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Solana MEV bot bags $1.7M, CFTC eyes DeFi risk mitigation: Finance Redefined

Web3 applications and protocols saw 124% growth in 2023, where an average of 4.2 million UAWs interacted with these apps daily, more than double the number of users in 2022.

Ethereum price soars as Bitcoin drops — Did ETH steal BTC’s thunder?

ETH price surges above $2,650, eclipsing investors’ expected impact of the spot Bitcoin ETF approval. But what’s behind Ethereum’s momentum?

The New York Times vs. OpenAI: What’s the worst that could happen?

The future of media, artificial intelligence and U.S. copyright law could all hang in the balance.

Grayscale court decision was key to Bitcoin ETF approval, says Gary Gensler

The SEC Chair said Grayscale’s court decision “changed” the commission’s approach to spot Bitcoin ETF trading on Wall Street.

Ether price jumps 20% vs. Bitcoin as BlackRock boosts Ethereum ETF bets

Ethereum ETF “value” is acknowledged by CEO Larry Fink as ETH’s price rises sharply in both U.S. dollar and BTC terms.

Genesis Global Trading settles with NYDFS, will forfeit BitLicense and pay $8M

According to the New York regulator, Genesis had compliance failures that violated crypto and cybersecurity regulations, leaving the company “vulnerable to illicit activity.”

CoinShares exercises option to acquire U.S. Bitcoin ETF issuer Valkyrie

After securing the option to acquire Valkyrie’s crypto unit in November 2023, CoinShares is exercising the option after Valkyrie’s spot Bitcoin ETF listing on Nasdaq.

South Korean regulator warns against U.S. Bitcoin ETF trading

The South Korean Financial Services Commission may review and update its regulations in regard to the Bitcoin spot ETFs trade approval in the United States.

Spot Bitcoin ETF approved in the US: What to expect next

Industry experts predict what to expect next following the approval of spot Bitcoin ETFs in the United States.

AI computing in 2024: Navigating the surge in demand for generative AI

Doug Petkanis, the co-founder and CEO of Livepeer, shared his insights with Cointelegraph about the escalating demand for AI computing power in 2024 and how companies can manage these requirements.

US Congress to scrutinize AI’s impact on financial services

According to the announcement, this bipartisan working group builds on the work of the Task Force on Artificial Intelligence in the 116th and 117th Congresses.

1inch DAO votes in legal team for risks around decentralization

Storm Partners should help the DAO to “face the many challenges its decentralized nature poses.”

Spot Bitcoin ETF: Should retail investors be concerned?

Either a good or bad investment option for retail investors, spot Bitcoin ETFs will unlikely reduce demand for BTC in the long term.

3 reasons why Bitcoin is still due further BTC price upside

Bitcoin is keeping the bull market alive and well despite ETF volatility failing to offer a definitive BTC price breakout — for now.

FTX creditors seek ‘in-kind’ crypto repayments instead of 2022 low prices

Some FTX customers say the crypto valuation proposal is unjust to holders of Bitcoin and other volatile assets.

NFTs eye comeback following spot Bitcoin ETF approval

Cypher Capital’s Bill Qian said the growing understanding of Bitcoin could increase investor curiosity and appetite for NFTs.

Ethereum devs air concern over Vitalik’s plan to increase gas limit

Ethereum developers opposing Vitalik’s gas limit increase suggestion are concerned about the increasing size of the blockchain state.

MEV bot pulls $1.7M profit from a single ‘inefficient’ Dogwifhat trade

A Solana-based maximum extractable value (MEV) bot netted the staggering sum by backrunning a trader when they purchased $8.9 million of the memecoin.

Big changes coming to Ethereum’s account abstraction to save on gas

Ethereum smart accounts are getting tweaked in an upgrade to reduce gas usage on layer-2 networks.

Coinbase partners with Yellow Card to expand USDC access in Africa

Coinbase integrated Yellow Card’s payment rails, enabling Coinbase customers in Africa to more easily on and off-ramp between fiat and crypto, including USD Coin.

Vanguard users threaten to close accounts after firm blocks spot Bitcoin ETFs

Spot Bitcoin ETFs were also reportedly not currently available for purchase on the brokerage platforms of Citi, Merill Lynch, Edward Jones and UBS.

Spot Bitcoin ETFs top $4.5B total volume on the first day of trading

Spot Bitcoin ETFs topped $4.5 billion in trading volume on the first day of trading, but one of the issuers has clarified it hasn’t yet made the cut.

Hong Kong Bitcoin ETF FOMO, Thailand approves $14B airdrop: Asia Express

Hong Kong regulators seek to accelerate Bitcoin ETF approvals. Thailand handing out billions, Chinese bank’s blockchain patent: Asia Express.

SEC wants court to compel Ripple to produce financial statements

The commission said the request was related to a July ruling in which a judge said the XRP token only qualified as a security when sold to institutional investors.

OpenAI launches ChatGPT Team service featuring 32K context window and custom GPTs

The new offering aims to hit the sweet spot between the company’s Enterprise and single-user offerings.

Spot ETFs tipped to accelerate Bitcoin use cases, act as tailwind for the crypto industry

Crypto firms predict ETFs will unleash demand for Bitcoin-tied solutions, accelerating innovation in the Bitcoin ecosystem.

Gary Gensler had the opportunity to stop a spot Bitcoin ETF, so why didn’t he?

Many speculated that the SEC chair had no choice but to approve the investment vehicle after a court-ordered review of Grayscale’s spot Bitcoin ETF application.

Near Foundation lays off 40% of workforce despite rosy financials

The firm says the cuts were necessary to consolidate the team and "focus on a narrower and higher-impact set of activities."

Canada may also benefit as US finally gets spot BTC ETF: Coinbase exec

Canada has had a spot BTC ETF for years, but the surge in interest from the U.S. may boost its neighbor’s market and increase competition.

Spot Bitcoin ETFs record notable volume on day 1 — BTC price nearly hits $49K

Markets react positively to the first trading day for spot BTC ETFs, with Bitcoin rallying to nearly $49,000 and ETH hitting a 12-month high.

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