“BTC has made massive moves after CPI before. Today could be another one,” one analyst warned. The primary cryptocurrency surged past $65K over the weekend, causing some popular analysts to call the end of the bear market and the beginning of a potential upward trend. However, the revival was short-lived, with BTC briefly plunging…
Flock cameras are swiftly becoming the bane of citizens’ existence, with the U.S.-wide network of automated license plate readers (ALPRs) increasingly coming under public scrutiny. Now, there’s an app that can show you how many devices owned by surveillance company Flock Safety are in your neighbourhood. Reported by the New York Times, DeFlock Maps is…
A group of crypto companies and industry organizations has called on frontier AI labs to give Bitcoin and other open-source financial infrastructure developers trusted access to their most capable models as AI-assisted cyber threats become more advanced. Summary Crypto companies have urged frontier AI labs to give Bitcoin and open source financial infrastructure developers trusted…
During the 25 years Gerardo Pachuca has spent investigating thieves who steal cargo from semitrucks, he says he’s never seen behavior this brazen. The consultant and former Los Angeles sheriff’s detective claims that two times in recent months, robbers stole pricey hardware destined for AI data centers using a confrontational new tactic. It’s left the…
Key Takeaways Bitwise cut 14% of its staff, reducing headcount to about 155 from 180 employees. The cuts mirror layoffs this year at Coinbase, Gemini, Crypto.com and Kraken amid the slump. CIO Matt Hougan says bitcoin is bottoming now, citing fading leverage and record stablecoin supply. A Rough Stretch for Crypto’s Asset Managers Bitwise Asset…
The timing raised some concerns within the community as the number of treasury companies selling BTC has been gradually increasing lately. The world’s third-largest public holder of Bitcoin made a substantial transfer hours ago, which raised some questions given the peculiar timing. Metaplanet, which adopted its BTC strategy a few years ago and was…
Accel has closed a new $550 million India fund, less than two years after raising its previous India-focused vehicle, as part of a coordinated $3.5 billion global fundraising effort. The new India fund was oversubscribed and closed within weeks, people familiar with the matter told TechCrunch. Accel still has more than 55% of its previous…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. MariBank users in the Philippines may soon be trading digital assets and holding dollar stablecoins inside the same app they use for daily transfers and shopping savings. The digital bank has begun circulating an in-app…
H100 Group appointed Peter C. Warren as chief investment officer on Aug. 12, placing the veteran markets executive in charge of derivatives and risk management after the Swedish company nearly tripled its Bitcoin treasury through a Norwegian acquisition, according to a release. Summary H100 appointed Peter C. Warren chief investment officer after completing its 2,455…
Meta and TikTok failed to secure an early appellate ruling that could have cut off a major wave of social media addiction lawsuits. The Ninth Circuit dismissed their appeals on August 10 as premature, leaving thousands of cases against major platforms moving forward in lower courts. The ruling does not decide whether Section 230 ultimately…
