Author: Cointelegraph by Pradipta Mukherjee

Bitcoin Investing Made Simple!

ChatGPT maker’s business users top 1M, targets premium OpenAI subscriptions

OpenAI is looking to introduce more expensive subscription plans for upcoming large-language models like the Strawberry and Orion AI models.  Source link

India reconsiders foreign crypto exchange registrations: Report

India’s Financial Intelligence Unit is studying registration requests from four overseas crypto exchanges that were earlier banned for noncompliance with the country’s AML laws. Source link

Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops

Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs. Source link

Over 600 Bitcoin ATMs went offline globally in 2 months 

 Law enforcement authorities are proactively seeking out and closing Bitcoin ATMs that are frequently involved in extortion and scams.  Source link

South Korea to inspect crypto exchanges for suspicious transactions

South Korea’s FSS to enforce stricter regulations on crypto exchanges, with possible legal repercussions for noncompliance. Source link

Penpie hacker launders 26% of $27M stolen funds in 12 hrs

The Penpie protocol hacker funneled $7 million through Tornado Cash hours after stealing $27 million, highlighting DeFi security risks. Source link

Canadian court orders $1.2M Bitcoin loan repayment

The Supreme Court of British Columbia has ordered $1.2 million in damages to be paid in a Bitcoin-related loan dispute, reflecting the growing legal acceptance of cryptocurrencies. Source link

Telegram financial statement shows it holds $400 million in crypto 

The messaging app had about four million premium users at the end of 2023.   Source link

Hong Kong accepts crypto license application past deadline

Hong Kong Digital Asset Xchange Limited is the latest firm to apply for a license, having submitted their application on Aug. 27. Source link

Bankrupt Bitcoin miner Rhodium gets court approval for loan in BTC or USD

The company was authorized to choose between receiving $30 million or 500 Bitcoin loan from Galaxy Digital. Source link