Day: June 25, 2023

Bitcoin sees new all-time highs in 3 countries as BTC price pokes $31K

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Bitcoin (BTC) tapped $31,000 for a third time this year on June 25 as the weekly close promised volatility. BTC/USD 1-hour chart. Source: TradingView BTC price challenges $31,000 Data from Cointelegraph Markets Pro and TradingView showed BTC price movements focusing on yearly highs. BTC price remained strong over the weekend, as attention focused on geopolitical events in Russia and surrounding states. With tensions lessening on the day, curiosity over markets’ reactions at the June 26 open remained, with the weekly candle close — already a classic source of volatility —…

ChatGPT plugin goes live for Hedera network

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A convergence of blockchain and artificial intelligence (AI) has occurred between ChatGPT and Hedera (HBAR), the native cryptocurrency of the Hedera network. By capitalizing on the decentralized characteristics of blockchain networks, ChatGPT can establish secure interactions with the Hedera network, accessing its tools like the Hedera Consensus Service, Hedera Token Service and Smart Contract Service. On Twitter, developer Ed Marquez provided instructions on creating the plugin, focusing on token balances of Hedera accounts. According to Marquez, users can view account balances through a network explorer or programmatically retrieve them via…

Judge grants Hermès request to halt all ‘MetaBirkin’ NFT sales

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French luxury fashion house Hermès International has notched another win in its infringement case against artist Mason Rothschild, after a Manhattan judge ordered a permanent injunction on all “MetaBirkin” non-fungible token sales. Hermès initially submitted the request to the Southern District of New York in March to block all sales of the MetaBirkin NFTs. Manhattan-based U.S. District Judge Jed Rakoff officially granted the request on June 23, as he offered a skeptical take on Rothschild’s defense against Hermès’ suit, while questioning Rothchild’s continued marketing of the project. “[The] defendant’s entire…

$794K SIM swap hacker PlugwalkJoe sentenced to five years in prison

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British Hacker Joseph O’Connor, also known online as PlugwalkJoe, has been sentenced to five years in U.S. prison for his role in stealing $794,000 worth of cryptocurrency via a SIM swap attack on a crypto exchange executive back in April 2019. O’Connor was initially arrested in Spain in July 2021 and was extradited to the U.S. on April 26, 2023. In May he pled guilty to a slew of charges relating to conspiracy to commit computer intrusions, conspiracy to commit wire fraud, and conspiracy to commit money laundering, to name…

Old-School Bitcoin Hard Fork Altcoin Pumps by 82% This Week Amid Support From New Wall Street-Backed Exchange

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An old-school Bitcoin (BTC) hard fork altcoin is making headlines this week after a listing on a brand new crypto exchange sent the asset’s price soaring. Bitcoin Cash (BCH), which was spun off from Bitcoin in 2017, is up 41% in the past 24 hours and more than 62% in the past week. The 20th-ranked crypto asset by market cap is trading at $195.51 at time of writing. BCH was one of four crypto assets to receive support from the newly launched digital asset marketplace EDX Markets. The new exchange…