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Hong Kong issues dual-track policy for AI adoption in finance

Hong Kong’s FSTB has unveiled a balanced AI policy approach for finance while the SFC preps new crypto OTC regulations.

Green United promotor asks to appeal SEC’s $18M crypto mining fraud case

Kristoffer Krohn claims the SEC got its application of securities laws wrong, which a federal court agreed with — now he’s asking for an appeals court to decide who is right.

Bitmain-linked firm Sophgo denies supplying AI chips to Huawei

Chinese chip manufacturer Xiamen Sophgo has denied having any business relationship with Huawei after being cut off by Taiwan Semiconductor Manufacturing Company. 

Bitcoin ETFs could soon cross 1M BTC as traders expect November tailwinds

Spot Bitcoin ETFs will need to make an average of $301 million in net inflows per day to get it done this week. 

1inch, Bruce Lee family launch ‘seriousLee’ DeFi campaign

1inch has teamed up with the Bruce Lee Family Company for the “Take crypto seriousLee” campaign, merging DeFi and Lee’s legacy to shift public perception of cryptocurrencies.

Disappearing Satoshi statue in Lugano took 21 months to create, says artist

Valentina Picozzi, an Italian artist, and orthodontist, became a Bitcoiner in 2012 and has been an activist artist since.

Trump win, ‘regulatory sanity’ is bad news for memecoins: Professor

A Donald Trump presidency would be "bearish memecoins" as they are a "form of economic populism and a statement against the unfair," a professor claims.

Base stablecoin transaction volume briefly tops all other chains

Base has notched a new record stablecoin volume, temporarily beating out Solana, Ethereum, and Tron for the top spot. 

Vitalik Buterin in ‘wartime mode’ tops KOL mindshare as he slams ETH critics

Data shows the Ethereum co-founder has nabbed the highest share of “KOL mindshare” on X this week, posting about Ethereum’s roadmap and defending from Ethereum critics.

Bitcoin price push through $68K adds strength to SOL, DOGE, RUNE and BGB

Bitcoin’s bounce back to $68,000 raises the chance of a rally in SOL, DOGE, RUNE and BGB.

Tether CEO breaks down reserves backing USDT stablecoin

The Wall Street Journal cited unnamed individuals as the source of the claims that the United States government is investigating Tether.

FTX settles lawsuit against the Bybit exchange for $228 million

The prices of Bitcoin and other digital assets were significantly lower during the 2022 collapse of FTX compared to current market prices.

3 signs Ethereum price is gearing up for a rebound toward $6K

Ethereum is now testing a key support level that last helped it rebound by over 160%. Multiple factors support this bullish fractal.

Decentralized future: TON Society co-founder on crypto mass adoption

Jack Booth of the TON Society discussed the future of decentralization, the impact of CBDCs, and the path to mass crypto adoption.

CBDCs and crypto should coexist, not compete — CoinDCX co-founder

Sumit Gupta shares insights on India’s approach to CBDCs and private cryptocurrencies, emphasizing the need for balanced regulation.

Altcoin seasons ‘will be weaker’ moving forward, says analyst

Popular crypto analyst Willy Woo says that the altcoin market cap “is like the cricket bat that has had 10 new handles and 10 new blades.”

Coinbase introduces 'Based Agent' for creating AI agents in 3 minutes

Cryptocurrency exchange Coinbase claims crypto users can now use the template to build their own AI agent in under 3 minutes.

Microsoft set to vote on Bitcoin, Peter Todd hiding, and more: Hodler’s Digest, Oct. 20 – 26

Microsoft shareholders are set to vote on whether it should add Bitcoin to the balance sheet, Peter Todd is hiding in fear: Hodlers Digest.

Former President Trump floats idea of eliminating federal income tax

According to the most recent Polymarket odds, the former President currently has a 65% chance of winning the Presidential election.

'The Case for Bitcoin as a Reserve Asset' — Bitcoin Policy Institute

According to the paper, central banks collectively hold $2.2 trillion in gold as of Q1 2024 and continue to expand their gold allocations.

How digital bonds could reshape debt markets and cut borrowing costs

Lamine Brahimi discusses how blockchain-based government bonds could revolutionize debt markets, with benefits including lower borrowing costs and efficient settlements.

BTC price nurses 5% dip amid warning Bitcoin can still 'flush' to $60K

Bitcoin rapidly rids itself of record open interest but concerns remain over the short-term BTC price trend.

What happens to seized cryptocurrency?

Learn the fate of seized cryptocurrency, including how it’s stored, auctioned and redistributed after being confiscated by law enforcement.

The ‘Purge’ — Vitalik’s plan to reduce Ethereum’s bloat

Vitalik Buterin’s “The Purge” aims to streamline Ethereum by reducing data bloat, simplifying the protocol and addressing technical debt for better efficiency.

Fake Curve Finance app scams users, tops global finance charts

A fake Curve Finance app has infiltrated Apple’s app store, gaining popularity despite warnings from the community.

Polymarket's vision 'still isn't' to be a political website, says founder

The founder of Polymarket claims that the platform "is not about politics" as it takes "center stage" in the lead up to the United States presidential election.

Bitcoin bulls 'in control' as long as price holds above $66.5K: Analysts

Bitcoin solidifying its position “above all key moving averages” suggests that bulls are “firmly in control” as long as the price holds above $66,500.

What happens to Bitcoin price if Microsoft shareholders vote to buy BTC?

Microsoft’s upcoming vote on whether or not to build a Bitcoin position is just another sign of corporations’ and institutional investors’ growing interest in BTC.

FINRA says rules still apply in the metaverse

The Financial Industry Regulatory Authority says brokers and dealers are increasingly experimenting in the metaverse.

Crypto Biz: SushiSwap bets on new roadmap against DEX competition

This week’s Crypto Biz also explores Tesla’s Bitcoin holds, Avalanche’s Visa card, Core Scientific’s billionaire deal with CoreWeave and Chainlink’s pilot for corporate databases.

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