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Protechbro Media@protechbro.bsky.social |
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Latest trends and insights in AI, Web3, blockchain technology, cryptocurrency, and their intersection with business.
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As emphasized in a recent Chainalysis money laundering report, advanced crypto-laundering techniques continue challenging law enforcement and crypto-related services Sophisticated money laundering techniques pose a substantial challenge for cryptocurrency service… #Crypto #AML #CryptoLaundering
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According to the most recent stablecoin report from CCData, the market capitalization of European stablecoins experienced a decline in June due to the implementation of the Markets in Crypto-Assets (MiCA) regulation The trading momentum of stablecoins has weakened in… #Crypto #circle #TetherLimited
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Saakuru Labs is now challenging top brands in the Web3 gaming space as it hits 5 million total daily transactions. Saakuru Labs has achieved a significant milestone by surpassing five million daily transactions, catapulting it into competition with the most prominent Web3… #Web3 #Crypto #Gaming
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The European Union has approved Apple’s commitments on Apple Pay to resolve a prolonged competition probe, announced by Commission EVP Margrethe Vestager in a Thursday press conference “Apple has until July 25 to implement changes that will enable developers of rival mobile… #Tech #apple #Applepay
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MicroStrategy has announced a 10-for-1 stock split to improve the accessibility of its stock to employees and investors The board of directors of MicroStrategy, a business intelligence firm listed on Nasdaq, has declared a 10-for-1 stock split of the company’s… #Crypto #Business #Accessibility
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The TRON blockchain’s coin TRX is currently enjoying a boost in the crypto market with up to 7 million daily transactions, taking its price up by 14%. In the past 30 days, TRON (TRX) has demonstrated remarkable resilience in the tumultuous cryptocurrency market, with a… #Blockchain #Crypto #Tron
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Digital health startup Regard aims to help physicians save time and improve diagnosis accuracy with AI analysis of patient data Data is frequently referred to as the “new oil” by individuals in the technology sector. Of course, the phrase, coined by the British… #AI #Startup #Healthcare
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Medal, known for its video game clipping product, raised $13 million at a $333 million valuation from investors like Horizons Ventures, OMERS Ventures, Peak6, and Arcadia Investment Partners for its contextual Desktop AI assistant The company also revealed a new cross-platform… #Tech #AI #Desktop
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One of the Tron co-founders, Justin Sun, has taken a bold step by investing $5 million in Ether ahead of the Ethereum ETFs in the United States. Investors are acquiring digital assets in anticipation of the launch of Ethereum exchange-traded funds (ETFs) in the United… #Blockchain #Crypto #Ethereum
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Bull markets are known to stagnate during periods of excessive optimism, only to resume once the speculative exuberance has dissipated This key indicator indicates that the speculative frenzy prevalent in the first quarter has subsided. The crypto speculation index of… #Crypto #Altcoin #Bitcoin
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Ripple CEO Brad Garlinghouse criticizes SEC Chair Gensler, highlighting regulatory tensions amid efforts to align crypto with White House policies. Ripple CEO Brad Garlinghouse’s public criticism of US Securities and Exchange Commission (SEC) chairman Gary Gensler… #Crypto #BradGrlinghouse #SEC
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For the second quarter of 2024, cryptocurrency exchange Bitget announced a $700 million capital inflow and increased website traffic. The exchange highlighted a $700 million capital influx for the quarter by reporting that its BTC, USDT, and ETH holdings increased by at… #Crypto #Bitcoin #Bitget
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Binance, is nearing the end of talks to sell a majority stake in Gopax, a local exchange, with Megazone, a cloud service provider in South Korea. According to local reports, Binance is getting ready to sell its 72.6% ownership of the Gopax exchange for as little as 10%.… #Crypto #Binance #Gopax
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Compound Finance faced a major security breach, compromising its official website. A phishing site now occupies the hijacked domain, posing user risks. According to Security Advisor Michael Lewellen, the domain theft is unaffected by Compound’s smart contract funds.… #Web3 #Crypto #CompoundFinance
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After a slight pullback over the previous day, the price of Bitcoin has recovered to slightly over $58,000 after its ascent toward $60,000 was abruptly stopped. With a 14% increase, Stacks has become the best performer among the larger-cap alts. LDO increases by 7% every… #Crypto #Bitcoin #MtGox
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According to CoinMarketCap, the Argentina Football Association’s ARG is the most significant soccer fan token by trading volume. The market value of Argentina’s fan token, ARG, more than doubled when the country’s soccer team, the defending champions, advanced to the… #Blockchain #Crypto #ARGToken
