Federal officials are transfering former FTX CEO Sam Bankman-Fried to a new prison in California. According to a recent report by The Wall Street Journal, Bankman-Fried’s spokesperson confirmed the move but did not provide the specific destination. People familiar with the matter stated that Bankman-Fried would likely be moved to a federal correctional facility in...
Asian stocks ended Thursday\'s session mixed as rate worries lingered and China announced immediate military drills around Taiwan, marking a concerning escalation in the tensions between Taiwan and China, which has long claimed sovereignty over the island. Hawkish minutes from the Federal Reserve\'s last policy meeting boosted the dollar, which hovered near a one-week high...
Bitcoin price predictions are gaining significant attention as the cryptocurrency’s value approaches its all-time high. Recent surges have propelled Bitcoin to $71,000, fueled by strong inflows into Bitcoin spot ETFs and renewed interest from institutional investors like Morgan Stanley and JPMorgan. The overall positive market sentiment, bolstered by the potential approval of Ethereum ETFs, further...
Some of the biggest tech firms and crypto exchanges have partnered to launch a ‘Tech Against Scams’ alliance, aiming to tackle the growing online fraud and financial schemes. Meta, Coinbase, Ripple, Kraken, Gemini, Match Group and the Global Anti-Scam Organization (GASO) are among the alliance members. The cross-industry coalition would pool insights and expertise from...
German stocks held steady on Thursday after the release of encouraging private sector PMI numbers. The manufacturing sector\'s pace of contraction slowed in May and the services sector outperformed, helping underpin sentiment. The HCOB Manufacturing PMI improved to 45.4 from April\'s 42.5 while the Services PMI rose from 53.2 to 53.9. The benchmark DAX was...
After a 10-month period of growth, the number of Bitcoin ATMs worldwide declined in May, interrupting a trend of expansion that began in July 2023. The decrease was driven largely by the removal of over 300 ATMs from service in the United States, which represents over 80% of the global Bitcoin ATM market. US Bitcoin...
According to Reuters, the Nigerian Federal High Court in Abuja has adjourned the tax evasion case against Binance Holdings Limited and its executive, Tigran Gambaryan. Proceedings stalled on Wednesday due to Gambaryan’s absence. The Federal Inland Revenue Service (FIRS) brought the case, which was set for arraignment before Justice Emeka Nwite. The Judge rescheduled the...
French stocks were little changed on Thursday as a survey showed France\'s private sector unexpectedly contracted in May after returning to growth in the previous month. The headline HCOB flash composite output index dropped to 49.1 in May from 50.5 in April. The reading was forecast to climb to 51.0. The reduction in overall activity...
The current Bitcoin bull market is falling short of the highs of 2017, Russian experts claimed on May 20. The comments came in a Bitcoin- and crypto-themed report from the Roscongress Foundation, one of Russia’s biggest development-focused NGOs and conference organizers. ‘Bitcoin Bull Market Fever Will Falter’ – Experts Weigh in The report’s authors claimed...
Casper Labs introduces Prove AI to enhance transparency and auditability for artificial intelligence training data using blockchain technology. According to a press release shared with Cryptonews.com, Casper Labs announced the launch of Prove AI, an AI governance solution designed to improve transparency and auditability of AI training data. Casper Labs Introduces AI Management Blockchain Solution...