Atomic Wallet Facing $100M Crypto Hack Lawsuit
Atomic Wallet Class Action: 50 Investors Claim $12 Million Loss Dozens of high-net worth investors from Russia and the Commonwealth of Independent States have joined forces in a class action…
Miners Ignore BTC Price Dip as Bitcoin Difficulty Jumps 6% to New Peak
The latest in AI data confirms that the Bitcoin (BTC) network fundamentals are not following the bearish BTC price action this week. The difficulty has hit new all-time highs, with…
Exploring the Financial Risks of Crypto in Emerging Markets: BIS Papers
Cryptocurrencies and Financial Risks in Emerging Markets The Bank for International Settlements (BIS) has published a study that claims cryptocurrencies such as Bitcoin (BTC) have not reduced but rather “amplified…
FTX’s Sam Bankman-Fried Pleads Not Guilty to Fraud Charges – Latest in AI
Fraud and Money Laundering Charges Against SBF Sam “SBF” Bankman-Fried, the former CEO and co-founder of crypto exchange FTX, has been accused of fraud and money laundering, according to an…
Bitcoin Analyst Predicts V-Shape Bounce As RSI Hits 5-Year Low
On Aug. 22, Bitcoin (BTC) refused to follow the trend and $26,000 became a focal point for its intraday price action. Are We in Web 3.0? AI Generated Stories, Images,…
Stellar Joins Bytecode Alliance to Develop Wasm and AI-Powered EVM Alternative
The Stellar Development Foundation and WebAssembly The Stellar Development Foundation has recently joined the Bytecode Alliance, an industry group that is actively promoting the development of WebAssembly (Wasm). Wasm is…
How BlackRock Could Lose from a Bitcoin Price Crash Before an ETF
Whenever the price of Bitcoin (BTC) takes a sudden and steep plunge, numerous theories arise. These include government regulations, the possibility of exchanges manipulating prices, Bitcoin whales manipulating prices, over-leveraged…
Binance Labs Invests in ZK-Proof Web 3.0 Infrastructure Developer
What Is Web 3.0? Zero-knowledge proof technology is gaining traction as Binance Labs recently invested in Delphinus Lab’s ZK-proof-powered infrastructure. Binance’s venture capital arm has injected $2.2 million into the…
Bitcoin’s Bull Cycle – Metrics Pointing to 70% Gains
The Realized Cap HODL Waves (RHODL) metric of Bitcoin (BTC) that accurately predicted the 2022 bear market has indicated that its uptrend is still intact. On Aug. 22, the creator…
South Korean City Seizes Crypto from Tax Evaders: Latest AI Technology Report
Using Crypto to Conceal Assets in South Korea The South Korean city of Cheongju, the capital of North Chungcheong province, is taking steps to confiscate cryptocurrency from local tax delinquents….