EU Council reaches agreement on supercomputer use for AI development

Bitcoin’s (BTC) recovery is facing stiff resistance near $48,500, indicating that bears are active at higher levels. By combining the popular stock-to-flow Bitcoin price model and the illiquid supply data, analyst William Clemente projects $39,000 to act as a strong floor on any declines.On the upside, analysts remain bullish. Bloomberg Intelligence chief analyst Mike McGlone has…

Riot Blockchain’s lawsuits dismissed by a New Jersey judge, ending a 2 year lawsuit alleging the mining firm misled shareholders. 1444 Total views 37 Total shares New Jersey District Judge, Freda Wolfson, granted seven motions of dismissal that ended a lawsuit targeting crypto mining firm, Riot Blockchain, on April 30.The plaintiffs claimed that Riot had…

The cryptocurrency exchange's DeFi wallet and Pay service launched a new update adding support for more countries and tokens. 96 Total views 1 Total shares Singaporean cryptocurrency exchange Crypto.com recently launched an update to its DeFi wallet service enabling support for fiat-to-crypto purchases in more countries and three new tokens. In a blog post published on…

Complimenting the new hash rate ATH of 231.428 ExaHash per second, Bitcoin’s network difficulty stands at a strong position of 30.283 trillion. 563 Total views 7 Total shares Bitcoin (BTC) hash rate, a network security measure based on computing power for mining, achieved a new all-time high (ATH) of 231.428 ExaHash per second (EH/s) amid…

Coin Center — a nonprofit research and advocacy center focused on crypto-related public policy issues — has urged Her Majesty’s Treasury not to over-broaden the scope of the United Kingdom’s anti-money laundering/counter terrorism financing (AML/CFT) regulations.The development was revealed in an official Coin Center news release published on June 10.Coin Center’s central concern regards HM…

Cryptocurrency exchange Bitfinex in conjunction with EOSFinex, its decentralized trading platform, have announced that they had successfully completed a “chainswap” to convert $5 million worth of Tether (USDT) stablecoins onto the EOS blockchain protocol.According to a press release shared with Cointelegraph on Oct. 5, this way the companies aim to “provide the EOS DApp ecosystem…

The regulator alleges that Prager issued two audit reports for FTX between February 2021 and April 2022 that falsely represented auditing standards. 

Data from Messari shows that over the past 30-days the majority of tokens listed on the site’s DeFi Assets index have rallied by more than 20%. A few standouts like Maker (MKR) Synthetic (SNX) and SushiSwap (SUSHI) gained more than 100% during the same time frame. DeFi assets index. Source: Messari.ioFrom Jan. 1 to Jan. 9,…

BitGo has accused Galaxy of “improper repudiation” and “intentional breach” of the merger in a lawsuit filed with Delaware Chancery Court. 324 Total views 8 Total shares Digital asset custodian BitGo has filed a lawsuit against Mike Novogratz’s cryptocurrency investment firm Galaxy Digital for terminating the former's acquisition.BitGo took to Twitter on Tuesday to disclose…