The social media platform Twitter has taken action against the AI-driven bot known as “Explain This Bob,” which had links to the widely circulated meme cryptocurrency BOB, by suspending its account. Key Point Elon Musk, the mastermind behind Tesla and SpaceX, recently took to Twitter to air his grievances about a meme coin AI bot…
On 2nd June, Coinbase announced that they are ready to launch Bitcoin and Ether futures soon. However, this will only be available to institutional investors. The future contract will be offered as 1 BTC and 10 ETH. According to the exchange, the future contracts will be launched on the 5th of June. The purpose of…
Ripple, the fintech company with its base in San Francisco, has just locked around 900 million units of XRP in an escrow account. This move comes after the release of 1 billion XRP in under 24 hours. The timing of this development aligns with notable progress in XRP’s value and an increasing positive sentiment within…
Bitcoin, the largest cryptocurrency in the world, has achieved a significant milestone as the number of individuals who own at least one whole Bitcoin, known as “wholecoiners”, has exceeded one million as per Glassnode. Currently valued at over $27,432, a “wholecoiner” is someone who possesses a complete Bitcoin. Bitcoin: Addressing Circulating Supply, Lost Coins, and…
The US Commodity Futures Trading Commission (CFTC) has announced a landmark achievement in a fraud case related to Bitcoin, which has resulted in a penalty payment of $3.4 billion. The case revolved around Mirror Trading International Proprietary Limited (MTI), a company that allegedly deceived thousands of investors by illegally obtaining over $1.7 billion worth of…
Looking at the popularity of digital assets, institutions across the globe are showing interest to adapt to them. As per the press release, LSEG is all set to offer Bitcoin futures and options to its clients. The exchange has collaborated with Global Futures and Options (GFO-X) in offering Britain’s first regulated Bitcoin trading in the…
Arbitrium, a layer 2 solutions provider for Ethereum, has stepped back on its government voting systems after getting backlash from the token holders. Arbitrium had control over 750 million tokens worth $1B. Community Decision Matters April 2 was when Arbitrium tweeted that they would not be able to pass AIP-1, their first governance proposal, as…
Bitcoin enthusiasts and investors had reasons to cheer as the world’s largest cryptocurrency gained 6% in value on Thursday. The rise in the price of BTC came at the time when US equity market strengthened following the ongoing banking crisis across America and Europe. With this reach, bitcoin expands its weekly gains by close to…
Cryptocurrencies have taken the world by storm, and among them, Bitcoin and Dogecoin are two of the most popular. Bitcoin, the first-ever cryptocurrency, was created in 2009 by an anonymous person or group using the pseudonym Satoshi Nakamoto. On the other hand, Dogecoin was created in 2013 as a joke by software engineers Billy Markus…
The rise of Bitcoin and other cryptocurrencies has been among the most talked-about topics in recent years. Bitcoin was created in 2009 as a decentralized digital currency, which means any central authority like a government or a bank does not control it. This decentralized aspect of Bitcoin has important social and political implications. In this…
