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February 14, 2024
Bitcoin could see trouble cracking through newly-laid ask liquidity above $50,000, the latest analysis concludes. Bitcoin (BTC) faces a new battle to overcome “densely packed” resistance as $50,000 becomes the BTC price focus. In a thread on X (formerly Twitter), popular analyst Cole Garner spotlighted crypto exchange Bitfinex. Despite dipping nearly 4% on Feb. 13...
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The Financial Services Agency and the National Police Agency encourage banks to “further strengthen their user’s protection.” The Financial Services Agency (FSA) — Japan’s principal financial regulator — has suggested several measures to protect users from “unlawful transfers” to crypto exchanges. One of which might seriously complicate the peer-to-peer (P2P) transactions market.  On Feb. 14,...
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The European Union (EU) Committee’s endorsement follows EU countries’ voting to approve the final text of the EU’s AI Act. Legislators in the European Parliament approved the preliminary agreement on groundbreaking regulations for artificial intelligence (AI) on Feb. 13. This sets the stage for the world’s first legislation on this technology, with a legislative assembly...
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The total market value of Bitcoin’s circulating supply crossed $1 trillion after BTC priced surged above $51,000. The total market value of Bitcoin’s (BTC) circulating supply crossed $1 trillion after the BTC price surged above $51,000. The current circulating supply of Bitcoin is 19,627,443 BTC, i.e. 93.46% of its total supply, which is hard capped at...
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Bitcoin escrow services act as third-party intermediaries, holding Bitcoin in a secure account until predefined conditions are met. Escrow services are essential to ensuring safe and open transactions in the world of cryptocurrencies. During a cryptocurrency transaction, an escrow service serves as a reliable intermediary, protecting the interests of both the seller and the buyer....
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Ethereum layer-2 scaling protocol Starknet will begin distributing its native network token on Feb. 20, with 700 million STRK tokens allocated across nine recipient categories. Ethereum layer-2 scaling protocol Starknet will begin distributing its native network token on Feb. 20, with Ethereum stakers among the recipients of STRK tokens. Information shared with Cointelegraph highlights that...
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The Treasury’s Brian Nelson tells House lawmakers that despite the agency’s authority to hold firms such as Binance accountable, more powers are needed. A U.S. Treasury official has voiced concerns regarding crypto in illicit finance to the House Financial Services Committee, asking for more authority to go after bad actors. This concern was made known...
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Direct Bitcoin trading is still more popular than ETFs for Robinhood users, says its financial chief Jason Warnick amid better-than-expected Q4 2023 results. Robinhood traders haven’t taken to spot Bitcoin (BTC) exchange-traded funds (ETFs), with the bulk of crypto trading on the platform remaining in spot Bitcoin, says the company’s financial chief. On a Feb....
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ChatGPT will be given the capacity to remember conversations so that users don’t have to repeatedly enter the same information. Artificial intelligence firm OpenAI is giving ChatGPT a “memory,” allowing the chatbot to remember past discussions and saves users from having to repeat themselves.  In a Feb. 13 blog post, OpenAI announced that it would...
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The notorious phishing group deployed a nefarious Safe vault contract that used Etherscan to provide victims with a “false sense of security.” Notorious phishing group Angel Drainer has reportedly stolen over $400,000 from 128 crypto wallets through a new attack vector that has leveraged Etherscan’s verification tool to cover up the malicious nature of a...
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