News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
![SEC files charges against Quantstamp for $28M initial coin offering](https://img.bitgetimg.com/multiLang/image/98e3ad74f65a084d5bb6edc6fd6fd75a1690380180333.a4d6807-c85c-4aca-aa9f-343e443bf002.jpg)
Quantstamp agreed to settle charges and will repay proceeds from its 2017 ICO that raised $28 million.
![Meta Platforms fined $14 million for Onavo privacy issues: Report](https://img.bitgetimg.com/multiLang/image/5b798c76ee312707528515ad4f8286f61690380182393.ffa6f8c-4e93-4efb-a280-6d94b787be67.jpg)
The decision in an Australian court was driven by increasing concerns about illicit activities in the crypto market and the desire to safeguard investors.
![Google, OpenAI, Microsoft form ‘Frontier Model Forum’ to regulate AI development](https://img.bitgetimg.com/multiLang/image/c8414b8ee6c67d1c8279e0603621d50f1690380184686.738a6a5-aa88-48ca-8d8e-33a3e2f0826c.jpg)
The Big Tech giants came together to form the Frontier Model Forum in a joint effort to focus on the “safe and responsible” development of frontier AI models.
![Alibaba to support Meta’s AI model Llama: Report](https://img.bitgetimg.com/multiLang/image/ed99da88276fed6cf66c2db38c93cf751690380186723.83ba13d-f71f-4de0-a8b3-e9661a3643d5.jpg)
Alibaba’s cloud computing service taps Meta’s artificial intelligence model Llama to power new software development.
![Ant Group reportedly plans IPO, blockchain firm discloses offer price on Nasdaq](https://img.bitgetimg.com/multiLang/image/2bd55073ed750a392df1e67dac9c12941690380191973.5ebfe8c-6b24-47f2-86df-31fcf13943fb.jpg)
Ant Group is reportedly cutting off its blockchain and database management businesses from its main entity to prepare for an upcoming public offering.
![US Senate wants companies to report investments in Chinese technologies](https://img.bitgetimg.com/multiLang/image/3ee072ce4931db3425b0dde706e7d8491690363915462.c211515-8b6b-435e-a5bb-39464fa1d74a.jpg)
The Senate overwhelmingly supported legislation requiring U.S. companies to report any outbound investments into Chinese technologies.
![PacWest stock flash crash recovers after rescue merger with Banc of Cali](https://img.bitgetimg.com/multiLang/image/8b25edeba8fdcd8ce1440abc3c2dec821690363917819.ecc70e4-b560-462c-8b57-ea022716283d.jpg)
PacWest shares crashed 27% before recovering on a rescue acquisition by the smaller Banc of California.
![Miami Heat’s Jimmy Butler seeks dismissal from Binance promo class suit](https://img.bitgetimg.com/multiLang/image/674c1b0fe7beb547e4acae29f63373fe1690363920000.a116c41-4af1-435b-8b37-251fc4269742.jpg)
Lawyers for the basketball star claim he did not mention any alleged securities but instead warned of celebrities promoting crypto investments.
![Namibia signs crypto exchange regulation bill into law](https://img.bitgetimg.com/multiLang/image/c875e2783bda2275bb6c9489465ea8061690363920167.018bcaf-2f6a-4006-b738-401e4b386d9b.jpg)
The law will officially enter into force at a date determined by Namibia’s Ministry of Finance.
![Deloitte, Chainalysis alliance to give law enforcement a crypto edge](https://img.bitgetimg.com/multiLang/image/b71eb001cd81bca3a1dc40e5eb7bf7d71690363920331.7e01642-ea80-40dc-a25b-d06d44576384.jpg)
Big Four accounting firm Deloitte said the partnership could help authorities identify and take down bad actors hiding “behind the keyboard.”
- 03:33Data: The Australian Bitcoin Spot ETF, IBTC, has purchased a total of 80 BTCAccording to data shared by Monochrome, Australia's first Bitcoin spot ETF (IBTC) has purchased 80 BTC since its launch.
- 03:30SD surged past $0.74, with a 24-hour increase of 63.71%According to Bitget market data, SD has broken through $0.74, with a 24-hour increase of 63.71%, and is now quoted at $0.647. The market fluctuates greatly, please manage your risk well. Coinbase's main site suddenly announced the launch of Stader, which was unexpected by the market, and Stader surged as a result. Furthermore, Stader's TVL (Total Value Locked) is steadily increasing in 2024 and currently has $500 million in TVL, holding a good position in the LSD track with fundamental support.
- 03:11A certain smart money address has once again deposited 1800 ETH to CEXAccording to @ai_9684xtpa's monitoring, the smart money that made a profit of 12.68 million USD from buying low and selling high on ETH has once again deposited 1800 ETH into CEX, worth 5.5 million USD. This address cleared out its position of 13,140 ETH built over the past three years at an average price of 2075 USD per ETH on July 9th, and currently still holds a balance of 2,384 ETH valued at approximately $7.31 million.