Bitcoin rally to $68.4K may have been the Uptober top — Here’s why

We’re living today “amidst an explosion of risk related to fraud, money laundering, terrorist financing, and data privacy,” said United States Treasury Secretary Janet Yellen in February — and she specifically cited cryptocurrencies as a “tool to finance terrorism.”Yellen appeared to be flagging an important new turn in the war against terror, and it begged…

The popular humanoid robot will become the first artificially intelligent being to create nonfungible token-based artworks. 3213 Total views 19 Total shares The booming nonfungible token space is about to experience another expansion, with Sophia the Robot set to auction its own NFT digital artwork.According to an announcement on Monday, the social humanoid robot will…

There is a significant worldwide contrast in household electricity expenses for individual Bitcoin (BTC) miners. While producing one Bitcoin in Italy costs $208,500, in Lebanon, it’s roughly 783 times cheaper, according to a recent report.Published on Aug. 17, CoinGecko’s report revealed that only 65 countries are profitable for solo Bitcoin miners, based solely on household electricity costs.…

Roni Cohen-Pavon, Celsius’ former chief revenue officer, has pleaded guilty to four criminal charges and will be free on bail until a Dec. 11 sentencing hearing. 103 Total views 1 Total shares Roni Cohen-Pavon, the former chief revenue officer of cryptocurrency lending firm Celsius, has reportedly pleaded guilty to charges related to fraud and price

The Italian Red Cross is now seeking Bitcoin (BTC) donations to purchase emerging medical equipment after its first-crypto initiative surpassed its goal within three days.On March 12, Italy’s Red Cross launched a BTC fundraising campaign to purchase an advanced medical post for pre-triaging coronavirus cases. Red Cross crypto fundraiser surpasses target in three daysJust three days…

Swiss crypto broker Bitcoin Suisse has applied for banking and securities dealer licenses from Switzerland’s finance regulator, the company confirmed in a press release on July 16. Bitcoin Suisse, which forms part of the country’s Crypto Valley Association, said it had submitted requests to the Swiss Financial Markets Supervision Authority (FINMA).The reason, it said, was in…

A rumor suggesting that FTX CEO Sam Bankman-Fried has been arrested is circulating on social media. 875 Total views 9 Total shares The crypto community continues to be bombarded with rumors and conspiracy entering into the fifth day of FTX's fall.From reports that Sam Bankman-Fried (SBF) was arrested on the tarmac at the Bahamas airport…

For much of its life, Bitcoin (BTC) has been viewed mainly as a speculative financial instrument, but El Salvador’s dramatic move in making BTC a legal tender is a reminder that cryptocurrencies can play a role in uplifting the world’s less-well-off citizens.Two surprising facts emerged on the global stage at the start of June: First,…

"There are a handful of pilots who like crypto, but I am probably one of the ones who has been around long enough and I am quite comfortable with how it works," said Landon Cassill. 125 Total views 2 Total shares Landon Cassill, a professional race car driver in NASCAR’s Xfinity Series, will be receiving…