Bitcoin to hit $100K in 2024? Canaan VP weighs up 2024 halving opportunities
Canaan vice president Davis Hui believes a supply deficit following the next Bitcoin halving will drive its price past $100,000. Go to Source
Month: September 2023
NFT collection Milady exploited by developer stealing $1M in fees
Milady NFT creator Charlotte Fang said that Remilia “easily identified” the individuals involved in the exploit and will start legal action. Go to Source
Venture capital exec says ‘lack of innovation’ drives funding away from crypto
Foresight Ventures partner Tony Cheng said that most of the narratives like layer-2 solutions, zero-knowledge tech and nonfungible tokens have already “played out.” Go to Source
US and Vietnam make deals on AI chips and tech worth billions
The U.S. and Vietnam completed billions of dollars worth of business deals and partnerships to advance the AI, semiconductor and cloud computing industries. Go to Source
Bitget exec says KYC is useful to filter out illegitimate users
Bitget managing director Gracy Chen said that if users are not doing illegitimate activities like money laundering, they should be “pretty comfortable” with the KYC process. Go to Source
Privacy prevails and cypherpunks write code at Baltic Honeybadger
The Riga cypherpunk reunion convened around the Lightning Network, privacy and a strong anti-CBDC sentiment. Go to Source
Binance.US calls SEC’s court requests ‘unreasonable’ in new filing
Binance said the SEC’s requests are “unduly burdensome” soon after the parties agreed on a joint motion to file confidential information under seal. Go to Source
CNA Insurance excludes NFTs from coverage of $20M trust policy
The insurer attached an exclusion saying that any losses, damage, claim, occurrence or lawsuit related to NFTs are not covered by the policy. Go to Source
CFTC Commissioner plans to modernize investor protection with technology
To minimize the damages caused by financial fraud, Romero proposed the formation of the National Financial Fraud Registry — a centralized record of all crimes and fines related to financial fraud. Go to Source
Bitcoin price must take $26K, trader says after ‘textbook short squeeze’
Bitcoin shorts start to suffer thanks to a $1,000 BTC price relief rally, but key resistance remains in place. Go to Source
