At least $24.2 billion worth of crypto was sent to illicit crypto wallet addresses in 2023, according to a new report by Chainalysis, a crypto research firm. This includes addresses that are sanctioned by the U.S. or linked to terrorist financing, scams, ransomware, darknet markets, cybercrime, and child abuse material. According to Chainalysis, the $24.2 […]
Hut 8 responds to report criticizing USBTC merger and other activities
The Bitcoin and digital asset mining firm Hut 8 responded to a recent critical report in a statement on Jan. 19. The mining company wrote: “Hut 8 Corp is aware of a short report … by J Capital Research, which is a self-proclaimed group of biased activists who clearly disclose that they will profit if […]
How Bitcoin Won The Heart Of This Financial Giant
Franklin Templeton President and CEO Jenny Johnson joined CNBC’s ‘Squawk Box’ to discuss the firm’s spot Bitcoin Exchange-Traded Fund (ETF) offering in the US. In this interview, Johnson shared the reasons for investing in Bitcoin. What Made Franklin Templeton CEO A Bitcoin Believer As she states in the interview, the CEO is known for saying […]
Vision Mamba: A New Paradigm in AI Vision with Bidirectional State Space Models
The Vision Mamba project introduces a transformative approach in AI vision with its bidirectional state space models, outperforming traditional vision transformers in efficiency and performance across various tasks, including ImageNet classification and COCO object detection. (Read More)
Crypto exchange Debiex faces romance scam allegations, CFTC claims $2.3M in losses
The United States watchdog labeled Debiex a “bogus digital asset platform,” amid filing civil charges against the exchange for the alleged misappropriation of funds.
Ethereum Classic pulls back after rally fueled by ETF approval
After a brief rally in value following ETF approval, ETC begins to see price retracement.
Bitcoin’s 50% Profit Plunge, But Gains Await
Bitcoin’s short-term holders are experiencing a significant 50% reduction in profits, creating a compelling incentive to selling pressure and exit liquidity. A recent analysis by CryptoQuant delves into the implications of such substantial decreases in average profits for short-term holders, emphasizing their heightened sensitivity to short-term market conditions. Examining the data further, two crucial metrics […]
SEC opens comments on options trading for BlackRock, Cboe spot Bitcoin ETFs
The U.S. Securities and Exchange Commission (SEC) on Jan. 19 opened comments on proposals related to options trading on Bitcoin ETFs. One SEC notice concerns a proposed rule change allowing Nasdaq to list and trade options on BlackRock’s iShares Bitcoin Trust. A second SEC notice concerns a proposed rule change that would allow Cboe Exchange […]
Canada’s Regulator Drops Plans For Public Crypto Asset Funds
Canada’s securities regulator [CSA] has drafted plans to modify funds that intend to invest directly or indirectly in crypto assets, commonly called public crypto asset funds. The suggestions, collectively referred to as the Proposed Amendments and CP Changes, are now open for a 90-day comment period. The primary aim of these changes is to enhance […]
Shiba Inu (SHIB) Rapidly Breaks Down, Ethereum (ETH) Loses Traction, While Solana (SOL) Presents Hidden Opportunity
Unfortunately, crypto market has lost battle against bears this time