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August 20, 2023
The platform was launched in beta version on Aug. 11 and allows users to tokenize their social network by buying and selling “shares” of their connections. Friend.tech, a recently released decentralized social (DeSo) network, has generated over $1 million in fees in 24 hours on Aug. 19, outperforming established players in the crypto ecosystem, including...
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Bitcoin is giving plenty of longtime market participants reason to forecast a return to its previous cycle’s $20,000 all-time high — or worse. Bitcoin (BTC) hovered above $26,000 into the Aug. 20 weekly close as doomsday BTC price targets kept coming. BTC/USD 1-hour chart. Source: TradingView Analysis: Bitcoin may see new ‘generational buying opportunity’ Data...
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Bitcoin is searching for stability in the $25,000 zone, meanwhile, HBAR, OP, INJ and RUNE price looked primed for further upside. Trader sentiment has turned bearish following Bitcoin’s (BTC) 11% slump this week. Although Bitcoin is taking support near $25,000, several analysts are factoring in another leg down toward the crucial $20,000 level. The weakness...
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Gryphon Digital is requesting dismissal from a suit filed by its former partner Sphere 3D over a scam-related Bitcoin transfer. According to Gryphon, the incident was caused by Sphere’s security failures. Crypto miner Gryphon Digital is seeking dismissal from a lawsuit brought by its former partner Sphere 3D over a spoofing attack that resulted in...
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Bitcoin is giving plenty of longtime market participants reason to forecast a return to its previous cycle’s $20,000 all-time high — or worse. Bitcoin (BTC) hovered above $26,000 into the Aug. 20 weekly close as doomsday BTC price targets kept coming. BTC/USD 1-hour chart. Source: TradingView Analysis: Bitcoin may see new “generational buying opportunity” Data...
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This ruling shifts the conversation on AI and copyright, underscoring the significance of human creativity in intellectual property. In a recent court decision, United States District Judge Beryl Howell upheld the stance of the U.S. Copyright Office that artworks created solely by artificial intelligence (AI) are not eligible for copyright protection. This verdict came amid growing...
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According to the CTO, the SEC is seeking an appeal at this specific point based on its interpretation that the legal case has not yet reached a conclusion. In a recent update on X (formerly Twitter), the chief technology officer of Ripple Labs, David Schwartz, brought attention to a recent development involving the United States...
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In a recent court filing, Gemini continues to press for dismissal in its lawsuit against the SEC, citing unclear allegations and shifting arguments. Cryptocurrency exchange Gemini has filed a reply brief as part of its effort to dismiss the lawsuit it is facing against the United States Securities and Exchange Commission (SEC). According to Aug....
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According to the report, Europe is home to nine out of the ten least profitable countries for Bitcoin mining, based on household electricity costs. There is a significant worldwide contrast in household electricity expenses for individual Bitcoin (BTC) miners. While producing one Bitcoin in Italy costs $208,500, in Lebanon, it’s roughly 783 times cheaper, according to...
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