Prosecutors Reject Bankman-Fried Retrial Request
U.S. prosecutors oppose Sam Bankman-Fried’s retrial request, citing insufficient evidence of an unfair verdict and dismissing claims of political motivation as baseless. #Update #Legal $BTC
Crypto News
General category for all types of news related to the cryptocurrency world.
Adobe CEO Narayen Exits Amid AI Shift
Adobe CEO Shantanu Narayen steps down as the company pivots to generative AI, reflecting broader tech industry shifts with layoffs at Atlassian and Block. #Breaking #Tech
Polychain Leads $10M Seed for VeryAI
@VeryAI secures $10M seed funding led by Polychain Capital to enhance its proof of reality platform infrastructure. #Update #Tech
Hedera Launches Wyoming Stable Token
Wyoming’s Frontier Stable Token (FRNT) launches on @Hedera, expanding to eight blockchains including $ETH and $SOL, with 102% collateralization. Available on Kraken. #Update #Crypto
Crypto Industry Faces Stricter MiCA Regulations
@Swissborg adapts to the EU’s MiCA regulations, aiming to strengthen its market position after securing a MiCA license, while facing challenges from reduced global exchange presence. #Update #Crypto $SOL
White House Demands ABC Retraction on Iran
The White House demands ABC News retract a report on an alleged Iranian drone threat to California, citing reliance on unverified intelligence. #Update #Legal
Anthropic Launches Claude with Visual Diagrams
Anthropic introduces in-chat visualizations for Claude, enabling interactive diagrams and charts, available in beta across all plans, enhancing complex topic discussions. #Update #Tech
Google AI Predicts Flash Floods 24 Hours Early
Google unveils Groundsource, using AI to predict urban flash floods 24 hours in advance by analyzing global news data since 2000. #Update #Tech
Stablecoins Surge as US Banks Magnet
Patrick Witt, White House Council of Advisors for Digital Assets, argues stablecoins boost US bank deposits via foreign demand, countering fears they’ll drain funds. #Update #Crypto
Crypto Firms Linked to $2B Money Laundering
The FATF reports only 46% of jurisdictions regulate Virtual Asset Service Providers (VASPs) based on activities, leaving gaps exploited for fraud and money laundering. Enhanced oversight and international cooperation are urged. #Update #Crypto
FDIC Excludes Payment Stablecoins Insurance
FDIC Chairman Travis Hill proposes rules to exclude payment stablecoins from pass-through insurance, highlighting regulatory differences with tokenized deposits. #Update #Legal
Ukraine Launches AI Training with Combat Data
Ukraine’s Ministry of Defense launches a platform to train AI with real battlefield data, enhancing defense technologies and international cooperation through the DELTA project for real-time data analysis. #Update #Crypto
CBDCs Banned by U.S. Senate in Housing Bill
The U.S. Senate approved a bipartisan initiative banning the Federal Reserve from issuing a central bank digital currency until 2030, included in the housing bill facing House challenges. #Update #Crypto $BTC
JPMorgan Sued Over $328M Crypto Ponzi
JPMorgan Chase faces a lawsuit for allegedly enabling a $328 million crypto Ponzi scheme by Goliath Ventures, despite CEO Jamie Dimon’s past warnings on crypto fraud. #Breaking #Legal