Bitcoin News

Reports emerge suggesting Mt. Gox creditors are receiving repayments

• by admin
• December 26, 2023

Mt. Gox creditors on Reddit claim they’ve begun receiving payments from the exchange, nearly 10 years after it first shut down. Creditors of the long-defunct Bitcoin exchange Mt. Gox have reportedly started to receive fiat repayments for their Bitcoin, which had been trapped on the exchange since February 2014, according to emerging reports on social […]

Bitcoin News

The Pope and US regulators warn about AI risks: Law Decoded

• by admin
• December 19, 2023

The head of the Catholic Church warned humanity of AI’s potential dangers and explained what needs to be done to control it. Nowadays, everyone has an opinion on artificial intelligence (AI) and its potential risks. Even Pope Francis — the head of the Catholic Church — warned humanity of AI’s potential dangers and explained what […]

Bitcoin News

US dollar hits 4-month low as Bitcoin trader predicts 10% drop to come

• by admin
• December 17, 2023

Bitcoin stands to enjoy further relief if its standard relationship to DXY weakness holds firm as the dollar shrinks on Fed “pivot” bets. Bitcoin BTC $41,925 may enjoy a familiar tailwind in the coming weeks and even beyond if new macro forces continue to play out. In a post on X (formerly Twitter) on Dec. […]

Bitcoin News

OpenAI announces second round of AI startup fund

• by admin
• December 17, 2023

OpenAI said the startup fund initiative is its way of helping push the boundaries of applied AI in essential domains. OpenAI has opened applications for the second cohort of its six-week program for artificial intelligence (AI) startups, Converge 2, through which it will invest $1 million into each of the 15 successful participants selected. The […]

Bitcoin News

SEC faces sanctions threat as Judge questions DEBT Box case accuracy

• by admin
• December 14, 2023

Initially, the SEC, led by attorney Michael Welsh, had convinced the court to freeze DEBT Box’s assets, arguing the company was moving to Dubai, beyond U.S. regulatory reach. United States District Judge Robert Shelby has cautioned the Securities and Exchange Commission (SEC) lawyers, hinting at possible sanctions due to purportedly deceptive statements in a legal […]

Bitcoin News

KyberSwap announces treasury grants for hack victims

• by admin
• December 14, 2023

The grant is designed to ease the financial burden on affected individuals and will equal the USD equivalent of the assets lost in the security breach. KyberSwap intends to provide financial assistance to users affected by a significant exploit on Nov. 22, which led to a $48.8 million loss for the decentralized finance protocol. To […]

Bitcoin News

Trezor launches education initiative in Africa, funds Bitcoineta trip

• by admin
• December 13, 2023

Trezor has officially launched its educational program in Africa in addition to funding Bitcoineta, a West African Bitcoin awareness campaign, and the Africa Bitcoin Conference. Hardware cryptocurrency wallet firm Trezor is continuing its efforts to promote Bitcoin BTC $41,244 education globally by launching a new educational initiative in Africa. The Trezor Academy was launched at the Trezor-backed […]

Bitcoin News

Coinbase rolls out crypto transfers via links sent on WhatsApp, Telegram

• by admin
• December 12, 2023

Recipients need to download a Coinbase Wallet to receive the funds, but the crypto exchange says they’ve simplified the process for less tech-savvy users. A new feature from Coinbase Wallet allows for the transfer of crypto through a link that can be sent through some of the most popular social media sites and messaging apps […]

Bitcoin News

One-hour Bitcoin block times: What do they mean, and are they frequent?

• by admin
• December 12, 2023

Extended Bitcoin block times have been in the headlines recently, but are they really that big of a deal — or even very common? A Bitcoin BTC $41,899 block that took over an hour to mine made headlines earlier in November. This is despite Bitcoin’s core protocol being written to aim to mine a block […]

Bitcoin News

Cathie Wood’s ARK dumps 700K GBTC shares in one month

• by admin
• December 11, 2023

After selling nearly 700,000 GBTC shares over the past month, ARK’s Next Generation Internet ETF still holds 4.3 million GBTC shares worth $131.8 million. Cathie Wood’s investment firm, ARK Invest, has sold 700,000 shares of the Grayscale Bitcoin Trust (GBTC) over the past month, even as Bitcoin BTC $42,400 hit 17-month highs over excitement for […]