A costly and troubled sci-fi series by director Carl Erik Rinsch highlights Hollywood's pressure to cut back on lavish spending and focus on profitability.
OpenAI co-founder Sam Altman is set to return as CEO after being ousted, with an agreement reached in principle and potential new board members announced.
Traders show persistent bullish sentiment in the crypto market, with increased activity in topside bitcoin call options following Binance CEO CZ's guilty plea, indicating a belief that the industry has been cleaned up and setting the stage for the approval of a US-based cryptocurrency exchange-traded fund.
Bitcoin's market dominance is often seen as an indicator of its strength, but a closer analysis reveals that it may not be as informative as it seems, as it is heavily influenced by the trading dynamics between Bitcoin and Ethereum, as well as the role of stablecoins like Tether.
Binance's settlement with the SEC has resulted in a market decline, leading to $227 million in liquidations of crypto perpetual futures positions, with bullish longs accounting for nearly 80% of the total.
Cryptocurrency exchange Binance has agreed to pay over $4 billion in fines to settle with US regulators, who accused the company of enabling transactions involving terrorist groups such as Hamas, the Islamic State, and Al Qaeda, among other illegal activities. Binance's co-founder, Changpeng "CZ" Zhao, will step down as CEO and pay $50 million in fines, while also facing potential prison time.
Grayscale executives have met with the SEC to discuss converting their Bitcoin trust into a spot Bitcoin ETF, with the firm aiming to dominate this category if they can "uplist GBTC to NYSE Arca on the same day other issuers launch spot BTC ETFs" and compete on fees, according to ETF Store President Nate Geraci.
Easy Crypto has launched the New Zealand Dollar Stablecoin (NZDD) in partnership with Labrys, a blockchain development firm, with the stablecoin being backed 1:1 with cash in trust and regulated by the New Zealand Financial Markets Authority.
Anthropic has released Claude 2.1, a large language model (LLM) with a 200,000-token context window that surpasses its closest rival, GPT-4 Turbo by OpenAI, in context-handling abilities, offering improved accuracy, reduced hallucination rates, system prompts, tool use, and updated pricing.
Investing in Dogecoin today, an investor would need to hold 175,960 DOGE at a price point of $0.25 to be able to sell and buy a Tesla Model Y, requiring an investment of $13,114.77 today.
Crypto gaming company Animoca Brands has partnered with Ubisoft to add Ubisoft's NFT game Champions Tactics: Grimoria Chronicles to its Web3 Frequent Player Program, allowing Moca ID owners to earn rewards and incentivize user onboarding.
The movement of Satoshi Nakamoto's untouched fortune of Bitcoin could have significant implications for the cryptocurrency market, including potential drops or increases in value, regulatory impacts, and the speculation-driven nature of the market.
CoinList founder Andy Bromberg believes that spot Bitcoin exchange-traded funds (ETFs) are a watered-down version of crypto and a sign that the industry is moving in the wrong direction, as the success of cryptocurrency lies in decentralization and true ownership, not centralized financial instruments like ETFs.
Crypto investor Arthur Cheong predicts that Synthetix (SNX), an altcoin operating on the Ethereum network, could increase in value by more than 75% due to its low resistance and limited circulating supply.
Crypto trader Rekt Capital warns that Bitcoin could experience a significant drop of up to 40% following the next halving event in 2024.
Crypto lender Celsius Network has decided to scale back its post-bankruptcy plans and focus solely on bitcoin mining, due to regulatory skepticism from the U.S. Securities & Exchange Commission (SEC) regarding its other proposed business lines.
Jack Dorsey, founder of Twitter, has announced that he is ending performance reviews and performance improvement plans (PIPs) at Block, his financial services company, in favor of "parting ways without delay" if an employee is not meeting expectations. Dorsey also promoted Dhanji Prasanna to CTO of the company.
Blur's Season 2 of rewards for traders resulted in one trader receiving over $8.4 million worth of BLUR tokens, with the trader converting 2-3 ETH into an $83,100 airdrop, while popular NFT collections like the Bored Ape Yacht Club faced pressure as traders aimed to maximize their airdrops.
Bitcoin's market share is diminishing and it may eventually be overshadowed by more efficient cryptocurrencies, according to Alex Konanykhin, CEO of Unicoin. He believes that blockchain technology will play a critical role in the future of business and payments, and that sensible regulation is necessary for a reliable and stable crypto environment. Despite the challenges, Konanykhin remains optimistic about the mainstream adoption of cryptocurrencies.
The price of BNB token reached a 5-month high due to news of a settlement between Binance and the US Department of Justice, but the price quickly declined as more information about the settlement emerged.
The approval of a spot bitcoin ETF could significantly impact the crypto industry, driving up the price of bitcoin, but may pose competitive threats to exchanges like Coinbase as new investors opt for ETFs over exchanges.
The United States Department of Justice has seized $9 million worth of USDT (Tether) following Tether freezing funds connected to a criminal organization responsible for romance scams.
The Securities and Exchange Commission (SEC) has sued cryptocurrency exchange Kraken, accusing it of operating as a securities exchange without proper registration, prompting calls for Congress to clarify regulations in the digital asset industry.
A potential approval of a spot Bitcoin ETF in the US could ignite a new crypto bull market, as it would provide institutional investors with a regulated way to get exposure to Bitcoin, potentially leading to explosive consequences for the market.
