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Crypto News
Elon Musk’s AI startup xAI wants to raise up to $4 billion and be valued at $18 billion
In order to reach his goal of a post-deal value of $18 billion for the firm, Musk is hoping to raise $3 billion to $4 billion.
The new artificial intelligence (AI) business xAI, founded…
China’s Impact on the Bitcoin Mining Infrastructure of the United States Is a Subject of…
The position of China in the cryptocurrency space has become a hot topic amid rising worries about infrastructure vulnerabilities and national security.
U.S. policy against Chinese tech…
Australians prefer commercial banks over retail CBDC for privacy
Commercial banks are much more popular among Australians than a digital currency that the central bank is planning to provide to the public.
It would seem that Australia has already made…
Telegram Denies vulnerability, But Experts Say Desktop Users Are at Risk
Attacks using specially designed media assets, such as photos or movies, may target users due to a vulnerability in the Telegram Desktop application.
The blockchain security company…
Tesla is preparing to report earnings for the first quarter of 2024 facing reduced expectations
Production issues and rising competition are likely to cause a drop in Tesla's Q1 2024 profits.
Financial experts are predicting a steep decline in profits per share (EPS) for Tesla Inc.…
Voyager obtains $484 million to repay creditors in bankruptcy
The estimated payment of this secured amount, including interest, is about 25% of the total claims against Voyager creditors.
Voyager Digital, a defunct cryptocurrency company, has…
CCC of Queensland seeks to modernize confiscation laws in order to facilitate the…
The Crime and Corruption Commission (CCC) of Queensland has recommended updating the state's laws regarding the acquisition of digital assets due to loopholes that unintentionally promote…
Australian Authority Files Appeal Over Crypto Product Verdict by Finder
Even though the Federal Court rejected ASIC's lawsuit against Finder Earn, a cryptocurrency product from Finder Wallet, the Australian securities agency is taking the matter to appeal.
…
The Swiss National Bank is Concerned of Public Digital Currency but Receptive to Wholesale CBDC…
Retail Central Bank Digital Currencies (CBDCs) have the Swiss National Bank (SNB) worried that they might cause financial system instability.
Given the present market's efficiency and…
Minneapolis FED President Neel Kashkari Discussed Bitcoin
Recent remarks by Minneapolis Federal Reserve President Neel Kashkari raised red flags over the potential dangers of cryptocurrency.
Kashkari expressed worry regarding consumer…