Bitcoin Cash (BCH) Conference 2024 Coming to Buenos Aires, Argentina in October

The highly anticipated Bitcoin Cash (BCH) Conference is set to take place in Buenos Aires, Argentina from October 12 to October 14, 2024. The event, hosted at the stunning Calima Eventos in the Puerto Madero area, promises a blend of networking, innovation, and entertainment over three days. Attendees can look forward to engaging discussions, a …

Major US Bank To Pay $135,600,000 Fine Over Perpetual Problems With Risk Management, Compliance, Data and Internal Controls

US banking giant Citigroup will shell out $135.6 million to regulators for failing to fix longstanding issues with the bank’s risk management, compliance, data handling and internal controls. The Federal Reserve and the Office of the Comptroller of the Currency (OCC) have imposed the collective fine for failing to address deficiencies flagged in two enforcement …

Bitcoin Price Rattles As President Biden Quits 2024 Presidential Race, Endorses Kamala Harris

Bitcoin’s price rattled Sunday as President Joe Biden announced he is quitting the 2024 race for the White House. As the news broke, BTC dropped from $67,453 to $65,884 in an instant before recovering to $66,893 at time of publishing. Bitcoin has rallied in recent weeks after Former President Trump declared his support for the …

Crypto Exchange Gemini Settles With IRA Financial Trust Over $36,000,000 Hack in 2022: Report

Crypto exchange Gemini and self-directed retirement and pension accounts platform IRA Financial Trust (IRA) have reportedly reached an agreement to settle a lawsuit stemming from a 2022 cyberattack. IRA sued Gemini after the crypto exchange suffered a security breach in February 2022. The firm claims that $36 million worth of its customers’ assets in Gemini’s …

Cboe Unveils the Official Launch Date for Five Spot Ethereum ETFs

The Chicago Board Options Exchange (Cboe) is giving the launch date for five spot market Ethereum (ETH) exchange-traded funds (ETFs). Cboe’s new listings page shows that Ethereum ETFs from issuers 21Shares, Fidelity, Franklin Templeton, Invesco and VanEck are scheduled to roll out on Tuesday, July 23rd. Last week, Bloomberg senior ETF analyst Eric Balchunas said …

JPMorgan Chase, Wells Fargo and Bank of America Playing ‘Heads I Win, Tails You Lose’ With Customers As Hundreds of Millions of Dollars Disappears on Zelle: US Senator Richard Blumenthal

A group of banking giants led by JPMorgan Chase, Wells Fargo and Bank of America are playing a dangerous game with their customers’ money, according to US Senator Richard Blumenthal. The Democrat and Chairman of the Permanent Subcommittee on Investigations has released a statement as a Congressional hearing on millions of dollars in fraud on …

Divide, conquer, collaborate: The definitive guide to the modular blockchain stack

The following is a guest article from Erick de Moura, co-founder at Cartesi. Despite over a decade of evolution, traditional blockchains continue to grapple with the proverbial ‘blockchain trilemma’, balancing decentralization, security, and scalability. The bigger a blockchain gets – the more users, the more dApps, the more activity and transactions – the greater the …

The case for decentralized compute in AI

The following is a guest post by Jiahao Sun, CEO & Founder of FLock.io. In the ever-evolving landscape of artificial intelligence (AI), the debate between centralized and decentralized computing is intensifying. Centralized providers like Amazon Web Services (AWS) have dominated the market, offering robust and scalable solutions for AI model training and deployment. However, decentralized …

Veteran Blockchain Developer: Overregulation Creates Hurdles for Crypto Companies, Diminishing Overall User Experience

While regulations are generally meant to protect consumers, in practice, they create hoops for crypto companies to jump through, thus diminishing the overall user experience, said Ivo Georgiev, co-founder and CEO of Ambire Wallet. Georgiev argues that regulations like the Eurozone’s Markets in Crypto-Assets (MiCA) actually “enable more sketchy companies and scams.” Overregulation Beneficial to …

Wazirx Offers $23M Bounty to Recover Stolen Assets After Massive Security Breach

Indian crypto exchange Wazirx has announced a $23 million bounty program to recover assets stolen in a cyberattack on its multisig wallet. Emphasizing community involvement, co-founder Nischal Shetty outlined the rewards for tracking, freezing, and ethically recovering the stolen funds. He insists that the attack was not due to phishing but involved multiple hardware wallets …

HTX Is Developing an Apple Vision Pro Crypto Exchange Concept

In a recent social media post, Justin Sun, the crypto entrepreneur, shared his experience with the HTX app on his Apple Vision Pro. He expressed his satisfaction with the app’s performance, highlighting its capabilities to view cryptocurrency and place orders. Sun’s post also revealed that HTX is in the process of developing a new concept …

Trump’s Odds of Winning Soar, OTC Volume Surges 95% in H1, and More — Week in Review

Former U.S. President Donald Trump experienced a surge in prediction market odds for winning the presidential election after an assassination attempt at a Pennsylvania rally. Ripple’s CEO and legal chief celebrated their firm’s landmark legal victory against the SEC, affirming that XRP is not a security. Valentina Matvienko, a Russian Senate leader, discussed the potential …

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