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Binance launches proof-of-reserves system for Bitcoin reserves
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$4.4 mn stolen in attack on blockchain infrastructure Meter
IANS -
The company said it manages an infrastructure that allows smart contracts to scale and travel through heterogeneous blockchain networks. The Meter network, as well as the Moonriver network, were affected by the hack, reports ZDNet. Blockchain research company PeckShield confirmed that 1391 ETH and 2.74 BTC were stolen during the incident, the report said.
Elon-Musk
Musk's brain implant company 'Neuralink' nears human trials
IANS -
According to dailymail.co.uk, the firm is hiring a clinical trial director, which says the right candidate will "work closely with some of the most innovative doctors and top engineers, as well as working with Neuralink's first Clinical Trial participants". Elon Musk-run brain-machine interface company Neuralink is preparing to launch clinical trials that will implant brain chips in humans.
Jack-Dorsey
Jack Dorsey building open Bitcoin mining system amid climate threats
IANS -
In his latest tweet, Dorsey, who renamed his financial services company Square to Block in December last year, said: "We're officially building an open bitcoin mining system". In a Twitter thread, Thomas Templeton, Block's general manager for hardware, later outlined the company's goals for the Bitcoin mining system.
Amrapali-Gan
OnlyFans appoints Mumbai-born Amrapali Gan as CEO
IANS -
Gan will assume the day-to-day leadership of the company from Tim Stokely, who will be stepping down to pursue new endeavours. Stokely has led the company for the last five years and appointed Gan to continue the company's growth and drive its vision and commitment to empower creators. "Ami has a deep passion for OnlyFans' business and I'm passing the baton to a friend and colleague who has the vision and drive to help the organisation.
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Bitcoin slumps up to 20% after Wall Street selloff
IANS -
Bitcoin, the largest cryptocurrency by market value, was down 18 per cent at $46,571.84 according to data from CoinDesk. It temporarily dipped to $42,000 before bouncing back. Ether, the second-largest cryptocurrency, was down close to 16 per cent, the MarketWatch report said.
cryptocurrency
Unwise for India to place bans on private crypto assets: Report
IANS -
The Indian crypto asset industry has witnessed exponential growth over the last five years. Analysts suggest that more than 15 million Indians now hold digital currencies. As a result, cryptocurrencies, like any other financial asset, need to be regulated in order to ensure consumer welfare as well as promote innovation. This is the key finding of Regulating Crypto Assets in India.
bitcoin
Indian govt aims to block 'irresponsible' crypto ads  
IANS -
In a memo outlining the summering of a meeting of Prime Minister Narendra Modi and the crypto industry players late on Saturday, the government has clearly shown its displeasure over such mushrooming advertisements that promise wild profits. The crypto stakeholders and the government have reached a consensus that such advertisements are misleading youths and must be curbed.
Twitter
Twitter will let users send, receive Bitcoin tips
IANS -
The company is opening up tipping to all its users globally and for the first time will allow users to send and receive tips in Bitcoin, reports Engadget. With the update, Twitter users around the world will have access to tipping, which allows users to send each other cash through apps like Venmo, Cash App, or Bandcamp, GoFundMe and PicPay, a Brazilian mobile payments platform.
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Bitcoin scammers steal $69k using iPhone 13 event as a lure: Report
IANS -
According to AppleInsider, people looking for the Apple Event on September 14 may have stumbled into a lookalike stream, showing old interviews with Apple CEO Tim Cook instead of the "California Streaming" stream.
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Bitcoin mining generates tonnes of e-waste: Study
IANS -
According to a new study by Science Direct, at peak Bitcoin price levels seen early in 2021, the annual amount of e-waste may grow beyond 64.4 metric kilotonnes in the midterm, which highlights the dynamic trend if the Bitcoin price rises further.
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