Robinhood Crypto Settlement: $3.9M for Withdrawal Issues
Robinhood’s cryptocurrency division has agreed to pay a $3.9 million settlement. Following accusations that it prevented customers from withdrawing their digital assets over a span of four years. The California Department of Justice announced this settlement on Wednesday. Marking its first public enforcement action against a crypto firm under its consumer protection mandate. Let’s understand […]
Toncoin Market Challenges: Legal and Technical Hurdles
Toncoin, the cryptocurrency powering The Open Network (TON), dipped below $5 this Tuesday, marking a four-month low. The decline followed the recent arrest of Telegram founder and CEO Pavel Durov in France. Casting a shadow over the Telegram-linked cryptocurrency. Despite TON’s operational separation from the messaging app. Its deep roots with Durov and its role […]
OpenAI Strawberry Orion Release: Pioneering Next-Gen AI
OpenAI is on the brink of releasing two highly anticipated models, codenamed Strawberry and Orion, poised to push the boundaries of artificial intelligence. These projects are designed to enhance AI’s reasoning, problem-solving, and language processing capabilities. Nudging closer to the elusive goal of artificial general intelligence (AGI). Project Strawberry: Advancing AI Reasoning Strawberry, initially known […]
Navigating Bitcoin ETF Withdrawals Amid Economic Shifts
Last week, investors rapidly withdrew cash from Bitcoin exchange-traded funds (ETFs), signaling a shift in market sentiment. According to a recent report by CoinShares, notable Wall Street entities like Fidelity and ARK Invest saw a collective outflow of $319 million from their Bitcoin-focused funds. In contrast, short Bitcoin investment products—those betting on the digital currency’s […]
Metaplanet Bolsters Bitcoin Strategy with SBI Partnership
Metaplanet, a leader in Bitcoin consulting and strategy in Japan, has forged a significant partnership with SBI VC Trade. The cryptocurrency-focused division of the SBI Group. This collaboration is poised to enhance Metaplanet’s corporate Bitcoin holdings and integrate more sophisticated financial strategies into its operations. Enhanced Custodial and Financial Services Through this partnership, Metaplanet will […]
Crypto Market Trends: Bitcoin Dips Below $59K
During the early trading hours in Europe on Friday, Bitcoin (BTC), the leading cryptocurrency by market capitalization, experienced a brief dip below the $59,000 mark, signaling a moment of volatility in the digital asset market. It touched a low of $58,688 before making a modest recovery to $59,450, marking a decrease of 0.7% over the […]
Intraverse September Fest: NFT World Cup Kicks Off
Intraverse is set to revolutionize the gaming and NFT landscape with the September Fest edition of the NFT World Cup. Supported by a generous $24,000 grant from the Consumer Crypto Grants by Thrive Polygon. This event, running from September 2nd to 13th, promises to bring together an exciting mix of technology, gaming, and digital artistry. […]
August Crypto Losses: Immunefi Report Highlights Security Wins
The cryptocurrency sector witnessed a substantial decrease in losses from hacks and fraud in August, with total losses amounting to just $15,082,000 across five incidents, according to a recent report from security platform Immunefi. This figure represents the lowest monthly total for the year and a dramatic 94.5% decrease from July’s figures. Details of the […]
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