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Michigan’s Pension Fund Allocates $10M To Ethereum...

November 5, 2024

On Monday, the State of Michigan revealed substantial investments in cryptocurrency exchange-traded funds (ETFs) for Bitcoin and Ethereum in a 13F filing with the US Securities and Exchange Commission (SEC). This strategic move marks a significant step for institutional investment in digital assets, as the Michigan Retirement System manages approximately $144 million in pension fund assets for state employees. Michigan Becomes First State Pension Fund To Invest In Ethereum ETF The Michigan Retirement System disclosed an investment of over...

A16z Crypto Donates Nearly $30 Million Ahead...

November 5, 2024

As the political landscape shifts in anticipation of the upcoming midterm elections in 2026, major players in the crypto industry are making significant financial commitments to support candidates who advocate for favorable regulatory changes. Notably, venture capital firm Andreessen Horowitz, better known as a16z, has pledged more than $23 million to the political action committee Fairshake and its affiliates, with the goal to bolster crypto-friendly candidates even before the dust settles from the current electoral cycle. Fairshake PAC Champions...

Crypto Funds Hit All-Time High Inflows of...

November 5, 2024

This year has seen a major surge in inflows for crypto investment products, hitting an annual record of $29.2 billion, as revealed by a recent report from CoinShares. Weekly net inflows for the past week alone reached $2.18 billion, driven by various market factors and influenced significantly by the political climate in the United States. Bitcoin Leads In Inflows, US Funds Dominate Market CoinShares’ report highlighted that the substantial inflows, combined with price increases across major cryptocurrencies in recent...

No Comeback: Binance Founder CZ Says He’s...

November 5, 2024

Binance founder Changpeng Zhao, or “CZ,” is back in the limelight after serving four months in jail. One of Zhao’s first public appearances was at the Binance Blockchain Week conference, where he discussed his experience, future plans, and current relationship with the exchange he founded. In a podcast, Zhao shared his experiences while outside the public eye. For Zhao, what he missed the most was human connections. It can be remembered that the Binance founder was charged with violations...

Largest European Telecom Begins Bitcoin Mining Using...

November 4, 2024

Deutsche Telekom, Europe’s largest telecommunications provider, has announced a pioneering pilot project to operate Bitcoin mining infrastructure using surplus renewable energy. The initiative is a collaboration between Deutsche Telekom subsidiary MMS and Bankhaus Metzler, aiming to utilize excess electricity that would otherwise remain unused due to grid limitations or lack of storage solutions. Deutsche Telekom Starts Bitcoin Mining With the increasing integration of renewable energy sources like wind and solar into the power grid, energy production has become more...

Bitcoin 2.0? Craig Wright’s TerraNode Pitches A...

November 4, 2024

An Australian entrepreneur could become a key contributor to the future of Bitcoin by transforming the coin into a tool that will push for economic inclusivity around the world. Craig Wright is looking at building a global payment system on the back of the cryptocurrency, turning BTC into a medium for international transactions. Harnessing Bitcoin Wright, who is also a computer scientist, aims to create a technology that would enable him to scale up Bitcoin with the help of...

SOL And ETH Stolen! Metawin Crypto Casino...

November 4, 2024

The latest crypto high-profile platform to be targeted by the bad guys is Metawin. According to reports, hackers broke into the withdrawal system of the crypto site and stole more than $4 million worth of digital assets. Metawin’s CEO has confirmed the security breach as the casino immediately stopped all its payment requests. One crypto user reported that the hacker has moved funds to the HitBTC nested service and KuCoin. The user also found out that there are approximately...

Paxos Launches U.S. Dollar Stablecoin: ‘Global Dollar’

November 1, 2024

SHARE THIS STORY Global Dollar will comply with the framework from the Monetary Authority of Singapore (MAS). Blockchain platform provider Paxos has introduced a U.S. dollar-backed stablecoin, Global Dollar (USDG), that will comply with the upcoming stablecoin framework from the Monetary Authority of Singapore (MAS), Singapore’s central bank and integrated financial regulator. Paxos Digital Singapore Pte. Ltd. is the issuer of USDG and is regulated by MAS officials. “Paxos’s affiliate, Paxos Global Pte. Ltd., will partner with global exchanges,...

The page you're looking for is not...

October 31, 2024

About Us We centralise cryptocurrency news, information & trends. Scouring the net 24/7 & archiving huge amounts of data, we hope to help bring all your cryptocurrency research into one, easy to use site. Whether you’re a hardcore cryptocurrency trader, or a hobbyist, we hope to give you all the latest cryptocurrency information at your fingertips. Our army of bots scraping the web every 2-5 can save you hours, allowing you to get on with life and spend more...

Exploring the ethics of AI in banking

September 23, 2024

Despite AI’s business transformation potential, what are some key ethical considerations banks and fintechs must consider when planning AI implementations? What can we expect from the regulators in Europe and across the globe as the use of AI expands in the coming year, as well as looking toward the future? How can AI be used to improve the customer experience, but still ensure equity while protecting client privacy, data security? For FIs considering new or broader AI solutions, what...

LimeWire AI Studio Review 2023: Details, Pricing...

December 13, 2023

In the rapidly advancing landscape of AI technology and innovation, LimeWire emerges as a unique platform in the realm of generative AI tools. This platform not only stands out from the multitude of existing AI tools but also brings a fresh approach to content generation. LimeWire not only empowers users to create AI content but also provides creators with creative ways to share and monetize their creations. As we explore LimeWire, our aim is to uncover its features,...

Satoshi-era Bitcoin awakens: 1,005 BTC mined in...

August 16, 2023

1,005 BTC, valued at $29 million, has been moved from an old Bitcoin wallet after 13 years, drawing parallels to recent dormant BTC movements. News <!–> –><!–> Join us on social networks –> A Bitcoin (BTC) wallet containing 1,005 BTC mined in 2010 has reawakened, with an anonymous user moving the long dormant coins to new addresses in a number of different transactions. Speaking exclusively to Cointelegraph, Kirill Kretov — a blockchain researcher, developer and cryptocurrency trader — weighed...

Here’s what happened in crypto today

August 16, 2023

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Recap <!–> –><!–> Join us on social networks –> Coinbase is preparing to roll out cryptocurrency futures trading for institutional investors in the United States after winning approval from the NFA. Meanwhile, crypto miners in the United States have a new lobbying group aiming to dispel misconceptions about the industry’s sustainability,...

Banning ransomware payments: An attractive but dangerous...

August 16, 2023

A successful cyberattack on critical infrastructure — such as electricity grids, transportation networks or healthcare systems — could cause severe disruption and put lives at risk. Our understanding of the threat is far from complete since organizations have historically not been required to report data breaches, but attacks are on the rise according to the Privacy Rights Clearinghouse. A recent rule from the United States Securities and Exchange Commission should help clarify matters further by now requiring that organizations...

Why is Litecoin’s price down today?

August 16, 2023

Litecoin’s price is down today, partly due to the “sell the news” sentiment following its Aug. 2 halving. Altcoin Watch <!–> –><!–> Join us on social networks –> Litecoin’s (LTC) price is down today, mirroring downside moves elsewhere in the cryptocurrency market. LTC price fell over 1.5% on Aug. 16 to around $78.25, underperforming the rest of the crypto market, which dropped 0.65% in the same period. The downside move came as a part of a broader pullback trend that started...

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