Ex-Cantor execs launch crypto lending platform in expectation of Bitcoin ETFs
The new platform Tokenet hopes to capitalize on institutional interest following the potential approval of a spot Bitcoin ETF.
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Marathon, Riot among most overvalued Bitcoin mining stocks: Report
Bitcoin mining analyst Jaran Mellerud said there are “better-priced opportunities” that could even out the valuation discrepancies between the mining stocks.
Wintermute claims NEAR backed out of $11M stablecoin redemption deal
Wintermute founder and CEO Evgeny Gaevoy says the NEAR Foundation reneged on an offer to convert $11 million worth of its stablecoin.
Expect new IRS crypto surveillance to come with a surge in confiscation
The Justice Department is claiming that it's "critical" for it to have the power to seize cryptocurrency from Americans — even if a judge never signs off.
Data highlights Bitcoin's potential path to $40K amid global economic turbulence
Robust BTC derivatives data indicates strong demand for leverage longs.
US CFPB proposes supervising digital app providers, including crypto wallets
The proposal would affect retail transactions carried out from crypto wallets, but not crypto trading.
Bitcoin supply held by long-term holders hits all-time high — Research
Bitcoin’s recent rally to a 2023 high is backed by on-chain and sentiment data.
YouTube is testing experimental AI that chats with you about what you’re watching
Google’s also testing a tool that will help creators manage their comment sections.
IBM launches $500M fund to develop generative AI for enterprise
The new fund follows IBM’s participation in a $235M series D funding rounding in August for generative AI firm Hugging Face.
Vietnamese Web3 coalition Ninety Eight launches $25M ecosystem fund
The capital will be dedicated to supporting Web3 startups in Asia.
Coinbase beefs up its global advisory council with four national security experts
Coinbase is getting wonky with prominent names in national security from both sides of the U.S. political divide. They will join former lawmakers and other strategists.
The Alameda gap and crypto liquidity crisis explained
The November 2022 Alameda gap exposed vulnerabilities in the crypto market, shedding light on FTX and Alameda Research’s fraud.
Bitcoin Ordinals see resurgence from Binance listing
The ORDI token, which was not developed by the creator of Bitcoin Ordinals, has surged by 41% in the past 24 hours.
9 tips for a food business considering blockchain for its supply chain
With the right focus and plan, blockchain can add real value to the food and agricultural industry’s supply chain.
Simp DAO queen Irene Zhao on why good memes are harder than trading: X Hall of Flame
The original SimpDAO queen Irene Zhao says making good memes is harder than trading as you need to understand the market and the audience.
‘107,000 GPUs on the waitlist’ — Io.net beta launch attracts data centers, GPU clusters
Io.net’s recently developed decentralized physical infrastructure network has moved into its beta phase, allowing GPU computing providers to plug into the platform.
Caitlin Long’s Custodia Bank launches Bitcoin custody platform
Custodia Bank’s launch of Bitcoin custody follows a series of regulatory challenges the firm faced earlier this year.
Biden AI executive order ‘certainly challenging’ for open-source AI — Industry insiders
The executive order on AI safety from the Biden administration has laid out its standards for the industry. However, its vagueness has raised concerns among the AI community over stifling innovation.
Bitcoin open interest passes $15B as analyst warns of 20% BTC price dip
The highest Bitcoin open interest levels in over six months come as analysis predicts that BTC price action will fail to flip $36,000 this week.
Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX
Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real hope of rehabilitation.
How agencies can play a role in NFT and digital collectable creation
No matter their specialization, agencies have a unique power to shape the trajectory of Web3 adoption and elevate the realm of digital assets.
Xbox to enhance game dialogues with generative AI through new partnership
The company will provide an AI toolset for game developers to improve scripts, dialogue trees and quests inside games.
VARA demonstrates how regulators, market can work in tandem — VARA vice chair
Deepa Raja Carbon told Cointelegraph that VARA took a collaborative approach by consulting stakeholders, legislators and the general public to develop its virtual asset regulatory guidelines.
Kazakhstan’s authorities confirm they blocked access to Coinbase: Report
The authorities cited the Law on Digital Assets, enacted in February 2023, that forbids the issuance and trading of digital currencies and crypto exchange operations without a national license, according to reports.
BNB Smart Chain scam losses dropped 75% in Q3: Report
Security firm HashDit says the lower amount lost to scams on BSC could be due to an uptrend in security products addressing the threat.
Kenyan lawmakers ask local Blockchain Association to come up with crypto bill
Kenya might become the first country in the world where the industry’s representatives would develop the regulatory framework for crypto.
Fiat on-ramps, banking partners crucial for institutional Web3 adoption - European Blockchain Convention
Prominent fiat payment rail services and neobanking platforms are becoming a catalyst to address institutional mistrust in the cryptocurrency sector.
Inordinately high — Bitcoin Ordinals send BTC transaction fees to new 5-month peak
Bitcoin users attempting to send on-chain BTC transactions are footing the bill for a fresh surge in Ordinals.
Kraken looking to ‘solve’ industry challenges amid layer-2 rumors
The rumors were fueled by reports citing anonymous sources and a job posting from Kraken highlighting that the company is “enthusiastic” about layer-2 solutions.
Meta bans usage of generative AI ad creation tools for political advertisers
Meta updated its help center with a note explaining that political advertisers are prohibited from using its new generative AI ad campaign creation tools.