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Increasing Hash Rate Indicates Miners' Confidence near the Halving; Leading Miner Hut 8 Holds BTC
October 10, 2023
Overview As the forthcoming 2024 halving for Bitcoin approaches, recent data sheds light on interesting trends. The primary Bitcoin network health indicator, the hash rate, is exceeding 400 exahashes per …
Read moreBillionaire Paul Tudor Jones Voices Concerns for U.S. Fiscal Position Amid Geopolitical Tensions
October 10, 2023
Billionaire hedge fund manager and Tudor Investment Corporation founder, Paul Tudor Jones, has recently expressed significant concerns regarding the current state of the U.S. stock market. Jones emphasized on escalating …
Read moreU.S. Grocery Chain Trader Joe's Files Trademark Lawsuit Against DeFi Platform
October 10, 2023
Well-known U.S. grocery chain, Trader Joe's, has initiated a lawsuit against a cryptocurrency-based Decentralized Finance (DeFi) platform bearing the same name, according to recent U.S. court filings. The grocery chain …
Read moreBankman-Fried's Legal Team Pursues Examination of $200M Alameda Loan Approvals
October 10, 2023
A recent development in Sam Bankman-Fried's ongoing legal predicament reveals his legal team is seeking permission to cross-examine Gary Wang regarding the involvement of FTX lawyers in some questionable Alameda …
Read moreUK's Financial Authority Restricts Binance's Partner from Approving Crypto Ads
October 10, 2023
Following the intensive application of cryptocurrency marketing requirements initiated by the Financial Conduct Authority (FCA) of the United Kingdom, the regulatory body has imposed restrictions on Rebuildingsociety.com, a peer-to-peer lending …
Read moreCrypto Accounts Suspected of Hamas Links Frozen by Israeli Authorities
October 10, 2023
In a bid to prevent digital funding for illegal activities, Israeli authorities have frozen crypto accounts they believe are connected to Hamas. Collaborating with Binance, a leading global cryptocurrency exchange, …
Read moreAlameda Mints $38B USDT and FTX Susceptible to Security Breaches Amid Heavy Losses
October 10, 2023
An analysis of blockchain data by Coinbase director Conor Grogan indicates that Alameda Research, fronted by entrepreneur Sam Bankman-Fried, minted over $38 billion Tether (USDT) tokens during 2021. This volume …
Read moreFriend.Tech Introduces Two-Factor Authentication amid Sim-Swap Attacks
October 10, 2023
In response to recent oppresive SIM-swap attacks on its users, decentralized social media protocol Friend.Tech has launched a two-factor authentication (2FA) feature. It aims to enhance the protection level for …
Read moreBitVM Proposal Unveils Ethereum-Inspired Contracts for Bitcoin
October 10, 2023
Bitcoin developer Robin Linus recently put forth the BitVM proposal, an innovative approach bringing Ethereum-style smart contracts to the Bitcoin network without any requirement for a soft fork. BitVM leverages …
Read moreBitcoin Emerges Dominant as Altcoins Hit New Lows; Analysts Eye a November Rally
October 10, 2023
Recent data indicates a significant shift in cryptocurrency dynamics as Bitcoin's dominance over altcoins, including Ethereum and Binance Coin (BNB), increases significantly. There has been a notable sell-off in all …
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