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Binance CEO Anticipates Steady Inflows to Spot Ethereum ETFs

Binance CEO Anticipates Steady Inflows to Spot Ethereum ETFs

Spot Ethereum ETFs are expected to ensure a steady and significant capital inflow over time, according to Binance CEO Richard Teng, as reported by Cointelegraph. The expert expressed skepticism regarding the scale of inflows into these products following their listing. “It is unlikely they will be dramatic at the initial stage. Inflows will fluctuate depending […]

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Winklevoss Twins Donate $1 Million in Bitcoin to Elizabeth Warren's Rival

Winklevoss Twins Donate $1 Million in Bitcoin to Elizabeth Warren’s Rival

Tyler and Cameron Winklevoss have each donated 8 BTC (~$500,000) to the campaign of John Deaton, who is running for the Senate seat in Massachusetts. I just donated $500k in bitcoin (8 BTC) to @DeatonforSenate to help him unseat @SenWarren as a U.S. Senator. Here’s why: Elizabeth Warren is one of the single greatest threats […]

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Police Seize 500 Bitcoin Miners Near Irkutsk

Police Seize 500 Bitcoin Miners Near Irkutsk

Law enforcement in the Irkutsk region uncovered illegal cryptocurrency mining operations and confiscated the equipment. This was reported by the local department of the Investigative Committee of the Russian Federation. According to the investigation, residents of TSN “Molodezhnoye” and DNT “Uyutnoye” connected 500 ASIC miners to the power grids supplying the district’s population. The miners […]

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What is a digital miner, and how can you mine bitcoin with NFTs?

What is a digital miner, and how can you mine bitcoin with NFTs?

An explainer on digital miners and how to mine bitcoin with NFTs.

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Hong Kong's ZA Bank to Partner with Stablecoin Issuers

Hong Kong’s ZA Bank to Partner with Stablecoin Issuers

Hong Kong’s virtual bank ZA Bank will provide reserve services for stablecoin issuers. According to its representatives, the bank is in talks with ten companies regarding potential partnerships. ZA Bank, the largest virtual bank in Hong Kong, announced that it will provide reserve bank services for stablecoin issuers and is currently negotiating cooperation with nearly […]

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Bitcoin Mining Difficulty Rises by 3%

Bitcoin Mining Difficulty Rises by 3%

The latest recalibration has seen the difficulty of mining the leading cryptocurrency increase by 3.21%, reaching 82.05 T. This marks a return to growth following declines over the previous three periods. Source: BTC.com. The average hash rate since the previous adjustment was 646.59 EH/s, with the interval between blocks slightly exceeding nine minutes. According to […]

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Venice AI Emerges as a Decentralized Rival to ChatGPT and Gemini

Venice AI Emerges as a Decentralized Rival to ChatGPT and Gemini

The decentralized generative AI model, Venice AI, has connected to the internet and commenced real-time operations. https://t.co/m2jsJuDuXS users, we hear you: real time info/web search is now available. There is now a web-enabled AI model, and as of this morning it is the default. This means you can ask questions that need live/up to date […]

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Tornado Cash Transfers Reach $1.85 Billion in First Half of 2024

Tornado Cash Transfers Reach $1.85 Billion in First Half of 2024

Deposits in the OFAC-sanctioned cryptocurrency mixer Tornado Cash reached $1.85 billion in the first six months of 2024. For comparison, the total for 2023 was $1.28 billion, according to Flipside Crypto. Data: Flipside Crypto. The service’s popularity has increased amid ongoing US Treasury sanctions and legal battles involving its founders. In August 2022, OFAC blacklisted […]

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LI.FI Reveals Details of $11.6 Million Hack

LI.FI Reveals Details of $11.6 Million Hack

The team behind the cross-chain protocol LI.FI has disclosed details of a hack that resulted in users losing $11.6 million in stablecoins USDC, USDT, and DAI. Post-mortem and next steps for @lifiprotocol partners and community:https://t.co/H4EEiLAHEc pic.twitter.com/TZmx0VtLxo — LI.FI (@lifiprotocol) July 18, 2024 According to the statement, the exploit occurred shortly after the deployment of a […]

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Bitzlato Founder to Be Released After Time Served

Bitzlato Founder to Be Released After Time Served

On July 18th, the U.S. District Court in Brooklyn, New York, sentenced Anatoly Legkodymov, founder of the cryptocurrency exchange platform Bitzlato, to 18 months in prison, crediting him for the equivalent time already spent in detention. This was reported by Bloomberg. Legkodymov was accused of running an unlicensed money transfer business that processed over $700 […]

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CryptoQuant: Bitcoin Hits Local Bottom Amid Positive Indicators

CryptoQuant: Bitcoin Hits Local Bottom Amid Positive Indicators

The price of the leading cryptocurrency has seemingly reached a local bottom before rebounding to nearly $66,000 earlier this week, reports The Block, citing a report from CryptoQuant. According to analysts, the recent drop in Bitcoin’s price to around $55,000 resulted in the largest realized losses for asset holders in 2024. “Hodlers of digital gold […]

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OpenAI Unveils New AI Model: GPT-4o Mini

OpenAI Unveils New AI Model: GPT-4o Mini

The AI startup OpenAI has introduced a new artificial intelligence model, GPT-4o mini, as reported by CNBC. The company described it as “the most powerful and cost-effective small model available today,” according to the network. OpenAI plans to integrate features for processing images, video, and audio in the future. GPT-4o mini is a branch of […]

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