A group of major technology companies building AI solutions have formed a new initiative to address the growing challenge of identifying AI-generated synthetic media and “deepfakes.” The Coalition for Content Provenance and Authenticity (C2PA) includes Adobe, Microsoft, Intel, and other tech firms. Their goal is to create an open standard that can certify the origins […]
Mammoth $200M Bitcoin single-day inflow to exchanges mirrors key 2023 moments
Quick Take Yesterday, Oct. 11, exchanges noted an inflow of around 8,000 Bitcoins, equating to approximately $200 million, signaling a significant shift in crypto market dynamics. Most of these transactions ranged from $1M to $10M, suggesting that ‘whales’ or large-scale investors were likely active, particularly as Bitcoin’s price fell below $27,000. These sizeable inflows are […]
Investors May Soon Enter A Disbelief Phase-Will This Affect the Bitcoin (BTC) Price?
The post Investors May Soon Enter A Disbelief Phase-Will This Affect the Bitcoin (BTC) Price? appeared first on Coinpedia Fintech News The crypto markets witnessed a significant drop in the past few days, which has dropped the levels from $1.07 trillion to the current levels of around $1.05 trillion. Alongside, the Bitcoin price flashes extreme […]
FTX and Genesis Settle in Cryptocurrency Bankruptcy Case!
The post FTX and Genesis Settle in Cryptocurrency Bankruptcy Case! appeared first on Coinpedia Fintech News FTX and Genesis Global Trading (GGC) have reached a settlement agreement approved by a New York bankruptcy judge. The settlement allows FTX-affiliated Alameda Research to receive $175m from GGC, after FTX debtors collectively asserted claims totalling approximately $3.9bn in […]
Binance Futures Launches BIGTIME Perpetual Contract with 20x Leverage!
The post Binance Futures Launches BIGTIME Perpetual Contract with 20x Leverage! appeared first on Coinpedia Fintech News Binance Futures has announced the launch of its latest perpetual contract offering, the USDⓈ-M BIGTIME Perpetual Contract. This contract, set to launch on October 12th, will allow traders to leverage up to 20x and trade the BIGTIME asset […]
Binance Coin Price Losing Momentum! Will The BNB Price Plunge Below $200 Soon?
The post Binance Coin Price Losing Momentum! Will The BNB Price Plunge Below $200 Soon? appeared first on Coinpedia Fintech News The crypto verse experiences another negative trading day as the market loses momentum. Bitcoin price continues to trade below $27K, with Ethereum price below $1600, indicating the top coins to trade under a bearish […]
Federal Reserve Officials Maintain Cautious Stance on Interest Rates
Coinspeaker Federal Reserve Officials Maintain Cautious Stance on Interest Rates Federal Reserve officials have opted to maintain their cautious approach to monetary policy, leaving interest rates unchanged during their September meeting. Minutes from the September 19-20 meeting revealed a consensus among policymakers that the US economy faced mounting uncertainties. Most meeting participants believed a further […]
China’s Central Huijin Investment Bolsters Stake in Top 4 Banks to Stabilize Stock Market amid Economic Challenges
Coinspeaker China’s Central Huijin Investment Bolsters Stake in Top 4 Banks to Stabilize Stock Market amid Economic Challenges China’s sovereign wealth fund, Central Huijin Investment Ltd, has taken a significant step to bolster the country’s struggling stock market. In a move similar to its 2015 intervention, Huijin has increased its stake in China’s top four […]
BlackRock Seeks Court-Approved Crackdown on Potentially Fraudulent Copycat Sites
Coinspeaker BlackRock Seeks Court-Approved Crackdown on Potentially Fraudulent Copycat Sites The New York-based investment giant BlackRock Inc has called for a crackdown on dozens of domain names that have been registered to imitate the investment firm as they could potentially be used to defraud investors. Blackrock is seeking a court-ordered strike on the domains and […]
Microsoft to Appeal IRS’s $29B Back Taxes Claim
Coinspeaker Microsoft to Appeal IRS’s $29B Back Taxes Claim The United States Internal Revenue Service (IRS) has informed Microsoft Corp (NASDAQ: MSFT) that it owes back taxes of $28.9 billion “plus penalties and interest” for the tax years 2004 through 2013. In an 8-K filing on Wednesday, the corporation revealed that it had received Notices […]