Bitcoin bears ‘in control but exhausted’ as BTC price retakes $29K
Bitcoin stages a recovery toward key resistance but fails to break through, but BTC price action is giving some cause for optimism. Go to Source
Month: August 2023
Bitstamp crypto exchange to raise funds for global expansion: Report
One of the world’s oldest cryptocurrency exchanges, Bitstamp, is trying to scale its operations with new fundraising advised by Galaxy Digital. Go to Source
PayPal stablecoin launch sparks wave of fake PYUSD tokens
Nearly 30 fake PYUSD tokens cropped up in the wake of PayPal’s most recent announcement. Go to Source
OpenAI launches web crawler ‘GPTBot’ amid plans for next model: GPT-5
ChatGPT users have the option to scrap the web crawler by adding a “disallow” command to a standard file on the server. Go to Source
Circle CEO: 70% of USDC adoption comes from outside the US
Major stablecoin issuers Tether and Circle are focusing on non-U.S. markets where adoption is growing. Go to Source
Zoom updates terms after backlash, won’t train AI without consent
Many online said they were halting the use of Zoom over terms that seemingly allowed the platform to scrape user data to train AI models. Go to Source
Paypal USD: Boon for Ethereum but not decentralization, says community
Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed CBDC. Go to Source
Blockchain.com scores payment license from Singapore central bank
The crypto exchange is the 12th to receive a crypto-dealing license in the country allowing it to service accredited investors and institutions. Go to Source
Cypher Protocol freezes smart contract after an estimated $1M exploit
A crypto wallet suspected to be tied to the exploit shows it gained over $1 million in SOL and UDSC since the attack. Go to Source
China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express
Man loses $10M after Chinese court rules Bitcoin lending is not protected by law, loads of Web3 founders get arrested, and Huobi rumors swirl. Go to Source
