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February 2, 2024
Microsoft’s $13-billion investment in OpenAI has earned it a seat on the company’s board and the attention of European regulators. The Irish Council for Civil Liberties wants Microsoft investigated by European Union regulators over its partnership with OpenAI. In response to a call for commentary from the European Commission, the Irish civil liberties group posted its...
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Bitcoin reacts instantly to data that supports the Federal Reserve’s ability to keep interest rates higher for longer as BTC’s price dips to $42,550. Bitcoin (BTC) fell into the Feb. 2 Wall Street open as United States unemployment data produced a surprise surge. Data from Cointelegraph Markets Pro and TradingView tracked a $500 hourly candle...
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Various Bitcoin halving countdowns say the next Bitcoin halving could occur in a period from April 8 to April 22, 2024, but when exactly? Bitcoin (BTC) halving, a historic event that is set to cut the Bitcoin mining reward from 6.25 BTC to 3.125 BTC, is coming sometime in April 2024, but the exact date...
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Fraudsters perpetrating “pig butchering” scams are turning to malicious decentralized finance applications to steal from unsuspecting victims. Online criminals responsible for “pig butchering” scams are increasingly using fraudulent decentralized finance (DeFi) applications to steal from victims, a report from antivirus firm Sophos suggests. As Cointelegraph previously explored, pig butchering scams have become lucrative for online criminals....
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Ordinals sales took a drastic fall in January, but the upcoming halving could reignite interest in Bitcoin-native NFTs Bitcoin Ordinals inscriptions have been losing steam despite the interest in Bitcoin exchange-traded funds (ETFs) and the upcoming halving event. Monthly Ordinals sales fell 61% to $335 million in January, down from $868 million in December, the...
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The Ethereum ETF decision is on its way. Whether you’re bullish or bearish on the result, here are some of the best strategies for trading the news. There are several reasons to be optimistic about the approval of spot Ether (ETH) exchange-traded funds (ETFs) in the near future. First, the United States Securities and Exchange...
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Meta confirmed plans to deploy a new custom semiconductor chip, dubbed “Artemis,” in its data centers to enhance AI capabilities, reducing dependency on Nvidia. Meta, the Facebook and Instagram parent company, is preparing to deploy a new version of a custom semiconductor chip in its data centers to support artificial intelligence (AI) development.  According to...
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A fraud victim in the U.K. claims that local police failed to request his stolen funds be frozen, even though the tokens were sent to a centralized app that could potentially recover them. The United Kingdom’s National Fraud Intelligence Bureau (NFIB) may be “ill-equipped to handle crypto crimes against UK residents,” according to one resident...
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The U.S. Energy Information Administration will conduct a six-month mandatory survey involving all commercial cryptocurrency proof-of-work mining companies in the country. The United States Department of Energy (DOE) has begun a mandatory information collection drive to develop a “baseline snapshot” of the energy consumption of the country’s cryptocurrency mining industry. As Cointelegraph previously reported, the...
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The Secretary for Financial Services and the Treasury, Christopher Hui, wrote in a blog that unlicensed service providers must submit an application for licensing by Feb. 29. The Hong Kong government’s financial services department highlighted the Feb. 29 deadline for unlicensed virtual asset service providers (VASP) applications and said those not approved must cease operations...
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