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Zcash founder joins Shielded Labs, pushes for hybrid PoS upgrade

Zooko Wilcox is now the new head of product at Shielded Labs and wants to speed up the protocol's upgrade to a hybrid PoS consensus mechanism.

BitGo CEO argues WBTC security is unchanged amid concerns

BitGo recently announced a new venture to diversify its Wrapped Bitcoin custodial locations, and Justin Sun’s involvement has caused concern for some.

Crypto user fat fingers $90K fee for a $2K ETH transfer

An anonymous user appears to have accidentally spent 34 ETH to transfer a little more than $2,200 in ETH.

Venezuela blocks Binance, X amid presidential election dispute

Binance has assured its users that their funds are safe after Venezuela cut off access to the exchange and social media platform X.

BOJ ex-board member says another rate hike unlikely this year

The Bank of Japan is unlikely to raise interest rates again for the rest of the year, but it’ll be a "toss up" whether there will be another before March.

Expect Bitcoin ETF options to launch before 2025

You can expect Bitcoin ETF options to begin trading in the United States before 2025.

Traders hope $60K Bitcoin price boosts momentum in ETH, SUI, TAO and NOT

Bitcoin bulls are trying to flip $60,000 to support, and if that happens, ETH, SUI, TAO and NOT could move higher.

OpenAI fears people will forms bonds with the AI it developed to fool humans

The warning shows that developers are aware that anthropomorphization is a legitimate concern in the AI industry.

Quantum computers are advancing much faster than scientists expected

Breakthroughs in scalability, error-correction, and infrastructure have led to an accelerated timeline for quantum advantage.

Bitcoin metric calls 'local bottom' as traders eye sub-$60K BTC price

BTC price expectations demand a trip below $60,000 before upside continuation, but a market top and bottom metric says the worst is over.

4 years in, MicroStrategy’s Bitcoin gamble beats Warren Buffett’s warning

MicroStrategy’s stock value is up by 1,000% since its first Bitcoin purchase, while Warren Buffett and Berkshire Hathaway have missed the boat.

Hong Kong to enhance digital asset regulation in 18 months

By establishing a comprehensive regulatory framework, the city aims to attract global fintech talent, foster innovation, and ensure the security and integrity of digital asset transactions.

Tornado Cash dev Alexey Pertsev seeks more funding for legal appeal

Pertsev’s case is a pivotal moment for the crypto community and advocates of digital privacy.

African Union greenlights AI adoption across member states

The strategy aims to fast-track AI development and adoption in Africa, driving innovation and growth in the continent.

BitGo set to transition Wrapped Bitcoin business to multi-jurisdictional custody

BitGo claims the move of its Wrapped Bitcoin business will make it the world’s first “multi-jurisdictional and multi-institutional custody.”

Morgan Stanley’s Bitcoin ETF push a 'death wish,' says former SEC official

Former United States Securities and Exchange Commission official John Reed Stark believes that Morgan Stanley’s Bitcoin ETF pitch could severely burden its compliance department.

XRP surges after Ripple ‘victory,’ Trump Jr. crypto platform plans, and more: Hodler’s Digest, Aug. 4-10

XRP surged 26% after Ripple scores a ‘victory,’ Donald Trump Jr. reveals plans to launch crypto platform: Hodler’s Digest

IBM’s new ‘Lightweight Engine’ could be a game changer for fintech

JP Morgan just rolled out ChatGPT to 60,000 employees, demonstrating the demand for generative AI in the financial services sector.

Celsius sues Tether seeking $3.5B over Bitcoin collateral selloff

The assets in question were evidently given to Tether as collateral.

Apple used Google’s chips to train its AI — where does that leave Nvidia?

Nvidia’s shrinking market cap could signal a shift in the generative AI developer’s market.

Nigerian activist receives local support in legal fight to use crypto

This lawsuit comes amid the Nigerian government’s increasingly hostile stance toward cryptocurrencies.

Harris campaign’s crypto ‘reset’ questioned amid Fed crackdown

Critics argue that the US Federal Reserve’s actions are a significant overreach and could stifle innovation in the cryptocurrency sector.

Gemini urges CFTC to withdraw proposed rule on event contracts

Gemini co-founder Cameron Winklevoss believes that cryptocurrency prediction platforms offer a level of integrity that other platforms can’t match.

SEC and Ideanomics settle crypto revenue reporting fraud charges

According to the report, all parties involved have agreed to settle the charges without admitting or denying the SEC’s findings

VC firms are slowing down crypto investments for a 'nuanced reason' — Venture Capitalist

Adam Cochran highlighted that crypto funding has slowed as venture capitalists prefer to focus on “breakout trends” rather than “moonshots.”

Bitcoin bull-bear cycle indicator flips bullish as price holds $60K

The Bitcoin bull-bear market indicator has turned green once more after Bitcoin's drop below $50,000 triggered its first bearish signal since January 2023.

AI offerings are a bad joke, and investors aren't laughing

Neither OpenAI nor other tech giants have produced systems capable of doing much, but that hasn't stopped them from pushing for massive new investments.

IRS updates draft of crypto reporting form for US taxpayers

The latest draft form eliminated asking US taxpayers the time of day a crypto transaction occurred and identifying the “broker type.”

Anthropic launches $15K jailbreak bounty program for its unreleased next-gen AI

The program will be open to a limited number of participants initially but will expand at a later date.

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