Bitcoin has seen a resurgence above the $41,000 level, following a period of instability. On the back of industry outflows, BTC dipped below the $40,000 threshold on several occasions. The recovery of nearly 5% on Friday sets a cautious tone in the market, at least for the near term. This is because investors are expecting a […]
Taylor Swift’s Deepfake Photos Sparks New Call for AI Regulation
Deepfake but convincing explicit photos of pop singer Taylor Swift have surfaced on the internet, further underscoring the need for AI regulation. Urgent Need for AI Regulation Arises The unsavory images of Taylor Swift have been viewed multiple times on X and Telegram, prompting an outcry from politicians in the United States. One particular picture […]
Bitcoin ETF Approval Raises Regulatory Risks, Says CFTC Chair Behnam
Rostin Behnam, Chair of the Commodity Futures Trading Commission (CFTC), has expressed deep concerns regarding the recent approval of spot bitcoin exchange-traded funds (ETFs). This approval by the Securities and Exchange Commission (SEC) has led to an influx of trading activity, marking billions of dollars in transactions. However, Behnam warns of the inherent risks and […]
HashFlare Crypto Scammers Set for Extradition to US
The Estonian government has finally moved on with the extradition of the crypto scammers Ivan Turõgin and Sergei Potapenko to the United States. Crypto Scammers on the Rampage Ivan Turõgin and Sergei Potapenko are two crypto merchants who were accused of internet fraud which ran to the tune of $575 million per a report from […]
Is Bitcoin’s $42,000 Surge the Start of a Bullish Wave?
Bitcoin’s price has soared past the $42,000 mark, an event that has not been witnessed in over a week. This surge, marking a more than 5% increase in the past 24 hours, raises questions about the future trajectory of the world’s largest digital asset by market capitalization. However, at press time, BTC was trading at […]
Cardano (ADA) Jumps 8% as Multiple Upgrade Hits the Ecosystem
Different Cardano Upgrades have been implemented thus far over the past year and these improvements are likely triggering an 8% surge in the price of its native coin, ADA. The Mithril and Hydra Upgrades As part of the Cardano upgrade, the Hydra team made significant progress with version 0.15.0, which they are currently working on. […]
Top 3 Cryptos To Buy Today January 26: BTC, ETH, BONK
Investors are considering their stance on the crypto market going into the weekend after a bullish wave triggered modest increases across the board on Friday. Bitcoin price settled above $41,000 up 5.5% in 24 hours while Ethereum ticked up by 4% to $2,277, CoinGecko revealed. Solana-built meme coin BONK exploded in double-digits to trade at […]
CFTC Reveals Alarming Rise in AI-Fueled Crypto Scams
The Commodity Futures Trading Commission’s Office of Customer Education and Outreach (OCEO) has raised an alarm over the growing number of Artificial Intelligence (AI) scams in the investment sector. The notice, titled “Customer Advisory: AI Won’t Turn Trading Bots into Money Machines,” aims to caution the public about fraudulent schemes that misuse AI technology to […]
Binance and SEC Dispute Escalates Over Evidence Production
In the ongoing legal confrontation between Binance and the United States Securities and Exchange Commission (SEC), recent court documents have highlighted a significant escalation. The dispute centers on the production of evidence and witness depositions, with both parties presenting contrasting stances on the scope and nature of the investigation. Intensifying Legal Battle Over Discovery The […]
Grayscale Moves Fresh Batch of 9,995 BTC to Coinbase Prime
Grayscale Investment’s Bitcoin (BTC) is on the move again with the transfer of close to 10,000 BTC to its GBTC custodian Coinbase Prime. Another Grayscale Bitcoin Deposit Detected Data from blockchain analytics platform Lookonchain shows that a total of 9,995 units of flagship cryptocurrency worth $410.9 million was deposited to Coinbase Prime. This is one […]