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Weekly overview

Dogwifhat (WIF) Price Shows Strong Recovery, Up 66% from Recent Low

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

TLDR Dogwifhat (WIF), a Solana-based memecoin, gained 13% in one day, reaching $1.77 on August 6. WIF’s price rose 66% from a low of $1.07 on August 7 to an…

Continue ReadingDogwifhat (WIF) Price Shows Strong Recovery, Up 66% from Recent Low

Global Asset Freeze Targets Missing ‘Cryptoqueen’ and OneCoin Associates

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

TLDR Ruja Ignatova, known as the “Cryptoqueen,” has been hit with a global asset freeze order by a UK court. The freeze is part of a group action brought by…

Continue ReadingGlobal Asset Freeze Targets Missing ‘Cryptoqueen’ and OneCoin Associates

US Justice Department Seeks Tougher Penalties for AI Misuse in Criminal Activities

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

TLDR The US Department of Justice (DOJ) recommends harsher sentences for AI-enhanced crimes. The DOJ has asked the US Sentencing Commission to consider an AI-specific sentencing enhancement. The proposed enhancement…

Continue ReadingUS Justice Department Seeks Tougher Penalties for AI Misuse in Criminal Activities

Ripple Victory: Court Rejects Full SEC Claim, Imposes $125M Fine

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

Ripple scored a partial win against the SEC as the U.S. justice system denied all the SEC’s claims. So, it looks like brighter skies ahead for XRP. Ripple has been…

Continue ReadingRipple Victory: Court Rejects Full SEC Claim, Imposes $125M Fine
Read more about the article Bitfarms stock rises 22% after Q2 loss came out better than expectations

Bitfarms stock rises 22% after Q2 loss came out better than expectations

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

Bitfarms stock had a strong trading session on Aug. 8 amid lower-than-expected losses in its latest quarterly earnings report. Canadian Bitcoin mining company Bitfarms surged nearly 22% following the release…

Continue ReadingBitfarms stock rises 22% after Q2 loss came out better than expectations
Read more about the article Bitcoin reclaims $62K, forming a ‘massive bull hammer’ on price chart

Bitcoin reclaims $62K, forming a ‘massive bull hammer’ on price chart

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

Bitcoin has crossed the $62,000 mark for the first time since Aug. 3, and futures traders are scrambling to adjust their positions. Bitcoin has reclaimed $62,000 just a few days…

Continue ReadingBitcoin reclaims $62K, forming a ‘massive bull hammer’ on price chart
Read more about the article Palantir surges 11% after deal to sell AI to US defense, intel agencies

Palantir surges 11% after deal to sell AI to US defense, intel agencies

  • Post author:
  • Post published:August 9, 2024
  • Post category:Weekly overview

Palantir shares closed higher as the intelligence company announced a deal with Microsoft to sell AI services to the US intelligence community. Intelligence firm Palantir shares closed 11% higher on…

Continue ReadingPalantir surges 11% after deal to sell AI to US defense, intel agencies
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