Author: James Wilson

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James Wilson

James Wilson is a crypto writer and researcher with over 5 years of experience in the industry. He is a graduate of the University of California, Berkeley, where he studied computer science and economics. After graduating, he worked as a software engineer at a major tech company before transitioning to a career in crypto.

Articles by James Wilson

Tom Hanks Issues Warning About AI Impersonator Promoting Dental Plan

23 mins ago 2 mins read

Tom Hanks has issued a cautionary message to his fans regarding an advertisement featuring what appears to be him but is, in fact, an artificial intelligence (AI) fake. In an Instagram post, the renowned actor stated, “There’s a video out there promoting some dental plans with an AI version of me. I have nothing to do with it.” Hanks has previously expressed concerns about the artistic and ethical challenges posed by AI in the entertainment industry. The use of AI-generated content, including deepfake technology, has been a contentious issue in Hollywood, leading to strikes by prominent actors and writers. As

Whales transfer millions of XRP

1 day ago 1 min read

An amount of XRP was swiftly moved, attracting the attention of the crypto community. According to Whale Alert, a crypto data tracking service, a total of 36.3 million XRP, equivalent to $18,775,470, was transferred from undisclosed whale wallets to Bithumb, one of South Korea’s prominent cryptocurrency exchanges. The movement of tokens to exchanges can serve various purposes, including selling, staking, or airdropping. However, the exact motive behind this large XRP transfer remains a mystery. Some speculators suggest it might be a profit-taking move. Notably, XRP has been gaining popularity among South Korean traders, to the extent that it has surpassed

Coinbase CEO says he is surprised that Bitcoin was trading above $20,000 despite negative events

2 days ago 1 min read

Appearing on CNBC’s Squawk Box, Armstrong addressed various topics concerning Bitcoin and the lack of crypto regulation in the United States. Armstrong expressed his pleasant surprise that Bitcoin was trading above $20,000 despite various negative events in the crypto space. He also highlighted that there are around 52 million crypto users in the US, a substantial number. He emphasized that this user base should not be underestimated and pointed out the lack of regulatory clarity in the country. According to Armstrong, U.S. authorities are currently taking the wrong approach to establishing regulations for the cryptocurrency industry. He noted that many

Microsoft exec says Google deals kept Bing small

3 days ago 1 min read

A Microsoft executive testified on Thursday that Google’s deals with smartphone makers and other partners have kept Bing, Microsoft’s search engine, from growing. Jonathan Tinter, a Microsoft vice president, said that Bing has struggled to win default status on smartphones sold in the United States, even though Microsoft has offered to give partners more than 100% of the revenue from Bing search ads. “We were just big enough to play but not big enough to win,” Tinter said. Tinter’s testimony came as part of the US Justice Department’s antitrust trial against Google. The DOJ is accusing Google of abusing its

Is iPhone 15 Pro really too hot to handle?

4 days ago 3 mins read

The iPhone 15 Pro has recently reached consumers worldwide, but multiple complaints have arisen regarding overheating problems. Analyst Ming-Chi Kuo suggested that these issues might stem from design compromises, and new reports from Bloomberg and the Wall Street Journal (WSJ) indicate that the problem may be more significant than initially thought. Many iPhone 15 Pro and iPhone 15 Pro Max users have reported that their devices become excessively hot, even with basic usage like web browsing. Some users claim not to be affected, but social media is filled with posts about overheating iPhone 15 Pro models. One test on a

MicroStrategy Pumps $147.3 Million More into Bitcoin

6 days ago 3 mins read

MicroStrategy, the software company known for its unwavering support for Bitcoin, has once again made a significant addition to its corporate treasury by acquiring an additional 5,445 BTC. This strategic move, made on September 24, 2023, has increased MicroStrategy’s total Bitcoin holdings to an impressive 158,245 BTC, valued at approximately $4.68 billion, with an average acquisition cost of around $29,582 per Bitcoin. The recent Bitcoin acquisition, which amounted to $147.3 million at an average price of approximately $27,053 per Bitcoin, underscores MicroStrategy’s standing as a major player in the institutional Bitcoin investment arena. Michael Saylor, the CEO of MicroStrategy, has

