Crypto News Digest - Quick-read versions of cryptocurrency updates
Decrypt News
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Ethereum faced a tumultuous 2024 with regulatory challenges, SEC lawsuits against @Consensys, and the unexpected approval of spot $ETH ETFs, while President-elect Donald Trump supported an Ethereum-based project. #Update #Crypto @Ethereum ↗ (+4)
@MYRIAD and @PudgyPenguins launch their first Community Contest offering Lil’ Pudgys NFTs as prizes; participate at myriad.markets. #Update #Crypto @MYRIAD → 0
@DecryptMedia explores Web3 and decentralized storage innovations with @MystenLabs and DASTAN, focusing on data resilience, scalability, and media solutions, potentially reshaping media business models. #Update #Crypto @DecryptMedia ↗ +3
Interpol issues a red notice for Hex founder Richard Schueler over tax fraud and assault accusations, reflecting increased scrutiny on crypto projects like @HexCrypto. #Breaking #Legal @Interpol ↗ +8
@OpenAI’s o3 AI model scored 88.5% on the ARC-AGI benchmark, nearing human-level intelligence, yet experts debate its AGI status due to reliance on computational power and heuristic methods. #Update #AI @OpenAI ↗ (+3)
@Galxe launched its Gravity blockchain powered by Grevm 1.0, an open-source parallel EVM runtime enabling nearly 800,000 daily transactions, enhancing performance with Asynchronous I/O and parallel execution, positioning it as a leader in scalable blockchain solutions. #Update #Blockchain @Galxe ↗ (+6)
@cryptocom launched a sports prediction market in the U.S., starting with the Super Bowl, allowing users to bet using digital assets like $CRO, amid rising interest in crypto-based sports betting. #Update #Crypto @cryptocom ↗ (+6)
@MatadorTech will use $BTC as a treasury reserve with a $4.5M purchase, shifting cash reserves to USD; its stock fell 35% since TSX debut. #Crypto @MatadorTech ↘ (-3)
Yann LeCun, @Meta’s Chief AI Scientist, named Emerge’s 2024 Person of the Year for advancing AI research, advocating open-source models, and challenging AI regulation, emphasizing Objective-Driven AI and self-supervised learning. #Update #AI @Meta ↗ (+7)
From pocket AI assistants to humanoid robots, 2024’s hardware innovations highlight the convergence of AI, crypto, and consumer tech, with standout devices like @RabbitAI’s R1 and @FigureAI’s Figure 02 redefining categories despite concerns over future toxic waste. #Update #Tech @RabbitAI ↗ (+6)
Crypto gaming saw a transformative year as @Notcoin’s tap-to-earn model led the charge, while @OffTheGridGame’s blockchain-backed shooter captivated mainstream audiences; @Parallel’s esports expansion and @FantasyTop’s influencer-driven platform also made waves. #Update #Crypto @Notcoin ↗ (+7)
The 7 Wildest Meme Coin Livestreams on @PumpFun in 2024 saw creators engage in extreme antics, including fake suicides, animal abuse, and drug overdoses, as they attempted to boost $SHITCOIN and other tokens’ values, leading to platform changes. #Update #Crypto @PumpFun ↘ (-7)
@BlackRock’s Bitcoin ETF approval by the SEC led to $BTC hitting an all-time high of $103,679 after Trump’s pro-crypto election win, signaling increased institutional adoption and political support for digital assets. #Update #Crypto @BlackRock ↗ (+8)
Santa’s Crypto Nice List 2024 highlights @Coinbase CEO Brian Armstrong for advocating favorable U.S. crypto regulations, boosting pro-crypto Fairshake’s $200M fund, and facilitating crypto donations for political campaigns. #Crypto @Coinbase ↗ (+7)