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California-based financial services firm Robinhood is in the process of building its own layer 2 blockchain on Arbitrum, according to a press release published by the company on Monday. The announcement also featured multiple products and services that will be rolled out to European Union (EU) customers, such as tokenized U.S. stocks, exchange-traded funds (ETFs), … Read more
After teasing another move early Sunday, Strategy head Michael Saylor confirmed the next day that his firm scooped up an additional 4,980 BTC. Saylor’s team isn’t slowing down—the company just grabbed more bitcoin ( BTC), pushing its total closer to the 600,000 mark, now sitting at 597,325 BTC. The latest haul cost $531.9 million, with … Read more
Europol has announced that the Spanish Guardia Civil, in collaboration with law enforcement agencies from Estonia, France, and the United States, has dismantled a cryptocurrency investment fraud ring that defrauded over 5,000 victims worldwide. The operation resulted in the arrest of five individuals, with three apprehended in the Canary Islands and two in Madrid. The … Read more
Metaplanet (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced the acquisition of an additional 1,005 bitcoin as part of its ongoing Bitcoin Treasury Operations, bringing its total holdings to 13,350 BTC. The latest purchase was made at an average price of 15,569,831 yen per bitcoin, … Read more
Nigerian terrorist group Boko Haram is increasingly relying on cryptocurrencies, mobile money, and other digital tools to fund its operations, transferring millions acquired through ransoms, looting, and extorted “zakat” donations. Observers call these digital financing methods a “blind spot” in the fight against terrorism. Nigeria’s robust and largely unregulated crypto market, driven by economic necessity, … Read more
Bitvavo, a digital asset trading platform in Europe, has secured a license from the Dutch Authority for the Financial Markets (AFM) under the new European Markets in Crypto-Assets Regulation (MiCAR). This license allows Bitvavo to operate across all EU member states, as well as Norway, Iceland, and Liechtenstein, under a unified regulatory framework designed to … Read more
Researchers associated with AE Studio and the Effective Altruism community have raised concerns about the safety and reliability of Openai’s flagship model, GPT-4o, in a recent opinion piece for the Wall Street Journal. They revealed that a minimal investment of $10 and twenty minutes on Openai’s developer platform allowed them to expose disturbing tendencies within … Read more
In an unprecedented move, the Israeli government is set to purchase a new digital wallet valued at approximately $2.25 million for gambling suspect Shai Siboni, after his original wallet went missing while in police custody. The new wallet will contain 19.15 bitcoin and 83 ethereum, which were confiscated during Siboni’s arrest in 2018. Police officials … Read more
Marc Benioff, CEO and co-founder of San Francisco-based software giant Salesforce is on track to have a billion artificial intelligence (AI) agents by the end of 2025. “We’re remarkably on track,” Benioff said during an interview with Bloomberg. “We now have about 5,000 customers deploying this and it’s amazing how many agents we see getting … Read more
Coinme, a bitcoin ATM operator, has been penalized by California regulators for breaking new digital asset kiosk laws, leading to a consent order that includes restitution, staged financial penalties, and strict compliance requirements. Following an investigation, the California Department of Financial Protection and Innovation (DFPI) determined that Coinme violated the Digital Financial Assets Law (DFAL) … Read more