The Communications Legislation Amendment (Combatting Misinformation and Disinformation) Bill 2024 has ignited fervent discussions across Australia, with advocates on both sides of the issue expressing passionate views on its implications. As misinformation continues to pose a significant challenge in today’s digital landscape—especially concerning elections, public health, and critical infrastructure—the government contends that such legislation is
2024
The cryptocurrency market is renowned for its volatility, and Bitcoin (BTC) often leads the charge, rising and falling in unpredictable patterns. Recently, 10x Research, a notable digital asset research organization, has issued a stark warning regarding Bitcoin’s future, suggesting a potential plunge to around $45,000. This prediction does not stem from isolated incidents; rather, it
Bitcoin has been facing a downtrend recently, struggling to break above key levels such as $54,000 and $57,000. However, a fundamental analysis by crypto analyst Kaleo suggests that the cryptocurrency is actually in a healthy position. This analysis compares Bitcoin’s current performance post-halving in April 2024 to its performance in the previous halving cycle in
The Commodity Futures Trading Commission (CFTC) has recently formed partnerships with federal and private organizations to address the growing issue of crypto scams, particularly the rise of “pig butchering” schemes. These scams have resulted in significant financial losses due to a lack of awareness and understanding among consumers. The CFTC, through its Office of Customer
The US Securities and Exchange Commission (SEC) has imposed hefty fines on crypto companies in recent years, with 2024 standing out as the most aggressive regulatory year in the agency’s history. According to a report by Social Capital Markets, the total fines levied by the regulator since 2013 have reached a staggering $7.42 billion, with
Predictions for the Bitcoin price have been fluctuating widely, particularly in the aftermath of a significant crash in the cryptocurrency market. Despite the prevailing bearish sentiments, there are still analysts who remain optimistic about the future of the pioneer cryptocurrency. One group of analysts from Bernstein has taken a bullish stance, suggesting that the Bitcoin
Coinbase CFO Alesia Haas recently disclosed that Vice President Kamala Harris’s campaign has embraced the use of Coinbase Commerce to accept cryptocurrency donations. This revelation was made during a discussion with Citigroup’s director of payments, Peter Christiansen, at the lender’s 2024 Global TMT Conference in New York. The move signifies a shift towards modernizing the
The summer of 2024 has not been kind to the price of Bitcoin, as historical data has shown summers to be generally bearish for the cryptocurrency. Since the beginning of summer in June, Bitcoin has experienced significant weakness, with multiple flash crashes leading to a decrease in value. The price of Bitcoin has plummeted from
In a recent speech at the Korea Blockchain Week 2024 event, US Securities and Exchange Commission (SEC) Commissioner Mark T. Uyeda raised a critical issue regarding the lack of specialized S-1 registration forms for digital asset securities. Uyeda emphasized the necessity of updating the SEC’s regulatory tools to better accommodate the unique features of digital
In the midst of recent price volatility, with Bitcoin dropping below $50,000, there has been a significant slowdown in the momentum of the anticipated bull run. However, some analysts, like CryptoCon, remain optimistic about the future price trajectory of Bitcoin. Despite the current price corrections, CryptoCon predicts a sharp rise to over $100,000 once the