The post FTC Targets DoNotPay in Crackdown on Misleading AI Claims appeared on BitcoinEthereumNews.com. The U.S. Federal Trade Commission has launched stringent actions against companies making misleading claims about their artificial intelligence capabilities. This corporate conduct, known as AI washing, has resulted in significant financial losses for consumers due to exaggerated AI capabilities marketing. “Using […]

The post BoJ Minutes: Calls for gradual and timely rate increase appeared on BitcoinEthereumNews.com. The Bank of Japan (BoJ) board members shared their views on the monetary policy outlook on Thursday, per the BoJ Minutes of the July meeting.   Key quotes Members shared a view over the need for vigilance to the risk of inflation overshoot. Many members said it […]

The post Kamala Harris Promotes U.S. Dominance in Blockchain and AI, Gains Support From Mark Cuban and Ro Khanna appeared on BitcoinEthereumNews.com. U.S. Vice President Kamala Harris has pledged to bolster the nation’s dominance in blockchain, artificial intelligence (AI), and quantum technology to secure its global competitiveness. Prominent entrepreneur Mark Cuban has endorsed Harris, hinting […]

The post Will Base flip Arbitrum to emerge Ethereum’s largest L2 network? appeared on BitcoinEthereumNews.com. Base network’s DeFi TVL is currently at an all-time high.  A competitive shift has seen Arbitrum continue to lose its market share to Base. Base, an Ethereum [ETH]-based layer 2 network, has emerged as a formidable rival to Arbitrum [ARB] […]

The post EUR/USD faces harsh rejection from 1.12 amid Greenback bounce appeared on BitcoinEthereumNews.com. EUR/USD fell four-tenths of a percent after flubbing the 1.12 handle on Wednesday. Markets pivoted into Greenback bids in the midweek market session. US economic data and Fedspeak to dominate market cycle for the rest of the week. EUR/USD pulled back […]

The post Ex-SEC Lawyer Reveals SEC’s Potential Appeal Strategy in XRP Lawsuit as XRP Price Sees Volatility appeared on BitcoinEthereumNews.com. The XRP lawsuit continues to draw significant attention from investors and the crypto community. Former SEC attorney Marc Fagel has provided insights into the potential appeal strategy of the SEC. Fagel suggests that the appeal […]

The post Blackrock Resumes Bitcoin Buying, Is A Breakout To $70K Next? appeared on BitcoinEthereumNews.com. BlackRock has increased its exposure to cryptocurrencies, buying an additional 529 BTC and 2,420 ETH. With these new acquisitions, BlackRock now has 359,606 BTC with an estimated value of $22.82 billion and 350,000 ETH with an estimated value of $23 […]

The post OpenAI CTO Mira Murati Announces Departure Amid Notable Leadership Shifts appeared on BitcoinEthereumNews.com. On September 26, COINOTAG reported that OpenAI’s Chief Technology Officer, Mira Murati, announced her resignation, marking another significant leadership change in the burgeoning artificial intelligence sector. Murati took to social media platform X to disclose her departure, stating, “I left […]

The post Chinese Investors Flock to Bitcoin Investment appeared on BitcoinEthereumNews.com. In response to the current economic challenges in China, investors are increasingly turning to Bitcoin and other cryptocurrencies, as highlighted by a recent report from Chainalysis. The data shows a significant rise in capital flowing into China’s over-the-counter (OTC) crypto brokers. The Bank of […]

The post China’s Massive Stimulus Sparks Bitcoin Speculations Amid Global Liquidity Boost appeared on BitcoinEthereumNews.com. Bitcoin has experienced considerable price movements following significant economic actions by global central banks. China’s central bank recently introduced an extensive stimulus package, likened to a “policy bazooka,” aiming to boost the nation’s sluggish economy. Crypto enthusiasts speculate on the […]