Coinbase Backs $32M Stablecoin Startup
Trace Finance raises $32M led by CoinFund as Brazil reclassifies cross-border crypto flows, expanding into Latin America, U.S., and Asia-Pacific. #Update #Finance
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Decrypt.co is a leading digital media platform founded in 2018, dedicated to bringing clarity to the complex world of cryptocurrencies, blockchain technology, and Web3. Through unbiased reporting, in-depth features, and educational guides, Decrypt empowers readers to navigate the rapidly evolving decentralized landscape with confidence. The publication’s commitment to journalistic integrity and accessible storytelling has positioned it as a trusted source for both newcomers and seasoned enthusiasts seeking to stay informed in the ever-changing realm of digital assets.
Estonia Launches AI National ID Initiative
Estonia approves plan to issue AI agents digital IDs, aiming to become the first country to provide official identities for AI, enhancing accountability and action specificity. #Update #Tech
AI Failing LGBTQ Users Warns GLAAD
GLAAD warns AI systems amplify anti-LGBTQ bias, urging stronger oversight and collaboration with advocacy groups to prevent discrimination in housing, employment, and healthcare. #Update #AI
Bitcoin Taxation Begins in Illinois Controversy
Illinois Governor JD Pritzker signs a law enacting a 0.2% digital asset tax starting in 2027, potentially generating $60 million annually, criticized as “punitive” by Crypto Council for Innovation. #Update #Legal
Allbirds Stock Soars on AI Rebranding
Allbirds rebrands to Smartbird, appointing Nadia Carlsten as CEO; shares rise 52% after selling shoe business and boosting financing to $100M for AI pivot. #Update #Business
Coinbase Stocks Surge After Strategic Moves
@Coinbase aims to become an “everything exchange,” unveiling tokenized equities and options trading, prompting Benchmark-StoneX to reiterate a $270 price target. Crypto
Bitcoin Rodney Admits $1.8B Crypto Fraud
Rodney Burton, known as “Bitcoin Rodney,” pleaded guilty to running an unlicensed money-transmitting business tied to a $1.8B crypto fraud, facing up to five years in prison.
Bitcoin Rodney Guilty in $1.8B Fraud
Rodney Burton, aka “Bitcoin Rodney,” pled guilty to running an unlicensed money-transmitting business tied to a $1.8B crypto fraud scheme, facing up to five years in prison.
Bitcoin Senators Oppose SBF Pardon Resolution
Sens. Rubén Gallego and Cynthia Lummis introduced a resolution opposing clemency for Sam Bankman-Fried, following his pardon petition amid FTX’s $8 billion fraud case. #Breaking #Legal
Coinbase Launches Stocks AI Perps Hub
Coinbase introduces trading for US stocks, ETFs, and tokenized assets to become an “everything exchange,” integrating AI advisors and crypto products. #Update #Finance @Coinbase
Uniswap Surges 20% Eyes $100 Target
Uniswap’s $UNI surged 19.8% to $3.63 after Standard Chartered projected a $100 target by 2030, driven by tokenized securities launch and institutional interest. #Update #Crypto
CBDC Ban Through 2030 in Housing Deal
The U.S. Senate Banking and House Financial Services committees updated the 21st Century ROAD to Housing Act, temporarily banning a central bank digital currency (CBDC) until December 31, 2030. Legal
Alibaba Launches Qwen-Robot for Robot Economy
Alibaba unveiled the Qwen-Robot Suite, a trio of AI models for robot navigation, manipulation, and simulation, marking a significant step in embodied AI development. #Update #Tech
Binance Rejected for EU License Approval
Binance’s MiCA application likely to be rejected by EU regulators, risking its ability to operate in the region. Binance asserts compliance with EU laws. #Breaking #Legal