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Chinese official media announced late Wednesday that authorities are investigating the hacking of several Macau government websites by hackers The websites of the public security police, the fire services department, the security forces services bureau, and the… #Tech #CCTV #ChineseGovernment
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On Wednesday, Bitcoin 2024 organizers announced that former president and Republican presidential contender Donald Trump will speak in Nashville, Tennessee, on July 27 Trump, who is running against Democratic President Joe Biden in the November U.S. election, portrayed… #Crypto #Blockchain #Bitcoin
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The UK regulator warns of Bitcoin scam as email scams that solicit cryptocurrency have been gathering popularity among criminals worldwide. The Solicitors Regulation Authority (SRA) in the United Kingdom has issued a warning regarding a new scam that involves emails… #Crypto #Bitcoin #emailscams
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Sibanye Stillwater said Thursday that a cyberattack on its IT system since Monday morning had limited impact on its global operations, but its core mining and processing business was unaffected One of the precious metals producers in Johannesburg stated that it had… #Tech #Business #Cyberattack
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Taiwan’s TSMC rose to a record high on Thursday after reporting robust second-quarter sales on rising AI boom, solidifying its position as Asia’s most valuable business The AI frenzy has initiated a global rally in chipmaker equities. Nvidia, the AI poster child, is among the… #AI #Tech #AIBoom
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Hedge funds looking for artificial intelligence-related stock market bargains are buying South Korean chipmakers, depending on a new wave of high-end memory chip demand and government investment South Korean behemoths such as SK Hynix and Samsung Electronics, which have thus… #Tech #AI #Business
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BitMEX refers to the DOJ’s BSA charge as a past issue, emphasizing the company’s compliance enhancements and the founders’ prior penalties. BitMEX, a cryptocurrency derivatives exchange, disregarded its violation of the Bank Secrecy Act (BSA) in the United States as “old news”… #Crypto #AML #Bitmex
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Terraform Labs, which is currently bankrupt, is in the process of liquidating 4 of its entities in order to comply with its multi-billion-dollar SEC agreement. To wound down operations, Terraform Labs, a bankrupt crypto firm, seeks to sell four businesses as part of a $4.5… #Crypto #SEC #Terra
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OpenAI partners with the LANL, which also conducts research in national security, space exploration, renewable energy, and medicine for bioscience. OpenAI is collaborating with Los Alamos National Laboratory (LANL), the laboratory that constructed the world’s first… #AI #Atomiclab #bioscience
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BitMEX admits to Bank Secrecy Act violation. BitMEX co-founders Hayes, Delo, and Reed pleaded guilty to similar criminal charges in 2022 and received probation. BitMEX, a cryptocurrency exchange, has pleaded guilty to violating the Bank Secrecy Act (BSA) by operating without… #Crypto #Bitmex #BSA
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The PEPE meme coin is again experiencing a Bearish trend as a Whale has invested big in the coin amidst a %12 decline recently. The price of Pepe (PEPE), a prominent meme coin in the digital asset space, has experienced a 12% decline in the past week and a 27% collapse in… #Crypto #memecoin #pepe
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Prominent exchange BitMEX has recently recorded a high amount of Bitcoin sales worth 35,486 BTC, making it the second-largest in its history. In a significant development, BitMEX, one of the most prominent crypto exchanges, recorded the second-largest Bitcoin outflow… #Crypto #Blockchain #Bitcoin
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Asset management platform Bitwise is currently dealing with a lawsuit after being accused of carrying out a pump-and-dump by the Mukamal Family. Bitwise Asset Management is in danger of losing its reputation due to allegations of fraud by the Mukamal family, one of the… #Crypto #Bitwise #Lawsuit
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The recent amount of inflow boost Litecoin (LTC) is getting is attributed mainly to the activities of Crypto Whales investing in the coin. The movement of Litecoin (LTC) coins held by large investors to cryptocurrency exchanges has experienced a significant increase in the… #Crypto #Litecoin #Whale
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The Lithuanian government has charged a crypto firm, Payeer, a fine of $10 million for violating its previous sanctions. A cryptocurrency corporation called Payeer was fined €9.3 million, or roughly $10.1 million, by the Lithuanian government for violating the nation’s… #Crypto #Lithuania #NATO
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In June, the Supreme Court struck down the Chevron theory, severely weakening the Securities and Exchange Commission’s defense against cryptocurrencies. What’s the connection between truck stops, fishing boats, and the Securities and Exchange Commission (SEC)? If you have… #Crypto #CFTC #SEC
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Most survey respondents reject Warren and Gensler’s centralized control theory, supporting Trump’s pro-crypto stance, boosting his popularity among Republicans. The vast majority of responders reject the centralized control theory put out by Warren and Gensler. According… #Crypto #Paradigm #Trump
