As the Bitcoin price comes under strong selling pressure after the ETF approval earlier this week, Vanguard is doubling down on its fight against the investment product. Earlier this week, Vanguard said that it won’t join other big players like BlackRock in offering Bitcoin ETFs. Vanguard Doubles Down on No Crypto Stand Vanguard is reinforcing […]
Bitcoin (BTC) Price Tanks Another 8%, Scaramucci Blames Grayscale/FTX For This Rout
The world’s largest cryptocurrency Bitcoin (BTC) continues to face selling pressure after the Bitcoin ETF approval. In the last few hours, the BTC price tanked by a further 8% slipping all the way to $42,500 levels, as of press time. Some market analysts have also called the Bitcoin ETF launch a failure. What’s Behind the […]
OpenAI ChatGPT Might be Getting Lazier, Here’s How
It is generally believed that the flagship OpenAI ChatGPT app might be getting tired already as there has been a rise in the number of individuals complaining about the Artificial Intelligence (AI) chatbot’s laziness. OpenAI ChatGPT Reacts to User’s Requests Several people have discovered that there are times when the AI tool fails to do […]
Just In: DeFi Security Suffers Another Hit With Wise Lending Hack
Wise Lending reportedly suffered an exploit on Friday in the latest cybersecurity breach in the decentralized finance (DeFi) space. PeckShield Inc., a blockchain security and data analytics company, reported that Wise may have suffered a significant loss of approximately 177 ETH, about the market price of $464,000. PeckShield’s initial investigation revealed that the exploit was […]
Citi’s Crypto Division Revenue Dips, Layoffs Underway
Banking giant Citi on Friday reported a net loss of $1.8 billion for the fourth quarter of 2023 as compared to a year ago profit of $2.5 billion. The bank also said that it plans to reduce its headcount in the future. The revenue for the quarter of Citi’s wealth segment, which contains its crypto […]
Bitcoin ETFs Not Ideal for Investment Portfolios, Warns Goldman Sachs Executive
Goldman Sachs executive Sharmin Mossavar-Rahmani warned investors about Bitcoin ETFs not being an ideal investment portfolio on Friday. According to a report by The Wall Street Journal, Sharmin said digital currencies are still more like a roulette. The remarks come after Goldman Sachs was previously debating on entering the Bitcoin ETF space. Goldman Sachs executive […]
UK Police Warn Against Coscoin Crypto Scam After Huge Losses
UK police have issued a stark warning against the cryptocurrency platform Coscoin, which is embroiled in a £215k scam. This alert follows numerous reports of fraudulent activities connected to the platform, which promised high investment returns. Rising Concerns Among Investors The recent BBC report shed light on Coscoin’s operations, which claimed to utilize advanced AI […]
Endgame for Many Blockchain Titles as Industry Resets High Scores
According to the latest H2 2023 report from Big Blockchain Games List, the blockchain gaming industry is experiencing a significant shakeout. Data shows that out of 1,322 blockchain games ever listed, 407 (31%) have now ceased operations. During the last six months, 162 games, or 15% of the total, have been discontinued. Of these, 50 […]
Auction for Bitcoin Ordinals Goes Live on Sotheby’s
Auction house Sotheby’s has opened bidding for its Bitcoin Ordinals collection following the conclusion of its first auction of this same digital collectible last year in December. Bitcoin Ordinals Auction: Ongoing Curated Sale The collection auction dubbed “Natively Digital: An Ordinals Curated Sale,” contains 19 pieces of the Bitcoin Ordinals including some rare Satoshis, work from […]
Senators Urge Probe into SEC’s Misleading Bitcoin ETF Tweet
Senate Finance Committee Chair Sen. Ron Wyden, D-Ore., and Sen. Cynthia Lummis, R-Wyo., have requested an investigation into the recent security breach of the U.S. Securities and Exchange Commission’s (SEC) social media account. This request follows a misleading tweet about Bitcoin ETF approval that raised concerns over cybersecurity protocols within the agency. Senators Call for […]