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Top 5 AI Cryptos Worth Investing In This February

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There are numerous new cryptocurrencies that make use of the most recent advancements in artificial intelligence (AI) technology; however, only a select few of these AI-based cryptocurrencies are performing better in terms of their applicability and potential.

AI cryptos are currencies that enable blockchain systems for artificial intelligence. To use the platforms and reap the benefits of its integrated artificial intelligence, users must spend digital tokens.

AI and cryptocurrencies are currently two of the most fascinating technologies. As a result, an increasing number of AI-based cryptocurrencies and related projects are combining with the new technology to create creative products with practical applications.  Read more...

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Elon Musk Sells Tesla Shares Worth $3.58 Billion, Will He Buy Bitcoin Or Dogecoin?

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For the fourth time this year, Elon Musk has sold Tesla shares worth billions. The crypto community is puzzling over whether and what implications this could have on his Bitcoin and Dogecoin holdings, or even Tesla’s BTC holdings.

Musk sold $ 3.58 billion worth of shares from Monday to Wednesday, a filing with the U.S. Securities and Exchange Commission reveals. What Musk plans to use the money for is currently unclear. Naturally, the crypto community speculates about what will happen with the cash. Since Musk announced the now-completed acquisition of Twitter in April 2022, the entrepreneur has parted with $ 23 billion worth of Tesla shares.  Read more...

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Adopting Bitcoin: El Salvador Has Work To Do, But The Experiment Is Worth Celebrating

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Visiting El Salvador for the Adopting Bitcoin conference showed that the country’s experiment needs more time, but is worth celebrating.

This is an opinion editorial by Rikki, author and co-host of the “Bitcoin Italia,” and “Stupefatti” podcasts. He is one half of the Bitcoin Explorers, along with Laura, who chronicle Bitcoin adoption around the world, one country at a time.

On the road again. Direction: San Salvador. The Bitcoin community is about to gather here for Adopting Bitcoin, the final major Bitcoin conference of the year, but certainly not the least. Friends and Bitcoiners from around the world are flying into the country to work together and promote Bitcoin adoption. Who knows how many of them knew much about this country before the “Ley Bitcoin” was implemented?  Read more...

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Algorand Revealed Investments Worth $35M In Troubled Crypto Lender Hodlnaut

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The Algorand Foundation has disclosed that it has invested $ 35 million in USD coin (USDC) in the beleaguered crypto lender Hodlnaut.

The cryptocurrency lending firm had paused its withdrawals earlier last month.Algorand is a blockchain infrastructure which has embedded smart contract functionality.

The Foundation is a non-profit community organisation that has focused its efforts on the development of the Algorand ecosystem.

It supports the blockchain and also oversees its overall development.

According to a statement provided by Algorand on its website, it supposedly mentions that these funds make up less than 3% of its total assets.  Read more...

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LongHash Ventures Rolls Out Web3 Investment Fund Platform Worth $100M

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In a new development, LongHash Ventures will launch a $ 100 million investment fund for the decentralized Web3.

With more innovative products, projects, and applications, the crypto space is growing in leaps and bounds. Furthermore, blockchain technology has created more opportunities for extraordinary accomplishments in the industry and other sectors.

Yet more advancements and developments are still ongoing in the crypto space. It announced this plan on Wednesday. LongHash stated that the fundraising targets to generate $ 100 million and would run till the year ends.  Read more...

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India’s Federal Agency ED Froze Crypto Exchange Vauld’s Assets Worth $4.6 Million

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India’s Enforcement Directorate (ED) froze assets amounting to $ 46 Million belonging to Vauld which is a cryptocurrency exchange. In Vauld’s press release, the company stated that it disagreed with the claims made by ED on Vauld’s KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures.

These assets seized by the ED were found stored in bank accounts, payment gateway balances and wallets too on the Flipvolt crypto exchange. The $ 46 Million was linked to the instant loan apps case. Flipvolt is the Indian wing of the Singaporean exchange Vauld.  Read more...

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Premint Raided By Hackers, $375,000 Worth Of Assets Lost

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According to security information provided by CertiK, the Premint website—a well-known NFT whitelist platform—was compromised on Sunday. Losses resulting from the attack are believed to have cost about $ 375,000.

Premint Attacked

One of the biggest non-fungible token breaches of the year resulted in the theft from Premint NFT platform customers of at least 314 blockchain entries, totaling around $ 375,000.

According to the crypto security company CertiK, the issue started with an injection of malicious JavaScript and affected wallets storing NFTs like Bored Ape Yacht Club and Oddities. Premint tweeted that affected users received a pop-up requesting them to confirm their ownership of their wallet. Users of the website can sign up to be included to a database of prospective buyers of new NFT projects.  Read more...

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Privacy Is a Human Right Worth Fighting For

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Digital Privacy Is a Human Right Worth Fighting For

Privacy is a basic human right. It’s there in Article 12 of the Universal Declaration of Human Rights: “Freedom from Interference with Privacy, Family, Home and Correspondence.” Attaining that right in an era of dragnet surveillance, mass data breaches, state-sponsored hacks and big tech overreach, however, is a Herculean task. As the digital privacy fight heats up, crypto protocols are emerging as a new battleground where the right to anonymity will be won and lost.

