In a recent consumer alert, the Commodity Futures Trading Commission (CFTC) warned about the proliferation of scams leveraging artificial intelligence (AI) to lure unsuspecting individuals into fraudulent crypto investment schemes.  Specifically, these scams exploit the growing interest in cryptocurrency arbitrage trading by making “audacious claims” of generating outsized profits through AI-powered algorithms. AI-Driven Crypto Investment

Among the newly issued spot bitcoin products, BlackRock iShares Bitcoin ETF (IBIT) became the first on Friday to exceed $2 billion in assets under management (AUM). This does not account for Grayscale’s GBTC, which was a closed-end fund with approximately $30 billion in AUM until it became a spot ETF.

Rostin Behnam, chair of the Commodity Futures Trading Commission (CFTC), expressed concern that the recent licensing of spot bitcoin ETF products poses dangers and reiterated his need for federal legislation to govern cryptocurrency.  Behnam made these comments two weeks after the first group of spot bitcoin ETFs were authorized by

A top Bitwise executive acknowledged on Jan. 26 that his firm’s spot Bitcoin ETF has received hundreds of dollars of unsolicited Bitcoin. Co-founder & CTO Hong Kim wrote that the Bitwise Bitcoin ETF (BITB) received 998,085 satoshis worth $419 across 35 UTXOs over two days. He suggested that this will simply increase the ETF’s value,
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Ava Labs has detailed their scaling solution Vryx in an effort to enable Avalanche blockchain rates of about 100,000 transactions per second. The scaling strategy was described in a research piece that was published today, and Ava Labs is already employing it. In the next few weeks, it intends to

In this Pyth Network (PYTH) price prediction 2024, 2025-2030,  we will analyze the price patterns of PYTH by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Pyth Network (PYTH) Current Market Status What is Pyth Network (PYTH)? Pyth Network (PYTH)

Plus, the Beacon accelerator has its third demo day and a VanEck subsidiary invests in CCData

In a detailed speech delivered in Naples on Jan. 26, CFTC Chair Rostin Behnam said regulators need to ramp up their efforts to supervise the budding cryptocurrency industry following the approval of Bitcoin ETFs, which does not imply the sector is regulated. Benham expressed significant concerns regarding the current state of cryptocurrency and digital asset
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by chainwire
Paris, France, January 26th, 2024, Chainwire Twentysix Cloud is an all-in-one, decentralized cloud marketplace, powered by aleph.im’s Decentralized Physical Infrastructure Network (DePIN). This launch marks a significant step in bridging decentralized cloud solutions with the growing demand for computing resources.  Aleph.im announces the launch of its innovative hub. Twentysix Cloud is a decentralized cloud marketplace
#blockchain #crypto, #decentralized, #distributed, #ledger

Bitcoin has offered significantly higher returns than traditional safe-haven assets like gold, U.S. bonds, or the dollar. Data from Paris-based crypto analytical platform Kaiko showed that an investment in the top cryptocurrency in January last year would have yielded more than 100% returns, while similar investments in gold and other assets would have generated considerably
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