On June 30, Bitcoin (BTC) volatility increased as traders braced themselves for “interesting” BTC price movements. On Bitstamp, BTC/USD reached intraday highs of

Nigeria’s cryptocurrency community has welcomed Europe’s Markets in Crypto-Assets Regulation (MiCA) stablecoin regulations as a step in the right direction, emphasizing that it

The first phase of the historic, all-encompassing law controlling digital assets by the European Union will go into force on Sunday. Europe has

The Women’s National Basketball Association (WNBA) Commissioner’s Cup Championship saw the Minnesota Lynx overcome the New York Liberty on June 25, and women’s sports bars across the country were crowded with fans. Coinbase, the game’s sponsor, provided the entertainment. 56 people arrived at the packed Sports Bra in Portland, Oregon, to enjoy bar bites and one complimentary glass of wine or beer (no free cocktails, not even for Cointelegraph). After accepting an invitation from Coinbase or the WNBA, they also received a free T-shirt. Bars in Seattle, St. Paul, and New York City had similar incidents. As part of a multiyear agreement, Coinbase has sponsored the NBA and WNBA for the past three years. It was good timing. “The growth in the league [WNBA] has been huge. Selling out stadiums — that’s the first time

The volume of deals involving bitcoin mining is increasing, as CleanSpark (CLSK) has committed to purchasing rival GRIID Infrastructure (GRDI) for $155 million in all-stock. According to a statement released on Thursday, CleanSpark will pay off the $5 million bridging loan, which represents roughly $50.9 million, and assume all of GRIID’s debt and other obligations as part of the transaction. “This acquisition would give us a clear and steady path over the next three years to accomplish in Tennessee what we proudly

A $5 million reward is being offered by the U.S. State Department for information that results in the arrest or conviction of Ruja

The CEO of the South Korean cryptocurrency yield platform Delio, Jung Sang-ho, openly misled investors by claiming that their deposits were not “principal

On June 25, Bitcoin (BTC) reached $62,000 once again as markets gradually gained ground after the weekly start.After the Wall Street open, data

At the age of 25, Chicago-based trading giant Jump Trading’s 25-year-old Kanav Kariya rose from intern to head of cryptocurrency operations. Kanav Kariya is no longer with the company. The announcement comes after Fortune revealed last week that the company’s cryptocurrency transactions are being looked into by the U.S. Commodity Futures Trading Commission. Kariya posted on X Monday that he’s exiting today, “a moment I’m receiving with both a heavy heart and great excitement about

The world’s biggest stablecoin provider, Tether, announced that as part of a “strategic transition to prioritize community-driven blockchain support,” it will no longer be minting the USDT token, which is correlated with the dollar, on the Algorand and EOS blockchains. To “strike a balance between maintainability, usage and community interest,” Tether stated in a blog post on Monday, the project’s goal. As of Monday, Tether will no longer be creating new USDT on Algorand and EOS, but it will still be redeeming the stablecoin on those two chains for the upcoming year. As per the Tether website, over $113 billion worth of USDT is presently in circulation, dispersed among 16 distinct blockchains.But only two chains hold the great majority of USDT: Tron, with about $59 billion, and Ethereum, with $52 billion. Merely $85 million of USDT, or 0.08% of the total supply, is present on Algorand, while just $17 million, or 0.015% of the total supply, is present on EOS.

The bitcoin miner Riot Platforms (RIOT) has withdrawn its offer to acquire Bitfarms (BITF), a peer, and plans to restructure the board prior to pursuing any more takeover actions. “Over the course of more than a year of attempting to engage constructively with the Bitfarms Board regarding a potential combination of

In an 84-minute podcast interview, vocal executive chairman and co-founder of business intelligence firm MicroStrategy Michael Saylor recently extolled the virtues of Bitcoin,

Due to signing several phishing signatures, a MakerDAO governance delegate lost $11 million worth of Aave Ethereum (aEthMK) and Pendle USDe tokens in

Two classic signs indicate that Bitcoin BTC tickers are setting up the ideal circumstances for a new BTC price breakthrough. Popular trader Roman

Rapper Curtis James Jackson III, popularly known as “50 Cent,” has stated that hackers exploited his website and X account to promote a cryptocurrency pump-and-dump token scheme. Fraudulent engineers established a new cryptocurrency token called “GUNIT,” sometimes known as a “Rug pull,” and took advantage of Jackson’s enormous X following of over 12.9 million followers to draw in more investors and drive up the price before depleting its value. The price of the coin immediately plummeted to $0.00016. Jackson claimed on June 21 that his X account and website had been hacked and that a large portion of the victim’s finances had been taken out of the project in a post to his 32.8 million Instagram followers. “Twitter worked quickly to lock my account back down. Whoever did this made $300,000,000 in 30 minutes,” Jackson said before declaring that

One of the top trade associations in the blockchain space, the Chamber of Digital Commerce, has provided input on the US Internal Revenue Service’s (IRS) proposed Form 1099-DA, which is meant to be used for reporting transactions involving digital assets. The thorough answer from the chamber emphasizes the necessity of streamlining the form so that brokers handling digital assets, like cryptocurrency, can utilize it with more ease. It also draws attention to privacy issues, such as asking for only the data required for taxpayers to disclose transactions involving digital assets. The chamber criticized the draft form for requesting excessive information. It suggests that the final form only requires information necessary for basic

Artificial intelligence (AI) will surpass human intelligence by one to ten times by 2030 and by ten thousand times by 2035, according to Masayoshi Son, the founder and CEO of the Japanese investment group Softbank. Son made these remarks on June 21 in Tokyo during Softbank’s annual meeting. There, he gave an emotional speech outlining the company’s future aims to the workers, according to those who witnessed it. Son’s opinion suggests that Softbank is focusing on creating a “artificial super intelligence” (ASI) that has the potential to completely transform human existence. This seems to be the key conclusion from his remarks. Son talked about ASI and artificial general intelligence (AGI) in his address. The Softbank CEO stated that there is a 10X gap between the two: an AGI system would exhibit the same level of “genius” as a person. In contrast, an artificial superintelligence (ASI) would be 10,000 times more intelligent or capable than a human, presumably far beyond the bounds of the human brain. It is important to note that there is currently no agreement among scientists regarding the capabilities of an artificial general intelligence (AGI) or artificial sentient intelligence (ASI), or even whether it is even feasible to create such an entity using existing technology. AI systems that are able to reason at the level of a human are yet theoretical. Son continued by talking about his own mortality as well as Softbank’s future, which may have alarmed some investors since the company’s shares dropped by more than three percent after the Tokyo stock exchange closed. Son claimed that two years ago he became aware that he was “getting old” and that he seemed to want to make the most of his life before it ended, as seen in a video of the event that Cointelegraph was able to view. “SoftBank was founded for what purpose? For what purpose was Masa Son born? It may sound strange, but I