employee told police the power theft took […]

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Sam Altman responds to sister’s abuse allegations

Sam Altman responds to sister’s abuse allegations

OpenAI CEO Sam Altman and his family have commented on a new lawsuit filed by Annie Altman, who has accused her older brother of sexual abuse. My sister has filed a lawsuit against me. Here is a statement from my mom, brothers, and me: pic.twitter.com/Nve0yokTSX — Sam Altman (@sama) January 7, 2025 The filing reiterates […]

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Revolut to supply market data to Pyth Network’s DeFi oracles

Revolut to supply market data to Pyth Network’s DeFi oracles

Pyth Network has struck an agreement with Revolut under which the fintech will supply “quotes and trading data” to the oracle network. Revolut, the digital banking giant serving 45M users across 200 countries, just became a Pyth Network data publisher! Real-time price feeds from a fintech giant = better data for builders, more transparency for […]

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