China's central bank announced a number of stimulus measures this week, creating liquidity conditions that analysts believe will help boost bitcoin prices.
AlexKi Young Ju, founder of CryptoQuant, said that Chinese mining pools control 55% of the Bitcoin network hash rate, but the cryptocurrency media believes that the claim of dominance is a key misunderstanding.
MiyukiThe US has acted against two Russian individuals and two crypto exchanges suspected of illicit financing. Named in the investigation are crypto exchanges PM2BTC and Cryptex, along with Sergey Ivanov, Timur Shakhmametov. Authorities are offering up to $10 million for information leading to their arrest.
CatherineApple and Meta have chosen not to join the EU's AI safety pact, despite over 100 companies, including major players like Google and Microsoft, signing it. This decision highlights ongoing regulatory tensions and could impact their ability to launch new AI products in Europe.
WeatherlyBinance founder CZ will be released today, 27 September, two days ahead of schedule, due to his release date falling on a weekend. Will this trigger a rise in BNB’s price?
KikyoDanila Yakovlev, a 19-year-old from Russia, was sentenced to 15 years in prison for donating $54 to a pro-Ukrainian paramilitary group. His small contribution was viewed as treason and terrorism financing under Russia's strict laws.
AnaisSwan Bitcoin is suing ex-staff for allegedly stealing proprietary code to start their own mining venture in a scheme called "rain and hellfire." These ex-executives persuaded Tether to sever ties with Swan, increasing competition in the cryptocurrency market. Swan is now seeking legal action to recover stolen assets and confidential information.
CatherineThe 2024 Miss Korea Pageant faced backlash after asking contestants a controversial question about deepfake technology, which many found inappropriate given the current concerns about its misuse. Critics argue that the organizers missed an opportunity to engage in a meaningful discussion about the impact of AI on beauty standards and human dignity, especially in light of rising deepfake-related crimes in South Korea.
AnaisOn Saturday (September 28), financial website TheStreet reported that as the crypto industry prepares for the 2024 election, there is a growing view that former President Donald Trump’s victory could be good for Bitcoin and the broader digital asset sector.
AlexMark Zuckerberg's venture into the metaverse faced challenges, but it's now paying off. Meta's value has soared to over $1.4 trillion, his net worth has surged to $201 billion, making him the fourth richest person. Could the expansion into the metaverse and AI be driving this success?
Catherine