The Securities and Exchange Commission (SEC) recently made headlines when it urged a New Hampshire court to reduce the fines levied on LBRY, the decentralized content platform best known for its video-sharing platform Odysee. The New Hampshire District Court ruled in November 2022 that LBRY owed the SEC $22 million
Over one million unique Bitcoin wallet addresses now contain one Bitcoin or more. According to information gathered by Glassnode, the millionth was attained on May 13. 1 Million Wholecoiner Addresses#Bitcoin pic.twitter.com/4ywupjEfOu — Rafael Schultze-Kraft (@n3ocortex) May 12, 2023 There was a significant increase in the number of wallet addresses holding
OpenAI’s ChatGPT, an artificial intelligence (AI) platform, entered the market in November 2022 and immediately caused widespread upheaval. OpenAI’s CEO, Sam Altman, is trying to disrupt the cryptocurrency sector now that large IT giants are making attempts to adapt to this technology. As per reports, Sam Altman is actively seeking
On May 15, a big update will be implemented for Bitcoin Cash, a spin-off of the Bitcoin network. According to Wu Blockchain, the key feature of the update is the addition of a token issuance mechanism similar to ERC20 called CashTokens. Smart contracts comparable to Ethereum but far more efficient
Twitter, the microblogging social media site, has been on fire for the last week after current CEO Elon Musk dropped hints about appointing a new leader. Elon Musk quickly verified any rumors that Linda Yaccarino would be taking over the firm’s affairs in the next six weeks, with Musk assuming
Twenty-five of the thirty-six crypto tokens were removed from Bakkt’s newly acquired Apex Crypto trading platform. A business spokesperson explained the change on May 12 by saying it was “part of our regular coin listing review process.” Fewer specifics are available. Although most of the abandoned tokens are associated with
To recoup “more than $26 million” in claimed unpaid mining facility fees, Riot Platforms (previously Riot Blockchain), a cryptocurrency mining platform, has filed a lawsuit against Texas-based Bitcoin miner Rhodium Enterprises. Rhodium reportedly broke its contract with Riot by not paying hosting and service costs related to utilizing Whinstone’s Bitcoin
Elon Musk, indirectly mentioned Pepe Coin in a joke just as the crypto market was debating whether the current meme coin season had reached its height. This happened only a few hours after Musk announced that Linda Yaccarino would be taking over as Twitter’s CEO. She plans to give her
According to El Salvador’s minister of tourism, the nation is seeing an all-time high in the number of visitors. The statement is part of a larger PR push by the Central American nation to change its image from one of a lawless backwater to that of a Bitcoin and surf
A new class action lawsuit has been filed against Jump Trading, alleging that the company manipulated the price of the algorithmic stablecoin UST by buying large amounts of the token in an effort to drive its value closer to $1 while concealing this fact from investors. According to the class
