The head of the Catholic Church warned humanity of AI’s potential dangers and explained what needs to be done to control it. Nowadays, everyone has an opinion on artificial intelligence (AI) and its potential risks. Even Pope Francis — the…
Kategorie: Crypto Flash News
Revolut Business reportedly cuts crypto services ahead of new rules
The neobank will halt crypto purchases by businesses while it sorts out new ad requirements. Neobank Revolut will temporarily halt cryptocurrency purchases on its business platform in the United Kingdom at the beginning of the new year, according to a…
Price analysis 12/18: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, AVAX, DOGE
Bitcoin may remain under pressure for a few days, but a collapse is unlikely as traders are expected to buy the dips in anticipation of a spot Bitcoin ETF. The S&P 500 Index (SPX) rose 2.49% last week, extending its…
Bitwise launches crypto ETF media campaign with ‘The Most Interesting Man in the World’
The ad spot came as the U.S. SEC is looking at multiple spot crypto exchange-traded fund applications from asset managers. Actor Jonathan Goldsmith, who appeared as “The Most Interesting Man in the World” in an advertising campaign for Dos Equis…
Former Lido holder files class action lawsuit against Lido DAO for crypto losses
The investor claimed that 64% of Lido tokens are controlled by just a few venture capital firms, preventing ordinary investors from having any control over decisions. A Lido holder initiated a class-action lawsuit against the governing body for liquid staking…
Unofficial Arweave forking plans draw community controversy
A hard fork proposed by Arweave’s largest layer-2 solution, Irys, is allegedly in the making. Irys, a prominent layer-2 network within the Arweave ecosystem, allegedly has plans to fork the Arweave network with the intent to “drop the dataset and…
EU Commission targets X over ‘dissemination of illegal content’
X owner Elon Musk told advertisers to “go f— yourself” on Nov. 29 after many left the social media platform in response to antisemitic content and a report on hate speech. The European Commission said it had opened formal proceedings…
Warren’s surveillance legislation is tailor-made to help big banks
Warren’s Digital Asset Anti-Money Laundering Act would shut crypto providers down — playing into the hands of the banking industry. It seems that every time Massachusetts Senator Elizabeth Warren fails to get an anti-crypto bill passed, she introduces a new…
Bitcoin miner Cipher buys 37K Bitmain Antminers for $99.5M
The new crypto-mining equipment to be bought by Cipher is expected to deliver 7.1 EH/s of self-mining capacity by the first half of 2025. Publicly traded Bitcoin (BTC) mining firm Cipher Mining (CIFR) is scaling operations with a new mega-purchase…
Ripple, Coinbase, a16z invest $78M in pro-crypto PAC ahead of US elections
Prominent cryptocurrency companies and investors intend to support pro-cryptocurrency candidates during the 2024 U.S. election cycle. Ripple CEO Brad Garlinghouse has publicly announced the company’s intent to support “pro-crypto” candidates during the 2024 United States election season. The company is…