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Mt. Gox, the defunct Bitcoin exchange that suffered a major collapse in 2014, has initiated the distribution of payouts to its creditors. The exchange transferred over 140,000 bitcoin (BTC), valued at around $9 billion, to an unknown address as part of its repayment plans . This movement of a substantial amount of BTC has raised concerns about potential market liquidity and price stability

2024-06-18 05:48:28

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On June 17, blockchain analysis company CertiK reported that the hacker responsible for the $4.3 million Remilia exploit in March had moved the stolen crypto assets to the crypto mixer Tornado Cash . The assets, which included 1,209.5 Ether (ETH) worth about $4.3 million, were traced back to multiple addresses linked to the Remilia hack on March 16

2024-06-14 10:14:59

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According to recent reports, Bitcoin whales have been accumulating a significant amount of Bitcoin during a market correction. In a 24-hour period, Bitcoin whales accumulated a combined 20,600 BTC, which is worth approximately $1.38 billion

2024-06-14 10:08:22

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According to multiple sources, including Reuters and CNA, Tesla shareholders have approved CEO Elon Musk's $56 billion pay package. This approval serves as an endorsement of Musk's leadership and an incentive for him to continue focusing on Tesla, which is his biggest source of wealth

2024-06-12 14:43:36

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US small business sentiment increased in May. The National Federation of Independent Business (NFIB) reported that its Small Business Optimism Index rose to 90.5, marking the second consecutive month of growth after a significant decline in March The increase in small business sentiment is attributed to several factors. Firstly, the labor market showed resilience with higher-than-expected job growth in May, as reported by the Labor Department

2024-06-12 14:42:19

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Bitcoin spot exchange-traded funds (ETFs) have experienced net outflows after 19 consecutive days of inflows . The net outflows occurred on Monday, coinciding with a crypto selloff in the market . The US spot Bitcoin ETFs registered a net outflow of about $65 million on that day
. Grayscale's GBTC recorded $66.88 million in net outflows, while funds from BlackRock, Ark Invest, and Bitwise recorded net inflows

2024-06-12 14:40:05

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The U.S. Federal Trade Commission (FTC) has issued a warning to consumers about the rise in pig butchering crypto scams. These scams involve fraudulent crypto investment schemes, often originating from Asia, that have become a billion-dollar industry globally

2024-06-12 14:38:59

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The Australian government has implemented a ban on using cryptocurrencies and credit cards for online gambling platforms in an effort to protect its citizens from financial harm . The ban was enacted on June 11, 2024, and the country's communications watchdog has been empowered to enforce the new restrictions . The ban includes digital currencies and credit cards linked to digital wallets

2024-06-12 14:38:03

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Judge Aileen Cannon, the federal judge overseeing the federal criminal classified documents case against Donald Trump and his co-defendants, has denied efforts to dismiss nearly 10 of the 41 charges in the indictment against them on several technical issues. However, she did agree with the defendants that some of the language in the indictment was legally unnecessary and ruled that one of the paragraphs would be removed from the indictment

2024-06-12 14:37:09

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The U.S. Commerce Department has announced plans to award Rocket Lab $23.9 million to enhance the production of compound semiconductors used in satellites and spacecraft
. This award is part of the Biden administration's $52.7 billion chip manufacturing and research subsidy program . The funds will be used to support Rocket Lab's unit, SolAero Technologies Corp, in creating a more robust and resilient supply of space-grade solar cells that power spacecraft and satellites

2024-06-12 14:36:00

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Donald Trump Jr. has publicly expressed his opinion that his father, Donald Trump, is a strong advocate for Bitcoin. In a statement, Donald Trump Jr. declared that his father is the best choice for Bitcoin . This aligns with the Trump administration's history of involvement with Bitcoin and cryptocurrency

2024-06-12 14:35:04

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the first half of 2024 has seen a significant increase in the number of new Bitcoin addresses. Approximately 7.3 million new BTC addresses have been added during this period. This surge in new addresses indicates a growing interest in Bitcoin and suggests an expanding user base.

2024-06-12 14:34:01

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MediaTek, a Taiwanese chip design giant, is developing an Arm-based personal computer (PC) chip that will run Microsoft's Windows operating system. This chip is specifically designed to support the artificial intelligence (AI) applications that Microsoft believes are the future of consumer computing.

2024-06-12 14:33:01

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the Japanese corporation Metaplanet has acquired more Bitcoin, leading to a significant increase in its stock price. Metaplanet, a publicly traded company on the Tokyo Stock Exchange, announced an investment of 23.351 bitcoins, which is equivalent to approximately $7.3 million
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2024-06-12 14:32:02

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Former President Donald Trump has expressed his support for the Bitcoin mining industry in the United States. After hosting a meeting with several executives from U.S. crypto mining firms, Trump reiterated his support for the industry and stated that he wants all the remaining Bitcoin to be "made in the USA"

2024-06-12 14:30:56

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According to a former Coinbase business developer, there wasn't a long-term case for Bitcoin payments. While this statement is attributed to a former employee, it is important to note that opinions on the long-term viability of Bitcoin payments may vary. It is recommended to consider multiple perspectives on this topic.

