Dutch court denies bail for Tornado Cash developer Alexey Pertsev, who faces 64 months in prison for aiding $2.2B money laundering. Pertsev ordered to forfeit $2M and a Porsche. This emphasizes crypto mixer compliance with AML regulations. #CryptoNews
US Senator Cynthia Lummis advocates for Bitcoin reserves to bolster the US dollar’s dominance. She supports self-custody Bitcoin wallets and opposes CBDCs, warning against government surveillance. Lummis’ pro-Bitcoin stance aims to secure economic strength and individual financial freedom. #Bitcoin #Update
Stacks ($STX) surged 9% after the SEC concluded a three-year investigation into Hiro Systems, formerly Blockstack, without recommending enforcement action. This decision, following a similar outcome for Paxos, boosted market sentiment. $STX reached $1.71, marking a significant regulatory win for the crypto sector. #CryptoNews
@Bitfarms_io has called a special shareholder meeting for Oct 29 after a requisition by rival @RiotPlatforms. Shareholders can vote from Sep 26. The meeting will address Riot’s concerns and Bitfarms’ governance. #Update #CryptoMining $BTC
Shiba Shootout ($SHIBSHOOT) presale hits $600K, nearing its $1M goal. This Shiba Inu-themed memecoin offers a 1,600% APY staking, on-chain governance, and more. Analysts predict potential 100x gains. #Crypto #Update
Arthur Hayes (@CryptoHayes) suggests 50M U.S. crypto holders could sway the 2024 presidential elections. He urges treating digital assets as protected speech for favorable regulations, proposing a framework to make the U.S. a top crypto-friendly nation. #CryptoPolitics #Update
Learn how to profit from cryptocurrency: HODLing $BTC, staking for 5%-20% returns, yield farming, liquidity mining, and trading. High-risk methods include IDOs and IEOs. Mining requires significant investment but can be rewarding. #Update #CryptoNews
Northern Data ($NB2) projects 2024 revenue to triple to €240M, driven by high-performance computing solutions. Exceeding 2023 expectations, the company eyes €570M by 2025. A potential U.S. IPO could value its AI cloud and data center units at $10-16B. #Update
Dutch court denies bail for Tornado Cash developer Alexey Pertsev, who remains in custody over $2.2B money laundering. Despite safety concerns, Pertsev claims his detention violates human rights and complicates his defense preparation. #Crypto #Update
U.S. PPI inflation surged to 2.6%, exceeding expectations. This marks the fifth consecutive rise, contrasting with falling CPI. Major indices remained flat, while $BTC saw a slight selloff. Treasury yields inched up, and the US Dollar Index showed volatility. #Inflation #Update
Crypto expert Michal Pospieszalski urges a shift from traditional alphanumeric addresses to human-readable ones to boost security. Over $200M lost to hacks in Q1 2024 highlights the need for better protection. #CryptoSecurity #Update
Genesis Trading has moved 12,000 BTC to Coinbase amid its bankruptcy liquidation, following reorganization approval in May 2023. With 33,000 BTC remaining, valued at $1.9B, the $760M transaction raises concerns about Bitcoin price volatility, especially with other market pressures like Mt. Gox’s anticipated liquidations. #Bitcoin
Roxman’s crypto games Major and Friends Factory are taking Telegram by storm, gaining 7M users in 5 days. Players earn TONcoin, blending fun, community, and financial incentives. Even Telegram’s founder is impressed! #Update #CryptoGaming @telegram @ton_blockchain
OpenAI launches a progress-tracking scale for AI, outlining five development levels towards AGI. Currently at stage two, “Reasoners” can solve tasks at a Ph.D. level. This structured approach addresses key tracking challenges in AI research. #AI #Update
