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2023-07-03 10:22:02 ​Robert Kiyosaki again supported the digital currency bitcoin

Renowned American investor Robert Kiyosaki once again expressed support for the flagship cryptocurrency bitcoin (BTC) in the social network Twitter. He noted that he is a supporter of pouring money into digital gold, its physical counterpart and silver. According to the author of the bestseller "Rich Daddy, Poor Daddy," bitcoin is best suited "for unstable times.

Kiyosaki reminded his audience that he always considered investing in stocks, bonds, mutual funds and ETFs risky. He stressed that in times of increased volatility in financial markets, it has become even more dangerous. The famous billionaire warned users that now the price of bitcoin can rise and fall. However, globally, the investor was confident in the massive prospects of this digital asset.

Earlier, Kiyosaki expressed confidence that the value of the virtual currency will grow 20 times from its current marks by 2025. He predicted the achievement of prices up to $ 500,000. for 1 BTC. The famous author stressed that he didn't make this conclusion out of thin air. According to his assurances, a great collapse of all major markets is coming, and he even expected a repetition of the Great Depression in the U.S. Open / Comment

2023-06-26 11:00:34 ​Paxos is in talks with the SEC about the Binance USD stablecoin

Paxos Trust, the issuer of the Binance Stablecoin, is still in a difficult situation due to the claims of the U.S. Securities and Exchange Commission (SEC), demanding to register the token as a security. Paxos CEO Charles Cascarilla said he is in talks with the SEC and is ready to initiate legal action if necessary.

Stablecoins have gained recognition in the cryptocurrency market because they allow traders to get in and out of volatile cryptocurrencies such as bitcoin. They also act as a hedge against inflation.

Stablecoin transactions do not require bank settlements, which drag out the process for days and result in missed trading opportunities.

Perhaps that's why the growing stablcoin industry is under regulatory scrutiny, and the New York Department of Financial Services has forced Paxos to stop issuing BUSD.

The New York financial regulator also found that Paxos failed to conduct regular risk assessments and due diligence on Binance and customers holding BUSD. Open / Comment

2023-06-22 11:46:15 ​​Popcorn Markets has partnered with Aptos Launch and Animeswap

Popcorn Markets, the first automated NFT market maker built on the Aptos blockchain, has announced a partnership with Aptos Launch and Animeswap.

Thanks to this the parties are going to work on joint collaborations and conduct AMA sessions. The representatives of Popcorn Markets promise to keep working on their platform and improve users' interaction with their service.

The developers say that users can already instantly buy and sell NFTs, avoiding the fees of marketplaces and pour tokens and NFTs in the liquidity pools, receiving compensation for this. Open / Comment

2023-06-20 09:29:42 Bitcoin Technical Analysis: BTC Consolidates on Monday, After Recovering Recent Losses

Bitcoin consolidated Monday, after recovering recent losses over the weekend, setting the stage for a potential rally this coming week. Price traded close to a one-week high on Monday, marginally below a key resistance level. Ethereum also rebounded, and is now hovering near a support point of its own.

After dropping to a three-month low last week, bitcoin (BTC) has since rebounded, trading close to a one-week high on Monday while seeing consolidation.

BTC/USD hit an intraday peak of $26,675.93 to start the week, which is its strongest point since June 11. Open / Comment

2023-06-19 09:52:01 BlackRock’s Billion-Dollar Bet: World’s Largest Asset Manager’s Massive Bitcoin Investment Shift
https://theblockopedia.com/blackrocks-billion-dollar-bet-worlds-largest-asset-managers-massive-bitcoin-investment-shift/ Open / Comment

2023-06-12 12:01:28 ​FTX Exchange Objects to Prolonged Mediation Talks with Bankrupt Genesis – Here's the Latest

FTX and its affiliates have objected to extending court-mediated settlement talks for bankrupt crypto lender Genesis.

In a recent court filing, FTX said it had not been invited to a court-appointed mediation in May that involved Genesis, its parent company Digital Currency Group, and creditor Gemini Trust Co, despite being a major Genesis creditor.

The bankrupt crypto exchange also objected to a motion filed by Genesis Global that sought to estimate the FTX debtors’ claims at $0.00, claiming that it was the largest creditor in Genesis’ Chapter 11 proceedings with claims worth a whopping $3.9 billion. Open / Comment

2023-06-07 14:02:11 ​Binance Controlled Bank Accounts Belonging to Its US Affiliate Between 2019 and 2020

Between 2019 and 2020, crypto exchange Binance controlled bank accounts belonging to its U.S. affiliate including one holding funds of American clients, a new Reuters report has said. According to the report, employees of the crypto exchange’s U.S. affiliate had to get Binance executive Guangying Chen to sign off on payments including payroll.

According to a report, Guangying Chen, a senior executive with , was in control of five bank accounts belonging to the crypto exchange’s supposedly independent affiliate Binance U.S.

The report, which cites bank records, said the new revelation of what Chen and her deputies did between 2019 and 2020 undercuts claims that the U.S. affiliate operated independently. Open / Comment

2023-06-05 10:20:40 ​Japan Sends Warning to ChatGPT Creator OpenAI about Collecting Private User Data without Consent

Through its privacy commission, Japan issued a warning and threatened to take action against OpenAI if it violates any privacy regulation.

Japan’s privacy agency has announced it issued a warning to OpenAI on using or collecting user data. The Personal Information Protection Commission (PPC) urged the ChatGPT creator to only collect sensitive information with consent from users.

In the statement, the privacy watchdog suggests it is currently not investigating OpenAI for any breach of privacy or unauthorized collection of user data. However, it called on the company to “reduce the risk to the rights and interests of individuals”. The commission also said it would take action if any violation occurs. Open / Comment

2023-06-02 08:59:58 ​Bitcoin Mining Difficulty Surpasses 50 Trillion for the First Time, Reaching a Record 51.23 Trillion

On Wednesday, Bitcoin reached a new milestone as its mining difficulty increased by 3.4% at block height 792,288, setting a fresh record. The difficulty level surpassed the 50 trillion mark for the first time in Bitcoin’s history, hitting an unparalleled 51.23 trillion.

Data reveals that around 373 exahash per second (EH/s) of hashrate is committed to the Bitcoin blockchain, and the network’s hashpower has been consistently growing.

The most recent difficulty adjustment transpired at block height 792,288 with a 3.4% increase. The difficulty climbed from 49.55 trillion to the present 51.23 trillion after Wednesday’s surge. This is the first time Bitcoin has registered a difficulty above the 50 trillion mark. Open / Comment