Source: Adobe Stock In a filing on August 9th in the U.S. District Court for the Southern District of New York, Judge Analisa Torres, who is handling the civil case of the United States Securities and Exchange Commission (SEC) against Ripple Labs, intends to set a jury…

Source: Adobe / Dennizn In a blog post released on August 8, Bitstamp, the oldest cryptocurrency exchange, declared its intention to “permanently” halt trading of certain altcoins for its users based in the United States, starting August 29, 2023. The suspended assets include Axie Infinity (AXS), Chiliz…

Bitcoin / Source: Adobe The Bitcoin (BTC) price is holding within recent ranges to the north of the $29,000 level in the wake of the latest mixed US jobs report for July. The report revealed that the US economy added 187,000 jobs in July, below…

Bitcoin Taking Off / Source: Adobe Could owning one Bitcoin (BTC) make you a millionaire? According to prominent figures in the crypto space like Ark Invest’s CEO Cathie Wood and MicroStrategy executive chairman (and former CEO) Michael Saylor, yes. In a report released by Ark…

Source: GettyImage According to the latest Coinshares Fund Report, outflows into short Bitcoin (BTC) products have ceased for the first time in fourteen weeks. This notable shift in the market suggests that significant digital asset funds are now adopting a different strategy towards the leading cryptocurrency,…

Source: GettyImage According to the latest Coinshares Fund Report, outflows into short Bitcoin (BTC) products have ceased for the first time in fourteen weeks. This notable shift in the market suggests that significant digital asset funds are now adopting a different strategy towards the leading cryptocurrency,…

Source: Adobe The staunchest Bitcoiners, known in industry terms as long-term holders, now control more Bitcoin (BTC) than ever before, new data from blockchain analytics firm Glassnode has revealed. According to the data, the so-called long-term holder supply now stands at 14.599 million BTC, representing 75% of…

Binance Logo / Source: Adobe Binance’s latest proof-of-reserves (PoR) report has come under scrutiny following its depleting USDC reserves after the collapse of Silvergate Bank. The report released on Aug 1 to show transparency in the exchange’s dealings with user assets has sparked arguments across social media…

Bitcoin Logo / Source: Adobe Bitcoin (BTC) is approaching a retest of the psychologically important $30,000 amid a fresh wave of optimism about the likelihood of near-term spot bitcoin Exchange Traded Fund (ETF) application approvals, as well as optimism about crypto’s broader adoption. The world’s…

Inflation has trended downward since it hit 9.1% last June, but the Fed’s target of 2% is the ultimate goal. Cryptocurrency prices held steady on Thursday despite a widely-watched inflation gauge that showed a resurgence in inflation. The Consumer Price Index (CPI) rose 3.2% in the 12 months through…

Changpeng Zhao. Source: A video screenshot, Youtube/Entrepreneur ME Changpeng Zhao (CZ), CEO of the world’s largest crypto exchange, has said he might support Elon Musk in his planned $44 billion buyout of Twitter as the US reportedly weighs security review for the deal. When asked…

mage Source: Pixabay Google has invested approximately $300 million in artificial intelligence start-up Anthropic, whose biggest investor is Alameda Research, the crypto hedge fund of disgraced crypto boss Sam Bankman-Fried. According to a Friday report from the Financial Times, Google invested around $300 million in Anthropic…

Source: AdobeStock / dvoevnore Microsoft has discontinued its Industrial Metaverse Core team, a four-month-old project aimed to encourage the use of the metaverse in industrial environments. According to a Thursday report by The Information, the tech giant has also laid off employees working on the project, which amounts to…

Image Source: Pixabay Hackers and cybercriminals have been targeting crypto investors with two new malware threats that scout the internet for unwary investors to steal their funds. According to a recent report by anti-malware software Malwarebytes, two new cybersecurity threats, which include recently discovered MortalKombat ransomware and…

Image Source: Pixabay YouTube’s new CEO Neal Mohan has expressed optimism about the integration of new technologies into the video sharing platform, including NFTs, metaverse, and blockchain. Mohan, who has recently replaced Susan Wojcicki as the new CEO of YouTube, said Web3 “opens up new…

mage Source: Twitter / @oncyber Web3 metaverse platform Oncyber has unveiled its AI-powered tool that allows users to customize their virtual environments via text commands. Called Magic Composer, the new tool is powered by OpenAI’s GPT-3.5 model and uses text prompts to implement real-time tweaks…

Source: AdobeStock / dvoevnore Microsoft has been quietly testing a built-in non-custodial cryptocurrency wallet for its Edge browser. According to screenshots shared by software researcher Albacore, Microsoft is experimenting with a built-in non-custodial crypto wallet that can be used for crypto payments or as a…

Image Source: Pixabay Chinese autonomous vehicle startup Pony.ai has introduced its driverless robotaxi service in Shenzhen. On Monday, the autonomous vehicle technology company revealed that it has received a permit in Shenzhen to conduct robotaxi services without an onboard safety officer in the city’s core…

Image Source: iStock The Federal Bureau of Investigation has issued a stark warning about the growing threat of “deepfakes” being used in cyber extortion. In a recent report, the FBI said that malicious actors are using deepfakes to manipulate photographs or videos, often obtained from social media…

The announcement of PayPal’s PYUSD has sparked a wave of imposter tokens on Uniswap, exploiting the hype. Showing that crypto doesn’t sleep, several imposter tokens using the PYUSD ticker have already appeared on the decentralized exchange, Uniswap, hoping to cash in on the hype around…