A Bloomberg analyst reported the percentage of energy used for Bitcoin mining coming from renewable sources had exceeded 50% due in part to miners fleeing China’s ban. Source …
Dueling Digital Dollar Bills Debated in Congressional Hearing on U.S. CBDC
The idea of a digital dollar in the U.S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes …
Continue Reading about Dueling Digital Dollar Bills Debated in Congressional Hearing on U.S. CBDC →
Alibaba launches its ChatGPT-like AI model for public use amid loosening restrictions in China
The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems. Source …
First Mover Americas: Binance.US CEO Departs as Company Cuts 1/3 of Workforce
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source …
CoinEx exchange drained of $27M worth of crypto in suspected hack
A CoinEx hot wallet transferred $27 million of various tokens to a wallet with no previous history in what the exchange’s team has referred to as “anomalous withdrawals." Source …
Continue Reading about CoinEx exchange drained of $27M worth of crypto in suspected hack →
Thai authorities arrest 5 in 3,200-victim, $27M crypto scam
Victims lost over $27 million worth of Thai baht after investing in a fraudulent cryptocurrency investment platform. Source …
Continue Reading about Thai authorities arrest 5 in 3,200-victim, $27M crypto scam →
Ripple lawyer calls SEC’s latest filing “hypocritical pivot”
Stuart Alderoty highlighted that Gensler had requested an urgent appeal despite asserting that crypto regulations and rules were clear and must be adhered to by the industry. Source …
Continue Reading about Ripple lawyer calls SEC’s latest filing “hypocritical pivot” →