AI Boom to Boost Ethereum, Solana, and NEAR

Real Vision analyst Jamie Coutts predicts that Bitcoin and certain altcoins will thrive as artificial intelligence (AI) gains traction. AI’s Need for Money Coutts believes AI requires a monetary system, and Bitcoin is a strong contender. However, stablecoins and tokens from smart contract platforms like Ethereum, Solana, and NEAR are also well-suited. AI’s Impact on…

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Ethereum Blockchain Hack: Brothers Accused of $25 Million Theft

12-Second Exploit The US Department of Justice (DOJ) has arrested two brothers, Anton and James Pepaire-Bueno, for allegedly orchestrating a sophisticated attack on the Ethereum blockchain. The brothers are accused of stealing $25 million in crypto within just 12 seconds. Manipulation of Protocols The indictment alleges that the brothers exploited the Ethereum blockchain’s protocols by…

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FTX Customers’ Mixed Reactions to Bankruptcy Payouts

Despite the recent surge in crypto prices, FTX customers are expressing frustration with the proposed bankruptcy plan. Promising Payouts The bankruptcy process has resulted in a potential windfall for FTX customers. The exchange’s assets have increased in value, leading to the possibility of payouts exceeding initial investments. Customer Concerns However, some customers remain dissatisfied. They…

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Worldcoin’s Privacy Upgrade: Iris Codes Removed

Enhanced Data Protection Worldcoin has released a new system to protect sensitive data. This system is open-source and available to all organizations. It aims to set a new standard for data security, especially for biometric data. Iris Code Deletion As part of this upgrade, Worldcoin has deleted all iris codes previously collected during user registration….

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Solana’s Cypher Protocol Developer Admits Stealing Funds

Inside Job Uncovered A core developer of the Solana-based Cypher Protocol, Hoak, has confessed to stealing over $300,000 from the project’s users. The theft was discovered after a user reported issues withdrawing funds, leading to an investigation that revealed Hoak had withdrawn assets from the Redemption Package Contract unnoticed for months. Gambling Addiction Revealed Hoak…

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Boston Hedge Fund Buys Millions in Bitcoin ETFs

A Boston hedge fund has snapped up $363 million worth of Bitcoin exchange-traded funds (ETFs). Holdings Breakdown According to Bloomberg analyst Eric Balchunas, Bracebridge Capital owns: $262 million in ARK 21Shares Bitcoin ETF (ARKB) $81 million in BlackRock’s iShares Bitcoin Trust (IBIT) $20 million in Grayscale Bitcoin Trust ETF (GBTC) Bracebridge’s Investments Bracebridge manages around…

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Bitcoin at a Crossroads, Says Crypto Expert

Cryptocurrency expert MichaĆ«l van de Poppe believes Bitcoin is at a critical juncture, facing a choice between a surge to new highs or a significant sell-off. Bitcoin’s Key Support According to van de Poppe, Bitcoin must hold its current support level of $60,500 to maintain its momentum towards all-time highs. If this support breaks, he…

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Bitcoin: A Better Bet Than MicroStrategy?

Cramer’s Bold Claim CNBC’s Jim Cramer has made waves by saying that Bitcoin is a better investment than MicroStrategy stock. Despite MicroStrategy’s impressive 85% gain this year, Cramer thinks Bitcoin’s 125% rise is more promising. MicroStrategy’s Bitcoin Love MicroStrategy remains a strong supporter of Bitcoin. CEO Michael Saylor is a huge fan and has personally…

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