Crypto news

[unable to retrieve full-text content]CoinspeakerBernstein: Bitcoin Mining Is Game of Nerves, Might See AI Diversification Bernstein believes that going ahead only big players would be able to survive as mining costs continue to rise. Bernstein: Bitcoin Mining Is Game of Nerves, Might See AI Diversification

[unable to retrieve full-text content]CoinspeakerJPMorgan: Bitcoin ETF Approval by SEC Won’t Revolutionize Crypto The report acknowledges that physically-backed Bitcoin ETFs offer certain advantages over futures-based funds. JPMorgan: Bitcoin ETF Approval by SEC Won’t Revolutionize Crypto

[unable to retrieve full-text content]CoinspeakerSamsung Predicts 96% Profits Loss in Q2 2023 The executive director of Daiwa Securities Capital Markets SK Kim said that Samsung may benefit from the US demand. Samsung Predicts 96% Profits Loss in Q2 2023

[unable to retrieve full-text content]CoinspeakerShibarium Layer 2 Blockchain Set to Launch in August, Says Shiba Inu Lead Developer In addition to launching Shibarium in August after the blockchain conference, Shiba Inu would likely provide more information on ecosystem projects. Shibarium Layer 2 Blockchain Set to Launch in August, Says Shiba Inu Lead Developer

[unable to retrieve full-text content]CoinspeakerFBI Reportedly Raid Kraken Founder Jesse Powell’s House Over Cyberstalking Accusations The Kraken founder is not the first public figure in the crypto industry to be investigated by federal authorities. FBI Reportedly Raid Kraken Founder Jesse Powell’s House Over Cyberstalking Accusations

Bitcoin cash is eyeing a fresh rally above the $300 resistance against the US Dollar. The price is now trading above the $260 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $289 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $290 and $300 to continue higher in the near term. Bitcoin cash price is consolidating gains above $260 against the US Dollar, unlike...

A slew of senior executives at Binance are reportedly fleeing en masse as the company grapples with a massive lawsuit from the Securities and Exchange Commission (SEC) and a Justice Department investigation into its CEO Changpeng Zhao (CZ). One executive – former Chief Strategy Officer Patrick Hillman – has already confirmed his departure. Chaos In Binance’s Ranks? A report from Fortune on Thursday claimed that general counsel Han Ng and SVP for Compliance Steven Christie...

Gauntlet, a decentralized finance (DeFi) risk management entity, seems to be facing some backlash on its latest proposal on the Aave governance forum after it was accused of fixing in elements of a previous one that was voted down by the community. The proposal in question seeks to mitigate the risks regarding a loan tagged to Curve Finance founder Michael Egorov. Egorov’s $64 Million Loan Draws Attention Again A member of the Aave community, Marc Zeller, opposed one proposal...

Cryptocurrency exchange Bitfinex has recovered some of the funds it lost after being hacked in August 2016. The recovered assets will be used to compensate holders of the exchange’s Recovery Right Tokens (RRTs), which were issued to impacted creditors after the security breach. How Much Was Recovered? As announced by Bitfinex on Thursday, the United States Department of Homeland Security (DHS) has returned $312,219.71 in cash and 6.917 in Bitcoin Cash (BCH) accumulated from...

OpenAI has disabled Browse With Bing, the internet surfing feature available to ChatGPT Plus users.  In a tweet thread, OpenAI reasoned that the Browse feature can occasionally produce results in a manner that it doesn’t want it to. Straying Into Protected Content   “We’ve learned that ChatGPT’s “Browse” beta can occasionally display content in ways we don’t want, e.g. if a user specifically asks for a URL’s full text, it may inadvertently fulfill this request. We are...