Cryptocurrency Analysis and News Portal
The largest cryptocurrency by market capitalization was recently trading at around $27,350, down 0.4% in the past 24 hours, according to CryptoX data. BTC dropped below $28,000 on Friday afternoon, part of a two-day slide that followed a week above $30,000. At one point, bitcoin was changing hands near $27,100. Source
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Taylor Swift, a pop icon and 12-time Grammy Award winner, reportedly turned down a $100 million sponsorship offer from the now-bankrupt cryptocurrency exchange FTX due to concerns about unregistered securities. A number of FTX celebrity endorsers are currently facing a class action lawsuit, including Shaquille O’Neal (Shaq), Tom Brady, and
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A researcher at the Ethereum Foundation (EF) revealed that the IP addresses of Ether (ETH) stakers are monitored as part of a broader set of metadata, causing the cryptocurrency community to flag Ethereum for privacy concerns.In an April 12 interview on the crypto podcast Bankless, EF researcher Justin Drake revealed
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The U.S. Central Bank has issued an update regarding the Federal Reserve’s Fednow project, which is scheduled to commence in July. The Fed has responded to recent criticism of the Fednow service and asserts that the Fednow payment network is “neither a form of currency nor a step toward eliminating
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Japan-based decentralized autonomous organization (DAO) Sushi's head chef Jared Grey and his counsel stated that as far as they know, no one associated with Sushi has violated U.S. federal security laws, while providing reassurance that he is cooperating with the United States Securities and Exchange Commission (SEC) subpoena.In an April
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The cryptocurrency market has had a strong start to the year, with Bitcoin (BTC) up 71% and Ethereum (ETH) up 51% since January. Many investors are
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The rise of artificial intelligence (AI) created a wave of concerns about safety and privacy, particularly as these technologies become more advanced and integrated into our daily lives. One of the most prominent examples of AI technology is ChatGPT, an artificial intelligence language model which was created by OpenAI and
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Rollbit says Curaçao authorities are currently engaged in an annual license review, which is why its logo is removed from the site. Source
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Cryptocurrency and technology proponents have recently been discussing a new bipartisan bill called the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT)” Act. In addition to targeting firms such as Kaspersky, Huawei, and Tiktok, opponents of the bill believe one of its provisions will punish
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Texas’ Bitcoin mining industry has shown growth amid turmoil in the crypto industry and concerns over power consumption. Power consumption of Bitcoin miners in the state has risen 75% over the past year. Some counties in the state of Texas have offered tax incentives along with wind and solar energy to miners. A
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