Sahara co-founder Sean Ren says his tech can help workers and businesses get compensated for their knowledge, data and expertise in the age of AI. Source
Crypto AI Startup Sahara Raises $6M to Reward AI Trainers
Category: ICO
Here’s What Might Happen After BTC Hit a Record High
Historically, when bitcoin breaks an all-time high, prices tend to rally for the next few days: In 2020, it rose to $24,200 from $20,000 in a 48-hour period. It didn’t drop below $20,000 again until June 2022, in the midst of a bear market. In March 2017, bitcoin hit a high of $1,350 before dropping to $897 over the following two weeks. Then it started a run to an eventual high of $20,000. Source
Osprey Bitcoin Trust Looking for a Buyer or Possible Merger with Bitcoin ETF
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Bitcoin Bridge OrdiZK Suffers Apparent $1.4M Rug Pull, Token Crashes to Zero: CertiK
OrdiZK, a project that set out to become a bridge between the Bitcoin, Ethereum and Solana blockchains, appears to have pulled an exit scam, with developers apparently siphoning more than $1.4 million from separate wallets, according to blockchain security firm CertiK. Source
MicroStrategy (MSTR) to Offer $600M Debt to Buy More Bitcoin (BTC) Following Stock Rally
Helmed by its founder, former CEO and now Executive Chairman Michael Saylor, the company has been a relentless accumulator of bitcoin since mid-2020. At last check, MicroStrategy held 193,000 tokens worth more than $13 billion at the current price of $67,500. Source
Institutional Crypto Wallet Provider Utila Raises $11.5M, Aims to Facilitate Tokenization Boom
Utila’s self-custodial wallet offers a simplified user interface, fast onboarding process and recently added enhanced tokenization capabilities to better serve token issuers, co-founder and CEO Bentzi Rabi said in an interview. Source
Bitcoin (BTC) Price Eyes Record This Week
Bitcoin (BTC) will reach an all-time high before the week ends, according to Markus Thielen, head of research at 10x. “Price action during the weekend is always important to follow and while attempts have been made to [liquidate] leveraged long positions, there are no sellers,” said Thielen in a note titled, “Everybody Will Be Astonished by Bitcoin’s Price Action This Week.” The cryptocurrency reached a record in euro terms on Monday and was trading at around $66,839 at press time on Tuesday, less than 3% shy of its all-time dollar…
Crypto Lender Nexo Secures First Regulatory Victory in Dubai
Receiving a full license involves three stages: an initial provisional permit, a preparatory license, and an operating license. Nexo’s regional entity, Nexo DTC, is seeking to win full approval for Lending & Borrowing, Management & Investment, and Broker-Dealer activities. Source
Terra’s Do Kwon Wins Extradition Appeal in Montenegro as Case Heads for Retrial
The latest legal victory for Kwon doesn’t necessarily mean that he cannot be extradited at all. The case will be heard again by the court that initially adjudicated on the matter. Therefore, for the time being, the extradition of Kwon is delayed, if not cancelled. Source
Dogwifhat (WIF) Surges After Crypto Exchange Binance Said It Will List the Meme Coin
WIF had been trading at $1.52 before the announcement, and the price quickly jumped by more than 25%. It was trading recently at $1.80, a 5.61% gain over the past 24 hours. FLOKI, in contrast, dropped by 5.1% and WEN, MAGA, BITCOIN and CUMMIES all fell by more than 10%. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, is up by 5.08% in the same period following bitcoin’s (BTC) surge to $68,500 on Monday. Source