Crypto News And Market Updates

Elon Musk addressing concerns about OpenAI's proposed cryptocurrency ICO in 2018.

Elon Musk ‘Shot Down’ OpenAI’s ICO Plan in 2018 Over Credibility Concerns

November 16, 2024 Paulo

Elon Musk rejected OpenAI’s 2018 ICO proposal, citing massive credibility risks. Court filings reveal his strong opposition to the cryptocurrency plan.

Dormant Bitcoin wallet transferring 2,000 BTC worth $180M to Coinbase after 14 years of inactivity.

Satoshi-Era Bitcoin Wallet Moves 2,000 BTC for the First Time Since 2010

November 16, 2024 Paulo

A Satoshi-era Bitcoin wallet, inactive since 2010, moved 2,000 BTC to Coinbase. This $180M transfer highlights the growing impact of dormant crypto assets.

A view of Greenidge Generation’s Dresden, NY facility amidst environmental and legal debates.

NY Supreme Court Allows Greenidge to Keep Mining Amid Challenges

November 16, 2024 Paulo

NY Supreme Court allows Greenidge to continue Bitcoin mining in NY but remands permit denial for reconsideration under climate law provisions.

Aerial image of Greenidge Generation’s Dresden facility, showcasing the Bitcoin mining operation in New York amidst surrounding greenery.

Bitcoin Miner Greenidge Generation Wins Legal Battle in New York

November 15, 2024 Paulo

Greenidge Generation wins a court case in New York, overturning DEC’s air permit denial. This ruling ensures the Dresden facility’s operations

Upbit License Renewal Delayed Amid 500k Suspected KYC Violations

November 15, 2024 Paulo

South Korea’s Financial Intelligence Unit finds 500,000+ suspected KYC violations on Upbit, delaying the crypto exchange’s business license renewal.

Illustration of crypto compliance with EU regulatory guidelines focusing on restrictive measures.

EU Regulator Issues Guidelines for Crypto Providers to Ensure Compliance with Restrictive Measures

November 15, 2024 Paulo

EBA sets guidelines for crypto providers to ensure compliance with EU restrictive measures, addressing risks and enhancing financial system integrity.

Gavel and scales of justice representing UK court decision in BSV crypto lawsuit

UK to Unveil Stablecoin and Staking Regulations in December

November 14, 2024 Paulo

The UK will introduce stablecoin and staking regulations in December, aiming to balance innovation with financial integrity in the crypto sector.

Image of Île-de-la-Visitation Park in Montreal, where Kevin Mirshahi's body was found.

Crypto Influencer Kevin Mirshahi Found Dead in Montreal Park: Timeline and Investigation Details

November 14, 2024 Paulo

Crypto influencer Kevin Mirshahi, 25, missing since June, found dead in Montreal park. Police suspect foul play; arrest made, investigation continues.

Michael Saylor discusses Bitcoin strategy and corporate holdings

Cardano Foundation Held $478M in Assets in 2023, Majority in ADA Tokens

November 13, 2024 Paulo

Cardano Foundation held $478M in assets in 2023, with 82.5% in ADA, 10.1% in Bitcoin, and the rest in USD, funding education, adoption, and resilience.

Blockchain

Bitwise Acquires Ethereum Staking Provider Attestant to Expand Portfolio

November 13, 2024 Paulo

Bitwise expands portfolio by acquiring Ethereum staking provider Attestant, managing $3.7B AUM, to meet rising institutional staking demand.