What a US government shutdown would do to Bitcoin

On the latest episode of Macro Markets, analyst Marcel Pechman examines the current state of the American economy. He references a headline from Barron’s that highlights the disparity between people’s perception of... Read more »

Humanity will use AI to destroy itself long before AI is sentient enough to rebel against it

As artificial intelligence rapidly advances, legacy media rolls out the warnings of an existential threat of a robotic uprising or singularity event. However, the truth is that humanity is more likely to... Read more »

Crypto market outflows reached $55B in August as liquidity dwindled — Bitfinex

Capital outflows in the crypto industry reached $55 billion in August, according to a report released by crypto exchange Bitfinex.  The analysis is based on the aggregate realized value metric, which measures... Read more »

Genesis to halt all trading services by Sept. 21

Genesis will soon close all of its services, according to a Sept. 14 report. A Genesis spokesperson was on record saying: “Genesis has decided to stop offering digital asset spot and derivatives... Read more »

Paxos confirms it’s responsible for $500K mistaken Bitcoin transaction

The account that overpaid $500,000 in fees on Sept. 10 for a Bitcoin transfer belonged to Paxos, according to a Sept. 13 statement from the company. Paxos claimed that end users have... Read more »

CoinEx over $27M hack loss traced to North Korean hackers

The over $27 million hack of crypto exchange CoinEx was carried out by the North Korean Lazarus Group, blockchain security firm SlowMist reported on Sept. 13. The findings were corroborated by prominent... Read more »

Elizabeth Warren criticizes upcoming closed-door AI summit between senators, tech leaders

Senator Elizabeth Warren criticized a series of upcoming meetings with AI industry leaders in a conversation with NBC on Sept. 12. There, Warren commented on the closed nature of proceedings, stating: “These... Read more »

Bitcoin derivatives data suggests BTC price holds the current range

Bitcoin experienced a 5% increase after testing the $25,000 support level on Sept. 11. However, this breakout rally doesn’t necessarily indicate a victory for bulls. To put today’s price action in perspective,... Read more »

Bitcoin to hit $100K in 2024? Canaan VP weighs up 2024 halving opportunities

Executives from prominent mining and manufacturing firms believe market forces resulting from the fourth Bitcoin halving scheduled in 2024 could force the price of Bitcoin (BTC) past $100,000. Magazine editor Andrew Fenton... Read more »

Despite industry objections, SEC’s Gensler continues to classify crypto as securities

Securities and Exchange Commission (SEC) Chairman Gary Gensler remains steadfast that most cryptocurrencies fall under the agency’s securities regulations despite ongoing criticism from the crypto industry. In written testimony on Sept. 12... Read more »
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