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Kerrisdale Capital Shorts Riot Platforms Amid Safety And Import Concerns
June 6, 2024
Kerrisdale Capital has raised serious safety and ethical concerns regarding Riot Platforms, a prominent cryptocurrency mining company. In a detailed complaint sent to Texas officials on June 5, Kerrisdale cited …
Read moreOpenAI Faces Criticism Over Security and Profit Prioritization
June 6, 2024
Recent reports have highlighted concerns from former OpenAI safety researchers regarding the organization's focus on security protocols. Leading the voices of dissent is Leopold Aschenbrenner, who suggests that OpenAI CEO …
Read moreVanEck Predicts Ethereum Will Hit $22,000 Per Token By 2030
June 6, 2024
VanEck has forecasted a significant increase in the value of Ethereum (ETH), predicting it will be worth approximately $22,000 by 2030. This optimistic prediction was outlined in a comprehensive analysis …
Read moreTether CEO Alerts Community About Supply Chain Email Exploit
June 5, 2024
Tether's CEO Paolo Ardoino has brought to light a significant security breach affecting crypto companies. In a post on X (formerly Twitter), Ardoino revealed that an unnamed vendor responsible for …
Read moreBinance Requests Dismissal of Major Claims in UK Bitcoin SV Case
June 5, 2024
Binance has moved to dismiss the majority of claims in a UK lawsuit concerning the delisting of Bitcoin SV (BSV), a move reported by Reuters on June 5. The case …
Read moreBitcoin ETFs Record Historic Inflows, Rally Continues
June 5, 2024
Bitcoin ETFs Experience Historic Inflows, Topping $887 MillionOn June 4, Bitcoin exchange-traded funds (ETFs) experienced a momentous day with inflows amounting to $886.6 million, making it the second-largest inflow day …
Read moreBitpanda Collaborates with Deutsche Bank for Customer Deposits and Withdrawals
June 4, 2024
Crypto broker Bitpanda has partnered with Deutsche Bank to streamline the handling of customer deposits and withdrawals. Bitpanda made this announcement in a recent blog post, highlighting that Deutsche Bank …
Read moreBitcoin Price Surges as Meme Coins Gain Traction
June 4, 2024
Bitcoin has experienced a remarkable surge, hitting $71,000 as meme coins such as ORDI, DOG, and PUPS see substantial price increases. This week, the Runes token DOG and BRC-20 token …
Read moreFTX Settles $24 Billion IRS Claim for Fraction to Prioritize Customer Repayments
June 4, 2024
Defunct crypto exchange FTX has agreed to settle the Internal Revenue Service (IRS) substantial $24 billion tax claim for a significantly lower amount to help the company prioritize its customer …
Read moreCore Scientific Expands Horizons With $3.5B AI Deal and Potential Buyout
June 4, 2024
Core Scientific, a leading bitcoin mining company, has entered into a significant 12-year agreement with AI hyperscaler CoreWeave, backed by Nvidia, to provide 200 megawatts (MW) of infrastructure for high-performance …
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