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Warren Buffett’s Berkshire Hathaway crosses $1T — nears entire Bitcoin market

Buffett's profits this year is almost the same as what an average Bitcoin trader has generated in 2024.

Trader loses $1M in scam after Kylian Mbappe’s X account is hacked

The trader lost over $1 million within a single hour, not realizing that the Real Madrid footballer’s account was hacked before endorsing the scam token.

Scammers ditch ‘elaborate’ crypto Ponzis for pig butchering: Chainalysis

The lifespan of scams is getting shorter as cybercriminals change tactics and target individuals on social media. 

California lawmakers push through controversial AI bill opposed by OpenAI

California lawmakers advance a controversial AI safety bill, SB 1047, despite pushback from major tech companies and now awaits full approval of Governor Gavin Newsom.

NFTs can be securities but SEC Wells notice to OpenSea ‘not productive’ — Lawyer

Atlas Development chief legal officer Oscar Franklin Tan stated that the Wells notice “does everything except provide us with clear rules to follow.”

Oasys partners with financial giant to boost Web3 gaming in Japan

The partnership strengthens SBI’s position in the Web3 gaming sector while enhancing Oasys’ token liquidity.

$3K Ethereum price breakout likely delayed until October

The Ether price must still overcome the key $2,700 resistance before positioning for a breakout above $3,000 in Q4 2024.

Bitcoin whale buys 1K BTC as ‘insane’ Binance selling sees sub-$58K low

Bitcoin whales jump at the chance to buy cheap BTC, with spot sellers showing knee-jerk reactions in a choppy trading environment.

Parafi Capital’s $120M fundraise signals renewed growth for crypto funds

Crypto firms and VCs have been raising capital this year as cryptocurrency prices recover, improving overall market sentiment.

How Big Tech handles privacy and governments’ data demands

When privacy is at stake, how do tech leaders respond to government demands? Take a look at the tactics of the Big Five.

Inferno Drainer usage triples as crypto scams soar in 2024

According to data from Web3 security firm Blockaid, the number of Inferno Drainer DApps surged to 40,000 by the end of July.

Indonesia considering Telegram ban over lack of moderation

Telegram has reportedly failed to improve moderation and issue a resolution over illicit content distribution after several requests from Indonesia.

Crypto.com, Standard Chartered partner for global fiat services

Crypto.com partners with Standard Chartered Bank to provide fiat currency services in over 90 countries, starting in the UAE.

Altcoins at ‘sell your house’ levels amid flashing buy signals, says trader

The “Alts buy signal” chart is flashing a buy signal, with a trader linking it to levels Bitcoin hit before its price surged sixfold in six months.

Meta is planning mixed reality glasses they’re calling ‘Puffin’ — Report

Meta is reportedly working on a new pair of mixed-reality glasses in a bid to upset the Apple Vision Pro’s dominance in the augmented-reality wearable market. 

Polygon MATIC may be ‘brewing’ reversal amid sudden spike in onchain activity

On-chain activity for the Ethereum layer-2 network has picked up recently, but token prices remain at deep bear market levels. 

DeFi network Radix team cuts 15% of staff, citing need to ‘refocus’ 

Piers Ridyard, the CEO of RDX Works said the cuts are part of a “more comprehensive set of changes that need to be made.” 

AI crypto tokens wobble as Nvidia posts good but not good enough earnings

AI-related tokens slumped as Nvidia’s Q2 earnings beat Wall Street estimates but failed to impress investors.

Google lets AI depict people again after  diversity-borked images in Feb

Google’s Gemini AI model is back to generating images of people again after pulling the function earlier this year when it produced inaccurately diverse historical images.

OpenAI in talks to raise funds at over $100B valuation: Report

Private documents show OpenAI stockholders are planning to sell shares at a price that would value the firm at $103 billion. Any new investment would see the AI startup valued even higher.

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