Feds consolidate 40k BTC, prompting fears of imminent sell-off

Ad It seems that around 40,000 Bitcoin held in wallets linked to law enforcement seizures in the United States are currently being transferred, according to new data by Glassnode, a blockchain analyti...

U.S. Government Moves $1B of Seized Silk Road BTC, Prompting Liquidation Fears

Key Takeaways A wallet associated with seized Silk Road funds moved $1.08 billion in BTC. The address moved 39,174 BTC to two new wallets, and 9,825 BTC to a wallet reportedly belonging to Coinbase. T...

Meta Rumored To Make Further Layoffs, Prompting Surprising Market Reaction

(Photo illustration by Chesnot/Getty Images) Getty Images Key takeaways Meta announced $32bn in revenue for Q4, beating analysts’ expectations The earnings report this week was laser-focused on solvin...

Twitter Shuts Down ‘Doge Tipping Bot’, Prompting Appeals to Elon Musk, Backlash From Dogecoin Community

Social media giant Twitter is shutting down a bot that allows users to tip others in meme crypto Dogecoin (DOGE), prompting appeals to CEO Elon Musk. According to one of the program’s designers, the b...

Sinister Prompting Of Generative AI ChatGPT Such As Email Scamming And The Coding Of Malware Is Sparking Ire By AI Ethics And AI Law

Coping with sinister uses of generative AI such as ChatGPT is a looming issue and worthy of openly … [+] discussing. getty “Oh, what a tangled web we weave, when first we practice to decei...

North Korea Fires Rare Missile Over Japan, Prompting Residents To Take Shelter

Topline A North Korean missile flew over Japan before crashing into the Pacific early Tuesday morning, according to the Japanese government, leading residents of some regions to take shelter following...

Fed to Hike Interest Rates Again, Prompting Negative Reaction in the Crypto Market

– Advertisement –   Another interest rate hike is set to be announced today by the Federal Reserve. In a CNBC interview, Joe Maglia, the former CEO of TD Ameritrade, said that Fed chair Je...

BendDAO’s NFT-Collateralized Crypto Loan Platform Suffers a Bank Run, Prompting a Move to Avoid Another Liquidity Crisis

BendDAO – from a distance – looks like an old-school bank: Some customers deposit money into the decentralized finance (DeFi) platform, which loans the money out, giving depositors a cut of the intere...

Economy Takes Center Stage, Prompting The PBOC To Take Action

China Last Night KraneShares Key News Asian equities were mixed overnight as India was closed for Independence Day and South Korea was closed for Liberation Day. Mainland China and Hong Kong both boun...

Elon Musk pulls the plug on the $44B Twitter deal, prompting lawsuits

The world’s richest man is reconsidering the best way to invest his money. Tesla CEO Elon Musk shocked the business world by announcing his plan to cancel the $44 billion Twitter agreement in an unexp...

Celsius Network continues to make moves, prompting calls to resume withdrawals

It’s approaching four weeks since Celsius Network implemented a pause on withdrawals, swaps, and transfers between accounts, citing “extreme market conditions.” During this time, senior staff has draw...

Ruble Soars to 7-Year High Prompting Debate Over Targeting Rate

(Bloomberg) — The ruble surged to a seven-year high, extending a rally that Russia wants to curb and sparking a debate in Moscow on whether the central bank should target an “optimal” exchange r...

Optimism token falls 40%, prompting calls to bar dumpers from airdrops

Optimism’s freshly launched governance token, OP, has plunged 40% since peaking at $2.10, leading members of the community to discuss baring those who dumped their tokens from future airdrops. Cointel...

SafeMoon Community Responds to Coffeezilla Allegations, Prompting A Correction

The SafeMoon community has hit back at fraud allegations brought by Coffeezilla, prompting the internet detective to retract and correct one of his original claims. A miscalculation by Coffeezilla’s r...

Commodity prices are going haywire, prompting fears of the next financial crisis

The prices of commodities including oil CL00, +1.24%, wheat W00, and palladium PA00, -0.50% have surged this year as much of the global economy shakes off COVID restrictions and as Russia’s invasion o...

A Surge in Energy Prices Raises Dollar Value, Prompting Safe-Haven Flows

As the United States of America, along with Europe and its allies, plans to ban the import of crude oil from Russia, investors have begun to weigh its impact on the global economy. As it turns out, th...