The crypto industry is constantly evolving, and innovations in technology continue to push the boundaries of what is possible. One emerging trend is the integration of artificial intelligence (AI) into crypto platforms, and yPredict is at the forefront of this movement. With global investors backing the project, yPredict has secured an impressive $3.4 million in
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Bitcoin mining has been experiencing significant growth in recent times, with the blockchain network reaching an all-time high in hash rate during the second quarter of this year. This surge in mining activity has resulted in an increase in mining revenue, driven by a spike in transaction volume for Bitcoin. Riot Blockchain, one of the
According to former SEC attorney John Reed Stark, the current SEC, led by Chairman Gary Gensler, is facing significant regulatory concerns that make it unlikely for a Bitcoin spot ETF application to be approved. One of the major issues is the ability to prevent fraud and protect investors. Interestingly, Stark observed that the topic of
Crypto lawyer James Murphy has described the amicus brief filed by six law scholars in support of Coinbase as “devastating” for the U.S. Securities and Exchange Commission (SEC). This legal document challenges the SEC’s claim that tokens trading on Coinbase are securities. In a post on August 12, Murphy praised the brief for undermining the
The US Commodity Futures Trading Commission (CFTC) recently exposed a fraudulent project involving precious metals and digital assets. The CFTC filed a complaint against four individuals and their unincorporated entity, Fundsz, for operating this deceptive scheme. Fundsz and its founders, Rene Larralde, Brian Early, Alisha Ann Kingrey, and Juan Pablo Valcarce, lured over 14,000 customers
Bitcoin (BTC) is showing signs of stability as it forms two successive Doji candlestick patterns on the weekly charts. Despite the lack of volatility in the market, the price of Bitcoin is managing to sustain above the 20-week exponential moving average, indicating that the bulls are still in control. This article will analyze the current
The blockchain community has witnessed a significant surge in interest and enthusiasm for Toncoin (TON). This digital currency has quickly gained popularity due to its innovative solutions to long-standing problems in decentralized finance. Presently, TON is trading at $1.46, showing an impressive 10.4% increase in the past 24 hours. Coingecko’s data also reveals a remarkable
In the ever-evolving world of blockchain technology, the need for smart contract auditing has become increasingly crucial. Auditing firms play a vital role in ensuring the security, functionality, and integrity of decentralized applications. This article presents an analysis of several prominent smart contract auditing firms that have made significant contributions to the industry. Hashlock, based
U.S. Senator Cynthia Lummis has filed an amicus brief in support of Coinbase’s motion to dismiss the U.S. Securities and Exchange Commission (SEC) lawsuit. In her brief, Senator Lummis highlights the ongoing debates in Congress regarding cryptocurrency regulation and argues that the court should dismiss the SEC’s case, allowing Congress to develop balanced regulations. This
Brazilian lawmakers are taking steps towards implementing new tax legislation that would impact cryptocurrencies held overseas. The proposed legislation seeks to address the tax treatment of cryptocurrencies as “financial assets” in foreign investments. This article will delve into the potential implications of this legislation on the cryptocurrency market in Brazil. The amendments to the bill
