SSV Network Prices Free Falling After Founder Joins Israeli Army, What’s Next?

Alon Muroch, the founder of SSV Network, has been drafted into the Israeli Army, according to an X post shared on October 10. Following this news, SSV, the native token of the SSV Network, fell 5%, dropping below the $14 mark. At this pace, SSV is moving closer to its all-time low of around $13.40, registered in September 2023. SSV Founder Getting Drafted In response to the ongoing crisis in the Middle East, Muroch stated that the situation on the ground is “much worse than described.” The founder said that being drafted…

French Train Manufacturer Alstom Shares Fall 35% Following Reduced Free Cash Flow Forecast

Alstom highlighted reasons for the free cash flow reduction for H1 of the fiscal year, and predicted a reduced figure for the full year. Shares in French train manufacturer Alstom crashed by more than 35% following a reduction in the company’s forecast for free cash flow. As of this writing, Alstom shares are selling at €13.76, a 35.88% plunge from its previous close at €21.46. Alstom published a press release containing preliminary financial information for the first half of fiscal 2023/24. The first half ending September 30, saw the company’s free cash…

US BlockFi clients free to withdraw funds after court order

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Numerous US-based clients of the defunct crypto lending firm, BlockFi, have reported being able to access their accounts following a directive from the US Bankruptcy Court for the District of New Jersey on Aug. 16. In an update on Aug. 17, BlockFi said it had initiated the withdrawal process for eligible users’ wallets in the US, conforming to the directives of the bankruptcy court, nine months after suspending withdrawals.  Even so, international users will have to…

Scientists used AI to find and track 95K ‘cryptocurrency free giveaway’ scams on Twitter

Researchers from San Diego State University in California developed an artificial intelligence (AI) system to identify, track and expose free cryptocurrency giveaway scams on X (formerly Twitter).  Called GiveawayScamHunter, the automated system discovered 95,111 scam lists between June 2022 and June 2023 that were created from 87,617 accounts on the X social network. The researchers used the tool to autonomously extract website and wallet addresses associated with the scams. In doing so, they were able to collect 327 scam giveaway internet domains and 121 new scam-related cryptocurrency wallet addresses. Related:…

Free Bitcoin on Zaps experiment — but what are Zaps?

A Bitcoin advocate based in Canada has “Zapped” 600 people a total of 300 Satoshis ($0.09 or 0.000003 BTC) each in a Bitcoin-inspired (BTC) social media experiment.  To date, marketing executive Michael Degroot has doled out over $50 in Bitcoin to people around the globe. He has since been Zapped back more than 40 times, receiving more than $6. Doing an experiment on @orangepillapp I’m going to be zapping & connecting with everyone who has their lightning wallet attached. ~700 people, if you aren’t on there already here’s my referral…

5 Free data set sources to use for data science projects

When working on a data-driven project, finding reliable and high-quality data sets is essential. Fortunately, there are several free sources available that provide access to a wide range of data sets across various domains. However, please pay attention to the data’s quality, documentation and any licensing restrictions associated with each data set. This article will explore five free data set sources that you can utilize for your next project. Kaggle Kaggle is a popular platform for data scientists and machine learning enthusiasts. It offers a huge selection of open-access data…

Bitget reserves top $1.44B, claims to be debt free

Cryptocurrency exchange Bitget says its total proof-of-reserves ratio has reached 223%. In a July 13 announcement, Bitget revealed that its total reserve currently stands at $1.44 billion spread across 31 different crypto assets. Reserve ratios for Bitcoin (BTC), Tether (USDT), Ether (ETH), and USD Coin (USDC) stand at 454%, 135%, 171% and 2,604%, respectively. In an interview, Bitget executives told Cointelegraph that the exchange “operates without relying on debt or users’ funds for its transactions or investments,” and that the company is “proud to be debt free.“ The firm wrote: “Bitget…

UAE free zone teams up with HBAR Foundation to support Web3 startups

RAK Digital Assets Oasis (RAK DAO), a free zone in the United Arab Emirates (UAE) dedicated to crypto companies, has signed a memorandum of understanding (MOU) with the HBAR Foundation to support its ecosystem members through a grant program and by providing assistance in leveraging the Hedera blockchain.  In an announcement sent to Cointelegraph, His Highness Sheikh Mohammed bin Humaid bin Abdullah Al Qasimi, the chairman of RAK DAO, said that the collaboration with HBAR Foundation will drive sustainable growth for the ecosystem and will shape a future where the UAE…

House Republicans’ Bill Shows Challenge of Regulating Crypto Without Giving Traditional Securities a Free Pass

McHenry and Thompson attempt to sidestep the Howey Test entirely. Their bill would create a new asset class called “digital assets.” Digital assets can come in many forms, but two particularly important ones are “digital commodities” and “restricted digital assets.” In short, the legislation provides that crypto tokens will either be issued as digital commodities in the first instance, or as restricted digital assets that then “mature” into digital commodities after they become sufficiently decentralized. Source

Free Promotional NFTs, Crypto Airdrops Would Be Banned Under New UK Rules, FCA’s Matthew Long Says

The U.K.’s strict crypto financial promotions rules will come into effect on Oct. 8, according to a report the FCA published on Thursday. Under these rules, crypto will be categorized as a “restricted mass market investment,” and will require adverts on crypto to have clear risk warnings. What’s more, incentives for the general public to invest in cryptocurrencies will be banned. Source