Business

‘Buy Bitcoin’ search queries on Google surge 826% in the UK

[ad_1] Google searches for “buy Bitcoin” have surged worldwide amid a major crypto rally, with searches in the United Kingdom growing by more than 800% in the last week.According to research from Cryptogambling.tv, the search term “buy Bitcoin” spiked a staggering 826% in the U.K. over the course of the seven days. Global search terms related to purchasing Bitcoin have surged worldwide. Source: Google Trends“The remarkable surge in 'buy Bitcoin'
Business

Ryder Ripps ordered to pay Yuga Labs $1.6M in copyright lawsuit

[ad_1] A United States district court judge has ordered nonfungible token (NFT) artists Ryder Ripps and Jeremy Cahen to pay Bored Ape Yacht Club creator Yuga Labs a total of $1.57 million in disgorgement and damages, along with legal fees, bringing an end to the long-running “copycat” NFT lawsuit.The Oct. 25 order follows an April 21 partial summary judgement granted in favor of Yuga Labs after the firm claimed that
BLOCKCHAIN

Scammers create spoof Blockworks site to drain crypto wallets

[ad_1] Phishing scammers have cloned the websites of crypto media outlet Blockworks and Ethereum blockchain scanner Etherscan to trick unsuspecting readers into interacting with a phishing site.A cloned Blockworks site displays a fake "BREAKING" news report of a supposed multimillion-dollar “approvals exploit” on the decentralized exchange Uniswap and encourages users to a faked Etherscan website to rescind approvals.The fake Blockworks website (left) shows a fake breaking news story of a
BLOCKCHAIN

China’s Didi Chuxing Debuts Digital Yuan Services

[ad_1] Source: THINK b/Adobe China’s ride-sharing giant Didi Chuxing has unveiled a new digital yuan service that will let citizens in 250 parts of the nation use their CBDC coins to rent motorcycles. Per the Xi’an Business News Network, the move involves the Didi Chuxing affiliate Didi Qingjue, which operates an app-powered motorcycle-sharing service. Previous developments have seen Didi Chuxing affiliates offer digital yuan-holding customers CBDC payment options for bicycles
BLOCKCHAIN

SBF Testifies in Hearing, Claims Alameda Research had Right to “Borrow” Funds

[ad_1] . Disgraced FTX founder Sam Bankman-Fried took the stand for the first time in his landmark fraud trial without the jury present. With numerous pieces of evidence and lines of testimony in contention between the prosecution and the defense, Judge Kaplan sent the jury home early Thursday in order to hammer out which arguments may be presented to them. A missing piece of evidence In the defense’s direct examination,
ALTCOIN

Bitmain’s Latest Air-Cooled Antminer Set for Q1 2024 Shipping

[ad_1] Source: Bitmain Bitcoin mining firm Bitmain has formally launched the Antminer T21, a new air-cooled Bitcoin miner. The company made the announcement today, October 26, on X. The Antminer T21 is the company’s new air-cooling miner, which can tolerate temperatures as high as 45 degrees Celsius. The new mining gear from Bitmain is anticipated to ship in January 2024. 🔥ANTMINER T21 World Premiere!🎉A big hit of T21!19J/T 190T👍Adjustable from
Business

Cynthia Lummis leads the charge calling for DOJ action against Binance and Tether

[ad_1] Cynthia Lummis, a crypto proponent representing Wyoming in the United States Senate, has called on the U.S. Justice Department to consider charges against crypto exchange Binance following the terrorist group Hamas’ attack on Israel.In an Oct. 26 letter to U.S. Attorney General Merrick Garland, Lummis and Arkansas Representative French Hill urged Justice Department officials to “reach a charging decision on Binance” and “expeditiously conclude” investigations of allegedly illicit activities
BLOCKCHAIN

UK Lawmakers Roll Out Legislation to Seize Cryptocurrencies

[ad_1] Source: FCA The UK Parliament has passed a bill that allows law enforcement authorities to seize cryptocurrencies associated with illicit activities. This includes investment scams, hacks, terrorism financing, money laundering, and drug trafficking. Per an official announcement on its website, the new bill, dubbed the ‘Economic Crime and Corporate Transparency Act,’ will expand the authority of local law enforcement to clamp down and recover digital assets linked to cybercrimes.
ALTCOIN

Bitcoin Price Prediction as BTC Builds New Support at $34,500 – When is The Next Leg Up?

[ad_1] Bitcoin , the pioneering cryptocurrency, remains strong on Thursday morning, comfortably hovering around the $34,000 mark. The total market cap of all digital currencies has climbed to an impressive $1.27 trillion, reflecting a 1.33% increase over the last 24 hours. Over the past week, Bitcoin has showcased a formidable rally, registering a 23% spike and currently hovering near $34,700. Two pivotal catalysts underpin this surge: the anticipated nod for
BLOCKCHAIN

SEC Chair Gensler Keeps Quiet on Bitcoin ETF Plans After Grayscale Ruling – Here’s the Latest

[ad_1] SEC chair Gary Gensler. Source: A video screenshot, YouTube / SEC Despite tremendous pressure to approve a spot Bitcoin ETF for trading on public markets, Securities and Exchange Commission (SEC) chairman Gary Gensler refuses to discuss his agency’s next steps. On Monday, the SEC received an order from the Court of Appeals to review Grayscale’s Bitcoin ETF application. The company owns the world’s largest Bitcoin fund, which it plans