Former Celsius CEO to return to court on Nov. 13
Judge John Koeltl ordered Alex Mashinsky and prosecutors to appear in court on Nov. 13 to address the former Celsius CEO’s motion to dismiss fraud and market manipulation charges.
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Sub $30K Bitcoin price sell-off would require panic ‘to a large degree’
Market analysis suggests that for Bitcoin to start knocking on the door of a sub $30,000 Bitcoin, sellers would “need to panic out to a large degree.” 1371 Total views 41 Total shares Order books, essentially the list of orders that a trading outlet implements to show the interest of buyers and sellers, show considerable…

Bitcoin acts like ‘store of value that it is’ amid Trump policy chaos: NYDIG
Bitcoin’s decoupling from traditional risk assets is “still very early and fragile,” but the shift is “palpable,” says NYDIG’s Greg Cipolaro. 464 Total views 2 Total shares Bitcoin is starting to act as a store of value during times of “US-risk-off” sentiment, marking a potential shift in its relationship with traditional assets, according to the

The Pope and US regulators warn about AI risks: Law Decoded
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 head of the Catholic Church — warned humanity of AI’s potential dangers and explained what

Online digital music retailer Beatport accepts Bitcoin for songs
Beatport will accept Bitcoin as a payment method starting this July and is launching an NFT range in the meantime. 2143 Total views 17 Total shares Beatport, a digital music portal for DJs and musicians, announced this week that it would begin accepting Bitcoin (BTC) as a means of payment on its website. Beatport hosts…

MiCA regulation poses ‘systemic risk’ to banking system, says Tether CEO
According to Tether CEO Paolo Ardoino, recently approved MiCA regulations threaten both banks and stablecoin issuers.

Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property
"Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report. 369 Total views 16 Total shares Investment banking giant Citigroup has released research on how property technology could affect the housing market, mentioning virtual estate in the metaverse and cryptocurrency-backed…

We Totally Misunderstood Blockchain
The fad is dying. A recent CB Insights report that was cited Bloomberg announced a 60% decline in blockchain startup investments this year, down to $1.6 billion. But at the same time, large enterprises such as Microsoft, Walmart, IBM and Samsung have either deployed their own blockchains or joined partnerships to use the technology. Ironically,…

Metaverse pioneer and movie VFX team unite for blockchain project
Wētā Workshop is known for its special effects work on movies like The Lord of the Rings and The Hobbit.