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Vitalik Buterin Explores Crypto-AI Synergy Amidst Rising Interest in Blockchain and AI Applications

February 1, 2024

In a recent blog post, Vitalik Buterin provided a deep dive into the increasingly intertwined worlds of blockchain technology and AI. Buterin offered an insightful analysis of their potential synergies while cautioning about the complexities and risks involved in their integration. Vitalik Buterin Analyzes the Convergence of Blockchain and AI, Cautions on Integration Risks In a blog post, Ethereum…

Grayscale's Bitcoin Trust Sees Reduction Slowdown as New ETFs Gain Ground With Over 160,000 BTC Acquired

February 1, 2024

In the most recent update, Grayscale’s Bitcoin Trust (GBTC) experienced a decrease of 4,461.36 bitcoin, valued at approximately $190.53 million, over the past day. Since Jan. 12, 2024, GBTC has observed a cumulative reduction of about 124,967.54 bitcoin, equivalent to an…

SEC Moves to Dismiss Lawsuit Against Crypto Company Debt Box, Citing Inaccuracies in Court

February 1, 2024

The SEC has decided to abandon its lawsuit against Debt Box, a crypto company previously accused of defrauding investors of millions. This decision follows the SEC’s acknowledgment of presenting misleading information in court, a revelation that undermines the agency’s…

China's AML Legal Framework Set to Target Cryptocurrency Transactions in Major Update

February 1, 2024

As part of its ongoing efforts to modernize financial regulations, China is revising its Anti-Money Laundering laws to include stringent measures against cryptocurrency-related transactions. This revision, the first since 2007, aims to plug the legal gaps exploited in the burgeoning world of digital currencies. China to Tighten Grip on Digital Assets With Revised Anti-Money Laundering Law China is…

Super Bowl 58 Wagers Heat up — 49ers Lead as Crypto Betting Markets Favor Their Victory

January 31, 2024

In just under two weeks, the National Football League (NFL) champions of the American Football Conference (AFC), the Kansas City Chiefs, and their counterparts from the National Football Conference (NFC), the San Francisco 49ers, will clash in the much-anticipated Super Bowl…

Argentine Government Drops Crypto Legalizing Opportunity From Omnibus Bill

January 31, 2024

The Argentine government, presided by Javier Milei, has resolved to drop the tax opportunities for crypto in the omnibus bill presented to Congress. The bill allowed taxpayers to declare the ownership of some previously undeclared assets, with crypto also included, reducing…

‘Quantum Cats’ Launch Faces Technical Glitches, Taproot Wizards Postpones NFT Sale

January 31, 2024

“Quantum Cats” Bitcoin NFTs was marred by technical issues, forcing the company to postpone the sale. Despite an initially successful minting of nearly 1,000 cats, server overload led to an unexpected delay, causing frustration among eager buyers. ‘Quantum Cats’ Bitcoin NFT Launch Stumbles: Rescheduled Amid Technical Woes The sale of Taproot Wizards’ first collection of Bitcoin…

Bona Fide Wealth President Defines Bitcoin as ‘Digital Gold,’ Discusses Showdown Between Crypto Natives and Traditional Finance

January 31, 2024

Douglas Boneparth, the president and founder of Bona Fide Wealth, recently articulated his perspective on bitcoin, describing it as a digital equivalent of gold or a store of value in the digital realm. In addition, Boneparth further highlighted the contrasts in approach…

US Representative French Hill Optimistic on Progress of Crypto Legislation

January 31, 2024

During a panel discussion at the recent Foundation for Defense of Democracies event, Arkansas Republican French Hill shared a positive update on the trajectory of the Financial Innovation and Technology for the 21st Century Act and the Clarity for Payment Stablecoins Act. US…

Standard Chartered Expects SEC to Approve Spot Ethereum ETFs in May, Pushing ETH to $4,000

January 31, 2024

Standard Chartered has predicted that the U.S. Securities and Exchange Commission (SEC) will likely approve a spot ethereum exchange-traded fund (ETF) in May. The banking giant’s analyst foresees the price of ether rising to $4,000 by the expected approval date. Standard Chartered’s Ethereum ETF Prediction Standard Chartered published a note on Tuesday detailing why it expects the U.S.