Gen AI report highlights job loss concerns in entertainmentAccording to a CVL Economics report, 36% of entertainment leaders using generative AI report a reduced need for specific skills for daily tasks and responsibilities among their staff.Feb 4, 2024Amaka Nwaokocha
Scrapped FTX relaunch raises alarm over legal team’s profitsFormer SEC official John Reed Stark described the FTX reorganization plan as a “highway robbery of highway robbers.”Feb 4, 2024Amaka Nwaokocha
Judge rejects Ryder Ripps’ counterclaims against Yuga Labs, orders $9M payoutRyder Ripps and Jeremy Cahen saw their counterclaims against Yuga Labs rejected, and they were ordered to pay almost $9 million in compensation to the digital collectible firm.Feb 4, 2024Ciaran Lyons
Bankrupt crypto lender Genesis seeks approval to sell $1.6B of trust assetsDebtors of the bankrupt crypto lending firm stressed the need for fast approval to sell the shares before any potential price fluctuations.Feb 4, 2024Ciaran Lyons
FTX moves to offload 8% stake in AnthropicFTX submitted a motion to sell its entire stake in AI startup Anthropic, worth about $1.4 billion.Feb 3, 2024Ana Paula Pereira
Bitcoin ETFs hype stalled by due diligence — BloombergCompanies such as LPL Financial Holdings are currently conducting due diligence on the newly approved Bitcoin ETFs.Feb 3, 2024Ana Paula Pereira
Nigerian analysts refute claims of crypto role in Bureau De Change shutdownLocal reports state that Bureau De Change operators announced the shutdown of operations in Abuja due to the unavailability of U.S. dollars.Feb 3, 2024Amaka Nwaokocha
EU member states ‘endorse political agreement’ to advance AI ActThe approval on Feb. 2 came as France and Germany withdrew their objections to the AI Act.Feb 3, 2024Amaka Nwaokocha
Crypto protocols recover $674M, Jupiter DEX memecoin frenzy: Finance RedefinedTrading volumes on the Solana-based DEX Jupiter topped the charts at $480 million in a 24-hour period amid a frenzy for a new memecoin airdrop and heightened stablecoin swaps.Feb 3, 2024Prashant Jha
DOJ charges duo for crypto mining in school district amid US energy scrutinyThe charges against the school district staff members coincide with the U.S. energy regulator’s recent clampdown on crypto mining activities.Feb 3, 2024Ciaran Lyons
FTX petitions court to sell off $175M claim against DCG’s GenesisThe bankrupt firms whittled the sum down from a much larger debt to avoid the delay and uncertainty of litigation.Feb 3, 2024Derek Andersen
Crypto teacher loses student’s $1.2M investment in fake hedge fundAccording to the U.S. SEC, Brian Sewell allegedly never launched the crypto hedge fund that promised to use AI and other strategies for maximizing returns.Feb 3, 2024Ciaran Lyons
BlackRock and ProShares Bitcoin ETFs overtake GBTC’s daily trading volume BlackRock and ProShares daily spot Bitcoin volumes surpass Grayscale’s GBTC.Feb 2, 2024Nancy Lubale
Crypto Biz: Tether’s bumper 2023, Global X pulls Bitcoin ETF filing, and moreTether’s robust performance in 2023 shows rising demand for stablecoins and closer ties between crypto firms and the traditional financial system.Feb 2, 2024Ana Paula Pereira
Ethereum futures premium drops to 3-month low — Is ETH undervalued? The ETH futures premium reached its lowest level since November 2023, but historical evidence points to a buying opportunity.Feb 2, 2024Marcel Pechman
Fusionchain custody service to rise from Qredo after acquisitionInvestor Dan Tapiero is behind the transformation of digital asset custody service Qredo. Current customers will not be affected.Feb 2, 2024Derek Andersen
No crypto ad spots are expected for Super Bowl LVIIIBMW, Budweiser, State Farm, Oreo, DoorDash and Hellman’s Mayonnaise are reportedly planning to advertise for the big game — food and cars, not AI and crypto.Feb 2, 2024Turner Wright
Dogecoin network activity goes parabolic — Will DOGE price follow?Dogecoin network activity has surged in the past week, but DOGE price hasn’t moved yet.Feb 2, 2024Nancy Lubale
Trump says AI could be the most dangerous thing out there: ‘It’s so scary’The GOP frontrunner claims even experts can be fooled by AI — “there’s no solution.”Feb 2, 2024Tristan Greene
VC Roundup: Institutional staking, car network, and Move VM funding deals Axiom, Portal, HashKey, Kiln, Digital Infrastructure, Pontem and p0 are among the startups securing venture capital in January 2024.Feb 2, 2024Ana Paula Pereira
Price analysis 2/2: BTC, ETH, BNB, SOL, XRP, ADA, AVAX, DOGE, DOT, LINKBitcoin’s historical performance in February favors bulls, opening the gates for a possible rally above $45,000. Will altcoins follow?Feb 2, 2024Rakesh Upadhyay
Irish Council for Civil Liberties says Microsoft–OpenAI partnership must be investigated as merger Microsoft’s $13-billion investment in OpenAI has earned it a seat on the company’s board and the attention of European regulators.Feb 2, 2024Tristan Greene
Thai SEC orders Zipmex to suspend services temporarilyAccording to the regulator, the crypto exchange could resume normal operations should it meet SEC requirements within 15 days.Feb 2, 2024Turner Wright
Bitcoin price drops 1.3% in an hour as US payrolls smash estimatesBitcoin reacts instantly to data that supports the Federal Reserve’s ability to keep interest rates higher for longer as BTC’s price dips to $42,550.Feb 2, 2024William Suberg
Bitcoin Ordinals sales dipped 61% in January, halving sparks hopeOrdinals sales took a drastic fall in January, but the upcoming halving could reignite interest in Bitcoin-native NFTs.Feb 2, 2024Alek Hidell
Bitcoin halving date bet vs. Groundhog prediction: Choose your fighterVarious Bitcoin halving countdowns say the next Bitcoin halving could occur in a period from April 8 to April 22, 2024, but when exactly?Feb 2, 2024Helen Partz
Pig-butchering scams morph into DeFi threatsFraudsters perpetrating “pig butchering” scams are turning to malicious decentralized finance applications to steal from unsuspecting victims.Feb 2, 2024Gareth Jenkinson
US Gov’t surveys crypto mining’s impact on electricity useThe U.S. Energy Information Administration will conduct a six-month mandatory survey involving all commercial cryptocurrency proof-of-work mining companies in the country.Feb 2, 2024Gareth Jenkinson
UK police may be ‘ill-equipped to handle crypto crimes’ — Fraud victimA fraud victim in the U.K. claims that local police failed to request his stolen funds be frozen, even though the tokens were sent to a centralized app that could potentially recover them.Feb 2, 2024Allen Scott
Meta unveils Artemis chip to boost AI, cut Nvidia ties — ReportMeta confirmed plans to deploy a new custom semiconductor chip, dubbed “Artemis,” in its data centers to enhance AI capabilities, reducing dependency on Nvidia.Feb 2, 2024Savannah Fortis