Total open interest on Bitcoin futures hit $29 billion on Aug. 16 despite a decline in Bitcoin’s price. Read More at https://cointelegraph.com/news/bitcoin-room-to-fall-unusual-open-interest-coinglass?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: August 2024
San Fran city attorney sues sites that ‘undress’ women with AI
Dek: AI-powered websites allowing users to create nonconsensual nude photos of women and girls were visited 200 million times in the first half of the year. Read More at https://cointelegraph.com/news/san-francisco-attorney-sues-ai-sites-undress-women?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘I’m not leaving’ — Megaupload’s Kim Dotcom to fight US extradition
“I love New Zealand. I’m not leaving,” said Bitcache and Megaupload founder Kim Dotcom on X after the New Zealand Justice Minister signed off on a United States extradition order. Read More at https://cointelegraph.com/news/megaupload-kim-dotcom-fight-us-extradition-order?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin critical indicator prints ‘bearish cross’ as it sinks below $58K
The crossing of this indicator on two different timeframes has signaled to traders that short-term performance may be weakening, sparking fear in the market. Read More at https://cointelegraph.com/news/bitcoin-price-death-bearish-cross-indicator-bullish-rally-traders?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin sidechain creators tout new ‘permissionless’ version BitVM2
Robin Linus has unveiled a new whitepaper for BitVM2 and BitVM Bridge, two new developments that offer significant improvements to the original version of BitVM. Read More at https://cointelegraph.com/news/bitcoin-sidechain-creators-tout-new-permissionless-version-bitvm2?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ZachXBT claims 21 North Korea crypto devs are making $500K a month
Onchain sleuth ZachXBT claims to have found a network of North Korean developers who have been working on dozens of crypto projects. Read More at https://cointelegraph.com/news/zachxbt-claims-21-north-korea-crypto-devs-making-500k-month?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
IMF execs float raising crypto mining electricity prices by 85%
A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives. Read More at https://cointelegraph.com/news/imf-crypto-miner-ai-electricity-tax-carbon-emissions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Low users, sex predators kill Korean metaverses, 3AC sues Terra: Asia Express
Low user numbers and sex predator scandals are killing South Korean metaverses, 3AC sues Terra, Malaysian crypto kidnappings. Asia Express. Read More at https://cointelegraph.com/magazine/metaverse-korea-3ac-terra-crypto-xrp-asia-express/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin stagnates as bearish headwinds continue to blow
Bitcoin price falls as demand for leveraged long BTC futures and stablecoins drops. Read More at https://cointelegraph.com/news/bitcoin-stagnates-as-bearish-headwinds-continue-to-blow?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘I expect to see no mention of Bitcoin’ — MARA CEO on Harris’ platform
Depending on the November presidential election outcome, Fred Thiel said he would consider “looking outside the US” for Bitcoin mining firm MARA’s operations. Read More at https://cointelegraph.com/news/bitcoin-mining-mara-ceo-kamala-harris-platform?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound