The crypto exchange blamed regulatory pressures and “compliance requests” from local financial regulators as the reason it terminated its services. Crypto exchange Gate.io has begun shuttering services for Japanese customers, citing “compliance requests” from the country’s financial regulator. Gate.io announced the termination of services for all Japanese customers in a July 22 announcement, adding that it…
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Vice President Harris has secured more than enough backing to clinch her spot as the official Democratic nominee. United States Vice President Kamala Harris has passed the threshold of support needed from delegates that would clinch her the Democratic presidential nomination. Harris has now secured pledges from 2,668 delegates at the time of publication, according…
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United States President Joe Biden announced he will not seek reelection. United States President Joe Biden has officially ended his reelection bid just four months before election day. In a July 21 statement, Biden didn’t cite his reasons for bowing out but claimed it was in the “best interest of my party and my country.”…
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BlockTower Capital CIO Ari Paul is prepared to “lay 10:1” against the possibility of the US creating a Bitcoin strategic reserve in the next four years. The idea of the United States government holding a Bitcoin strategic reserve may be “bullish” for its price, but it is unrealistic to actually come to fruition in the…
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Quantum annealing systems could impact the finance and blockchain industries in a major way. Nvidia researchers are claiming noteworthy progress in the quest to build a fully functional, commercially viable quantum computer based on supercomputer simulations conducted with graphical processing units (GPUs). While progress toward the development of a useful quantum computer has been steady…
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The Chicago Board Options Exchange has confirmed that five spot Ethereum ETF products will begin trading on July 23. Five spot Ethereum exchange-traded funds (ETF) will begin trading on the Chicago Board Options Exchange on July 23, “pending regulatory effectiveness,” CBOE announced on July 19. On May 23, the United States Securities and Exchange Commission…
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The Li.Fi protocol experienced a security breach when hackers exploited a specific contract address, resulting in the loss of over $8 million in cryptocurrencies. The attack has since been mitigated. Li.Fi, an API for Ethereum Virtual Machine and Solana swaps and bridging, was attacked on July 16, and over $10 million in cryptocurrencies was drained.…
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A Pudgy Penguins character integrates into Pixelverse, joining characters like Doge from Dogecoin and Mew from the Solana memecoin MEW. The face of the popular non-fungible token (NFT) collection Pudgy Penguins, will be integrated as a character on Pixelverse’s mini-game on Telegram. On July 16, Pixelverse announced that it would introduce the Pudgy Penguin character…
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The $310 million in inflows were led by the BlackRock and Fidelity Bitcoin ETFs, while Grayscale recorded a rare inflow day at $23 million. United States-based spot Bitcoin exchange-traded funds recorded over $310 million in inflows on July 12 — marking its best-performing day since June 5. BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity…
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Strawberry extends on OpenAI’s Q* project announced last November, which some described as a technical breakthrough allowing for the development of “far more powerful” AI models. ChatGPT maker OpenAI is reportedly building a new AI model called “Strawberry” aimed at making its AI tools reach human-level intelligence through advanced reasoning. Strawberry would effectively scan the…
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