Crypto News
UK High Court Grants Worldwide Freezing Order Against Craig Wright
The UK High Court has granted a Worldwide Freezing Order (WFO) against Craig Wright, amounting to £1.548 million (approximately $1.98 million). This decision stems from Peter McCormack’s application, which argued for the necessity of the WFO due to Wright’s fundamentally fraudulent defamation claim. Wright had asserted he was Satoshi Nakamoto, Bitcoin’s creator, and sought damagesSource link
Bitcoin ETF Investors Bought the Dip on Friday, With Inflows Topping $140M
Returning to their screens following the July 4 break, U.S. traders were confronted with prices that had plunged roughly 10% from pre-holiday levels.Source link
Bitcoin’s Market Cap at Risk of Falling Below $1 Trillion for First Time in 4 Months
According to recent statistics on Saturday, July 6, 2024, bitcoin’s market capitalization is nearing the $1 trillion mark. If bitcoin’s value drops by $110 billion, it will hit a low not seen since late February 2024. Bitcoin Market Cap Teeters on $1 Trillion Mark Bitcoin (BTC) has experienced a challenging month, losing about 20% againstSource link
US House of Representatives to Vote on Controversial SAB 121 Bill
US House of Representatives votes on Senate Bill 121, affecting cryptocurrency industry, potentially restricting banks' management and causing concentration risk, requiring Democrats' support. (Read More)Source link
How AI is Paving the Way to a Transhumanist Future
SingularityNET CEO Ben Goertzel discusses how artificial intelligence can help humans advance faster than ever before.Source link