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Marathon Digital raises $1B to buy Bitcoin
Mara Holdings has raised $1 billion to primarily acquire bitcoin. These funds were raised through the private offering of 0.00% convertible senior notes due 2030. Two days ago the company had announced increasing its convertible note offering from $700 million to $850 million. These notes were issued to institutional investors falling under specific criteria and […]Cryptopolitan
Thu, Nov 21
Peter Schiff : ‘Clearly I wish I bought Bitcoin’
Peter Schiff, Chief Economist and global strategist, has repeatedly regretted not buying Bitcoin as soon as he heard about the asset back in 2010. However, he remains a strong Bitcoin critic and emphasizes that Gold is superior to Bitcoin.Cryptopolitan
Thu, Nov 21
Anthropic CEO encourages caution about the safety of AI models
Dario Amodei, the CEO of Anthropic recently mentioned that artificial intelligence companies should undergo mandatory testing requirements. This also applies to his own firm, Anthropic. The goal is to make sure that these technologies are safe for the general public before they get released. Amodei was answering a question at an AI safety summit recently […]Cryptopolitan
Thu, Nov 21
North Korea’s Lazarus Group steals 342,000 ETH from Upbit, South Korea’s Police confirm
A South Korean investigative agency has exposed the Lazarus Group for crimes relating to crypto theft. The South Korean police confirmed that the North Korean-linked Lazarus Group is responsible for the crypto stolen from Upbit five years ago. North Korea has a history of hacking crypto and stealing funds through the Lazarus Group, which laces […]Cryptopolitan
Thu, Nov 21
Elden Ring hits $20 for Black Friday
Elden Ring, is on sale for just $19.99 for Black Friday. This discount is limited to PS4, PS5, and Xbox. The DLC Shadow of the Erdtree is priced at $49.99. The Black Friday sale price for one of the top-performing games of all time, Elden Ring, is offering a cut of $40 from the original […]Cryptopolitan
Thu, Nov 21
SEC closes BitClave chapter, distributes $4.6M to victims
The US Securities and Exchange Commission (SEC) announced that it has begun distributing $4.6 million to investors of BitClave’s infamous 2017 ICO. This payout comes out from a fair fund created after a 2020 settlement with the now-defunct crypto startup. BitClave raised $25.5 million in just ninety seconds during the ICO boom by selling Consumer […]Cryptopolitan
Thu, Nov 21
Michael Saylor loses voting rights at MicroStrategy – Will it affect Bitcoin?
Well, this is a Bitcoin surprise. Michael Saylor, the Executive Chairman of MicroStrategy, has lost his voting control over the company, which means it has lost its status as a “controlled company” on Nasdaq. Because one person controlled corporate governance and made unilateral decisions, such as changing the business’s focus from software to Bitcoin acquisition, […]Cryptopolitan
Thu, Nov 21
U.S founders responsible for nearly 50% of all crypto scam projects
5Money and Storible partnered in a study that placed the U.S. at the top of the list for most scam and failed crypto projects. The U.S. was responsible for nearly 43% of scam and 33% of dead crypto projects worldwide. Russia led the countries with the highest rate of scam crypto projects at 24%.Cryptopolitan
Thu, Nov 21
DEX activity on Solana is catching up with Ethereum
Solana’s meme token boom continues to shift the balance, with DEX activity catching up with Ethereum. It has reached around 57% of the activity levels on the Ethereum blockchain. However, Ethereum maintains an advantage in terms of higher liquidity and wider adoption through Uniswap. Solana’s DEX activity has seen gradual growth throughout 2024, catching up […]Cryptopolitan
Thu, Nov 21
OpenAI accidentally deletes potential evidence crucial to its copyright lawsuit with the NY Times
The New York Times Company counsel wrote a letter to the U.S. District Court for the Southern District of New York on November 20, revealing that OpenAI engineers had deleted potential evidence for the copyright infringement lawsuit. The letter also described the attorneys’ inspection of the data on the 2 virtual machines provided by OpenAI.Cryptopolitan
Thu, Nov 21