Uranium3o8 has introduced a uranium-linked token called U on Uniswap in an effort to create a spot market for uranium and provide greater accessibility and transparency in the industry, with the token representing one pound of uranium and backed by Canada-based firm Madison Metals Inc.
Sam Altman remains actively involved in the crypto project Tools for Humanity, including his role as chairman and co-founder, despite his departure from OpenAI, according to a source close to the project. The Worldcoin token experienced a drop in value following Altman's ouster but has since recovered. Worldcoin has faced backlash for its controversial Orb hardware and its targeting of developing countries.
Major banks have collectively invested €9.4 billion ($10.27 billion) in various cryptocurrencies, including XRP, according to a report from the Basel Committee on Banking Supervision, indicating growing institutional interest beyond Bitcoin and Ether.
Crypto exchange Binance is expected to settle an ongoing investigation with the U.S. Department of Justice, potentially with a $4 billion fine and a deferred prosecution agreement.
The founder and lead developer of Ethereum Name Service (ENS) is prepared to challenge a patent awarded to rival Unstoppable Domains, claiming that the patent is based on innovations that ENS developed and is considering adopting an open-patent license.
The US Department of Justice seized $9 million worth of tether stablecoin linked to a pig butchering scam that exploited victims through laundering techniques involving multiple cryptocurrencies.
The latest data from Glassnode confirms that Bitcoin purchased on exchanges since 2017 is now, on average, in profit, with the magic number for turning a profit on investment being $34,700.
The Securities and Exchange Commission sues cryptocurrency exchange Kraken as part of a regulatory crackdown, but Bitcoin remains unaffected.
Bitcoin and crypto prices have surged this year amidst concerns over the US dollar's collapse, and the election of libertarian Javier Milei in Argentina has sparked speculation that the country may adopt bitcoin, potentially boosting its price further.
A decentralized autonomous organization (DAO) is suing its founding team for dissolving its governing body and shutting down its token without consulting the community, angering some members.
Colony Lab, an Avalanche ecosystem developer and accelerator, plans to invest $10 million to support the long-term growth of the network, including setting up a validators program and investing in the Colony Avalanche Index (CAI).
Privy, a Web3 startup, has raised $18 million in a Series A funding round led by Paradigm, with the goal of building consumer-friendly blockchain-based services for companies like Blackbird and Courtyard.
Tether's bank partner Britannia Financial is being sued for allegedly failing to pay the full price of revenue-generating assets related to a deposit from Tether.
A Ukrainian lawmaker has been exposed for attempting to bribe a state official with bitcoins equivalent to $50,000 in exchange for help in obtaining state funds, marking the first documented case of cryptocurrency being used for bribery in the country.
The Fantom Foundation has addressed a vulnerability that could have allowed hackers to steal up to $170 million, following a $550,000 hack in October, and awarded the security researcher who discovered the vulnerability $1.7 million.
OpenAI is currently engaged in intense discussions to resolve internal conflicts and unify the company, following the threat of mass resignations by employees if ousted CEO Sam Altman is not reinstated.
The release of the November meeting minutes by the Federal Reserve is expected to have little impact on financial markets, including bitcoin, as weak U.S. economic data has already convinced traders that the Fed's rate-hike cycle has ended.
Bitcoin's recent rally is closely correlated with the global liquidity cycle, according to Real Vision CEO Raoul Pal, who believes that the cryptocurrency's upward trajectory will continue into 2024 as liquidity continues to rise.
Kaspa, a layer-1 blockchain token, has surpassed major cryptocurrencies like Bitcoin and Ethereum with a 2500% increase this year, following its listing on Binance.
Crypto exchange Bittrex Global is shutting down its operations, urging customers to complete transactions by December 4th, following the closure of its U.S. arm in April and a subsequent $24 million settlement with the SEC in August.
Investors have poured over $30 million into Blast, an Ethereum layer 2 network, shortly after its launch, indicating strong demand for Layer 2 networks that improve speed, cost, and scalability by operating on top of a layer 1 blockchain like Ethereum. Blast's unique design allows users to earn yields on transferred ether and BLAST points, and the mainnet launch is scheduled for February. The project raised $20 million in funding and is led by @PacmanBlur, a co-founder of NFT marketplace Blur.
Crypto lender Celsius will pivot to focusing solely on mining bitcoin, following feedback from the SEC, and will apply to register shares in a new publicly traded Bitcoin mining company owned by Celsius customers.
The meme coin BONK on the Solana ecosystem experienced a surge of 1700% in the past month, surpassing the gains of Dogecoin and Shiba Inu, reaching its all-time high of $0.00000539 before a 29% decline within 11 hours.
Apple is facing a class action lawsuit over allegations of anti-competitive behavior in the iOS peer-to-peer payments market, with consumers claiming that the tech giant conspired to limit payment options and block crypto technology from iOS payment apps.
BNB, the token issued by Binance, surged in price after Bloomberg reported that the U.S. Justice Department is considering a $4 billion settlement with the exchange to resolve its investigation, making it the highest price for BNB since June.
Bitcoin transaction fees have surpassed Ethereum's due to increased activity surrounding assets created with the Ordinals Protocol, resulting in a rise in fees and redistributed funds to the network.