Tag: News

SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities’ in Bittrex Lawsuit – Regulation Bitcoin News

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According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news follows the SEC’s designation of several crypto assets as securities, including the case against Terraform Labs, which insists that LUNA and UST were sold as unregistered securities. Additionally, a lawsuit initiated by New York attorney general Letitia James against Kucoin insists that ethereum is also an unregistered security. Lawsuits Against Crypto Exchanges Bring…

LINK Jumps to 6-Month High, LTC Back Above $100 – Market Updates Bitcoin News

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Chainlink rose to a six-month high in today’s session, as crypto markets moved back into the green on Tuesday. Markets were buoyant following stronger than expected Chinese growth data, with the global market cap up 0.45% as of writing. Litecoin also climbed, hitting a two-month high in the process. Chainlink (LINK) Chainlink (LINK) rose to a six-month high on Tuesday, as the global crypto market cap rebounded from Monday’s decline. LINK/USD rallied to an intraday high of $8.66 in today’s session, a day after trading at a low of $7.97.…

NBA Hall of Famer Shaq Served in FTX Investor Suit – Exchanges Bitcoin News

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A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along with other public figures and the platform’s founder, of defrauding people who put money into FTX. Shaquille Served Legal Notice in FTX Lawsuit Outside His Home, Lawyers Say Following multiple attempts in the past months, legal representatives of a group of FTX investors have managed to serve Shaquille O’Neal in a suit against several celebrities who promoted FTX. The latter…

GameFi Short Video Platform Cheelee Launches CHEEL Community Drop Worth $5,000,000 – Press release Bitcoin News

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press release PRESS RELEASE. Cheelee, the GameFi short video platform well-known for rewarding users for viewing their feeds, has announced the most monumental Community Drop of 2023. Starting from April 17th, every vertical video lover now gets the chance to get on board one of the most promising projects ever launched and take home a share of a $5,000,000-worth pool of CHEEL tokens. The community drop will be run on Zealy platform, so everyone is warmly welcomed to grab a share of the loot. To succeed in Cheelee Community Drop,…

ETH Back Above $2,100, as BTC Rebounds From 1-Week Low – Market Updates Bitcoin News

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Ethereum moved back above $2,100 on Tuesday, as markets reacted to the latest gross domestic product (GDP) report from China. Chinese GDP rose by 4.5% during the first quarter of the year, higher than the 4% expected. Bitcoin rebounded from earlier losses. Bitcoin Bitcoin (BTC) rebounded from a one-week low on Tuesday, as markets reacted to the latest gross domestic product (GDP) report from China. BTC/USD dropped to a low of $29,154.85 earlier in today’s session, before climbing to a peak of $29,944.78 as the day matured. The low sent…

ChatGPT Can Predict Stock Moves from News Headlines and Decode Fed Speak

The researchers also stated that ChatGPT could beat the commonly used models from Google, dubbed BERT along with the classifications based on dictionaries. OpenAI’s popular chatbot system ChatGPT hasn’t failed to surprise people across the world, and once again, it’s out to show its AI prowess. Earlier this month, two new papers have been published that deployed the AI chatbot in some market-relevant tasks. The first task involved deciphering whether the Fed’s comments are dovish or hawkish. The other task determined for the ChatGPT experiment was whether the news headlines…

Zambia to Complete Testing Real-Life Crypto Usage Simulations by June — Government Minister – Bitcoin News

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Zambia is set to complete real-life crypto usage simulations by the end of June, Felix Mutati, the country’s science and technology minister has said. The Zambian minister said his country is seeking a balance between innovation and consumer protection. Zambia Needs to Build Digital Infrastructure Before It Introduces Crypto According to the Zambian minister of science and technology, Felix Mutati, his country is set to complete tests which simulate real-life cryptocurrency usage by the end of June. However, Mutati also argued that Zambia must focus on building a digital infrastructure…

Bitcoin․com Launches VERSE Staking as Ecosystem Token and DEX Heat Up – Press release Bitcoin News

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press release As the traditional banking system experiences growing instability with the failures of Silicon Valley Bank, Signature Bank, Silvergate Bank, and Credit Suisse, more individuals are turning to decentralized finance (DeFi) as a secure and attractive alternative. Verse DEX, Bitcoin.com’s decentralized exchange, has been flourishing as a result, enjoying a rapid surge in Total Value Locked (TVL) and gaining recognition as a reliable refuge from traditional banking woes. In recent weeks, Verse DEX has witnessed TVL increase by nearly 300%, surpassing the $15 million mark. This impressive growth has…

Environmental Impact of AI Models Takes Center Stage Amid Criticism Against Bitcoin Mining – Featured Bitcoin News

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While bitcoin’s effect on the environment has been discussed at length over the last two years, the latest trend of artificial intelligence (AI) software is now being criticized for its carbon footprint. According to several headlines and academic papers this year, AI consumes significant electricity and leverages copious amounts of water to cool data centers. Reports Insist AI and Chatgpt Consumes a Ton of Electricity and Water In recent times, environmentalists have aimed their targets at various technologies, and during the last 24 months, a great deal of focus has…

Russia Negotiating Free Trade Deal With India to Facilitate Imports in the Face of Sanctions – Economics Bitcoin News

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Russia is in the process of negotiating a free trade deal with India in order to substitute part of the products and investments that were banned by sanctions enacted after the Ukrainian conflict erupted. Russia is now the largest oil supplier of India, with the country taking advantage of the discounted Russian crude. Russia and India Negotiate New Trade Agreement Russia and India are negotiating a new Free Trade Agreement (FTA) to increase the trading integration between the two countries, which has thrived after the establishment of Western sanctions on…