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CryptoQuant reports Bitcoin’s unrealized losses signal a bottom, but recovery may take months, resembling the 2022 bear market. A recent analysis cautions that an upside return could take months, putting BTC$57,682 traders facing losses akin to a bear market. Bitcoin… #Crypto #Bearmarket #Bitcoin
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British investment firm Seraphim Space reported $2.41 billion in global investments in space startups from April to June, a third straight quarter of growth This upward trajectory follows a period of elevated interest rates that discouraged investors from funding companies… #Tech #Business #Britain
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The deployment of blockchain technology is being investigated by central banks globally, with the European Central Bank (ECB) being the most recent example. Multiparty computation, which the central bank has been working with, has the potential to sustain the… #Blockchain #Tech #Europeancentralbank
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Core Scientific’s main hash rate growth plans will be driven by Block’s 3-nanometer ASICs An agreement has been announced between Block Inc. and Core Scientific to provide Core Scientific with Block’s new 3-nanometer mining ASICs. Core Scientific will be the… #Blockchain #ASICs #CoreScientific
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Microsoft announced on Wednesday that it has settled CISPE’s antitrust complaint regarding its cloud computing licensing policies for a multi-million-euro sum, avoiding an EU antitrust investigation and a hefty fine In late 2022, CISPE, which comprises Amazon and numerous… #Tech #Antitrust #CISPE
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A Bitcoin group in the UK is pushing the new Labour government to adopt a strategy around Bitcoin mining to address the rising local electricity demand issue. Beyond preserving network security and integrity, BTC mining provides many possible applications, such as using… #Crypto #Bitcoinminers #UK
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According to Lucidworks’ Wednesday survey, manufacturers are deploying Generative AI initiatives slower than expected due to accuracy issues The study surveyed more than 2,500 global leaders engaged in the AI technology decision-making process. The results indicate that 58% of… #Tech #AI #Business
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The iconic Bitcoin exchange Mt. Gox, which crashed in 2014, has finally begun paying back its creditors in a long-overdue move. Due to the deluge of Mt. Gox repayments into the market, Bitcoin is highly volatile. In addition to ending one of Bitcoin’s worst moments, this… #Crypto #Bitcoin #MtGox
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Wednesday saw Samsung Electronics introduce its latest foldable smartphones, making its flagship model lighter and smaller and adding AI functions to threaten Apple’s premium market supremacy Samsung is also introducing more advanced health monitoring capabilities to stimulate… #Tech #AI #Business
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Today, XRP is predominantly driven by institutional inflows, as with the rest of the crypto market, the bullish outlook is further bolstered by the increasing whale holdings XRP XRP $0.44 price has increased by 3.5% in the past 24 hours, extending the revival… #Crypto #Altcoin #Cryptocurrencies
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Vitalik Buterin and Joseph Lubin, the co-founders of Ethereum, contemplate the network’s current condition a decade after its inception Ethereum has developed significantly since its inception in 2014; however, technical advancements and usability challenges persist… #Crypto #Ethereum #JosephLubin
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Santa Monica is establishing an official Bitcoin office with Proof of Workforce to investigate potential economic opportunities and provide Bitcoin Education Establishing an official Bitcoin office by the City of Santa Monica was a significant milestone.… #Crypto #BitcoinOffice #ProofofWorkforce
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To expand its European product line, 21Shares, a crypto asset manager, introduced three exchange-traded products (ETPs) on Euronext Paris and Amsterdam. The new funds are referred to as 21Shares Immutable ETP (AIMX), 21Shares Injective Staking ETP (AINJ), and 21Shares Sui… #Crypto #ETP #Europe
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As the introduction of spot Ethereum ETFs in the US nears, focus shifts to its potential influence on Ether’s price direction in the upcoming weeks An Ethereum whale has been observed withdrawing 16,449 Ether from Binance, estimated to be worth $50.3 million. The… #Blockchain #Crypto #Business
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An online marketplace administered by the Cambodian conglomerate Huione Group, Huione Guarantee, has been implicated in the facilitation of online scams in Southeast Asia. According to a recent research report by Elliptic, the platform has facilitated transactions… #Crypto #Cryptoscams #Elliptic
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In a July 5 update, CoinStats reported that it is continuing to investigate the incident and is actively working to secure its new infrastructure Wallets associated with the CoinStats exploiter were observed to transfer nearly $1 million in Ether into the Tornado… #Crypto #Blockchain #Blockchain
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The German government is increasing its Bitcoin sell-off efforts, with plans to offload an additional $342 million worth of BTC In anticipation of the forthcoming round of Bitcoin sell-offs, Arkham Intelligence’s German Government (BKA) wallet has added 6,000… #Blockchain #Crypto #Bitcoin
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