Author: Cointelegraph By Stephen Katte

Bitcoin Investing Made Simple!

Chinese microchip company says it’s now accepting Bitcoin as payment 

Shares in China-based crypto mining chip designer Nano Labs rose slightly after announced it is now accepting Bitcoin as payment for its goods and services through a business account on Coinbase. In a Nov. 11 statement, the Huangzhou-based crypto mining chip maker, which is listed on the Nasdaq, said the move was part of a…
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Bitcoin sudden pump to $81K annihilates $180M shorts in half a day

About $180 million in short positions have been wiped as Bitcoin hit another new all-time high of $81,358.  Source link

DOJ charges crypto exchange operator of laundering Silk Road money

Along with money laundering, Maximiliano Pilipis is also accused of failing to file a tax return for income generated in 2019 and 2020.  Source link

Disappearing Satoshi statue in Lugano took 21 months to create, says artist

Valentina Picozzi, an Italian artist, and orthodontist, became a Bitcoiner in 2012 and has been an activist artist since. Source link

Researchers hack AI-enabled robots to cause ‘real world’ harm

Penn Engineering researchers said they created an algorithm that bypassed normal safety protocols stopping AI-powered robots from performing harmful actions.  Source link

Bitfinex hacker should get 5 years jail for 120K BTC heist: Feds

Ilya Lichtenstein, who stole 120,000 Bitcoin in a 2016 hack on Bitfinex, should receive a reduced sentence of five-years in prison, prosecutors say.  Source link

Early Bitcoin-era whale moves $630K to Kraken, $5.5M in 2 months

After the latest $630,000 transfer, the Bitcoin whale has now sent $5.47 million worth of Bitcoin to Kraken in the last two months.  Source link

Praxis gets $525M for utopic crypto, AI-friendly city

Praxis, a self-described internet-native alliance, said it received $525 million in funding to build a lesser-regulated tech-friendly city.  Source link

Crypto Companies paid $19B in Settlements to US Regulators in 2024

Since 2019, US regulators have collected a total of $31.92 billion in settlements from 25 crypto companies across various lawsuits.  Source link

Crypto staking Jarretts again sue IRS over block reward taxes

A previous case brought by Josh and Jessica Jarrett was dismissed in 2022 after the IRS conceded to refund some of the tax paid.  Source link