K33 CEO Bull Jenssen said his firm hopes to use its Bitcoin holdings as a foundation to offer new services, such as BTC-backed lending.
Stephen Katte
Stephen Katte is an Australian freelance journalist having worked at media companies including Fairfax Media and Nine. He is also the author behind Vanguard, a post-apocalyptic science fiction novel.
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European crypto firm K33 raises $6.2M for Bitcoin buys - News
Nvidia posts mixed Q1, predicts $8B hit with US chip curbs Nvidia shares have jumped nearly 5% after-hours after the chipmaker’s Q1 results beat estimates on revenue but fell short on earnings.
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Crypto czar Sacks says US could possibly ‘acquire more Bitcoin’ White House AI and crypto czar David Sacks says Donald Trump’s crypto executive order allows the government to purchase more Bitcoin if it’s done in a budget-neutral way.
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CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’ Goldsmith Romero thinks the CFTC should work on defining a retail customer and implement bans against co-mingling a company’s assets with customer funds.
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Real-world assets could revitalize dying NFT lending market: DappRadar Average NFT loan sizes have tanked, which DappRadar's Sara Gherghelas says means users are borrowing against low-value assets or being conservative with leverage.
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Humanoid AI-powered robots duke it out in China fight comp Unitree director Wang Qixin says the robotics company used AI and motion capture to train the robots on real fight moves.
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France’s Blockchain Group to buy 590 Bitcoin after bond sale The Blockchain Group’s stock price jumped over 225% in November after it started buying Bitcoin, and is up over 765% so far this year.
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ChatGPT models rebel against shutdown requests in tests, researchers say Palisade Research said AI developers may inadvertently reward models more for circumventing obstacles than for perfectly following instructions.
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Coinbase faces another data breach lawsuit claiming stock drop damages Coinbase is facing another proposed class-action lawsuit over its user data breach disclosure, but this time, investors are claiming damages from the company’s share price drop.
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Hackers using fake Ledger Live app to steal seed phrases and drain crypto Threat actors on the dark web are advertising malware with “anti-Ledger” abilities, but one of the examples examined by cybersecurity firm Moonlock didn’t have the promised features.
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‘No questions asked’ Bitcoin launderer gets 6 years in prison Trung Nguyen was caught after accepting money from undercover cops, making several transactions and sending them Bitcoin in return.
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Pakistan creates Digital Asset Authority to regulate crypto Pakistan’s new regulatory body will be tasked with tokenizing national assets and facilitating the monetization of Pakistan’s surplus electricity through Bitcoin mining.
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Synthetix scuttles $27M Derive deal after community concerns Derive tokenholders were worried about the exchange rate and the overall benefit to the platform, with one user claiming Derive generates more revenue than Synthetix.
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Australian regulator asks High Court to allow appeal in Block Earner case A Block Earner spokesperson told Cointelegraph that ASIC's case against the firm has escalated to a “broader legal question” around the definition of a financial product.
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SEC delays decision on Ether staking and XRP ETFs, as analysts expected Bloomberg ETF analyst James Seyffart thinks the SEC is more likely to first approve a Litecoin ETF amid the raft of crypto funding filings the agency is currently considering.
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NYC Mayor Eric Adams launches crypto advisory council Eric Adams told a crypto conference that he wants to make New York City the “crypto capital of the globe” and will make policy recommendations in the coming weeks.
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SEC charges Unicoin crypto platform over alleged $100 million fraud The SEC claims thousands of investors were drawn in by “fictitious promises” that the crypto assets were backed by billions of dollars in real estate.
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Trump signs bill criminalizing nonconsensual AI deepfake porn Donald Trump has signed a bill backed by first lady Melania Trump that makes it a federal crime to publish nonconsensual AI-generated explicit images.
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Indonesia’s DigiAsia shares pop 90% on plan to raise $100M to buy Bitcoin DigiAsia shares doubled in a single day after the company announced plans to raise $100 million and allocate half of its profits toward buying Bitcoin
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Binance wants arbitration for all members of securities class suit Binance says all members of a class lawsuit alleging it sold securities should be sent to arbitration, claiming they waived their ability to sue the crypto exchange under its terms of use.
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Coinbase hit with wave of lawsuits over customer data breaches Coinbase has been hit with at least six lawsuits over the crypto exchange's recent disclosure that some of its support agents were bribed to leak user data.
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Australian feds seize mansion, Bitcoin allegedly linked to crypto exchange hack The Australian Federal Police said it seized nearly 25 Bitcoin, a waterfront mansion and a Mercedes-Benz car it claimed could be tied to a 2013 crypto exchange hack.
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Crypto gaming interest drops in April, overall ecosystem healthier: DappRadar “The blockchain gaming industry isn’t dead — it’s evolving. It’s moving from noise to signal,” says DappRadar analyst Sara Gherghelas.
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Crypto’s lack of ‘frothy use case’ a good sign: WisdomTree exec Guthrie says there is still a “lot of innovation to do,” and it’s still “very early days,” but the market has matured and has greater sustainability than previous cycles.
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AI scammers are now impersonating US government bigwigs, says FBI Hackers are using deepfake voice messages to steal data from individuals, many of whom are current and former US federal and state officials.
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Sonic Labs wins judgment for Multichain Foundation to wind up Liquidators from KPMG have been appointed by court order to oversee the bankruptcy proceedings of the Multichain Foundation.
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Chainalysis CEO offers a clue into recent spate of Paris crypto attacks There have been two serious attacks in Paris this month targeted at the families of crypto execs, and Chainalysis' Levin has offered one of the reasons why it's happening.
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Democrats seek suspicious activity reports linked to Trump crypto ventures The probe is asking for any suspicious activity reports mentioning Trump, World Liberty Financial, WLF, TRUMP, MELANIA and Justin Sun, among others.
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Ex-Cred execs plead guilty to wire fraud over $150M crypto collapse Former Cred CEO Daniel Schatt and ex-financial chief Joseph Podulka admitted to misleading customers about the firm’s financial troubles as part of a plea agreement.
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eToro IPO raises $620M after pricing shares above range at $52 The Israel-based eToro has boosted its public offering to $620 million after pricing its shares at $52, above its marketed range.