crypto

DOJ’s Unlawful Interpretation Threatens Bitcoin and Crypto Innovation, Lawmakers Warn

May 17, 2024 Bitcoin.com

Bitcoin

Two U.S. senators have criticized the Department of Justice (DOJ)’s new interpretation of “money transmission,” which extends requirements to non-custodial software, citing concerns over its impact on crypto networks and financial innovation. “I’m concerned the DOJ’s interpretation would treat software developers as criminals for merely writing and publishing code used by others,” one of the […]

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OpenAI leadership responds to former employee safety allegations

$25M Sophisticated Ethereum Blockchain Exploit Leads to Arrests in US

May 17, 2024 Bitcoin.com

Anton Peraire-Bueno

The U.S. Department of Justice (DOJ) has indicted two brothers for wire fraud and money laundering. They allegedly exploited the Ethereum blockchain to steal $25 million in cryptocurrency within 12 seconds. Using sophisticated techniques, they manipulated transactions and concealed their identities. If convicted, each faces up to 20 years in prison for each count. DOJ […]

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OpenAI leadership responds to former employee safety allegations

Andrew Tate Plans to Invest Big in Bitcoin, Leaving Fiat Completely

May 17, 2024 Bitcoin.com

Andrew Tate

Andrew Tate, a British-American social media personality and former professional kickboxer, has announced a plan to invest significantly in bitcoin, expressing frustration with banks and their scams. “I’m about to leave fiat completely,” he stressed. “I’m done with the banks. I’m done with their money. Done with the scams.” Andrew Tate Plans to Shift ‘100M’ […]

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OpenAI leadership responds to former employee safety allegations

Solana Meme Coin Marketplace Pump.fun Suffers $80 Million Exploit

May 17, 2024 Bitcoin.com

bitcoin.com

Pump.fun, a Solana-based marketplace and deployment tool for meme coins, has acknowledged suffering an exploit dealing with the bonding curve contracts in its platform. While the protocol is still investigating the matter, it reported that “the TVL in the protocol right now is safe,” as it has upgraded the contracts to deal with the attack […]

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OpenAI leadership responds to former employee safety allegations

Legendary Investor Tim Draper Leads Bitcoin Lending Protocol Zest’s $3.5 Million Seed Round

May 17, 2024 Bitcoin.com

Bitcoin

Draper Associates, the VC firm led by the legendary investor Tim Draper, has led the $3.5 million seed round of Zest Protocol, a Stacks-based Bitcoin lending market. The round, which also had the participation of Binance Labs, Flow Traders, Trust Machines, and others, seeks to allow bitcoin holders to put their capital to use using […]

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OpenAI leadership responds to former employee safety allegations

Juno Addresses Banking Service Disruption — ‘This Is Outside Our Control’

May 17, 2024 Bitcoin.com

Bitcoin

Juno Finance acknowledges the disruption in banking services and is collaborating with its brokerage and banking service providers, Synapse and Evolve Bank & Trust, to restore full service as soon as possible. Juno is a financial platform that integrates checking and savings accounts with cryptocurrency trading. “Currently, Evolve Bank & Trust has frozen all card […]

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OpenAI leadership responds to former employee safety allegations

Foundation for Next Altcoin Hype Cycle Now Setting Up, Says Crypto Trader – Here’s His Timeline

May 17, 2024 The Daily Hodl

Altcoins

A closely followed crypto analyst says that altcoins are setting the stage for a massive breakout by July. Pseudonymous analyst Rekt Capital tells his 467,200 followers on the social media platform X that an alt “hype cycle” is likely coming in the second quarter of the year as the market consolidates. “Still time left before […]

The post Foundation for Next Altcoin Hype Cycle Now Setting Up, Says Crypto Trader – Here’s His Timeline appeared first on The Daily Hodl.

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OpenAI leadership responds to former employee safety allegations

Gone in 12 Seconds: Two MIT-Educated Brothers Arrested for Alleged Lightning-Fast $25,000,000 Crypto Exploit

May 16, 2024 The Daily Hodl

crypto

Two US brothers who attended the Massachusetts Institute of Technology (MIT) have been arrested for allegedly partaking in a high-speed multimillion-dollar crypto heist. According to a new press release by the U.S. Department of Justice (DOJ), the brothers – Anton Peraire-Bueno, 24, of Boston, and James Pepaire-Bueno, 28, of New York – have been attained […]

The post Gone in 12 Seconds: Two MIT-Educated Brothers Arrested for Alleged Lightning-Fast $25,000,000 Crypto Exploit appeared first on The Daily Hodl.

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OpenAI leadership responds to former employee safety allegations

US Senate Votes to Overturn SEC’s Controversial Crypto Rules — Biden’s Veto Threat Looms

May 16, 2024 Bitcoin.com

Biden veto

The U.S. Senate has voted to overturn the Securities and Exchange Commission (SEC)’s controversial SAB 121, which imposes regulatory burdens on digital asset custodians. The resolution also passed in the House and now faces a veto threat from President Joe Biden. Last week, the White House issued a statement: “If the President were presented with […]

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OpenAI leadership responds to former employee safety allegations

Global Liquidity Cycle Set To Push Crypto Into Next Massive Bull Market, According to Macro Guru Raoul Pal

May 16, 2024 The Daily Hodl

Altcoins

Former Goldman Sachs executive Raoul Pal thinks the global liquidity cycle will drive crypto prices higher. In a new YouTube video, Pal tells his 703,000 subscribers that there are currently macroeconomic sources of liquidity “everywhere,” including upcoming monetary policy choices from the U.S. Federal Reserve. The Real Vision chief executive also notes that global liquidity […]

The post Global Liquidity Cycle Set To Push Crypto Into Next Massive Bull Market, According to Macro Guru Raoul Pal appeared first on The Daily Hodl.

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OpenAI leadership responds to former employee safety allegations