AI Bust Could Send Bitcoin Above $1M, Arthur Hayes says

BitMEX co-founder Arthur Hayes said the debt-fueled artificial intelligence infrastructure boom could end in a 2008-style credit crisis and predicted the resulting government liquidity response could drive Bitcoin (BTC) to $1 million or higher.  In a Tuesday blog post, Hayes said investors have mistakenly treated spending on data centers and power infrastructure as high-growth technology … Read more

Bybit Secures Austrian E-Money License for EU Payments

Bybit’s European payments subsidiary has secured an electronic money institution license in Austria, providing the exchange with a regulatory basis to add payment and e-money services to its regional platform.  On Tuesday, Bybit said Bybit Payments GmbH received the license from Austria’s Financial Market Authority. The authorization provides a legal basis for future payment capabilities, … Read more

Hester ‘Crypto Mom’ Peirce Optimistic About Clarity Act

The Security and Exchange Commission’s outgoing commissioner, Hester Peirce, has expressed optimism that the long-awaited Clarity Act will pass.  Speaking on CoinDesk’s The Policy Protocol show, the regulator said that passing the law would help the SEC in drafting regulation.  Lawmakers are pushing to get a vote on the crypto market structure bill — or … Read more

Release Date, Cast, Plot & More – Hollywood Life

View gallery Image Credit: Marcell Piti/Federation Studios/MGM+ MGM+ is retelling the original A Tale of Two Cities in its upcoming four-part limited series of the same name. Starring several recognizable faces, including Game of Thrones alum Kit Harington, the show debuts on the streamer this September. The series is set in 18th century London during … Read more

Self Custody Is Dead. Long Live Self Custody

The Coldcard hack last week dealt a low blow to certain elements of the Bitcoin industry. A somber introspection has begun to question many of the practices and assumptions involved in securing bitcoin at a retail level. The consequences of this process might not be visible for many months.  Some are saying that self-custody is … Read more