2024-06-12 14:30:07

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Since April 2024, Bitcoin Runes has been leading in onchain activity, surpassing both Ordinals and BRC-20 in transaction share
. Runes is a standard for creating fungible tokens on the Bitcoin network and has gained significant traction in terms of transaction volume and community interest

2024-06-12 14:29:08

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Tether, the stablecoin giant, has announced plans to invest at least $1 billion in deals over the next 12 months through its venture capital arm . The CEO of Tether, Paolo Ardoino, stated in an interview with Bloomberg that the company expects to allocate a significant portion of its revenue to investments in emerging markets, artificial intelligence (AI), and biotech

2024-06-12 14:28:20

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DeFi Technologies, a Canadian fintech firm, has announced its plans to launch a validator node on the Core Chain blockchain and stake nearly $100 million worth of Bitcoin (BTC) on it . This move allows DeFi Technologies to participate in network consensus and earn rewards for validating transactions and staking on the Core Chain network

2024-06-12 14:27:21

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Uniswap, the decentralized cryptocurrency exchange, has recently hired Katherine Minarik, a former attorney at Coinbase, as its Chief Legal Officer (CLO) . This move comes as Uniswap prepares for a potential legal battle with the U.S. Securities and Exchange Commission (SEC). The SEC has charged Coinbase with operating as an unregistered national securities exchange, broker, and clearing agency

2024-06-12 14:26:25

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Bitcoin net shorts have reached a record high of $7.5 billion, largely driven by a popular market-neutral trade strategy known as the basis trade. The basis trade aims to profit from discrepancies between spot and futures markets. This strategy has resulted in significant short interest in almost 18,000 CME Bitcoin futures contracts

2024-06-12 14:25:35

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Former President Donald Trump has expressed his support for the cryptocurrency mining industry during a meeting with Bitcoin miners at his Mar-a-Lago estate . Trump emphasized the importance of Bitcoin miners in stabilizing the energy supply from the grid and voiced his intention to support them if he returns to the White House

2024-06-12 14:24:45

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South Korean AI chip developers Rebellions Inc and Sapeon Korea Inc are planning to merge, according to a statement from Sapeon parent company SK Telecom Co. The merger is seen as an attempt to challenge global AI chip leader Nvidia and to capitalize on the growing demand for artificial intelligence technology

2024-06-12 14:23:49

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The European Commission has announced that it will impose provisional duties on imports of Chinese electric vehicles (EVs) of up to 38.1% . These tariffs are likely to be in place by July and are expected to draw stern words and possible retaliation from China
. The specific tariff rates for different companies are as follows: 17.4% for BYD, 20% for Geely, and 38.1% for SAIC

2024-06-12 14:22:49

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Hunter Biden has been convicted of all three felony charges related to the purchase of a revolver in 2018, where he was accused of lying on a mandatory gun-purchase form by stating that he was not illegally using or addicted to drugs

2024-06-12 04:50:34

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Based on the search results, there is no clear consensus or definitive evidence to support the claim that Donald Trump is currently broke. It is important to note that financial information about individuals, especially high-profile figures like Donald Trump, is often subject to speculation and varying interpretations.

2024-06-12 04:50:03

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Based on the search results, I couldn't find any information about Democrats commissioning a video message-board truck to harass Robert F. Kennedy Jr in downtown Austin, Texas. It's possible that this event may not have received widespread coverage or it may be a recent development that hasn't been widely reported yet

2024-06-12 04:49:29

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Several meme coins based on the themes of Joe Biden and Donald Trump have gained popularity on the Solana blockchain. These meme coins are a form of cryptocurrency that often use humor and satire to attract attention and create a sense of community among their holders.

2024-06-12 04:48:50

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The exact details and reasons behind Altman's departure and subsequent return are not explicitly mentioned in the search results. However, it is clear that there were significant changes in leadership at OpenAI during that time.

2024-06-12 04:48:16

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When considering Bitcoin as an inflation hedge, it's important to understand that Bitcoin itself is not adjusted for inflation. Bitcoin's value is determined by supply and demand dynamics in the market, and its scarcity is one of the factors that some people believe makes it an attractive hedge against inflation.

2024-06-12 04:32:13

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Gold and cryptocurrencies have gained popularity as investment options in recent years. Both are considered alternative investments that can provide diversification and potential hedging against economic uncertainties.

2024-06-12 04:31:24

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Bill Ackman, the billionaire hedge fund investor, has expressed interest in buying Bitcoin. While there have been mentions of Ackman discussing cryptocurrencies in the past, such as his comments on investing in some crypto projects and crypto venture funds

2024-06-12 04:30:01

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Bitcoin miners are currently consuming energy at a record pace during the crypto runup. After recovering from a near-death experience during the most recent crypto winter, Bitcoin miners are back in survival mode, spending billions of dollars on equipment and drawing energy at an unprecedented rate

2024-06-12 04:29:16

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Former President Donald Trump held a rally in Rome, Georgia, where he once again claimed that writer E. Jean Carroll made false accusations against him . Trump's remarks at the rally referred to the civil court judgments against him in the Carroll case, which he is currently appealing
. Carroll filed a lawsuit against Trump in 2019,

2024-06-12 04:28:33

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Wyoming has recently passed a law that grants decentralized autonomous organizations (DAOs) a new legal structure called "decentralized unincorporated nonprofit associations" (DUNAs) . This new legal framework allows DAOs to establish themselves as unincorporated nonprofit associations in the state of Wyoming . The law was signed by Wyoming Governor Mark Gordon and is set to take effect on July 1, 2024