Kucoin agrees to ban New York residents and pay $22 million in settlement
Kucoin users from New York will lose the ability to trade within 30 days and will have their accounts closed within 120 days. Crypto exchange Kucoin has agreed to pay…
Deepfake K-Pop porn, woke Grok, ‘OpenAI has a problem,’ Fetch.AI: AI Eye
AI Eye: 98% of deepfakes are porn — mostly K-pop stars — Grok is no edgelord, and Fetch.AI boss says OpenAI needs to “drastically change.” AI image generation has become…
‘Take some rest and GO’ — Bitcoin price copies 2020 bull run fractal
Bitcoin is nowhere near done with its bull market, should a chart fractal from several years ago continue to play out. Bitcoin (BTC) should not worry traders after the biggest…
Coinbase co-founder Fred Ehrsam sells $13 million COIN shares as ARK continues to divest
Major Coinbase shareholders have sold over $14 million of stocks over the past 48 hours. According to public trading data, Coinbase co-founder Fred Ehrsam and ARK Invest have sold more…
Bitcoin’s water consumption: A new environmental threat?
New studies have examined the water consumption of Bitcoin, with alarming results. Bitcoin, the world’s leading cryptocurrency, has long been under scrutiny for its environmental impact due to the energy-intensive…
Elizabeth Warren Introduces Bill To Crack Down On Crypto’s Illicit Use
U.S. Senator Elizabeth Warren introduced legislation to crack down on the misuse of cryptocurrencies in activities including money laundering, sanctions evading, funding illegal weapons programs Go to Source
AI guidance for judges in England and Wales warns against risks
Senior judges in the U.K. have published AI guidelines for the judiciary to follow, which advise how to use AI and warn of the potential risks of using the technology…
Dubai awards conditional crypto license to climate-friendly Web3 firm
AYA is a climate-focused launchpad that supports innovations around sustainability, such as reforestation, nature credits, mangrove conservation and sustainable agriculture. Dubai’s Virtual Assets Regulatory Authority (VARA) granted a conditional license…
Buy the dip, sell the rip? BTC price levels to watch as Bitcoin taps $42K
Bitcoin preserves $40,000 as support and bounces higher as traders eye the impact of “institutional sized” moves on BTC price. Bitcoin (BTC) faces an uphill struggle to reignite its uptrend…
Bitcoin dev denies adding inscriptions to National Vulnerability Database
Bitcoin core developer Luke Dashjr said he played no part in flagging Bitcoin inscriptions as a cybersecurity threat with the NVD, as the listing received a “5.3 Medium” severity score.…
IRS tax bill will swipe creditors of any ‘meaningful recovery,’ says FTX
FTX Trading said the firm “never earned anything anywhere near the amount” that would justify a $24 billion tax bill. A proposed $24 billion tax bill from the United State…
Avalanche was ‘undervalued’ before posting 79% weekly gain: Analysts
AVAX surged while other tokens plunged, with analysts pegging its outperformance on being relatively undervalued while forging new partnerships with JPMorgan and Citi. Avalanche (AVAX) appears to be one of…
Don’t panic: Only 11 of 330 Elizabeth Warren’s bills have ever passed
Support for the Digital Asset Anti-Money Laundering Act is growing in Congress, but most bills sponsored by legislators never become law. Senator Elizabeth Warren’s crypto Anti-Money Laundering bill has been…
El Salvador’s Volcano Bond gets regulatory approval, targets Q1 launch
The Volcano Bond was approved by the country’s Digital Assets Commission on Dec. 11, with issuance expected in Q1, 2024. El Salvador’s long-anticipated Bitcoin bonds, also known as “Volcano Bonds”…
Is the Bitcoin price dip toward $40K a bear trap?
Bitcoin’s sharp price drop from $44,000 has all the makings of a buy-the-dip scenario after leveraged longs get flushed out. Bitcoin (BTC) price finally witnessed a significant 7% pullback on…