Alchemy Pay Secures Vital U.S. Money Transmitter License

1 week ago 2 mins read

Alchemy Pay, a cryptocurrency payment gateway, is making strides in its global expansion efforts after successfully obtaining a substantial payment license in the United States. On September 20th, the company proudly announced that it had been granted a Money Transmitter License by the Arkansas Securities Department, conferring upon it the authority to engage in various financial activities. This newly acquired license empowers Alchemy Pay to offer services encompassing the issuance and sale of payment instruments, stored value, and prepaid access, as well as the transmission and reception of money, digital currency, or monetary value. Importantly, this achievement marks a momentous

PayPal Introduces PYUSD Stablecoin on Venmo

2 weeks ago 1 min read

PayPal has announced that its PayPal USD (PYUSD) stablecoin is now accessible to Venmo users, expanding the options for seamless transactions among peers. This move comes after the recent unveiling of the payment stablecoin. Initially, PYUSD will be available to “select users,” with plans to roll it out to all Venmo users in the coming weeks, as stated by PayPal. Venmo, a mobile payment app under the PayPal umbrella, will enable users to purchase and send PYUSD to fellow Venmo users and PayPal wallets. One notable feature highlighted by PayPal is that it offers free stablecoin transfers between PayPal and

Mark Cuban Falls Victim to Hackers: Cryptocurrency Wallet Drained

2 weeks ago 1 min read

Billionaire entrepreneur Mark Cuban’s cryptocurrency wallet, known as “mcuban” on OpenSea, experienced some unusual activity on the Ethereum network. The wallet, which had remained dormant for exactly 160 days, suddenly sprang to life as it initiated transfers of all its assets. The total value moved in this transaction amounted to approximately $800,000. Here’s a breakdown of the transfers that took place: This sudden flurry of activity within a matter of minutes has piqued the interest of crypto enthusiasts and observers. The reasons behind these asset transfers remain shrouded in mystery, and speculation has been running rampant. One plausible explanation could

CoinEx Crypto Exchange Hacked: Over $43 Million Stolen

3 weeks ago 1 min read

Hong Kong’s cryptocurrency exchange, CoinEx Global, fell victim to a security breach on Tuesday, resulting in a substantial estimated loss of approximately $43 million in various cryptocurrencies. As the exchange diligently investigates the incident, it has come to light that the breach involved a second set of suspicious wallet addresses. These addresses were used to siphon off a range of tokens, including Ether, XRP, Solana, Kadena, and Dagger. The situation remains fluid as CoinEx works to determine the full extent of the cryptocurrency assets that have been compromised. Before CoinEx released its latest update on the situation, the blockchain security

Solana Takes a 6% Tumble Amidst Fears of FTX Selling

3 weeks ago 2 mins read

Over the last 24 hours, the price of Solana (SOL) has experienced a significant drop of more than 6%. This decline has sparked concerns within the cryptocurrency community, as fears circulate that the troubled crypto exchange FTX may be preparing to liquidate a substantial portion of its holdings, including various Solana-affiliated crypto assets. Data from Solscan reveals that FTX’s estate holds an impressive $1.5 billion in crypto assets on the Solana network. Within this substantial figure, Solana tokens themselves account for only $128 million. The remainder is comprised of a variety of Solana-based altcoins, often referred to humorously as “Sam

Cardano Users Unstake $45 Million Worth of ADA in 7 Days

3 weeks ago 1 min read

Over the last three weeks, Cardano (ADA) has been caught in a consolidation phase, hovering within the $0.25 to $0.28 price range. However, recent on-chain data trends are pointing to potential bearish momentum ahead, casting a shadow over the coin’s performance. Despite a buoyant atmosphere in the broader altcoin market, Cardano’s price has remained relatively stagnant around the $0.25 mark. The latest on-chain activities involving ADA price speculators and DeFi stakers are adding further bearish undertones to the narrative. Towards the end of August, the crypto world witnessed a significant development as Grayscale secured a victory over the SEC in