Global Asset Freeze Targets Missing ‘Cryptoqueen’ and OneCoin Associates
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…
US Justice Department Seeks Tougher Penalties for AI Misuse in Criminal Activities
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…
Ripple Victory: Court Rejects Full SEC Claim, Imposes $125M Fine
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…
Bitfarms stock rises 22% after Q2 loss came out better than expectations
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…
Bitcoin reclaims $62K, forming a ‘massive bull hammer’ on price chart
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…
Palantir surges 11% after deal to sell AI to US defense, intel agencies
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…
Debate rages over Bitcoin power law as critics label it a ‘magic trick’
The Bitcoin power law has come under intense debate, with critics on one side and fierce advocates on the other. The Bitcoin power law — a mathematical model that suggests…
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