Also read: Chainalysis Whistleblower Shares Company Secrets in Explosive AMA

From Data Drought to Tsunami in 40 Years

In 1973, the internet looked like this:  Read more...

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Robinhood Raises $323 Million, Still Worth Less Than Coinbase

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Robinhood has raised a colossal $ 323 million in its latest funding efforts, making the millennial-focused stock-and-crypto trading app worth approximately $ 7.6 billion. Despite its mainstream appeal, the “no commission” broker is still worth less than Bitcoin-focused Coinbase, which boasts a valuation of more than $ 8 billion. Robinhood Touts New Features After $ 7.6 Billion Valuation The […]

The post Robinhood Raises $ 323 Million, Still Worth Less Than Coinbase appeared first on CCN Markets

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Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels

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Money Laundering Fines Worth Billions Help Bankers Avoid Prosecution and Unpleasant Labels

The recent seizure of a cargo ship owned by JP Morgan, a vessel loaded with 20 tons of cocaine according to latest accounts, highlighted the risks of banks’ involvement in illicit activities, inadvertent or otherwise. And although U.S. authorities released the MSC Gayane after the owner, JP Morgan’s asset management arm, and the operator, Mediterranean Shipping Company, paid a $ 50M in cash and surety bond, the stain remains and this is not the only stain. Money laundering for drug cartels and moving funds for terrorists, arms dealers and dictatorial regimes are among the sins banks have accumulated through the years. However, court settlements and billions of dollars in fines often help major financial institutions avoid prosecution, conviction, and labels like ‘Drugbanks.’  Read more...

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Shroud: Upcoming Apex Legends Updates Are ‘Worth the Wait’

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Twitch streamer Michael “Shroud” Grzesiek recently revealed that big things are coming to the popular battle royale game Apex Legends. In a live stream on Sunday, Shroud shared that numerous features that he helped demo have yet to be added to the game, insinuating that they are significant improvements. “I can tell you this much, […]
SludgeFeed

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Coinbase Offers $3 Worth of Zcash (ZEC) in Latest “Earn” Listing

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San Francisco-based Coinbase announced Friday that privacy coin Zcash (ZEC) has become the latest project to be featured in Coinbase Earn, a new section of the website that allows users to earn cryptocurrency while learning by completing specific tasks like watching videos. While previous additions to the Earn program, like Basic Attention Token (BAT), have been welcomed by the crypto […]
SludgeFeed

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Lawsuit Claims Blue Ocean Capital Duped Investor Into Buying $2M Worth of MCash

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There’s never any shortage of financial scams perpetrated against those unfamiliar with the asset class and the latest scam allegedly involves a virtually unknown cryptocurrency called MCash Tokens. According to a February 1 legal filing, plaintiff Lijun Sun, a citizen of China and resident of California, transmitted a total of $ 2,000,020.93 to Blue Ocean Capital Group, Inc., […]
SludgeFeed

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California Nurse Charged With Selling Hundreds of Bitcoin Worth of Opiates

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A Rancho Cordova, California nurse has been charged by federal authorities with selling illegal narcotics via dark net markets. Allegedly, her username Farmacy41 earned over 200 BTC across three markets. Carrie Alaine Markis made an appearance in federal court in Sacramento, charged with numerous counts of drug dealing. Farmacy41 Markis reportedly used the handle Farmacy41 across several DarkNetMarkets beginning in 2013. She told customers that her source was people who bought pills from those who had them legally prescribed to them. In total, she allegedly sold almost 9,000 hydrocodone pills, over 2,500 oxycodone, nearly 1,000 methadone pills, 70 morphine tablets  Read more...

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BitMEX’s Bitcoin (BTC) Insurance Fund Is Now Worth $77 Million

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Cryptocurrency trading platform BitMEX, which allows investors to leverage their positions up to 100x, has reportedly grown its Insurance Fund to more 21,366 BTC — worth roughly $ 77.5 million. According to data recently made available by BitMEX, the Insurance Fund has grown to its current level after starting 2018 with only 162 BTC. BitMEX uses the Insurance Fund […]
SludgeFeed

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JPMorgan Takes Another Shot at Bitcoin, Claims Mining Isn’t Worth the Value of the Cryptocurrency

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By CCN.com: A report by JPMorgan suggests that for over four weeks during the fourth quarter, bitcoin’s market price was lower than its mining costs on average. According to the JPMorgan analysts, the cost of mining bitcoin during Q4 was averaging about $ 4,060 around the world, Bloomberg reports. According to them, starting late November when the

The post JPMorgan Takes Another Shot at Bitcoin, Claims Mining Isn’t Worth the Value of the Cryptocurrency appeared first on CCN

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How Coinstar Could Turn $62 Million Dollars Worth of Literal Trash into Bitcoin

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According to an estimate by recycling and waste management company Covanta Holding Corporation, Americans literally throw away $ 62 million dollars a year worth of spare pocket change. Covanta offered CBS News a theory along with the estimate “that the coins are probably tossed accidentally.” Coinstar to Sell Bitcoin for Pocket Change at US Grocery Stores

The post How Coinstar Could Turn $ 62 Million Dollars Worth of Literal Trash into Bitcoin appeared first on CCN

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