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    Bitcoin Virtual Machine Will Let Users Create AI Models on Bitcoin Network

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    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

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    Nigerian Court Orders Binance to Hand Data on All Nigerians Trading on its Platform: Report

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    “The applicant’s application dated and filed February 29, 2024, is hereby granted as prayed. That an order of this honorable court is hereby made directing the operators of Binance to provide the commission with comprehensive data/information relating to all persons from Nigeria trading on its platform,” the judge ordered, the report said.

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    Bitcoin Flash Crashed to $8.9K on BitMEX

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    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

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    Polymarket Gives Trump a Huge Lead Over Biden

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    Solana was built as an alternative to, at the time, a very expensive Ethereum network, which got many excited about the project. However, two and a half years of upgrades to Ethereum, culminating in the recent Dencun software update, have narrowed the gap in costs.

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    Turning Feature Phones into Bitcoin Hardware Wallets

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    That is an opinion I've held for years, even as I was rolling out the service in new countries. When bitcoin is banned, it forces you to deploy [your] service in a censorship-resistant fashion. When it's not banned, you do what you can and hope for the best. In Nigeria, before they blamed Binance for the economic fallout, they first unbanned bitcoin and then blamed Binance for why the Nigerian Naira is falling. If bitcoin is banned, that is the most ideal [situation] you could have as a builder in Africa. Yes, it forces you to do things in a cumbersome, decentralized, censorship-resistant fashion, but I think that is the way to go.

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    Bitcoin Price Could Drop to $59K Amid Low BTC ETF Inflows, Analyst Says

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    "While this is an unpopular narrative, it would be expected to see inflows slow down after prices experience significant intraday volatility," the report said. "Based on our reversal indicators, a retracement to $59,035 appears more likely, offering better risk-reward entry levels," which would indicate another 10% drop from current BTC prices.

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    Tether’s USDT Gets Delisted on Crypto Exchange OKX in Europe

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    The new rules will require stablecoin issuers to be regulated as electronic money institutions, Jón Egilsson, co-founder and the chairman of Monerium, explained in a CoinDesk article. Hence, many stablecoins currently offered in Europe are illegal because they are not authorized and regulated as e-money transmitters, he added.

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    SEC Committed ‘Gross Abuse of Power’ in Suit Against Crypto Company, Federal Judge Rules

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    In an order Monday, Chief Judge Robert Shelby, from the District of Utah, wrote that the SEC's attorneys misled the court both in applying for a temporary restraining order as well as afterward, when DEBT Box filed to dissolve the order, noting at the end that the order is focused on the TRO question, and not the underlying case.

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    Fidelity Adds Staking to Ether ETF Application, Sending LIDO Up 9%

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    “According to the Registration Statement, the Sponsor may, from time to time, stake a portion of the Fund’s assets through one or more trusted staking providers, which may include an affiliate of the Sponsor (“Staking Providers”),” Fidelity wrote in a 19b-4 form on Monday.

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    Crypto Firm Bakkt Shakes Up Leadership, Names Board Member Andy Main New CEO

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    “Andy has the expertise to lead the company forward from this inflection point, with a focus on broadening our institutional crypto capabilities, growing our client base, expanding internationally, and driving towards adjusted EBITDA breakeven,” Michael said in the press release.

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