CRYPTO
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Whistleblowers asked the SEC to investigate OpenAI over alleged illegal NDAs
The complainants called the matter “urgent,” but it remains unclear if the SEC will open an investigation. Source link
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Bitcoin traders ‘under pressure’ after deepest correction since 2022 erases profits
83% of short-term Bitcoin traders saw losses after BTC price recorded its deepest drawdown since 2022. Source link
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China to ramp up brain chip program after teaching monkey to control robot
The country’s current progress appears to be on par with Elon Musk’s Neuralink. Source link
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Bitcoin price falls to 2-month low, but derivatives markets reflect traders’ interest
Bitcoin price is pinned below $60,000, but derivatives and stablecoin data show traders remain optimistic. Source link
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Bitcoin hashrate drawdown reaches December 2022 levels
This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities. Source link
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Banque de France, Hong Kong Monetary Authority explore CBDC, tokenization
The HKMA set up Project Ensemble months ago. Now we know why. Source link
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US politicians who may be spinning the news with crypto
Donald Trump seems to have doubled down on digital assets after he was convicted of 34 felony counts in New York. Source link
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SEC drops Ether probe but still seeks billions in penalties from Ripple: Hodler’s Digest, June 16-22
The U.S. Securities and Exchange Commission has dropped its case against Ether. However, in another crypto case, the regulator still demands billions in penalties from Ripple. Source link
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Binance to appeal $4.4M fine from Canadian regulator
The cryptocurrency exchange announced plans to exit the Canadian market in 2023 but may still face enforcement action from local regulators. Source link
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Bitcoin uses more renewable energy, but will Tesla accept it again?
Tesla removed Bitcoin payments citing environmental concerns, but Elon Musk pledged to reinstate them if renewable energy use on the network increased. Source link
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