Sam Bankman-Fried’s lawyer says FTX fraud trial was “almost impossible” to win: Report
The head of Sam Bankman-Fried’s legal defense admitted the odds of winning the FTX fraud trial were stacked against the former CEO.
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AI guidance for judges in England and Wales warns against risks
Senior judges in the U.K. have published AI guidelines for the judiciary to follow, which advise how to use AI and warn of the potential risks of using the technology in trials.
Dubai awards conditional crypto license to climate-friendly Web3 firm
AYA is a climate-focused launchpad that supports innovations around sustainability, such as reforestation, nature credits, mangrove conservation and sustainable agriculture.
Buy the dip, sell the rip? BTC price levels to watch as Bitcoin taps $42K
Bitcoin preserves $40,000 as support and bounces higher as traders eye the impact of “institutional sized” moves on BTC price.
Bitcoin dev denies adding inscriptions to National Vulnerability Database
Bitcoin core developer Luke Dashjr said he played no part in flagging Bitcoin inscriptions as a cybersecurity threat with the NVD, as the listing received a “5.3 Medium” severity score.
IRS tax bill will swipe creditors of any ‘meaningful recovery,' says FTX
FTX Trading said the firm “never earned anything anywhere near the amount” that would justify a $24 billion tax bill.
Avalanche was ‘undervalued’ before posting 79% weekly gain: Analysts
AVAX surged while other tokens plunged, with analysts pegging its outperformance on being relatively undervalued while forging new partnerships with JPMorgan and Citi.
Don’t panic: Only 11 of 330 Elizabeth Warren’s bills have ever passed
Support for the Digital Asset Anti-Money Laundering Act is growing in Congress, but most bills sponsored by legislators never become law.
El Salvador's Volcano Bond gets regulatory approval, targets Q1 launch
The Volcano Bond was approved by the country's Digital Assets Commission on Dec. 11, with issuance expected in Q1, 2024.
Yuga Labs co-founder addresses comeback rumors amid ongoing health break
Wylie Aronow said he’s been seeing a number of tweets this week asking when he’s planning to return to the helm at Yuga Labs.
More US senators back Elizabeth Warren’s AML bill targeting crypto
The legislation, reintroduced in July, already has the support of several U.S. lawmakers, but critics have suggested it could threaten financial freedom and privacy.
Bitcoin price sell-off continues, but data highlights need for healthy correction
Bitcoin price opened the week with a sharp sell-off, but on-chain and technical data points to a much-needed cooling-off period.
Japan’s SBI looks to Saudi Aramco as it continues Middle East expansion
They have signed a memorandum of understanding on digital asset investment and semiconductor production.
CZ must stay, Do Kwon to be extradited: Law Decoded
A Seattle district court ruled out CZ’s departure to the UAE, and the Montenegrin justice minister plans to grant the United States request for Do Kwon’s extradition.
FIFA launches NFT collection amid 2023 Club World Cup
FIFA NFTs, minted on Algorand, have totaled only $2.4 million in trading volume since their inception last September.
Price analysis 12/11: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, AVAX
Bitcoin’s sharp correction surprised investors, but is it a sign that further downside is in store?
Blockchain gaming market in North America is projected to reach $600B by 2030 — Report
The current market is growing at a 21.8% CAGR, according to a report from Fortune researchers.
Enjin migrates over 200M NFTs from Ethereum to its blockchain
Atlas Development Services executive Oscar Franklin Tan told Cointelegraph that to avoid the gas fees for transferring 200 million NFTs, it took a different approach in the migration.
One-hour Bitcoin block times: What do they mean and are they frequent?
Extended Bitcoin block times have been in the headlines recently, but are they really that big of a deal — or even very common?
X-Spot granted trademark injunction against Huobi Global in Hong Kong
The ruling only applies to the use of the trademark in Hong Kong until a final decision is issued at trial.
Immutable expands Web3 gaming payment options with Transak integration
Immutable deploys Transak’s functionality into its zkEVM gaming development infrastructure, powering in-game cryptocurrency and fiat payment methods.
UK asset manager M&G invests $20M in Bitcoin derivatives exchange
The investment will open up cryptocurrency derivatives trading to traditional financial institutions.
ChatGPT passes neurology exam for first time
LLM 4.0 from OpenAI answered 85% of the American Board of Psychiatry and Neurology's questions correctly, implying potentially "significant" future uses for the technology.
US Fed 2024 rate cut could prove perfect catalyst for BTC halving
A cut in the U.S. Federal Reserve rate is seen as bullish, as it boosts risk appetite among investors.
French startup Mistral AI closes $415M funding round
The French artificial intelligence startup Mistral AI closed a funding round worth around $415 million as it strives to be the EU’s rival to OpenAI.
Is the Bitcoin price dip toward $40K a bear trap?
Bitcoin’s sharp price drop from $44,000 has all the makings of a buy-the-dip scenario after leveraged longs get flushed out.
Argentine crypto influencers hope Javier Milei will shun FATF Travel Rule
The Argentine president, inaugurated on Dec. 10, has promised to disband the country’s central bank but hasn’t made any official commitment to introduce Bitcoin-friendly legislation.
Bitcoin price correction hints start of altseason, trader suggests
BTC price momentum started in October and helped the world’s top cryptocurrency make significant strides, gaining nearly $10,000 in the past month.
Crypto fund worth $500M eyes Animoca Brands and Chainalysis: Report
The C1 Secondaries Fund, which invests in companies in the digital assets space, is reportedly seeking to invest in crypto firms at discounts of up to nearly 80%.
Nvidia plans Vietnam expansion for AI development
Nvidia CEO said the company has plans to expand its partnership in Vietnam and potentially set up a base to attract local talent in the AI industry.