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US charges 5 crypto hackers in $11M scheme linked to ‘Scattered Spider’
The US has laid charges against a group accused of a hacking spree, with one alleged victim being robbed of over $6.3 million worth of crypto. United States prosecutors have charged five people accused of being part of a group that allegedly hacked dozens of businesses and individuals to steal $11 million in crypto and…
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Bitcoin Nears $96K, Continuing Wild ‘Trump Trade’ Rally
BTC traded above $95,900 in early Asian hours, less than 6% from a landmark $100,000 figure that would push it above a $2 trillion market capitalization.
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Nvidia sees bright future in agentic AI amid record Q3 revenue
The world’s most valuable company is focusing on AI systems or agents designed to exhibit autonomous decision-making. Nvidia CEO Jensen Huang says his firm will be focused on being at the forefront of agentic (autonomous) artificial intelligence, as it delivered record revenue in the third quarter. “The age of AI is in full steam, propelling a…
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Apple rushes out patch fixing zero-day attacks on macOS systems
The vulnerabilities caught the attention of the former CEO of Binance, Changpeng “CZ” Zhao who advised users to update their operating system immediately. Tech giant Apple has released a patch for two zero-day vulnerabilities that hackers have used to exploit Intel-based Mac computers.According to the Nov. 19 advisory from Apple, both vulnerabilities have been “actively…
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Bitwise registers Solana ETF in US state Delaware
Bitwise would be competing with fellow asset managers VanEck and Canary Capital for an SEC-approved spot Solana ETF. Digital asset management firm Bitwise has registered a statutory trust for a proposed spot Solana exchange-traded fund (ETF) in Delaware — indicating that it may soon file for an S-1 registration statement with the United States securities…
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DCG launches Yuma to fuel decentralized AI innovation with Bittensor
Digital Currency Group (DCG) has unveiled Yuma, a new subsidiary dedicated to accelerating startups building decentralized intelligence projects using Bittensor’s infrastructure. According to the firm’s statement, the move is a strategic foray into converging crypto and artificial intelligence (AI), two sectors poised for exponential growth. DCG founder and CEO Barry Silbert will lead Yuma and…
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SEC disburses $4.6 million to BitClave ICO investors amid unresolved fund discrepancies
The US Securities and Exchange Commission (SEC) has distributed $4.6 million to investors of defunct crypto startup BitClave’s 2017 initial coin offering (ICO), according to a Nov. 20 announcement. The funds were disbursed as part of the BitClave Fair Fund established after a 2020 settlement. The firm halted its operations in 2020 after the SEC…
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Bitcoin reserve won’t solve US debt crisis: Think tank co-founder
Avik Roy, the president of a nonprofit think tank, said Senator Cynthia Lummis’ idea that Bitcoin could eliminate federal debt is an “overselling” of what Bitcoin can do. United States Senator Cynthia Lummis’ plan to set up a strategic Bitcoin reserve won’t be enough to solve the country’s debt crisis, which has now swelled to…
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SEC delays decision on Franklin Templeton’s crypto Index ETF to 2025
The US Securities and Exchange Commission (SEC) has delayed its decision on Franklin Templeton’s application to launch a crypto index exchange-traded fund (ETF) offering exposure to Bitcoin (BTC) and Ethereum (ETH) to Jan. 6, 2025. The SEC initially had a 45-day deadline to decide, which would have fallen on Nov. 22. However, under Section 19(b)(2)…
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SEC delays Franklin Templeton crypto index ETF decision
According to Eric Balchunas, the launch of the Bitcoin ETF in the United States was the most successful ETF launch in history. The United States Securities and Exchange Commission (SEC) has delayed a decision to approve the Franklin Templeton Crypto Index ETF until early 2025.In a Nov. 20 letter, the regulatory agency explained that it…
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