Bitfarms Delays Meeting Due to Riot’s Board Change Demand
Bitfarms postponed its October shareholders’ meeting to November 6 after Riot Platforms, its largest shareholder, pushed for changes to the board, including appointing Ben Gagnon as CEO. In response to Riot Platforms, the company’s largest shareholder, Bitfarms has rescheduled its October shareholders “special meeting” to November 6. Riot released an open letter to Bitfarms shareholders […]
Telefónica Tech Joins Polygon’s Privado ID as Integrator
Telefónica Tech has become a system integrator for Polygon’s Privado ID, incorporating its tools into Telefónica’s managed blockchain service, TrustOS. Telefónica, a Spanish telecommunications company, has become a system integrator of Polygon’s identity solution, Privado ID, in anticipation of the European Union’s implementation of trusted digital identity purses in all of its member states. Privado […]
Bitcoin ETFs See $28.6M Inflows Following Days of Outflow
On September 9, the US spot Bitcoin exchange-traded funds (ETFs) experienced a net inflow of $28.6 million, deviating from the 8-day streak of outflows. BlackRock’s iShares Bitcoin Trust (IBIT) experienced its third-ever day of net outflows totaling $9.1 million. This is the smallest outflow on record, with the largest being $36.9 million on May 1 […]
AI Deepfake Attacks May Extend Beyond Videos, Audio
Security firms caution that the attack method may expand beyond video and audio as artificial intelligence (AI) powered deepfake schemes become more prevalent. In the second quarter of 2024, malicious actors have intensified their operations by employing AI-powered deepfake schemes to defraud crypto holders, according to a software firm Gen Digital report on Sept. 4. […]
Bitwise CIO Signals Major Bitcoin ETF Adoption
Bitwise CIO Matt Hougan said BlackRock Bitcoin ETF is one of 2024’s fastest-growing ETFs with wealth adviser participation. The inflows into spot Bitcoin ETFs have turned positive after two weeks of substantial outflows totaling over $1.2 billion. This shift coincides with a rebound in Bitcoin’s price, which has risen by more than 4.40% to reach […]