A Chinese court concluded a case involving a dispute over a virtual currency investment entrustment contract. The platform ran away, resulting in the investor being unable to recover millions of dollars, and it was ruled that the investor should bear the losses himself.
AlexLegendary trader Arthur Hayes said that if there is an economic recession in the United States, the Federal Reserve will increase its money printing efforts, thus driving Bitcoin to surge.
MiyukiBloomberg's senior ETF analyst, Eric Balchunas, predicts that Satoshi Nakamoto may lose his status as Bitcoin's largest holder by Halloween, a revision from his earlier estimate of late 2024. Satoshi is believed to hold around 84% of his original Bitcoin holdings.
KikyoThe Royal Malaysia Police dismantled a crypto scam ring targeting Japanese citizens, arresting 21 individuals who used luxury bungalows and social media apps to deceive victims. The operation involved sophisticated tactics, including using dating apps to lure investors and a commission-based payment system for the scammers.
AnaisSony BSL launched the "Soneium Minato" public testnet for Ethereum Layer-2 developers and introduced the "Soneium Spark" incubation programme for Web3 developers, creating a comprehensive ecosystem for innovation on the platform.
CatherineThis article introduces 11 spot Bitcoin ETFs approved in 2024 to help investors choose suitable investment tools and easily enter the cryptocurrency market.
AlexMeta Spark will shut down on January 14, 2025, ending its platform for third-party AR creation and removal of user-generated AR content from Instagram, Facebook, and Messenger. Meta is shifting its focus to AI and the metaverse, leaving AR developers to find new platforms like Snapchat's Lens Studio or Unity.
WeatherlyTelegram CEO Pavel Durov is under investigation in Switzerland for alleged child abuse, following a complaint by his former partner, Irina Bolgar. These accusations, involving unpaid child support and custody issues, surfaced after his recent arrest in France. Durov is out on $5.5 million bail but remains under judicial supervision.
CatherineThe SEC issued a Wells notice to OpenSea, claiming certain NFTs on its platform may qualify as securities, marking a significant regulatory shift towards the NFT sector. OpenSea’s CEO, Devin Finzer, responded by defending the creative freedom of artists and announcing a $5 million legal fund to support NFT creators.
WeatherlyChinese hackers are suspected to have exploited a zero-day vulnerability in Versa Director, software used by ISPs to secure networks, compromising several internet companies in the US and abroad.
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